Diamonds





The hill where Euromax Resources' Ilovica copper-gold porphyry lies, beyond the villages of Ilovica and Shtuka in Macedonia.Credit: Euromax Resources

Euromax sees a bright future for mining in Macedonia

It’s full steam ahead for aspiring miner Euromax Resources (TSXV: EOX) in Macedonia, as the company positions its Ilovica copper-gold porphyry deposit, 15 km west of the border with Bulgaria, to become the European country’s first…


Dominion Diamond's majority-owned Ekati diamond mine in the Lac de Gras region of the Northwest Territories.Credit: Dominion Diamond

Short-term challenges remain for diamond sector

The long-term outlook for the diamond market is positive — with demand expected to outpace supply starting in 2019 — but in the short-term, the outlook remains challenging, the Antwerp World Diamond Centre and Bain & Co. state…


TSX posts small gains, Dec. 18-22

The Toronto stock market ended in positive territory, with the S&P/TSX Composite Index gaining 0.5% to close at 13,082.86. The S&P/TSX Global Mining Index climbed 4.5% to 43.70, while the S&P/TSX Capped Diversified Metals &…


A screen shot of the wreckage caused by a large-scale tailing dam breach at the Samarco iron-ore joint venture in Brazil's Minas Gerais State. Source: YouTube

Editorial: Top stories of 2015

Phew, was 2015 a tough year for miners! As we look back and tie a bow around the fourth year of the downturn in commodity prices and the mining sector, we see an industry in defensive mode, spending more time and energy reacting to harsh,…



Processing facilities at Anglo American's Los Bronces copper mine in Chile. Credit: Anglo American

Anglo American’s radical rethink

VANCOUVER — Anglo American (US-OTC: AAUKY; LSE: AAL) intends to shrink the number of its employees by 63%, suspend its dividend, and close, sell or mothball its cash-flow negative assets to adapt to deteriorating market conditions.




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