Gold rises as dollar index tumbles one-month low
Gold prices climbed on Friday as the dollar fell to the lowest rate in a month against several currencies.
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Uranium market stable despite Japan’s pending decision on nuclear reactors
Long term uranium market fundamentals remain strong, despite worries over what Japan will do with 53 of its 54 nuclear reactors, which are currently rest shut down for maintenance or safety reviews, says Australian research group, Resource Capital Research (RCR).
Rio Tinto follows Vale and joins Chinese iron ore trading platform
The move will allow the London-listed miner to sell non-contracted iron ore directly into China through the electronic trading platform.
Uranium Energy Corp Closes Acquisition of Cue Resources Ltd
Uranium Energy Corp ("UEC" or the "Company") (nyse-amex:UEC) and CUE Resources Ltd. ("CUE")CA:CUE 0.00% are pleased to announce that UEC's acquisition of CUE by way of a plan of arrangement (the "Transaction") has closed, effective at 12:01 am on March 30, 2012.
China rolls out early-warning system for coal mines
China Daily reports on a new tracking system in China designed to give early warning of dangers in coal mines.
Opinion rolls in on Budget 2012
The resource sector liked it and the environmentalists were less keen on Budget 2012.
BHP iron ore chief quits
Ian Ashby, BHP Billiton's Iron Ore President, is stepping aside after 25 years with the world's biggest miner.
Harmony Gold digs out of 52-week deep hole as it awaits ‘game-changing’ Wafi-Golpu pre-feasibility
Harmony Gold Mining (NYSE:HMY) traded today at a new 52-week low of $10.58. So far today approximately 1 million shares have been exchanged, as compared to an average 30-day volume of 2.1 million shares.
Budget shines on resource sector, environmental groups get more scrutiny
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.
