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.

November 4, 2016

6 reasons coking coal price will tank

Number 1: Producers have negotiated quarterly contracts $70 below the spot price.

November 4, 2016

Here’s how Suncor increased productivity, cut incidents with blended training

Suncor experienced a 50% reduction in incidents and a 3.5% productivity increase by training trucks operators using both computer-based and hands-on tools.

November 3, 2016

Luxembourg shoots for the stars, invests $28 million in Planetary Resources

The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.

November 3, 2016

Glencore did better as commodity trader than miner in Q3

While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.

November 3, 2016

Canada’s Alberta wants to cap oil sands emissions

If passed and enacted, the ruling will forbid oil sands producers from collectively emitting more than 100 megatonnes of greenhouse gases a year.

November 3, 2016

Trans Mountain pipeline is nowhere close to approval

Kinder Morgan expects a final decision on pipeline twinning process within four to six weeks.

November 2, 2016

Cameco up 11% on better-than-expected revenues

Uranium market still anemic.

November 2, 2016

Coal price rally bypassing US miners

As seaborne coking (up 227% year-to-date) and thermal coal (up 128%) continue to rally, decline in US domestic prices, exports resume long-term down trend.