February 15, 2016
Anglo American debt down to junk, outlook negative
Moody's worried about company's bulk portfolio, especially iron ore, while its radical restructuring "faces high execution risk".
February 15, 2016
Moody's worried about company's bulk portfolio, especially iron ore, while its radical restructuring "faces high execution risk".
February 12, 2016
President Mauricio Macri has revoked a 5% tax imposed by the previous administration on mining companies.
February 12, 2016
Teck Resources and Freeport-McMoRan led a mining stock rally on Friday as surging oil prices provided relief for their foray into energy before prices tumbled.
February 11, 2016
The net loss also included a number of other smaller items, partially offset by an increase in revenue to $2.85 billion from $2.62 billion.
February 11, 2016
The loss includes a Cdn$598 million impairment charge on its Fort Hills oil sands project in Alberta.
February 10, 2016
The move could have driven away investors at a time of historically low commodity prices and energy shortages that are driving down output in the country.
February 10, 2016
The B.C. government is throwing the mining industry an emergency lifeline in the form of deferred electricity bill payments that could be worth more than $300 million.
February 10, 2016
The figure is the second largest year-over-year decline since the U.S. Bureau of Economic Analysis (BEA) began reporting the series in 1948.
February 9, 2016
Mining in the area of the Andes mountains right above the continuous tree line had been prohibited since 2011, but concessions granted before such ban had continued to date.
February 9, 2016
Canada is the world’s fifth largest oil and gas producer and its energy export revenues are a significant part of the economy.
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