Energy Top Stories

Chart: The march of the zombie miners continues

It was just over a year ago that Tony Simon,…

Miners spending again: $50 billion capex in five months

Confidence returns to mining sector as announced capital outlays surge…

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Fresh doubts over Olympic Dam as BHP freezes hiring

BHP's board was to make a decision on the $30 billion project this year, but a newspaper report over the weekend said a decision will not be made until 2014 and BHP's uranium division "confirmed the deferral and said a recruitment freeze was now in place".

Mittal: Investing in mining, but not India or China

I'm not locating capital to India or China as I don't see things progressing there. We can't remain stuck, so we move on. Now our priority is to reduce debt, we sell non-core assets. But we continue to invest in mining and become self-dependent.

Argus Metals drops 44% on the day

Reports that assays contained "interesting enrichment in certain rare earth elements" and that gold mineralization was not tested in the area, were not enough to deter investors from dumping the stock – which traded at 17 times the normal volume.