India tries ‘unusual move’ to stop gold buying as Iran war bites forex
Indian Prime Minister Narendra Modi has asked Indians to stop buying gold jewellery for a year in a bid to protect foreign-exchange reserves, a move…
Politics
Blast from the Past: US deals blow to Canada over uranium contracts, Nov. 1959
Canada had become the world’s top uranium producer by 1958, with exports of the metal surpassing all others in value as Cold War demand surged….
BC miners wary of First Nation court rulings
British Columbia’s mining industry says the province is gaining momentum on major projects, but warned that regulatory uncertainty linked to Indigenous rights court rulings and…
Gold price drops from two-week high
Gold set a two-week high before noon Thursday on optimism over a U.S.-Iran peace deal before losing most of its gains late in the North…
Honda drops $15B Ont. EV plant: reports
Honda is indefinitely shelving its planned $15-billion (US$11-billion) electric-vehicle and battery complex in Ontario, a setback for Canada’s ambitions to build a domestic EV supply…
Gold price rebounds on US-Iran deal hopes
Gold bounced back on Wednesday to approach a two-week high, as optimism over a U.S.-Iran peace deal eased concerns over inflation and an extended period…
Dominican Republic halts GoldQuest gold-copper project after protests
Dominican Republic President Luis Abinader has ordered a suspension of all activity at GoldQuest Mining’s (TSX-V: CQC) Romero gold-copper project after mass protests over environmental…
Ottawa’s $6B skills push pits miners vs builders
Ottawa’s $6-billion (US$4.4-billion) push into skilled trades aims to ease a looming labour crunch, but it’s uncertain how much of the spending will reach mining…
Pakistan separatists unravel Barrick’s Reko Diq plans
Militant attacks in Pakistan’s Balochistan province are emerging as a central risk to the U.S.-backed resources push anchored by Barrick Mining’s (TSX: ABX; NYSE: B)…
Ontario to axe early-stage red tape, Lecce says
Ontario is preparing legislation this year to slash red tape on early-stage projects as it shifts its minerals strategy towards defence metals and backs Toronto’s bid to host a…
Will Iran war fuel nuclear reactor construction?
The war in Iran could usher in a wave of nuclear reactor construction similar to the one that followed the 1970s energy crisis, Cameco (TSX:…
Canada positioned for $200B clean energy boom, but faster approvals needed: report
Canada is well positioned to capture up to $200 billion in clean energy investments over the next decade, but how much of that opportunity gets…