Gina Rinehart, iron ore magnate and Asia's wealthiest woman, sold a controlling stake in her Galilee coal assets nearly a year ago to GVK Group, run by Indian billionaire GV Krishna Reddy.

With the Northern Gateway Pipeline facing political hurdles, the Premier of the Northwest Territories, Bob McLeod, said moving Alberta's oil and gas via a pipeline in the Northwest Territories is an option.

Unless it mounts a challenge against its $1,500 resistance level, platinum will "stay on loose grounds" and will fail to attract new investment.

Six coal miner died after 100 tonnes of coal collapsed at a mine in northern Mexico, located in the State of Coahuila.

Congregants are expected to throng the Shree Swaminarayan temple in New Jersey this Sunday to ceremonially weigh their guru in honour of his 70th birthday. Preliminary estimates are that Swami Purushottampriyadasji's good works are worth just under $4 million or the equivalent of 40,000 catalytic converters.

Today's decline brings Molycorp's losses since hitting a high of $77.54 on May 3 2011 to over 80% giving it a market value of $1.1 billion.

South American Silver Corp announces an update on its plan of action after receiving today official notice of a Nationalization Decree of its Malku Khota silver-indium project in Bolivia.

Former president Nambaryn Enkhbayar was found guilty on corruption charges and sentenced to four years in prison just weeks after he made a political comeback with his Mongolian People’s Revolutionary Party as the junior partner in the new ruling coalition.

Two of the German reactors ordered to shut after Fukushima will be dismantled as soon as possible. EnBW has applied for permission to do the work and said it has more than enough funds set aside.