Ontario to fuel Canadian mining’s post-pandemic recovery – report

But market was in small deficit according to study.

Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.

Permit allows Northern Dynasty to work in the area for the next 12 months, but it includes requirements for state inspections, as well as an unprecedented $2 million guarantee as back stop for exploration clean-up.

Activist investor Elliott's proposals to break up BHP are riddled with “major flaws” and could end up costing far more to implement than they would save, the company said.

New report says despite a slowdown in China, falling mine production will push lead prices higher over the next five years.

In addition to raising costs for miners and delaying certain projects, the focus on the amount of water used by the extraction industry in the region will boost social pressure and anti-mining sentiment, experts say.

Analysts expect BHP to argue that a demerged petroleum business would need to fund offshore growth projects by raising debt. It may also contend that a stand-alone division won’t have the same ability to defer production until oil prices improve.

Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.

2016 highlights: a year of breakthroughs and setbacks