YAOUNDE (Reuters) – Cameroon has signed a deal with Russian group RusGaz Engineering that could pave the way for a second oil refinery for the central African nation, the ministry of water and energy said. The deal will allow the Moscow-based firm to conduct a feasibility study in the port city of Kribi for the facility that aims to refine mainly Cameroonian crude for export and to provide products for
[Marketwired] – Endeavour Silver Corp. announces that the 1,000 tonne per day ball mill at the 1,600 tpd Bolañitos mine experienced an unplanned outage this week due to a motor problem. The motor has been sent out for …
[Marketwired] – Alamos Gold Inc. is providing a summary of the voting results of its Annual General and Special Meeting of Shareholders and announcing the appointments of Aoife McGrath as Vice President of Exploration, …
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[Reuters] – Bigger isn’t better for the world’s gold miners, who are increasingly making “bite-sized” developments that carry less risk of budget disasters and fewer of the political and environmental disputes that have derailed mega-mines in recent years. Newmont Mining is a prime example of how companies are responding to bleak industry conditions by building mines on a smaller scale than in the past, with the price of gold down
FLORENCE, Italy (AP) — As Italy’s economy was heading off a cliff, police couldn’t help but notice that the country’s Chinese communities were booming. Luxury cars rolled past Chinese betting parlors and garment factories. Chinese immigrants were buying up Italian coffee bars and real estate. Their prosperity, however, was not reflected in local tax records.
With crude oil tumbling nearly 3 percent and continued uncertainty in global markets as investors remain concerned about the U.S. jobs report, today King World News wanted to take a step back and look at 5 of the most shocking charts of 2015!
By Valerie Volcovici and Timothy Gardner WASHINGTON (Reuters) – Fracking for shale oil and gas has not led to widespread pollution of drinking water, a U.S. Environmental Protection Agency draft report said on Thursday, although it warned some drilling activities could potentially cause health risks. The study, requested by Congress and five years in the making, said fracking could contaminate drinking water under certain conditions, such as when fluids used
