March 9, 2016

Blankenship may face $28 million fine for coal mine disaster

Donald Blankenship, the former CEO of now-defunct Massey Energy, is now facing a $28-million fine in addition to a year in jail for his role in the Upper Big Branch…

March 9, 2016

Indonesia could deplete coal reserves by 2033 – PwC

Indonesia could exhaust its economically retrievable coal reserves by 2033, a study by PriceWaterhouseCoopers released on Monday showed.

March 9, 2016

PDAC 2016 Convention exceeds 22,000 attendees

Optimism and opportunity abounded at the PDAC 2016 Convention of The Prospectors & Developers Association of Canada in spite of recent industry challenges, indicating a positive shift in sentiment amongst…

March 9, 2016

Slowing Chinese demand of coal to hurt Mongolia — BMI

The ramp up in Mongolian coal production will be faced with decreasing demand from China, the major importer of Mongolian coking coal.

March 8, 2016

Teck CEO shoots down speculation about Fort Hills oil sands stake

Ceo Don Lindsay said the expenses being incurred on the project act as a tax shelter for the cash flow currently being generated by Teck’s coal and copper mines.

March 8, 2016

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…

March 7, 2016

Celebrating 125 years of the Ontario geological survery

The Ontario Geological Survey is celebrating 125 years of documenting the geology of Ontario and providing modern, independent and credible geoscience data and knowledge to the public.

March 7, 2016

BC mineral explorers highlight decreasing land base during PDAC convention

This week, the Association for Mineral Exploration British Columbia (AME BC) is highlighting how restrictive land access and use regulations and policies are putting the future mineral exploration and development…

March 6, 2016

Oregon becomes first US state to ban coal-fired power

The Clean Energy and Coal Transition Act commits to eliminating the use of coal-fired power by 2035 and to double the amount of renewable energy by 2040.

March 4, 2016

Mining stocks in once-a-decade rally

Friday's jump in copper and iron ore prices propel mining stocks to biggest weekly gain since 2008.