The average developing country lives off exporting commodities like oil, gas, copper, cocoa or soybeans. The sale of these resources brings both revenue to the government and foreign currency to import what is not produced at home – which, in these places, tends to be most things. So whatever happens to the price of those commodities […]
What on Earth Are ‘Commodity Super-Cycles’ and Why Do They Matter? Read More »
WASHINGTON, DC – The U.S. branch of the Publish What You Pay coalition warmly welcomed the U.S. Court of Appeals’ decision to dismiss, for lack of jurisdiction, the oil industry’s lawsuit against the landmark law on the disclosure of oil, gas, and mining payments.Section 1504 of the Dodd-Frank Act of 2010, a provision known as
The Court of Appeal rejects the oil industry’s attack on the landmark transparency law Read More »
WASHINGTON, DC – The Publish What You Pay US coalition cheered a decision by the US Court of Appeals to dismiss on jurisdictional grounds a lawsuit brought by the oil industry against a landmark oil, gas and mining payment disclosure law. Section 1504 of the Dodd-Frank Act of 2010, the so-called “Cardin-Lugar” provision requires U.S.
Appeals Court dismisses oil industry attack on landmark sunshine law Read More »
U.S. smelter copper output last year declined to its lowest level since before World War II, the U.S. Geological Survey reported. RENO (MINEWEB) – U.S. production of refined copper in 2012 decreased by about 3% from that in 2011, the U.S. Geological Survey observed in a Mineral Industry Survey made public Thursday. Nevertheless, mine production
2012 U.S. copper production at highest level in 3 years – U.S.G.S. Read More »
« It would be mankind’s first attempt at modifying the heavens to enable the permanent settlement of space, » say scientists. RENO (MINEWEB) – A senior Obama Administration official confirmed reports by the chairman of the U.S. Senate Commerce Subcommittee on Science and Space that the Administration will announce this week that it is seeking more than
Obama to ask for $105m for NASA asteroid capture/mining mission Read More »
LONDON (Mineweb) – In its 2012 annual report, Randgold Resources confirms it is looking at jvs with cash-strapped developers and explorers. Randgold Resources is one of two mid-tier gold miners quoted on the London stock Exchange main board making announcements today – the other is Petropavlovsk – and CEO Mark Bristow was able to give another upbeat assessment
Randgold boosts gold reserves and grades, looking at JVs Read More »
RENO (Mineweb) – Buoyed by the launch of a petition drive and the backing of human rights NGOs, MP Paul Dewar is expected to make another run at a Canadian Conflict Minerals bill. New Democratic Party MP Paul Dewar, who represents Ottawa Centre, is expected to introduce conflict minerals legislation in Canada’s Parliament Tuesday, The Globe
Conflict Minerals bill expected to be tabled in Canadian Parliament Read More »
Freeport’s stock fell nearly 16% after its plan to move into energy was announced Wednesday and investors, it appears, would have preferred it sticks to what it knows best. (Reuters) – Thursday , 06 Dec 2012 Freeport-McMoRan Copper & Gold Inc’s decision to diversify into energy highlights the dearth of attractive options available in copper,
Freeport’s risky energy plan highlights copper woes Read More »
PARIS (Reuters) – The French government announced an agreement with ArcelorMittal on Friday evening regarding the future of Florange, thus avoiding having to carry out its threat to nationalize the Moselle steelworks. The Prime Minister announced that the steel giant had agreed to invest 180 million euros over five years in the steel processing part
Paris avoids nationalizing Florange, Mittal will invest Read More »
