Some optimism is beginning to creep back into the mining sector – although not much. Sentiment is rather muted to date in the Prospectors and Developers Association of Canada (PDAC) conference, which kicked off Sunday in Toronto. The conference, which is the world’s biggest gathering of mining professionals, works as a good barometer for the state of the industry, which ...

The PDAC conference is legendary because of its giant booze-fueled parties, and there were none bigger on Sunday night than the one hosted by Integra Gold Corp., which named the winners of their clever “Gold Rush Challenge.” The contest began last year, after Integra acquired a project in Quebec that came with six terabytes of mining records dating back 1933. ...

Two of Canada’s aspiring no-frills carriers say a proposal to provide foreign investors a bigger stake in the country’s airlines could mean the main difference between their success and failure. How three Canadian airline startups plan to fly inside a daunting market For a trio of Canadian airline upstarts whose launch date is imminent, the way to avoid engaging in ...

In mining, the great bifurcation is finally underway. The 'new gasoline': How lithium has turned into a rare winner amid the commodity slaughter Little-known lithium has simply skyrocketed recently due to expectations of soaring demand from electric vehicles and market distortions in China Read more After a multi-year bear market by which virtually every junior mining stock got decimated, the ...

Hedge funds unwound bearish bets at the fastest pace in 10 months as fear of oil sinking to US$20 a barrel faded. A lot has happened since Goldman Sachs made that forecast a month ago. Some U.S. shale drillers have added too the towel following a year of maintaining supply in the face of plunging prices, saying they’ll pump less ...

TORONTO – Depressed commodity prices aren’t stopping one mining company at PDAC from settings its sights high – beyond orbit, actually. Planetary Resources, Inc. sticks out one of the companies only at that year’s mining convention because its focus is extracting resources from asteroids. As the idea may appear outlandish, the firm counts former NASA engineers among its ranks and ...

TORONTO – Pension funds and other long-term investors sick of negative bond yields could drive up gold prices within the future years, said famed investor Don Coxe. Negative interest rates happen to be adopted by an increasing number of central banks in the past year, using the Bank of Japan becoming the latest in January. The policy tool has been ...

The Mongolian government pays Canada’s Khan Resources Inc. to resolve a seven-year dispute over lost mining licenses, signaling a brand new willingness to draw in foreign investment. The shares surged the most intraday on record. The US$70 million will be paid on or before May 15, according to terms of the agreement, disclosed in a press statement issued by Khan Resources Monday. ...