Osum Oil Sands to double capacity at Alberta site

Despite a mainly negative sentiment towards gold from investors as evidenced in the continued liquidation in gold-backed exchange-traded funds amid signs of an improving U.S. economy, the crisis in Ukraine has prompted in recent safe-haven buying which helped boost the price of gold to three-week highs above $1,300 an ounce.

While the mining industry seems to be on its way up, cash-strapped juniors continue to struggle.

Copper has gained an increasingly important role in Glencore Xstrata's portfolio since last year’s mega merger.

Last year's top earner was a coal miner who ended the year $15 million in the black.

Colombian authorities have ruled out the chance of finding any survivors.

So far this year Mexico has seized more than 200,000 tonnes of illegal iron ore, most of it on its way to China.

There has been a lot of talk about private equity ‘circling’ the mining space, however little has come to fruition.

“I care about the environment and social issues as much as any of those people that sometimes are opposing mining projects because I think there is a tremendous contribution that this industry can make.”

Colombian rescuers continue Friday looking for more than a dozen people feared trapped beneath debris left by in the collapse of an illegal gold mine.