More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.
Canada Mining News
A waterproof camera is expected to reach Monday the area where the miners are believed to have been working and where the shelter is located.
A high-grade copper-zinc volcanogenic massive sulphide (VMS) project in British Columbia will now be developed by Desert Star Resources (TSXV:DSR).
A plan by Pele Mountain Resources (TSXV:GEM) to mine uranium in northern Ontario while at the same time processing rare earths has fizzled.
Bill Bennett, British Columbia's former Minister of Mines and Energy, has quit politics and joined Eagle Plains Resources (TSXV:EPL) as a director.
The wealth of mining companies and their highly-paid executives has always made them a perfect target for thieves.
TIC Potash Corp. is pleased to announce a non-brokered offering of up to 20,000,000 units of the Company at a price of $0.05 per Unit for aggregate gross proceeds of up to $1,000,000.
It’s unknown whether the two workers are alive, as authorities have been unable to make contact with them.
The placing is at a 15% premium to SolGold's closing price on Thursday and at a 12% discount to its peak share price of 46.75p on May 26.
While the measure allows the company to resume full operations, Barrick said it plans to gradually restart them.
The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser
A court in the District of Columbia is allowing Canadian Crystallex the possibility of advancing in a legal dispute against Venezuela
Northern College was pleased to celebrate with students who graduated from the Underground Hard Rock Miner Common Core program today at the Royal Canadian Legion in Wawa.
Two miners have been trapped for six days at the Delia mine, part of Canadian Mandalay Resources' Cerro Bayo complex
The unpredictability of today’s oil market is leaving some investors burned by unexpected price gyrations.
Agreement is part of plan to double investment in the sector to $25bn in eight years.
Barrick confirmed chairman John Thornton met President John Magufuli for talks Wednesday, but didn't mention the details of what, if anything, had been agreed.
Miners at the closed-down Wabush Mines in Labrador could be back on the job thanks to the recent signing of a collective agreement with the union.
Canada will need more pipelines built through to 2030 to transport an additional 1.3 million barrels per day of oil sands production to markets across North America and around the world, according to the Canadian Association of Petroleum Producers.
Trump’s measures to revitalize the mining industry are steps on the right direction, and they will benefit not just the US, but also Canada, said Max Porterfield.
Government accused the gold miner of operating illegally in the country and said it has been evading taxes.
The mine, which began operations last month, is expected to produce 600,000 to 700,000 tonnes of potash this year and 2 million tonnes per year once at full capacity.
Taseko Mines (TSX:TKO), the company behind a large copper-gold project in north-central British Columbia, was back in court last week to appeal a 2016 decision that went against it.
Operations at the silver-gold mine have been suspended until further notice.
Energy minister George Stathakis said the move aims to ensure the company respects its contractual obligations.