SEC sets new ‘conflict minerals’ rules
The new rules compel U.S. companies to release whether they purchase particular metals that have helped fuel war in the Democratic Republic of Congo.
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Fossil fuel and renewable energy subsidies on the rise
Total subsidies for renewable energy stood at $66 billion in 2010, but are still dwarfed by the total value of global fossil […]
China’s oil giant cuts dividends to afford Nexen
Even Chinese oil giants have to pinch pennies when making a $15 billion bid
Thank the Libor probe for silver’s two month high
Silver may be a “poor man’s gold,” but investors who have stuck to it are finally cashing in on some dividends as the precious metal rose to $29.09 per ounce – 3.5% up on last week's close.
BHP ditches Olympic Dam as profit tumbles
The world's number one miner, BHP Billiton, has delayed its $30 billion Olympic Dam copper-uranium expansion and said no major projects would be approved until June 2013 as it tries cutting costs.
ATAC Resources gets a 9.38% lift after announcing 42.93 m intersects showing 18.44 g/t gold
ATAC Resources (CVE:ATC) was up 9.38% to $2.80 after announcing drill results at its Rackla Gold project in the Yukon showing gold intersects of 42.93 m of 18.44 g/t.
Something ‘evil and bearish’ comes this way: Richard Russell
Financial newsletter icon Richard Russell says that the action in the markets doesn't feel right, and a shoe is about to drop.
Mistrust fuels continued gold demand
At a time when complex financial instruments allow for the seemingly effective hedging of all manner of risks, why should precious metals, which involve considerable downside risk, continue to be attractive?
BHP boss bucks bonus
Marius Kloppers, CEO of mining giant BHP Billiton, has decided to waive his annual bonus in light of a recent forecast in which BHP's revenues are projected to drop 38%
