Shares in Seabridge Gold jumps after Toronto company adds 3m ounces gold and 2.1bn pounds copper resources at its KSM project in northern British Columbia.
Report by the Mining Association of Canada (MAC) says the country is not in a good position to benefit from the increasing number of companies ready to make new and significant investments.
The world’s No.1 iron ore miner produced 349 million tonnes of the steelmaking ingredient in 2016, helped partly by the opening of its massive S11D mine.
A successful haulage system can make the difference between a mine that is consistently profitable and one that is struggling to meet its marginal costs.