Canadian oil producer Athabasca Oil Sands Corp. (TSX: ATH) has exercised its option to sell its remaining 40 per cent interest in the MacKay River oil sands project to Cretaceous, a unit of Chinese oil giant PetroChina for about C$680 million.
Chile's state copper company Codelco, the world's top producer, announced today that it has used its rights to exercise its disputed option to buy a 49 percent stake in global miner Anglo American's southern Chilean properties.
Canadian locomotive maker Electro-Motive, owned by Caterpillar Inc., began the New Year by shutting out hundreds of workers at its plant in London, Ontario.
Canadian Silvercorp Metals (TSX: SVM-News)(NYSE: SVM-News), China’s biggest silver miner that was accused this year of accounting and production fraud in anonymous letters to authorities, has retained independent consultants to confirm resource estimates at four of its properties.
Australian Laguna Resources (ASX: LRC) has submitted an environmental impact study (EIS) to Chile’s Environment Ministry's evaluation service for its US$300 million Arqueros gold-silver project in the north of the country.
When Singapore-based OGL Resources Limited (ASX:OGL) announced its plans to reopen the Ebenezer Coal Mine west of Brisbane next year, little did it know that koala lovers would take them to the Supreme Court.
Canadian NEMI Northern Energy and Mining will spend a total of about $52.6 million to buy back most of its outstanding shares and debt securities from investors.
Formerly called “The Disputed One,” Anglo American’s Los Bronces mine located northeast of Santiago, Chile, is living up to its name. The operation, which is expected to become the world's fifth-biggest copper mine, is at the heart of the ongoing legal dispute between the London-based global miner and Chile’s Codelco, the world’s largest copper producer.
