Cecilia Jamasmie , Editor-in-Chief

The US coal industry just had the worst 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.

Cecilia Jamasmie | July 20, 2015 | 6:22 am

Gold plummets to five-year low overnight

As heavy selling in early Asian trading hours tossed over a billion dollars’ worth of the bullion on the market in just a few minutes.

Cecilia Jamasmie | July 20, 2015 | 3:17 am

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.

Cecilia Jamasmie | July 20, 2015 | 3:00 am

Nexen’s oil sands pipeline leak one of Canada’s largest ever

A day after reporting a significant jump in the number of pipeline failures, the Alberta Energy Regulator is now investigating one of the biggest ruptures in the province in years.

Cecilia Jamasmie | July 17, 2015 | 5:56 am

Lucara gets $69 million from first diamond sale, amid tough market conditions

The star of the show was a 341.9 carat diamond —unveiled in April —, which sold for $20.55 million

Cecilia Jamasmie | July 17, 2015 | 4:11 am

China just broke silence on gold reserves — first time since 2009

China says its gold reserves increased 57%, which makes it the country with the sixth-largest hoard of the precious metal.

Cecilia Jamasmie | July 17, 2015 | 4:00 am

Anglo American to write down up to $4bn on weak commodity prices

This would be second multi-billion dollar impairment charge Anglo takes this year on its coal and iron ore assets.

Cecilia Jamasmie | July 16, 2015 | 8:40 am

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.

Cecilia Jamasmie | July 16, 2015 | 7:25 am

Graham Briggs to retire as the CEO of Harmony Gold

A geologist by training, the 62 year old executive has been with the company for 20 years.

Cecilia Jamasmie | July 16, 2015 | 6:04 am

Zambia mining industry says new rules to scare investors, deter local processing

The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.

Cecilia Jamasmie | July 16, 2015 | 3:18 am

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