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.
Scouts armed with geological maps and elevations from Google Earth are knocking on doors in the upper Midwest in search of what seems too common to mine: sand.
Recent news that President Obama's re-election web page on energy policy didn't include coal on the list of "all of the above" energy sources sparked outrage in coal-producing states like Kentucky, Virginia, West Virginia, Ohio and Pennsylvania.
Worries about Europe's sovereign-debt crisis sparked a wave of selling in the gold market, pushing prices briefly below the $1,600 mark and to their lowest settlement price in four months.
London-based high-end jeweler Graff Diamonds started premarketing its Hong Kong initial public offering Monday, people familiar with the situation said, testing demand for a deal meant to raise as much as US$1 billion.
It's been a bleak spring for U.S. coal miners—and the question for Arch Coal Inc. ACI -1.66% and Alpha Natural Resources Inc. ANR -3.88% is whether they can even meet lowered expectations.
TORONTO—Canada's Western Potash Corp. WPX.T +10.78% is in talks with several Indian and Chinese state-owned and private enterprises that could lead to an investment in, or sale of, the potash miner, a company executive said.
Caterpillar has gotten a lot of juice out of overseas sales, and China’s been a growing market for the company. So anything undermining that is a concern for investors.
Zinc could soon be in the pink. The metal used primarily to galvanize steel has slumped 20% from last year's highs, under pressure from ample mine supply and a slowing Chinese economy. But a sea change is brewing.
