Russia and CIS

Simon Houlding (middle) accepts the 2015 Vale Medal for Meritorious Contributions to Mining from the Canadian Institute of Mining, Metallurgy and Petroleum in May. Credit: EduMine

EduMine’s Simon Houlding wins Vale medal

Growing up in Zimbabwe after World War II, completing an engineering degree at the University of Witswatersrand in Johannesburg, and working at Jones & Wagener, a specialist firm of consulting engineers and scientists based in South Africa,…


"The Aussie dollar has weakened so much that Australian coal that previously was at the borderline of being profitable, is now profitable," Sultoon says. Image: BHP Billiton

Coal sector woes expected to accelerate, experts say

With coal prices sitting at multi-year lows, almost 17% of coal production this year in the U.S. could be at risk of idling or closure, as total cash costs plus sustaining capital expenditures exceed current market prices, Wood Mackenzie says…


Equipment in the pit at Kinross Gold's Tasiast gold mine in Mauritania. Credit:  Kinross Gold

Kinross defers Tasiast mill expansion

Kinross Gold (TSX: K; NYSE: KGC) has put its US$1.6-billion Tasiast mill expansion project on hold to keep its balance sheet intact in the current low gold price environment, with at least one analyst thinking the firm is considering other…


A historic headframe at Premier Gold Mines' Hardrock gold project in Ontario. Centerra Gold can earn a 50% stake in the project by investing up to $300 million. Credit: Premier Gold Mines

Centerra joins Premier Gold at Trans-Canada

Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has brought in Centerra Gold (TSX: CG; US-OTC: CAGDF) as its joint-venture partner for its flagship Trans-Canada property, including its advanced Hardrock gold project, in the Geraldton-Beardmore…


James Kindon, ENRC group compliance officer.

Mining industry revisits anti-corruption procedures

Mining companies should take note of Canada’s stricter penalties and more aggressive enforcement of anti-corruption laws and make sure their anti-bribery compliance procedures are up to speed, lawyers, forensic accountants and mining…


The historic MacLellan headframe at Carlisle Goldfields' Lynn Lake gold project in Manitoba.  Credit: Carlisle Goldfields

Two suitors court Carlisle

Just two days after the ink dried on a binding joint-venture agreement between Canadian gold miner AuRico Gold (TSX: AUQ; NYSE: AUQ; CGJ) and Carlisle Goldfields (TSX: CGJ; US-OTC: CGJCF) on the junior’s Lynn Lake project in Manitoba,…



A bucket-wheel excavator at BHP Billiton's Klipspruit thermal coal mine in South Africa. Credit: BHP Billiton

China moves to restrict imports of low-quality coal

A week before the United Nations Climate Summit kicked off in New York, China’s National Development and Reform Commission (NDRC) released a directive on coal stating that the country would restrict imports of low-quality coal in certain…




TSX surges, June 2-6

The Toronto stock market had a strong run during the trading week, with the S&P/TSX Composite Index gaining 234.74 points to 14,838.90, as investors digested the positive U.S. employment data while shrugging off the lacklustre Canadian jobs…


Centerra threatens to shut down Kumtor

Centerra Gold (TSX: CG) said that it would start shutting down its Kumtor gold operation in Kyrgyzstan if it doesn’t receive approval for its 2014 mine plan and related operating permits by June 13.


By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more. 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