The Mineral Information Institute, an affiliate of the SME Foundation, has developed a new tool for K-12 teachers: Mining 101. This dynamic program is now posted online and available for educators as a free download. It includes a comprehensive PowerPoint slide show and and an accompanying teachers’ guide. Designed for all grade levels, the...
Molycorp Inc. — the major western player in rare earths — broke into the black in the second quarter because of both higher prices and considerably more production of rare-earth oxides (REOs) from its California mine. The Greenwood Village, Colo.-based firm reported after the market closed yesterday that sales from its Mountain Pass mine, hard...
Suncor Energy Inc. and Petro-Canada, both major players in oil sands mining and refining, said today they have agreed to merge. The combined company, with about $C63 billion in combined assets, will operate as Suncor, but will maintain the Petro-Canada name is refined products. “This merger creates a made-in-Canada energy leader with the assets,...
Quadra Mining Ltd. and Centenario Copper Corp. said today they have received a committment letter for $37.5 million from West LB in connection with a syndicated $50 million project loan facility to finance the development of Centenario’s Franke mine in Chile. Quadra is acquiring Centenario to get the Franke SX/EW project and get it...
