But British Columbia is expected to become the fastest growing economy by 2015.
The miner would need to lay off about 30,000 employees and dozens of contractors if it is not allowed to ship concentrates from the Indonesia.
Deutsche, Europe's number two bank, has joined the US exodus and is getting out commodities trading, although it is keeping precious metals in its portfolio.
China’s yuan has overtaken the euro to become the second-most used currency in trade finance.
With record ore and metal stockpiling in anticipation of supply disruptions, if Indonesia's January 1 ban proves a damp squib, nickel prices could tumble again.
Positive coverage of its copper-nickel-precious metal project sees PolyMet surging 17% on Tuesday bringing its gains since Friday to 43%.
Investors eager to get the new industry off the ground willing to finance projects that can secure the availability of the key element.
The fundamentals tell Stefan Ioannou, mining analyst with Haywood Securities, that the outlook is good for copper and zinc in the midterm, while for nickel, stronger-for-longer is the watchword.
Located 500 kilometres northeast of Thunder Bay, the Ring of Fire contains billions worth of chromite — among the best deposits in the world — plus nickel, copper, platinum group elements, gold, zinc and vanadium metals.
Coin has become a "global phenomenon" since it was released in March last year.
First time a mine has been charged in Manitoba in connection to the death of a worker.
Commodities are and always will be a cyclical market, asserts Chris Berry of House Mountain Partners. That's why he's not sweating disappointing stock performance and flat pricing environments.
Both mines will remain closed until security probes are complete.
The scientists have been working at the one-of-a-kind laboratory located at the bottom of what was once North America's deepest gold mine.
Nickel price up 5% in October as Indonesia stays firm on 2014 unprocessed mineral and metal export ban.
Wood Mackenzie also predicts the global base metals market will grow from 96Mt in 2013 to 122 Mt by the end of 2018.
First set of key findings to be released next week.
Which metals and rare earth companies are set to strike in this volatile market?
Less state involvement, possible lifting of ban on ore exports and smoother licensing process envisaged for South Asian nation.
Roots of the expected tie-up go back to 2006.
Punters not sure what to make of North American Nickel's latest find in Greenland kick it 17% higher only to let it fall deep into the red.
"People don't have anywhere to live, and they also are getting cancer from the mining operation."
Initial production from the Eagle Mine is expected to commence in Q4 2014.
World's largest nickel and palladium producer will get rid of projects in Finland, Australia, Botswana and South Africa.
Measured and indicated pit constrained mineral resources now stand at 5.1 million ounces of gold, up almost 10% from a previous estimate.
It may be too early for private equity players to gobble up juniors or put together mega-deals, but mid-tier miners may have new investors knocking on their doors.
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