Spotlight: Mining and Exploration in BC, Prairie Provinces and the Far North – Part 2

The ICLED-based sensor is able to detect methane concentrations as low as 0.1 parts per million.

President and CEO Russell Ball has stepped down, to be replaced by senior VP and COO Darren Hall.

The 242.31-carat diamond is one of the largest gem-quality ones mined by the Russian company since 2000.

The Canadian miner’s subsidiary signed a definitive agreement to acquire the asset from Industrias Peñoles.

The Mining Association of Canada says the total 10-year projected value of $82 billion for new projects remains nearly 50% below the 2014 level of $160 billion.

The Scottish miner also said that slower than anticipated labour build-up and training will impact March production.

The eye-popping figure pales in comparison to the astronomical $1 trillion in coal investments held by 4,488 institutional investors as of January this year.

According to fintech company UNI, there are “reasons for optimism.”

The miner beat expectations with a small fall in 2020 earnings, but boosted dividend as soaring commodity prices helped it recover from covid-19 disruptions in the first half of the year.