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Mining Industry News

Arizona Copper Mine Stirs Debate Pitting Profits vs Religion (New York Times – July 2, 2015)

Posted July 2nd 2015 at 10:35 pm ASSOCIATED PRESS – SUPERIOR, Ariz. — Outside of an aging mining town in the mountains east of Phoenix, a copper company has burrowed a shaft 1.3 miles into the high desert landscape in what is believed to be the deepest such mine in the U.S. Resolution Copper Mining says the mine will usher in […]

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Posted July 2nd 2015 at 10:34 pm

TORONTO, ONTARIO–(Marketwired – July 2, 2015) – Alamos Gold Inc. (“Alamos”) (TSX:AGI)(NYSE:AGI) and AuRico Metals Inc. (“AuRico Metals”) (TSX:AMI) are pleased to announce the completion of the previously announced arrangement (“Arrangement”) involving Alamos Gold Inc. (a predecessor to Alamos) (“Former Alamos”) (TSX:AGI)(NYSE:AGI) and AuRico Gold Inc. (a predecessor to Alamos) (“Former AuRico”) (TSX:AUQ)(NYSE:AUQ). Pursuant to […]

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MERGERS: Alamos and AuRico Metals Announce Completion of Merger

Posted July 2nd 2015 at 7:29 pm

TORONTO - Alamos Gold Inc.  and AuRico Metals Inc.  are pleased to announce the completion of the previously announced arrangement ("Arrangement") involving Alamos Gold Inc. (a predecessor to Alamos) ("Former Alamos")...

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TAKEOVER BID: Red Eagle Mining makes bid to acquire CB Gold

Posted July 2nd 2015 at 7:28 pm

VANCOUVER: Red Eagle Mining Corporation just announced that it has formally commenced its share exchange takeover bid to acquire all of the issued and outstanding shares of CB Gold Inc. in exchange for shares of Red Eagle Mining.

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EQUIPMENT: MTG launches the new LHD Lip System for underground mining

Posted July 2nd 2015 at 7:27 pm

Pain - MTG today has announced the launching of a new complete bucket protection system for loaders in underground mines, the LHD Lip System, that has been tested with excellent results Canadian and Portuguese mines. This welded system comes...

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DEVELOPMENT: Western Potash Delivers Scoping Study for Scalable Pilot Plant at Milestone

Posted July 2nd 2015 at 6:12 pm

VANCOUVER - Western Potash Corp. is pleased to announce the completion of a Scoping Study for a Pilot Plant Scale Selective Solution Mining Operation (the "Pilot Study") on the Company's 100% owned Milestone property in southern...

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SPEECH: Experience proves garlands are not distributed for pessimism – by Sam Walsh, chief executive (Melbourne Mining Club – 1 July 2015, London, U.K.)

Posted July 2nd 2015 at 5:49 pm

Sam Walsh is the Chief Executive Officer of London-based Rio Tinto Group, the second largest mining company in the world. **Check against delivery** Ladies and gentlemen it’s great to be with you tonight. I think I am the first Melbourne-born boy to address the Melbourne Mining Club here at the historic Lord’s cricket ground. It’s customary […]

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Tanzania: Alert to End Uranium Mining, Nuclear Weapons – by Deus Ngowi (All – July 2, 2015)

Posted July 2nd 2015 at 5:07 pm Moshi — PEACE and environmental activists from around the world are gathering here in a quest to persuade African governments to slap a ban on uranium mining and nuclear weapons as they are twin threats. Under the K-Project for Peace, the activists, having gone through scientific studies, have formed an opinion that it is […]

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We should face up to history and make sure Canada Day is for all: Editorial (Toronto Star – July 1, 2015)

Posted July 2nd 2015 at 5:02 pm

The Toronto Star has the largest circulation in Canada. The paper has an enormous impact on federal and Ontario politics as well as shaping public opinion. Two years before Canada’s marks a century and a half as a united nation, we need a deep reflection on the place of the country’s First Nations. Canada Day – even […]

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Miners, mugs, Mr Asia – and bat droppings – by Trevor Sykes (Australian Financial Review – July 2, 2015)

Posted July 2nd 2015 at 4:47 pm Pierpont’s favourite drinking companions are geologists. Their first qualification is that they’re always thirsty, having spent their formative years chipping at rocks in the arid outback of Australia, where the nearest pub is usually 100 miles or more away. Their second qualification is that they’re literally a down-to-earth bunch. They are quite skilled scientists, […]

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UNESCO to send group to Wood Buffalo National Park, says First Nations delegate – by Jodie Sinnema (Edmonton Journal – July 1, 2015)

Posted July 2nd 2015 at 4:24 pm Party will look at environment impact of oilsands development UNESCO has agreed to send a monitoring committee to Wood Buffalo National Park to look at cumulative effects of oil, gas and hydro development on the environment, says a northern Alberta First Nation representative. During a convention in Bonn, Germany this week, UNESCO — the […]

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Brace yourselves for more job losses in Alberta’s oil and gas sector, economist says – by David Howell (Edmonton Journal – July 2, 2015)

Posted July 2nd 2015 at 4:23 pm EDMONTON – A torrent of layoffs in Alberta’s energy sector appears to have slowed as 2015 hits the halfway mark but more job losses may be around the corner, an economist warns. “I think we are probably over the hump of the majority of layoffs but I don’t think it’s quite over yet,” Todd […]

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Vale Tumbles With Iron Ore Below $60 as Brazilian Stocks Advance – by Denyse Godoy (Bloomberg News – June 30, 2015)

Posted July 2nd 2015 at 3:17 pm Vale SA, the world’s largest iron-ore miner, sank to a two-month low on concern that global supplies of the steelmaking ingredient are too high. The Ibovespa posted the best first half of any year since 2009. Shares of Vale extended their 2015 plunge to 19 percent as Australia cut its price estimates for the […]

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Rio Tinto chief Sam Walsh tells rivals to stop sledging – by by James Chessell (Australian Financial Review – July 2, 2015)

Posted July 2nd 2015 at 3:12 pm Rio Tinto chief executive Sam Walsh may not have mentioned Fortescue Metals Group or Glencore by name. But the rival mining companies were clearly on his mind as he delivered the speech at the Melbourne Mining Club’s annual gathering in London on Wednesday. Addressing a 560-strong crowd packed into a marquee next to Lord’s […]

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SECURITY: Detour Gold Releases Information About Data Breach

Posted July 2nd 2015 at 1:46 pm

TORONTO - Detour Gold Corporation has been the subject of an illegal breach of its IT systems which has resulted in confidential information, including company and personnel information, being accessed and disclosed by hackers.

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Instead of flipping burgers, student entrepreneurs are creating their own summer jobs

Posted July 2nd 2015 at 12:13 pm

Stilina Anagnostakos, 20, is not waiting to graduate from university to apply the theories she’s learning in her economics classes to the real world.

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Can 3-D-printed robots make it out of the classroom?

Posted July 2nd 2015 at 10:16 am

Founders believe educational tool could hold wider consumer interest

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What brands can learn from the Rolling Stones

Posted July 2nd 2015 at 10:09 am

The Rolling Stones have endured – surviving scandals, substance abuse, line-up changes and legal entanglements – enjoying a longevity unlike any other band in history, and indeed a brand power of which most marketers can only dream

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Mining towns get R18bn facelift – part 2

Posted July 2nd 2015 at 9:25 am

Government embraces partnerships President Zuma released the report of the Judicial Commission of Inquiry, chaired by retired Judge Ian Farlam, into the 2012 tragedy last week. The commission was tasked […]

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Mining towns get R18bn facelift – part 1

Posted July 2nd 2015 at 9:19 am

Government has allocated R18 billion to improve the socio-economic conditions of distressed mining communities across the country. Headed by the Inter-Ministerial Committee (IMC) in charge of revitalising mining communities, the […]

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