India Court Clears Way For Posco's $12B Mining Plant
May 10 2013 1:23 PM
Posco, one of the world's largest steel makers, aims to produce 12 million tons of steel a year from a new plant in India.
Wrigley Pulls Caffeine-Laced Gum
May 10 2013 9:20 AM
Wrigley said it would take Alert Energy, its caffeine-laced gum, off store shelves due to pressure from the FDA.
South Africa’s Mining Union To Seek Double-Digit Pay Hike
April 29 2013 11:20 AM
The National Union of Mineworkers, an ally of South Africa’s ruling African National Congress, wants a double-digit pay hike.
Ninety Chemical Plants Put More Than 1,000,000 People At Risk
April 18 2013 4:06 PM
Check out this map of the 90 chemical plants that could cause harm to the million or more people that live nearby:
Demand for Greener Homes To Boost Materials Industry
March 05 2013 4:37 PM
Increasing residential construction is expected to propel growth for green building materials by 11 percent annually.
Mongolia Mine Block - Resource Nationalism Or Negotiating Tactic?
February 28 2013 3:42 PM
The Mongolian government blocked mining licenses for Entree Gold, Inc. Is this resource nationalism? Probably not.
Apparently, Asteroid Mining Is A Thing
February 14 2013 12:16 PM
Hollywood depicts asteroids as Earth-shattering nemeses, but, in the real world, some hope to bring them closer to Earth.
No Plans To Halt Work On Oyu Tolgoi Project - Rio Tinto
January 31 2013 11:08 AM
Anglo-Australian miner Tio Tinto Group says it has no plans to temporarily halt work on its giant Oyu Tolgoi mine in Mongolia.
Huntsman To Trim European Staff To Achieve Some $70M Gains
January 24 2013 8:50 AM
Chemical maker Huntsman will trim its European manufacturing payroll to make its Advanced Materials division more efficient.
Thief Gets Pizza, Not Money: Would-Be Montana Robber Leaves Papa John's With Another Type Of Dough After Change Of Heart
January 23 2013 2:30 PM
A would-be thief who had a change of heart over his criminal intentions left a Montana Papa John’s with another kind of dough – a pizza pie for his family instead of the restaurant’s cash.
What's Rio Tinto To Do? Minerals Or Margins?
January 19 2013 1:46 PM
Rio Tinto Group, the mining giant that just admitted that it’s worth $14 billion less than previously stated, is at a crossroads.
- Alcoa Q4 Profit Meets, Revenue Beats Expectations
January 08 2013 9:42 PM
Alcoa, the largest aluminum producer in the U.S., posted a fourth-quarter profit on Tuesday, in line with Wall Street expectations, and handily beat expectations on revenue.
POSCO, China Steel Consortium To Buy 15% Stake In ArcelorMittal Mines Canada
January 02 2013 6:47 AM
A consortium led by POSCO and China Steel Corp. is acquiring a 15 percent stake in ArcelorMittal Mines Canada Inc.
South Africa Miners Have Until Wednesday to Accept Amplats Offer
November 13 2012 12:29 PM
South Africa's mining labor problems endure as negotiations drag. One forecast says strikes will contribute greatly to global platinum deficit for 2012.
In India, A Showdown Between Steelmakers And States
November 06 2012 3:35 PM
Tata Steel's billion-dollar state fine is just the latest face-off between mining concerns and key ore-rich states.
Looters Victimizing Queens, Brooklyn, New Jersey In The Wake Of Hurricane Sandy
November 03 2012 7:47 PM
The devastation caused by Hurricane Sandy has led to gangs of looters taking advantage of areas without power.
AngloGold, Gold Fields To Fire 20K Striking Miners
October 24 2012 11:04 AM
AngloGold and Gold Fields are the latest companies to resort to mass firings after weeks of crippling labor unrest.
- Dow Chemical To Cut Workforce 5%, Shut 20 Plants
October 23 2012 9:30 PM
Dow Chemical Co (DOW.N), the largest U.S. chemical firm, announced Tuesday it plans to cut 5 percent of its workforce and shutter 20 plants as part of a restructuring program amid a slowing global economy.
DuPont To Reduce Workforce On Global Sales Slump
October 23 2012 9:55 AM
U.S. chemical giant DuPont cites a slowdown in Asia, a decline in electronics and a widely used chemical as a reason for the cuts.
Ecolab Grabs Second Energy Concern For $2.2 Billion
October 12 2012 9:35 AM
Environmental services provider Ecolab Inc. ups its stake in lucrative natural gas sector with $2.2 billion acquisition.