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.

February 1, 2016

Fission’s 1st Wildcat Exploration Hole Discovers New High-Grade Area West of R600W

Mineralization 135m west of R600W extends strike length of mineralized trend to 2.47km

February 1, 2016

Sibanye Gold shopping for new mines, possibly including base metals

The gold miner is expanding its portfolio to platinum, coal and uranium, as it also mulls an incursion in the base metals sector.

February 1, 2016

CHART: Gold price vs oil has never been this out of whack

For the first time since the height of the Seventies oil crisis and the end of the gold standard does an ounce of gold buy you more than 34 barrels…