May 8, 2012

Cebu copper miner records output increase last month

Carmen Corp., a subsidiary of listed miner Atlas Consolidated Mining and Development Corp., posted output hike last month on the back of better metal grades and higher gold prices.

May 8, 2012

Gold settles at four-month low

Worries about Europe's sovereign-debt crisis sparked a wave of selling in the gold market, pushing prices briefly below the $1,600 mark and to their lowest settlement price in four months.

May 8, 2012

Despite bullish fundamentals, gold prices fall sharply

In a trading pattern that has become all too familiar, almost the minute the US session began on Comex today, the price of gold was sold down by almost $40…

May 8, 2012

Alberta sues oil sands firms over royalties

Alberta is suing the partners of Canada's second-largest oil sands project for $100 million over a dispute tied to royalty payments.

May 8, 2012

Franco-Nevada doubles profit, hikes dividend

Franco-Nevada Corp. had a good quarter, more than doubling profits and hiking revenues by 44%.

May 8, 2012

Ambre Energy selects Ventyx Ellipse 8 in $2M deal

ATLANTA, — Ventyx, an ABB company, today announced that Ambre Energy Limited, a thermal coal mining and export company with operations in Australia and the United States, has licensed Ventyx…

May 8, 2012

Schlumberger Water Services launches visual MODFLOW Flex

KITCHENER, Canada, Schlumberger Water Services (SWS) announced today the release of Visual MODFLOW® Flex (VMOD Flex*), the next generation of groundwater flow, heat and contaminant transport modeling software for groundwater…

May 8, 2012

‘Martian Pink’ diamond expected to fetch more than $8 million

"Martian Pink," the biggest pink diamond ever to appear at an auction, is expected to fetch more than $8 million dollars when it is sold at Christie's Magnificent Jewels Spring…

May 8, 2012

New online diamond exchange – DIAMDAX is launched

The Antwerp World Diamond Centre (AWDC) and DODAQ have launched a new global online exchange for polished diamonds called DIAMDAX (Diamond Dealers Automated Exchange).

May 8, 2012

TSE drops 1.95 percent

Bad news slammed the markets today as worries about Europe caught up to traders.