Takeovers and mergers in the global mining sector has slowed radically this year as a result of lower commodity prices, but Canadian companies continue leading worldwide mergers and acquisitions.
A controversial project to mine Brazil's vast indigenous territories in the Amazon, to be presented at the South American country’s Congress in October, has revived a long-dragged confrontation among authorities, environmentalists and local communities.
Nautilus Minerals shot up 9.5% on Wednesday as investors digested the maiden mineral resource estimate for the company's polymetallic nodule project in 4-6km deep water in the central Pacific Ocean.
Greenland could become the next global mining frontier, as global warming uncovers precious metals from glacial surroundings, states new research by natural resources experts GlobalData, a UK-based global business intelligence provider.
Canadian Centerra Gold said Wednesday that its Boroo open-pit gold mine, located in Mongolia, has received regulatory approval for its heap leach facility, allowing the company to resume operations at the plant.
Latin American-focused Canadian miner B2Gold said Wednesday it will buy CGA Mining for $1.1 billion to gain access to the Masbate mine, the largest operating gold project in the Philippines.
They don’t often see eye-to-eye, but representatives of the Chilean and Peruvian governments have agreed to work together to attract declining investment to their copper mining sectors, and also increase their respective production.