In a three-way deal with Robert Friedland's Ivanhoe Mines, the Aluminum Corporation of China (CHALCO) is bidding for 60% of SouthGobi Resources' and paying $8.48 for each common share.
The costs don't add up for nuclear power, according to a study by the Vermont Law School, and the high price tag of making nuclear energy safe is imperilling the industry.
The Canadian finance minister delivered a budget for the resource sector, promising faster project approvals and changes to immigration to increase manpower, while enviromental groups will receive closer scrutiny from the Canadian Revenue Agency.
A wind map has gone viral on the web. Data visualisation specialists at hint.fm use surface weather data to generate an almost live wind map of the U.S.
Gold is being amassed largely on the fears that the global currency system is flawed, and bears also believe American and Chinese economies are headed for another fall. However, there is a deep economic imbalance that is rapidly being righted that can result in a lot of prosperity for all.