Energy Top Stories

CHART: Mining tide is turning

After the best week for commodity prices in more than three years, sentiment towards metals and mining may finally be turning.

Ranger Mine fire is out

An internal investigation by ERA is looking at the incident.

Kazakhstan is now the US top uranium supplier

The country, the world’s largest uranium producer, accounted for 23%…

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Latest Stories

No Keystone XL means Canadian crude will stay dirt cheap

Caving to pressure from environmental groups, the Obama administration on Wednesday rejected the $7 billion-plus Keystone XL pipeline which would have carried 700,000 barrels of crude oil a day from the Alberta oil sands to refineries along the US Gulf coast. The lack of pipelines like Keystone has meant that Canadian crude sells for much cheaper than global oil – on Wednesday the discount widened to over $30.

Race for Australian mine assets heats up

In what is likely to be upbeat year for Australian mining M&A, some large Asian and U.S. companies are ready to bet on the country's coal, iron ore and uranium assets to meet booming demand for power.