July 17, 2015

Lucara gets $69 million from first diamond sale, amid tough market conditions

The star of the show was a 341.9 carat diamond —unveiled in April —, which sold for $20.55 million

July 16, 2015

Toronto gold junior shares double on fresh offer

Lake Shore Gold trumps earlier offer for Temex Resources and its flagship Whitney project in northeastern Ontario.

July 16, 2015

The world’s highest grade gold mines

Canadian mine takes top honours but Russia and USA dominate the rankings.

July 16, 2015

Zambia mining industry says new rules to scare investors, deter local processing

The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.

July 14, 2015

Suncor Energy tests use of radio waves instead of water at oil sands

Instead of high-pressure steam, Canada's largest oil and gas producer wants to send radio waves down to heat the bitumen.

July 13, 2015

True Gold injects $14 million to its Karma gold project in Burkina Faso

The Vancouver-based company said it is on track to pour its first gold at the mine in the first quarter of 2016.

July 12, 2015

Teck Resources delays Frontier oil sands project by five years

Teck Resources Ltd. is delaying the planned startup of a multibillion-dollar oil sands mine by at least five years, becoming the latest company to push back development as shaky energy…

July 10, 2015

Scientists, environmentalists call for freeze in deep sea mining permits

A group of scientists is asking international authorities to temporarily halt the approval of new underwater mining contracts until further environmental controls are put in place.

July 10, 2015

Commodities rout hits diamond industry, prices down 3.4 pct in first half of 2015

In the past year, they've lost 9.4% of their value, the recently launched Zimnisky Global Rough Diamond Price Index shows.

July 10, 2015

Sirius stock collapses after unveiling plan for UK’s largest potash mine

The company also said it expects final decision notices for key approvals by the end of September.