October 31, 2014

Rio Tinto braces for $2.5bn Oyu Tolgoi writedown

According to The Times, Rio flagged the possibility of a writedown in August.

October 31, 2014

First ruby and pink sapphire mine coming soon to Greenland

True North Gems expects to start production towards the end of winter of 2015.

October 30, 2014

No dramatic turnaround in the near future, says Cabo Drilling

A 46% drop in revenues.

October 30, 2014

Goldcorp takes $36 million writedown on Mexican mine

Value of low-grade ore stockpile at the Peñasquito mine dropped, raising average costs by $64/oz. and negatively affecting adjusted earnings by $0.04/share.

October 30, 2014

Barrick boosts ties with China, names Woo Lee as regional leader

Woo served as a U.S. State Department representative in Asia for about 15 years with postings in countries including China, Japan and Australia.

October 30, 2014

BHP sends mixed signals on potash plans

Investors are uncertain about BHP Billiton Ltd.’s ambitions in the potash space, especially when it comes to its massive Jansen project in Saskatchewan.

October 29, 2014

Space miner loses first satellite in rocket explosion

The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.

October 29, 2014

Nova Scotia to use fracking waste at cement plant

Five million litres of wastewater will be disposed at the Brookfield-based plant following a successful pilot project earlier this spring.

October 28, 2014

Reports highlight significant economic impact of mining sector

Two independent reports, funded in part by Ontario, highlight the significant economic impacts -- including job creation -- of the province's mineral sector activity, and provide advice on how to…

October 28, 2014

Canada’s oil sands group commits to environmental impact reduction

The head of a group of Canadian oil sands producers, including some of the world’s biggest energy companies, said Monday that the consortium has committed to reducing the use of…