Alpha Natural Resources, Arch Coal near bankruptcy exit deals
Alpha, which filed for bankruptcy in August last year, is scheduled to ask a federal judge Thursday to approve its exit plan despite objections to it.
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De Beers Canada moves from Toronto to Calgary
The move comes as the company readies to open what it calls the world’s biggest diamond mine currently under construction.
Argentina to support local uranium production — report
U3O8 Corp., a Canadian-based company focused on the development of deposits of uranium and associated commodities, reports on significant developments in nuclear energy in the South American country.
Copper’s project pipeline thins as supply deficit looms
Only six major projects to build new copper mines or expand existing operations will be completed by 2020.
Mexico-focused junior leaps 28% on mine restart
Cyprium Mining (TSXV:CUG) had a banner day on the markets Wednesday after announcing that it has put the Potosi silver mine back into production after a four-year hiatus.
Dominion Diamond to go ahead with Ekati mine expansion
Developing the Jay pipe will help keeping the mine in production until 2033.
Chinese fund eyes Glencore gold mine in Kazakhstan
China’s state-backed Silk Road Fund is said to be considering a joint $2 billion bid with China National Gold Group for the Vasilkovskoye mine.
Gold hits fresh two-year high as UBS declares the start of new bull run
Analysts say the metal likely to reach $1,400 shortly and settle in the second half of this year, averaging $1,340 an ounce.
Scientists extract uranium from seawater
Testing of absorbent materials show capacity to hold 5.2 grams of uranium per kilogram, after 49 days exposure to seawater.
