Nautilus gets the green light to mine under water, will receive $118 million in compensation
The miner's shares were up almost 32% at 10:45 ET in Toronto after the announcement.
Latest Stories
Land claims and uncertain policies holding back mining investment in BC: report
While B.C. is no longer viewed as hostile to mining, authorities need to resolve several land-related issues before investors come back.
Asian gold fever hits Thailand
Central Bank and analysts fear foreign exchange speculation is behind the sudden and steep gold demand increase.
$100bn in private equity stalking mining assets
It may be too early for private equity players to gobble up juniors or put together mega-deals, but mid-tier miners may have new investors knocking on their doors.
Gold price bounces right back on debt ceiling, jobs data
Recovering nearly 30$ of the 40$ in Tuesday losses.
Glencore shutters Dominican Republic mine
Says it will remain closed for two to three years.
No White House decision on Keystone this year – TransCanada Corp.
With review from Department of State not complete, decision will likely come next year.
Tiny fossilized primate discovered in Thai coal mine
Palaeontologists unearth 35-million year-old half-pound primate.
Brazil Minerals posts 84% jump in diamond sales
Its diamond and gold processing plant is the largest of its type in Latin America.
