February 4, 2016

Russia cries Dyadya (Uncle), is Saudi Arabia listening?

According to Bloomberg, the Russian Energy Ministry issued a statement that "Energy Minister Alexander Novak and the heads of Russia's biggest oil companies discussed the possibility of working with OPEC."

February 3, 2016

China ‘war on coal’ to drive labour unrest — report

The country's renewable energy industry will benefit, as it is set to step in as a substitute for coal in the coming years.

February 3, 2016

India mulls key investment to set iron ore plants in Iran

According to official figures, Iran has now more than $10 billion of investment pledges under its belt.

February 3, 2016

PDAC recommends measures to support Canadian mineral exploration in pre-budget submission

The Prospectors & Developers Association of Canada is asking the government to increase the Mineral Exploration Tax Credit (METC) to 30% for a period of three years.

February 3, 2016

Luxembourg joins race to conquer space mining

The move comes only three months after U.S. President Barack Obama signed a space exploitation law.

February 3, 2016

TransCanada Energy East pipeline project to create 120 jobs in Quebec

The firm has signed a deal with a power equipment manufacturer that will create up to 120 jobs in Quebec.

February 3, 2016

South Africa’s opposition claims Glencore ‘forced’ to sell coal mine

The country's biggest opposition party said the mines minister and state power utility made Glencore sell its Optimum coal operation.

February 2, 2016

Anglo American risks eviction from FTSE 100

FTSE 100 reweighting to take place in March.

February 2, 2016

Canadian prospectors holding on to long-term resources demand forecast

However, they acknowledge that there are no signposts yet in the market that suggest mineral prices will rebound soon.

February 2, 2016

Oil price crash: markets slump as Opec resists Russian calls for emergency meeting

Moscow's foreign minister says Russia is ready to talk as country's oil production reaches post-Cold War high.