B2Gold to produce 5m ounces of gold at Mali mine after $50m expansion
Average annual gold output would increase to more than 550,000 ounces in the five-year period 2020 – 2024, and over 400,000 ounces during the remaining seven years.
Potash Corporation of Saskatchewan Inc. (NYSE:POT) announced on Thursday that it was increasing the the company's quarterly cash dividend from 14 cents per share to 21 cents per share.
Baffinland's controversial and massive Mary River iron ore mine in the Qikiqtani Region of Nunavut —almost 500 kilometres inside the Arctic circle— continues to polarize residents as the $4 billion project awaits its final approval.
Canadian Stornoway’s Renard diamond project might not be ready by 2015 due to delays in the construction of the Route 167 extension from Chibougamau to the Otish Mountains.
Sinking global commodity prices have negatively impacted Canada’s North near-future mining outlook, but longer-term prospects for the industry in the three territories remain strong.
Canadian Barrick Gold continues to be at the centre of a local political controversy as Prime Minister Stephen Harper's chief of staff, Nigel Wright, is now the subject of a formal conflict of interest probe.
Massive layoffs are expected before the end of the month at Diavik, in Canada's Northwest Territories, as the diamond mine is set to close its open-pit section.