CHARTS: Gold miners to hike investment in 2017
Project funding would be main priority, says Moody’s.
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Alpha Natural execs. face fraud charges for failing to disclose $100M in liabilities
Regulators argue the undisclosed liabilities increase the probability that the state will be left with claims under the surface-mining and other environmental laws.
Anglo’s Los Bronces mine in Chile to remain shut until safe to resume work
Decision follows a fresh attack by hooded protesters who seized installations over the weekend.
China the centre of lithium universe
Beijing is pushing for zev mandate: 8% of new cars to be electric by 2018, 12% by 2020.
Lucapa granted new five-year exploration licence for iconic Angola mine
The miner said the decision applies to the entire 3,000 square kilometer Lulo site, a project that has bored some massive gems, including the largest diamond ever found in Angola.
CHART: Mining capex decline set to continue
Global miners have been cutting spending on new projects and expansions since 2012.
Iron ore price set to top $80
Chinese futures speculation frenzy continues.
Gold price fights back – touches $1,200
But ETF investors continue to pull out – GLD has lost 65 tonnes since Trump victory.
Oil comes back to life in Canada
Two years after the collapse in oil prices forced the oil and gas industry to scale back drilling, the Canadian Association of Oilwell Drilling Contractors (CAODC) is forecasting a year-over-year increase in the number of wells drilled in Canada.
