Insane rally rockets iron ore price past $60
Iron ore price posts largest one-day gain ever surging 19.5% to $62.60 a tonne in frenzied Chinese trading.
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Cameco slowly expands world’s biggest uranium mine, betting on recovery
Cameco's McArthur River mine in northern Saskatchewan is expected to produce 20 million pounds this year.
Silver Standard to buy fellow Canadian miner Claude Resources
The deal values Claude Resources at Cdn$377 million in total or the equivalent of about $1.65 per share.
Mongolia settles row with Canadian miner, pays $70 million
The move comes as the Asian country is launching a new program this week that aims to attract mining exploration.
Global mining exploration down 19% in 2015
The global exploration sector continues to struggle against strong market headwinds, a new reprt shows.
EY’s Canadian mining index gains 2% in Q4
The first green shoots of a mining rally showed themselves in the fourth quarter, according to a new report from EY describing the performance of the Canadian Mining Eye Index.
Huge Minnesota copper-nickel mine clears environmental hurdle
PolyMet says the NorthMet Project will annually produce 72 million pounds of copper, 15.4 million pounds of nickel, 720,000 pounds of cobalt and 106,000 troy ounces of precious metals.
Oregon becomes first US state to ban coal-fired power
The Clean Energy and Coal Transition Act commits to eliminating the use of coal-fired power by 2035 and to double the amount of renewable energy by 2040.
Mining stocks in once-a-decade rally
Friday's jump in copper and iron ore prices propel mining stocks to biggest weekly gain since 2008.
