Cecilia Jamasmie , Senior Editor

The U.S. Defense Department needs to realize the dangerous consequences a potential lack of domestic rare earths may have on the U.S. weapon industry, suggests a latest study by the Congress released last week.

Anglo American (LON:AAL) and Xstrata (LON:XTA) coal mines are among the four operations being investigated over probable environmental violations, after they were accused of discharging contaminated water into the Fitzroy River, located in the North East state of Queensland, Australia.

Rough diamond prices were expected to continue climbing “across the market” this year, London-listed Gem Diamonds said on Monday.

Anglo American has halted preliminary work for installation of a power line at its Minas Rio iron ore project in Brazil, following a judge's decision to suspend the installation license for the line.

Kinder Morgan (NYSE: KMP) is going ahead with its planned $5 billion expansion of the Trans Mountain pipeline in Canada, which brings crude oil from the Alberta oil sands to Vancouver’s port.

Canadian NovaGold Resources Inc. (TSX:NG) said its net income fell to $16.8 million in the first quarter pushed by the elimination of foreign exchange gains because of a new arrangement with warrant holders.

Metals producer Doe Run Peru’s creditors rejected a restructuring plan the company presented with a view to restarting operations at the La Oroya smelter, said in a statement the Energy and Mines Ministry, Jorge Merino Tafur.

The melting ice cap in the Arctic sea could open up access to immense mineral reserves, attracting billions of dollars in investment, but also bringing with it unique risks and challenges, says Lloyd’s/Chatham House latest Risk Insight report.

The Minerals Council of Australia (MCA) resumed today an ad campaign initially launched in July last year, attacking alleged hikes on the federal government's mining and carbon taxes.

Indonesia wants to have its mining cake and eat it too, as the country, one of the world's largest exporters of copper and coal, will speed up a tax on mining exports, the industry minister Mohamad S. Hidayat told Reuters today.