ETF investors abandoning gold in droves
Outflows for the first week of June nearly 10 tonnes as total gold holdings drop to fresh six year low.
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Enbridge to pay $4 million over 2010 Kalamazoo oil spill in Michigan
The proposed sum is on top of the $75 million the firm agreed to pay to Michigan last month.
End of the oilsands by 2050? G7 puts Canada on the spot with target for low emissions
Canada’s energy sector will have to transform itself to lower greenhouse gas emissions in the long term, Prime Minister Stephen Harper said Monday.
Hard-core investors found real resource projects in a Vancouver conference center
When the market bears are growling, contemplating a trip to a showcase of the companies currently in the grip of that punishment can seem daunting.
The gold price shorts are back in town
Hedge fund bets on cheaper gold in the future up 18% to 6.3 million ounces in three weeks.
G7 agrees to phase out fossil fuels by end of the century
U.S., Canada, Germany, France, the UK, Japan, and Italy agreed to cut greenhouse gases by phasing out the use of fossil fuels by the end of the century.
Low metals prices force Canadian First Nickel to idle Ontario mine
The company said the mine will either be put on "care and maintenance" for a possible restart or closed.
Churchill Mining, Indonesia in talks to solve alleged fraud in coal project licencing
The news comes after Indonesia’s last week decision to drop allegations that the miner had defrauded the state when buying the East Kalimantan coal project.
Trouble brewing in South Africa’s gold mining sector
The country's radical Association of Mineworkers and Construction Union (Amcu) said it would begin a wildcat strike in the sector if its rival union and companies extend wage deal to its members.
