AMEC, the international engineering and project management company, has signed a legally binding agreement to purchase the assets and ongoing operations of Philips Engineering. Philips is a 70-person Canadian engineering firm located near Toronto, in Burlington, Ontario. Founded in 1946, the company specialises in engineering services relating to highway and municipal engineering, water resources, structural […]

The future of the world’s most “recession-proof” metal - and that of Australia’s current band of gold miners and explorers - will come under the spotlight during two days of intense industry debate at the 2009 Paydirt Gold Conference in Perth next week. The annual event, at the city’s Sheraton Hotel, is to be opened by […]

National Mining Association (NMA) President and CEO Hal Quinn issued this statement in response to the US Environmental Protection Agency’s (EPA) announcement it has placed a hold on mining permits throughout the multi-state Appalachian region. “Jeopardising coal mining activity throughout Appalachia will put more than 77,000 high-wage mining jobs at risk at a time when our […]

Larox, a filtration solution provider in solid and liquid separation, has established a subsidiary in Russia (OOO Larox). The new subsidiary will benefit Larox’s Russian customer base and permit the company to develop both new filter and aftermarket sales locally. Topi Karppanen, President and CEO of Larox, on the subject of this move, said: “We […]

Magellan Minerals and Chapleau Resources have entered into a binding letter of intent (LOI) regarding their intention to merge to form a combined gold exploration and development company focused on the mineral potential of northern Brazil. Subject to the satisfaction of certain conditions, Magellan will acquire all of the issued and outstanding common shares of […]

Suncor Energy and Petro-Canada (both featured in the Oil Sands article in IM March 2009), oil sands focused mining companies based in Alberta, Canada, have agreed to merge. Upon completion of the transaction, the combined entity will operate corporately and trade under the Suncor name while maintaining the brand presence of Petro-Canada in refined products. “This merger […]