Metso-Outotec merger moves forward as hurdles clearedFormer competitors expect to complete the combination June 30, 2020.Cecilia Jamasmie | March 10, 2020 | 6:52 am
Jingye Group completes buyout of British SteelThe group also said it planned to invest 1.2 billion…Reuters | March 9, 2020 | 9:49 am
Gold slides below $1,700 as investors look everywhere for cashNot even gold is immune to the barrage of selling…Bloomberg News | March 9, 2020 | 3:33 am
Suncor cuts oil sands output for 2016 Canada's dominant oil sands player, however, plans to spend about $900 million more next year. Cecilia Jamasmie | November 18, 2015 | 4:45 am
Teck Resources to axe 1,000 jobs, lowers dividend With the announced cuts the diversified miner brings the total redundancies over the past 18 months to about 2,000. Cecilia Jamasmie | November 18, 2015 | 2:02 am
Saudis planning for a war of attrition in Europe with Russia’s oil industry Russia sends 70 percent of its oil to Europe, but Saudi Arabia has been making inroads in the European market amid the oil price downturn. Oilprice.com | November 18, 2015 | 12:29 am
Copper price hits fresh six year low as Paris attacks continue to weigh in The industrial metal, often viewed as a barometer of global economic growth, fell to its lowest level since 2009. Cecilia Jamasmie | November 17, 2015 | 9:54 am
Cliffs to halt operations at Minnesota iron ore mine The move will help the cash-strapped coal and iron ore miner to continue operating for the short term. Cecilia Jamasmie | November 17, 2015 | 8:18 am
Brazil mine accident puts tailings ponds safety back in the hot spot Until early November, the failure at the Canadian Mount Polley copper mine had been the worst such breach in recent years. Business In Vancouver - Nelson Bennett | November 17, 2015 | 6:27 am
K+S Potash to hire 150 workers for its Canada’s Legacy project The Legacy mine, located approximately 50km north of the city of Moose Jaw, will be the first new potash operation built in the last 40 years in Saskatchewan. Cecilia Jamasmie | November 17, 2015 | 5:11 am
Rio Tinto to close Queensland coal mine if extension gets rejected The company said that extending Kestrel, its only underground coal operation, would add 20 years to the mine’s life. Cecilia Jamasmie | November 17, 2015 | 3:08 am
World coal consumption to drop up to 4% further by year-end Use of coal for power generation peaked about two years ago, a new report suggests. Cecilia Jamasmie | November 16, 2015 | 7:55 am