Although the move was long anticipated due to his chronic ill health, it still felt surprising that Canada’s third-longest serving finance minister, Jim Flaherty, was finally resigning from cabinet after eight years in the post.
The Canadian government presented another gift to Canada’s mining industry with the signing of a new free-trade agreement with mineral-hungry South Korea.
The firm denial by the federal government on environmental grounds of Taseko Mines’ proposed New Prosperity open-pit gold–copper mine near Williams Lake, B.C., wasn’t a surprise to many in the market, as evidenced by most…
Gold prices are showing renewed vigour as March begins, with spot prices rising to four-month highs above US$1,340 per oz. at press time, building on the Valentine’s Day crossing of the US$1,300 threshold.
Mid-February has seen a fresh wave optimism sweep through the mining industry with respect to improved operating and financial performance from the largest mining companies, including BHP Billiton, Anglo American, Rio Tinto, Vale and a host of…
The steady-as-she goes federal budget tabled by the Conservative government on Feb. 11 drew praise from Canada’s business community, which was satisfied by the status quo being maintained on taxes, and the unofficial achievement of a…
Weep, weep for Canada’s corporate lawyers.
The free fall of the Canadian dollar, which has only accelerated in 2014, undoubtedly has the CFOs of Canada’s mining companies breaking out the spreadsheets and tallying up the pluses and minuses of the new, low-loonie environment.
The crisis for miners in Indonesia that quietly built up over late December has exploded in the new year, as miners active there grapple with sweeping new restrictions on exports of raw concentrates from the country.
It’s been a tough couple of years for the gold-mining industry, so some much-needed comic relief came along at just the right time in mid-January in the form of a purported unsolicited, all-cash, $7.50-per-share bid for U.S. gold miner…
A pillar of the Toronto mining community, Ed Thompson kicked off the new year by resigning from his many directorships in junior mining companies. As he tells The Northern Miner, part of the reason for doing so all at once was that he was…
The murky and often frivolous world of financial blogs showed its serious side in mid-December.
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