November 23, 2015 LNG boomtowns: fact or fiction? There is a steady stream of stories on the potential benefits liquefied natural gas will bring to the Peace Region.
November 22, 2015 Alberta imposes carbon tax, oil sands emissions cap The measures to address climate change include a carbon tax aimed at individual Albertans, phasing out coal-powered power plants, reducing methane emissions and placing a cap on emissions from the…
November 20, 2015 Commodity prices have not bottomed yet — Goldman Sachs Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.
November 20, 2015 Global coal imports heading for second year of ‘dramatic’ drops The EIA says China and India are to blame, as imports from both nations — which from 2008 to 2013 accounted for 98% of the increase in world coal trade…
November 20, 2015 China admits to have killed 28 suspects on coal mine knife attack The deaths of the alleged "terrorists" took place over a 56-day operation by security forces, the Chinese government said.
November 19, 2015 CEO of Murray Energy: Coal industry conditions the worst I’ve seen in my 58 years Competition from cheap natural gas and heavier environmental regulation of mines and power plants have created the poorest U.S. coal market conditions in at least 58 years, he said.
November 19, 2015 A brutal year for mine financing explained in just one chart A miserable $400 million down from a high of $4.6 billion in 2012.
November 19, 2015 Chinese commodity trade barometer at record low The Baltic Dry Index which tracks bulk shipping rates on more than 50 routes around the world drops to lowest since 1985.
November 19, 2015 Caterpillar sales down again, almost three straight years The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).
November 19, 2015 Indonesia probing allegations of extortion to Freeport-McMoRan by senior officials The investigation aims to determine whether senior officials tried extorting Freeport’s Indonesian unit in return for letting the company continue to operate in the country.
