February 9, 2018

Cameco’s profit beat estimates on improved uranium prices, cost-cutting drive

Canada’s top uranium producer is seeing the first improvements brought by higher prices and drastic cost-cutting measures, including the recent haly of its flagship McArthur River mine in northern Saskatchewan.

February 8, 2018

Gold price: Value of ETF bullion tops $100 billion for first time in 5 years

New report shows money continues to pour into gold-backed exchange traded funds with North American investors responsible for 75% of January inflows.

February 8, 2018

Coal buyers spooked by Indonesia’s new shipping rules

Indonesian coal buyers holding back orders of fuel after government issued new shipping rules for coal and crude palm oil that restricts exports to vessels.

February 8, 2018

Vedanta hit by iron ore mining halt in Goa

Company's shares fell as much as 5.5% on the news that the Indian Supreme Court had cancelled all the 88 existing iron ore mining licences in the Indian coastal state…

February 8, 2018

Ivanhoe boss said he’d pay higher taxes in Congo if it benefits locals

Robert Friedland, founder and executive chairman of Ivanhoe Mines, said he would be happy to pay higher taxes if there is stability in Congo's rules and transparency in the accounting…

February 8, 2018

China wealth fund said to join fray for $2bn Rio Tinto portfolio

The country's sovereign wealth fund is considering joining the bidding for Rio Tinto's last remaining coal mines.

February 7, 2018

Caution to investors looking to uranium

Investor, Modern Energy Expert & Author of ‘My Electrician Drives a Porsche?’, Gianni Kovacevic cautions investors looking to uranium.

February 7, 2018

Rio Tinto pays biggest divvy in history as profit hits three-year high

Mining giant posts 90% increase in profit amid what CEO Jean-Sébastien Jacques calls “resilient” commodity prices.

February 6, 2018

Gold price: 9 straight years of record annual mine production

New report shows world's mines produced all-time peak of 105 million troy ounces of gold in 2017 despite 9% drop in output in top producer China.

February 5, 2018

Rio investors asked to push miner to leave Minerals Council of Australia

Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio’s upcoming annual general meeting.