Top uranium producer Cameco posts surprise loss
Weak prices and demand have forced the Canadian company to lower its output forecast for the year.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
NASA unveils gold-covered telescope that will put the Hubble to shame
The $10 billion James Webb telescope is equipped with a collapsible honeycomb-like mirror made of 18 gleaming, gold-covered pieces.
Gold prices soar to hit seven-week high
Silver, in turn, is trading at prices not since Jan. 2015 and has gained 15% this month alone.
Kyrgyz law enforcement agencies search Centerra Gold’s office
They are looking into a dividend paid by Kumtor to Centerra in 2013, which the miner says complied with the country's laws and 2009 agreements governing the project.
Vale back in the black on higher iron ore prices, currency
Vale’s results for the first three months of 2016 makes it the best-performing major iron-ore miner so far this year.
Anglo American to sell Brazilian units to China Molybdenum for $1.5 billion
The niobium and phosphates division, which consists of mines, plants, processing facilities, chemical complexes and deposits, was one of Anglo’s more profitable businesses.
Barrick ‘is back’ chairman Thornton tells shareholders
Barrick Gold has reduced its debt load, reshuffle management and sold several assets.
Vale gives its potash project in Argentina a second chance
The miner has scaled down the project and it now aim to produce 1.3 million tons of potash a year, down from the 4 million tons originally planned.
Global oil supply could face 4.5 million barrels shortfall — Wood Mackenzie
Current oil oversupply could reverse within 20 years as low oil prices have forced pricers to slash spending on exploration and production, a report by Wood Mackenzie shows.
Stanford University decision to keep fossil fuels holdings triggers uproar
The board of trustees said they didn't believe in divesting from the fossil fuel industry until there are competitive and readily available alternatives.
Panama moves to unlock copper from First Quantum mine
Commerce and Industries Minister may approve by Tuesday exports of already mined ore from Cobre Panama’s stockpiles.