Investment in mining exploration to plummet, juniors the most affected: report
After three years of booming investment in mining exploration, the industry is set to cut down significantly on it this year.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Canada’s economy in weak position for lacking gold reserves: Sprott
The economist discusses the likely consequences for the Canadian economy.
China ousts the US as the world’s main oil importer
Since the mid-1970s and until today the US held the world’s largest net oil importer position.
Families of miners killed at South Africa’s Marikana to sue police for millions
Each family is requesting around $2 million
Rio to sell majority stake in Canada’s largest iron ore producer
Operation is estimated to fetch about $1.7 billion.
Glencore delays closing of Xstrata merger, faces claims of aiding Iran nuclear program
The world’s largest commodities trader said more details about the pending deal will be revealed on Tuesday. Meanwhile, it faces claims of supplying Iran with key ingredients for the manufacture of tubes used in uranium enrichment centrifuges.
Copper falls to three-month low over weak China industrial data
The commodity was down 2% at 7:50 a.m. E.T on Friday, which means the red metal price has already fallen 4.7% this year.
Fraser Institute ranks Finland and Sweden top mining destinations
Meanwhile try avoiding Indonesia, Vietnam, Venezuela, Democratic Republic of Congo (DRC), Kyrgyzstan, Zimbabwe, Bolivia, Guatemala, Philippines, and Greece, says Canada's leading public policy think-tank.
Rio appoints former BHP executive as new finance director
Christopher Lynch takes over longstanding finance director Guy Elliott.
World’s first underwater nuclear explosion photos disclosed
The exercise, called “Operation Crossroads,” was conducted by the U.S. in 1946.
Ecuador eyes 2026 tender for $3B Llurimagua copper project
Ecuador plans a 2026 tender for Llurimagua as copper M&A accelerates and past JV disputes shape the project’s next phase.
