June 20, 2016

BC government says payments demanded for access to Crown land are not legal

According to the Association of Mineral Exploration (AME), a number of junior exploration companies and their suppliers and contractors have been approached by First Nations.

June 20, 2016

High grades light up Canadian lithium explorer

Eye-catching lithium discoveries don’t happen every day. When they do, little-known lithium explorers can suddenly find themselves in the investment spotlight.

June 20, 2016

Matamec provides an update to the Kipawa rare earths joint venture project

The joint venture plans to invest the remaining $2,030,000 CAD over the next year in pursuit of its 2015-2017 objectives.

June 20, 2016

Kinross Gold suspends work at Tasiast mine in Mauritania, shares dive

Decision follows the West African country order to expatriates whose work permits were invalid to stop working.

June 18, 2016

Canpotex abandons plans for $775-million B.C. export terminal

The overseas marketing arm of Saskatchewan’s three largest potash producers, has abandoned its plans to build a $775-million shipping terminal at the Port of Prince Rupert in British Columbia.

June 17, 2016

Lundin Gold getting closer to developing Fruta del Norte in Ecuador

With construction expected to start in 2018, the US$669-million Fruta del Norte project could finally begin production before the end of the decade.

June 16, 2016

Fort McMurray lost oil sands production could reach $1.4 billion

Analysts say lost oilsands production from the Fort McMurray wildfire could top 30 million barrels and cost the industry upwards of $1.4-billion.

June 16, 2016

Decision on TransCanada’s Energy East closer than ever as federal board begins review

The East Energy pipeline is expected to generate $55 billion in economic benefit for Canada and create over 3,300 operational jobs across the country.

June 16, 2016

Glencore to sell option in Canadian gold mine

While Falco Resources fully owns the Quebec-based Horne project, Glencore has the right to buy back the 65% stake in the mine it inherited when it bought Xstrata.

June 16, 2016

Alrosa unearths 241.21-carat diamond, one of largest ever found in Russia

The rock was found at its Nyurbinsky open-pit mine, in operations since 2001.