US appoints coordinator for Arctic policy as mineral race heats up

The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.

Majors look to a future with renewable energy – and possibly without oil.

Miners have begun spending in equipment again, the Swedish firm's results show.

Both iron ore and diamond output rose in the first quarter thanks to a continued ramping-up of the company's Minas Rio mine in Brazil and improvements in the gem market.

BHP Mitsubishi Alliance (BMA) has announced it will invest over two hundred million dollars into the Bowen Basin, creating hundreds of jobs, which shows the ongoing strength of Queensland’s coal industry.

–9% on Friday.

They're pressing the company not only to accept a proposal by activist investor Elliott Management to spin off its US petroleum business, but to fully demerge all of its oil and gas assets.

Production for the first three months of the year slumped 37% compared with the same period of 2016.

Drops 4% to $289.50 a tonne despite greater than expected Australian supply outage.