Rio and Chalco abandon bid for $20bn bauxite deposit in Australia
The move surprised investors, especially since Chalco had previously held the lease and was willing to develop the resource.
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Flooding shuts down nearly 2,000 oil wells in Colorado
Some worry damaged oil and gas facilities may contaminate water sources.
Hamster drives mining truck to demonstrate vehicle safety
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Gold price rallies $55 after Fed shocker
Gold price spikes to $1,360 in late trade.
Silver breaks into the memory storage market
Developing technology know as Resistive Random-Access Memory (RRAM or ReRAM) has embraced silver.
Ulrich Spiesshofer takes over as ABB’s new Chief Executive Officer
Spiesshofer succeeds Joe Hogan following three-month handover, as announced in June
Swiss iron ore miner swoops into Brazil
Ferrexpo spends $80 million on Ferrous Resources shares.
US energy boom leadership jeopardized, larger shale oilfields found
New found formations potentially hold seven times the amount of recoverable oil located in the US and Canada together.
Gold falls below $1,300 ahead of Fed
Gold suffered a third day of selling on Wednesday dropping more than $17 to a 6-week low over rising fears about US economic stimulus.
