March 8, 2016

Teck CEO shoots down speculation about Fort Hills oil sands stake

Ceo Don Lindsay said the expenses being incurred on the project act as a tax shelter for the cash flow currently being generated by Teck’s coal and copper mines.

March 8, 2016

EY: Distress and divestments to dominate mining deals in 2016

EY notes that after the fifth consecutive year of declining deal volume and values, increasing levels of financial distress will trigger more divestments, spin-offs, joint ventures and possibly hostile takeover…

March 7, 2016

Celebrating 125 years of the Ontario geological survery

The Ontario Geological Survey is celebrating 125 years of documenting the geology of Ontario and providing modern, independent and credible geoscience data and knowledge to the public.

March 7, 2016

BC mineral explorers highlight decreasing land base during PDAC convention

This week, the Association for Mineral Exploration British Columbia (AME BC) is highlighting how restrictive land access and use regulations and policies are putting the future mineral exploration and development…

March 6, 2016

Oregon becomes first US state to ban coal-fired power

The Clean Energy and Coal Transition Act commits to eliminating the use of coal-fired power by 2035 and to double the amount of renewable energy by 2040.

March 4, 2016

Mining stocks in once-a-decade rally

Friday's jump in copper and iron ore prices propel mining stocks to biggest weekly gain since 2008.

March 3, 2016

South African government, mining firms agree to delay 16,000 job cuts

The deal also proposes facilitating the sale of struggling mines.

March 3, 2016

Joy Global posts bigger-than-expected loss as sales drop 25%

Shares in the equipment and services provided soared almost 16% in early trading in New York.

March 3, 2016

Former Aussie coal magnate Nathan Tinkler officially bankrupt

Once Australia's youngest billionaire, the electrician turned coal baron has failed to pay off his private jet and other debts and is now officially ruined.

March 1, 2016

Warning of another string of mining bankruptcies in 2016

Rate of corporate defaults could be double historical average going back to 1920 says new study.