December 11, 2014

Fracking bans unjustified, says Fraser Institute

Hydraulic fracturing, or fracking, is not without its risks, but outright bans are unjustified: Fraser Institute

December 11, 2014

London calling: mines and money 2014 recap

“Anybody who says that the super-cycle is over is an idiot, it’s just been deferred for a little bit”, mining tycoon Robert Friedland told a packed audience in London last…

December 10, 2014

Fourth Batista company goes bankrupt

Disgraced Brazilian tycoon once held 90% of power utility worth $3.2 billion just three years ago.

December 10, 2014

Norway’s oil decline accelerating

New oil projects are being scrapped in Norway amid falling production and low oil prices.

December 10, 2014

Rob Chang spins yellowcake into gold and gold into green

The long winter of falling uranium prices is about to give way to a Japanese spring.

December 10, 2014

Glencore’s Glasenberg slams top iron ore producers once again

In his first investor day since buying Xstrata last year, Glencore’s boss highlighted his company’s spread of commodities and took aim at the expansion strategies of Rio Tinto and BHP…

December 9, 2014

Larger players account for 40% of global exploration budgets

A study of about 40 explorers budgeting at least US$50 million total shows the larger players allocated a total of US$4.33 billion and accounted for 40% of the US$10.74 billion…

December 9, 2014

Anglo American struggling to meet targets, mulls coal assets sale

Anglo’s boss Mark Cutifani says company needs to find an extra $2 billion of earnings before interest and tax to meet the return on capital target set for 2015.

December 9, 2014

Vale sells stake in Mozambique coal project to Mitsui for $763m

Mitsui, which since 2003 is part of the holding group that controls Vale, is expanding partnerships with the world’s largest iron-ore miner.

December 9, 2014

Obama’s ’Colbert’ show appearance no laughing matter for Canada’s oil patch

In the Monday night episode of “The Colbert Report,” the joke was on Canada’s oil industry. That’s because the featured guest appeared to take a dig at the industry’s long-awaited,…