December 3, 2011 CMS cancels clean coal project; to close seven more plants Citing looming air quality rules, low natural gas prices and low demand for power, Michigan-based Consumers Energy cancelled Friday a proposed $2 billion clean coal plant near Bay City, Mich.,…
December 3, 2011 Arch Coal announces reductions at Dugout Canyon mine The Canyon Fuel subsidiary of Arch Coal has said that it would be scaling back production at the Dugout Canyon mine near Wellington, Utah, in response to continuing weakness in…
December 2, 2011 Goldman says commodities to rally in 2012 Goldman Sachs Group forecast that commodities may rally 15% in the next 12 months, sticking with an “overweight” recommendation on raw materials and predicting Brent crude may surge to highest…
December 2, 2011 Canada says no decision yet on revising uranium policy Canada is reviewing a policy that restricts foreign ownership of uranium mines, but there has been no decision on revising those rules at this time, Natural Resources Minister Joe Oliver…
December 2, 2011 Aboriginal groups stand against Canadian oil pipeline A group of First Nations in British Columbia says it will do “whatever means necessary” to stop exports of crude oil from Alberta’s oilsands through their territories — including the…
December 2, 2011 British Churchill Mining threatens Indonesian government with arbitration London-listed Churchill Mining Plc is threatening Indonesia to seek international arbitration, saying that the company was unlawfully deprived of a US$1.8 billion coal discovery in the jungles of Borneo Island.…
December 2, 2011 Canadian uranium scene sizzles as Rio Tinto enters Athabasca Basin Months after drawing the mining giant into the province’s potash sector through a JV with North Atlantic Potash, Saskatchewan is rolling out the carpet again for Rio Tinto, and this…
December 1, 2011 Gold hit a 2-week high on Thursday Gold hit a 2-week high on Thursday as gains in equities and the euro prompted buying from speculators after major central banks took coordinated action to prevent the euro-zone debt…
December 1, 2011 Suncor’s George to retire after two decades at helm of oil-sands producer Suncor Energy Inc. Chief Executive Officer Rick George will retire next year after leading the oil- sands producer for more than two decades and transforming it into Canada's largest energy…
December 1, 2011 India’s Aditya Birla Group joins bid for Australian coal miner New Hope India's leading aluminum and copper producer Aditya Birla Group confirmed Thursday that it has officially expressed an interest in bidding for Australian coal miner New Hope.
Wheaton Precious Metals appoints new CEO, Randy Smallwood named Chair of the Board After more than 15 years of leading the business he co-founded, Smallwood will step down as CEO March 31. February 06, 2026 | 11:55 am