On Dec. 31, 2012, the Toronto Stock Exchange made amendments to its company manual to require that TSX-listed issuers elect all directors annually, in addition to changes requiring disclosure of majority voting policies.
One of the surprises of the year that in some ways isn’t such a big shocker is Cliffs Natural Resources’ announcement this past week that it is suspending work at its $3.3-billion Black Thor chromite project in northern…
VANCOUVER — Kinross Gold (K-T, KGC-N) is walking away from its development-stage Fruta del Norte gold project in Ecuador, five years after spending just under $1 billion on Aurelian Resources to acquire the project, and two years after…
Kinross Gold’s abandonment of the Fruta del Norte gold project in the face of an obstinate Ecuadorian government is a sad end to what could have been a wonderful, mutually beneficially relationship between Canadian miners and their…
VANCOUVER — As the world’s largest copper producer and a top-five producer of molybdenum and silver, Chile is a mining powerhouse. And with more than $70 billion in mining investment expected to lift copper production by 45% over…
VANCOUVER — Chile’s environmental regulator has imposed its maximum fine on the world’s largest gold miner after a four-month investigation revealed Barrick Gold (ABX-T, ABX-N) committed “very serious” violations…
Over the past decade, we’ve seen a push for increased rigor and disclosure in capital markets. This is a natural response to the chaos in the aftermath of the global financial crisis. Regulators have responded to investor concerns by…
The B.C. mining community’s heartbreak over the early exit of the Vancouver Canucks from the Stanley Cup playoffs (so fast, fans didn’t even have time to loot the downtown core) has been soothed by the surprise majority win of the…
VANCOUVER — It has been a tumultuous year for the mining industry in South Africa, as volatile platinum markets and socio-political turmoil raise questions about how the nation’s government can develop its rich mineral reserves…
Barrick Gold (ABX-T, ABX-N) has reported operating cash flow in the first quarter of 2013 at US$1.1 billion, down from US$1.4 billion in the first quarter of 2012, while net earnings totalled US$847 million, or US85¢ per share, down from…
VANCOUVER — If there is one outcome to avoid in the political arena, it revolves around agitating interest groups on both sides of the issue. The Parti Québécois (PQ) managed just such a manoeuvre on May 6 when…
Though the abuses started several years ago, the importing of low-wage Chinese miners by HD Mining International to B.C. late last year and the CBC’s recent revelation on Go Public that the Royal Bank has been laying off skilled,…
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