January 20, 2016

De Beers lowers diamond prices to boost sales

In a fresh attempt to counter weakening demand, the diamond giant is said to have cut prices by as much as 7% at the Jan. 18 sale.

January 20, 2016

Gold recovers some shine as global markets collapse

Gold has become this year the best-performing non-agricultural commodity.

January 20, 2016

Canada Revenue Agency goes after Silver Wheaton again

Last year, the CRA slapped the company with a fine and ordered the miner to pay more than $200 million in back taxes, but the firm objected the decision.

January 20, 2016

Shrinking land base for mineral exploration in B.C. risks industry

New report prepared by environmental consultant firm, Hemmera highlights restrictive regulations, lack of clarity in land access and use policies.

January 19, 2016

PotashCorp mothballs Picadilly mine, leaves more than 420 jobless

The indefinite suspension of the Picadilly mine, in Canada's New Brunswick, is expected to cut the company's capital costs by $50 million in 2016 and $135 million over the next…

January 19, 2016

INFOGRAPHIC: Visualizing the flow of oil around the world

Every day, 93 million barrels of oil are consumed by the world economy.

January 19, 2016

Trans Mountain pipeline battle set for NEB hearing today

Brace yourselves Canadians, the pipeline drama is about to heat up again.

January 18, 2016

Canada’s Evrim acquires Cerro Cascaron gold property in Mexico

The property is located some 70 kilometres southeast of Goldcorp Inc.’s past-producing El Sauzal gold mine.

January 18, 2016

Suncor changes strategy to acquire Canadian Oil Sands with $6.6bn friendly deal

After months of hostile rhetoric, the two Calgary-based companies have reached a takeover agreement.

January 18, 2016

Greek gold miners prepare to fight Syriza

Move comes as Canada's Eldorado, Europe's largest potential gold producer, announced massive job cuts as a result of government bureaucracy.