The price oil sands producers receive improved to $34.50 a barrel below the international benchmark on Thursday after a 7.4% overnight spike, close to its best level for the year and a 50% improvement from the multi-year lows struck at the beginning of March.
Lake Shore Gold Corp. (TSX:LSG)(NYSE Amex:LSG) ("Lake Shore Gold" or the "Company") today announced that the Company has entered into an agreement (the "Agreement") with Sprott Resource Lending Partnership ("Sprott") for a credit facility (the "Facility") totaling up to $70 million.
More than one billion people watched the rescue of 33 Chilean miners from a collapsed mine in 2010. Today, one of them has decided to venture underground for the first time since the accident during a tour to a Saskatchewan potash mine.
MINING.com reported on how opponents and proponents of hydraulic fracturing were using videos and infographics to argue their case. Now a London jeweler, Ingle and Rhode, is taking on the Kimberely Process and using an infographic to explain why, according to the company, that the standard is not up to snuff.
Overall, only the stock indices of Spain and Portugal's top companies fared worse than Toronto's S&P/TSX-60. But in the group of resource-heavy exporting countries Canada's stock market came in stone last.
Premier Gold Mines (TSX:PG) has taken the Cove Gold Project off the hands of Victoria Gold Corp. (TSX-V:VIT) for US$28 million in cash and stock and another $20 million in future gold production.
Widely circulated reports that the 88-year old were fighting for his life in a Singapore hospital were deemed to be "lies meant to destabilise Zimbabwe," according to a spokesman.