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Aug 31, 2011
Finally dashing BP’s hopes of reviving its deal with Rosneft the new Exxon deal will see the two giants invest $3.2 billion developing the Arctic Kara Sea.

Aug 31, 2011
A group of Chinese investor, currently making $642 million bid for South Africa’s Gold One International, say they will be using this deal as a beachhead for further expansion into Africa.

Aug 30, 2011
Gold demand in India, the world’s largest user, may jump by 25% during the country’s festival season, as buyers expect gold prices to continue bull-run on “safe haven” demand.

Aug 30, 2011
Japan’s Ministry of Finance data shows the country exported net 6.1 tonnes of gold in July, making it more likely that net gold exports will reach a new record this year.

Aug 30, 2011
With demand for gold in China expected to increase to over 25% of total global production the world’s biggest producer is also aiming to build up a huge domestic stockpile of the yellow metal.

Aug 26, 2011
The world’s largest commodities trader is moving to acquire complete ownership of Australia’s Minara Resources.

Aug 25, 2011
One of the world’s top oil producers is to import petrol to increase the quality of its petrol.

Aug 24, 2011
BHP Billiton Ltd, the world’s largest mining firm says second-half profit rose to a record and beat analysts’ estimates.

Aug 23, 2011
The world’s largest oil producer, in July, matched a post Soviet Union record set in October 2010.

Aug 22, 2011
Exxon Mobil’s huge oil discovery at the Gulf of Mexico’s Julia field remains a topic of hot debate as the U.S. Interior Department insists that the oil giant’s permit in this matter has expired.


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