USA

NCPA publishes U.S. map of successful anti-fracking campaigns

no-fracking

Research shows campaigns to ban fracking are widespread.

World Coal Association calls on World Bank to recognise the critical role of coal in meeting global energy needs

World Coal Association | July 30, 2015

The World Coal Association (WCA) has today called on the World Bank to recognise the vital role of coal in bringing affordable, reliable electricity to hundreds of millions of people in developing and emerging economies.

Gold to dip below $1,000 by end of the year – report

Cecilia Jamasmie | July 29, 2015
Gold to dip below $1,000 by end of the year – report

Gold is doomed. That seems to be the message being deliverd by several analysts who predict prices for the metal will hit fresh historic lows by the end of 2015.

Miners in Asia and Africa more likely to switch to different OEM within next five years

Timetric | July 29, 2015
‪Investcorp sells truck parts unit for $1 billion

Whilst miners are relatively loyal in Australia and North America to their current Original Equipment Manufacturers (OEMS), over half of those in Asia are likely to seek out a new supplier within the next five years, a new report shows.

Antofagasta cuts copper output forecast for the year

Cecilia Jamasmie | July 29, 2015
Antofagasta cuts copper output forecast for the year

This is the second time this year that the London-listed miner slashes its annual copper production guidance.

Diver finds $1 million in 300-year-old gold coins off Florida coast

Cecilia Jamasmie | July 29, 2015
Diver finds $1 million in 300-year-old gold coins off Florida coast

A member of a Florida family hit the jackpot when he found $1 million-worth of gold artifacts, including a royal coin from the Spanish king, recovered from a ship that sank off the Florida coast 300 years ago.

CHART: Coal lobbying expenses collapse

Cecilia Jamasmie | July 27, 2015
CHART: Coal lobbying expenses collapse

The spending decline comes as U.S. coal miners struggle to clear hurdles on the federal level, including both newly proposed measures and regulations already being implemented.

China’s biggest one-day stocks drop in eight years lifts gold prices

Cecilia Jamasmie | July 27, 2015
China’s biggest one-day stocks drop in eight years lifts gold prices

Monday’s was the biggest one-day decline in Chinese stocks since an 8.8% drop on Feb. 27, 2007.

Canada-owned oil sands mine in Utah to begin producing in fall

Cecilia Jamasmie | July 24, 2015
Canada-owned oil sands mine in Utah to begin producing in fall

Calgary-based U.S. Oil Sands is working through the summer to complete a 2,000-barrel-per-day oil sands mine in eastern Utah, one of the country's first commercial operation of this kind.

Global miners improve policies on community consent, while oil and gas lag

Oxfam America | July 23, 2015
Global miners improve policies on community consent, while oil and gas lag

Implementation of “free, prior and informed consent” policies vital tool to prevent conflict and costs to companies, reveals study published Thursday by Oxfam.

About 10% of global gold output being produced at a loss

Cecilia Jamasmie | July 23, 2015
About 10% of global gold output being produced at a loss

While gold was moderately higher in early U.S. trading Thursday analysts agree the whole industry is on a bit of “a knife-edge.”

Visual Capitalist

INFOGRAPHIC: The world economy in one visualization

Visual Capitalist | July 22, 2015

Today’s data visualization is the most simple breakdown of the world economy that we’ve seen.

Economic slump, not drop in coal use, responsible for U.S. carbon emissions fall

Cecilia Jamasmie | July 22, 2015
Economic slump, not drop in coal use, responsible for U.S. carbon emissions fall

Findings of a new research show the 11% fall in carbon emissions between 2007 and 2013 was caused mainly by depressed market conditions.

Oilprice.com

More job losses coming to U.S. shale

Oilprice.com | July 22, 2015

Surprisingly, a recent IHS study had revealed that the U.S. shale sector has been boosting job creation in addition to supporting around 1.7 million jobs in U.S.

BHP Billiton beats iron ore guidance, takes copper write-downs

Cecilia Jamasmie | July 22, 2015
BHP Billiton beats iron ore guidance, takes copper write-downs

The world's No.1 miner will continue boosting its iron ore output, adding to a global glut and keeping pressure on prices.

Cecilia Jamasmie

The US coal industry just had the worst week in years

Cecilia Jamasmie | July 20, 2015
The US coal industry just had the worse week in years

A wave of bankruptcy is sweeping an industry already hit by competition from inexpensive natural gas, tougher environmental rules and a global coal glut that has decimated prices.

Chinese rare earth metals exchange to pay $6.4bn owed to investors

Cecilia Jamasmie | July 20, 2015
Chinese rare earth metals exchange to pay $6.4bn owed to investors

The announcement came after the Fanya Metal Exchange saw hundreds of investors protesting outside the building last week.

The world’s highest grade gold mines

Vladimir Basov | July 16, 2015
World’s highest grade gold mines

Canadian mine takes top honours but Russia and USA dominate the rankings.

Planetary Resources' first spacecraft begins testing asteroid prospecting technology

Cecilia Jamasmie | July 16, 2015
Planetary Resources' first spacecraft begins testing asteroid prospecting technology

The Arkyd 3 Reflight (A3R) will spent its three-month orbiting mission sending back data to a group of scientists based at the firm’s headquarters in Redmond, WA.

Credit deflation and gold

GoldMoney | July 16, 2015
China’s government likely behind country’s gold hoard—report

Crucially, the assumption in capital markets that gold is no longer money but just an asset or commodity has all but destroyed our understanding of its monetary relationships.

Peter Schiff - Euro Pacific Capital

How socialism destroyed Puerto Rico, and how capitalism can save it

As in Greece, the Puerto Rican economy has been destroyed by its participation in an unrealistic monetary system that it does not control and the failure of domestic politicians to confront their own insolvency.

Dodd-Frank: Five years and $1.5 trillion later

Oxfam America | July 15, 2015

In the five years since the Dodd-Frank Act passed, oil produced in developing countries was worth an estimated $1.55 trillion for those governments. But because the landmark US transparency law remains delayed, any payments that flowed to governments took place with limited or no transparency.

Alliant Energy to fork out over $7 million on cutting pollution from coal-fired power plants

Cecilia Jamasmie | July 15, 2015
Alliant Energy to fork out over $7 million on cutting pollution from coal-fired power plants

Spending corresponds to a $1.1 million pollution fine and further $6 million on environmental mitigation projects.

BHP Billiton to take a $2.8 billion write-down on US assets

Cecilia Jamasmie | July 15, 2015
BHP Billiton to take a $2.8 billion write-down on US assets

With this impairment BHP will have written down its oil and gas business by more than $4 billion since 2011.

Oilprice.com

OPEC, get ready for the second U.S. oil boom

Oilprice.com | July 14, 2015
US energy boom jeopardized, larger shale oilfields found

What OPEC countries fear most is a follow-up technological revolution that will lead to a second oil boom in the U.S., and that fear is now being realized.

Iran, World powers reach ‘historic’ nuclear deal

Cecilia Jamasmie | July 14, 2015
Iran, World powers reach ‘historic’ nuclear deal

The agreement ends decades of economic sanctions against Iran, and includes reductions in centrifuges, international inspections.

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