Diamond mines attract crime Canada Dot Com | OTTAWA -- The diamond industry in Canada's Far North is vulnerable to smugglers looking to import "blood diamonds" or launder the proceeds of organized crime syndicates and terrorist organizations, newly released federal documents say. | A boom in diamond mining during the last decade has rapidly ...
High gas prices close most of India's tile-making units The Times of India | AHMEDABAD: The tile industry in Gujarat's Morbi town, which accounts for about 70 per cent of all tiles made in India, is on the verge of collapse due to high fuel prices. About 80 per cent of the 200-odd manufacturers have already downe...
Hurricane Ike powers toward Cuba, Gulf TVNZ Sep 8, 2008 6:40 AM | Dangerous Hurricane Ike roared toward Cuba with 215 kph winds on Sunday and was expected to sweep into the Gulf of Mexico where it could threaten the US oilpatch and possibly New Orleans. | Cuban authorities scrambled to evacuat...
Junior miners may be prey for the majors The Australian | JUNIOR players in the resources sector are fighting to make a splash, with the fairytale success stories now few and far between. | And it is set to worsen, with the ongoing global credit crunch allowing the major players to prey on those strugglin...
Barnett flags big changes to resources industry The Australian | COLIN Barnett is determined to make big changes to the management of the Western Australian resources industry if he becomes premier. | The Liberal leader argues the state must take advantage of what he regards as the third great opportunity of the...
UPDATE 1-Saudi Ittefaq Steel eyes Q4 IPO, expansion The Guardian * Al-Ittefaq aims to sell 30 percent stake in IPO in Q4 * Still to decide on whether to go for capital increase * Looking at iron ore mining * CFO says steel prices to fall by up to 15% from peak (Adds details) By Souhail Karam RIYADH, Sept 7 (Reuter...
20 miners trapped in flooded coal pit in China Gulf News | Beijing: Twenty miners were trapped in a coal pit in China due to flood waters, state media said on Sunday. | The flooded mine was in Yuzhou in the central Henan province, Xinhua news agency said, without giving further details. | This is the lates...
Flood in China coal mine traps 23 people The Charlotte Observer | BEIJING Twenty-three people were trapped in a flooded coal mine in central China, authorities said Sunday. | The flood swamped the mine in Yuzhou city of Henan province early Sunday morning, trapping 23 people, the State Administration of Coal Mine...
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Chinese report says 24 killed in mine accident San Diego BEIJING - A gas explosion inside a mine in northeast China on Thursday killed 24 people and injured six, local authorities and state media said. Three others were trapped inside. |...
Electricity system among the worst polluters in the world Sydney Morning Herald | DESPITE having one of the world's most advanced economies, Australia has an electricity system that is one of the worst greenhouse-gas polluters. The performance of only a handfu...
CSIRO discovers its new chief at BHP The Australian | AUSTRALIA'S flagship science agency, the CSIRO, has headhunted its new chief executive for the next five years from the world's biggest mining company. | Megan Clark, a BHP Billi...
Minerals lobby wants fair hearing from Govt NZ Herald | A new lobby group representing mining and mineral companies says the sector is not getting a fair go in dealing with the Government. | The group named Straterra, which was launch...
New mines lag as coal booms Pittsburgh Tribune Review | This is not your father's coal boom. | Record high coal prices suggest, and industry analysts and executives confirm, that demand for Appalachian coal is at an all-time high. | Yet that demand hasn't produced companies, jobs and new mines that a 19...
Miners may face mandatory drug testing Knox News | FRANKFORT. Ky. - Hourly workers in one of the nation's most hazardous occupations, underground mining, would face mandatory drug testing under a proposal that's been in the works for more than two years. | The move by the U.S. Mine Safety and Healt...
Frank Timis faces court over African mines The Times | FRANK TIMIS is no stranger to controversy. Only three years ago he sparked City outrage over the near-collapse of Regal Petroleum. Now the Romanian, who has a number of drug offences behind him, is on the cusp of a legal battle in Sierra Leone over...
Insurer sale hope for Old Mutual The Times | OLD MUTUAL is poised to reopen negotiations with a tribal group over a sale of its £350m general insurance business in South Africa. | The London-listed life assurance and asset management group has appointed NM Rothschild to auction its 75% stake ...