Murray River mine shelved, Chinese workers sent home

Argentina's mining exports have virtually ground to a halt and companies are stockpiling gold, copper and other minerals due to foreign exchange rules that are impossible to comply with, a top industry executive said Tuesday.

Energy Fuels announced today that Denver District Court Judge John N. McMullen ruled in favor of the Colorado Department of Public Health and Environment and Energy Fuels, Inc. on the ten substantive environmental, health, and safety claims in a case challenging CDPHE's issuance of a radioactive materials license for the Piñon Ridge project to Energy Fuels.

Last year coal was the the only fossil fuel to record above average worldwide growth at 5.4%, while nuclear power consumption was off 4.3%, the largest decline on record, said BP in its look at energy use in 2011.

In many ways the oil industry is a fashion industry, and in 2011 the exciting new model on the investment bankers’ catwalk was the Duvernay shale.

World number one miner BHP Billiton on Wednesday bought additional exploration plots near its Olympic Dam mine and $30 billion expansion project.

Sustainable Wealth Management has become the latest company to partner with Exchange Traded Concepts to debut an ETF, announcing this week the launch of the North American Oil Sands ETF (SNDS).

Asset manager at JPMorgan, Neil Gregson, says mining companies should pursue more takeovers as escalating costs prompt them to slow spending on expansions.

Nathan Tinkler had been widely expected to sell down his 21% stake in Whitehaven Coal, but is instead looking to taking over the business.