November 16, 2015

Paragon Diamonds halts trading on capital, financial position woes

The Africa-focused miner needs funding to complete the acquisition of the Mothae project and to repay short-term debts, including £500,000 due this week.

November 13, 2015

These two record-breaking diamonds were bought for $77 million, by the same person

Hong Kong billionaire Joseph Lau bought the world's most expensive diamonds for his 7-year-old daughter, in less than 24 hours.

November 12, 2015

Canadian Oil Sands accuses Suncor of paying brokers to win takeover bid

Suncor, Canada's dominant oil sands player, telling COS shareholders the firm has a record of “underperformance, financial challenges,” and vulnerability to low oil prices.

November 12, 2015

Barrick Gold sells four US mines for $720 million

The move would help the miner meet its ambitious target for reducing its $13 billion debt by $3 billion before year-end.

November 12, 2015

Current uranium market fundamentals strong – future is even brighter

With Japan finally restarting some of its nuclear reactor fleet (two reactors have come online since August) and China continuing its breakneck reactor build-out (with 29 reactors in operation and…

November 11, 2015

Fission and Denison will be fine, analyst

Weighing in after last month's failed merger.

November 10, 2015

Kinross Q3 revenue drops 15%, Denver office to be shut

222 Tasiast employees let go in September.

November 10, 2015

Carrier Centers selects Petro-Canada Lubricants as exclusive supplier

Petro-Canada Lubricants Inc. (PCLI), a Suncor business, has been selected by Carrier Centers, Southern Ontario’s leading transportation dealer network, to supply service fill bulk and packaged heavy duty engine oil,…

November 10, 2015

Turkey approves environmental assessment for Centerra’s Oksut project

Construction of the gold mine, located in the south-central Kayseri province, should start in early 2016, followed by production by mid-2017.

November 10, 2015

Oil sands industry to remain under siege until 2020 on low crude prices

The gloomy outlook comes as the International Energy Agency predicts crude oil won't reach $80 a barrel until at least the end of the decade.