December 8, 2015 Canadian Arctic readies for world’s largest diamond mine opening The Gahcho Kué mine will take in a number of the hundreds of workers laid off at Snap Lake.
December 8, 2015 Mount Milligan team awarded excellence in mine development by AMEBC Other winners are Clive Johnson and Eira Thomas.
December 7, 2015 Mackie analyst Ryan Hanley’s storm-tested Canadian equity picks Hanley lists his storm-tested top picks, shines light on names with M&A potential, and sees smooth sailing ahead for some companies with near-term catalysts.
December 6, 2015 Snap Lake had groundwater problems before closure The groundwater was being stored due to high concentrations of dissolved solids including mineral salts.
December 2, 2015 Rio Tinto unveils one of largest diamonds ever found in Canada The 187.7-carat Diavik Foxfire diamond will be showcased in London before returning to Antwerp for detailed assessment.
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…
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