Caterpillar Inc. (CAT-N), the world’s largest maker of construction and mining equipment, has agreed to buy Bucyrus International (BUCY-Q) in a deal worth US$8.6 billion (including debt) or US$7.6 billion in aggregate.
The TSX composite index fell 175.87 points or 1.4% to finish the Nov. 8-12 trading week at 12,749.24, while the Capped Metals & Mining index slid 48.02 points or 3.62% to close at 1,280.02. One hundred and forty-two companies reached new…
SITE VISIT CARMACKS, YUKON — Western Copper’s (WRN-T) Casino gold-copper- molybdenum deposit in the Yukon is huge. Standing atop the hill in its centre, the bright orange flags that mark…
VANCOUVER — The Canadian government has rejected BHP Billiton’s (BHP-N) US$39-billion hostile takeover bid for Potash Corp. of Saskatchewan (POT-T, POT-N).
VANCOUVER — The federal government has decided to block Taseko Mines (TKO-T, TGB-X) from developing an open-pit mine at its Prosperity copper-gold project in central British Columbia, citing “concern…
VANCOUVER — Higher molybdenum prices and increased output helped Thompson Creek Metals’ (TCM-T) increase third quarter revenue and profits while it continues to advance the recently acquired Mt. Mill…
VANCOUVER — Agnico-Eagle Mines (AEM-T, AEM-N) reached record gold production, revenue and net income in the third quarter, the result of several years of work commissioning no less than five mines.
While Namibia has become more known for uranium and diamonds in the mining world over the years, Auryx Gold (AYX-T) is looking to prove the country can hold its own in the gold department as well.
The first week of November was a huge one for news hounds, with exciting new developments in mining, money and politics in Canada and around the world.
Pierre Pettigrew carved out a reputation as one of Canada’s savvier ministers during his time spent as both the minister of foreign affairs and international trade.
The following is joint statement released by the Prospectors and Developers Association of Canada and the Mining Association of Canada in response to the defeat of Bill C-300, a private members bill, …
The TSX composite index responded well to quantitative easing south of the border. The index was up 219 points for the Nov. 1-5 period, finishing at 12,944.92.
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