Glasgow residents could have a convenient and plentiful source of geothermal energy right beneath their feet, in the abandoned mineshafts and mining structures buried under the city’s streets.

Interior Secretary Ken Salazar has announced a proposal for the simultaneous development of oil, gas and potash in the southeast of New Mexico which could bring an end to long-standing legal wrangles over resource extraction, in a region which is host to the USA’s largest potash reserves.

An acrimonious legal wrangle over millions in potash assets and is currently being played out in the Saskatchewan courts, involving Byzantine business intrigues and a bevy of international players.

Eike Batista was down to his last $20.7 billion as the six public companies he controls are rerated along with the rest of Brazil's stock market.

As allAfrica reports, Mozambique will receive support for the development of technical and professional schools in the country from South Korea. The […]

The Maple Group, a consortium of banks and pension funds that looks poised to takeover the TMX Group, said today that Tom Kloet will remain as CEO and will also become CEO of the Maple Group, as well.

Barkerville's stock price has tumbled 40% since Friday's high of $1.05. And Investors aren't the only group not convinced by the company's report, even the British Columbia Securities Commission has raised an incredulous eyebrow.

Market pressure from high inventories and a flood of cheap overseas supply, as well as the lackluster performance of the Chinese economy were to blame for sending the average price to its lowest point in over two and a half years.

US Oil Sands (TSX-V:USO) gave up 20% on Thursday on nine times its usual trading volumes despite the lack of fresh news from the company.