August 2, 2013

Barrick backs Pascua-Lama despite $5bn charge

Miner did not rule out the possibility of partnering with another company or a government to help finance the project.

August 1, 2013

Former geologist allegedly tipped off wife, engaging in insider trading: BCSC

Inside trading allegations made after a former geologist allegedly shared insider information with his wife pertaining to a company he worked for as a consultant.

August 1, 2013

A Canadian economic powerhouse

Of the world’s public mining companies, 58% are listed in Canada.

August 1, 2013

Mad scramble for shares of Canadian lithium junior

Critical Elements Corporation is developing a hard-rock lithium and tantalum mine and plant in northern Quebec.

August 1, 2013

Avalon Rare Metals onwards and upwards

Toronto explorer is up 57% in a month as development of its $1.5 billion heavy rare earth project in northern Canada remains on track.

August 1, 2013

TransCanada going ahead with west-east oil pipeline

It will move 1.1 million barrels of crude per day from Alberta to New Brunswick

August 1, 2013

Barrick keeps hurting: about $13 billion written off this year and a $8.6bn loss

In the wake of lower prices for gold and copper.

August 1, 2013

Kumtor mine boosts Centerra Gold’s quarterly results

The company is continuing negotiations with the Kyrgyz government about a possible restructuring to resolve all outstanding concerns relating to the Kumtor mine.

August 1, 2013

HudBay: another casualty of weak metals prices announces millions in losses

$59 million drop in total revenue compared to Q2 2012.

July 31, 2013

Kinross posts $2.4 billion net loss in Q2

$2.29 billion non-cash write-down and Tasiast mine expansion on hold.