The government of Afghanistan announced Friday its preferred bidders for three of its four current mineral tenders, with a consortium backed by City of London banker Ian Hannam, former BHP Billiton CEO Chip Goodyear and Poland’s multibillionaire Jan Kulczyk, emerging as the biggest winner.

Mining the moon has been a topic widely explored in the last few months as scientists find evidence the earth’s satellite contains rich deposits of minerals. Now a new company offers to take prospectors up there for only $1.5 billion a trip.

An investment executive at Sprott Global Resource Investments, Michael Kosowan is working by three sayings these days: "Well bought is half sold," "small is beautiful" and "necessity is the mother of invention."

Alberta’s oil sands have grabbed the attention of the world’s energy industry in recent years, but other Canadian region is challenging that privileged position.

"The most significant milestone in the development of the Renard Diamond Project achieved to date."

New acquisition follows GE's purchase of Fairchild International earlier in the year

Venerable Antarctic work program forced to extend deadline due to lack of applicants

Chinese economy to recover via investment in infrastructure and property

400,000 dead-weight tonne vessels costing $100 million each have never offloaded in China.