December 2, 2015

World’s two biggest miners walking away from coal, but they are not telling

BHP Billiton and Rio Tinto have significantly cut their investments in coal, while repositioning behind the scenes.

December 2, 2015

Canadian Oil Sands to stay in the black even if crude prices keep falling

The company, currently the target of a $4.3 billion takeover bid by Suncor, unveiled a pared-back capital budget that cuts spending by 20% year-over-year to $295 million in 2016.

December 1, 2015

Barrick completes sale of 50% of Zaldívar copper mine to Antofagasta

The proceeds of the sale will be used to reduce a debt pile of $13 billion with a target of wiping out $3 billion this year.

November 30, 2015

Canadian Oil Sands granted one more month to fend off Suncor’s hostile bid

The poison pill provision must expire by Monday, Jan. 4, 2016.

November 30, 2015

Goodbye, mad hatter: UBC expert promotes safer gold mining

Small-scale or artisanal mining is responsible for producing around 400 tonnes of gold a year worldwide. It supports 160 million people, including about 16 million who are directly involved in…

November 30, 2015

Barrick, NovaGold project in Alaska a step closer to becoming the region’s largest development

The Donlin deposit holds an estimated 33 million ounces of gold, which would be extracted over the expected 27-year operating life of the open pit mine.

November 27, 2015

Cameco’s former chief mine engineer on why he’s long NexGen

Canada’s Athabasca Basin is arguably the best place to look for uranium in the world, and it’s the backyard of Cameco, the world’s largest producer.

November 26, 2015

Fatality at Musselwhite mine, operations suspended

Underground scoop operator has died.

November 26, 2015

Copper prices may weigh on Rio Tinto’s looming decision on Oyu Tolgoi expansion

The company said it would announce a final decision on the matter early next year.

November 26, 2015

Follow the yellow brick road: a journey into the world of coloured gemstones

For nearly five centuries gemstones have been synonymous with wealth, power, luxury and royalty.