AAUKY
UK-based mining giant Rio Tinto plc (NYSE: RIO) is mulling over the idea of shedding its diamond mining and production operations. The company’s review follows by two weeks reports that another...
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British newspaper The Guardian has a blog post saying there is speculation that US coal miner Walter Energy Inc. (NYSE: WLT) could be a ripe for a takeover fight among three potential buyers. First,...
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The Ekati diamond mind in northern Canada could be about to change hands. BHP Billiton plc (NYSE: BHP), which owns 80% of the mine, is reportedly in discussions with several potential buyers,...
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While Peabody Energy Corp. (NYSE: BTU) and ArcelorMittal (NYSE: MT) haven’t been pursuing Australia’s Macarthur Coal Ltd. (OTC: MACDF) for more than a few months, the deal never really looked...
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A state superior court judge in Alaska has ruled against an environmental group in a lawsuit aimed at stopping development of the Pebble gold and copper mine project in the state. The project’s...
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The world’s largest mining company, BHP Billiton plc (NYSE: BHP) reported an increase in profits of 86% and a revenue increase of 36% for its 2011 fiscal year ended June 30th. But the company is...
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Ollanta Humala, a left-leaning nationalist, won nearly 51% of the vote in Sunday’s presidential election in Peru and will take office in late July. Humala has promised to raise royalty payments on...
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Today’s commodities news starts off with bursting warehouses full of zinc, an unexpected rise in cocoa futures, and an equally unexpected fall in corn and wheat prices.The stockpile of zinc at the...
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The demand for metals and minerals of all kinds is pushing up sales and profits in the makers of the equipment used to extract the commodities. Joy Global, Inc. (NASDAQ: JOYG) reported earnings for...
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