How to Profit From the “Fertilizer Wars”

There’s nothing like scarcity and supply disruptions to fuel violent price spikes. And there’s nothing like the basic human needs for food and water to light that fuse. Today’s world food supplies run on razor-thin inventories. While the food riots...

Xstrata gains ground as FTSE 100 jumps to 18 month high

Mining and financial shares led the way as the FTSE 100 surged to an 18 month high, helped by a return of investors’ appetite for risk, hopes for a solution to Greece’s debt problems and better than expected US jobless figures. In particular Xstrata added...

BNFL memoir revives nuclear safety fears

The autobiography of a former director of British Nuclear Fuels (BNFL) is likely to reignite fears about the safety of nuclear power, as Britain prepares for a new generation of reactors, by exposing the panic that rocked the industry two decades ago when a link was...

Indian Environment Minister to review Vedanta clearances

Ramesh to review Posco, Vedanta clearances Controversy-prone Indian minister for environment and forests Jairam Ramesh has now decided to review the forest clearances granted to Posco and Vedanta Resources. Both the giant Korean firm (Pohang Steel Company) and the...

Vedanta raises Rs 17,000 crore debt for Orissa project

Vedanta Aluminium, a subsidiary of the billionaire Anil Agarwal-promoted Vedanta Resources, has raised a Rs 17,000-crore debt for its ongoing project in Orissa to increase its fully-integrated aluminium smelting capacity. (One crore is equivalent to ten million....

INDIA: Indigenous Groups Step Up Protests Over Mining Project

Indigenous Dongria Kondhs trekked to Niyam Dongar hill, the abode of their presiding deity Niyam Raja, and designated it as inviolate, meaning that they were stepping up their resistance to a controversial alumina refinery and bauxite mine project. They carried out...