B.C. mineral exploration expenditures hit a record in 2022, says Premier
British Columbia-focused mineral explorers set a new spending record in 2022, hitting $740.4 million, announced Premier David Eby on Monday during an industry event in…
Coal
‘Trudeau-pian’ policy drives mining investment away, says Poilievre
The opening day of the Association of Mineral Exploration (AME) Roundup conference in Vancouver saw some political sparks fly as natural resources minister, Jonathan Wilkinson…
Investors with US$2.2 trillion in assets ask Glencore to justify thermal coal plans
Glencore (LSE: GLEN) is facing fresh pressure by investors with $2.2 trillion in assets to disclose details of its coal production plans and how they…
Colombians demand smooth transition after Glencore exits
The mayors of five municipalities in northern Colombia’s Cesar mining corridor want the government of President Gustavo Petro to phase out mining operations with a…
Canada nixes Glencore’s proposed open pit coal mine project in BC
Canada has rejected Glencore’s (LSE: GLEN) proposed open-pit Sukunka coal mine project near Tumbler Ridge in British Columbia on environmental grounds. The coal mine, 55…
Teck sells closed Quintette coal mine for US$120 million
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK), Canada’s largest diversified miner, has reached a deal to sell its closed Quintette steelmaking coal mine to…
U.S. markets continue to slide during Dec. 12 – 16 trading week
The Dow Jones Industrial Average fell 556 points, or 1.7%, to 32,920.46, and the S&P 500 lost 82 points or 2.1%, over the week to…
Analysts forecast a mixed bag for commodities amid global 2023 slowdown
Given the tumultuous past two years that saw global markets ebb and flow to extreme degrees, it’s perhaps no surprise that the only thing that’s…
The view from England: Coal mine approval a seasonal gift from UK government
Gifts have been exchanged in England during December since before the building of Stonehenge 5,000 years ago. Back then our Neolithic ancestors were celebrating the…
Glencore scraps US$1.3B Australian coal project
Miner and commodities giant Glencore (LSE: GLEN) has shelved plans for a giant A$2 billion (US$1.3 billion) coal mine in Australia’s Queensland state, which would…
US markets fell during Nov. 28 – Dec. 2 trading week
The Dow Jones Industrial Average fell 404.67 points, or 1.2%, to 33,942.36, and the S&P 500 lost 30.31 points or 0.8%, over the week to…
Colombian president calls for mining code reform to favour small-scale ‘traditional’ operations
Colombian President Gustavo Petro proposed over the weekend a new reform to the country’s mining code, which was initially issued in 2001. During a town…