October 15, 2014

Mick Davis has now almost $5 billion to build new mining empire

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."

October 14, 2014

Court orders Centerra to halt trade of shares owned by Kyrgyz gov’t

The injunction was sought by Stans Energy.

October 14, 2014

First Quantum warns Zambia tax hike will cost jobs, investment drop

The miner, Zambia's largest foreign investor, operates Kansanshi mine, the eighth largest copper mine in the world, as well as the country's biggest.

October 10, 2014

Zambia launches major overhaul of mining tax, increases royalties

Underground mining royalties will go up from 6% to 8%; underground taxes now 20%.

October 10, 2014

Former Xstrata boss tried buying BHP’s coal division: report

It is unclear whether Mick Davis bid for all the assets that BHP ended up including in the new to-be listed firm.

October 9, 2014

LNG industry in B.C. no slam-dunk

A new industry association representing oil and gas producers trying to develop a liquefied natural gas industry in British Columbia made its debut today with a warning: it’s no slam-dunk…

October 9, 2014

Hundreds of Canadians lifesavings down the drain as ‘God’s’ gold venture fails

Investors claim Liberty International Mineral Corporation CEO has cut off all contact with most of the people who invested at least Cdn$18 million in his company.

October 9, 2014

Areva begins processing uranium from Cameco’s Cigar Lake

Cameco’s Cigar Lake mine is set to become one of the world’s biggest by 2018.

October 8, 2014

The U.S. shale revolution is underway: This drill-rig mover, backed by a Canadian oilpatch titan, is poised to capitalize

The still-rising shale energy boom is moving the United States ever closer to energy independence. This means drilling activity is skyrocketing — and will continue to be heavy for years.

October 8, 2014

Cutifani says tough decisions needed to restore credibility

Anglo's chief warned the company plans to take severe measures over the next two years.