What’s worse: Too much oil, or too much gasoline? The government of Alberta, weighing the potential of a new refinery for the province, may be on its way to finding out. In 2018, surging crude production in the Canadian province ran into limited space …
If you can’t pipe it, refine it: Alberta seeks oil glut solution Read More »
Eskom Holdings will extend its strategy of trimming top executive positions to include lower ranking managers and finally the general workforce as South Africa’s cash-strapped power utility looks to cut costs, according to a person familiar with the pl…
Eskom is said to extend job cuts beyond top management tier Read More »
Gold may extend gains as global growth slows, equity market volatility remains elevated and the Federal Reserve is expected to ease back on the pace of policy tightening this year, according to a BlackRock money manager, who says the precious metal off…
BlackRock heaps praise on gold’s role as a tough year opens Read More »
Goldman Sachs Group chopped back its near-term metals forecasts as China’s economy has “decelerated notably,” while balancing that outlook with a prediction mainland policy makers will respond by stoking expansion in the second half, aiding a revival i…
Goldman takes hatchet to near-term metals outlook as China sours Read More »
Barrick Gold Corp.’s new chief executive officer has a message for the gold industry: This is just the start of a big shake-up.
Barrick agreed to buy smaller rival Randgold Resources Ltd. in a $5.4-billion deal announced in September. As part of the a…
Barrick’s new CEO says gold industry shake-up is just starting Read More »
Apollo Global Management LLC is in talks to buy Arconic Inc. for about $22 a share in a deal that could be reached by mid-January, according to people familiar with the matter.
The private equity firm and aerospace manufacturer are negotiating a trans…
Apollo Global is said to aim for Arconic deal by mid-January Read More »
A blast at a Czech coal shaft killed 13 people, making it the country’s deadliest mining disaster in almost three decades.
The workers at the CSM mine in the east of the country, 12 of them from neighboring Poland, died after methane exploded about 88…
Blast kills 13 people in deadliest Czech mine tragedy since ’90 Read More »
The world’s biggest copper maker is pushing to modernise one of its oldest mines. With the plans spurring a quickening series of worker protests and disruptions, it’s becoming clear that technical challenges won’t be the only hurdle.
Codelco is in the…
Copper clashes at world’s largest pit signal trouble ahead Read More »
Gautam Adani’s long quest to build a coal mine in the Australian outback faces another setback, with the Queensland state government refusing to sign off on the company’s plans before further studies into the project’s environmental impact are complete…
Indian billionaire’s Australian mine plans face further delay Read More »
Stronger prices, a brighter longer-term demand outlook and the rise of battery metals are laying the ground for a potential revival in mining and energy projects in Australia, according to the world’s top exporter of iron ore, alumina and coking coal.
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Australia flags A$122bn rebound for commodities projects Read More »
