June 13, 2016

Glencore: Massive investment in coal mines needed

Up to 1 billion tonne annual supply gap in seaborne coal by 2030 if no new mines are built according to climate change report by Swiss mining, trading giant.

June 13, 2016

CHART: Metals, mining stocks outperforming all others

Gold is up more than 20% in 2016 but gold mining equities have doubled and the sector as a whole has returned 53%.

June 13, 2016

Luxembourg invests heavily in space mining

First time a country partners with privates to boost the development of the industry.

June 13, 2016

Canada’s oil sands production could take weeks to recover

Oil sands production in Canada could take weeks to return to previous levels following the ongoing wild fires that have been ravaging Fort McMurray.

June 13, 2016

Major mining assets change hands after commodity rout

Large mining companies are selling off some of their prized assets after the prolonged global commodities markets rout left some with high levels of debt.

June 12, 2016

US coal production drops to lowest level since 1981

Above-normal temperatures during the winter of 2015–16 were a key reason for the large decrease in coal production during the first three months of 2016.

June 10, 2016

Cameco CEO Tim Gitzel on uranium market transformation

"The long-term market where normally about 150–160m pounds were traded each year – in the last three or four years it’s been about a one third of that."

June 10, 2016

Oil at US$100? Some hedge funds are betting on it

Current low prices will generate a supply crunch as oil companies cut billions of dollars in spending on developing fields.

June 9, 2016

Chinese miners eye Glencore’s Kazakh gold operation

Zhongjin Gold Corp., Shandong Gold Mining Co. and Zijin Mining Group Co. said to be among potential bidders.

June 9, 2016

Australia recovers lost ground, named world’s top mining investment destination

Canada slipped in the Fraser Institute’s global ranking, while Chile remains the most attractive jurisdiction in Latin America.