Commodities News

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  • Firms must start equipping themselves to ensure they capitalise on the potential for tens of thousands of jobs the industry could create, according to a major report

  • Deadline lapses in Peru for illegal gold miners

    The clock has run out for an estimated 40,000 illegal gold miners who had until Saturday to legalize their status in a region of southeastern Peru where fortune-seekers have ravaged rainforests and contaminated ...

  • The government of Guinea is planning to revoke the mining rights to one of the largest untapped iron ore deposits in the world, following a watchdog's recommendation. A state-sponsored committee tasked ...

  • Turkey to seek price reduction for Russian gas AFP - Fri, Apr 18, 2014 19:07 BST
    Turkey to seek price reduction for Russian gas

    Russian gas giant Gazprom's recently built Adler thermal power plant in the Russian Black Sea resort of Sochi on November 30, 2013

  • Stillwater Mining production up, but VP resigns Associated Press - Fri, Apr 18, 2014 15:18 BST

    Montana's largest mining company says its precious metals production rose modestly while recycled metal volumes dropped sharply in the first quarter of 2014. Stillwater Mining Co. reported that platinum ...

  • Gasoline prices in Arizona at $3.46 per gallon Associated Press - Fri, Apr 18, 2014 14:54 BST

    Gasoline prices around Arizona are higher again at the pump this week. Officials with AAA Arizona said Thursday that the average statewide price for unleaded regular gasoline is $3.46 a gallon. That's ...

  • Shell commited to Russia expansion despite sanctions Reuters - UK Focus - Fri, Apr 18, 2014 14:25 BST

    Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions imposed on the country after its annexation ...

  • CrudeShares™ announced today the first of its kind private platform for the Oil & Gas Industry which allows buyers and sellers of privately held shares to interchange.

  • Researched by Industrial Info Resources -- Prospects for providing engineering, construction and major equipment to the industrial marketplace are gaining strength in the U.S. Southeast market region. ...

  • (Updates prices) * Prices gain 0.8 pct this week, biggest rise in 7 weeks * Profit-taking stretches into 2nd day, prices could test 2,600 rgt -trader By Anuradha Raghu KUALA LUMPUR, April 18 (Reuters) ...

  • Oil, gas firms committed to Russia despite sanctions -minister Reuters - UK Focus - Fri, Apr 18, 2014 10:47 BST

    * Energy minister says South Stream gas project is under way * Says international oil and gas majors stick to business in Russia (Releads, adds detail, quotes) MOSCOW, April 18 (Reuters) - Russian and international oil and gas majors are cooperating as usual despite sanctions imposed over Ukraine and Russia's South Stream …

  • The robot is ready - so when will deep sea mining start? Reuters - Fri, Apr 18, 2014 10:28 BST
    Employees of Soil Machine Dynamics work on a subsea mining machine being built for Nautilus Minerals at Wallsend

    NEWCASTLE England/LONDON (Reuters) - The world's first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea (PNG) - when a wrangle over terms is solved. The world waits for the judgement of a United Nations agency based in Jamaica. …

  • Iran oil exports rise to 1.2 mn barrels per day AFP - Fri, Apr 18, 2014 09:40 BST
    Iran oil exports rise to 1.2 mn barrels per day

    Iranian Revolutionary Guards drive a speedboat in front of an oil tanker at Bandar Abbas on July 2, 2012

  • Reliance Industries, HPCL Mittal plan refinery expansions Reuters - Fri, Apr 18, 2014 09:28 BST

    Reliance Industries (RELI.NS), owner of the world's biggest refining complex, and HPCL-Mittal Energy Ltd (HMEL), part owned by steel tycoon L N Mittal, have sought environment ministry approval for raising capacity of their plants. Billionaire Mukesh Ambani's Reliance seeks to add a fifth crude train of 400,000 bpd, some …

  • UPDATE 2-South African platinum firms lift wage offer to 10 pct Reuters - UK Focus - Fri, Apr 18, 2014 08:43 BST

    * Implats, Amplats offer annual rises of 7.5-10 pct JOHANNESBURG, April 17 (Reuters) - South African platinum producers made a new wage offer on Thursday in a bid to end a three-month strike at their mines that has hit 40 percent of global output of the industrial metal. Anglo American Platinum (Amplats), the world's …

  • Falco Pacific Resource Group Inc. is pleased to announce that it has filed a technical report in accordance with National Instrument 43-101, entitled, "Technical Report and Mineral Resource Estimate ...

  • DeFazio tours abandoned mine Superfund site Associated Press - Fri, Apr 18, 2014 04:04 BST
    DeFazio tours abandoned mine Superfund site

    U.S. Rep. Peter DeFazio on Thursday toured an abandoned copper mine in southwestern Oregon that is on the Superfund list of major pollution sites as he prepares to file legislation to overhaul the nation's ...

  • Westcore Energy Ltd. announces the filing of its annual audited financial statements as at and for the year ended December 31, 2013. In connection with such statements, the Company determined that as of ...

  • VEGOILS-Market factors to watch April 18 Reuters - Fri, Apr 18, 2014 01:20 BST

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures eased for the first time in five days on Thursday as ...

  • Northern Superior Resources Inc. received on April 15, 2014 the Government of Ontario's revised Statement of Defence in response to the Company's $110 million lawsuit against Ontario for failure to consult ...

  • GAWMiners announced Thursday that the Double Your Hash promotion they are running for their GAW Founders Club members will be available to all customers who have purchased from GAWMiners.com on or before ...

  • Motiva to overhaul Port Arthur CDU, FCC in 2015 -sources Reuters - UK Focus - Thu, Apr 17, 2014 23:47 BST

    Motiva Enterprises LLC plans to overhaul a crude distillation unit and only gasoline-producing fluidic catalytic cracking unit at its Port Arthur, Texas refinery, the nation's largest, in February 2015, according to sources familiar with the company's plans. The overhaul of the 200,000 barrel per day (bpd) CDU, called …

  • Motiva plans Port Arthur CDU, FCC overhaul in Feb. 2015 -sources Reuters - UK Focus - Thu, Apr 17, 2014 23:34 BST

    Motiva Enterprises LLC plans to overhaul a crude distillation unit and only gasoline-producing fluidic catalytic cracking unit at the nation's largest refinery in February 2015, according to sources familiar ...

  • Peat Resources Limited Announces Debt Settlement Agreements Marketwired - Thu, Apr 17, 2014 23:08 BST

    The company is pleased to report that it has negotiated, subject to regulatory approval, a loan to the company of $250,000 on the following terms: payable in one year, with 12.0% annual interest, payable ...

  • Final Glance: Gold companies Associated Press - Thu, Apr 17, 2014 23:02 BST

    Shares of some top gold companies were down at the close of trading: Barrick Gold Corp. fell $.34 or 1.9 percent, to $17.98. Gold Fields fell $.12 or 3.0 percent, to $3.94. GoldCorp. fell $.21 or .9 percent, ...

  • Final Glance: Silver companies Associated Press - Thu, Apr 17, 2014 23:01 BST

    Shares of some top silver companies were down at the close of trading: Hecla Mining Co. fell $.04 or 1.3 percent, to $3.07. Pan American Silver Corp. fell $.20 or 1.5 percent, to $12.86. Silver Standard ...

  • Final Glance: Coal companies Associated Press - Thu, Apr 17, 2014 23:01 BST

    Shares of some top coal companies were mixed at the close of trading: Arch Coal rose $.04 or .8 percent, to $5.01. Consol Energy Inc. rose $.33 or .8 percent, to $41.81. Peabody Energy fell $.15 or .9 ...

  • A Silky Permutation of a Traditional Honey Mead Marketwired - Thu, Apr 17, 2014 22:29 BST

    Big Rock Brewery Inc. is excited to announce Freyja's Field Mead Braggot as the second Alchemist Edition release of 2014.

  • Solitario Clarifies Technical Disclosures Business Wire - Thu, Apr 17, 2014 22:13 BST

    Solitario Exploration & Royalty Corp. announces that, in connection with a review by the Ontario Securities Commission (

  • Golden Dawn Drops Tam O' Shanter Property Marketwired - Thu, Apr 17, 2014 22:08 BST

    Wolf Wiese CEO of Golden Dawn Minerals Inc. reports due to the lack of funding opportunities for low grade bulk tonnage Gold deposits, the company has made decision to relinquish its option agreement for ...

  • Scorpio Gold Corporation is pleased to announce its financial results for the fourth quarter and year ended December 31, 2013. This press release should be read in conjunction with the Company's consolidated ...

  • Granite Creek Announces Program on Darsalam Concession Marketwired - Thu, Apr 17, 2014 21:50 BST

    Granite Creek Gold Ltd. is pleased to announce that a crew has been assembled to complete initial geological work on the Company's Darsalam Project located in western Mali. The program will consist of ...

  • Hecla Receives Reclamation Award Business Wire - Thu, Apr 17, 2014 21:30 BST

    Hecla Mining Company is pleased to announce receiving the 2013 Excellence in Hard Rock Mine Reclamation Award from the Colorado Mine Land Reclamation Board. The award was

  • Z-Gold Signs Letter of Intent for Chester Copper Property Marketwired - Thu, Apr 17, 2014 21:30 BST

    Z-Gold Exploration Inc. is pleased to announce the signature of a letter of intent to enter into an option agreement to buy the Chester Copper Property from Explor Resources Inc .

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