Oil majors’ costs have risen 66% since 2011
The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead
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CAT shares hammered as feds search offices
Federal officials executed a search warrant at three of Caterpillar facilities, including the corporate headquarters in Peoria.
World’s largest new diamond mine begins commercial production
Gahcho Kué, owned by De Beers Canada and Mountain Province Diamonds, is expected to produce around 54 million carats of rough gems over its 12-year lifetime.
Joy Global posts first-quarter loss, but will pay dividend
Joy will pay a dividend of $0.01 per share by March 31, provided that the proposed merger with Komatsu America Corp. does not close before the close of business on March 17, 2017.
The Joburg township where outlaws make the rules
t’s dangerous‚ often fatal‚ but illegal underground gold mining is pretty much all that sustains the economy of Lindelane‚ a sprawling township of tin shacks and shebeens near Benoni‚ to the east of Johannesburg.
Next oil rally? Futures say market Is tightening
U.S. oil inventories are at record levels, but there are a few glimmers of hope that the glut could be starting to subside.
Copper price jumps on Grasberg grind, Escondida escalation
Freeport sees "fundamental shift" at iconic mine as Indonesian spat gets heated and dispute at giant Escondida copper mine in floods-hit Chile turns ugly.
Striking miners at BHP’s Escondida block roads, clash with police
Incidents come despite a local judge ruled late Tuesday that a deferred payment from 2016 should go out to workers within 48 hours.
Yancoal fresh loss casts doubts on planned acquisition of Rio’s mines
Industry observers believe Yancoal will face several challenges when trying to complete a $2bn equity issue to finance the acquisition of Rio’s coal mines in the Hunter Valley.
