With global supply and demand dynamics tightening, lithium producers that are able to expand capacity should realize increased profits, which can be reinvested into additional value-added segments of their businesses.
Labor disputes related to uranium mining operations in Africa have gained prominence recently, with several companies reporting strikes.
ExxonMobil has been removed from a list of bidders for Iraqi energy exploration rights amid political tensions between the Middle Eastern state and the Kurdistan Regional Government (KRG).
Coal isn’t what it used to be and neither is its future.
Reuters reported that coal miners at one of BHP Billiton's (NYSE:BHP) coal mines are planning a strike.
Reuters reported that shipments of coal on US railroads are down due to slower demand.
Mining Weekly reported Waterpan Mining Company an other investors are planning to bid for a controlling stake in First Uranium (TSX:FIU).
Mining Weekly reported Bannerman Resources (TSX:BAN,ASX:BMN) has agreed to sell a 5% stake in its 80%-owned Namibian subsidiary to Epangelo for about A$3.9-million.
Peabody Energy Inc. (NYSE:BTU) announced it successfully bid to lease coal reserves near its Wyoming-based North Antelope Rochelle Mine.
United Steelworkers announced the Department of Energy, Energy Northwest, Bonneville Power Administration, the Tennessee Valley Authority and U.S. Enrichment Corporation, Inc. have agreed to keep the Paducah Gaseous Diffusion Plant open.
Tucana Lithium Corp. (OTCQB:TUCA) announced that it has entered into an asset purchase agreement to wholly acquire the Lac Kame and EM-1 properties, located in Quebec, from Alain Champagne and other parties.
Zodiac Exploration Inc. (TSXV:ZEX), an oil and gas exploration company, announced its results for the second financial quarter of 2012.
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