New technology helping keep miners afloat but prices still under water

Gold miners in particular have stepped up technology investment within a falling capex budget, as the metal price in producers’ currencies has held up much better than other commodities.

Reuters | February 17, 2016 | 12:15 am

Canadian companies sell “jewels” to keep oil sands afloat

Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going.

Reuters | February 9, 2016 | 12:20 am

China FX reserves fall almost $100 bln to lowest since May 2012

The size of the drop was second only to the $107.9 billion fall in December, the largest monthly decline on record.

Reuters | February 7, 2016 | 11:45 am

New Indian rule backfires, boosts unofficial gold trade

The government's latest attempt to control gold imports has boosted unofficial trading in the world's second-biggest gold consumer.

Reuters | February 2, 2016 | 2:29 am

Anglo American risks eviction from FTSE 100

FTSE 100 reweighting to take place in March.

Reuters | February 2, 2016 | 1:40 am

Canada’s Royal Nickel turns producer with two acquisitions

Picks up private Australian nickel and gold mine and stake in Manitoba copper mine from VMS Ventures.

Reuters | February 1, 2016 | 2:35 pm

Indonesia, Freeport fail to reach deal over copper export permit

The two sides have yet to resolve a government demand that the US firm first pay a $530 million deposit.

Reuters | January 28, 2016 | 3:24 am

India’s gold bonds seen luring investors in search of safe haven

The second tranche of India's sovereign gold bonds, whose sale began on Monday, is likely to draw good response from investors.

Reuters | January 18, 2016 | 1:00 am

Warm weather threatens vital ice road for Canada’s remote diamond mines

Unseasonably warm weather has set back ice formation on one of Canada's most unique ice road.

Reuters | December 29, 2015 | 1:19 am

Japan court clears way to restarting Kansai Electric nuclear plants

"The decision is extremely improper, underlining an unwillingness to learn from the Fukushima Daiichi disaster."

Reuters | December 24, 2015 | 1:08 am

Zambian copper mining under threat, stable rules needed

Hit by a slump in copper prices, Zambia should maintain stable mining policies and taxes to avoid losing out to new, lower cost mines elsewhere, said the Chamber of Mines President Nathan Chishimba.

Reuters | December 16, 2015 | 8:33 am

Austria says it has repatriated 15 tonnes of gold from London

Austria has repatriated 15 tonnes of its gold reserves as part of a plan to hold half its stock of the precious metal within the country's borders.

Reuters | December 14, 2015 | 12:32 am

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