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Rare Metals Shortage Could Halt Advances in Technology, Say Scientists

There is no substitute for metals used in devices such as smartphones and tablet computers, scientists say.

Shale Gas Fracking: US Moves Ahead of Russia in Oil and Gas Output

The oil and natural gas output in the US in July was equivalent of about 22 million barrels per day, compared with Russia's forecast of 21.8 million barrels a day.

India's Trade Gap Widens as Gold Imports Jump to 138% in April

Indians shopping for gold after prices fell

The world's top importer of gold posts a 138% increase in gold and silver imports in April.

Rio Tinto Aims at $7bn in Cuts and Savings over Commodity Demand Fall

Rio Tinto announces cost-cutting initiatives to cope with decline in global demand and lower commodity prices.

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Precious Metal Prices May Touch Record Highs This Year

Gold prices may hit record highs later this year due to volatility in the Middle East and persistent sovereign debt problems.

Petropavlovsk Revenues Jump Two-Fold and Profits Rise Ten Times

Driven by an increase in gold sales by 52 percent, Petropavlovsk, the Russian gold exploration company, has reported revenue of US$1.3 billion for the full-year 2011, which is more than double the group's revenue of US$612 million in 2010.

Melrose Resources Swings to Profit, Plans Debt Reduction

Oil and gas exploration group lifts earnings as Bulgarian, Egyptian fields improve

Petropavlovsk to Report Record Growth Phase as Production Levels Soar

Petropavlovsk, the Russian gold exploration company, has increased the production target for the FY 2012 by 11 percent to 680,000oz compared to FY 2011 and a compounded yearly growth rate of 26 percent since the group first listed in 2002.

Kazakhmys' Shares Top FTSE as Group Lifts Dividend After Solid Full-Year Earnings

Copper miner lifts dividend as revenues, but cash costs remain an investor concern

UK High Street's Busiest Shopping Day of the Year

Last full day of shopping before holiday expects £2 billion to pass through the tills in just over 12 hours of trading.

Rare Blue Diamond Sells for Record $300,000 per Carat

A rare blue diamond has been sold for a whopping $1.45 million (£920,000) by diamond miners Petra Diamonds - making it the most expensive per carat for any uncut diamond they have ever sold.

Next Generation To Be Born Into ‘Cashless’ Society

Today's younger generation will trade in their cash, credit cards and cheques for mobile digital wallets by 2016, new research claims.

Storm in the Tea Cup: Milk Prices Shoot-up as Euro Drops

The decline of the Euro has now made its impact felt on the price of milk and the cup of morning tea. The prices of milk, in the European Union (EU), rose in September, led by higher payments to farmers by dairies in Germany, France and the UK, as the Euro's decline boosted exports.

British and US Forces Capture Somali Pirates on Hijacked Ship

British and US special forces have seized 11 Somali Pirates in a stormed raid on a hijacked Italian cargo ship off the coast of the Horn of Africa

Office Of Fair Trading: Debt Collectors Now Using Facebook and Twitter to Find You

Family wins lottery for the third time

The odds of winning the lottery are small. Very Small. The odds of winning it twice are near impossible. So imagine the surprise of one family when they went to cash in their third win.