MEG Energy asks Alberta to shelve oil sands project
Companies are delaying investment decisions to wait for new pipelines and higher prices.
Latest Stories
AJN yields to Barrick pressure, won’t buy into Kibali mine
The Canadian junior won't proceed with a plan to purchase a 10% stake in Congo's biggest gold mine.
US launches tool to stake claim to world’s rare earth minerals
The U.S. has become increasingly concerned about securing a stable supply of critical minerals used in car batteries, solar panels and wind turbines.
Nippon Steel braces for downside risk as coronavirus spreads
The company is bracing for a downside risk as slower manufacturing activities in China may further weigh on demand in industries.
Anti-mining protesters block entrances to PDAC annual convention
Among other things, the activists demand a halt to fossil fuel extraction, a ban to open-pit mining, and recognition of Indigenous sovereignty.
Seaborne coal prices spike not expected to last long – report
Fitch Ratings predicts that the disruptions caused by COVID-19 will ease over the medium term.
Termite mounds reveal hidden base metal deposits
Researchers found that metallic blue crusts on termite mounds indicate the presence of base metals including nickel and cobalt.
Gold’s volatility emptying jewellery boxes in a wild selling spree
Old gold sales always jump when prices rise, but “we’ve never seen a surge like this,” said Tobina Kahn, the president of House of Kahn Estate Jewelers in Chicago.
Codelco gets environmental permit to expand Salvador mine
Rajo Inca project at Salvador is a $1 billion expansion.
