September 8, 2015

Canadian regulator lets Nexen reopen 40 utility pipelines at Long Lake

The remaining 55 pipelines affected by a suspension order must stay closed until the company can demonstrate they're safe.

September 8, 2015

South African president to broker talks on mining job cuts

Mining employs about 440,000 in South Africa and makes up more than half of its exports.

September 7, 2015

Campaign to save Australia’s coal sector heavily mocked in social media

The PR campaign praising the “endless possibilities” of coal in providing “light and jobs” has triggered a massive reaction among social media users.

September 7, 2015

Glencore fights back — to slash debt by $10bn, halt copper mines in Africa

Mounting pressure from investors has forced the firm to come up with a $10 billion package of debt-reduction measures.

September 6, 2015

India’s Modi Tells Coal Power Plants to Subsidize Solar

Prime Minister Narendra Modi’s government has ordered some of India’s oldest coal-fired power plants to help make solar farms more competitive

September 4, 2015

World’s top 5 miners lose $540 BILLION market worth

CHART: The commodity slump has slashed major miners' market valuations to 60–88% below 2011 highs.

September 4, 2015

Glencore’s just had one of its worst weeks ever — shares down 22 pct

The company, already the worst performer in the FTSE 100 index in 2015, has lost almost 60% of its value since the beginning of the year.

September 4, 2015

Canada’s Supreme Court lets Ecuador villagers sue Chevron for $9.5bn

The decision could set a precedent for similar cases involving mining companies around the world.

September 3, 2015

Fission Uranium Corp.: Triple R PEA Shows US$14.02/lb OPEX, 46.7% Pre-Tax IRR and $1.81 Billion Pre-Tax NPV

Robust Economics Illustrate Potential for Very Profitable Project With Low OPEX and Fast Payback

September 3, 2015

Fission Uranium sees $7 billion Saskatchewan mine

Economic assessment of Triple-R project in the Athabasca basin envisages building $1.1 billion hybrid mine producing more than 100m pounds over 14 years.