August 2, 2017

This oil price rally has reached its limit

Last week, crude oil rallied the most so far this year, gaining more than 8 percent, or $4 per barrel.

August 2, 2017

Yancoal seeks $2.5bn from investors to pay for Rio’s Aussie coal mines

Former rival bidder Glencore will subscribe to $300 million worth of the rights offer.

August 2, 2017

Rio Tinto’s first-half profit soars 93%, investors getting $3bn back

The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.

August 1, 2017

Caterpillar in search of new CFO as Halverson to retire next year

Brad Halverson has spent nearly three decades with the mining and construction equipment maker.

July 31, 2017

Gold shows solid performance in July

The precious metal is on course for a 2.1 per cent rise this month

July 31, 2017

Upbeat China data sends iron ore soaring, climbs the most in 8 months

Ore with 62% content in Qingdao jumped 7.2% to $73.70 a tonne, according to the Metal Bulletin, the highest price since April 11 and the largest one-day percentage gain since…

July 30, 2017

Electric vehicles no threat to oil prices anytime soon

Hardly a day goes by without another media report about the impending demise of the Internal Combustion Engine (ICE) as petroleum powered cars and trucks are replaced by uber-clean Electric…

July 30, 2017

Mining jobs in Canada to go begging: MiHR report

A torrent of retirements over the next 10 years is poised to wreak havoc on the mining labour market in Canada.

July 28, 2017

Electric car industry faces a looming supply storage

“Lithium is the new oil,” goes the saying in electric vehicle (EV) circles.

July 28, 2017

Zinc and cobalt look good; gold and silver are consolidating, says Elysee Development

And vanadium has bottomed.