Oil prices set to rebound
The unpredictability of today’s oil market is leaving some investors burned by unexpected price gyrations.
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Argentina passes mining act expected to create 125,000 new jobs
Agreement is part of plan to double investment in the sector to $25bn in eight years.
Tanzania says Barrick to pay money owed by Acacia to Gov’t
Barrick confirmed chairman John Thornton met President John Magufuli for talks Wednesday, but didn't mention the details of what, if anything, had been agreed.
China’s Fosun spices up battle for Gemfields with 10% bid premium
Gemfields, which mines for emeralds and amethysts in Zambia and for rubies in Mozambique, had already received a buyout offer from largest shareholder Pallinghurst Resources.
World coal production falls off a cliff
China, the world's largest energy consumer, burned the least coal in six years.
U.S. company signs collective agreement to restart Wabush Mines
Miners at the closed-down Wabush Mines in Labrador could be back on the job thanks to the recent signing of a collective agreement with the union.
Oil sands projects growth to drive need for more pipelines — CAPP
Canada will need more pipelines built through to 2030 to transport an additional 1.3 million barrels per day of oil sands production to markets across North America and around the world, according to the Canadian Association of Petroleum Producers.
Rio Tinto’s Silvergrass iron ore mine to begin production by year-end
The $338 million-project will take annual mine capacity from 5 to 10 million tonnes.
De Beers to host first auction for third-party exceptional polished diamonds
Sellers and buyers of responsibly sourced, exceptional polished diamonds will be able to transact anonymously via the De Beers Auction Sales platform for the first time this month, when the exceptional polished stones auction is held on 29 June.
