Europe Top Stories

How the central bank squandered Switzerland’s gold reserves

If the Swiss vote yes in next month's referendum its…

Former Anglo’s senior exec. said to have taken $3.5 million from firm

Instead of paying for mine equipment and services, the former…

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Suncor Energy announces withdrawal from Syria

CALGARY, ALBERTA--(Marketwire - Dec. 11, 2011) - Suncor Energy reported today that it has declared force majeure under its contractual obligations and is suspending its operations with the General Petroleum Corporation (GPC) in Syria.

Mr Karzai invites gold and copper bidders to Afghanistan

The Karzai administration opened bids on billions of dollars worth of copper and gold deposits in four areas of occupied Afghanistan. The Afghan Ministry of Mines invited foreign transnationals to bid on multiple contracts to unearth copper and gold...

Mr Putin intervenes to save jobs at aluminum smelter

Reuters reported that Mr Vladimir Putin PM of Russia facing a wave of voter outrage as he prepares a bid to return to the Kremlin intervened to prevent an archaic 67 year old aluminum smelter with 3,500 workers from closure. Mr Putin was informed at a...

British funding for oilsands critics

- Federal Natural Resources Minister Joe Oliver has taken a dim view of British funding for opposition to oilsands development. "It's unfortunate that foreign interest groups opposed to Canadian development of our energy resources are pushing ...

Encanto Potash Corp. announces closing of the Muskowekwan First Nations Investment

VANCOUVER, Dec. 9, 2011 /CNW/ - Encanto Potash Corp. ("Encanto" or the "Company") (TSXV:EPO) (OTCQX:ENCTF) is pleased to report the closing of its previously announced (see press release dated November 16, 2011) non-brokered private placement of 12,940,000 units for aggregate gross proceeds of $2,976,200. The proceeds will be used to provide the Company with working capital for engineering studies, marketing and general administrative expenses.

New zinc mine in Northwest Territories crosses environmental hurdle

A new zinc mine in Canada's Northwest Territories has received environmental approval. Canadian Zinc Corporation (TSE:CZN) said Friday that its Prairie Creek Mine has cleared an environmental review by the Mackenzie Valley Environmental Impact Review Board, meaning the mine can proceed to the next stage of regulatory approvals.