February 13, 2018

BHP takes $1.8 billion hit from US tax reform

Charge is due to due to cuts in the US Federal corporate income tax rate, the world’s biggest mining company said.

February 12, 2018

Soaring cobalt prices force Samsung SDI to mine metal from old phones

The firm is also trying to halve use of cobalt in batteries from around 20% by raising the proportion of nickel, and it will start researching on development of nearly…

February 12, 2018

Russia and Iran to revamp Fordow nuclear facility

The Russia-Iran conversations are taking place within the framework of the Joint Comprehensive Plan of Action on Tehran’s nuclear program.

February 12, 2018

Suncor Energy hikes stake in Syncrude in $730 million deal

Canada's largest energy producer also buys into Norwegian Sea oil project.

February 11, 2018

In Iceland, more energy will be used for bitcoin mining than powering homes

Mining bitcoins requires a great deal of computing power which in turn needs a lot of electricity to solve the computational puzzles that reward miners with cryptocurrency. 

February 9, 2018

Ten-year yields point to higher commodities: Shelley Goldberg

The correlation between commodity price and the 10-year has been strong over time, for a number of reasons.

February 9, 2018

LME says likely to make fee cuts permanent after volumes rise

The LME cut fees on short-dated carries in October and on medium-dated carries in November in a bid to revive volumes.

February 9, 2018

Russia says discussing road map for usage of PGMs with South Africa

Donskoi discussed the need for more active cooperation in the usage of PGMs.

February 9, 2018

Canada’s Thor Explorations may raise up to $35m in a London listing

Thor, which is already listed in Toronto's TSX Venture Exchange, will use the proceeds of the new listing mainly to fund its Segilola Gold Project.

February 9, 2018

BMW mining deals imminent as cobalt price powers on – report

"The aim is to secure the supply all the way down to the level of the mine, for 10 years."