Suncor cuts oil sands output for 2016
Canada's dominant oil sands player, however, plans to spend about $900 million more next year.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Teck Resources to axe 1,000 jobs, lowers dividend
With the announced cuts the diversified miner brings the total redundancies over the past 18 months to about 2,000.
Copper price hits fresh six year low as Paris attacks continue to weigh in
The industrial metal, often viewed as a barometer of global economic growth, fell to its lowest level since 2009.
Cliffs to halt operations at Minnesota iron ore mine
The move will help the cash-strapped coal and iron ore miner to continue operating for the short term.
K+S Potash to hire 150 workers for its Canada’s Legacy project
The Legacy mine, located approximately 50km north of the city of Moose Jaw, will be the first new potash operation built in the last 40 years in Saskatchewan.
Rio Tinto to close Queensland coal mine if extension gets rejected
The company said that extending Kestrel, its only underground coal operation, would add 20 years to the mine’s life.
Defence of West Virginia’s former ‘King of Coal’ rests without calling witnesses
Former Massey Energy CEO, Don Blankenship, could face up to 30 years in prison in relation with a deadly 2010 mine accident in West Virginia.
World coal consumption to drop up to 4% further by year-end
Use of coal for power generation peaked about two years ago, a new report suggests.
Mining in Europe began more than 4,000 years ago, study reveals
Mining in the Alps dates back much further than previously thought — in the Austrian region of Montafon since the Bronze Age.
Paragon Diamonds halts trading on capital, financial position woes
The Africa-focused miner needs funding to complete the acquisition of the Mothae project and to repay short-term debts, including £500,000 due this week.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
