November 10, 2016

IEA warns global markets to remain flooded with oil without OPEC cut

Escalating production from both the OPEC and other global players, including Russia, Brazil and Kazakhstan, could lead to relentless supply growth, the IEA said.

November 10, 2016

Trump sends iron ore price to 2-year high

Another surge on Thursday takes iron ore to two-year high, up 11% since the US election – Cliffs stock soars 21%.

November 9, 2016

Coal, oil industries see brighter future after Trump victory

He has promised to ease regulations on the coal and oil sectors, and pull the US from global agreements aimed to curb climate change.

November 8, 2016

Uranium price: Industry settles down to depressing reality

Uranium price is down 45% this year as stockpiles reach 1.4 billion tonnes – enough to fuel the world's reactors for eight years.

November 8, 2016

Japex postpones oil sands expansion project to mid-2017

Move will push up costs by Cdn$250 million ($187M).

November 7, 2016

Chinese coking coal futures hit the roof

The most-traded coking coal for January delivery on the Dalian Commodity Exchange soared 10% to 1,516 yuan ($224) a tonne, a record high.

November 6, 2016

Canadian oil sands giant testing autonomous haul trucks

The largest Canadian oil sands producer confirmed last week it has embarked on a one-year pilot project involving the use of six 400-tonne Komatsu autonomous haulers in an isolated part…

November 6, 2016

Electric cars to reshape copper and oil demand

EVs could demand enough copper, other metals to dwarf oil market fallout: BHP

November 4, 2016

South32 scoops up Peabody’s Metropolitan coal mine in $200m deal

The deal includes a 17% interest in the Port Kembla Coal Terminal, south of Sydney.

November 4, 2016

CAT and Trimble to strengthen mining technology collaboration

As part of the deal, CAT is expected to become the primary sales, marketing, distribution and support channel for Trimble’s Connected Mine platform.