World Business News

Northgate adds Mexican gold-silver play to new circa $1.2 billion company through Primero acquisition

TABJ - July 14 - In the latest of a recent spate of mergers and acquisitions within the mining sector, Northgate Minerals Corp., the gold-copper player from Vancouver, will acquire Primero Mining Corp. for $370 million. It’s an advantageous move for Northgate; the all-stock ...
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Australian Renewable Energy Agency arrives

TABJ - July 13 - A spend of A$3.2 billion later, and Australia’s Federal government has set up the Australian Renewable Energy Agency (ARENA); the organisation set to bring together a range of different initiatives previously ran by all manner of other bodies. “This ...
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Fayette County protestors hit DEP to fight permits for strip mining in the locality

TABJ - July 13 - Around 50 people gathered at the Department of Environmental Protection (DEP) in Charleston, West Virginia, to pit themselves against plans put forward by Frasure Creek Mining to carry out strip mining in the picturesque New River Gorge region, Fayette County. ...
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IWC meet defines fears for rare whales in offshore Russian island oil exploration area

TABJ - July 12 - A meeting of the 63rd International Whaling Commission, Jersey, has turned up fears that some oil and gas exploration may threaten the lives of Western grey whales dwelling offshore of Russia’s Sakhalin Island. With possibly less than 130 ...
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Pike River Inquiry: Elder says Queensland example and standardisation are the answer

TABJ - July 12 - The inquiry into the Pike River coal mine methane explosion in New Zealand, which killed 29 people last November, continues to take shape, and onlookers are asking whether the region ought to follow Queensland’s lead and impose similar regulation on ...
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Could AUS carbon tax incite coal industry armageddon? Push and pull continues

TABJ - July 12 - The debate around the Australian government’s proposed carbon tax raged on, Tuesday, as PM Julia Gillard began the media humdrum to garner support for the plans, set to deliver a blow of $18 billion in payments over a nine-year period ...
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Is Britain undergoing a backlash against wind farm generation? NIMBY outbreaks are rife

TABJ - July 11 - British press reporting on wind farm proposals and developments, regrettably, often appears to go hand-in-hand with a word from NIMBY’s. Latest reports have done so with particular vigour, after new findings from the U.K. Freedom of Information Act (FoI),obtained by ...
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Is Brazilian ethanol space the next big draw? US Senate moves push opinion

TABJ - July 11 - Talk about Brazil’s burgeoning biofuels industry has been going on for some time now, and new changes in U.S. ethanol legislation may be poised to act as game-changing factors in this, an already highly-anticipated future alternative energy landscape. Last ...
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AUS carbon tax lands with a thud on mining, jobs and local industry

TABJ - July 11 - Latest news announced during the weekend regarding Australia’s proposed carbon tax and its impact on the mining sector has dominated Monday’s headlines, including talk of more offshore developments, jobs that may be lost and regional economies rocked. When the ...
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India’s new draft could spell a clear run up for future miners

TABJ - July 8 - India’s heavily regulated mining industry can be tricky; an assault course lined with red tape, long bouts of waiting for the approvals process to drag through and all manner of requirements to navigate—but not for much longer if a newly ...
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