February 25, 2015

Rio’s Turquoise Hill gets rid of remaining stake in SouthGobi

Chinese Novel Sunrise Investments has agreed to buy 48.7 million shares in SouthGobi —which was once worth over US$2.4 billion —for 35 cents per share in cash.

February 25, 2015

Union claims Canada did nothing to stop mining abuses in Mexico

Allegations are based on internal documents obtained from the Canadian Department of Foreign Affairs, Trade and Development (DFATD).

February 25, 2015

Greek govt. vows not to touch Eldorado’s mine

But it is going ahead with a thorough review of permits related to a proposed processing plant at the site.

February 24, 2015

Canada’s oil sands cash flows set to drop by $21 billion

Current operational costs for producers have reached $37 to $40 per barrel. Benchmark U.S. crude, meanwhile, is trading at around $50 a barrel.

February 24, 2015

Maine’s mining rules review may open door to Canadian gold, copper project

Canada's J.D. Irving Ltd. hopes to build a massive open-pit copper and gold mine at the state's Bald Mountain.

February 24, 2015

Junior mining investment model on life support

Industry fears too many juniors chasing too few dollars will equal too few new mines.

February 24, 2015

The easy oil is gone so where do we look now?

In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil demand would grow with it,…

February 24, 2015

Canada’s Saskatchewan second only to Finland as world’s top mining destination

The potash and oil-rich province was placed at the top of the Fraser Institute's annual rank of mining companies.

February 24, 2015

Shell pulls plug on long-delayed Alberta oil sands mine – The Globe and Mail

Royal Dutch Shell Plc is shelving plans to build a new oil sands mine in northern Alberta, the largest such project to be deferred as producers struggle with low energy…

February 23, 2015

Zambia eases tax rules, to start refund talks on a ‘company-by-company basis’

The new rules only apply to future payments and not amounts already owed.