Black hole: US coal stocks now down over 60% in 2012 as thermal price hits 2-year low
Coal executives believe that as much as 10% of the production serving the seaborne market could be losing money at current prices.
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China eases the way
Over the past decade, there were only two periods when the Chinese government reduced rates.
EPA’s Lisa Jackson: News sources rural folk rely on ‘not really being truthful’
The UK's Guardian newspaper conducted a far-ranging interview with Lisa Jackson, chief administrator for the US Environmental Protection Agency since 2009, on energy, climate change and the battle in the media over the agency's work.
Aquarius halts mining after platinum falls
Aquarius Platinum, the world’s fourth-largest platinum producer by volume, has responded to a fall in prices for the precious metal by mothballing a mine jointly owned with Anglo Platinum, arguing that production had become uneconomic.
Singapore state fund builds up stake in Ivanhoe, does nothing for share price
Singapore's sovereign wealth fund Temasek Holdings has taken up a 5.5% stake in Canada's Ivanhoe Mines valued at roughly $420 million ahead of a $1.8 billion rights offer at the miner. Early Monday Ivanhoe, already down 43% this year shed another 3.8% in value.
Kinross says Tasiast producing again
Canada’s number 3 gold miner by output said about 600 workers had returned after the four-day strike at its Tasiast mine in Mauritania.
Tasman expands rare earth element project portfolio in Finland
The Korsnäs South, Siilinjärvi and Laivajoki projects are being acquired from an arm's length private Finnish company, Magnus Minerals Oy, for consideration including 60,000 common shares of the company.
Darwin options Surupampa epithermal gold-silver property in Peru
Surupampa comprises 800 hectares, lies adjacent to Darwin's 100%-owned Colquiloma property which comprises 450 hectares and is located 35km northwest of Barrick's Lagunas Norte gold mine (9Moz gold) in La Libertad.
Another company attempts to block First Uranium’s asset sale
First Uranium's (TSE:FIU) plan to sell some of its South African assets was thrown into further disarray after Kumvest (Pty) Ltd. offered to buy First Uranium in order to block the sale.
