CHART: Gold price vs oil has never been this out of whack

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.

After having their assets seized without due compensation, the London based Churchill Mining, filed a law suit against the island nation for $1.8 billion.

A delegation from the Australian state of Queensland will meet federal environment minister Tony Burke on Thursday to hammer out a deal on a massive coal project led by India's GVK and Hancock Prospecting after Burke halted the approval process.

Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.

Shares of China's tungsten companies climbed on Wednesday after the country’s Ministry of Land and Resources announced the discovery of the world's largest tungsten mine in east province of Jiangxi.

Canada will double its crude oil production by 2030, increasing output from three million barrels a day to 6.2 million barrels a day, according to a study by the Canadian Association of Petroleum Producers.

The drop-off in demand, exacerbated by high inventories thanks to a mild northern hemisphere winter and a surge in US exports have led to a collapse in thermal coal prices.

Other bids for ConocoPhilips' oil sands assets expected as foreign money continues to pour into Alberta's oil patch.

Australian environment minister Tony Burke decided on Tuesday to "stop the clock" on Hancock Prospecting and GVK's Alpha coal project despite approval from the state of Queensland given last week.