Oil sands industry to remain under siege until 2020 on low crude prices
The gloomy outlook comes as the International Energy Agency predicts crude oil won't reach $80 a barrel until at least the end of the decade.
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Bitcoin surges 55% in month – Chinese moving capital into bitcoin and gold
Bitcoin has been surging in value since mid October and gained more than 20% yesterday alone.
FLSmidth to supply key process technology for two greenfield gold projects
FLSmidth has been selected to supply key process technologies for two independent greenfield gold mines being built in West Africa and Canada.
Gold recovers, but still heading for third-straight year of losses
The last time the yellow metal dropped in value for three consecutive years was between 1996 and 1998, and experts say prices will fall even further.
China smog at ‘record’ levels as coal burning for heating begins
Local authorities have issued the highest alert, warning residents to stay indoors.
BHP Billiton hits seven-year low in wake of Brazil disaster
Analysts estimate the accident is likely to keep the the Samarco iron ore mine shut until financial 2019, with clean-up costs exceeding US$1 billion.
Lonmin sees salvation, launches $407m rights issue at only 1 pence per share
The company has priced its $407 million share sale at a discount of 94% as it fights for survival after a near-collapse in the commodity's price.
Canadian mine photographer profiled by New York Times
"Open-pit mines are wounds we’ve inflicted, and the wonderment they excite easily becomes tinged with pangs of remorse or dread."
World’s biggest zinc producer exploring total exit from mining
Nyrstar is also considering to cut global zinc concentrate supply by up to a further 400,000 tonnes if the slump in commodity prices continues.
