June 27, 2012

Surprisingly upbeat outlook from Peabody ignites US coal stocks

The US coal industry bellwether – leading a surge in coal counters on Wednesday – sees accelerating China coal imports and signs of stabilizing US coal supply-demand fundamentals.

June 27, 2012

Peabody Energy analyst and investor forum focuses on global markets, Peabody positioning and value creation

Energy analyst and investor forum focuses on global markets, Peabody positioning and value creation

June 27, 2012

Glencore ponders changes to Xstrata deal as major shareholder demands better terms

Commodities trader Glencore International is studying modifications to its $26 billion bid for miner Xstrata after Qatar's sovereign wealth fund, a key shareholder, unexpectedly opposed the deal's terms.

June 27, 2012

Altius Minerals corporation (TSX:ALS) reports annual net loss of $4,611,000

Altius Minerals reported a net loss attributable to common shareholders of $4.6 million for the year. Altius previous year's earnings included the sale of an iron ore project to Alderon…

June 27, 2012

Manitoba ranked as best Canadian jurisdiction for oil and gas investment followed by Saskatchewan and Alberta in new global survey

Manitoba is the best place in Canada for oil and gas investment, based on the opinions of petroleum executives and managers who participated in the annual Global Petroleum Surveyreleased today…

June 26, 2012

Bashed billionaires: Lakshmi Mittal is mining’s biggest loser

Firstpost reports after a 5% salary increase Lakshmi Mittal took home $1.74 million last year working as the CEO of ArcelorMittal. The […]

June 26, 2012

Investments worth their weight in graphite: Glen Jones

Graphite is the "it" metal of the moment, but as an investment space it remains largely misunderstood.

June 26, 2012

Glencore-Xstrata deal ‘on the verge of collapse’ after Qatar withdraws support

Qatar's about-turn means that more than 25% of shareholders eligible to vote at the 12 July meeting are now against the deal’s current terms.

June 26, 2012

Global glut pushes Canadian crude down to $52 a barrel, pricing oil sands out of the market

At $52 a barrel how can high-cost bitumen producers compete against Saudi-Arabia pumping oil at the fastest rate in 30 years, the ramp-up in the Bakken and vast new gas…

June 26, 2012

Precious Metals: keep it simple

This weekend I had a conversation with a fund manager friend who I admire. He lives in the Asia-pac region and has tremendous knowledge of and insight into markets.