September 8, 2016

World’s largest, newest diamond mine to inject $5.2bn into Canada’s economy

Gahcho Kué, co-owned by De Beers Canada and Mountain Province Diamonds, is also expected to provide 1,200 new jobs.

September 7, 2016

New NewCastle Gold CEO Gerald Panneton hits the ground running

n NewCastle’s Castle Mountain gold project, Panneton sees a large-scale, brown field, largely permitted resource in a leading jurisdiction that’s amenable to simple heap-leach mining, and can be brought back…

September 7, 2016

Three large miners that are still inexpensive

There are some positives.

September 7, 2016

Zinc, it never rains but it pours

What will happen is that no major in the mining industry shall consider new investments until prices breach $1.20.

September 6, 2016

Enbridge to buy Spectra Energy for $37 billion

North America’s biggest energy infrastructure company.

September 6, 2016

Endeavour Mining to pour first gold out of new African mine next year

Once the open pit Houndé mine is operational, Endeavour will add 190,000 ounces to its gold output per year.

September 6, 2016

Suncor Energy and Fort McKay First Nation announce agreement for equity partnership in East Tank Farm Developments

Under the terms of the agreement, Fort McKay First Nation will pay 34.3% of the actual capital cost of the East Tank Farm Development once the assets become operational, which…

September 6, 2016

Eldorado Gold exits China, sells Jinfeng mine for $300 million

The move marks the Vancouver-based miner exit from China.

September 3, 2016

Goldcorp declares third quarter dividend payment for 2016

GOLDCORP INC. is pleased to declare its quarterly dividend for the three month period ended September 30, 2016 of $0.02 per share.

September 2, 2016

Caterpillar to close Belgium plant, lay off 2000 workers

The possible plant closure, which could cost around 2,000 jobs, is part of a global restructuring plan announced in September that could see CAT cutting as many as 10,000 jobs…