European miners enter bear market with more pain seen for sector

A majority of Canadians overestimate the contribution the oil sands make to the world’s 11th largest economy, a study published Friday reveals.

Minister of Mines and Energy Isak Katali said the idea is to give diamond dealers and manufacturers the opportunity to buy directly from locals.

As members pay per ounce of metal produced, both companies said they had to look at the cost-benefits of staying in the organization.

Deal will allow North River to fast-track the development of its flagship lead and zinc mine.

Sale of Candelaria mine could raise several billion dollars, according to people familiar with the matter quoted by WSJ.com.

Equipment sales in the Asian country are already 20% below expectations.

Positive U.S. jobs data released Thursday appeared to have little effect.

In an email to staff the company's coal chief executive, Peter Freyberg, revealed details of tax payments.

CEO Mark Bristow, who is hoping for one last major find before retiring.