June 21, 2012

Uranium mining in Asia to flourish thanks to rising demand for nuclear power

According to the Australian Bureau of Resources and Energy Economics and Sciences, the spot price of uranium, which averaged $62 per pound mark in 2011, will reach around $81 a…

June 21, 2012

Adani refutes foreign workers accusations

Indian coal mining giant Adani denied claims it's cheating the Australian migration system by sneaking in foreign workers.

June 21, 2012

Uranerz discovers new uranium trend in the Powder River basin

The American-based uranium miner has found a new deposit at the Powder River basin in Wyoming.

June 21, 2012

Macusani Yellowcake announces initial uranium resource estimate for Kihitian property

The press release indicates resources of 1.35 million pounds and inferred resources of 10.57 million pounds at the company's project in Peru.

June 21, 2012

PHOTOS: Rioting Spanish coal miners fire homemade rockets

With subsidies to Spain's coal industry about to be yanked, striking workers are ratcheting up the pressure on the government and clashing violently with police.

June 21, 2012

Xstrata to pay $342 million to execs after Glencore merger triggers ‘red-top alert’

The unusual alert, considered the Association of British Insurer's most serious warning, indicates a breach in corporate governance.

June 20, 2012

India ‘condemning’ millions to stay poor, says Lakshmi Mittal

Joining the likes of NR Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UK-based NRI billionaire LN Mittal has said the country is potentially condemning…

June 20, 2012

The US will close 30 refineries by 2020 due to collapsing demand: Verleger

Noted oil economist, Philip Verleger, says the US is moving to energy independence because of the recent innovations in oil production and demand destruction in the country.

June 19, 2012

The only five rare earth elements that matter: Jack Lifton

There is no single rare earth element market. Instead, the rare earth universe is made up of four or five distinct "critical rare earth" markets that should be the focus…

June 19, 2012

Comparing the 2012 bottom to past bottoms

Mark Twain said that history doesn’t repeat itself but it rhymes.