May 2, 2017

South32 buys stake in Canada’s Arizona Mining for $81 million

The Perth-based miner has agreed to purchase 45 million shares of the Canadian junior at a price of $2.45 per share, or about 15% of Arizona Mining’s outstanding shares.

May 2, 2017

Australian officials slam banks decision to refuse backing country’s largest coal project

The lenders’ move follow a decision by Australia’s second-largest bank Westpac to only fund new projects in existing, rather than new, coal basins as part of its new climate policy.

May 1, 2017

US DoE delivers big boost to uranium price

US Dept of Energy makes huge cuts to allowable transfers of uranium this year and in 2018.

May 1, 2017

BC Election: Major parties on future of mining

Question of whether government should be industry overseer or collaborator is at centre of resource platforms of Liberals, NDP and Greens

May 1, 2017

Suncor Energy restarts shipments from Syncrude Mildred Lake oil sands facility

Over the weekend, Syncrude completed the necessary repairs and start-up activities to begin shipping product by pipeline.

April 30, 2017

US thermal coal exports targeted by campaigning BC premier

Christy Clark has proposed a ban on the export of U.S. thermal coal from B.C. ports in retaliation for the recent imposition of a 20% duty on Canadian lumber.

April 28, 2017

Sprott Monthly Market Update with Rick Rule: This bull market is in its infancy, a lot of money is about to be made!

Rick sees a very interesting market, which flirted with an upside breakout, that failed.

April 26, 2017

Czech mining industry pins hopes of revival on lithium

The European country holds between 1.2 to 1.4 million tonnes of lithium, located mostly around the tiny village of Cinovec, on the border with Germany.

April 26, 2017

BHP puts US shale assets back on the block amid investors pressure

The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.

April 25, 2017

Sibanye Gold investors OK $2.2bn acquisition of Stillwater

Shareholders voted overwhelmingly in favour of the cash takeover, which will make the South African firm the world's No.3 palladium producer and No.4 platinum group metals miner.