December 22, 2014

Look for big rally in junior miners in January after tax loss selling

Be prepared to pick up quality situations during tax loss selling season and benefit off of a powerful January Effect rally.

December 22, 2014

Oil sands technology questioned after series of leaks polluting aquifers

Method under scrutiny is the so-called cyclic steam stimulation, which is the same it was being used at CNRL's Primrose site during a major spill last year.

December 22, 2014

CAT sees no significant impact from depressed oil prices

Depressed oil prices may end up helping, CEO Doug Oberhelman added.

December 22, 2014

One dead, 20 hurt in protests against copper mine 
in Myanmar

The massive copper project, owned by Wanbao Mining Ltd, drew international attention in 2012 when police brutally dispersed protesters, injuring more than 100 Buddhist monks.

December 22, 2014

UK data watchdog hands defeat to Steinmetz over request to quell Simandou mining deal critics

Steinmetz and three BSGR directors argued that Global Witness had obtained personal information about them without authorization and wanted it to be forced to reveal what specific data it held.

December 21, 2014

Traders betting Russia’s next move will be to sell gold

Russia’s surprise interest-rate increase failed to stop the plummeting ruble. Another tool available to repair economic havoc caused by sanctions and falling oil prices: selling gold.

December 19, 2014

Codelco El Teniente mine expansion to take longer, cost $2bn more

The touted expansion of the world's largest underground copper mine is two to three years behind schedule and will require $2 billion more than initially planned, said the company.

December 19, 2014

UK legislators call for an end to forced labour in Eritrea mines

According to the legislators, international mining companies —mainly from Australia, Canada and the U.K— are using the forced labour of Eritreans in their operations.

December 19, 2014

Apple ‘deeply offended’ by BBC documentary on its suppliers exploiting children

The investigative reporting piece exposed extremely poor working conditions in factories making Apple products in China and Indonesia.

December 19, 2014

Liebherr’s mining division sees turnover dip

The German equipment manufacturer expects it to drop by at least 4.5% this year, about $317 million less than in 2013.