The blockade of rail traffic across Canada due to a disputed gas pipeline and fears about the impact the coronavirus is having on the global economy, sent the S&P/TSX Composite…
The Dow Jones Industrial Average rose 3.0% to 29,102.51 and the S&P 500 advanced 3.17% to 3,327.71. Spot gold fell US$18.50 per oz. to finish the trading week at US$1,570.00…
Anglo American (LON: AAL) has reported a roof collapse in parts of its Moranbah North coking coal mine in Queensland, Australia. The diversified miner said no one was injured in…
German engineering giant Siemens will honour a controversial contract to supply signalling systems to Adani’s Carmichael coal mine in Australia, despite being under fire for the project’s alleged climate implications….
The Dow Jones Industrial Average rose 0.66% to 28,823.77 and the S&P 500 Index gained 0.94% to 3,265.35. Spot gold climbed US$9.80 per oz. to finish at US$1,562.10 per ounce….
The S&P/TSX Composite Index rose 0.99% to 17,234.49 during the first full trading week of January. The S&P/TSX Global Mining Index fell 1.15% to 80.85, the S&P/TSX Global Base Metals…
The mining industry had its share of tragedy this year starting in January with the murder of Canadian geologist Kirk Woodman in Burkina Faso and Vale’s tailings dam disaster in…
Glencore CEO Ivan Glasenberg said in 2018 that he expected to retire within three or four years. But during an investor day in London on Dec. 3, the South African…
Rory Johnston is a commodity economist covering energy and metal markets in Scotiabank’s economics department. His research includes the Scotiabank Commodity Price Index (a monthly assessment of developments affecting the…
Anglo American (LON: AAL) has cut its production forecasts for coal, iron ore and diamonds for the next two years, but is bullish on the outlook for copper and palladium,…
BHP (NYSE: BHP; LON: BHP) has appointed Mike Henry as its new CEO starting Jan. 1, 2020. Henry will replace CEO Andrew Mackenzie, who is retiring on Dec. 31. Currently…
The shift from coal to cheaper and cleaner fuel sources like natural gas and renewables claimed another victim in the U.S. last week. Peabody Energy said it will close its…
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