News

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…


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,…


Al Sexton (left), project manager, and Joseph Campbell, TerraX Minerals' president and CEO, at the Yellowknife City gold project in the Northwest Territories.  Credit: TerraX Minerals

TerraX lines up new gold targets for 2016

VANCOUVER — There’s certainly no lack of high-grade gold targets for TerraX Minerals (TSXV: TXR) to shoot for at its Yellowknife City gold project, located in a district it refers to as “Canada’s last undeveloped…



Barkerville Gold Mines senior geologists Maggie Layman (left) and Wanda Carter stand next to high-grade intercepts from the BC Vein at the Barkerville Mountain gold project in south-central British Columbia. Photo by Lesley Stokes

ICYMI: The most-clicked stories of 2015

In good times and bad, there’s never a shortage of fascinating stories in our industry. In case you missed any of them, here are the most-clicked stories of 2015, in descending order of popularity:



Coeur Mining bought the Wharf gold mine (shown) in South Dakota from Goldcorp in early 2015 for US$105 million. Credit: Coeur Mining

A sobering look at gold M&A since 2010

Raymond James analyst Phil Russo has reviewed 67 mergers and acquisitions (M&A) in the gold space since 2010 to determine how many are viable producing, developing and streaming deals. He has found that 40% of transactions would not recoup…


Tesla Motors   has signed a conditional agreement with joint-venture partners Bacanora Minerals   and Rare Earth Minerals    to secure long-term resources from the juniors' Sonora Lithium project, 180 km northeast of Hermosillo in northern Mexico's Sonora state. Credit: Bacanora Minerals

Patricia Mohr names lithium as one of top picks for 2016

Most mined commodities declined in price this year, but spot prices in China for lithium carbonate actually increased, rising 15% year-on-year to as high as US$7,500 per tonne, making it one of Patricia Mohr’s top picks for 2016.


NGEx Resources' Filo del Sol silver-copper-gold exploration project in western Argentina's San Juan province, 140 km southeast of the city of Copiapo, Chile.Credit:  NGEx Resources

Blue sky for NGEx at Filo del Sol

NGEx Resources (TSX: NGQ; US-OTC: NGQRF) has bulked up the resource at its Filo del Sol silver-copper-gold deposit, located in Argentina’s San Juan province, and is taking a step back to evaluate how to expand the epithermal system’s…



Northquest CEO Jon North (second from left) with colleagues at the Pistol Bay gold project, near the town of Whale Cove in eastern Nunavut. Credit: Northquest

Nordgold raises stake in Northquest

As Canadian mining companies look inward, licking their wounds from the prolonged rout in commodity markets, a Russian gold producer with nine operating mines and heaps of cash has exercised warrants above market price to take a majority stake…


The concentrator building at the now-shuttered Bloom Lake iron ore mine, photographed in 2010 when it was in operation. Credit: Consolidated Thompson Iron Mines

Champion Iron buys Bloom Lake for $10.5M

Champion Iron (TSX: CIA; ASX: CIA) is taking advantage of the commodities crash to snatch the shuttered Bloom Lake iron ore mine in the Labrador Trough for a fraction of its previous purchase price.


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close