November 8, 2016

Japex postpones oil sands expansion project to mid-2017

Move will push up costs by Cdn$250 million ($187M).

November 7, 2016

Canada’s Quebec injects $130M into Tata Steel Quebec-Labrador iron ore project

Financing consisted of a loan of $50 million from Investissement Quebec along with $125 million for an 18% equity stake in TSMC through Ressources Quebec.

November 7, 2016

Chinese coking coal futures hit the roof

The most-traded coking coal for January delivery on the Dalian Commodity Exchange soared 10% to 1,516 yuan ($224) a tonne, a record high.

November 7, 2016

Weak commodities put infrastructure growth in emerging markets at risk — BMI

Countries heavily reliant on their extractive sectors need to step up efforts to lure investors or they will see their infrastructure sectors stalled, warn analysts.

November 7, 2016

Centerra expects more gold from Kumtor, but issues still loom

The miner increased gold output guidance for the mine to 520,000 to 560,000 ounces and lowered all-in sustaining cost forecast to $666 – $718 per ounce.

November 4, 2016

CAT and Trimble to strengthen mining technology collaboration

As part of the deal, CAT is expected to become the primary sales, marketing, distribution and support channel for Trimble’s Connected Mine platform.

November 4, 2016

6 reasons coking coal price will tank

Number 1: Producers have negotiated quarterly contracts $70 below the spot price.

November 3, 2016

Luxembourg shoots for the stars, invests $28 million in Planetary Resources

The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.

November 3, 2016

The world’s hardest working gold mines

Ten gold mines that timed the gold price rally to perfection – Barrick owns four of them.

November 3, 2016

Glencore did better as commodity trader than miner in Q3

While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.