IOC green-lights new iron ore pit in Labrador
The Iron Ore Company of Canada (IOC) is taking advantage of rocketing iron ore prices by pushing forward with its Wabush 3 iron ore mine in Labrador, Canada.
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Top 10 lowest cost gold mines make money if price falls 50%
The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.
Scientists find new way to extract uranium from seawater
A practical method for extracting the uranium present in the oceans could help make nuclear power a viable part of the quest for a carbon-free energy future, researchers say.
Gold, silver prices at 15-week highs as Trump trade unwinds
Precious metals erase nearly all post-election losses – silver price enjoys longest weekly winning streak in more than a decade.
US Lithium to mine for copper, nickel, cobalt in Canada’s Saskatchewan
The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.
Diamond producers go after Millennials with Oscars-time spot
The target group was the the top diamond consumer in 2015, a year in which most commodities plummeted, hitting the mining industry very hard.
Endeavour extends Karma mine’s life to over 10 years
A drill program at the mine's North Kao deposit has added 262,000 ounces to the reserves, extending Karma's life to more than 10 years.
Pan American Silver boss just gifted $4 million to the Canadian Museum of Nature
The donation by the company's founder Ross Beaty aims to enhance the museum’s national research and collections that are focused on species discovery.
Mining exploration spending drops to 11-year low
Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.