December 9, 2016

Global oil and gas exploration likely to return to profitability in 2017

Dr Andrew Latham, vice president of exploration at Wood Mackenzie said: "The industry has a good chance of achieving double digit returns in 2017. Smarter portfolio choices and lower costs…

December 9, 2016

Fresh shake-up at Rio Tinto in aftermath of bribery probe

Russian-Canadian Vera Kirikova will become human resources group executive while Simone Niven will assume the corporate relations group executive post.

December 9, 2016

Moody’s bumps US steel industry outlook to stable

Better outlook comes on the back of rising prices, improving capacity utilization and declining imports.

December 8, 2016

MMG’s Las Bambas copper mine forced to file new environmental plan

The move is part of the new government's strategy to rebuild trust on the project following deadly protests that halted exports from the mine in October.

December 8, 2016

Cenovus resuming Christina Lake oil sands expansion, boosts capex

Construction of the 50,000-barrel-a-day expansion will begin in the first half of 2017, the company said.

December 8, 2016

Anglo American about to make key decision on South African assets sale

While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains…

December 8, 2016

Trump not mining’s sole option to stop onerous EPA mine bonding program

Industry claims the U.S. Bureau of Land Management, the U.S. Forest Service, and state regulatory agencies already possess what miners contend are adequate financial guarantee programs.

December 7, 2016

Nevsun off to the races after eye-popping Serbia assays

Drilling results from Vancouver-based company's super high-grade Timok copper-gold project lifts market value to within sight of US$1 billion.

December 7, 2016

Capital allocation: Canadian miners’ top priority for 2017

With fluctuating commodity prices, the top priorities for Canadian miners next year will be capital allocation, strategic deal making and employing new technology and innovations, a report shows.

December 7, 2016

Global rough diamond production about to reach its peak

Global rough diamond production will reach its peak in only three years before entering into a supply deficit by 2020, two separate reports show.