Diamond miners likely to cut prices further in 2016 to lift demand — Moody’s

Takeovers and mergers in the global mining sector has slowed radically this year as a result of lower commodity prices, but Canadian companies continue leading worldwide mergers and acquisitions.

Overall activity in the supply pipeline declined only slightly in July and August, said Thursday Halifax-based Metals Economics Group’s (MEG), as downward pressure due to ongoing financing difficulties was again mitigated by strong numbers of initial resource announcements and drilling activity.

North American potash selling consortium, Canpotex, will be shipping larger amounts of the fertilizer to Indonesia after the five-year potash supply deal signed Tuesday between the offshore selling agency and Southeast Asian buyers.

Despite the controversy generated by China National Offshore Oil Corp's proposed $15.1 billion takeover of Canadian oil producer Nexen, Thursday’s shareholders vote is seen by industry experts as a mere formality.

A controversial project to mine Brazil's vast indigenous territories in the Amazon, to be presented at the South American country’s Congress in October, has revived a long-dragged confrontation among authorities, environmentalists and local communities.

Mining giant Rio Tinto has decided to target the Indian marriage gifting market with its “Nazrana” brand of gem-based jewellery in an effort to boost its depressed division.

Greenland could become the next global mining frontier, as global warming uncovers precious metals from glacial surroundings, states new research by natural resources experts GlobalData, a UK-based global business intelligence provider.

Canadian Centerra Gold said Wednesday that its Boroo open-pit gold mine, located in Mongolia, has received regulatory approval for its heap leach facility, allowing the company to resume operations at the plant.

Goldcorp, one of the top producers of the precious metal, expects mergers and acquisitions in the sector to increase in the coming months.