Energy Top Stories

Caterpillar further cuts profit, sales forecast

CAT said commodity prices remain on the low end and had yet to translate into increased mining activity or higher demand for equipment.

Cecilia Jamasmie | July 26, 2016 | 4:50 am

Anglo reshuffles Kumba Iron Ore management ahead of sale

The company however is still debating whether to sell or…

Cecilia Jamasmie | July 26, 2016 | 3:05 am

China snaps up $4.5bn worth of overseas mining assets in just six months

Most of them have been after existing operations and companies,…

Cecilia Jamasmie | July 25, 2016 | 9:02 am

Husky’s oilsands project back on track after Fort McMurray wildfire

Husky Energy says its thermal oilsands project that was shut…

Global News | July 24, 2016 | 1:20 pm

Did oil kill the dinosaurs?

What killed the dinosaurs? It's a question as old as…

Oilprice.com | July 21, 2016 | 9:04 am

Whitehaven shuts Sunnyside on declines in coal prices

Aussie miner Whitehaven Coal (ASX:WHC) has announced the indefinite suspension of operations at its Sunnyside mine near Gunnedah in New South Wales. […]

Marc Howe | October 26, 2012 | 12:20 am

Indonesian businessman warns foreigners of local investment perils

A prominent Indonesian businessman has warned foreign miners of the perils of investing in his own country over the next two years due to new laws which curb overseas ownership.

Marc Howe | October 26, 2012 | 12:00 am

Years away: Kloppers says BHP waiting for new technology before Olympic Dam decision

If you're spending $33 billion you want to do it as efficiently as possible.

Frik Els | October 25, 2012 | 8:01 pm

Australia’s mining tax proves a huge fiasco

Australia’s Federal Government has seen sunnier days as reports revealed Thursday it has not collected any revenue in the first three months of its much-debated Minerals Resource Rent Tax (MRRT).

Cecilia Jamasmie | October 25, 2012 | 11:34 am

Lagging productivity imperils Australian coal miners’ prospects

The lagging productivity of the Australian coal industry could render as much as a third of the sector's output unprofitable.

Marc Howe | October 25, 2012 | 4:15 am

Cheaper commodities won’t kill off Australia’s mining boom

Australian Resources Minister Martin Ferguson says the onset of an era of low commodities prices does not spell the end of the country's China-backed mining boom.

Marc Howe | October 25, 2012 | 12:39 am

It’s just looney: Oil sands crude crashes through $60 a barrel

The international benchmark sits at $107 a barrel, while US oil fetches $85.

Frik Els | October 24, 2012 | 8:18 pm

Alberta oil sands to benefit Canada’s total economy: report

Alberta's oil sands will positively affect all Canadian provinces and will lead to billions of dollars of jobs and investment across the country, says a Conference Board of Canada report released Wednesday.

Cecilia Jamasmie | October 24, 2012 | 5:50 pm

AngloGold Ashanti fires 12,000 South African striking miners

AngloGold Ashanti Ltd. (NYSE:AU), South Africa's largest gold miner by output, said Wednesday it has began to dismiss about 12,000 of its striking workers, joining this way an increasing list of mining companies that have sacked workers in an effort to end crippling strikes.

Cecilia Jamasmie | October 24, 2012 | 5:03 pm

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