Stantec to boost oilsands mining operations and reclamation exposure with acquisition of Norwest

Costs and challenges for mining the Arctic, meanwhile, on their way up.

Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.

About 500 workers will lose their job.

A perforation made in a subterranean water source had flooded the underground mine late Thursday.

True North Gems expects to start production towards the end of winter of 2015.

The application allows users to view selected coal mining information on a smart phone or tablet.

The miner blamed low metals prices and productivity inefficiencies for the decision.

Over 500 rescue personnel, two planes, three helicopters, 25 ambulances and 97 other vehicles continue to carry out the search and rescue work.

Asset bubbles go as far back as finance and speculation themselves. In the past, there have been bubbles in everything from tulips to railroads that have made or broke fortunes.