Opec and its allies plan to hold a meeting in March to assess their oil-production accord in Azerbaijan, and then ministers will gather to set policy in April, according to the organization’s top official. The body that reviews the implementation of Op…
Opec+ plans review in Baku in March, Ministers’ Meeting in April Read More »
Angela Merkel’s commission plotting Germany’s exit from coal faces a tricky balancing act: how to stop mining and burning the dirtiest fossil fuel without whipping up more voter anxiety over job losses. Germany’s chancellor meets with coal-state govern…
Merkel seeks to preserve jobs while phasing out coal plants Read More »
Electric cars are better for the environment than traditional gasoline models, and that benefit will grow as power generators shift away from coal. That’s the conclusion of research by BloombergNEF, which found carbon dioxide emissions from battery-pow…
Electric cars seen getting cleaner even where grids rely on coal Read More »
Mark Bristow’s tenure as boss of the world’s biggest gold miner might have been short-lived, but his message for smaller rivals just got even more pointed.
“Holy camoly, I missed out on a great opportunity!” is how Bristow described anyone not involve…
Monster gold-mining deals pile pressure on those left behind Read More »
Investors and analysts are still debating whether the biggest gold mining deal ever is good for acquirer Newmont Mining, but the CEO of the target company could end up millions of dollars richer.
David Garofalo is eligible to collect at least $6.9-mi…
Garofalo may exit with $6.9m in biggest gold M&A Read More »
Canada’s influence on the global mining industry appears to be shrinking by the day.
Perhaps stung by the nationalistic backlash against Barrick Gold Corp’s merger with Randgold Resources, Newmont Mining devoted a big chunk of its news release Monday …
Newmont deal for Goldcorp erodes Canada’s gold clout further Read More »
The cost to create the world’s largest gold company: A 17% premium for a $10-billion all-shares acquisition that faces some big-time challenges down the line.
Newmont Mining’s deal for Goldcorp stands in stark contrast to the recent zero-premium merge…
Newmont’s Goldcorp gamble may need ‘drastic surgery’ to work Read More »
Angola will give the outcome of its first diamond auction on January 31 as the southwest African country’s seeks to increase transparency, attract more investment and boost government revenue, state-owned diamond-trading company Sodiam said. The evalua…
Angola to hold first diamond auction as it seeks to open sector Read More »
US Senate Minority Leader Chuck Schumer says he will force a vote on a measure to block the Treasury Department’s plans to lift sanctions on three Russian companies linked to oligarch Oleg Deripaska, who is reported to be under scrutiny by Special Coun…
Senate democrats will force vote on sanctions of Deripaska firms Read More »
Angela Merkel this week will seek to bridge divisions in Germany about how quickly to cut the nation’s reliance on coal, a controversial issue that has sparked violent clashes between green protesters and police and rattled its brittle governing coalit…
Merkel seeks to heal rift over role of coal in Germany’s economy Read More »
