Alberta inks $1.36bn deal with three firms to shut down coal plants
Payments will be done over the next 14 years to compensate the firm for shutting down their plants earlier than originally planned.
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BHP, Vale throw cash lifeline to their halted Samarco iron ore mine
Hefty new loans come as the Brazilian joint venture assesses whether it can reopen the iron ore mine where a dam disaster killed 19 people last year.
South32 looking for more coking coal mines
The company, however, has decided to stay away from thermal coal assets due mainly to uncertainties over demand linked to climate concerns.
What to learn from silver miners’ latest reality check
Despite their huge correction, the elite silver miners’ fundamentals remain strong. They are producing at costs far below prevailing silver levels, with profits poised to soar as silver recovers.
Donald Trump’s stock in Dakota Access oil pipeline company prompts concern
Trump’s investments could affect any decision he makes on the US$3.8 billion project as president.
Aussie gold miner with Chinese parent company looking to buy half of Kalgoorlie
Barrick Gold's (NYSE,TSX:ABX) quest to find a buyer of the Kalgoorlie "Super Pit" has taken another intriguing turn.
Zinc shoots to 8-year high on expected metal deficit
The last time the benchmark zinc price was this high, Americans were in the throws on an election that saw Barack Obama take over from George W. Bush.
Finland to ban coal use for energy by 2030
Coal use has been steadily falling in the European nation since 2011 and it currently generates barely 8% of its power needs.
China to invest $1.3bn expanding Toromocho, its largest overseas copper project
Preliminary deal is part of a series of agreements signed this week that will see China pouring close to $5.3 billion into Peru’s mining and energy sector.