December 5, 2012

UK announces controversial shale gas tax breaks

As analysts predicted, UK Chancellor George Osborne used his Autumn Statement Wednesday to announce tax breaks and the creation of a government office to simplify regulation of the unconventional gas…

December 5, 2012

Gold should be nearing a major bottom

Back in October Market Trend Forecast warned about a likely “ wave 2” correction in Gold. One of their biggest concerns was that the sentiment surveys were running very hot…

December 5, 2012

Fission intersects 12.5m @ 2.49% U3O8 with assays to 11.1% U3O8 at PLS

The intersect comes from the company's 31,039 hectare Patterson Lake South project, a 50/50 joint venture held by Fission Energy and Alpha Minerals.

December 5, 2012

Uranium North and Diamonds North agree to a strategic business amalgamation

The amalgamation of Diamonds North and Uranium North is deemed 'logical' as the two companies currently hold the same material properties in Washington State and they share management and exploration…

December 4, 2012

Norilsk billionaires end dispute as Russian tycoon steps in

Mining billionaire Roman Abramovich, the Russian tycoon who owns the Chelsea soccer club, has stepped into Norilsk Nickel’s long-running management dispute between its two main shareholders by buying a 7.3%…

December 4, 2012

INFOGRAPHIC: Chinese investments overseas

China is about to set a record year for outbound M&A, especially if the impending $15.1 billion CNOOC - Nexen deal sees the light before the end of 2012. So…

December 4, 2012

Ukraine crushed in $1.1billion fake gas deal

Certainly the folks at Gazprom are having a good snicker, reveling in the mockery that has been made of what should have been a landmark Ukraine-Spain gas deal that would…

December 4, 2012

Suncor slashes spending on oil sands growth by about a billion

Fate of Voyageur upgrader remains uncertain

December 4, 2012

Mine owner detained following deadly Chinese coal mine disaster

Flood triggered when miners drilled into closed pit

December 3, 2012

Doing away with ceiling drama

Treasury Secretary Timothy Geithner made news last week by proposing to transfer the Congressional prerogative to raise the debt ceiling to the President.