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Adani Gets Approval for Largest Coal Mine in Australia

The Guardian reported today that Adani Enterprises (NSE:ADANIENT) has been given approval for its Carmichael mine. The $16.5 billion project will be the largest coal mine in Australia, according to the Guardian.

Paladin Energy Reports Releases Quarterly Activities Report

Paladin Energy Ltd. (TSX:PDN,ASX:PDN) provided its quarterly activities report for the three months ended June 30, 2014. Highlights included the completion of the Langer Heinrich minority Joint Venture US$190 million sale, strong FY14 production and a 25 percent increase in Measured and Indicated resources for the Michelin project.

Fission Uranium Hits Off-Scale Mineralization in 7 holes at Patterson Lake South

Fission Uranium Corp. (TSXV:FCU,OTCQX:FCUUF,FWB:2FU) reported results from the first 14 drill holes from its Patterson Lake South summer drill program. Notably, all 14 holes returned wide mineralization, with seven angled holes and three vertical holes returning substantial intervals of off-scale (>10,000 cps) radioacticity.

Anfield Resources Provides Update on Negotiation

Anfield Resources Provides Update on Negotiation

Anfield Resources Inc. (TSXV:ARY,OTC:ANLDF) announced that the Company is in negotiations with respect to a transaction. Further details are expected within the next ten business days.

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Company Videos

Northern Uranium Corp. CEO Chad Ulansky (TSX-V:UNO)

Northern Uranium Corp. (TSXV:UNO) CEO Chad Ulansky spoke to Resource Investing News about the company’s Northwest Manitoba project which was recently optioned from CanAlaska Uranium Limited.

Market News

Oil Exploration Shifting to More Developed Countries for More Predictable Returns

The Wall Street Journal reported today that big companies are shifting towards more developed nations for their oil and gas exploration projects. For companies like Shell (NYSE:RDS.A) and Exxon Mobil (NYSE:XOM), higher costs and tighter regulations are balanced by the benefit of political stability, according to the Journal.

Infographic: Inside Tesla Motors’ Gigafactory

Visual Capitalist breaks down what Tesla Motors Inc.'s (NASDAQ:TSLA) gigafactory will be doing, how long it will take to build and what materials it will require.

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