March 4, 2012

Gold faces crucial test this week after dramatic fall rattles traders

Last week gold registered its worst weekly performance for 2012 after a sustained rally in January and most of February. This week would be a crucial test for the yellow…

March 4, 2012

Indian billionaires jostle for Australian coal mines

Driven by an insatiable demand for energy back home, a number of Indian billionaires are jostling to get their hands on Australian coal mines.

March 4, 2012

Old king coal has a new crown jewel

Illinois' Prairie State power station is on the brink of production and the $5 billion coal-fired plant will supply electricity to 2.5 million households for at least the next 30…

March 4, 2012

Deckhand drowning marks 2nd fatality attributable to US coal industry in 2012

A deckhand preparing barges for coal loading in the Tennessee River drowned early on the morning of Feb. 26, becoming the second fatality attributable to the coal mining industry in…

March 4, 2012

India’s thorium not coal holds the key to solve power crisis

Coal or thorium, is the question before the nation's power generation sector not in the short run but in the long term, both having its pros and cons. Enhancing the…

March 4, 2012

Silver stocks building for breakout in 2012: Sean Rakhimov

In this exclusive interview with The Gold Report, Sean Rakhimov, publisher of the SilverStrategies.com website, talks about how the global forces of monetary policy and fear are expected to push…

March 4, 2012

Forbes & Manhattan acquires South African coal producer

Forbes & Manhattan Coal Corp. has made its final payment of 140 million South African rand ($18.6 million) to acquire Slater Coal (Pty.) Ltd., according to a March 1 news…

March 3, 2012

Report: Xstrata in talks to settle thermal coal benchmark at $115 to $126/tonne

Xstrata plc is in talks with Japanese electricity producers to settle the next thermal coal benchmark price for annual supplies starting April 1 at between $115/tonne and $126/tonne, according to…

March 2, 2012

Finland grants licence for uranium extraction at Talvivaara

Cameco (TSX:CCO) (NYSE:CCJ) announced today that the Finnish government has granted a licence for the extraction of uranium as a by-product from the Sotkamo nickel mine operated by Talvivaara Mining…

March 2, 2012

New study says 66% of institutional investors choose Africa as number one destination. No wonder. Have you seen the size of that place?

A new survey by The Economist Intelligence Unit finds when institutional investors interested in frontier markets were asked to choose two regions out of five, two-thirds see Africa – projected…