US Steel taking $1.8 billion writedown
Write-down will not affect the company's liquidity or compliance with debt covenants, US Steel says.
Latest Stories
VIDEO: Here’s what goes on at the London Metal Exchange
The world's biggest and oldest metals market is getting a makeover under new CEO.
Silver expected to reach record highs over next decade
CPM Group says silver prices may soar in long-term but still expect medium-term decline.
Mozambique opens game park to counter coal mines
Where 60% of land has been allocated to coal mining, Mozambique embarks on 350,000-hectare conservation effort.
Exclusive interview with Ron Paul: Gold, dollar, debt ceiling and the Fed
The longer QE lasts, the worse the correction will be when eventually people give up on our dollar and give up on our debt.
Fukushima radioactivity levels spike
News comes after typhoon swept through Japan, possibly sending contaminated water into the Pacific ocean.
Thousands rally in Romania against Chevron, Gabriel Resources
World-wide protests against shale gas continue.
Holy man’s dream leads to government hunt for $40b gold treasure
India digging up two 100-square meter areas beside temple.
Molycorp disappoints investors; drops 23% by week’s end
Despite optimistic news in early October, Molycorp is running low on cash.
