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Thermal coal miner Ambre plans Australian public offer

It is reported that thermal coal miner and exporter Ambre Energy is running a beauty parade of advisors for an initial public offering on the Australian Securities Exchange slated for May or June of 2012. Mr Edek Choros chief executive of Ambre said th...

How dudes mine for gold

Underwater mining off Nome, Alaska, draws up to 50 boats in the summer, small independent operators looking for placer gold in ocean water just above freezing.

African Barrick Gold Mine faces multimillion dollar suit

Afrcan Barrick Gold (ABG) faces a multimillion court battle following its draconian decisions taken two years ago to freeze payments to Mwanza based firm, Simba Pipe Line, under the allegations of frauds. In 2009 ABG suspended all suppliers who were...