POSCO to buy lithium mining rights in Argentina from Galaxy
The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.
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Scottish firm to launch UK’s first asteroid mining mission
The company, which unveiled its development plans for the Asteroid Prospecting Satellite One (APS-1) last month, is hoping to raise £2.3million.
World’s top refiner Sinopec posts record profit as oil recovers
China Petroleum & Chemical Corp. said its half-year earnings jumped to the highest level on record as refining profits climbed.
Fueling a town with waste
In Benin, six tonnes of organic waste are turned into biogas every week.
Rob McEwen and McEwen Mining acquire 18.8% of Canadian miner
The explorer announced high-grade gold results this week at its Red Lake District project in Ontario.
Quebec miner looking for cobalt and precious metals
Manganese X Energy now wants a taste of the cobalt market.
The secret to safer oil & gas pipelines: graphene
Only in the US, corrosion costs the oil and gas industry $1.4 billion a year.
‘I was cheated’ – Tales from the collapse of a commodity giant
A former Singapore civil servant recounts how he’s lost almost $36,600 in the implosion of Noble Group Ltd.
Vale’s iron ore output will rise only if prices increase -CEO
Fabio Schvartsman said the company would ramp up annual production to 450 million tonnes only when prices rise.