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Mining company closing office in northern Wisconsin

2015-02-27 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The company looking to open an iron ore mine in northern Wisconsin announced Friday it was closing its office in Hurley, saying future investment was "unfeasible at this time," a move that marks the end for now of the project near Lake Superior that sparked fierce debate and opposition from environmentalists and tribal members near the site. Bill Williams, president of mining company Gogebic Taconite, released a statement announcing the decision. It comes after field explorations were put on hold...

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Oil and mining stocks lift FTSE

2015-02-13 10:59:59| BBC News | Business | UK Edition

Rising oil and metals prices boost commodity-related stocks, helping to pull the FTSE 100 higher.

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Mining shares lift FTSE 100

2015-02-12 10:19:59| BBC News | Business | UK Edition

Mining shares help to support the market in early trade, with Rio Tinto leading the way after it announces plans for a $2bn share buyback.

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Monday Sector Leaders: Oil & Gas Exploration & Production, Metals & Mining Stocks

2015-02-10 17:19:27| Oil & Gas - Topix.net

In trading on Monday, oil & gas exploration & production shares were relative leaders , up on the day by about 2.8%. Leading the group were shares of North Atlantic Drilling , up about 16.8% and shares of Swift Energy Company up about 13.7% on the day.

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Church of England may sell 3m stake mining firm over fears gorilla haven

2015-02-07 21:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Church of England is considering withdrawing its investment in a controversial British mining firm whose operations in a war-torn region of Africa have alarmed both human rights groups and environmentalists. The church led by archbishop of Canterbury, Justin Welby, a former oil executive has said that it may sell its near 3m stake in Soco International unless it receives a number of reassurances from the company, whose decision to carry out a seismic survey in Virunga national park in...

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