February 4, 2016 Suncor cuts spending by 10% after posting $2bn loss on writedowns The Canadian oil giant lowered capital spending plan to between $6bn and $6.5bn from a November estimate of $6.7bn to $7.3bn.
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.
Goldman lifts year-end gold price forecast to $5,400 This year, the bank sees private investors competing with institutions for gold as they look to diversify their portfolios. January 22, 2026 | 08:56 am
