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…

April 21, 2017

Coking coal price correction turns into crash

–9% on Friday.

April 21, 2017

BHP top shareholders step up pressure for oil spinoff

They're pressing the company not only to accept a proposal by activist investor Elliott Management to spin off its US petroleum business, but to fully demerge all of its oil…

April 20, 2017

Post cyclone coking coal price plunge

Drops 4% to $289.50 a tonne despite greater than expected Australian supply outage.