Magnalight by Larson Electronics Announces the Release of a Remote Control LED Golight
Magnalight by Larson Electronics Announces the Release of a Remote Control LED Golight
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Protect Canadian ownership of oil sands firms, executives urge
Top oil industry executives are asking Ottawa for rules to protect Canadian ownership of major oil sands companies from a flood of foreign investment expected in the sector.
Copper dive drags Freeport-McMoRan down
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) was down about 1% this morning as the giant copper producer followed the commodity prices down as a consequence of protests in Spain and Greece renewed fears about the euro zone debt crisis and its drag on global economic growth.
Czech Republic may create artificial sea by flooding mining area
The Czech Republic might soon be creating an artificial sea in northern Bohemia by flooding the massive and partly abandoned brown coal mining pits located in the area with salt water from the Baltic Sea.
Xstrata closes nickel mine in Australia
Diversified miner Xstrata (LON:XTA) announced Wednesday it is suspending operations at its Cosmos nickel mine in Western Australia, as nickel prices have plummeted dramatically.
South African strikes far from over: AngloGold Ashanti closed
AngloGold Ashanti (NYSE:AU) was hit by the mining unrest spreading through South Africa again Tuesday night, as strikers halted all of its operations in the country, which account for 32% of the multinational's total gold production.
Tightened credit puts pressure on Chinese coal importers and global spot prices
Cuts by banks in China to lending to coal traders is set to place further pressure on global prices for the carbon fossil fuel.
Fortescue inks $1.4 billion deal with Leighton to boost iron ore output
Australian iron ore stalwart Fortescue Metals (ASX:FMG) has signed an AUD$1.4 billion deal with Leighton Contractors which is set to raise output to 115 million tonnes by early 2013.
Has JP Morgan placed a massive bet on physical gold and silver?
A bullion insider claims JP Morgan is accumulating huge volumes of physical gold and silver despite short positions against the precious metals on paper.