CP Rail strike stops freight, govt may step in

Locomotive engineers and conductors at Canadian Pacific Railway walked off the job on Wednesday after contract talks broke down, shutting down freight operations on Canada's second-biggest railroad. As some customers began seeking alternatives to...

Canada producer prices edge up on petroleum, coal

Canadian producer prices rose by 0.2% in March from February, pushed up by higher prices for petroleum and coal products, Statistics Canada said on Monday. The increase was less than the 0.3% advance predicted by market operators. Raw material...

Canada unveils plan to streamline environmental reviews

Canada on Tuesday unveiled a plan to streamline the review process for significant economic projects, such as pipelines and mines, in a bid to contend with other resource-rich countries. Natural Resources Minister Joe Oliver said demand from...

Flaherty's Budget leaves mining industry mostly smiling

Canada Finance Minister Jim Flaherty on Thursday announced another year’s extension to the 15% tax credit for investing in mineral exploration, much to the delight of the industry. Also pleasing to resource developers, in a Budget that placed...

KGHM clears Canada's net benefit test for Quadra bid

Ottawa has given Polish copper miner KGHM’s acquisition of Vancouver-based Quadra Mining the nod, clearing the way for the deal to close in the first week of March. The target firm’s shareholders voted in favour of the C$3-billion bid last...

Govt stops lacerate platinum, supply ebb may boost price, palladium deficit forecast

Government-enforced safety stoppages at South African platinum mines is lacerating production; the platinum supply ebb is seen as positive for platinum prices; and palladium may be in short supply.

HudBay takes up 10% in Northern Shield

Northern Shield Resources soared 16% higher on the TSX-V on Thursday, after the Ottawa-based junior announced HudBay Minerals agreed to buy a near-10% stake in the company. That is the second deal it has struck with a major mining firm in as many...

China testing waters with reported Jaguar bid, fund manager says

While Jaguar Mining has been mute regarding its CEO’s departure and reported Chinese takeover approaches, a Toronto-based fund manager said on Monday its predator was likely using the company as a trial for future bigger deals. Speaking in an...

Could Cameco team up with Rio to jointly buy Hathor?

Cameco CEO Tim Gitzel took a chance in trying to bag uranium junior Hathor for a song in August, only for Rio Tinto to spoil the party on Wednesday when it came in with an 11% higher C$578-million bid. The show, however, is not over yet, with the...

Taseko advertises economic benefits for contentious BC mine

Canada’s Taseko Mine’s slapped the prefix “New” to its controversial Prosperity Mine in British Columbia, added $300-million to its development cost to make it more environmentally acceptable, and is now playing the economics card in...

Mining engineer wants SA to position itself as a mining-in-space resource hub

South Africa should become a source of expertise in mining in space by combining its knowledge of engineering and mining engineering with its drive to develop space sciences and engineering, in line with the objectives of the South African...

Forsys settles out of court with George Forrest

Canadian uranium junior Forsys Metals said on Thursday it has reached a settlement agreement with George Forrest International (GFI), after the companies claimed money from each other stemming from a failed 2008 takeover.“The terms of the...