Copper price surges on BHP force majeure
Copper hits 20-month high after world's number one miner says can't honour supply contracts from Escondida, responsible for 5% of global output.
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Scientist finds three new uranium-rich minerals in Utah
The three new minerals, leesite, leószilárdite and redcanyonite, will allow researchers to study how different forms of uranium can propagate in the natural environment.
Canada’s Cameco posts $62 million loss hurt by sinking uranium prices
Prices for the radioactive metal have fallen more than 50% since the Fukushima disaster in 2011
Oil sands an overlooked investment opportunity — BMO
The bank believes that Canada’s oil patch may be "on the cusp of a new investment cycle” as oil settles into a US$50-60/bbl range.
Quebec pulls permits for Copper One’s exploration claims at Riviere Dore
The miner says the decision is clearly “abusive” and it evidences “an excess of jurisdiction,” reason why it will appeal the resolution.
Coal dust near Great Barrier Reef worries scientists, environmentalists
Coal has washed up very close to the UNESCO World Heritage Site, Australian authorities said, following an investigation into complaints of black dust on nearby beaches.
Copper price drops despite outages at world’s biggest mines
Strike at Escondida, export ban and smelter problems at Grasberg and community clashes at Las Bambas.
Thabazimbi mine to be transferred to ArcelorMittal South Africa Ltd
Until 2014 Thabazimbi was a captive mine owned and run by SIOC, but supplying ore exclusively to and funded by AMSA.
Anglo American to sell Kumba despite iron ore rally — experts
While iron ore prices have climbed 90% in the last year to over $80 a tonne, the sale of Kumba would prove prudent for Anglo's long-term outlook, given its high debt load, BMI analysts say.
