October 23, 2017

UNEP urges mining companies to better manage tailings facilities

The agency is urging mining companies to put safety first and avoid erecting dams using methods that are known to be high risk.

October 22, 2017

Cenovus sells Palliser oilfield for $1.3 billion

Cenovus Energy (TSX, NYSE:CVE) last week unloaded another key asset.

October 20, 2017

New tool helps industry collect and share geoscience data

PDAC gearing up to launch Exploration Assessment Digital Data Formats guidelines, a practice expected to improve Canadian mine exploration discovery rates.

October 20, 2017

Acacia Mining takes further revenue hit, reviews Barrick-Tanzania deal

Chief Financial Officer Andrew Wray said the company doesn't even have the ability to make the upfront $300 million payment Barrick has promised to the government of Tanzania as part…

October 19, 2017

Canadian company announces plan to open cobalt mine, refinery in east Idaho

Total initial capital cost is estimated at $187 million with additional sustaining, reclamation and closure costs of $101M totaling $288 million.

October 19, 2017

Barrick to give Tanzania stake in mines, $300 million to end dispute

The deal does not mean Tanzania will immediately lift the demand for Barrick's subsidiary Acacia Mining to pay $190 billion in allegedly unpaid taxes.

October 18, 2017

Canadian Mining Hall of Fame welcomes four new inductees for 2018

Bob Gannicott, Ross Beaty, Terry MacGibbon and Ed Thompson to be honoured at 2018 CMHF annual dinner and induction ceremony.

October 18, 2017

Trio of firm’s mines log strong performance in Q3/17

Hecla Mining Co.'s Q3 production of silver, lead and zinc exceeded BMO's expectations, whereas that of gold reached the anticipated level.

October 18, 2017

Scotiabank to offload gold trading unit

Chinese buyers are rumoured to be the key targets of the sale.

October 18, 2017

Canada’s oil sands survive, but can’t thrive in a $50 oil world

Canada’s oil sands producers are stuck in a rut.