Services sector saves jobless miners in Australia

Investor fears about mining stocks are misplaced especially if those companies are mining in Mongolia. The country home to the largest copper deposit and this Gold Report explains why there is potential for dozens more similar finds.

The Democratic Party which campaigned on sharing more of the spoils of mining with Mongolian citizens won the majority of seats while the junior partner in the new ruling coalition, the MPRP – led by a former president Nambaryn Enkhbayar – bases its whole doctrine on taking back foreign-owned mines.

Keeping track of all these pipelines is becoming a challenge. We have the proposed Keystone XL pipeline to the U.S. Gulf Coast, the planned Northern Gateway pipeline to the West Coast and the newly-minted Keystone Kops pipeline in Michigan.

Recent developments show that becoming rich by profiting of the minerals that asteroids, stars and unknown planets have to offer it is closer than ever. Before it is too late, check this infographic on how to profit in the new Space Age.

British taxpayers could net as much as $4.6 billion with the government’s sale of its stake in nuclear power giant Urenco, a move which aims to solidify the country’s policy to end national ownership of nuclear businesses.

This was the year for Australia’s mining boom Martin Ferguson hinted on Monday. The Resources Minister highlighted the end of the high commodity prices era that will force the country’s industry to increase its productivity and develop new technologies in order to remain competitive.

The unprecedented success of Australia's mining sector, which enabled the country to successfully weather the financial crisis and has triggered a surge in the Aussie dollar, may have caused irreparable damage to the Great Barrier Reef

Former electrician turned mining tycoon Nathan Tinkler has issued a further bid for the remainder of Australia's Whitehaven Coal Ltd., following a 17% plunge in the company's shares since Tinkler's first offer for the company on June 13.

NPR profiles coal workers in Webster Springs in the aftermath of the big layoff by Arch Coal, that gave notice to 750 workers in the region.