Energy Top Stories

Brien Lundin: Brexit underlines currency debasement as the real driver behind gold price appreciation

The Brexit vote to leave the E.U. is bullish for…

BHP hikes exploration spending to focus mostly on copper, oil

It will raise its annual exploration spending by 29%, allocating…

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Rio Tinto sells South African coal assets to Canadian company

If you had any doubts over what mining giant Rio Tinto (ASX, LON:RIO) thinks about coal and small operations, today’s news should make it clear. The Anglo-Australian miner has agreed to sell two minor coal assets in South Africa to Canadian Forbes & Manhattan Coal for $53 million

Caterpillar falls after lowering its outlook for 2015

Shares in Caterpillar Inc (NYSE:CAT), the world's largest earth-moving equipment maker, fell 2.2% after hours as the company cut its 2015 profit outlook. The company warned weaker commodity prices would result in a bigger-than-expected decline in demand, worsened by mining companies scaling back expansions and shelving major projects.