Between A Rock And The EPA: A Fight Over Alaskan Minerals Is Making A Big Splash In Washington
Local campaigners have compared the potential impact of the mine's effluent to BP's Gulf of Mexico disaster and the Exxon Valdez oil spill, saying the region's fish stocks will become unsellable if the project goes ahead.
Platinum In A Rut, Just Like Europe's Diesel Market
The price of platinum, the precious metal used to make anti-pollution equipment for vehicles, is in a slump due to the global economic downturn, but it's especially bad in Europe where platinum demand is greatest. Nevertheless, analysts are bullish, believing the price will rise in the latter half of the year and into the next.
European Markets Rise Amid US Stimulus Measure Hope
European markets rose Wednesday following an overnight rally in the Wall Street amid anticipation that the U.S. Federal Reserve would announce further quantitative easing to support the economy.
S.Africa stocks book biggest 1-day fall in 5 weeks
South African stocks posted their biggest one-day loss in five weeks on Wednesday, dropping 2.3 percent as fears about the outlook for Italy's debt crisis pushed investors to sell off recent gainers such as miners and banks.
Anglo-American to Take Control of Iconic Diamond Company De Beers
t the closing of the deal, Anglo-American will have an 85 percent in stake in De Beers, the largest diamond distributor in the world.
Amplats Posts 3% Refined Platinum Output Hike in 3Q
Anglo American Platinum Ltd., the world's biggest platinum producer, said Thursday that its third-quarter attributable refined platinum production rose three percent on a year-over-year basis.
South African Miners Sue Anglo American in London Court
Several hundred South African former miners have launched court proceedings against Anglo American Plc in London, the latest in a wave of lawsuits and compensation claims over lung disease that could cost the gold industry billions.
So Much for Gold's Record High; it Didn't Help the Miners
Shares of large gold mining companies took it in the neck Thursday, falling along with the broader stock market even as the price of gold notched a fresh record.