Energy Top Stories

Rio Tinto sells stake in Rossing uranium mine to China

The company is selling its 69%-stake in Rossing Uranium Limited, which owns the Namibian mine, to China National Uranium Corporation (CNUC).

Cecilia Jamasmie | November 26, 2018 | 3:20 am

Oil heads for seventh weekly loss on signs of global supply glut

Demand for Saudi crude may be lower in January compared…

Reuters | November 23, 2018 | 9:42 am

UK’s Banks Mining wins challenge to government rejection of new coal mine

Britain's High Court quashed the government's rejection of the new…

Reuters | November 23, 2018 | 9:26 am

Sibanye shuts gold mines in South Africa as strike turns violent

Operations at Driefontein, Kloof and Beatrix mines were halted late…

Cecilia Jamasmie | November 22, 2018 | 5:58 am

Global oil demand under growing threat from electric cars, cleaner fuel

Analysis shows oil consumption growing in coming decades, due to…

Reuters | November 21, 2018 | 3:46 pm

Loonie headed to 75 cents by autumn:BMO

Canadians can expect the value of the loonie to drop even further this summer, reaching US$0.75 — or perhaps even lower — according to economists at BMO.

Business in Vancouver | July 27, 2015 | 1:41 am

Teck credit rating at risk due to poor commodity price

Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) reported increased profit in 2015’s second quarter but as commodity prices slide, the company sees a greater risk of its credit rating being demoted from investment-grade.

Business in Vancouver | July 24, 2015 | 9:08 am

Anglo American to axe 53,000 jobs, put 15 assets up for sale

“It is a pretty tough market,” said Chief Executive Mark Cutifani, “and in all likelihood the next six months are going to be even tougher.”

Cecilia Jamasmie | July 24, 2015 | 8:05 am

New study: Costs of permitting delays to mining projects

Study shows half of a mining project's value can be lost due to permitting delays.

National Mining Association | July 24, 2015 | 5:00 am

Canada-owned oil sands mine in Utah to begin producing in fall

Calgary-based U.S. Oil Sands is working through the summer to complete a 2,000-barrel-per-day oil sands mine in eastern Utah, one of the country's first commercial operation of this kind.

Cecilia Jamasmie | July 24, 2015 | 3:15 am

Mining firms should act now to stay ahead of local content rules

Global miners could be at risk of losing valuable exploration and operating licences unless they step up their efforts to award work to suppliers in the locality of contracts.

Achilles | July 24, 2015 | 1:00 am

Global miners improve policies on community consent, while oil and gas lag

Implementation of “free, prior and informed consent” policies vital tool to prevent conflict and costs to companies, reveals study published Thursday by Oxfam.

Oxfam America | July 23, 2015 | 7:20 am

Coal slump hits Teck’s profit, output forecast

The Vancouver-based miner profit fell 21% in the quarter, making it adjust its 2015 coal production forecast to 25-26 million tonnes from 26.5-27.5 million tonnes.

Cecilia Jamasmie | July 23, 2015 | 5:30 am

Glencore to slash 380 coal jobs in South Africa

It had said in January that the closure of its Optimum coal mines would put over 1,000 jobs at risk.

Cecilia Jamasmie | July 22, 2015 | 8:02 am

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