Gold price dips below $1,200
Post-Yellen losing streak continues as hedge funds slash bullish bets by 26%.
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Australian coal exports to Thailand four times higher
The figures demonstrate that developing nations in South East Asia require high quality coal to meet increased electricity demand, powered by the growing urbanization of the population.
Noble shares hammered after CEO’s sudden resignation
The group also announced it would sell its Noble Americas Energy Solutions (NAES), one of its crown jewels.
Glencore bids for Anglo American’s coal mines in Australia — report
Other firms interested in the mines include BHP Billion, South32 and X2, with varying reports as to which remain in contention.
Miner sees silver price surging ninefold as global gadgets boom
A major Japanese electronics maker approached First Majestic Silver Corp. for the first time last month seeking to lock in future stock, a sign of supply concerns that could boost the metal’s price ninefold, according to the best-performing producer of the metal.
Botswana’s first uranium mine gets environmental nod
Australian company A-Cap Resources (ASX:ACB) is a step further to developing Botswana's first uranium mine, after the government approved its environmental impact statement (EIA).
Suncor restarts operations after wildfire evacuation
Suncor Energy (TSX, NYSE:SU) on Sunday announced the "safe and staged restart" of its oilsands operations after an approaching wildfire forced the company to abandon its camps north of Fort McMurray.
Australia’s mining project pipeline dwarfs other countries
Significant brown and greenfield projects through 2020 nearly outnumber the next ten countries on the list.
Mounting risks of impairments globally in coal investments
Changes sweeping the electricity sectors in Japan and China suggest a hugely uncertain future for coal-fired power and a rapidly increasing risk of stranded assets.
