Spain asks EU for US$125 billion to support its banks
In order to ring off contagion if Greece exits the euro, Spain will ask the EU for US$125 billion to support the country's banks.
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Teck announces five-year labour deal with Trail employees
Teck Resources, Canada's largest diversified miner, reached a five-year agreement with unionized employees at its Trail Operations.
Silver would disappear in a nanosecond if people understood how little there is: Eric Sprott
Eric Sprott told Silver Doctors that he sees no reason for precious metals' to be priced so low with the current global economic weakness.
An 1865 economic study of coal explains why bankers and financial firms will pay more for IT and resource companies will pay less
William Jevons, a British economist, was looking at his country’s dwindling coal supplies in the mid-1800s and was asked if increased efficiency in […]
Rio Tinto: Internships and Research Projects for Mozambican Students
As reported on allAfrica, Rio Tinto Coal Mozambique will offer internships and research projects for mining engineering and mineral processing engineering students […]
Gold bumps up against $1,600, but weekend Spanic could see the running of the bullion bulls
Potentially gold-bullish developments this weekend include fresh economic data from China and shocks emanating from Europe as Spain attempts to shore up its banking system.
You too can help build Oyu Tolgoi: Rio Tinto offers Ivanhoe rights at 32% discount
Rio could end up with a much bigger chunk of Ivanhoe come July 19 – 260 million new shares are expected to be issued representing some 35% of Ivanhoe's current outstanding shares.
The shareholders are revolting! Alberta Oilsands jumps after proxy battle is triggered
Alberta Oilsands (TSX-V:AOS) added 9% on Wednesday, after a group of "concerned shareholders" said they are filing a dissident circular and are in the process of mailing to shareholders of the tiny bitumen explorer a letter demanding the resignation of the board.
Minerals Council of Australia accuses unions of racism
The Minerals Council of Australia (MCA) has condemned unions, saying they are running a nonsensical "race-based" campaign.
