October 26, 2016

Mick Davies’ X2 Resources fails to deliver, frees investors from commitments

Launched three years ago with a $5.6bn war chest, the fund once hailed as leader of a new wave of mining investment changes course.

October 25, 2016

Caterpillar axes sales forecast, warns factors depressing orders could linger

While quarterly earnings beat analysts expectations, revenue fell short of estimates and CAT also lowered its full-year guidance.

October 25, 2016

The world’s largest nuclear power station went on a treasure hunt—here’s what they found

As operator of the world’s largest nuclear power station, Bruce Power LP generates staggering amounts of electricity — roughly 50 terawatts each year, according to James Scongack, the Tiverton, Ont.-based…

October 24, 2016

Caterpillar rally hindered by fresh drop in sales

The world’s largest heavy machinery maker has logged a 18% drop in global sales of machinery for the three-month period ended in September.

October 20, 2016

BHP Billiton to lose chairman Jac Nasser next year

He said he had intended to announce his retirement last year but chose to stay on while BHP dealt with the aftermath of the Samarco mine disaster in Brazil.

October 19, 2016

World’s top miner BHP Billiton finally sees signs of recovery in mining

BHP is not the first major player to flag green shoots in the mining industry. Caterpillar, the world's largest heavy machinery maker, said the same last month.

October 18, 2016

Argentinian province to launch mining referendum

A moratorium in place since 2003 bans open-pit mining and the use of cyanide for metal recovery.

October 14, 2016

Canada’s top five mining juniors doubled their market cap in 2016

All gold companies except for the top one.

October 13, 2016

Positive signs put Canadian junior miners in a good position for recovery – PwC report

Investors have seen a rise in the market capitalization of top junior mining companies on the TSX Venture Exchange by more than 100% compared to last year.

October 7, 2016

Uranium miner looking at gold

Aura Energy has set its hopes on a gold deposit next to its uranium Tiris project in Mauritania.