The Japanese trading house said reasons for offloading its interest in the Canadian mine included unstable operations, declining grades and increased risk of environmental liabilities.

Panama's government and First Quantum are negotiating a contract for the operations of the Cobre Panama mine.

Concern is growing over the federal government’s seeming inability to leverage Canada’s vast natural resource endowment as it navigates the uncertain global geopolitical and economic landscape.

Vale blamed seasonally higher rainfall levels in its mines in Brazil for missing its forecast.

Toronto-based Yamana inked a deal with the two miners after South Africa’s Gold Fields waived its right to match the rival bid.

Yamana shareholders have endorsed a $4.8 billion deal that sees Agnico consolidate the Canadian Malartic mine.

Total refined zinc output was 248,900 tonnes, below the lower guidance number of 257,000 tonnes.

Resource investors predict gold prices could hit record high this year