EY’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 12 percent in the third quarter of the year when compared to the previous three-month period.
Oil Sands Mining News
The comments come a day before U.S. sanctions on Iran’s energy and shipping are due to snap back.
Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.
The International Energy Agency called on producers to pump more as the market “enters the red zone.”
Technical analyst Clive Maund looks at the factors that he sees are behind a massive credit crunch and discusses how the markets could react.
But Teck Resources says it will have the most advanced emission-control system in oil sands.
Vedanta Ltd is investing to boost oil output from its flagship Barmer block in the desert state of Rajasthan to over 400,000 barrels per day (bpd) in 2021.
Nova Scotia’s mining industry has established a new not-for-profit organization to manage its proposed Minerals Play Fairway project.
Fort McMurray was once the second coming of the Klondike. Now, this oil town must adjust to the end of the boom.
It’s not hard to see why Sellers and Campbell are in such high demand in this hardscrabble city that has become the global center of the shale revolution.
Democratic Republic of Congo's revenues from its mining sector nearly tripled in the first half of 2018 over the same period last year to $864.61 million.
"Drones offer a cheaper and more effective way of monitoring infrastructure than traditional methods of sending workers to dangerous, remote terrain."
The country’s crude exports reached a record of 3.59 million barrels a day.
The Federal Court of Appeal nullified the National Energy Board’s approval of Kinder Morgan Canada’s Trans Mountain pipeline expansion project.
An agreement has been reached on separating laws for the country’s oil industry and dropping a bill to govern the two sectors.
"I've come for your helium."
Utah holds the largest reserves of oil sands in the United States, but up until now, no company had the technology to exploit these vast resources.
Ruling effectively halts construction of the 1,150-kilometre project indefinitely.
PDVSA filed an appeal requesting that a Delaware court vacate a decision granting the Canadian miner the right to seize its U.S. assets.
China Petroleum & Chemical Corp. said its half-year earnings jumped to the highest level on record as refining profits climbed.
Only in the US, corrosion costs the oil and gas industry $1.4 billion a year.
The US Bureau of Land Management has announced plans to allow increased mining on land that once belonged to two national monuments Donald Trump shrank.
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers.
Like the Soviet Union in the 1970s, China is coming to the end of a long labor-force boom and hoping that an orgy of investment will keep the old magic going while stabilizing its fraying frontiers.
Imperial Oil says it has commenced and is ready to expand field testing of driverless oilsands heavy haulers.