February 25, 2011

Leap in profits for Iamgold as gold production rises

Iamgold's Q4 profit jumps to $144.9 million as production rises 35%. Iamgold Corp said on Thursday its fourth-quarter profit rose as increased gold production and higher gold prices helped boost…

February 25, 2011

Native group hits back at Taseko over revived mine plan

The chief of the Canadian First Nation at the centre of the controversial Prosperity Mine in north-central British Columbia lashed out at the […]

February 24, 2011

Mineral explorers celebrate Northwest Transmission Line approval

Today the Association for Mineral Exploration BC (AME BC) celebrated the environmental approval of the Northwest Transmission Line project. The BC Environmental Assessment Office has granted BC Hydro an environmental…

February 24, 2011

Rio’s Zimbabwe diamond unit output up 43% in 2010

Rio Tinto’s Zimbabwe diamond unit  is showing a 43 percent increase in output, Reuters Africa is reporting: Diamond output from global miner […]

February 24, 2011

Ekati diamond fetches record price

CBC News is reporting that a huge diamond from the Ekati mine in northern Canada was auctioned off in Belgium for $6 […]

February 22, 2011

Taseko makes new bid for Prosperity

Taseko Mines submitted a new plan for its Prosperity project on Monday, saying it has addressed environmental concerns that saw its last plan rejected by the Canadian federal government.

February 21, 2011

Quebec Cree sign agreement with Goldcorp

The Cree Nation and Goldcorp Inc. have signed a cooperation agreement over the Éléonore gold project in the province of Quebec, Canada. Under the agreement, signed on Monday, Goldcorp recognizes…

February 20, 2011

Transporting raw oilsands’ bitumen poses substantial risks, says report

Diluted bitumen from the oilsands can pose a substantial risk when carried through pipelines, says the Natural Resources Defense Council in a report released this week. "Increasingly, pipelines transporting tar…

February 20, 2011

Potash inventories tighten in January

PotashCorp said on Tuesday that inventory in January was down 84,770 tonnes, about 24% below the previous five-year average. PotashCorp produces approximately 23% of the world's supply of potash. It is…

February 20, 2011

TMX Group and LSE deal is “unacceptable”

Diane Francis, writing for the Financial Post, is withering in her denuciation of the proposed takeover of the TMX Group by the London Stock Exchange. She calls the deal "unacceptable"…