Egypt recently bought gold for the first time since 1978, India, Indonesia, Thailand and the Philippines have re-entered the gold market after years-long absences.
In an unusual move, Chinese state-owned CNOOC and Canada’s Nexen Inc. (NYSE,TSX:NXY) have resubmitted notice of their potential deal to US regulators, which will reset the clock on Washington’s approval for the $15 billion energy deal.
The giant miner says Australia might miss the “Asian century” boat unless its tackles serious shortcomings, such as competitiveness, productivity, infrastructure investments and foreign capital attraction.
Tin mining is a profitable but damaging trade that has scarred the Indonesian island of Bangka, a granite outcrop just east of Sumatra, reports English newspaper The Guardian.
All through human evolution we have been harnessing increasingly effective forms of energy. From human power to horse power, to wood, coal, natural gas and uranium what we’ve been doing is searching for the highest energy density to make energy production more efficient.