Suncor Energy and Teck Resources Ltd have taken higher stakes in Fort Hills oil sands mine from partner Total SA, resolving a dispute over building costs.
Arrival of new Silicon Valley players like Tesla and Apple to old world of metals serves to reinforce focus on environmentally clean, ethical supply chains.
Vale and BHP Billiton in talks over future of their Samarco iron-ore joint venture, including the possibility of the Brazilian miner taking full ownership.
The permit was issued to allow the miner to continue exporting copper concentrate while company representatives and government officials go on with the discussions around Freeport’s future operations.
Markets where technology hasn’t substantially shortened the supply cycle and where cost are rising (ie copper) have the greatest long-term upside in prices