Rio Tinto Copper's Chief Executive, Andrew Harding, said the investment will secure low cost copper, gold and molybdenum production for the company in next two decades.
Australia-based Foster Stockbroking said Tuesday that an industry-wide restart would boost global uranium demand by 30 million pounds a year which could act as a catalyst to flagging uranium prices.
Indian firms that have borrowed funds from overseas banks would now have bear a higher burden for discharging their debts. Moreover, the diamond industry is dependent on import of rough diamonds and depreciation of rupee would push up the import cost even when prospects for exports of polished diamond might remain uncertain.
N-SolvCorp, a small Canadian company based in Calgary, claims it has developed a unique technology that will make Alberta's oil sands more profitable and environmentally sound.
Antwerp's diamond polishers are aging and in order to recruit new talent, the the local diamond industry is offering free education under its 'Antwerp Diamond Masterplan – Project 2020’
Protests in northern Spain are turning violent with riot police using batons and tear gas to squelch striking coal miners who are worried their way of life may be on the way out.
Canada-based Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) said Monday that despite several meetings with Papua New Guinea's government representatives in the last two weeks, the company is still battling authorities in regards to its obligation to complete the agreement reached in March last year for Nautilus Solwara 1 copper project.
Six months after purchasing seven I-Site long range laser scanners from Maptek, surveyors from Teck’s coal business unit are beginning to experience the benefits of the latest survey technology first-hand.
US-based L&L Energy, Inc. (NASDAQ: LLEN), a company with five-year track record of profitable coal operations in China, announced it has entered into an MOU to acquire the Lashu Mine in HeZhang County, Guizhou Province.