Copper at a six month low after fears resurface about Chinese economy
Copper dropped sharply on Friday after China's decision to cut interest rates suddenly revived fears of a slowdown in the world's second largest economy.
Latest Stories
Anglo American’s $1.7 billion Grosvenor coal mine given state go-ahead
The London-based diversified miner wants to triple production of met coal in Australia over the next 8 years.
Dominican Republic: Sandy beaches, turquoise water and $58 billion waiting to be extracted
The Dominican Republic is soon to become more than just a sunny destination. Data published by the country’s geology society claim the Central American nation is sitting on nearly $58 billion of unexplored reserves of minerals and metals.
Funding increased for Yucca Mountain review
An additional $10 million in funding has been approved for the Nuclear Regulatory Commission (NRC) to complete its review of the licence application for the Yucca Mountain repository. Last year, the NRC shelved the review after funding was slashed.
Canadian government of Nunavut allows uranium mining
Announced yesterday, the government of Nunavut is in favour of uranium mining on the condition that the radioactive ore be used for peaceful and environmentally responsible purposes only.
South Africa’s diamond industry no longer sparkling
The South African diamond industry faces serious challenges upstream and downstream, where job creation, wealth creation and the beneficiation of raw diamonds are not concerns for regulatory authorities, says diamond polishing company African Romance CEO Mohseen Moosa.
Indonesia denies plans to tax coal exports
Energy and Mineral Resources Minister Jero Wacik has denied any plans to tax thermal coal exports after hinting at the move last May.
Mulcair’s good May: federal NDP rises in the polls after irking Western premiers
After taking on the Western Premiers about the oil sands and the Dutch disease, Thomas Mulcair and the NDP are now up 1.6 points and lead all the major parties with 34.5% support.
Candle light comes from millions of tiny burning diamonds
Chemistry Professor Wuzong Zhou at the University of St. Andrews decided to unravel the mystery of candle light after a challenge from another scientist.
