Brutal regime earns $3.5bn/year from Muruntau and septuagenarian Uzbek dictator's hospitalization raises fears of power vacuum, influx of radical Islam.
BHP's board was to make a decision on the $30 billion project this year, but a newspaper report over the weekend said a decision will not be made until 2014 and BHP's uranium division "confirmed the deferral and said a recruitment freeze was now in place".
Reports that assays contained "interesting enrichment in certain rare earth elements" and that gold mineralization was not tested in the area, were not enough to deter investors from dumping the stock – which traded at 17 times the normal volume.
There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an annual average rate of 4.3%, reveals a study published Saturday.
Protestors at Australia's Olympic Dam mine, which is perched on top of the world's largest known deposit of uranium, have managed to smash through the perimeter gate of the mine and enter the site itself.
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.
New research released Monday indicates that listed mining and resources companies across the world are keen to comply with the UN’s Guiding Principles on Business and Human Rights, which were officially adopted one year ago, but must keep up the momentum in order to maintain public confidence in their efforts.
A parliamentary inquiry released an unfliching report on the Fukushima nuclear disaster, calling the disaster manmade, wholly forseeable and even laying blame at the feet of Japanese culture itself.