Canada’s 2014 budget kind to miners, extends 15% exploration tax credit
Other than the tax credit deferment, Canada's new budget doesn't include any significant changes for the country’s mining and metals industry.
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Goldman Sachs selling Iran’s one-time uranium supplier
The bank's ties to Iran date back to the 1970’s.
Mosaic softens blow of major profit drop with $1 billion share repurchase program
The fertilizer producer has reported a 79% drop in profit in the last quarter of 2013
Gold price hones in on $1,300 on Yellen comments, Chinese demand surge
Indication from new Fed chair there's no rush to stop dollar printing presses and news that Chinese gold consumption jumped 41% in 2013 boosts gold price.
Cliffs cutting capital expenditures by 50%, laying off 500 employees
'Sharper capital allocation must drive our decisions,' CEO Gary Halverson said.
CDE complete first turnkey washing plant in Sweden for Bröderna Björklunds Grus AB
A new turnkey sand and gravel washing plant from CDE Global is reducing excess fines to produce washed sands and aggregates for Bröderna Björklunds Grus AB
Fortune Minerals gets conditional environmental approval for Saskatchewan processing plant
The company jumped nearly 18% to trade at 43 cents per share on the Toronto exchange on Tuesday.
Silver to 100 dollars within ‘reasonable timeframe:’ John Embry
The economy is really much worse than most people are prepared to admit. And this will have significant ramifications on various markets.
Russian gold output to decline after record year
Major producers are cutting down production as they postpone or sell off costly operations.