2015



"The Aussie dollar has weakened so much that Australian coal that previously was at the borderline of being profitable, is now profitable," Sultoon says. Image: BHP Billiton

Coal sector woes expected to accelerate, experts say

With coal prices sitting at multi-year lows, almost 17% of coal production this year in the U.S. could be at risk of idling or closure, as total cash costs plus sustaining capital expenditures exceed current market prices, Wood Mackenzie says…






TSX tumbles, March 9-13

Canada’s benchmark S&P/TSX Composite Index index fell during the trading week, losing 1.5% to close at 14,731.50 points. The S&P/TSX Global Gold Index dropped 1.8% to 157.90, as the spot price for gold gave back US$10 to end at…






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