East River granted permission to purchase insolvent Connacher Oil and Gas
The junior oilsands producer has been operating under creditor protection since May 2016.
Latest Stories
Chile’s Codelco plans to raise $1 billion in 2019
Chile's state-owned miner Codelco, the world's largest copper producer, plans to raise up to $1 billion next year to help finance the overhaul of its existing mines.
Burundi gets 15% gold-mining stake amid minerals expansion plans
Burundi has declared an end to a more than three-year political crisis and is seeking to attract investment to the landlocked nation.
Exxon puts $1 M into quest for carbon tax-and-rebate plan
An effort to put a tax on carbon dioxide emissions just won an unlikely underwriter: a top producer of oil and gas.
Norsk Hydro to resume Brazil’s Alunorte output at half capacity
Norsk Hydro has won permits from Brazilian authorities to restart half the capacity of its Alunorte, the world's largest alumina refinery.
Dalian iron ore hits nearly 3-week high on restocking outlook
Steel mills have restocking demand after holiday break - analysts.
U.S. grants most of Voestalpine’s requests for exemptions to steel tariffs
The United States has granted more than half of the exemptions to its steel import tariffs that Austrian steelmaker Voestalpine and its customers applied for.
China aluminium exports to surge on trade war – CRU
Chinese aluminium exports are expected to surge in coming months and next year after Beijing boosted tax rebates as part of a package to soften the impact of a trade war with the United States.
ERG bets on cobalt from Congo in quest for growth
Eurasian Resources Group (ERG) plans to ramp up cobalt output at its Democratic Republic of Congo (DRC) facility as it expects the electric car industry to boost demand for the metal.
