During its successful 2014 election campaign, Quebec’s Liberal Party vowed to revive Plan Nord — a cherished blueprint for opening up the province’s vast northern mineral wealth for development. Brainchild of former Liberal…
Thermal coal prices recently touched a five-and-a-half-year low of US$62.25 per tonne, and the market has seen several mining companies announce plans to sell coal assets or take on partners to weather the downturn.
Rio Tinto (NYSE: RIO; LSE: RIO) has approved the development of a US$350-million A-21 kimberlite pipe at its 60%-owned Diavik mine, 300 km northeast of Yellowknife.
Boding well for its upcoming quarterly financial results, Dominion Diamond’s (TSX: DDC; NYSE: DDC) third-quarter production and sales figures beat market expectations, sending its share price up $1.35, or more than 8%, to $17.73.
As the daylight hours shorten and winter chill takes hold of the iron ore mines and surrounding communities in the Labrador Trough, it’s as good a symbol as any of the deep freeze that is engulfing the global iron ore market, as spot…
Lukas Lundin is bullish on diamonds. The famed mining mogul and chairman of Lucara Diamond (TSX: LUC) sees rising demand and a lack of new discoveries as underpinning the healthy…
It’s been nearly two years since Dominion Diamond (TSX: DDC; NYSE: DDC) picked up a majority interest in the Ekati diamond mine from BHP Billiton (NYSE: BHP; LSE: BLT) for…
With Gahcho Kué and Renard now officially under construction, I think it’s fair to say that in four years’ time, Canadian diamond production will look significantly different than it does…
Better-than-expected corporate earnings and easing concerns about the Ebola epidemic despite news of the first case of the disease diagnosed in New York City drove U.S. equities higher during the trading week. The Dow Jones Industrial Average…
Mining companies struggling to cut cash costs have caught a welcome break in September and October, as global oil prices have fallen sharply to two-year lows.
Other diversified mining giants have had second thoughts about diamonds, but Anglo American (US-OTC: AAUKY; LSE: AAL) never seemed in doubt about its interest in De Beers — the world’s largest diamond miner by value.
Over the last two years, the management team at Talon Metals (TSX: TLO; US-OTC: TLOFF) looked at more than 700 projects before it found one that it believed could be a company-maker.
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