Anglo American core profit beats, on journey to ‘zero harm’

Major commodity-producing countries are set to remain under intense finance strain in 2016, which will increase the risk of social unrest, says Verisk Maplecroft.

Only 0.6% of private capital raised in 2015 for natural resource investment is for mining projects–one wind farm fund attracted more than the entire sector.

Eleven of the 28 deaths last year occurred at coal mines, a sector that has seen employment decrease significantly in recent years, especially in Appalachia.

Oil prices jumped on the first trading day of 2016 as Middle East tension outweighed a selloff in financial markets around the world.

David Talbot of Dundee Capital Markets forecasts uranium demand growth of about 6% compounded annually through 2020, which ought to be more than enough to kickstart depressed U3O8 prices.

The takeover bid expires on Friday.

The last time the weather event was present, it wrought havoc on the mining industry in Australia, with thermal and coking coal mines in Queensland hit by flooding from cyclones and heavy rain.

Hard decisions by some mining companies are required in 2016 if they are to avoid solvency problems, warns the Bank of Merrill Lynch.

With temperatures that can drop to nearly -50°C, these mines offer some of the most challenging working conditions in the world.