PDAC: Friedland previews ‘Revenge of the Miners’

With the changes, Anglo’s chief Mark Cutifani is trying to turn around the company’s fortunes following years during which it has underperformed its peers.

Until now, there was no legislature clarifying issues such as whether resources mined from celestial bodies could be sold on Earth.

Suncor, Canada's dominant oil sands player, telling COS shareholders the firm has a record of “underperformance, financial challenges,” and vulnerability to low oil prices.

The move would help the miner meet its ambitious target for reducing its $13 billion debt by $3 billion before year-end.

With Japan finally restarting some of its nuclear reactor fleet (two reactors have come online since August) and China continuing its breakneck reactor build-out (with 29 reactors in operation and 22 under construction), the one commodity in the natural resource space that is actually carrying some positive fundamentals today is uranium.

The treasure-hunting pair is focusing only on non-invasive testing at the moment.

Peabody’s concessions came in response to a probe that found the company had not been forthright with investors and regulators about threats to its business.

The new government is considering to stop production at several of its mines until at least 2018 in an effort to help prices by reducing a global oversupply.

The Argyle Pink Diamonds Tender, known as the ‘Connoisseurs Collection” weighing a total of 44.14 carats and including four Fancy Red diamonds, was internationally popular with winners from 11 countries.