October 28, 2011 Freeport declares force majeure at Grasberg Ongoing labour unrest at Freeport-McMorran's Grasberg mine in Indonesia has forced the American company to declare force majeure. The announcement made Wednesday effectively allows Freeport to stop shipments from its…
October 27, 2011 PotashCorp doubles earning in Q3 Potash Corporation of Saskatchewan Inc. (NYSE:POT) doubled its third quarter earnings, reporting 94 cents per share or $826 million compared to 38 cents per share or $343 million a year…
October 27, 2011 Ambani Brothers, Lakshmi Mittal Have Lost Nearly $100 Billion Since Peak 10 images Photos: India's Richest 10 images Photos: India?s Newcomers It should have been a glorious year for Mukesh Ambani. He finished building his palace in the sky, a 27-story…
October 26, 2011 Mongolia needs coal deal in 3 mths to ensure IPO goes ahead – MP A contentious investment agreement on Mongolia's huge Tavan Tolgoi coal deposit needs to be completed within three months to ensure that a much-heralded initial public offering for the project goes…
October 26, 2011 30 thermal power plants in India including NTPC and Reliance Power have coal stock for just four days Coal stocks at India's thermal power plants are critically low on the eve of Diwali, and will not improve unless coal supplies are stepped up significantly.
October 25, 2011 High prices could see Indian gold imports fall as much as 30% this month According to the Bombay Bullion Association, imports of the yellow metal could drop to as low as 70 metric tons as higher prices keep buyers away (Bloomberg) - Gold imports…
October 24, 2011 Peabody, Arcelor willing to pay more for Macarthur even as coking coal heads to $240/tonne Stock in US coal giant Peabody Energy and India's ArcelorMittal surged on Monday after their joint bidding vehicle secured a 59.85% stake in Australian metallurgical-coal miner Macarthur Coal and raised…
October 23, 2011 Slow Diwali gold sales expected AFP, MUMBAI, INDIA Women buy gold jewelry at a shop in New Delhi, India, on Dhanteras, the first day of the five-day Diwali Festival, on Oct. 15, 2009. Photo: AFP…
October 23, 2011 Gold should be part of a balanced portfolio, says Dubai-based precious metals expert UAE. With the ongoing sovereign debt crisis in Europe, sluggish recovery in the US and more uncertainty over the state of the Chinese economy, the demand for gold will continue…
October 23, 2011 Railways chokes on coal short supply Coal Ministry mandarins recently summoned senior officials of State-owned coal companies and reportedly urged them to pull up their socks or face consequences. The reason: a large number of power…
Ganfeng Lithium says it may face insider-trading charges In a statement published in July 2024, Ganfeng said it had traded shares of Jiangxi Special Electric Motor Co. in 2020 using insider information. January 04, 2026 | 09:02 am
Botswana to open embassy in Moscow, open up to Russia in rare earths and diamonds Russia is seeking to strengthen its foothold in Africa amid the wider confrontation with the West. January 04, 2026 | 08:52 am
Coronado’s Curragh mining suspension adds to financial woes A roof collapse occurred at about 3 p.m. local time Friday at Curragh’s Mammoth underground mine. January 03, 2026 | 07:53 pm
