Glencore has extended the deadline to complete takeover of Xstrata (LON:XTA) by a month after South African power utility Eskom expressed worries about its coal supplies.
Resource nationalism is one of the main causes of the current commodity prices instability and it is threatening global security, warns London-based Chatham House in its latest report.
Australia’s mining industry will become the world’s number one again over the next two decades, attracting as much as 18 times the investment planned for South Africa, according to the latest report from Deloitte.
Hinde Capital CEO Ltd. and manager of the Hinde Gold Fund, Ben Davies, says gold's recent decline is over and claims the market will continue to stabilize from here.
Pfizer Inc.'s medical research lab in St. Louis County, Minnesota, is missing $700,000 worth of gold dust, but it is not clear how or for what purposes the pharmaceutical giant uses the precious metal.
The government of Afghanistan announced Friday its preferred bidders for three of its four current mineral tenders, with a consortium backed by City of London banker Ian Hannam, former BHP Billiton CEO Chip Goodyear and Poland’s multibillionaire Jan Kulczyk, emerging as the biggest winner.
Mining the moon has been a topic widely explored in the last few months as scientists find evidence the earth’s satellite contains rich deposits of minerals. Now a new company offers to take prospectors up there for only $1.5 billion a trip.
Alberta’s oil sands have grabbed the attention of the world’s energy industry in recent years, but other Canadian region is challenging that privileged position.
As analysts predicted, UK Chancellor George Osborne used his Autumn Statement Wednesday to announce tax breaks and the creation of a government office to simplify regulation of the unconventional gas sector.
