The Sunrise Phase 1 oil sands project is expected to have initial capacity of 60,000 barrels per day.
News feeds long-standing hopes of a mine reopening and job generation in the impoverished area.
Ontario and Alberta agree the controversial $12bn Energy East pipeline is a “nation-building” exercise and said they'd work together on the issue.
75 participating countries, 200 companies, 200 presenters, 3,000 attendees… and fewer than 15 women invited to speak at Mines and Money London 2014. About time for a change – don’t you think?
The least corrupt country was Denmark.
Miner may try replicate partnership with other of its stalled projects, such as Pascua Lama in South America.
Miner is dropping coal operations to focus on iron ore.
Prices are unlikely to reach cartel-era levels, however.
The nation first cut export tariffs to zero in September 2013 and won't reverse measure next year.
Alexander Molyneux grew up with one foot in Australia and the other in Hong Kong, so he had a front-row seat to the rise of Asia and the demand for energy in a rapidly growing world.
Chief Financial Officer Luciano Siani confirmed Tuesday the company's plans to sell a minority stake in its metals-producing unit.
“With this mining policy we can no longer be ignored or imposed upon"
The country’s congress passed Friday legislation to increase mining royalties from 5% to 10%.
The stock closed in Sydney below the $30 mark, which is the lowest it has traded in the last five years.
Canada is tying foreign aid to overseas mining development. It’s touted as “win-win,” but in Burkina Faso there are already some losers.
Ron Barron has spent 30 years working in the Wabush mine, one of three generations of Barrons who have toiled in the open pits in what western Labrador bills as the iron ore capital of Canada.
There was a depression in North America in 1893, and the Vancouver economy sagged for several years. But it rebounded in 1897, when the city became one of the launching points for the Klondike Gold Rush.
Canada’s oil industry faces a year of “tough slugging,” including the deferment of many projects, as oil prices collapse to as little as US$30 a barrel then likely stabilize around US$70 to US$75 a barrel, oil entrepreneur Murray Edwards predicted Friday.
The mining giant said it was committed to giving significantly more money back to shareholders in 2015 despite a severe drop in iron ore prices.
The sum will be given on the completion of the sale of 15% of its Solwara 1 project to an entity nominated by Papua New Guinea.
The investment will allow for a fourth pipe to be developed at the site, with production expected to start by 2018.
The miner plans underground operations at North Mara and inked a deal that could see it acquire up to 70%of a project in Burkina Faso.
Founding managing director Mike Young among the ones leaving the company.
Locals were protesting the imminent construction of Platreef platinum mine.
France is the world's fifth-largest holder of gold, only behind the U.S. Germany, the IMF and Italy.
The company has entered the Environmental Assessment Review process for its Aley Mine project with the British Columbia Environmental Assessment Office (BCEAO).
Get Mining News and Alerts
sent to your inbox daily