October 28, 2015

Drop in mining sales takes toll on Komatsu Q2 results

Construction and mining equipment account for almost 90% of Komatsu’s revenue.

October 28, 2015

Shell abandons oil sands project in Canada, takes $2bn charge

The decision to scrap the Carmon Creek project, said the company, was partially due to a lack of pipelines to coastal waters.

October 28, 2015

Canada’s First Nations, mining companies benefited from modern treaties — report

Modern treaties have drove First Nation communities’ real income up by about 17%, benefiting several industries, especially the extractive sector, a new study shows.

October 27, 2015

Ecuador aims to attract $750M in mining investment next year

The government is planning to open up new mining areas for gold and copper exploration.

October 27, 2015

These countries are winning at gold mining

The number of registered artisanal miners, or barrequeros, inside Colombia now top 100,000 and production should keep rising.

October 27, 2015

Aussie Gov’t under attack for saying there is ‘moral case’ for coal mines

But authorities and miners say calls for a global moratorium on coal mines ignore the scale of global demand for energy.

October 27, 2015

US coal miner Murray Energy sues Obama Administration

The Ohio-based company says the new ozone standards will severely harm the country's already battered coal industry.

October 27, 2015

Russia and China increase gold holdings while central banks continue their expansionary monetary policy

Even though the price of gold failed to make a decisive break above the 200 day Moving average, the price looks set to continue its upward trajectory.

October 26, 2015

African Potash appoints former politician to board

Mark Simmonds has been appointed Director of the Company with effect from 10 November 2015.

October 26, 2015

Weak metal prices to hit miners through 2016 — Moody’s

The situation, says the ratings agency, won’t change over the next 12 to 18 months, and metal prices may fall even further.