November 6, 2015

Regulator to weigh on Suncor attempts to take over Canadian Oil Sands

Suncor steeped up its hostile Cdn$4.3bn bid for COS by asking the Alberta Securities Commission to strike down the target’s rights plan to prevent a takeover.

November 6, 2015

Gold prices are collapsing on surprisingly strong US jobs data

Blame Fed Chair Janet Yellen, as she said earlier this week that a rate hike in December was a “live possibility” if the economy continued to perform well.

November 6, 2015

Endomines will adapt to the current gold price by introducing Selective Mining in order to improve profitability

During 2016, the company intends to mine and process approximately 125,000 tonnes of high-grade ore.

November 5, 2015

Dismal German factory data drops copper price

Copper price drops 3% to near 2009-levels after manufacturing orders from world's top machinery exporter plummets.

November 5, 2015

Enbridge warns Line 9 pipeline holdups to hurt 2015 earnings

The company, Canada’s largest pipeline operator, reported a loss in the third quarter driven by both delays in completing its Line 9 project and one-time charges.

November 5, 2015

Latin America’s mining industry remains optimistic — report

Most mining companies and financiers active in Mexico, Central and South America continue to explore, develop and operate projects despite current market conditions.

November 5, 2015

The state of the diamond mining industry going into year-end 2015

So far in 2015, the state of the global diamond industry has been closely aligned with the posture of the global economy, as it so often is, and should be.

November 5, 2015

Randgold profit tumbles despite record gold production

The firm, debt-free despite current market conditions, mined a record 305,288 ounces in the third quarter, up from 299,320 a year earlier.

November 5, 2015

Old Nova Scotia tin mine could resume production in a few years

Avalon Rare Metals expects to publish the project's Preliminary Economic Assessment by the end of the month.

November 4, 2015

Why Austria is repatriating gold from London

Many central banks around the world are aware the international monetary system is moving away from the US dollar and that the role of gold will (officially) be much greater…