Latest Stories
Suncor to take $80 million hit after Nova Scotia project found non-commercial
The charge is related to the first exploration well of its joint venture in the Shelburne basin, south of Nova Scotia.
Alrosa unveils detection device for polished diamonds
Rough-diamond prices fell 18% in 2015 and some miners, such as Alrosa, believe synthetic gems were partly responsible for it.
One of world’s largest, newest diamond mines is now open
Gahcho Kué, a joint venture between De Beers Canada (51%) and Mountain Province Diamonds (49%), is expected to inject $5.2bn into Canada’s economy.
Slowdown at Minto copper mine poses challenges to Canada’s Yukon territory
A new report by the Conference Board of Canada states that the Yukon’s economy is facing the bleakest near-term outlook in the country.
Peru, Brazil to emerge as Latin America’s new mining gems
Peru’s significant copper project pipeline and Brazil’s competitive iron ore sector will consolidate them as main drivers of investment in Latin America’s mining sector, says BMI Research.
BHP CEO pay cut in half over Brazil disaster
Deadly November tailings dam burst at Samarco iron ore mine and commodity downturn key considerations to slash executive pay.
South Africa reels under illegal mining
Illegal mining in South Africa is on the increase in the face of deteriorating economic situation in that mineral-rich country, according to reliable sources..
Northern Gateway will not appeal Federal Court of Appeal decision that reversed project approval
Natural Resources Minister Jim Carr has until Thursday to make a decision.
