Pebble Partner Withdrawal Is Major Blow: Who Could The Next Partner Be?
The London partner of a global mining partnership withdrew from a $4.6 billion Alaskan mine proposal, leaving the project’s future shaky.
Keystone XL And The Alaska Pipeline: Environmentalists Vs. Oil Industry; What Obama Can Learn From Nixon
What can the debate over a pipeline built almost 40 years ago tell us about the future of the Keystone XL pipeline?
Alaska Pebble Mine: What’s Interesting About EPA Chief Gina McCarthy’s August Visit
New EPA chief Gina McCarthy visited the Alaskan site of a proposed giant copper and gold mine on Tuesday, as she contemplates a project mired in as much environmental controversy as the Keystone XL Pipeline.
India's OVC, A Subsidiary Of State-Run ONGC Acquires Additional 10% Stake In Mozambique's Rovuma Area 1 Offshore Gas Field From Anadarko For $2.64B
This deal follows ONGC's last acquisition in the Rovuma Area 1 gas field, in June, for $2.47 billion.
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Newcrest Mining (NCM), Barrick Gold (ABX), Glencore Xstrata (GLEN), Impala Platinum Holdings (Impuy): Weak Metals Prices Force Mining Companies To Book Big Write-downs
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Glencore’s Xstrata (GLEN), Global Mining Giant, Is Expected To Write Down Approximately $7 Billion In Assets
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EU Asks WTO To Rule On Chinese Anti-Dumping Duties On Steel Tube Imports From Europe
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Chemical Companies Face Slowdown In China And Europe, But Abenomics Could Save The Day For Japanese Chemical Industry
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Myanmar Town Of Hpakant Threatened By Jade Mining; President Obama Extends Ban On Imports Of Jade And Ruby From Myanmar
Hpakant, known as Myanmar's jade capital, could disappear in 30 years due to unsustainable mining.
Alaskan Pebble Mine Partnership CEO Lashes Out At EPA, Natural Resources Defense Council: Critics Respond
A key advocate for a massive copper mine in southern Alaska has warned of dire consequences if the Environmental Protection Agency interferes with a likely permitting process.
Myanmar Copper Mine Will Receive $997 Million From Chinese Investor Following Local Protests
Following protests and a contract renegotiation, Chinese firm Wanbao will up its investment in Myanmar.
South Korean POSCO Cancels $5.3 Billion Steel Project In Southern India To Focus On $12 Billion Project In Western India
The world's fifth-largest steel company cites mining rights delays but will continue its $12 billion project elsewhere in India.
Russian Tycoon Viktor Vekselberg Acquires 20% Stake In Swiss Steel Company Schmolz+Bickenbach
The move forces out the company's chairman and ends a power struggle between the board and the founders' descendants.
Indonesia Claims Sumatra Forest Fires Caused By Errant Slash-And-Burn Farming Of Malaysian And Singapore Palm Oil Companies
Indonesian authorities claim Malaysian and Singapore palm oil companies are to blame for the Sumatra forest fires that have been casting a haze over the two countries.
European Union To Request WTO Ruling Against Chinese Steel Duties: EU Officials
The European Union reportedly will join Japan in a complaint against Chinese steel duties filed with the World Trade Organization.
Kinross Gold Walks Away From Giant Ecuador Project Over 70% Windfall Profits Tax Demand
Ecuador's leftist government demanded a 70 percent windfall profits tax for access to the world's largest untapped gold resource.
Twenty Eight Deaths Force Production Halt at Indonesia Mine Owned By Freeport McMoRan
The Indonesian government shut down production at a U.S.-owned ore mine following the deaths of 28 workers in a May 14 tunnel collapse.
Copper Delivery Prices Shoot Up Despite Oversupply As Warehouses Hoard Industrial Metal
Hoarding of copper by warehouses has distorted prices to new highs, despite a global glut.
Kyrgyzstan Declares State Of Emergency, Clears Protesters From Centerra Gold (CG) Mine
Villagers stormed a Canadian-owned gold mine in Kyrgyzstan, demanding money and infrastructure investments.
Controversial Alaskan Mine Near Bristol Bay Opposed By Activists Like Robert Redford Is Projected To Support More Than 15,000 Jobs: Study
An economic impact study by a pair of mineral developers who want to tap a valuable Alaskan mine faces skepticism from activists, who are backed by a recent EPA report.
Patriot Coal Bankruptcy Deal Draws Criticism From Miners Union
A court ruled that more than $150 million in labor cuts were necessary to keep the coal mining company out of bankruptcy.
30 Top Chinese Steel Companies Have Total Current Liabilities Of 759B Yuan ($124B)
The Chinese steel industry is experiencing a widespread slump. Steel companies' poor balance sheets reveal just how steep this slump is.
India Supreme Court Clears Way For Posco To Build $12 Billion Iron Ore Mining Plant In Odisha State, Setting Aside Lower Court's Decision
Posco, one of the world's largest steel makers, aims to produce 12 million tons of steel a year from a new plant in India.
Wrigley Pulls Gum: Alert Energy Caffeinated Gum Taken Off Market Following FDA Pressure, Caffeine Concerns
Wrigley said it would take Alert Energy, its caffeine-laced gum, off store shelves due to pressure from the FDA.
South Africa’s Mining Union To Seek Double-Digit Pay Raise In Negotiations With Chamber Of Mines
The National Union of Mineworkers, an ally of South Africa’s ruling African National Congress, wants a double-digit pay hike.
Texas Fertilizer Plant Explosion Raises Concerns About Dozens Of Other Facilities Around The Country
Check out this map of the 90 chemical plants that could cause harm to the million or more people that live nearby:
Demand For Greener Homes Will Boost Materials Industry Sales To $86 Billion By 2017: The Freedonia Group Report
Increasing residential construction is expected to propel growth for green building materials by 11 percent annually.
Mongolia Snubs Canadian Gobi Desert Mine Explorer Entree Inc, Partly Owned By Rio Tinto, On Massive Oyu Tolgoi Mine, At Least For Now
The Mongolian government blocked mining licenses for Entree Gold, Inc. Is this resource nationalism? Probably not.
Asteroid 2012 Da14 Flyby Video: DSI To Launch Asteroid Mining Probe [VIDEO]
Hollywood depicts asteroids as Earth-shattering nemeses, but, in the real world, some hope to bring them closer to Earth.
Rio Tinto Denies Plans To Halt Development Of Oyu Tolgoi Copper And Gold Mine In Mongolia
Anglo-Australian miner Tio Tinto Group says it has no plans to temporarily halt work on its giant Oyu Tolgoi mine in Mongolia.
Huntsman Advanced Materials To Cut European Payroll, $70M Benefit Cited
Chemical maker Huntsman will trim its European manufacturing payroll to make its Advanced Materials division more efficient.
Thief Gets Pizza, Not Money: Would-Be Montana Robber Leaves Papa John's With Another Type Of Dough After Change Of Heart
A would-be thief who had a change of heart over his criminal intentions left a Montana Papa John’s with another kind of dough – a pizza pie for his family instead of the restaurant’s cash.
Rio Tinto, Giant Mining Company With Coal, Diamonds, Uranium And Metals, Has To Decide: Minerals Or Profit Margins?
Rio Tinto Group, the mining giant that just admitted that it’s worth $14 billion less than previously stated, is at a crossroads.
Alcoa Q4 Profit Meets, Revenue Beats Expectations
Alcoa, the largest aluminum producer in the U.S., posted a fourth-quarter profit on Tuesday, in line with Wall Street expectations, and handily beat expectations on revenue.
POSCO, China Steel Consortium To Buy 15% Stake In ArcelorMittal Mines Canada
A consortium led by POSCO and China Steel Corp. is acquiring a 15 percent stake in ArcelorMittal Mines Canada Inc.
South Africa's Striking Miners Have Until Wednesday to Accept Amplats Offer
South Africa's mining labor problems endure as negotiations drag. One forecast says strikes will contribute greatly to global platinum deficit for 2012.
In India, A Showdown Between Steelmakers And States
Tata Steel's billion-dollar state fine is just the latest face-off between mining concerns and key ore-rich states.
Looters Victimizing Queens, Brooklyn, New Jersey In The Wake Of Hurricane Sandy
The devastation caused by Hurricane Sandy has led to gangs of looters taking advantage of areas without power.
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