Cecilia Jamasmie , Senior Editor

Canada’s Teck Resources knocked down by global economic grief

Teck Resources Ltd. (TSX:TCK.B and TCK.A),(NYSE:TCK) said Wednesday it is deferring about $1.5-billion in capital it had expected to spend this year and in 2013, adding its third quarter profit dropped by more than half.

Cecilia Jamasmie | October 24, 2012 | 2:29 pm

Nautilus seabed mining project jeopardized again

Canada-based Nautilus Minerals Inc. (TSX&LON:NUS) sank to fresh lows Wednesday in London, falling almost 5%, hit by the news of a Papua New Guinea’s landowners petition to the Government to cancel the firm’s seabed mining permit.

Cecilia Jamasmie | October 24, 2012 | 1:31 pm

Canada’s Ivanplats closes $307 million IPO and now trades shares on the TSX

Africa-focused miner Ivanplats (TSX:IVP), founded by billionaire Robert Friedland, successfully closed Tuesday its $307-million initial public offering (IPO) on the Toronto stock exchange, issuing total equity of $504 million (Cdn$493).

Cecilia Jamasmie | October 23, 2012 | 6:53 pm

Canadian government investigating illegal recruitment tactics

Canada’s provincial government of British Columbia is investigating allegations that Chinese workers applying for jobs may have been requested to pay fees to apply for mining positions in B.C.

Cecilia Jamasmie | October 23, 2012 | 4:51 pm

3,500 protest against Northern Gateway; company still to go ahead

Thousands of people jammed the front lawn of Canada’s British Columbia parliament on Monday to oppose the controversial Enbridge's proposed $5.5-billion pipeline from the Alberta oil sands to the country's West Coast.

Cecilia Jamasmie | October 23, 2012 | 3:53 pm

Xstrata’s Dominican nickel project in UN’s hands

United Nations Development Program (UNDP) representative, Valerie Julliand, announced Tuesday the body has agreed to the Dominican Republic’s government's request to review Xstrata Nickel’s environmental impact study for the Loma Miranda project, located in the country’s central region.

Cecilia Jamasmie | October 23, 2012 | 3:03 pm

Botswana Diamonds gleeful over latest exploration results

The Diamond exploration company sees its future shining bright after discovering high concentrations of minerals that could imply the presence of rough diamonds.

Cecilia Jamasmie | October 23, 2012 | 12:00 pm

S&P lowers Freeport McMoran’s stocks in wake of earnings report

Equity research analysts at Standard and Poor's (S&P) lowered Freeport McMoRan Copper & Gold (NYSE:FCX) shares from “buy” to “hold.”

Cecilia Jamasmie | October 19, 2012 | 6:43 pm

60kg gold nugget gives Australian prospectors fever

A huge 60-kilogram gold nugget allegedly found near Kalgoorlie has the Australian mining community literally suffering from gold fever.

Cecilia Jamasmie | October 19, 2012 | 3:40 pm

Most Gold Fields miners back to work, but KDC East strikers face final ultimatum

Almost all the 15,000 Gold Fields Ltd. (NYSE, JSE:GFI) miners at risk of being fired for going on an illegal strike reported for duty, but striking workers at the company’s KDC East operations received a final ultimatum from the company Friday.

Cecilia Jamasmie | October 19, 2012 | 3:09 pm

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