Colombia’s energy and mining minister Federico Renjifo, who assumed the position on Thursday, said he is aware he’ll face difficult times as analysts are predicting a slowdown in demand for the country’s commodities in coming years, but he said he’ll make sure the sector remains competitive and attractive to foreign investors.

A gas company in Minnesota has implemented an innovative scheme which permits paying members to enjoy major savings on their fuel costs via futures transactions.

Renowned investor Peter Schiff has told King World News that the US could return to the gold standard in as little as two years.

Political controversy surrounding suspect allocations of coal mining concessions in India threaten to topple Prime Minister Manmohan Singh with chief opposition party the BJP issuing calls for his resignation.

The chairman of Perth's Summit Resources (ASX:SMM) has said Queensland could miss out on millions in uranium investment due to the Newman government's failure to establish a more welcoming policy environment for developers.

A school in Western Australia has adopted the innovative pedagogic technique of using Lego robotics to teach students about mining processes, with the long-term goal of providing skilled tech-savvy workers to the region's flourishing resources sector.

Athabasca Oil Corp. (TSX:ATH) confirmed Friday that it is in the preliminary stages of establishing a joint venture for two of its Alberta oil sands assets, but it declined to identify its partner.

Mining workers dissatisfaction in South Africa has now hit the country's second-largest gold producer, Gold Fields Ld. as about 12,000 employees downed tools at the KDC mine, on Johannesburg's West Rand.

India is already building a rare-earth mineral processing plant in the east coast state of Orissa and will invest $135 million in a new exploration ship and the refurbishing of another vessel to mine minerals under its oceans.