Swiss gold refiners to resume work, easing supply constraints

Gold and oil benefited from the collapse, while base metals and most diversified miners suffered from it.

The cuts follow a number of reductions announced for the U.S. and Canada last year.

Energy and Mines Minister Bill Bennett rang in 2016 with thoughts of a potential rescue package for B.C.’s beleaguered mining industry on his mind to ward off potential shutdowns.

Investors have publicly called on the company’s independent directors to deal with the “misguided policies and missed opportunities” that have hurt their investment.

With prices down roughly 10%, the precious metal is on track to record its third-straight annual loss, the first time it has posted a triple-loss streak since 1998.

The decision, part of a series tough measures, seeks to cut both oversupply and a worsening pollution crisis in the country.

The largely unregulated use of mercury has created a major worldwide environmental hazard.

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs.

The global outlook for uranium looks bright, with Asia's burgeoning nuclear energy industry fuelling demand for the radioactive metal.