Proceeds will be directed towards Skeena's exploration of the past-producing Eskay Creek gold-silver mine in British Columbia's Golden Triangle.

The Fort Hills project will add 85,000 to 100,000 bbl/d to Suncor’s bottom line.

Billionaire mining magnate Andrew Forrest has boosted its offer to buy out Noront Resources.

The blockade, in place since Nov. 20, threatens to halt output at the Chinese-owned mine in southern Peru, which produces some 2% of the world's supply of copper.

The two sides are $8 a tonne apart on where they would like the treatment charge benchmark to be.

The battle over mining in Ayacucho is a flashpoint for the new government as well as for global metal markets that rely on Peru’s rich deposits.

Analysts said the move was not unexpected, although the timing was a bit sooner than some had anticipated.