A 272.9% increase since 2014 has driven the median M&A deal value to its highest level in six years.
Starting mid-February, Bryan Cox will serve as president and CEO.
Gratton was the latest executive to tell Greater Vancouver Board of Trade members that Canada’s competitiveness on the world stage is slipping.
Michael McPhie, former CEO of the Mining Association of British Columbia, intends to clear his company’s name after it was implicated in share distribution scandal.
The complaints come six days ahead of a special shareholders meeting on January 8.
BC risks a contraction of the mining sector of the economy by not taking concrete, immediate action while competitors advance initiatives of their own.
Integrated mining development company rolls investment dice on its first major B.C. project.
The province’s businesses grapple with the challenge of rising costs, threats to natural resources and changes in consumer spending patterns.
Vancouver-based company Electra Meccanica has pre-orders worth $2.4 billion.
An end to an eight-week long strike at the Mount Polley copper mine may be in sight, following a tentative agreement reached between the union and Imperial Metals (TSX:III).
Exploration spending increased 20% across the Canadian province in 2017, reaching $246 million, compared with $205 million in 2016.
Gordon MacMillan filed a notice of civil claim, claiming “harassment and bullying permeated all levels of the defendant’s organizational structure.”
After an 11% increase in 2017’s first quarter, the Canadian Mining Eye index dropped 7% in the second quarter, according to professional services firm EY.
It has no executive director, president or staff. It has no address or letterhead. No one has a CRIN business card. You won’t find it with a Google search.
The mining industry still received 29% of the Canadian province’s top-grossing corporate financing deals.
Now that commodities are climbing out of a five-year-long trough, investors that shunned the junior mining sector are looking to get back in on the game.
Flux in gas demand, delay in Petronas decision among clouds on B.C. northeast’s horizon.
Move will give the Vancouver miner 80% ownership of Zafranal Peru copper mine project
Interest is spurred by the rebound in coal price, and by knowledge that steel mills in Asia are looking to diversify their coal import portfolios.
The deal involved US$150,000 in cash as a one-time advance royalty payment and US$850,000 in Gold Resource restricted common stock.
Kaminak became a prime takeover target in January after it announced a feasibility study on its high-grade Coffee gold project in the Yukon.
Alloycorp Mining Inc. (TSX-V: AVT), a junior miner that has been working on the reboot of a molybdenum mine in Kitsault, is going dark.
This year marks the fifth year B.C. mining has struggled through low commodity prices, and both capital spending and revenues continue to decline, according to a PwC report on the industry.
This reduction according to the Canadian Association of Petroleum Producers, is the largest two-year decline since the start of tracking this data in 1947.
While commodity prices fell 0.3% in February and 25% year-over-year, the second half of the month saw the beginning of a price rally that is expected to continue throughout 2016, according to Scotiabank’s commodity price index released March 29.