Soros Fund, which took a $263.7 million stake in Barrick Gold Corp. in the first quarter, cut its holdings in the world’s biggest producer of the metal by 94% in the ensuing three months.
Canada Mining News
Banks Island Gold along with its CEO and chief geologist, are facing charges for allegedly 200 kg of waste material in the streams around the Yellow Giant gold mine, near Prince Rupert, B.C.
A wave of overbuilding and production increases in recent years — spurred by a spike in crop prices and a perceived demand that didn't quite materialize — have left the market flooded with supply.
Every junior commodity market has its share of pretenders to go along with the contenders as prices and demand move up.
B2Gold’s stock has gained almost 229% so far this year.
Study shows that, in the long run, a doubling of fertilizer prices leads to a 44% increase in food prices.
US Securities and Exchange Commission asked to investigate Tahoe Resources’ failure to disclose secret lawsuits
Groups is asking the SEC to determine whether Tahoe failed to meet legal requirements for disclosing human rights abuses and lawsuits related to its Escobal mine in Guatemala.
Experts blame increased number of mergers and acquisitions, but there’s more to it, study shows.
Shares in the Canadian company were up more than 3.6% Thursday morning on the news.
Rockhaven Resources Ltd. (TSX-V:RK) ("Rockhaven") is pleased to announce the first results from its 2016 exploration program at the 100% owned Klaza gold-silver property, located in the Dawson Range Gold Belt of southern Yukon.
The Porter Idaho Project has two known silver-bearing vein systems approximately 2,000 metres apart on opposite sides of Mt. Rainey with a surface portion of the intervening terrain masked by the icefield capping Mt. Rainey.
The deal covers the Jesse Creek porphyry copper property, located north of Merritt, BC and is subject to a 2% net smelter return royalty reserved by the property owners.
Stock rose 7.3% on Wednesday after the company announced Q2 results that beat expectations.
The Mexico-focused miner has benefitted from an ongoing silver rally and even more so than many of its peers, as it chose not to diversify into other metals.
Recommendations regarding better site investigation procedures, and stricter adherence to tailings management procedures are obvious steps in the right direction.
U.S. Steel Canada —formerly known as Stelco — has been operating under bankruptcy protection since 2014.
According to the Zimnisky Global Rough Diamond Price Index, rough diamond prices have climbed 8.9% in the last 3 months.
The news comes two weeks after Taseko revealed it was considering restarting the molybdenum circuit at Gibraltar mine, which has been idled since the third quarter of 2015 due to low metal prices.
Earlier this week, De Beers and Mountain Province Diamonds announced the Gahcho Kué processing plant has been commissioned and is producing first diamonds from the Canadian mine—the largest new mine currently under development in the world.
This first-of-its-kind helium purification facility uses a hybrid process of Membrane and PSA (Pressure Swing Adsorption) technology and promises to revitalize the Canadian helium resource industry.
The Phase II exploration program includes detailed soil sampling, detailed structural mapping, geophysical work, road construction, trenching, installation of a bridge, exploration drilling and bulk sampling.
Imperial, Canada’s No.2 integrated oil producer and refiner, posted a surprise $181-million loss in its second quarter.
Deal comes at a time of improved steel demand from China and mimics an effort by the UK government to rescue Tata Steel's Port Talbot operations to save jobs.
The largest crude oil producer in Canada announced net losses of C$735 million after Alberta wildfires near Fort McMurray forced its oils sands operations to be temporarily suspended back in May.
Systematic cost cutting has taken some strain off Teck's balance sheet over the last few years as metal prices have slumped.