Strike at Lundin’s Caserones copper mine showing no signs of resolution after a week
The workers are prepared to drag out the strike for more than 40 days if needed, according to the union's president.
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Victoria Gold CEO McConnell axed
John McConnell was winner of this year’s Viola R. MacMillan Award for innovative financing at PDAC.
Collective Mining fuses gold deposits into larger system at Guayabales in Colombia
The results come from eight diamond drill holes, part of Collective’s ongoing 40,000-metre drilling program.
Gold bars are worth a million dollars for the first time
The milestone was reached Friday, when the precious metal’s spot price surpassed $2,500 per troy ounce.
US gives Electra $20 million to build cobalt plant
The funds will support construction of a cobalt sulfate facility in Ontario that will be North America’s only refinery.
VIDEO: There’s a “disconnect between junior equity prices and the gold price” — Gold Fields CEO
CEO Mark Fraser said one of the challenges in the sector is that junior developers are not seeing real value of the gold price reflected in their equities.
Want to capitalize on all-time high gold price? You could be in business by 2040!
Financial markets and the mining industry have lost all touch.
Teck Coal fined for unauthorized waste disposals in British Columbia
The Teck coal unit was fined close to C$221,000 for nearly 30 cases of environmental breaches in southeastern BC.
Chinese copper exports fall from record as local demand rebounds
Exports of unwrought copper and products fell 40% from June to 140,940 tons, according to customs data on Sunday.