Divisions between the world's major oil producers were laid bare on Tuesday as markets dismissed the prospect of an emergency Opec meeting to cut production levels. Forward contracts for Brent crude fell by as much as 4.5pc to...
Gold prices have climbed more than 6% this year. By comparison, stocks have had a dismal start to the year — The Dow is down more than 1,000 points, while the Nasdaq has lost 8% of its value since...
The government of Luxembourg is taking a page out of the U.S. books by officially launching an initiative to promote the mining of asteroids for minerals. The move comes barely three months after President Barack Obama enacted legislation to...
India mulls key investment to set iron ore plants in IranSarcheshmeh copper complex, operated by the National Iranian Copper Industries. (Image courtesy of NICICO) State-owned Indian firm KIOCL may invest an initial $59 million to build an iron ore...
Canadian miner Centerra Gold (TSX:CG) can finally proceed with plans for developing its 1.6-million ounce Gatsuurt gold deposit near its Boroo Mine, Mongolia's parliament ruled Thursday. The decision, which comes after five years of negotiations, grants Centerra a 66%...
Shares in Alecto Minerals (LON:ALO) soared Monday after it announced it had struck a joint venture deal with Randgold Resources (LON:RRS) over the former's Kossanto West Gold Project in Western Mali. Once deal is completed, Randgold would fund all...
Africa-focused gold producer Randgold Resources (LON:RSS) said Monday its full-year profit from mining dropped by 11%, hit by a continued weakness in the prices metal, which lost about 10% of its value in 2015 for a third straight annual...
