MINING.COM

Suncor Energy and Fort McKay First Nation announce agreement for equity partnership in East Tank Farm Developments

Under the terms of the agreement, Fort McKay First Nation will pay 34.3% of the actual capital cost of the East Tank Farm Development once the assets become operational, which is currently anticipated to be in the second quarter of 2017.

Suncor | September 6, 2016 | 9:46 am

Eldorado Gold exits China, sells Jinfeng mine for $300 million

The move marks the Vancouver-based miner exit from China.

Cecilia Jamasmie | September 6, 2016 | 8:18 am

Caterpillar to close Belgium plant, lay off 2000 workers

The possible plant closure, which could cost around 2,000 jobs, is part of a global restructuring plan announced in September that could see CAT cutting as many as 10,000 jobs globally in the coming years.

Cecilia Jamasmie | September 2, 2016 | 6:00 am

Canada’s Enbridge drops Sandpiper crude oil pipeline

The $2.6 billion project for a pipeline from North Dakota to Wisconsin will be on hold until market conditions improve.

Cecilia Jamasmie | September 2, 2016 | 2:19 am

Analyst downplays Galane Gold’s June profits, company responds

‘Troubles in paradise’ forecast for Botswana’s sole gold miner.

Valentina Ruiz Leotaud | September 2, 2016 | 1:15 am

Barrick appoints new exec to restart Argentine side of Pascua-Lama

George Bee will assume as vice president of the Argentine side of the project effective Sep. 12.

Cecilia Jamasmie | September 1, 2016 | 4:45 am

Why Wall Street is throwing billions at the Permian

The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas.

Oilprice.com | August 31, 2016 | 9:59 am