The Trump administration is throwing a lifeline to the massive Pebble mine planned near Alaska’s Bristol Bay, as regulators move toward undoing Obama-era environmental restrictions that have thwarted the project.
The Environmental Protection Agency (…
Alaska mine with $100bn lode to get lifeline from Trump EPA Read More »
For the clearest sign yet that renewable energy has gone mainstream, consider this: Clean energy resources supplied more of America’s electricity than coal for the first time ever in April.
Hydropower dams, solar panels and wind turbines generated alm…
For first time ever, renewables surpass coal in US power mix Read More »
NV Energy, the Nevada utility owned by Warren Buffett’s Berkshire Hathaway, agreed to buy power from three massive solar farms equipped with big batteries in the Nevada desert.
The projects mark one of the the biggest expansions of solar and storage e…
Massive solar-storage project is planned for the Nevada desert Read More »
South Africa is working on a policy to govern the development of oil and gas resources after calls by potential investors to shield the industry from a long-running debate over laws that apply to mining exploration. The finalising of oil legislation ha…
South Africa working on new oil, gas policy to enable growth Read More »
Norway’s $1-trillion wealth fund has removed Rio Tinto from its investing blacklist after the world’s second-biggest miner sold out of the controversial Grasberg mine in Indonesia.
Norway has refused to buy Rio Tinto stock for more than a decade becau…
Rio Tinto removed from Norway blacklist after selling polluting mine Read More »
Glencore is cutting out many of its intermediaries – the agents and dealmakers once essential to cracking the toughest markets – amid growing scrutiny of its operations around the world. Under pressure from its compliance division, Glencore is dismantl…
Glencore cuts out agents and dealmakers as scrutiny grows Read More »
Oil steadied after rallying almost 8% in three days as investors weighed the risks of a supply disruption in the Middle East against concerns over the global economy and demand. Futures were little changed near $58/bl in New York. President Donald Trum…
Oil steadies as Iran tensions mingle with economic concerns Read More »
A strike at a major copper mine in the world’s largest producer of the metal risks wiping out 10 000 metric tons from a market that’s already expected to end the year in deficit, according to an industry consultant. The stoppage at the Chuquicamata min…
Strike at top copper miner seen wiping 10 000 t from market Read More »
The gold rally is gaining steam.
As prices climbed above Friday’s high of $1 415.40, bulls came charging in. Futures contracts equal to more than one-million ounces of gold traded in the five minutes ended 11:20 a.m. on the Comex in New York, extendin…
Gold’s rally gains more momentum Read More »
A consortium led by Fosun International is in talks to acquire a majority stake in GV Gold, a Russian gold miner backed by BlackRock, according to people familiar with the matter.
Fosun is considering teaming up with partners including Zhaojin Mining …
Fosun mulls takeover of $1bn Russian miner GV Gold Read More »
