When paying $1 for a coal power plant is still paying too much
A New York-based company is in talks to buy the 847-megawatt San Juan Generating Station for $1, after four of its five owners decided to shut it down.
Latest Stories
Russia’s Polyus gets extra 5% stake in Sukhoi Log gold deposit
The deal raises Polyus' stake in Sukhoi Log, one of the largest untapped gold deposits in the world, to 63.4%.
Anaconda arranges $5m loan for work at Goldboro
The company expects to complete the Goldboro feasibility study this year.
Anti-Trans Mountain pipeline funds flow from unexpected sources
Well-funded environmental groups opposed to Trans Mountain received NEB funding.
Strike hits Goldcorp’s Cerro Negro mine in Argentina
Mining stopped on March 8, when members of the Asociación Obrera Minera Argentina (AOMA) downed tools, and processing activities have now also ceased following the exhaustion of surface stockpiles.
Workers put brakes on wrong train in BHP iron ore train derailment-regulator
The train had to be deliberately derailed after it reached speeds of 162 km/hour (101 mph), destroying two locomotives, 245 ore cars and 2 km (1.2 miles) of track.
Mixed signals for China steel and iron ore point to prices drifting lower
More certainty is needed on the demand outlook before prices can lock in a definitive direction.
Canadian oil outlook ‘significantly deteriorated’: International Energy Agency
With Canadian oil prices under pressure and so much uncertainty regarding new takeaway capacity, companies have been reluctant to launch new projects.
Canadian miner ready to drill at centenary Arizona gold project
The US Bureau of Land Management approved Arizona Silver's Notice of Intent to start exploration drilling on the Philadelphia project.
