Blankenship may face $28 million fine for coal mine disaster

Shell Canada’s application for the Quest project, a proposed $1.3 billion carbon capture and storage operation situated northeast of Edmonton, has obtained approval from Alberta’s Energy Resources Conservation Board (ERCB).

The Facebook page of the junior partner in the likely ruling coalition post the Mongolian elections makes for scary reading.

Yesterday’s announcement that Goldcorp (NYSE:GG) will be producing 8% less gold this year hit the company’s stock, and shares fell 9.74% to […]

While the United States Congress debates HR4402, a bill which would make it easier and cheaper to mine in the United States, Spanish coal miners are protesting cuts by the Spanish government in subsidies to unprofitable coal mines.

Embattled SouthGobi Resources (TSX:SGQ) shed over 4% on Wednesday bring its losses since April to 40%, after announcing its Mongolian subsidiary SGS has filed a notice of investment dispute with the government of the Asian country.

In the Seinfeld episode “The Bizarro Jerry,” Elaine meets a group of people who are complete opposites of Jerry, George, Kramer. The show provides a rather striking similarity to today’s Bizarro financial market.

"This is a company with a business model that is extremely difficult to argue with. Franco Nevada has a diversified portfolio of high margin, cash flow producing assets principally in North America."

Giant miner Xstrata has set Sep. 7 as the day for its shareholders to vote on the $26 billion takeover by Glencore, giving the commodities trader six weeks to reach an agreement on the conditions.

Worries about China and the possibility of a hard landing weighed on markets and commodities.