CNBC

Are diamonds the new gold for individual investors?

Posted on April 17, 2012

"Diamonds are a girl`s best friend." From Carol Channing to Marilyn Monroe to "Moulin Rouge" the iconic song has endured as a symbol of wealth for more than half a century… But should diamonds be an investor`s new BFF?

In about turn Mississippi allows building of $2.8 billion coal plant

Posted on April 1, 2012

Mississippi utility regulators on Friday voted to allow a unit of Southern Co to continue building an $2.8 billion coal-gasification power plant in the state despite a court ruling that overturned the existing certificate issued two years ago.

Alcoa and Alcoa Foundation Annual 2011 Giving Totals $38 Million Foundation Commits $1.1 Million to Science, Technology, Engineering and Math (STEM) Education and Workforce Development in Recognition of International Corporate Philanthropy Day

Posted on February 27, 2012

(BUSINESS WIRE) — Alcoa (NYSE:AA) and Alcoa Foundation announced combined community giving of $38 million in 2011, compared with $36.8 million in 2010. The annual giving results were released today in recognition of International Corporate Philanthrop…

Ivanhoe Mine shares surge on Rio Tinto takeover

Posted on January 27, 2012

Shares of Canada's Ivanhoe Mines Ltd. gained more than 5 percent in aftermarket trading on Thursday after majority shareholder Rio Tinto PLC disclosed that it is reviewing the company's board and management structure in advance of likely changes.

Is bullion back? 'Gold is still in a super bull market'

Posted on January 18, 2012

Gold ended last year in violent fashion, dropping 21 percent in less than three months. The sudden move, coming as equities rebounded in December, raised doubts among many investors about the sustainability of a trade that has been a winner for 10 years.

TSX rallies to 2-month high led by base metals miners

Posted on January 10, 2012

Toronto's commodity-heavy stock index hit its highest level in two months on Tuesday as healthy Chinese import data and a constructive outlook from U.S. aluminum giant Alcoa boosted confidence in resources and the global economy. Base metal miners were among the most influential gainers, jumping 3.2 percent, as copper prices surged on stronger than expected Chinese imports, which brightened the demand outlook for industrial metals.

2 killed in protest over Indonesia gold mine

Posted on December 25, 2011

Two people have been killed and 10 others injured during a violent protest over a planned gold mine in eastern Indonesia. The victims were among nearly 1,000 people in Lambu village in West Nusatenggara province who were trying to stop the gold mining…

Mitsubishi buys out partner in Australia iron ore project

Posted on November 23, 2011

Japan's Mitsubishi Corp has agreed to buy its partner Murchison Metals' stakes in an iron ore development and a port and rail project in Western Australia for A$325 million ($315 million), rescuing the two projects delayed by escalating costs.

Rio Tinto CEO mum on Hathor counteroffer

Posted on November 15, 2011

Rio Tinto CEO Tom Albanese wouldn't say if his company would raise its bid for a Canadian uranium developer after a rival bid Tuesday.

The Silver Lining in Gold Mining

Posted on October 12, 2011