Covid-19 lops 8% off mining capex spend in 2020 — report

Coal accounted for 62% of the nation’s energy mix last year, down from 64% in 2015.

Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.

The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.

Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.

The world's No.1 iron-ore producer recorded a net profit of $3.98 billion in 2016, a significant recovery from a loss of $12.13 billion it reported a year earlier.

A surge in commodity prices combined with its multibillion-dollar asset fire-sale has put the company in a position to pay big dividends and explore acquisitions.

Up 7% year on year across all regions, supporting rally in iron ore and rebound in coking coal prices.

Net profit was $3.2bn for the six months to December 31, compared with a loss of $5.7bn in the same period a year earlier.

As exciting as Tesla's Gigafactory 1 project is, it’s actually just one of multiple large-scale “megafactories” being built – with many of them being in China.