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.

February 8, 2017

Rio Tinto logs first annual gain since 2013 on iron ore rally

Shareholders will be the main beneficiaries of the company's cautious approach to capital expenditure in the last three years as it will pay bigger-than-expected divvy of $1.70 per share.

February 7, 2017

Billion-dollar Alberta coal company goes bankrupt

A coal company in west-central Alberta that in 2011 sold for $1-billion is bankrupt, killing hopes that its mine might re-open in the first quarter.

February 7, 2017

Palisade’s top 3 uranium stock picks for 2017

On December 8, 2016, Palisade Research came out with a bold prediction – the bottom for uranium and uranium stocks was in.

February 7, 2017

The world’s largest miner wants more action on carbon capture

BHP Billiton says more help is needed from both governments and industry to promote the adoption of carbon capture and storage (CCS) technology.

February 5, 2017

Beijing plans to cut coal use by 30 per cent to fight air pollution

Beijing will intensify its battle against choking air pollution this year and aims to cut coal use by 30 percent, state news agency Xinhua cited the mayor, Cai Qi, as…

February 5, 2017

IsoEnergy acquires Mountain Lake uranium deposit

Discovered in 1976, the property area was the subject of intense exploration during the 1970s and 1980's, when Acquitaine Company of Canada and Esso Resources Canada completed 190 drill holes…

February 5, 2017

Oil sands face big trouble ahead, two new studies suggest

Canada’s oil sands industry may find itself fighting with the US — its own largest customer — for a share of a shrinking oil market within four years.

February 3, 2017

Coking coal price finally breaks fall

Indian consortium plans to restart Benga mine in Mozambique bought from Rio Tinto for a fraction of Melbourne company's original purchase price.