March 8, 2015

Eskom to buy $3.7B rand annually worth of exportable coal

South Africa's Eskom has coal market observers scratching their heads after the public utility announced plans to purchase expensive, export-quality coal from Glencore's (LON:GLEN) Optimum Coal.

March 6, 2015

Cameco gets approval for its Australian Kintyre uranium mine

After more than four years of consultation and environmental studies, the miner has been granted conditional approval by Western Australia’s authorities.

March 6, 2015

Contrarian Steve Palmer’s balancing act stretches from Western Canada to the East China Sea

Steve Palmer of AlphaNorth Asset Management has made a career of spotting companies loaded with value, and he tells The Energy Report not only what he looks for, but also…

March 6, 2015

Enbridge to shed costs of oil sand pipelines by $320 million

The planned optimization include the Athabasca Twin and the Wood Buffalo extension projects.

March 5, 2015

Fission Uranium’s Randhawa ‘smells a flip’

Latest find turns Athabasca deposit into a "two headed monster" says Fission CEO, who's gathering banks, miners and private equity for "an auction".

March 5, 2015

Favourable tax measures announced for mining investors

The government has extended the 15% Mineral Exploration Tax Credit for investors in flow-through shares for an additional year, until March 31, 2016.

March 5, 2015

Canadian Natural Resources Ltd plans royalty business spinoff as profit almost triples

Canada’s largest heavy oil and natural gas producer, plans to either spin off or sell its royalty land business this year once energy prices have stabilized.

March 5, 2015

Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

The former Xstrata boss’ new firm may soon pull the trigger on some big deals at a time of low commodity prices and willing sellers.

March 5, 2015

Rio’s debated Warkworth coal mine extension approved with conditions

Expansion of Mount Thorley-Warkworth coal mine in the Upper Hunter, had been knocked back twice in the courts.

March 4, 2015

China, Korea to buy coal from Adani Group’s Australia mine

China and South Korea are keen to buy coal from the Adani Group's $16 billion Carmichael coal mine project in Australia's Galilee basin.