January 27, 2015

Lower gas prices weigh on Peabody’s weak results, expected coal demand

The U.S. No.1 coal producer projects a much wider-than-expected loss for the current quarter.

January 27, 2015

The youngest CEO in mining has his eye on uranium

This young dynamo entered the business straight out of university and is now running Skyharbour Resources (SKY.V). Skyharbour is a uranium junior holding a very prospective land position(over 390,000 hectares)…

January 27, 2015

Freeport-McMoRan slashes capital spending, to divest stake in Indonesian unit

The U.S. largest miner by market value and revenue has already slashed its capital budget for the year by $2bn and it is ready to make further cuts.

January 27, 2015

Congo risking billions with planned tax hike, mining code revision

The central Africa nation may also lose its position as the continent’s top copper producer.

January 26, 2015

No recession for Alberta, just ‘zero growth’ as oil price nosedives

According to TD's latest report, real GDP growth in Alberta will inch forward by only 0.5% this year before speeding up to 1.8% in 2016.

January 26, 2015

Fort McMurray mayor still optimistic, despite dropping oil prices

Despite plunging oil prices, the mayor of Fort McMurray, Alta., is still optimistic about the future of the oil boomtown.

January 26, 2015

Loonie to hit 85 cents US in 2016 as Bank of Canada hikes key rate, TD forecasts

Canadian dollar expected to fall to 75 cents U.S. before slowly climbing back to 85 cents by the end of 2016

January 26, 2015

SNL Energy: oil shock extends its reach to BDCS, Fintech

Consumer-facing financial technology companies may benefit from lower prices at the pump, while certain business development companies have come under pressure as the energy sector suffers.

January 26, 2015

Fission’s First Five Holes Widen R780E Main Zone; 100% Hit Rate at Shallow Depth

All five step out holes hit intervals of greater than 10,000 cps Radioactivity

January 26, 2015

Cliffs Natural removes quarterly dividend to repay debt

It also said it has reduced its net debt balance by more than $400 million.