The Alexandria-based company tried to pour cold water on the reports and said operations at the mine – the first modern gold mine to open in the North African country – were continuing as normal.

Mining billionaire Gina Rinehart's Hancock Prospecting lost Tuesday an appeal to retain its share in the touted Rhodes Ridge iron ore project in Australia’s Pilbara, forecast to be worth billions once developed.

The Australian Construction, Forestry, Mining and Energy Union (CFMEU) said Tuesday the Rio Tinto's redundancy package for its Blair Athol coal mine discriminates against union members.

Industry achieves safety and health records

Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to provide for your family. It sounds easy, until you realize your “family” is 1.1 billion people...The Chinese government is in a similar position.

Canadian Oil Sands Ltd. (TSX:COS) increased its 2012 cash flow guidance by 20% after reporting third-quarter net income climbed to $338-million as lower operating expenditures offset a decline in revenues.

TransCanada Corp. (TSX, NYSE:TRP), Canada's largest pipeline company, said Tuesday third-quarter profit dropped 4% compared to the same period last year, missing estimates.

Despite setbacks in the global economy, sub-Saharan Africa is expected to grow at 4.8% in this year, broadly unchanged from the 4.9% growth rate registered in 2011 and largely on track, according to the World Bank’s latest report.

The story of this legendary precious metal begins with its use by ancient civilizations.