June 20, 2012 India ‘condemning’ millions to stay poor, says Lakshmi Mittal Joining the likes of NR Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UK-based NRI billionaire LN Mittal has said the country is potentially condemning…
June 20, 2012 Nautilus Minerals Inc.: Further Update on Dispute Process with State of PNG Papua New Guinea has issued a Notice of Arbitration to the company which asserts that Nautilus has breached the Agreement and that the State is entitled to terminate the Agreement.
June 19, 2012 Uranium market to pick up as reactors come back Australia-based Foster Stockbroking said Tuesday that an industry-wide restart would boost global uranium demand by 30 million pounds a year which could act as a catalyst to flagging uranium prices.
June 19, 2012 India’s polished diamond exports drop 44% in May The month of May delivered 44% drop (on yearly basis) in India’s polished diamond exports which is valued at $1.245 billion, while the volume of exports declined 50% to 2.574…
June 19, 2012 Falling Rupee stalls diamond industry Indian firms that have borrowed funds from overseas banks would now have bear a higher burden for discharging their debts. Moreover, the diamond industry is dependent on import of rough…
June 18, 2012 Prophecy Coal to purchase Tethys Mining exploration licenses Drill results of the agreed upon regions estimated to at 540 million tonnnes of thermal coal.
June 18, 2012 Nautilus dispute with Papua New Guinea authorities threatening underwater mining future Canada-based Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) said Monday that despite several meetings with Papua New Guinea's government representatives in the last two weeks, the company is still battling authorities in regards…
June 18, 2012 L&L Energy buys majority stake in Chinese coal mine US-based L&L Energy, Inc. (NASDAQ: LLEN), a company with five-year track record of profitable coal operations in China, announced it has entered into an MOU to acquire the Lashu Mine…
June 18, 2012 Australia sets conditions to Rinehart’s $6.4 billion coal mine project Australian environment minister, Tony Burke, has told GVK and #4 mining billionaire Gina Rinehart to improve four areas of their $6.4 billion Alpha Coal project if they want to gain…
June 17, 2012 End of the supercycle is also spelling the end of radical resource nationalism "Natural resources companies with a pipeline of, say, five projects in five different countries are now likely to build just two or three of those. Thus, executives have the power…
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
