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.
Latest Stories
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.
Fairtrade gold miners hail increased sales
Volumes of Fairtrade gold grew in 2015 as consumers show support for Fairtrade
Mining to boost Peruvian GDP this year despite low copper prices
The country expects around $56 billion worth of mining projects to come on stream this year.
