February 23, 2015

Finning’s Vancouver branch to cut 500 workers in Canada

The figure represents 9% of the company's Canadian workforce, and it is due to "soft market conditions."

February 22, 2015

Seabed mining dreams shattered by New Zealand latest decision

The country's refusal of a deep sea mining venture off its coast has cast a shadow over the emerging mining practice.

February 21, 2015

Chinese firm close to start mining uranium in Namibia

Once fully operational, the Husab mine will have the potential to produce 15 million pounds of uranium oxide.

February 20, 2015

Canadian oil sands producers hike output despite dim crude price

Oil companies in Canada, the world’s fifth-largest crude producer, are not showing any signs of cutting down output, despite fuel prices more than halving in the past six months.

February 20, 2015

Substantial amount of gold deals expected for Australia by year-end

As a result of world’s largest gold miners pulling their portfolios to pieces as a way to weather low prices and an ongoing downturn.

February 19, 2015

Stephen Harper promises LNG tax breaks at Surrey appearance

Companies investing in capital assets for the liquefied natural gas industry can expect tax breaks to kick in immediately.

February 18, 2015

Sandstorm buys Gold Royalties Corp for $5.7 million

Sandstorm Gold has entered into an arrangement with Gold Royalties Corporation, whereby Sandstorm will acquire all of its outstanding shares

February 15, 2015

Yamana green-lights Cerro Moro

Yamana Gold (NYSE:AUY, TSX:YRI) will start construction of its Cerro Moro gold-silver project in the southern Argentine province of Santa Cruz, the Toronto-based gold producer announced last week.

February 15, 2015

Manitoba bid to start potash mine met with skepticism

The Canadian province of Manitoba is wading into the potash industry that has proven so lucrative to its neighbour, Saskatchewan.

February 15, 2015

ZNA muscles in on rich platinum deal

Zimbabwe National Army has won a bitter struggle with the Ministry of Mines and Mining Development for the control of a lucrative $4.8-billion platinum mine.