February 14, 2017

Coking coal resumes sharp decline

Down 4.7% on Tuesday to five-month low as ultra-cheap Mongolian coal gets trucked into market.

February 14, 2017

Kumba’s earnings doubled on higher prices, cost cutting measures

The Anglo American's unit logged earnings of $607 million for 2016, basically double the $304 million it recorded in 2015.

February 13, 2017

Weak finish for the Canadian Mining Eye Index in Q4 — EY

EY’s Canadian Mining Eye index declined 13% in the last quarter last year as weak gold and nickel prices offset copper and zinc gains.

February 12, 2017

Australia’s $5 billion bet on clean coal

The Australian government has opened the door to using a $5 billion fund designed to attract investment in northern Australia, to develop clean-coal projects.

February 10, 2017

Scientist finds three new uranium-rich minerals in Utah

The three new minerals, leesite, leószilárdite and redcanyonite, will allow researchers to study how different forms of uranium can propagate in the natural environment.

February 10, 2017

Canada’s Cameco posts $62 million loss hurt by sinking uranium prices

Prices for the radioactive metal have fallen more than 50% since the Fukushima disaster in 2011

February 10, 2017

Oil sands an overlooked investment opportunity — BMO

The bank believes that Canada’s oil patch may be "on the cusp of a new investment cycle” as oil settles into a US$50-60/bbl range.

February 10, 2017

Coal dust near Great Barrier Reef worries scientists, environmentalists

Coal has washed up very close to the UNESCO World Heritage Site, Australian authorities said, following an investigation into complaints of black dust on nearby beaches.

February 9, 2017

Anglo American to sell Kumba despite iron ore rally — experts

While iron ore prices have climbed 90% in the last year to over $80 a tonne, the sale of Kumba would prove prudent for Anglo's long-term outlook, given its high…

February 9, 2017

Teck, Suncor up cost of Fort Hills oil sands project

Cost per barrel, however, will remain at about $84,000 per flowing barrel of bitumen.