For more than 15 years, the diamond industry has been telling the world about a looming shortage of gems. Instead, demand has been stubbornly underwhelming, and the miners have done a wonderful job of digging more and more stones.
But the pain may soo…
The great diamond shortage that never was is likely coming soon Read More »
Vladimir Potanin is determined to start talks on cutting dividends at MMC Norilsk Nickel, even though management upheaval at the miner’s other key shareholder United Co. Rusal makes the outcome uncertain.
“The company has big plans,” Potanin, Nornicke…
Potanin plans talks with Rusal over cutting Nornickel payout Read More »
MMC Norilsk Nickel and its billionaire chief Vladimir Potanin are planning several digital platforms, including using crypto tokens for trading palladium. The world’s top palladium producer is in talks with Swiss authorities about issuing tokens by its…
Russian tycoon Potanin plans crypto tokens backed by palladium Read More »
SNC-Lavalin Group, the embattled engineering firm at the heart of Canada’s biggest political crisis in years, has been dealt another blow in Chile.
Copper producer Codelco said Monday that it canceled a contract worth $260-million to build two new aci…
SNC dealt another blow with copper mine project cancellation Read More »
Argentina is eyeing its first major new mining project in two decades, nudged forward by President Mauricio Macri’s market-oriented policies. But there’s no guarantee he’ll be around to take credit.
Argentina’s economy is tanking with the central bank…
Argentina mining gets Macri boost as tough election looms Read More »
Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the US and more coal burning in China and India. Those findings from the International Energy Ag…
Global emissions hit record as energy demand boosts fuel use Read More »
EPA Administrator Andrew Wheeler is formally recusing himself from agency reviews and permitting decisions on a proposed gold and copper mine near Alaska’s Bristol Bay amid criticism his former law firm represented the developer.
Wheeler promised to s…
EPA chief recused from Bristol Bay mine law firm represented Read More »
Total SA’s discovery of South Africa’s first oil in deep water could prove to be a bonanza for a country lacking crude reserves of its own and prompt a rush from other majors. That’s if they’re able to solve the engineering challenges of operating in o…
Total drills in world’s fastest current in Africa oil search Read More »
Total’s discovery of South Africa’s first oil in deep water could prove to be a bonanza for a country lacking crude reserves of its own and prompt a rush from other majors. That’s if they’re able to solve the engineering challenges of operating in one …
Drilling oil in one of fastest ocean currents tests total Read More »
Total’s discovery of South Africa’s first oil in deep water could prove to be a bonanza for a country lacking crude reserves of its own and prompt a rush from other majors. That’s if they’re able to solve the engineering challenges of operating in one …
Drilling oil in one of fastest ocean currents tests Total Read More »
