Europe Top Stories

Nautilus Minerals resumes undersea mining exploration

The goal is to expand Nautilus’ Seafloor Massive Sulphide prospect…

Mongolia greatly responsible for Rio’s Oyu Tolgoi troubles – PM

Prime Minister Chimed Saikhanbileg said Friday his country should take…

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Poll: Alternative energy loses support

Support for development of fuel sources such as wind and solar power has diminished in the United States during the past year, a survey found.

Glencore to buy Canada’s Viterra for $6.1 billion

Commodity giant Glencore International PLC has reached a $6.1-billion deal to buy Canada’s grain handler and agricultural retailer Viterra Inc., and announced plans to sell most of its Canadian assets to Agrium Inc. and Richardson International Ltd.

China Moly pursues US $579 million from Shanghai IPO

China Molybdenum Co. (HKG:3993), the country’s largest producer of the element by output, plans to launch an initial public offering in Shanghai, which may raise around 3.65 billion yuan (US$579 million), to fund its new alloy project and boost output, according to a statement to the China Securities Regulatory Commission (CSRC).