April 23, 2014

Night of the living dead miners: rare earth ‘zombies’ attack ASX, TSX

In 2010, rare earth and specialty metals market froth had speculators throwing money at a sector they didn't understand, and opportunistic resource company managers stepped up to take their money.

April 22, 2014

Teck invests further in Halifax’s Erdene to expand copper exploration in Mongolia

Erdene Resource owns the Altan Nar gold-polymetallic project, located in southwest Mongolia, 200 kilometres from the border with China.

April 22, 2014

Teck to axe 600 jobs, postpones Quintette coal mine restart

Weak commodity prices hurt Teck's three core business units —coal, copper and zinc— but coal was particularly hard hit due to increased supply from Australia, the company said.

April 21, 2014

Why energy is catching the market’s eye

Value stocks rarely outpace the market as much as growth stocks do.

April 21, 2014

Suncor Energy employee dies from severe injuries in oil sands

Suncor said it is working with the RCMP and Alberta Occupational Health and Safety to complete a full investigation into the incident.

April 21, 2014

Diamonds may be forever, but current prices are not— experts

Despite billions spent on exploration, only around 30 significant diamond mines are currently in production.

April 21, 2014

Caterpillar to sell its Rantigny plant in France

Over the past year, Caterpillar has closed or announced plans to shutter several plants in the US, Canada and Europe.

April 21, 2014

Canada to lose 695 coal mining jobs in same province bringing Chinese workers

While Walter Energy shuts down two coal mines, leaving hundreds unemployed, HD Mining International plans to bring up to 480 Chinese workers to British Columbia.

April 20, 2014

Gold mining comes back to Nova Scotia

The Canadian province has experienced three relatively short-lived gold rushes over the past 150 years, but the persistent issue has been profitably. Now, the problem seems finally resolved.

April 19, 2014

How miners kept their big machines running during the downturn

When we come out of this, Canadian miners will be well-positioned world wide.