February 14, 2014

Ontario hires Deloitte to push forward Ring of Fire development

Despite the fact that a major stakeholder has iced the project.

February 14, 2014

Nautilus Minerals goes hard on PNG gov’t over Solwara 1 dispute

The seafloor miner revoked Papua New Guinea’s right to a 30% in its flagship project Solwara 1, and is now seeking undisclosed damages.

February 14, 2014

Gold sector nightmare not over: price drop forcing them to slash reserves

Despite extreme measures taken by gold miners to balance their books, the sector continues to suffer the aftermath of last year’s precious metal price nosedive.

February 13, 2014

Teck down after announcing 44% profit hit

Lower prices for key products.

February 13, 2014

Transmission line agreement boosts Alderon

Up 7.94%.

February 13, 2014

Barrick takes massive US$2.8 billion charge on mines, lowers gold reserves

Net loss for the entire year climbed up to a monster $10.37 billion.

February 13, 2014

Rio’s Walsh delivers: 15% dividend hike on higher than expected second-half profit

The miner has been among the most aggressive cost-cutters and plans to find a further $3 billion in savings this year.

February 12, 2014

Kinross reduces gold reserve estimate by 33%

Share price drops 4% on Wednesday.

February 12, 2014

Face off: Cliffs and major shareholder in public debate over company’s future

The miner's negotiations with one of its major shareholders has turned ugly.

February 12, 2014

Canadian oil could help fuel India

Husky Energy told analysts on Wednesday that the company had sold one million barrels of crude from its White Rose operation to an Indian refinery.