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
Latest Stories
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.
Coal dust near Great Barrier Reef worries scientists, environmentalists
Coal has washed up very close to the UNESCO World Heritage Site, Australian authorities said, following an investigation into complaints of black dust on nearby beaches.
Copper price drops despite outages at world’s biggest mines
Strike at Escondida, export ban and smelter problems at Grasberg and community clashes at Las Bambas.
Thabazimbi mine to be transferred to ArcelorMittal South Africa Ltd
Until 2014 Thabazimbi was a captive mine owned and run by SIOC, but supplying ore exclusively to and funded by AMSA.
Anglo American to sell Kumba despite iron ore rally — experts
While iron ore prices have climbed 90% in the last year to over $80 a tonne, the sale of Kumba would prove prudent for Anglo's long-term outlook, given its high debt load, BMI analysts say.
BHP to spend $2.2bn on US Mad Dog oil project
Expansion has the potential to increase production to 140,000 barrels of oil per day from the about 80,000 barrels it currently generates.
Teck, Suncor up cost of Fort Hills oil sands project
Cost per barrel, however, will remain at about $84,000 per flowing barrel of bitumen.
