Molycorp Inc. (NYSE:MCP), one of the only non-Chinese producers of rare earths, has sued the engineering company responsible for designing the chemical processes at its troubled Project Phoenix for over $45 million in damages.
The Russian government is considering allowing foreign investors to develop strategic gold and precious metals minefields, through the adoption of amendments on the currently existing federal law “On Subsoils”, which regulates the development of the minefields in Russia.
After two years fine-tuning details of their nuclear cooperation agreement, Canada and India have finally reached consensus and the countries representatives announced Tuesday a deal that will see Canadian companies ship their uranium to the South Asian nation for nuclear energy.
Australia’s federal government has agreed to back the construction of a proposed gas pipeline to supply Rio Tinto’s (LON, ASX:RIO) struggling Gove aluminum operations in the country’s Northern Territory.
Gold held in the vaults of key central banks around the globe may not have been accurately recorded. A report issued last month in Germany has brought this issues to the fore.
The ongoing battle over renewable energy between China and the European Union got a lot worse Monday, after Beijing filed a complaint to the World Trade Organization charging the EU with violating rules governing subsidies to its solar-components industry.
A nifty new infographic compiled and designed by I DRIVE SAFELY provides a succinct visual summary of shifts in gas prices over the past hundred years under Democrat and Republican administrations in the United States.