Glencore Xstrata shutting Australia’s Ravensworth coal mine down
The miner blamed the decision on weak coal prices, high costs and a strong local dollar.
Latest Stories
Southern African miners at high risk of dying from tuberculosis — report
The frequency of TB among mineworkers is ten times higher than the level of a health emergency as defined by the World Health Organization (WHO).
Suncor can’t randomly drug test employees, panel rules
Panel rules the program would be an unreasonable invasion of privacy.
Mysterious stock dump sends Montreal metals junior tanking
Orbite Aluminae crashed 36% in massive volumes on Wednesday without any fresh news that could have prompted the sell-off in the alumina and rare earth technology company.
Taseko fights for New Prosperity, files second judicial review application
Says government held 'inappropriate closed door meetings with opponents' of the proposed mine.
The US now produces more than 10% of the world’s crude, thanks to the shale industry
US tight oil production averaged 3.22 million barrels per day over the past three months.
Canada’s oil sands hit hardest by investment barriers to Chinese firms
Chinese capital could fund 40% of the necessary investment in the country's oil sands over the next 20 years.
Australia slashes iron ore price forecast again
Official commodity researcher of Australia cuts outlook for 2014 and predicts steady decline for the rest of the decade.
WTO ruling: Get ready for rare earth price war
Chinese rare earth miners to go back to competing on price after WTO rules country's rare earth export quotas illegal.
