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Canadian miners had a tough 2018, but optimism remains — EY

Ernst & Young’s Canadian Mining Eye index, which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior miners — dropped 2% in the last quarter of 2018.

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Brazil mining authority halts two Vale complexes

Decision was made in light of a possible failure of five dams at both complexes, which are located in Minas Gerais, the same state where the Feijão mine dam collapsed last month, killing over 300 people.

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Lundin Gold to step up exploration in Ecuador thanks to $38m financing

A syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, had agreed on a bought deal basis to buy 7.5 million shares at C$5.40 each.

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Black Iron’s shares skyrocket after inking MOU with Glencore on Ukraine iron ore project

The companies envision an investment from Glencore that will help fund construction in exchange for offtake of production of four million tonnes of iron ore a year.

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