February 16, 2013

Coal mining brought $3.2 billion to BC in 2011

Canada is the third largest exporter of metallurgical coal in the world (after Australia and the United States), shipping most of the 27 million tonnes of metallurgical and thermal coal…

February 16, 2013

Canada’s BC government faces legal action over gold mine rejection

“They can do what they want,” said Energy and Mines Minister Rich Coleman.

February 16, 2013

Chinese infrastructure giant eyeing Canadian gold

Sona Resources says it has brought a Chinese engineering, procurement and construction firm, China Machinery Engineering, on board to help arrange financing for a gold mine restart in BC.

February 16, 2013

Goldcorp finishes 2012 strong with record quarterly production

Company puts out 700,400 ounces of gold with revenues of $1.4 billion in its fourth quarter.

February 15, 2013

Billionaire George Soros slashes exposure to gold

Soros dumps gold-related investments

February 15, 2013

What stocks I’m buying right now

Canada has a seasonality for oil and gas stocks.

February 15, 2013

The worst mining deal ever: Rio Tinto buying Alcan for $38.1B

Rio Tinto paid a 65% premium.

February 14, 2013

Panoro Minerals presents an exciting peek at Peru

This would appear to be the Canadian mining movement in South America at its best.

February 14, 2013

Barrick Gold suffers $4.2 billion writedown

The hefty impairment charge reflects higher-than-anticipated operating and sustaining capital costs at Lumwana.

February 14, 2013

Rio Tinto smashed by largest ever loss, new CEO vows cuts

The mining giant provided investors with a sour Valentine’s treat as it posted a $3 billion loss, its first ever full-year loss.