Roman Abramovich’s sale of a stake in Russia’s biggest mining company shows investor appetite for the country’s assets is returning.
Crispian Investments, a company controlled by Chelsea Football Club owner Abramovich and his partners, increased the s…
Nornickel sale shows taste for Russian stock deals Read More »
It’s not even the end of the first quarter and already there’s a plethora of once-significant South African companies that have either collapsed or had their share prices hit the wall. The likes of sugar producer Tongaat Hulett, tech provider EOH Holdi…
Ten worst South African performers tell tale of battling economy Read More »
Oil sands producers including MEG Energy and Imperial Oil are reconsidering oil sands expansions as new export pipelines are delayed and the provincial government limits production.
MEG had planned to ramp up output at an expansion of its Christina La…
Canadian oil sands’ new growth is stymied by pipeline delays Read More »
One dollar. That’s how much an aging New Mexico coal plant is worth. And by some estimates, even that may be too much.
Acme Equities, a New York-based holding company, is in talks to buy the 847-MW San Juan Generating Station for $1, after four of its…
When paying $1 for a coal power plant is still paying too much Read More »
BHP Group’s runaway iron-ore train saga has taken another twist.
A preliminary report into last year’s calamity in the remote Australian outback has found a rail maintenance crew sent to help the faulty freight train inadvertently worked on the wrong …
BHP crew applied brakes to wrong ore train before runaway crash Read More »
Canada is announcing funding for the country’s smaller steel and aluminum producers as a tariff fight with the US drags on.
Innovation Minister Navdeep Bains said Monday Canada will make available C$100-million in “non-repayable contributions” to sma…
Lengthy tariff fight leads Canada to fund smaller metals firms Read More »
Britain’s shale gas production has the potential to be as good as the best performing shale basin in the US, the Marcellus Formation.
That’s the central finding from the body responsible for promoting onshore gas exploration, which tested levels at th…
UK shale gas potential seen as good as the best in the US Read More »
London’s metals men have often taken an interest in politics.
Nigel Farage, the former leader of the UK Independence party who successfully campaigned for Brexit, started his career trading on the London Metal Exchange. Conservative party treasurer Mi…
The next metals trader hoping to shake up British politics Read More »
A push by the world’s biggest gold miners to get even bigger will likely have a knock-on effect among their competitors, adding new vigor to an industry that failed to inspire investor support in 2018.
The megamerger mania now under way for Newmont Mi…
Megamerger push has gold miners looking for new dance partners Read More »
Zimbabwean Finance Minister Mthuli Ncube said a rule requiring local investors to control platinum mines will be scrapped and foreigners will be allowed to own 100% in a bid to revive investment. “We are removing that indigenization rule, which is disc…
Zimbabwe to scrap platinum, diamond mine ownership rules Read More »
