The US will close 30 refineries by 2020 due to collapsing demand: Verleger

Noted oil economist, Philip Verleger, says the US is moving to energy independence because of the recent innovations in oil production and demand destruction in the country.

Michael Allan McCrae | June 20, 2012 | 6:51 am

Maybe solar could take out nuclear

Business Insider's Gregor MacDonald was amazed at solar power's break out in the last energy report from BP, and he wonders if more traditional power sources that are hobbled by cost, regulation and uncertainty will lose to solar power.

Michael Allan McCrae | June 19, 2012 | 5:16 am

Subsidies for Spanish coal mines yanked; workers protest

Protests in northern Spain are turning violent with riot police using batons and tear gas to squelch striking coal miners who are worried their way of life may be on the way out.

Michael Allan McCrae | June 19, 2012 | 5:02 am

Judge settles decade old case over boat carrying 480,000 oz. of Klondike gold

Ocean Mar has been granted exclusive salvage rights to the steamship SS Islander carrying gold from the Klondike that sank near Juneau, Alaska, over 100 years ago.

Michael Allan McCrae | June 18, 2012 | 10:13 pm

DeepGreen’s Clipperton project would make Nautilus’ Solwara 1 project look like ‘child’s play’

Peter Koven at the National Post looks at the Vancouver-based DeepGreen Resources, a private company that just signed 50% off-take agreement with mining giant Glencore International.

Michael Allan McCrae | June 15, 2012 | 10:53 pm

Mining minister sides with Australian gold company in Moose River land dispute

Nova Scotia's Natural Resources Minister, Charlie Parker, is supporting DDV Gold Ltd., an Australian gold company, over a family run Christmas tree farm that doesn't want its land expropriated and turned into an open pit mine.

Michael Allan McCrae | June 15, 2012 | 10:29 pm

Why a slowdown in China would be particularly bad for Canada

Andrew Hepburn writes that everyone is looking for signs that China is falling apart, but forget to consider how badly Canada would be hurt.

Michael Allan McCrae | June 15, 2012 | 10:00 pm

The three highest paid executives in BC all worked at Ivanhoe Mines

John Macken, who recently gave up being president of Ivanhoe Mines, was BC’s top paid executive and brought home a total $23.358 million […]

Michael Allan McCrae | June 15, 2012 | 5:36 am

About one-third of mining execs think their industry will turn bumpy this year

Mining executives don't see a lot of sunshine in 2012 and a full 20% have started laying off workers, according to a report by Business in Vancouver and the Mining Recruitment Group.

Michael Allan McCrae | June 15, 2012 | 4:42 am

Churchill Mining’s $2-billion lawsuit will not be heard by Indonesia’s supreme court

Indonesia will not be righting the perception that it's a place safe for miners after the country's supreme court said it will not hear Churchill Mining's (LON:CHL) appeal in its two-year legal battle to get compensation for a coal project that the company says was unfairly seized.

Michael Allan McCrae | June 14, 2012 | 10:06 pm

Xena: Warrior Princess actor convicted after camping out on an oil driller

Lucy Lawless, known for her portrayal as Xena: Warrior Princess, pleaded guilty to trespass on Thursday after she and nine Greenpeace activists camped out on an Arctic bound oil-driller docked in New Zealand.

Michael Allan McCrae | June 14, 2012 | 5:26 pm

Why monetary policy is like arsenic and Ron Paul likes gold

David Frum explains all.

Michael Allan McCrae | June 14, 2012 | 4:08 pm

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