February 12, 2014

Canada’s 2014 budget kind to miners, extends 15% exploration tax credit

Other than the tax credit deferment, Canada's new budget doesn't include any significant changes for the country’s mining and metals industry.

February 12, 2014

AME BC responds to Federal Budget 2014

Mineral explorers welcome extension of mineral exploration tax credit.

February 12, 2014

Mosaic softens blow of major profit drop with $1 billion share repurchase program

The fertilizer producer has reported a 79% drop in profit in the last quarter of 2013

February 11, 2014

Cliffs cutting capital expenditures by 50%, laying off 500 employees

'Sharper capital allocation must drive our decisions,' CEO Gary Halverson said.

February 11, 2014

Fortune Minerals gets conditional environmental approval for Saskatchewan processing plant

The company jumped nearly 18% to trade at 43 cents per share on the Toronto exchange on Tuesday.

February 11, 2014

Gold idol: Killian Charles’ search for the next mining superstar

Killian Charles, a mining analyst with Industrial Alliance Securities in Montreal, was tired of hearing how gold companies were doomed to failure because of the listless gold price. So, he…

February 11, 2014

Miners avoided Quebec last year, investments plunged 34%

Total investment in the sector tumbled to $3.25 billion from $5.13 billion in 2012.

February 10, 2014

HudBay’s offer for Augusta aims to get a hold of US third largest copper mine

The $540 million hostile bid is open until March 19.

February 10, 2014

NASA begins accepting applications from privates to mine the Moon

Space Agency in search of potential business partners as US government denies further funding.

February 10, 2014

Marange may not be the world’s largest diamond producer for much longer

Marange is currently ranked the largest diamond producing deposit on earth, but its days seem to be counted.