International crude oil is hovering around $63 per barrel, close to its level two years ago. Meanwhile, China’s oil product prices now exceed those in the US. According to the ...
ANZ Bank has responded to accusations that it failed to act after serious concerns were raised about a mine it financed in the Phillippines. Aid organisation Oxfam says spillages of cyanide-laden ...
Meridian Petroleum, an oil and gas exploration and production company, has signed a contract with Terrex to acquire 88sqkm of 3D seismic on its 100% owned PEL82 license in the ...
Brazil's Vale, one of the world's top three mining companies, said on Thursday its third-quarter net profit rose sharply as gross revenues and iron ore sales hit records but nonferrous ...
Katanga Mining Ltd., the company restarting the largest underground copper mine in the Democratic Republic of Congo, said it is reviewing capital expenditures as the global credit crisis intensifies. "This review ...
While tumbling copper prices have caused some of the world's largest producers to retrench, startup copper mining projects such as the Rosemont mine southeast of Tucson are moving ahead with ...
The so-called "super cycle" that sent copper prices soaring has abruptly ended, the CEO of the world's biggest copper miner said. Codelco, the Chilean state copper giant, is a significant source ...
World stock markets slumped Wednesday as a stream of disappointing corporate earnings in the U.S. fueled pessimism about the global economy despite further thawing in credit markets. Britain's FTSE 100 index ...
Nemi Northern Energy & Mining Inc. (TSX:NNE.A), a Vancouver-based coal developer, has agreed to merge with Australia's Aviva Corp. in a move to create a larger producer of metallurgical and ...
