June 23, 2014

NexGen Energy down amid weak uranium prices

Expected uranium price increase has failed to materialize.

June 23, 2014

France’s Areva expects uranium prices to rebound

Company acknowledges the short-term outlook is bad.

June 23, 2014

India expands uranium enrichment

India is expanding a covert uranium enrichment plant that could potentially support the development of thermonuclear weapons, a defense research group says, raising the stakes in a regional arms race…

June 23, 2014

Colombia’s coal output recovering fast — up 33.8% in Jan-March

Total coal exports, however, fell 13.1% in the quarter, from 17.4 million tons in the first quarter of 2013 to 15.1 million tonnes in the same period this year.

June 23, 2014

Aecon wins $123M Fort Hills oilsands contract

Construction work to begin later this month.

June 23, 2014

Germans give up on getting back their gold held in US

"The Americans are taking good care of our gold Objectively, there’s absolutely no reason for mistrust."

June 23, 2014

Coalview announces plans for a new processing facility site in Pennsylvania

The plant is expected to process approximately 300,000 tons per year.

June 23, 2014

Emerging markets firms to lead global mining sector: PwC

Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.

June 22, 2014

GE acquires Alstom’s power and grid business for US$16.9 billion

Siemens and partner Mitsubishi Heavy Industries came up short.

June 22, 2014

Enbridge opponents rally against pipeline in Prince George

Protests in northern BC.