Cecilia Jamasmie , Senior Editor

Most Gold Fields miners back to work, but KDC East strikers face final ultimatum

Almost all the 15,000 Gold Fields Ltd. (NYSE, JSE:GFI) miners at risk of being fired for going on an illegal strike reported for duty, but striking workers at the company’s KDC East operations received a final ultimatum from the company Friday.

Cecilia Jamasmie | October 19, 2012 | 3:09 pm

TransCanada shuts Keystone due to anomaly

Oil was trading higher Friday morning driven, in part, by TransCanada Corp's (TSX, NYSE:TRP) announcement yesterday that it was temporarily shutting down its existing Keystone pipeline after tests showed possible safety issues.

Cecilia Jamasmie | October 19, 2012 | 2:35 pm

DiamondCorp raising $1.6 million for Lace mine revamp

African exploration and development firm DiamondCorp PLC (LON:DCP) was full of good news on Friday, as it revealed it is raising $1.6 million from a share placing to help fund the expansion of its Lace mine in South Africa.

Cecilia Jamasmie | October 19, 2012 | 2:05 pm

Harry Winston confirms potential buyers’ interest in its luxury division

Canadian Harry Winston Diamond Corp. (TSX:HW, NYSE:HWD) has confirmed it has received "various indications of interest" about the potential purchase of its luxury retail business.

Cecilia Jamasmie | October 19, 2012 | 10:34 am

ArcelorMittal mulls sale of $10 billion Canadian iron ore business

ArcelorMittal, the world's largest steel producer, is considering to sale a stake in its $10 billion Canadian iron ore business, in an attempt to weather the slump in its key commodity, reports FT.

Cecilia Jamasmie | October 18, 2012 | 7:19 pm

Endeavour Mining closes $389 million Avion Gold acquisition

Vancouver-based Endeavour Mining (TSX:EDV, ASX:EVR) has closed the full acquisition of Toronto-based Avion Gold Corp. (TSX:AVR), in a deal originally valued at $389 million.

Cecilia Jamasmie | October 18, 2012 | 5:13 pm

Chinese coal firms in Canada favour foreign labour – report

The Chinese coal stage.mining.companies that are staring business in B.C., Canada, have been accused of favouring Chinese applicants to fill available positions, as they have posted ads looking for workers who speak Mandarin, not a language spoken by most Canadians.

Cecilia Jamasmie | October 18, 2012 | 3:20 pm

World Gold Council releases conflict-free standard

The World Gold Council (WGC) published Thursday the anticipated conflict-free standard, which aims to restrict production of the yellow precious metal in places where it already fuels or may trigger conflicts and human rights violations.

Cecilia Jamasmie | October 18, 2012 | 2:19 pm

Firestone opens new tender facility at Belgium’s Antwerp World Diamond Centre

Firestone Diamonds (LON:FDI) announced Thursday that it has partnered up with First Element Diamond Services and opened a new tender facility at the Antwerp World Diamond Centre, in Belgium.

Cecilia Jamasmie | October 18, 2012 | 1:27 pm

Diavik Diamond Mines is one of Canada’s top 100 employers

Diavik Diamond Mines Inc., operator of the Diavik open pit mine in Canada's Northwest Territories, has been chosen as one of the country’s Top 100 employers for the second consecutive year.

Cecilia Jamasmie | October 18, 2012 | 12:38 pm

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