The Latest Mining News On The Web
Pump Solutions Group -
May 16, 2012 -
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Pump Solutions Group (PSG) will demonstrate a wide selection of pumps designed for handling hazardous chemicals at ACHEMA 2012, June 18-22, in Frankfurt am Main, Germany.
BioteQ, a leader in the treatment of industrial wastewater, will be presenting a short course and technical paper at the 9th International Conference on Acid Rock Drainage taking place in Ottawa, ON from May 21-26, 2012.
Attend to learn more about acid rock drainage and new technologies for its treatment.
You can also stop by the BioteQ booth #16 or visit for more information.
General Electric (NYSE: GE) announced it is pursuing acquisitions of two underground mining equipment manufacturers in support of the global expansion of its mining business.
For thousands of years, silver has been used at the table, on the battlefield and even in healthcare. Today, the uses of silver for its healing and preventative properties are growing and analysts wonder what this renewed demand for the graphite metal will mean for the silver market.
Canadian Silver Bear Resources (TSX:SBR) posted Wednesday an operational update and announced its financial results for the first quarter of 2012.
Pan American Silver Corp. (TSX: PAAS, NASDAQ: PAA.T) first-quarter profit fell 46% as the costs of acquiring a Mexican gold and silver operation covered a revenue increase.
Over the past decade, mining investment in Latin America has more than doubled, even after experiencing a sharp drop in 2009. According to a report by the Metals Economic Group, Latin America is now the primary destination for mining exploration investment in the world, with 25% of total investment going to Chile, Peru, Brazil, Colombia, Mexico and Argentina.
The latest rant against Canada’s federal government’s borrowing practices has gone viral and not because it comes from a well-know economist, but because it is exposed by a well articulated and not camera-shy 12-year-old girl.
African Barrick Gold (LON:ABG) has decided to pay the Tanzanian government an extra 1% in royalties, in light of the current gold price environment.
A group of bearded women belonging to the feminist group La Barbe, crashed last night's Melbourne Mining Club meeting to congratulate the mining industry for its exclusion of women and its lobbying against the carbon tax.
Marketwire - Mining and Metals -
May 16, 2012 -
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The Mining Association of British Columbia (MABC), as part of its annual BC Mining Week celebrations, announced today that the 2012 recipient of the MABC Mining Person of the Year Award was issued Douglas H. Horswill, Senior Vice President of Teck Resources Ltd.
The world's top iron ore exporter, Brazil's Vale, is not excluding Chinese shipowners from transporting its iron ore and remains open to selling its huge dry bulk carriers to them, industry officials said on Wednesday.
InfoMine - CompanyProperty Mine -
May 16, 2012 -
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Midwinter Resources NL proposes a capital raising of AUD840,000.00.
CNBC's Brian Shactman discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
You site : News - China Coal & Electric Power - Beijing moves to discourage residential coal use in capital
Shares of the following companies had unusual moves in China trading. Stock symbols are in parentheses as of the close. The Shanghai Composite Index (SHCOMP) fell 5.9 points, or 0.3 percent, to 2,374.84 at the close, the lowest level since April 17. The...
China is likely to import 4m tonnes of US thermal coal in 2012, nearly four times the 1.17m tonnes imported in 2011. "We'll see over 12m tonnes of US coal go into China this year. Out of that, probably around 4m tonnes will be thermal coal, and this has...
China Shenhua Energy, the listed subsidiary of the country's largest coal miner China Shenhua Group, said Tuesday that it mined 24.5 million mt of commercial coal in April, up 12.9% year on year. Over January-April, Shenhua Energy -- which mainly produces...
First Australians, then Japan last year, followed by the United States in January this year and now Germany has shown keenness in investing to the exploration of huge Thar coal reserves, one of the largest in the world, for the production of electricity...
Want to see how this story relates to your portfolio? Just add items to create a portfolio now: X Add BHP Billiton Ltd. ADS (BHP) X Add Rio Tinto PLC ADS (RIO) Add Create Portfolio or Cancel Already have a portfolio? Log In By Robb M. Stewart MELBOURNE...
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Providing of Repair & Renovation of Railings & Buildings Marble & Gates for Eastern Irrigation Inspection Department of Assiut Geometries Irrigation Abnoub & Coast Sound & Badari in Assiut (Contractors of Class Seventh).
Evansville Courier -
May 16, 2012 -
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Evansville Courier & Press Shares of Patriot Coal Corp. — already hurt by the company's ongoing losses and a softening market for coal — tumbled further Tuesday after the company announced that it might lose a key customer of its Appalachian-mined...
According to MEPS latest report China Steel Insight, ex-mill steel prices (excluding taxes) in April 2011, were close to their peak values in all countries. Since then, selling figures have been in gradual decline. The price reductions in China, however,...
Want to see how this story relates to your portfolio? Just add items to create a portfolio now: X Add General Electric Co. (GE) Add Create Portfolio or Cancel Already have a portfolio? Log In By Robb M. Stewart -- GE agrees to buy Industrea for about...
Finally there is an objective tool anyone can use to compare the full life-cycle of emissions for various renewable and non-renewable energy sources when it comes to electricity generation. No surprise, bioenergy does very well. Based on over 2,000...
Business Spectator -
May 16, 2012 -
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The macro theme of the presentation was consistent with recent commentary from both BHP Billiton and Rio Tinto's senior executives: China's growth rate is slowing and the composition of that growth is shifting from investment to consumption, which will...
coal supply, Tata Power Company India must bring in more private miners to develop coal reserves which majority state-owned Coal India Ltd has left untapped, Tata Power Company Ltd executive Amulya Charan said on Tuesday. India is among the world's...
Silver Springs Attraction has never been without their share of interesting rides and exhibits. Back in the day, rides and exhibits required separate fees from their visitors. Without an entrance fee, you could simply, enjoy a day in the park at the...
Oil & Gas Reserves -
May 16, 2012 -
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About Oil & Gas Industry Today Aimed at business leaders and global professionals worldwide, Oil & Gas Industry Today is a media monitoring service provided by EIN News. About EIN News Established in 1995, EIN News began by supplying business...
Oil & Gas Reserves -
May 16, 2012 -
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… North Dakota and from Canadian oil sands . U.S. refiners along the ̷
Oil & Gas Reserves -
May 16, 2012 -
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… North Dakota and from Canadian oil sands . U.S. refiners along the ̷
http://www.sunnewsnetwork.ca http://www.sunnewsnetwork.ca/video/featured/prime-time/867432237001/ Prime time 1641151536001 Search All Videos Email Successfully Sent Invalid Email Addresses
Tom Fletcher is pushing an argument that was proven wrong in 2
Brazil's Eike Fuhrken Batista is the world of mining's richest man and he's been on a roll this year – until Tuesday when $1,023,200,000 disappeared from his personal fortune.
oil equivalent ("boe") basis ($17.97 per boe in Q1 2011) which represents an increase of 63 percent. Oil sands netbacks were $34.4 million ($20.7 million in Q1 2011) or $30.11 per barrel ($17.61 per barrel in Q1 2011). Connacher's refinery in Great Falls...
Daily Oil Bulletin -
May 15, 2012 -
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Daily Oil Bulletin -
May 15, 2012 -
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Daily Oil Bulletin -
May 15, 2012 -
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First Majestic Silver Corp shed most on the day and industry bellwethers Silver Wheaton and Pan American Silver both hit 52-week lows.
Orbite Aluminae Inc. -
May 15, 2012 -
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Orbite Aluminae Inc. (TSX:ORT) (the "Company") is pleased to announce two new appointments to its Board of Directors, adding Michael Hanley and Jean-Sébastien David as independent Board members.
4/3.5 4/3.5 -/- Gas storage -/- 1/1 (100)/(100) Oil 16/15.3 9/8.0 77/91 Oil sands evaluation -/- 7/7.0 (100)/(100) Total 20/18.8 21/19.5 (5)/(4) Success rate (%) 100/100 100/100 -/- (1) Revenue includes realized gains (losses) on derivatives...
Vancouver, B.C. - Women in Mining Vancouver Branch, with the support of Women in Engineering and Geoscience (DAWEG) and Teck Coal Limited, hosted a networking and information session in Sparwood, BC, on Thursday May 3rd, 2012.
been added to URS and a network of approximately 80 locations in North America. The network supports oil, oil sands and gas producing companies in regions of Western Canada and in the Southwest, Appalachian and Rocky Mountain regions of the United States. Flint has been added as the new...
Sunshine Oilsands Ltd. released its Quarterly report.
PR: Oilsands Quest Receives Court Approval of CCAA Extension 5/11/2012 Oilsands Quest Receives Court Approval of CCAA Extension Users Also Read Brattle, MISO look at power, gas industry challenges in meeting new...
Can it really be worse than last year, when the copper price dropped 26% in a single month?
In lunchtime trade Molycorp was changing hands for $24.37, down $1.06 or 4%, in reaction to a downgrade and as investors continue to digest the company's results out last week.
TheStreet Ratings downgraded the rare earth miner from hold to sell, while technical analysis at Forbes showed the stock may now be in oversold territory.
Last week Molycorp – destined to become the number one producer of the 17 elements outside China – announced of 40,000 tonnes per annum and at the same time increased reserves at its Mountain Pass mine 36%.
However, investors are selling off the stock because the average prices Molycorp received for rare earth oxides fell 20% to $95 a kilogram from $120 a kilogram in the final quarter of last year.
Molycorp shares hit a 2012 high of $34.71 on enthusiasm over a ground-breaking deal with Canada's Neo Material Technologies announced in March that gave it access to advanced rare earth processing capabilities and a sales channel into China.
But that euphoria has now evaporated as REE prices in China collapse and consumers in the automotive, high tech and green energy industries scramble to find alternatives.
Tuesday's decline brings Molycorp's losses over the past 12 months to over 60%. The counter hit a high of $77.54 on May 3 2011, but at $2.4 billion is now worth only a third of that in New York.
Read more about how rare earths have created a political fault line in the US >>
Read more about the implosion in rare earth oxide prices >>
Diamond miner Trans Hex said on Tuesday it expected a net profit of about R208-million for the twelve months ended March, compared with a loss of R45.1-million the previous year.