January 23, 2012

FLSmidth to acquire coal equipment supplier for A$267 million

FLSmidth, a global engineering company out of Denmark, is planning a A$267 million acquisition of Ludowici Limited, an Brisbane-based company that manufactures coal centrifuges, vibrating screens and complementary wear resistant…

January 22, 2012

Petrobras CEO Jose Sergio Gabrielli is out

Jose Sergio Gabrielli is no longer CEO of Petrobras, Brazil's state-controlled oil company. He was replaced by Maria das Graças Foster, a business leader with close ties to the president…

January 21, 2012

Who Owns Our Oil Sands? Foreign corporations stake their claims to our resources

Foreign corporations, some controlled by national governments, have been using their economic clout to buy into Alberta's oil sands and take control of our natural resources. U.S., French, British, Chinese,…

January 21, 2012

A look inside the Fukushima containment vessel

Forty technicians were needed to create a 8.5 mm hole so an endoscope could be lowered inside the stricken Fukushima containament vessel. […]

January 20, 2012

Coal mine accident in West Virginia claims life

An accident at a West Virginia coal mine has claimed the life of a 44-year-old man.

January 20, 2012

Push to block Wyong coal mine

A new proposal from Wallarah 2 Coal is unlikely to go ahead as tougher laws are brought into place.

January 20, 2012

WA government commits to Esperance port expansion

The WA Government’s commitment to upgrading Esperance Port has been welcomed by industry as an important step in developing mining in the state’s south.

January 20, 2012

Grande Cache says C$1bn buyout still on

TSX-listed Grande Cache Coal said on Thursday it had “no reason to believe” that a report alleging fraud at the Hong Kong-listed firm which agreed to buy it had merit.

January 20, 2012

Panel to check Teck’s Frontier Oil Sands potential for “significant adverse effects on the environment.” Review can take 6 years

Peter Kent, Canada's environment minister on Friday referred Teck Resources's newly acquired Frontier Oil Sands project in northern Alberta to an independent review panel because of the propose mine's "potential…

January 20, 2012

Profiting from gold, hard currencies’ rise against the dollar – Merk

Axel Merk talks about his outlook for gold in 2012 and whether or not current dollar bullishness is likely to continue