Anglo hires banks to sell up to 50% of Minas Rio iron ore
Goldman Sachs Group Inc., Morgan Stanley and UBS AG are said to be in charge of luring investors.
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BHP’s cost cutting measures reach iron ore division
So far the world's largest mining company has not laid off anyone from its iron ore workforce.
Marine energy technology leader Minesto develops world’s first simulator for anchored flying underwater vehicles
Nordic marine energy technology leader Minesto has developed a simulator to aid the development of its Deep Green marine power plant. Deep Green is the only marine power plant that is able to cost efficiently produce electricity from low velocity tidal and ocean currents.
American gold miner suspends work on Nevada project
Nevada mine put on care and maintenance due to declining gold prices.
Precious metals exchange to open in Moscow
The country has so far only been dealing with futures on gold and silver.
Renewable power to outpace gas by 2016: International Energy Agency
Power generation from renewable sources is expected to increase by 40% over the next five years.
Gold drops below $1,200 ounce
Silver is at US$18.59 per ounce.
PayPal launches interplanetary payment system
In partnership with two leading groups, the Search for Extraterrestrial Intelligence (SETI) Institute and the Space Tourism Society
China’s mining equipment market to grow 22% by 2017
The nation's mining and quarrying equipment market reached US$57 billion last year.
