June 6, 2012 Global mining industry profits and shares went different ways in 2011: PwC Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.
June 6, 2012 Discovery of world’s largest tungsten mine sends Chinese stocks skyrocketing Shares of China's tungsten companies climbed on Wednesday after the country’s Ministry of Land and Resources announced the discovery of the world's largest tungsten mine in east province of Jiangxi.
June 6, 2012 Investment, technological advances to double Canada’s crude oil production by 2030 Canada will double its crude oil production by 2030, increasing output from three million barrels a day to 6.2 million barrels a day, according to a study by the Canadian…
June 5, 2012 At least 30 coal carriers with unsold cargo floating off China’s coast The drop-off in demand, exacerbated by high inventories thanks to a mild northern hemisphere winter and a surge in US exports have led to a collapse in thermal coal prices.
June 5, 2012 India’s state-owned ONGC considers $5 billion oil sands investment Other bids for ConocoPhilips' oil sands assets expected as foreign money continues to pour into Alberta's oil patch.
June 5, 2012 Huge setback for Rinehart and Reddy empires Australian environment minister Tony Burke decided on Tuesday to "stop the clock" on Hancock Prospecting and GVK's Alpha coal project despite approval from the state of Queensland given last week.
June 5, 2012 Canada re-emerges as the top destination for mining and metals deals: Ernst & Young Canada topped the global mining and metals sector as the number one target destination by total deal value in the first three months of this year, says international firm Ernst…
June 5, 2012 No Dutch disease here: report shows commodity sector boosts manufacturers The massive developments in mining and oil and gas in Canada have also pulled along a thriving manufacturing sector, according to a study by Conference Board of Canada and the…
June 5, 2012 Maybe dirty, certainly cheap: Canadian crude crashes through $60 a barrel A $40 discount to the global oil price, competition from Bakken shale oil, rising labour costs, pipeline problems and overproduction put in jeopardy billions of dollars of oil sands projects.
June 4, 2012 Golden days ahead: Dave Kranzler Savvy investors and central banks in Asia are accumulating physical gold, the most stable form of value.
Grupo Mexico targets US expansion on copper boom The firm said its Asarco unit was proceeding with plans to reopen and renovate its mothbolled Hayden smelter in Arizona and the Amarillo refinery in Texas. January 28, 2026 | 11:10 am
