Gold price rises on mixed signal from US jobs data
Chair Jerome Powell signaled less aggressive tightening could be appropriate going forward.
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Industry groups welcome C$10 billion in Ottawa’s budget update
C$802 million over three years allocated for the Youth Employment and Skills Strategy.
Coeur Mining closes southern Nevada asset sale to AngloGold, stock up
Coeur would receive $150 million cash upfront, plus additional deferred cash consideration of $50 million should the Sterling and Crown gold resource reach more than 3.5 million ounces.
Instead of phasing down coal the world is burning more than ever
Coal power generation could set a record for a second-straight year and remains the world’s biggest source of electricity.
Pan American and Agnico Eagle enter bidding war for Yamana
Gold Fields, which offered to buy Yamana at the end of May, has five business days to match.
Column: Canada slams the door on China in critical minerals race
The Canadian government ordered Chinese companies to divest their holdings in junior mining companies planning to develop lithium deposits.
Aguia Resources secures $2.9 million for Brazil mine
The Três Estradas project is expected to be the first phosphate mine in Rio Grande do Sul state and in the country.
British researchers come up with intelligent design process for furnaces
A novel design process for furnaces promises an annual sales turnover of more than £7.4 million over the next three years.
Nutrien to boost potash output despite demand drop
The Canadian fertilizer producer aims to increase potash output to 18 million tonnes by 2025 — a 40% increase from 2020 levels.