Trading barbs over the allocation of resource revenues is a blood sport in Canada, and the latest contenders are newly minted NDP leader Thomas Mulcair and Saskatchewan Premier Brad Wall.
Denison Mines Corp shed 1.2% on Wednesday bringing its losses over the last week to 19% ahead of quarterly results that showed the company widened losses to $51.9 million.
Ryan Gold Corp. (TSX VENTURE:RYG) ("Ryan Gold" or the "Company") is pleased to announce its exploration plans for the 2012 exploration season in the Yukon Territory.
Fearing a backlash by foreign investors in the mining sector – the foundation of the country's economy – Mongolian legislators on Tuesday watered down many of the provisions of draft legislation that gives the state greater control and ownership of mining projects.
With huge investments in Peruvian copper, Chinalco Mining, a division of the giant Aluminum Corp of China, follows another Chinese state-owned miner to the Hong Kong market to raise money.
Canadian miner giant Teck Resources Ltd. (NYSE:TCK, TSX:TCK.B) is interested in entering the iron ore industry and would seek to acquire a producing asset rather than develop a mining project, chief executive Don Lindsay told Bloomberg yesterday at the Canada Economic Summit, in Toronto.
The Ontario Ministry of Northern Development and Mines announced today that Cliffs Natural Resources will invest $3.3 billion to build a chromite mine, transportation corridor and processing facility in Northern Ontario's Ring of Fire, generating thousands of jobs and new infrastructure.