A Senate bill to cut greenhouse gases and address climate change is heading toward almost certain defeat after nearly a week of stalemate and partisan bickering. Both sides are charging the other with blocking action.
The Associated Press has learned that senators close to the issue privately say there is virtually no chance to get the [...]

Shares of China’s Yanzhou Coal Mining Co. trading in the U.S. helped pull an index of emerging markets ADRs down in Wednesday afternoon trading.
The company’s ADRs fell $11, or 10.3 percent, to $97.71. ADR stands for American Depositary Receipt, which is a security designed to allow U.S. investors to trade shares of companies based overseas.
The [...]

Bancroft Uranium Inc. today wishes to advise the public as to the Company’s strong ongoing commitment to environmental principals, the health of its workers, the community and to the overall protection of the environment.
Bancroft believes that the production of emissions-free electricity via nuclear power generation is the only form of energy for the future that [...]

Sabah can be a major economic force in the country if the plan to build a 300mw power plant by Petronas and Yayasan Sabah as well as the emphasis on downstream oil and gas industry with the proposed construction of a petrochemical plant in Kimanis materialise.
The announcement on the two mega projects by Prime Minister [...]

Shares of solar power companies rose after German lawmakers reached a tentative agreement on a smaller reduction in state subsidies to solar companies than some investors feared.
Lawmakers agreed to cut the nation’s so-called feed-in tariff by 8 percent in 2009 and 2010, and 9 percent for each subsequent year. The law requires utilities to buy [...]

Sterlite Industries (India) Limited (“Sterlite”), a subsidiary of Vedanta Resources plc, the London-based FTSE 100 metal and mining group, and ASARCO LLC (“Asarco”), a Tucson based mining, smelting and refining company, announced today that they have signed a definitive agreement for the sale to Sterlite of substantially all the operating assets of Asarco for $2.6 [...]

Indonesian state coal miner PT Bukit Asam Tbk expects its coal export prices to rise by at least 45 percent this year, in line with rising global prices and strong demand, a company official said on Thursday.
Bukit Asam — the smallest of Indonesia’s three listed coal miners — sold coal in the overseas market at [...]

Majescor Resources Inc. is pleased to provide supplementary data on its significant uranium drill intersection at its 100%-owned Lac Mantouchiche uranium prospect located on the Mistassini property, in the Otish Mountains of Quebec (uranium rights under option to Strateco Resources Inc.; 721 claims, 384 km2). Based on recently received additional core assays, the Lac Mantouchiche [...]

Mining and natural resource group Anglo American Plc. said Chris Griffith has been appointed chief executive officer of its Kumba Iron Ore unit effective July 1, replacing Ras Myburgh.
Griffith is currently responsible for all joint ventures operations at Anglo Platinum Ltd, which is 74.8 percent owned by Anglo American.
Myburgh is taking up a secondment with [...]

South Africa’s Nedbank Capital said on Wednesday it had acquired Mining Capital Equipment, a unit of U.S drilling services group Boart Longyear , through a leveraged buyout.
Nedbank Capital, a unit of banking group Nedbank , bought the unit for an undisclosed amount with black empowerment group Matasis Investment Holdings and management.
“The business is focused and [...]