Canada

K+S rejects fresh approach from Potash Corp.

Cecilia Jamasmie | July 21, 2015
K+S rejects fresh approach from Potash Corp.

With the deal, Potash Corp. could regain some of its historic dominance over the fertilizer market, since the two companies combined account for 30% of the global potash production.

Cecilia Jamasmie

The US coal industry just had the worst week in years

Cecilia Jamasmie | July 20, 2015
The US coal industry just had the worse week in years

A wave of bankruptcy is sweeping an industry already hit by competition from inexpensive natural gas, tougher environmental rules and a global coal glut that has decimated prices.

Tommy Humphreys

Netolitzky drills for wealth creation hat-trick in B.C.’s Golden Triangle (SKE.v)

Tommy Humphreys | July 20, 2015
Ron Netolitzky

He found his fortune in northwestern British Columbia.

Michael Allan McCrae

Canada's mine ministers meet in Halifax

Michael Allan McCrae | July 20, 2015
Canada's mine ministers meet in Halifax

Getting through the downturn.

Cecilia Jamasmie

Nexen’s oil sands pipeline leak one of Canada’s largest ever

Cecilia Jamasmie | July 17, 2015
Nexen’s oil sands pipeline leak one of Canada’s largest ever

A day after reporting a significant jump in the number of pipeline failures, the Alberta Energy Regulator is now investigating one of the biggest ruptures in the province in years.

Lucara gets $69 million from first diamond sale, amid tough market conditions

Cecilia Jamasmie | July 17, 2015
Lucara gets $69 million from first diamond sale, amid tough market conditions

The star of the show was a 341.9 carat diamond —unveiled in April —, which sold for $20.55 million

Toronto gold junior shares double on fresh offer

Frik Els | July 16, 2015
Lake Shore Gold offer doubles Temex stock value

Lake Shore Gold trumps earlier offer for Temex Resources and its flagship Whitney project in northeastern Ontario.

The world’s highest grade gold mines

Vladimir Basov | July 16, 2015
World’s highest grade gold mines

Canadian mine takes top honours but Russia and USA dominate the rankings.

Zambia mining industry says new rules to scare investors, deter local processing

Cecilia Jamasmie | July 16, 2015
Zambia mining industry say new rules to scare investors, deter local processing

The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.

Suncor Energy tests use of radio waves instead of water at oil sands

Cecilia Jamasmie | July 14, 2015
Suncor Energy tests use of radio waves instead of water at oil sands

Instead of high-pressure steam, Canada's largest oil and gas producer wants to send radio waves down to heat the bitumen.

True Gold injects $14 million to its Karma gold project in Burkina Faso

Cecilia Jamasmie | July 13, 2015
True Gold injects $14 million to its Karma gold project in Burkina Faso

The Vancouver-based company said it is on track to pour its first gold at the mine in the first quarter of 2016.

Teck Resources delays Frontier oil sands project by five years

Globe and Mail | July 12, 2015

Teck Resources Ltd. is delaying the planned startup of a multibillion-dollar oil sands mine by at least five years, becoming the latest company to push back development as shaky energy markets threaten profits in the high-cost sector.

Scientists, environmentalists call for freeze in deep sea mining permits

Cecilia Jamasmie | July 10, 2015
scientists-call-for-freeze-in-deep-sea-mining-permits - 400

A group of scientists is asking international authorities to temporarily halt the approval of new underwater mining contracts until further environmental controls are put in place.

Commodities rout hits diamond industry, prices down 3.4 pct in first half of 2015

Cecilia Jamasmie | July 10, 2015
Commodities rout hits diamond industry, prices down 3.4 pct in first half of 2015

In the past year, they've lost 9.4% of their value, the recently launched Zimnisky Global Rough Diamond Price Index shows.

Sirius stock collapses after unveiling plan for UK’s largest potash mine

Cecilia Jamasmie | July 10, 2015
Sirius stock collapses after unveiling plan for UK’s largest potash mine

The company also said it expects final decision notices for key approvals by the end of September.

Mount Polley gets greenlight for a 'restricted re-start'

Michael Allan McCrae | July 9, 2015
imperial metals light switch

Production is authorized at half the normal rate.

Here is why K+S investors think deal with Potash Corp. almost cooked

Cecilia Jamasmie | July 9, 2015
Here is why K+S investors think deal with Potash Corp. almost cooked

They argue Potash Corp's main objective is to seize its rival's ambitious Legacy project in southern Saskatchewan and scale it back.

UN Human Rights unit roasts Canada over mining, aboriginal treatment

Cecilia Jamasmie | July 8, 2015
UN Human Rights unit roasts Canada over mining, aboriginal treatment

The human rights committee is currently meeting in Geneva, Switzerland, ahead of finalizing its report and is hearing from Canadian non-government groups, including Amnesty, and from the federal government.

Potash Corp. buying K+S AG far from a sure thing

Financial Post | July 7, 2015

The market may be factoring in a roughly 60% chance that Potash Corp. successfully acquires K+S AG, but one analyst from J.P. Morgan thinks the odds are much lower.

New mining code in Burkina Faso should not affect current operations — Iamgold

Cecilia Jamasmie | July 6, 2015
New mining code in Burkina Faso should not affect current operations — IAMGOLD

The code, which is yet to be formalized into law, respects clauses in existing deals, said the miner.

Oilprice.com

How Canada's emissions cuts could spur Keystone XL pipeline approval

Oilprice.com | July 6, 2015
TransCanada Keystone XL pipeline to cost $8 billion

Ottawa hopes new emissions rules will get the long-delayed Keystone XL pipeline one step closer to US State Department approval.

Geoscience BC day is October 8

geosciencebc | July 5, 2015
geoscience bc

Highlighting a decade of our geoscience contributions to British Columbia.

Kyrgyzstan extends Centerra Gold’s Kumtor mine environment permit

Cecilia Jamasmie | July 3, 2015
Kyrgyzstan extends Centerra Gold’s Kumtor mine environment permit

The extension is for the miner's permits for emissions into the atmosphere and waste disposal into the tailings pond.

The missing diamond shortage

Bloomberg | July 3, 2015
Alrosa sells bank, to focus exclusively on diamond mining

If you’ve ever been to a diamond investment pitch you’ve probably seen ‘The Chart,’ the one where diamond demand soars, while supply trails forlornly in its wake.

Mongolia’s mining sector ready to take off again — Erdene Resource

Cecilia Jamasmie | July 2, 2015
Mongolia’s mining sector ready to take off again — Erdene Resources

The company, which owns a gold project in Mongolia, is optimistic about the country's stance towards foreign mining investment over the coming years.

B.C. government cleared by privacy commissioner on Mount Polley

Business in Vancouver | July 2, 2015
B.C. government cleared by privacy commissioner on Mount Polley

The B.C. government did not fail in its duty to proactively disclose concerns that had been raised over the Mount Polley tailings pond, the province's Information and Privacy Commissioner said Thursday.

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