Dominion moves headquarters to Calgary in cost-cutting effort
The move comes on the heels of a similar decision by De Beers Canada, which moved its headquarters from Toronto to Calgary in July.
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Gold demand plummets as central banks, consumers hold off — WGC
Consumer demand for jewellery, coins and bars, dropped by a quarter as high prices slowed down acquisitions from top consumers China and India. Investments, however, were up by 44%.
Uncertainty about OPEC and US election leads to oil price drop
Oil prices have rebounded slightly after speculation about OPEC's ability to cap production later in November and uncertainty surrounding the U.S. presidential election sent them sliding last week, a drop that affected the portfolios of investors across the board.
Japex postpones oil sands expansion project to mid-2017
Move will push up costs by Cdn$250 million ($187M).
Copper price: Don’t expect any 2017 fireworks
Copper market remains well-supplied.
Platinum price back above $1,000 on South Africa wage deal
Comprehensive wage agreement brings stability to South Africa platinum industry, responsible for more than 70% of world output.
Atlas Copco goes cabless
Atlas Copco has just introduced the PV 275 CA, which is a fully autonomous and cab-less Pit Viper 275 blasthole drill.
Boart Longyear presents hands-free rod handling drill
Rod-handling is the number one cause of injuries and other injuries in drill sites.
Canada’s Quebec injects $130M into Tata Steel Quebec-Labrador iron ore project
Financing consisted of a loan of $50 million from Investissement Quebec along with $125 million for an 18% equity stake in TSMC through Ressources Quebec.
