There are an estimated 170 billion barrels of oil in Alberta’s oilsands, but getting them all out is proving to be a costly venture. As with the metal mining industry, mining for oil has been subjected to steep cost inflation over the…
Sunridge Gold (SGC-V) has outlined stronger economics for its prized Asmara copper-zinc-gold project in Eritrea in a feasibility study that outshines last year’s prefeasibility study.
Germany-based fertilizer giant K+S AG (SDF-F) has signed a co-operation agreement with Sasakawa Africa Association in an effort to help farmers in Uganda.
VANCOUVER – The merged Glencore Xstrata PLC (GLEN-L) was supposed to bear a board with directors from both predecessor companies, part of the attempt to portray the deal as a merger of equals instead of a takeover of Xstrata.
Canadian Natural Resources (CNQ-T) is moving along with its staged expansion at its prized Horizon oilsands project near Fort McMurray, Alberta, to boost the current production capacity to 250,000 barrels.
In a little over a year, partners Consolidated Woodjam Copper (WCC-V) and Gold Fields (GFI-N) have grown the inferred resource at the Southeast zone on their Woodjam property in the Cariboo region of central British Columbia from 146.5 million…
The S&P/TSX Venture Composite Index treaded water during the trading period despite a rally across North American stock markets. The Venture gained 0.2%, or 2.05 points, en route to a 966.73-point close, as commodity prices stayed soft and…
The B.C. mining community’s heartbreak over the early exit of the Vancouver Canucks from the Stanley Cup playoffs (so fast, fans didn’t even have time to loot the downtown core) has been soothed by the surprise majority win of the…
Centamin (CEE-T, CEY-L) fell 18% after it updated the market on its legal troubles surrounding its Sukari gold mine in Egypt’s Eastern Desert.
U.S. stocks performed well during the trading session, marking three weeks of gains.
Thompson Creek Metals (TCM-T, TC-N) is a go-to name in the molybdenum space, largely thanks to its namesake mine, which is the fourth-largest moly mine in the world.
The equity bull run was back on for the period, as the S&P/TSX Composite Index rose 109 points to 12,589.09.
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