Turquoise Hill jumps 11% after allaying Oyu Tolgoi fears
Vancouver company calls ongoing negotiations with Mongolia government productive.
Latest Stories
Families of miners killed at South Africa’s Marikana to sue police for millions
Each family is requesting around $2 million
Rio to sell majority stake in Canada’s largest iron ore producer
Operation is estimated to fetch about $1.7 billion.
Glencore delays closing of Xstrata merger, faces claims of aiding Iran nuclear program
The world’s largest commodities trader said more details about the pending deal will be revealed on Tuesday. Meanwhile, it faces claims of supplying Iran with key ingredients for the manufacture of tubes used in uranium enrichment centrifuges.
Copper falls to three-month low over weak China industrial data
The commodity was down 2% at 7:50 a.m. E.T on Friday, which means the red metal price has already fallen 4.7% this year.
China’s manufacturing output stalls in February
The country's recovery from an economic downturn slowed down last month.
Canada’s Bill C-52 makes it more expensive for industry: miners
Mining Association of Canada says the rail service act needs amendments to make it fair for shippers.
Crushing blow for oil sands as US production, inventories reach 20- and 30-year highs
Canadian crude sells for $45 less than global price as US is flooded with oil.
Gold slide continues in the face of positive economic sentiment
Gold continues its fall from $1,600/oz grace.
