Strikes and bad weather hammer BHP’s production
Heavy rains and a prolonged strike at its Queensland coal mines have taken their toll on the world's biggest miner.
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Canada makes good on promise to streamline mining, oil and gas projects
The Canadian government followed through on last month's budget promise to streamline environmental reviews of resource projects with a plan for "responsible resource development."
IMF forecast gets more upbeat
The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.
Freeport McMoRan ripe for takeout, analysts say
Freeport McMoran Copper & Gold is currently valued so low that it is an excellent target for a takeover, according to media reports today.
Final report on Newmont’s $4.8 billion Conga gold project delivered to Peru’s Government
The long-awaited and twice-postponed report from international experts on the environmental impact study (EIS) for Newmont and Buenaventura’s US$4.8 billion copper-gold project, the Conga mine, is finally in the Peruvian government’s hands.
$4bn subsidy for Australian mine sector
The federal government gives just over $4 billion in direct subsidies to mining companies each year, mainly in the form of cheap fuel and tax breaks for building roads and railways, according to a report by the Australia Institute think tank.
Mongolian government tells SouthGobi Resources to stop mining
Three weeks after SouthGobi Resources' $925 million deal with Chalco, the Government of Mongolia told SouthGobi that it had to suspend exploration and mining activity on certain licenses.
Silicon Valley looks east for cheap energy to power data centers: Greenpeace
While Silicon Valley maybe a center of the environmental activism, Greenpeace issued a report on Tuesday accusing IT companies of setting up data centers in the eastern United States where power is cheaper and dirtier.
Sunny day for uranium miners; Energy Fuels grabs Denison’s American assets
Denison Mines (NYSEAMEX:DNN) was up 14.69% to $1.64 on Tuesday after announcing Energy Fuels Inc. (TSE:EFR) will acquire all its mining assets and operations located in the United States in exchange for 425.44 million common shares of EFR.
