Buyers line up for JPMorgan’s $3.3bn commodity unit
The bank is willing to sell the business to one customer or break it down into various divisions.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Cliffs appeals Ring of Fire road decision
In a Sept. 10 ruling the miner was told it cannot build a road to its US$3.3-billion chromite project through a Canadian junior's mining claims.
Chile’s proposed glaciers protection law worries miners, investors
Definition of glacier is the main bone of contention, as a wide interpretation could mean the halt of local and foreign mining activities.
China displaces the US as world’s main oil importer
Americans currently import close to 10 million barrels of crude per day and Canadian oil accounts for 30% of that total.
Major shake-up at Newcrest: CEO and chairman out
The gold miner has been under shareholder pressure to make changes following its biggest annual loss in history.
Diamond-bearing pebble proves comet collided with Earth 28 million years ago
The finding is the first definitive proof of a comet exploding in the Earth's atmosphere.
Canada must have a ‘Plan B’ in case Obama rejects Keystone: report
Possible scenarios include lawsuits, trade retaliation or simply waiting for a new administration, while maintaining diplomacy and keeping up pressure.
Only five of these 18-carat gold Android phones will hit the market
No wonder. Each costs about $4,430.
Canada’s Prime Minister ‘very concerned’ about claims of espionage in Brazil
But he refused to comment on the potential impacts of the report.
Gold industry injected $210bn into global economy last year
The paramount figure is roughly equivalent to the GDP of Ireland, the Czech Republic or Beijing.
Sandvik to build $37M mining service hub in Canada
Facility consolidates cutting, parts and aftermarket services to support potash, uranium and hard-rock mining by late 2026.
