Canada Top Stories

B2Gold to invest $50 million in Fekola mine expansion

It could take the Malian mine gold output to 7.5-million…

SNC Lavalin ‘appalled and surprised’ as Codelco cancels $260m contract

SNC says it had recently updated Codelco on the status…

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Collapse in Canadian mining deals in midst of global uncertainty

While 2011 was a near-record year for mining mergers and acquisitions (M&A), with over 2,600 deals worth $149 billion in the global mining sector, 2012 is not looking so good, at least not for Canada. The value of mining M&A tumbled 50% in the first quarter compared to the prior three months, with only one deal over $1 billion, said KPMG in a report.