Canadian oil sands producers set a target to lower the amount of fresh water used in bitumen processing by 50% by 2022 in a bid to reduce harm to the environment, an industry group said.
China’s gold imports from Hong Kong rose for a third month as increasing jewelry sales countered weakening demand for the metal as an investment amid falling prices.
BHP Billiton Ltd. (BHP), the world’s biggest mining company, plans to take a scalpel to capital spending and costs to bolster cashflows as iron ore and crude oil prices plunge.
Copper futures fell for the third time in four sessions as demand concerns mounted after Japan unexpectedly sank into a recession and U.S. industrial production declined.
More than two years after 34 protesters were killed in the deadliest police action in South Africa since the end of apartheid, the state is completing its investigation.
Alberta, which derives a quarter of its economy from the oil sands and other energy resources, is poised to grow at the slowest pace in five years as crude prices slump.
Rolling power blackouts will probably continue across South Africa this week as Eskom Holdings SOC Ltd. struggles to recover capacity from its second-biggest plant after a coal silo cracked and collapsed, it said.
Canada’s Platinum Group Metals Ltd. (PTM) says its low-cost South African projects will benefit as competitors shut down old unprofitable mines, slashing global output by as much as 35 percent.
As demand for gold rebounds amid the global rout in equities, the metal’s climb to a one-month high may not be the best gauge of the new-found buzz in a market that had been dormant for most of 2014.
Chile’s government will seek talks with large-scale mining companies to make more land available for smaller mineral explorers as it seeks to expand the copper industry, the world’s largest.