July 31, 2016 Yamana Gold announces sale of its Mercedes mine in Mexico Yamana will receive consideration in the form of cash and equity securities, the value of which was $140 million at the time of negotiations.
July 29, 2016 Fort McMurray wildfires eat into Imperial Oil earnings Imperial, Canada’s No.2 integrated oil producer and refiner, posted a surprise $181-million loss in its second quarter.
July 29, 2016 Canada invests $133 million in Tata Steel Quebec-Labrador iron ore project Deal comes at a time of improved steel demand from China and mimics an effort by the UK government to rescue Tata Steel's Port Talbot operations to save jobs.
July 28, 2016 Suncor burned by wildfire damages and slump in oil production The largest crude oil producer in Canada announced net losses of C$735 million after Alberta wildfires near Fort McMurray forced its oils sands operations to be temporarily suspended back in…
July 28, 2016 Teck delivers surprise profit, stock surges Systematic cost cutting has taken some strain off Teck's balance sheet over the last few years as metal prices have slumped.
July 27, 2016 HP, Glencore, Syncrude linked to human right abuses from climate change Companies responsible for the majority of fossil fuel products that have been manufactured, marketed, and sold since the industrial revolution and have contributed the lion’s share of cumulative global emissions…
July 26, 2016 Barrick in talks with South African miners to sell stake in Acacia — report The potential sale of its its 64% interest in Acacia would be part of Barrick's broader strategy of selling non-core assets to reduce debt.
July 26, 2016 Caterpillar further cuts profit, sales forecast CAT said commodity prices remain on the low end and had yet to translate into increased mining activity or higher demand for equipment.
July 25, 2016 Canada’s diamond staking rush favours early entrants It’s the glittering lure of a possible multi-billion dollar diamond discovery that’s lighting up northern Saskatchewan.
July 25, 2016 China snaps up $4.5bn worth of overseas mining assets in just six months Most of them have been after existing operations and companies, rather than trying to build mines from scratch.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am