Apr 28, 2017

In world first, El Salvador bans metal mining

El Salvador on Thursday became the first country in the world to ban the mining of metals in what campaigners called a landmark move for environmental protection.The law bans “prospection, exploration, exploitation, extraction or processing of metallic minerals in El Salvador,” according to the ...

Apr 27, 2017

Space, the final frontier for Earth's crude oil giants

The Middle East has an outsize impact on energy here on Earth. One analyst thinks some regional powerhouses may leverage that role into the development of natural resources in space.Countries like the United Arab Emirates and Saudi Arabia are developing space programs and investing ...

/ Jul 22, 2016

Komatsu to buy U.S. mining equipment maker Joy Global

Komatsu Ltd. said that it has agreed to acquire U.S. mining machinery maker Joy Global Inc. for $2.9 billion.Joy Global, based in Milwaukee, Wisconsin, has production bases in the United States, China, Australia and elsewhere. Annual sales totaled $3.2 billion in the year that ...