China’s Baosteel faces competition in bid for Aquila Resources
Mineral Resources, which also operates small iron ore mines, now owns a 12% stake in Aquila.
Latest Stories
Canadian diamond exploration perks up
For years it seemed that juniors were fleeing from diamond exploration — and for good reason.
Auctioneer sees silver lining in dropping oil prices
IronPlanet, a major heavy equipment auctioneer, expects an up-tick in its energy unit this year and next due to a downturn in […]
Chile says no to $8bn hydroelectric project in Patagonia
The world’s top copper producer, however, is energy-starved, which has begun affecting the competitiveness of its mining sector and cramping economic growth.
Asteroids mined for fuel to generate trillion dollar market, says firm
Orbiting spacecraft could be refuelled with water taken from asteroids—but some experts doubt the economics.
Canadians losing enthusiasm for building closer ties with Asia
In 2013, 45% of Canadian surveyed said they felt Chinese investment would benefit Canada. In 2014, that number dropped to 35% in 2014, the lowest in a decade.
The Bakken gets bigger – likely a lot bigger
Oil producers are now “cracking the code” on the Torquay, or Three Forks formation below the Bakken, and coming up with incredible economics—these wells are paying back in only seven months.
‘Peaking’ supply surge to lift iron ore price above $100
Research note from Citi sees $90 as support and a move back above $100 in Q4, but UBS warns on collateralized loans.
BHP Billiton a step closer to selling-off non-core operations
World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.
