Australia’s $5 billion bet on clean coal
The Australian government has opened the door to using a $5 billion fund designed to attract investment in northern Australia, to develop clean-coal projects.
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Finland inks $266 million deal to revitalize Europe’s largest nickel mine
A large but troubled nickel mine in Finland may be back on the road to profitability thanks to a recent deal that saw commodities trader Trafigura take a 15.5 percent stake.
DR Congo’s perfect storm
A leaked White House memo, which outlines the suspension of a portion of the Dodd-Frank rule on ‘conflict minerals’, will exacerbate already high levels of violence in DR Congo.
Iron ore price hits 2.5-year high
Chinese import volumes rise to second highest on record in January.
Copper price surges on BHP force majeure
Copper hits 20-month high after world's number one miner says can't honour supply contracts from Escondida, responsible for 5% of global output.
Scientist finds three new uranium-rich minerals in Utah
The three new minerals, leesite, leószilárdite and redcanyonite, will allow researchers to study how different forms of uranium can propagate in the natural environment.
Canada’s Cameco posts $62 million loss hurt by sinking uranium prices
Prices for the radioactive metal have fallen more than 50% since the Fukushima disaster in 2011
Oil sands an overlooked investment opportunity — BMO
The bank believes that Canada’s oil patch may be "on the cusp of a new investment cycle” as oil settles into a US$50-60/bbl range.
Quebec pulls permits for Copper One’s exploration claims at Riviere Dore
The miner says the decision is clearly “abusive” and it evidences “an excess of jurisdiction,” reason why it will appeal the resolution.
