March 2, 2017

Oil majors’ costs have risen 66% since 2011

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead

March 2, 2017

CAT shares hammered as feds search offices

Federal officials executed a search warrant at three of Caterpillar facilities, including the corporate headquarters in Peoria.

March 1, 2017

Next oil rally? Futures say market Is tightening

U.S. oil inventories are at record levels, but there are a few glimmers of hope that the glut could be starting to subside.

March 1, 2017

Yancoal fresh loss casts doubts on planned acquisition of Rio’s mines

Industry observers believe Yancoal will face several challenges when trying to complete a $2bn equity issue to finance the acquisition of Rio’s coal mines in the Hunter Valley.

March 1, 2017

Wife of coal magnate being considered for Canadian ambassador: report

Picked by Trump.

February 28, 2017

Scientists discover why world’s richest ore deposits were formed

Scientists have discovered why some of the richest ore deposits on the planet, such as copper, zinc, silver and uranium, were formed in the middle period of Earth’s history.

February 28, 2017

China’s coal consumption keeps plummeting, down for 3rd year in a row

Coal accounted for 62% of the nation’s energy mix last year, down from 64% in 2015.

February 28, 2017

Explorers frustrated with waiting times for permits in B.C., the Territories

On the level of transparency in the approvals process, jurisdictions in the US, Australia and Scandinavia performed better than Canada, a fresh report by the Fraser Institute, shows.

February 28, 2017

Canada’s Saskatchewan and Manitoba are the world’s new top mining destinations

Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.

February 26, 2017

Have the majors given up on Canada’s oil sands?

Canada’s oil sands could struggle to rebound, with potentially billions of barrels of oil being kept underground permanently.