July 30, 2018

Caterpillar says tariffs will wipe out up to $200M

Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.

July 29, 2018

Environmentalists worried about prospecting in New Zealand’s South Island

The government lifted a moratorium for prospecting permits on 7,828 square kilometres on the northern part of the South Island.

July 27, 2018

South African diamond fetches half a million dollars

The gem was sold on tender for $11,267 per carat.

July 27, 2018

Will BHP’s CEO follow Top Miner’s shale unit out of the door?

BHP Billiton Ltd.’s $10.8 billion of deals to exit its troubled U.S. shale unit will allow Chief Executive Officer Andrew Mackenzie to shower investors with returns. It may also be…

July 26, 2018

BP pays $10.5 bln for BHP shale assets to beef up U.S. business

A unit of British oil major BP PLC will acquire BHP's unit which holds the Eagle Ford, Haynesville and Permian assets for $10.5 billion.

July 26, 2018

Cameco lays off 700 staff

The news bumped Cameco's stock (CCO.TO) five per cent on Thursday send it to $14.97 a share.

July 24, 2018

India’s Adani sees six-fold rise in coal mining volume despite challenges in Australia

Adani is looking to buy mines in countries such as Indonesia and is securing financing for its Carmichael mine in Australia amid challenges from environmental groups concerned about climate change…

July 24, 2018

Canada scaring mining investors with long, unclear permit processes

Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past…

July 23, 2018

Debt financing doubles

"Not a typical financing vehicle for non-revenue generating exploration companies."

July 19, 2018

Australia’s South32 beats annual coking coal output guidance

Australian miner South32 Ltd beat its coking coal output guidance for fiscal 2018.