Energy Top Stories

EY: Distress and divestments to dominate mining deals in 2016

EY notes that after the fifth consecutive year of declining deal volume and values, increasing levels of financial distress will trigger more divestments, spin-offs, joint ventures and possibly hostile takeover bids.

Ernst & Young | March 8, 2016 | 2:00 am

Cameco slowly expands world’s biggest uranium mine, betting on recovery

Cameco's McArthur River mine in northern Saskatchewan is expected to…

Reuters | March 7, 2016 | 10:24 am

Mongolia settles row with Canadian miner, pays $70 million

The move comes as the Asian country is launching a…

Cecilia Jamasmie | March 7, 2016 | 3:11 am

Oregon becomes first US state to ban coal-fired power

The Clean Energy and Coal Transition Act commits to eliminating…

Andrew Topf | March 6, 2016 | 2:53 pm

Mining stocks in once-a-decade rally

Friday's jump in copper and iron ore prices propel mining…

Frik Els | March 4, 2016 | 2:43 pm

Industry Watch: Marin Katusa calling for $2,000 gold

Al Korelin chats with Marin Katusa (from Casey Research) about the precious metals and worldwide commodity markets. Marin also discusses Copper Mountain, a copper company he co-founded that has just released very positive earnings results.

Even Keel Media | May 24, 2012 | 7:31 pm

Zuckerberg lost $1.5 billion in 24 hours, but he wasn’t the unluckiest billionaire. Batista was

The declines wiped $1,744,800,000 from Batista's personal fortune in one day, which means he fared worse than Mark Zuckerberg who suffered more than $1.5 billion in losses as a result of the post Facebook IPO fiasco.

Frik Els | May 23, 2012 | 8:57 pm

Olympic Dam Taskforce CEO to doubters: We’re planning 10,000-strong village, already building airstrip for 737s

The copper-uranium-gold-silver project has a 100 year mining life, so a glitch this year was unlikely to sway a company that thinks well ahead, the CEO of the Olympic Dam Taskforce said Tuesday.

Frik Els | May 22, 2012 | 9:03 pm

Foreign investment in the oilsands a win-win

We certainly could produce oil in Alberta without the contributions of foreign businesses. But would it be a good idea?

Sun News | May 22, 2012 | 8:15 pm

Patriot Coal is burning down

Trading in the stock was halted in a circuit breaker around lunchtime after falling 57.6% over doubts about its finances and is now worth less than tenth of what it was in July last year.

Frik Els | May 22, 2012 | 7:47 pm

Hard coal landing: Australia scraps $9 billion port expansion

The state government has scrapped plans for a $8.8 billion coal terminal expansion project at Queensland's Abbot Point, Australia citing funding issues and environmental regulations, but China's slowing economy probably had more than a little to do with it.

Frik Els | May 21, 2012 | 9:18 pm