Smart money is piling into oil
Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector.
Latest Stories
McEwen ponders sale of Mexican assets
The net proceeds would be used to advance other development projects and retire a portion of the company’s debt.
First Cobalt targets Canada plant restart within 2 years — CEO
The company is reportedly in talks to supply its battery-grade product to four leading automakers.
Copper producer KGHM may freeze more mines in Canada, US – CEO
KGHM's foreign assets have struggled with rising costs, falling copper prices, technical problems and higher-than-expected capital spending.
Zimbabwe mulls ‘use it or lose it’ approach to mining rights
Zimbabwe may withdraw mining rights from companies that take too long to dig for minerals.
Vancouver gold junior bounces on Golden Triangle drill results
Benchmark Metals has released additional assay results from its Lawyer's gold and silver project.
Anglo Asian’s Azerbaijan gold output rises 5% in Q1
The company forecasts total metal production of between 82,000 to 86,000 gold-equivalent ounces in 2019.
Lynas board turns down $1.1B Wesfarmers bid
The rare earths miner said its board had concluded it would not engage with retail and industrial conglomerate Wesfarmers, stating its unsolicited takeover offer undervalues Lynas' intellectual property.
Canada Trans Mountain Pipeline financials provide few clues on actual price tag and future costs
The controversial Trans Mountain Expansion Project is structured in a way that makes it difficult to determine how much Canadian taxpayers are paying now and will pay in the future.
