June 14, 2013

Miners’ new trilogy: flat revenues, profit drop and weak share prices

Report shows mining companies are not longer trusted on their abilities to control costs, deliver on promises and cope with resource nationalization demands.

June 14, 2013

Mitsubishi puts Australian iron ore project on hold

It failed to find an investment partner.

June 14, 2013

US losing money on coal leases: report

Bureau of Land Management selling mining leases at below market value adds up to billions of lost dollars.

June 13, 2013

12 barrels of oil leak from Kinder Morgan’s pipeline, forces emergency shut down

Near the town of Merritt in southwestern British Columbia.

June 13, 2013

Forget OPEC, North American energy plays bring profits home

How dwindling exports to the US from Latin America, Africa and the Middle East are shifting the supply and demand equation across the world.

June 13, 2013

Access to capital the top current challenge for the mining sector: Ernst & Young

The report also says junior miners will continue to be cash strapped for at least another year, as the global mining industry slows down.

June 13, 2013

Petronas to invest $20 billion in Canadian LNG project to supply Asia

Company believes LNG will be vital to meeting growing energy demand.

June 12, 2013

Robert Kennedy Jr. to visit Albertan oilsands

He plans to meet with environmentalists, aboriginals and the oil industry.

June 12, 2013

China coal import ban ‘catastrophic’ for small Indonesian miners

Small coal miners are already under financial pressure coming from falling prices and their rather higher costs.

June 12, 2013

Canadian miners to face stricter rules on overseas payments

60% of all the world’s mining and exploration companies and 35% of all oil and gas companies are listed on Canadian exchanges.