No recession for Alberta, just ‘zero growth’ as oil price nosedives
According to TD's latest report, real GDP growth in Alberta will inch forward by only 0.5% this year before speeding up to 1.8% in 2016.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Zambia’s new leader to keep polemic mining tax
Newly elected President Edgar Lungu wants to keep mining royalties at 20%, as opposed to the 6% companies were paying a month ago.
Undisclosed number of diamonds stolen from South African mine
Sixteen men, who failed to access a safe, broke into a room used for sorting diamonds near Prieska Monday morning.
Cliffs Natural removes quarterly dividend to repay debt
It also said it has reduced its net debt balance by more than $400 million.
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.
Anglo American mulls sale of more coal mines in Australia
The operations that may be added to the list of assets for sale are Dawson and Foxleigh, in Queensland.
Anglo hit by platinum, iron ore units lower earnings outlooks
The miner shed over 3.7% after two of its business divisions — Amplats and Kumba — warned they expected full-year earnings to shrink more than previously flagged.
Baja Mining’s long-delayed and almost dead El Boleo finally reaches production
Red metal output at the mine, over 18 months behind schedule and $750 million over budget, is expected to ramp-up by July.
Turkey’s gold imports down, but bullion still ‘key’ to the local economy — WGC
Despite the rosy picture painted by the industry body, official figures show that Turkey bullion imports more than halved last year.
Peruvian rare earth discovery richer than initially thought
Geology consultants leading the project found the rare earth claim has the highest range of rare earth metals in Peru.
First Quantum credit outlook improves on Cobre Panama progress
S&P has revised the miner’s rating to positive from negative on improved liquidity and a likely 2026 restart of its key copper mine.
