Carbon Friendly Solutions signs MOU with major iron and shell producer in China

Carbon Friendly Solutions Inc. (CNSX: CFQ) announced the company, through its wholly-owned subsidiary Microcoal International Inc. (“MCI”), has signed a Memorandum of Understanding (“MOU”) with Hebei Iron and Steel Group Limited (“HBIS”), a major iron and steel producer in China, setting out the terms for a detailed project design package to be developed for a large scale industrial facility.

MINING.com Editor | March 27, 2012 | 6:46 pm

From energy footnote to oil giant: Infographing the Canadian oil boom

Infographics design firm Visual Capitalist has constructed a very interesting infographic on the Canadian oil boom. Thanks mostly to the northern Alberta oilsands, the amount of crude oil underneath Canadian soil or waters has gushed from a mere 7 billion barrels a decade ago to an astonishing 175 billion barrels. The only countries with more crude oil than Canada are Venezuela and Saudi Arabia.

MINING.com Editor | March 27, 2012 | 6:38 pm

Centerra Gold posts revised 2012 production forecast for Kumtor Mine

Canada-based gold producer Centerra Gold Inc. (TSX:CG) announced today that increased ice movement in the southeast section of the pit will delay scheduled access to the high grade SB zone. Preliminary engineering analysis now indicates production of 390,000 to 410,000 ounces of gold in 2012 at its Kumtor mine, rather than between 575,000 and 625,000 ounces as previously forecast. The revised production profile will continue to be weighted to the fourth quarter.

MINING.com Editor | March 27, 2012 | 1:29 pm

Knight Piésold to open office in Colombia

Knight Piésold Consulting, an international engineering and environmental consulting company, is pleased to announce the appointment of Mr. Andrew Markle as Regional Manager of Knight Piésold Consultores S.A.S., Knight Piésold’s operations in Colombia.

MINING.com Editor | March 26, 2012 | 6:04 pm

GIW Froth Pump prevents airlock shutdowns at Mondo Minerals Talc Plant

GIW Industries, the leader in the design, manufacture and application of heavy-duty, centrifugal slurry pumps, announced that global talc producer Mondo Minerals has installed GIW's High Volume Froth (HVF) pump at its talc processing plant in Outokumpu, Finland. During the pump's first month of operations, the plant was able to stabilize the flotation process and eliminate a safety hazard.

MINING.com Editor | March 26, 2012 | 4:49 pm

Tehran rides to gold’s rescue

"The only thing that's got us up is oil," Frank McGhee, senior precious metals dealer with Integrated Brokerage Services in Chicago told The Wall Street Journal.

MINING.com Editor | March 23, 2012 | 11:27 pm

Open outcry: Four bidders line up for Romania’s state copper mine auction

Romania received four bids for its biggest copper mine, Cupru Min Abrud, and will sell the company in an auction on March 26, the economy ministry said on Friday.

MINING.com Editor | March 23, 2012 | 4:50 pm

Caterpillar introduces 777G off-highway truck

The new Cat® 777G Off-Highway Truck introduces outstanding performance, production and fuel efficiency in the 100-short-ton (91-tonne) size class.

MINING.com Editor | March 23, 2012 | 4:43 pm

Chile’s mining industry hunts for renewable energy

As oil prices continue to rise, and nations around the world look for ways to weather an energy crisis, Chile is turning to one of its own best renewable resources – solar energy – to supply much needed power.

MINING.com Editor | March 23, 2012 | 2:22 pm

CREECO and Dumas Sign Strategic Partnership Agreement

Cree Regional Economic Enterprises Company Inc. (“CREECO Inc.”) and Dumas Contracting Ltd. (“Dumas”) announced today that they have formed an alliance by signing a strategic partnership agreement.

MINING.com Editor | March 22, 2012 | 11:10 pm

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