China snaps up $4.5bn worth of overseas mining assets in just six months
Most of them have been after existing operations and companies, rather than trying to build mines from scratch.
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Abitibi mines the Web in search of royalty riches
When Ian Ball, CEO of Abitibi Royalties, (TSXV:RZZ) is asked why he decided to get into the royalty business rather than taking the more traditional route of building a prospect into a mine, he likes to reference Usain Bolt.
Petra Diamonds results beat expectations on strong sales, production
Output rose 16% to 3.7 million carats, which puts Petra on track to hit its long term annual target of 5 million carats in 2018, a year earlier than planned.
S. African mining firms support Gov’t efforts in respect of unclaimed lung disease benefits
The six mining companies which form the Occupational Lung Disease Working Group said they support the work being done by the national departments of Mineral Resources and Health to ensure that former mineworkers are able to claim all the benefits they are entitled to.
Goldcorp-Kaminak deal sealed
Kaminak became a prime takeover target in January after it announced a feasibility study on its high-grade Coffee gold project in the Yukon.
Copper price pulls back on rising USD
North American stock markets continued to climb on Friday, while the dollar ascended a four-month high, causing downward pressure on precious and base metals prices.
Husky’s oilsands project back on track after Fort McMurray wildfire
Husky Energy says its thermal oilsands project that was shut down while wildfires swept through the Fort McMurray, Alta., region in May is already back to producing bitumen at its previous level.
This study puts gold price at $1,850 with Trump win
ABN Amro charts gold movements for US presidents going back to Ford in 1974 – bonus: Pres Clinton's will also lift price, just not as much as Pres Trump
Snap Lake diamond mine is for sale
De Beers underground mine in Canada's arctic, shuttered since December, cost $1.7 billion to build and operate and never turned a profit.
