Once-mighty Canadian mining losing ground to global competitors
Mega-mergers by Canada’s two largest gold companies, Barrick Gold Corp. and Goldcorp Inc., stand to erode its global influence.
Latest Stories
Fiat recall means palladium users bracing for ‘supply shock’
Fiat Chrysler’s recall of almost 862,520 gasoline-fueled vehicles could spur additional demand for the palladium market already reeling from shortages.
Russia considers export ban on precious metals scrap
The proposed ban would last from May 1 to Oct. 31 this year.
Southern Copper eyes lithium project in Mexico – CEO
Southern Copper had not made an offer on the lithium project in Mexico, but there's also a Chinese company that's interested.
South Africa’s Exxaro Resources FY earnings jump on higher coal prices
Exxaro's coal export volumes surged to a record 8 million tonnes. Revenue jumped 12% to 25.491 billion rand compared with 22.813 billion rand the previous year.
Russia, China to buy 10% in Onexim Group’s mining company
Intergeo, a part of Onexim Group, is developing Russia's second largest nickel deposit and one of Russia's top-5 copper reserves.
Operations resume at Goldcorp’s Cerro Negro mine in Argentina
The mine is the company’s biggest in the South American country.
Para pours first doré bar at Arizona mine
Management says that the initial doré bar is concrete evidence that the entire mining cycle from mine to plant to smelting is working successfully.
American Battery Metals ready to drill at Utah vanadium project
The 2019 campaign will include reverse circulation drilling of 10 holes for 3,000 feet.