Canada

Centerra a step closer to moving gold project in Mongolia forward

Cecilia Jamasmie | January 23, 2015
Centerra a step closer to moving gold project in Mongolia forward

The country’s parliament has designated its Gatsuurt Project as strategically important, paving the way for Centerra's application for the necessary approvals.

Goldcorp strikes $440 million deal for Probe Mines

Cecilia Jamasmie | January 19, 2015
Goldcorp strikes $440 million deal for Probe Mines

The move will see the miner taking control of the Borden Gold project in northern Ontario.

Vancouver Investment Conference celebrates 20 years

Michael Allan McCrae | January 19, 2015
jay martin cambridge house president 20 year anniversary

The first conference was named the "Diamond Investment Conference."

Former Barrick Gold chief the new owner of Iamgold’s Niobec mine in Quebec

Cecilia Jamasmie | January 16, 2015
Former Barrick Gold chief the new owner of Iamgold’s Niobec mine in Quebec

This is Aaron Regent’s first acquisition since founding Toronto-based Magris Resources.

Cameco’s Cigar Lake to produce 6-8 million pounds in 2015

Cecilia Jamasmie | January 16, 2015
Cameco’s Cigar Lake to produce 6-8 million pounds in 2015

The Canadian company, the world's third-biggest uranium miner, expects the mine to reach full production of 18 million pounds per year in 2018.

Allana Partner ICL launches "Potash for Growth" program in Ethiopia

Marketwired | January 15, 2015
Flag and map of Ethiopia

Initiative intends to unlock the potential of agriculture in Ethiopia by promoting balanced fertilization among local farmers.

These are the top 10 global mining trends for 2015

Cecilia Jamasmie | January 15, 2015
These are the top 10 global mining trends for 2015

Price volatility, geopolitical turmoil, rising costs, declining grades and a general lack of financing will make of 2015 another challenging year for the sector.

Oil sands swaps show producers rewarded for cuts: Canada Credit

Bloomberg | January 14, 2015

A wave of cost-cutting in Canada’s oil patch is prompting bond investors to pick which companies will best withstand the collapse in crude prices.

Freeport, Glencore lead stocks bloodbath driven by copper collapse

Cecilia Jamasmie | January 14, 2015
Freeport, Glencore lead stocks bloodbath driven by copper collapse

Copper tumbled Wednesday to fresh six-year lows, dipping below $5,500 a tonne. Stocks in miners of the industrial metal are getting hammered.

Few Canadian oil and gas companies can sustain business long-term at current oil prices

Business in Vancouver | January 13, 2015

Fewer than one in five oil and gas companies would be able to sustain their businesses over the long term if the price stays under US$50 per barrel, said CanOils

Oil price debacle likely to drive Alberta into recession: report

Cecilia Jamasmie | January 13, 2015
Oil price debacle likely to drive Alberta into recession: report

According to the Conference Board of Canada, the province faces more than just a slowdown.

Innovative tech could improve hunt for gold; Nexus Gold deploys new technology at Walker Ridge

Nexus Gold Corp. | January 13, 2015

A recent innovation in geosurvey methods could help slash costs and risks for mineral exploration projects.

Travis McPherson - CEO.ca

Roxgold is set to make over US$70 million next year

Travis McPherson - CEO.ca | January 13, 2015
drilling exploring mining

This morning, I spoke with John Dorward, President and CEO of Roxgold who was in Burkina Faso last week meeting with the newly appointed Minister of Mines and getting his new General Manager, veteran underground mining engineer Iain Cox, accustomed to his new digs.

Massive Canadian Donkin coal project now property of U.S. miner

Cecilia Jamasmie | January 13, 2015
Massive Canadian Donkin coal project now property of U.S. miner

The project is sitting on one of the largest undeveloped coal deposits in North America,

First Majestic Silver logs record production in last quarter of 2014

Cecilia Jamasmie | January 13, 2015
First Majestic Silver logs record production in last quarter of 2014

It produced over 4 million silver equiv. oz. in Q4, hitting an annual record of 15.25 million silver equiv. oz. for the year.

Ivanhoe Mines excoriates Globe and Mail over Platreef report

Cecilia Jamasmie | January 12, 2015
Ivanhoe Mines backlashes report on its Platreef platinum mine

Article implies that the company engaged in illicit practices to obtain the necessary permits for its Platreef mine in South Africa.

The days of $100 oil are gone: Saudi prince

Michael Allan McCrae | January 12, 2015
goobye to $100 oil

"There's less demand, and there's oversupply. And both are recipes for a crash in oil. And that's what happened. It's a no-brainer."

One man convinced the oil majors to give Nova Scotia another look and now they are spending $2B

Michael Allan McCrae | January 12, 2015
sandy mcmullin

Discovering what the oil majors had missed.

Canadian Natural Resources slashes spending, defers oil sands project

Cecilia Jamasmie | January 12, 2015
Canadian Natural Resources slashes spending, defers oil sands project

The firm is deferring the first phase of the 40,000-barrel-per-day project Kirby oil sands project in northern Alberta, originally targeted for the fourth quarter of 2016.

Fission Uranium stock skyrockets after doubling up resource estimate

Cecilia Jamasmie | January 12, 2015
Fission Uranium stock skyrocket after doubling up resource estimate

Analysts were expecting 50-80 million pounds, but instead learned the uranium project holds over 105 million pounds in the indicated and inferred categories.

Yamana Gold raising Can$260 million

Michael Allan McCrae | January 12, 2015
gold fire mining

Proceeds will be used for debt reduction and "general corporate purposes."

Tommy Humphreys

Fission Uranium hits a home run with maiden resource estimate: 105 million pounds out of the gate

Tommy Humphreys | January 11, 2015
Yellowcake

The street was expecting 50-80 million pounds.

Shell cuts up to 300 jobs at oilsands mine facility

Calgary Herald | January 11, 2015

Shell Canada told employees last week it will cut up to 10 per cent of 3,000 jobs at the Athabasca Oil Sands Project mining operations it manages north of Fort McMurray in an effort to improve efficiency.

Proposed B.C. coal mine to rely mostly on foreign workers, cost almost double

Cecilia Jamasmie | January 9, 2015
Proposed B.C. coal mine to rely mostly on foreign workers, cost almost double

More than half the employees at Murray River coal mine be temporary foreign workers in 2018.

Nebraska court approves Keystone XL pipeline route

Cecilia Jamasmie | January 9, 2015
Nebraska court approves Keystone XL pipeline route

Judges rule against landowners challenging Keystone XL's route through the state. It could speed Obama’s decision that’s been on hold.

Canadian court hands victory to First Nations in lawsuit against Rio Tinto

Cecilia Jamasmie | January 8, 2015
Canadian court hands victory to First Nations in lawsuit against Rio Tinto

Quebec's highest court has refused to hear an appeal of a last year judgment that rejected a motion to dismiss the millionaire lawsuit against the miner's Iron Ore Co. of Canada (IOC).

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