January 29, 2015

Australian uranium miner accused of contaminating Lake Malawi

Paladin Energy, an Australian mining company, has been accused of discharging uranium-contaminated sludge into Lake Malawi, which supports 1.7 million people in three countries – Malawi, Mozambique and Tanzania.

January 29, 2015

Here is how metal-eating bacteria may make asteroid mining profitable

The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.

January 29, 2015

Increasing demand for refined products will increase oil prices

My opinion is that all of the analysts who are now blaming the sharp drop in oil prices on a “glut” of supply could change their tune quickly as consumers…

January 29, 2015

Mining M&A: Private equity can’t run away fast enough

The smart money is waiting for fire sale prices before jumping into metals and mining. Or worse; has simply lost interest in the sector.

January 28, 2015

Anglo American set for commodity slump-triggered charge

The firm became the first major mining company to openly accept the toll that slumping commodity prices are taking on the global industry.

January 28, 2015

Glencore mulls shutting down South African coal mines, lay offs

The miner, one of the biggest exporters of South African coal, may re-open those operations if economic conditions improve.

January 28, 2015

Lies and deception In Ukraine’s energy sector

The Ukrainian government has repeatedly claimed it is doing its best to improve the oil and gas investment climate, but official statements are the opposite of the reality, as Prime…

January 27, 2015

Cliffs restructures Bloom Lake iron ore mine, seeks creditor protection

Chief Executive Lourenco Goncalves said restructuring proceedings have begun in Montreal and sale options will be explored.

January 27, 2015

Jason Mayer: the budgets of oil producers today are still a little delusional

The price of oil appears to be settling into a new price range, leaving oil sector profits at significant risk.

January 27, 2015

UBC votes on removing fossil fuel investments from endowment

Divestment intended to put political pressure on the Canadian government to adopt a national carbon pricing system, says campaigner.