Wildfire spreads closer to Canada’s oil sands: hundreds evacuated

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.

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.

African diamond mining and exploration company DiamondCorp Plc., has received validation for its development plan at its Lace mine in South Africa, from SRK Consulting, an independent local consultant.

Anglo-Australian mining giant Rio Tinto (ASX, LSE & NYSE: RIO) has voluntarily published its "Taxes paid report," outlining the US$10.2 billion it has paid in tax globally this financial year.

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).

The company proposing to build a huge iron ore mine in northern Wisconsin has taken steps to withdraw from the project, the Duluth News Tribune reported on Monday night.

Australian ports lying in the path of cylone Lua are resuming operations after the category four storm raced across the northwest coast of Australia over the weekend.

London copper edged higher for a second straight session on Tuesday after an orderly auction of Greek default insurance eased concerns about Greece's threat to the euro zone and eroded safe-haven support for the dollar.

The global demand for iron ore will double over the next 18 years driven primarily by China's and India's appetite for steelmaking.