November 18, 2015

Teck Resources to axe 1,000 jobs, lowers dividend

With the announced cuts the diversified miner brings the total redundancies over the past 18 months to about 2,000.

November 18, 2015

The collapse of commodities in one simple chart

Year to date gold is one of the better performers, but rhodium comes off worst.

November 18, 2015

Saudis planning for a war of attrition in Europe with Russia’s oil industry

Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn.

November 17, 2015

Cliffs to halt operations at Minnesota iron ore mine

The move will help the cash-strapped coal and iron ore miner to continue operating for the short term.

November 17, 2015

No Keystone, No Problem: TransCanada Turns to Mexico Expansion – Bloomberg Business

Days after the U.S. spurned TransCanada Corp.’s proposal to expand its Keystone pipeline network across North America, Mexico opened its arms.

November 17, 2015

Rio Tinto to close Queensland coal mine if extension gets rejected

The company said that extending Kestrel, its only underground coal operation, would add 20 years to the mine’s life.

November 16, 2015

Fission Sends Letter and Mails Management Information Circular to Shareholders

Fission's director nominees have the uranium exploration & development experience, skill set and accountability needed to deliver positive, value creating results in the near, medium and long term for all…

November 16, 2015

Vale: ‘Several years’ to recover from Brazil mine disaster

Mine waste has oozed 440 kilometres downstream and now covers two states.

November 16, 2015

Caterpillar: Supercycle China isn’t coming back

Sales of excavators expected in China for entire 2015 is fewer than the total in March 2011 alone.

November 16, 2015

Defence of West Virginia’s former ‘King of Coal’ rests without calling witnesses

Former Massey Energy CEO, Don Blankenship, could face up to 30 years in prison in relation with a deadly 2010 mine accident in West Virginia.