The gold market dwarves turnover on the Dow Jones and the S&P 500 combined, German and UK government bonds and even some of the top currency pairs.
Canada Mining News
The Hohe See wind park, to be located in the North Sea, has a planned capacity of about 500 megawatts.
Rebuttal comes as shareholders launched an investigation over possible false and misleading statements made by the miner about its Pebble copper-gold project in Alaska.
Shares in Seabridge Gold jumps after Toronto company adds 3m ounces gold and 2.1bn pounds copper resources at its KSM project in northern British Columbia.
Zinc was the second-best performing commodity in 2016, with a staggering 65.7% return.
The company is focusing on assets with the potential to add as much as 1.1 million ounces of gold to its total output beyond 2021.
The firm, North America's No.1 producer of coking coal, benefitted from the price rally — steelmaking coal climbed 155.5% to $207 in the quarter.
Restrictions would remain in place for six months, with some mines and areas possibly excluded.
Shares in the Canadian miner behind the stalled Pebble copper-gold project in Alaska nosedived after a report branded the venture as “worthless.”
Down 4.7% on Tuesday to five-month low as ultra-cheap Mongolian coal gets trucked into market.
Canadian tech startups, entrepreneurs and innovators will have a unique opportunity to create the next generation of technologies for the mining industry at the first Unearthed hackathon in Toronto.
EY’s Canadian Mining Eye index declined 13% in the last quarter last year as weak gold and nickel prices offset copper and zinc gains.
Shares in most gold miners fell Monday as the precious metal price dropped more than 1% in early trading and was steadily heading to its largest single-session loss of the month.
The proposed friendly acquisition will give McEwen access to advanced exploration stage properties located in the heart of Timmins Gold Camp, northern Ontario.
Six student teams from Ontario, Quebec, and the United States are entering the final round of the ”Goodman Gold Challenge” - a new mining investment competition for undergraduate students.
Prices for the radioactive metal have fallen more than 50% since the Fukushima disaster in 2011
The miner says the decision is clearly “abusive” and it evidences “an excess of jurisdiction,” reason why it will appeal the resolution.
Cost per barrel, however, will remain at about $84,000 per flowing barrel of bitumen.
Opponents claim the miner intends to use cyanide, depositing toxic waste in a dam located just 1.5 km from the Xingu River, a tributary of the Amazon.
Minjar Gold is still waiting for Chinese regulatory clearance and hasn’t been able to secure funding for the $1.3 billion deal.
A coal company in west-central Alberta that in 2011 sold for $1-billion is bankrupt, killing hopes that its mine might re-open in the first quarter.
U.S. repeal of mining anti-corruption rules will mean Canadian companies will have much tougher reporting guidelines
The repeal of a U.S. anti-corruption “resource extraction rule,” which passed Congress late last week, leaves Canadian companies with much tougher reporting rules than their American peers, putting the two countries on divergent paths.
BHP Billiton says more help is needed from both governments and industry to promote the adoption of carbon capture and storage (CCS) technology.
The Madhya Pradesh government will take ownership of the assets, including all the land, plant, equipment, and diamond samples recovered during exploration.
Trevali has committed to an approximately Cdn$20-million investment through a new partnership with Sandvik Mining to supply and maintain a full fleet of mining equipment for Caribou Mine operations.