May 6, 2015

South32 gets going after BHP investors strong support, sees M&A opportunities

BHP Billiton shareholders have overwhelmingly voted in favour of the South32 demerger, a spin off that creates Australia’s third-largest mining company.

May 5, 2015

TIMELINE: Offshore oil drilling history

We've come a long way.

May 5, 2015

Mining revenue in British Columbia dropped 14% last year

Miners in Canada’s most western province remain under pressure, as prices for some key commodities, mainly coal and copper, have continued to fall.

May 5, 2015

South Africa delays court decision on black ownership of mines

The mines ministry has missed an April deadline to ask courts solve the issue of whether companies may claim they meet black-ownership quotas if shareholders have sold their stakes.

May 5, 2015

Fortune Minerals and POSCAN complete sale of Arctos coal licenses to BC Rail

The AAJV partners maintain the exclusive right to purchase back the coal licenses at the same price for a 10-year option period. If both partners do not wish to exercise…

May 4, 2015

Outside money starts to pour into mining M&A

Mick Davis hasn't spent a cent of his $6bn, but private money and non-mining players' share of M&A has already doubled in less than three years.

May 4, 2015

Fission Hits 28.32% U3O8 Over 12.0M at R600W Zone

PLS15-352 returns one of the top five strongest mineralized holes at PLS and continues the strong, high-grade growth of shallow, land-based R600W

May 4, 2015

RioZim seeks partnerships for $2.1bn Zimbabwe power plant

RioZim Ltd., which mines gold, diamonds and coal in Zimbabwe, wants to work with state-owned power utilities in South Africa and Namibia to build a 1,400-megawatt electricity plant near its…

May 4, 2015

Canadian First Nations offered $1bn to approve gas project

A Petronas-led natural gas partnership in British Columbia is offering a Canadian aboriginal community Cdn$1bn to approve a new energy project.

May 4, 2015

Modi fails to get India’s coal trains running on time

India's Prime Minster Narendra Modi's plans to shift the country's economy toward manufacturing and away from agriculture and services are being held up by a different kind of coal shortage.