Energy Top Stories

Gold price rally boosts Canada’s mining sector growth

Strong performance also came on the back of strategic initiatives,…

Japan ‘swimming against current’ when it comes to phasing out coal

Report shows that Japan is the only G7 country seeking…

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Anglo American sheds workers as coal prices plummet

London-based Anglo American (LSE:AAL) has joined an expanding list of coal producers making staff cuts at specific Australian operations, after it announced it will cut at least 50 jobs when its Moranbah North mine reverts back to a single longwall operation.

India takes its coal mines back

India’s Prime Minister Manmohan Singh said Monday the government has already initiated the process of cancelling mines to companies that failed to develop them.

BHP sells Australia’s mammoth uranium deposit

BHP Billiton (LON/ASX/NYSE:BHP) took Monday another step away from resource expansion in Australia, particularly in the uranium sector. The world's number one miner announced it's selling one of the country's largest undeveloped deposits of the yellow element to Canadian Cameco (TSX:CCO) (NYSE:CCJ) for $430 million.