Top diamond miner’s 36-year-old chief to prove himself with cuts
Son of Putin ally to focus on reduced costs in new role as CEO
Latest Stories
Billionaire Steinmetz recovers from setback in Simandou battle
Ex-executive takes stand after saying last week he wouldn’t
Cheaper solar in India prompts rethink for coal projects
Power from solar panels now half the cost of a new coal plant
The iron ore price also rises
Up 2% on Friday as traders weigh impact of outage at BHP's largest iron ore mine in West Australia.
Silver short-squeeze potential
Sentiment is still reeling following silver’s crushing selloff from mid-April to mid-May.
Has Permian productivity peaked?
According to the EIA's Drilling Productivity Report, productivity (as opposed to absolute production) is set to fall next month in the Permian Basin.
Pimenton mine in Chile goes bankrupt
One of the world's highest-grade gold mines has been closed and its operator has declared bankruptcy due to a lack of working capital.
Gold price jumps after weak US payrolls
Near six week high above $1,280 an ounce.
New BC government could jeopardize Canadian oil exports
The upcoming change in British Columbia’s government could stall the Canadian oil industry’s plans to compete globally by exporting crude to Asia—the world’s fastest growing refining market of which Middle Eastern producers, Russia, and now the U.S. are vying for market share.
