November 8, 2016 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%.
November 8, 2016 Japex postpones oil sands expansion project to mid-2017 Move will push up costs by Cdn$250 million ($187M).
November 7, 2016 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.
November 7, 2016 Chinese coking coal futures hit the roof The most-traded coking coal for January delivery on the Dalian Commodity Exchange soared 10% to 1,516 yuan ($224) a tonne, a record high.
November 7, 2016 Weak commodities put infrastructure growth in emerging markets at risk — BMI Countries heavily reliant on their extractive sectors need to step up efforts to lure investors or they will see their infrastructure sectors stalled, warn analysts.
November 7, 2016 Centerra expects more gold from Kumtor, but issues still loom The miner increased gold output guidance for the mine to 520,000 to 560,000 ounces and lowered all-in sustaining cost forecast to $666 – $718 per ounce.
November 4, 2016 CAT and Trimble to strengthen mining technology collaboration As part of the deal, CAT is expected to become the primary sales, marketing, distribution and support channel for Trimble’s Connected Mine platform.
November 4, 2016 6 reasons coking coal price will tank Number 1: Producers have negotiated quarterly contracts $70 below the spot price.
November 3, 2016 Luxembourg shoots for the stars, invests $28 million in Planetary Resources The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.
November 3, 2016 The world’s hardest working gold mines Ten gold mines that timed the gold price rally to perfection – Barrick owns four of them.
Super Copper’s Cordillera project approved by Chile’s National Mining Authority The concessions cover approximately 6,858 hectares in the Atacama copper belt. December 24, 2025 | 11:24 am
