May 2, 2017

Greece to sell coal-fired plants, mines as part of bailout deal

Athens will begin testing the waters for such sale in November, with the goal of wrapping up the sale by June 2018.

May 2, 2017

South32 buys stake in Canada’s Arizona Mining for $81 million

The Perth-based miner has agreed to purchase 45 million shares of the Canadian junior at a price of $2.45 per share, or about 15% of Arizona Mining’s outstanding shares.

May 2, 2017

Australian officials slam banks decision to refuse backing country’s largest coal project

The lenders’ move follow a decision by Australia’s second-largest bank Westpac to only fund new projects in existing, rather than new, coal basins as part of its new climate policy.

May 1, 2017

BC Election: Major parties on future of mining

Question of whether government should be industry overseer or collaborator is at centre of resource platforms of Liberals, NDP and Greens

April 30, 2017

US thermal coal exports targeted by campaigning BC premier

Christy Clark has proposed a ban on the export of U.S. thermal coal from B.C. ports in retaliation for the recent imposition of a 20% duty on Canadian lumber.

April 26, 2017

BHP puts US shale assets back on the block amid investors pressure

The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.

April 25, 2017

Caterpillar soars as first quarter sales jump for first time in over two years

The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.

April 24, 2017

Sandvik starts the year with better-than-expected profit

Miners have begun spending in equipment again, the Swedish firm's results show.

April 24, 2017

More iron ore comes to the market as Anglo’s output soars in Q1

Both iron ore and diamond output rose in the first quarter thanks to a continued ramping-up of the company's Minas Rio mine in Brazil and improvements in the gem market.

April 21, 2017

BMA investment to create hundreds of jobs

BHP Mitsubishi Alliance (BMA) has announced it will invest over two hundred million dollars into the Bowen Basin, creating hundreds of jobs, which shows the ongoing strength of Queensland’s coal…