Anglo-Swiss mining group Xstrata on Monday reported a 41 per cent drop in its annual profit in 2009 and pinned its hopes on a renewed boom in commodities demand in China and other emerging economies.read more »
The Church of England has dealt a significant blow to Vedanta Resources plc by pulling £3.75 million worth of investments from the company on ethical grounds The Church of England has sold its two major holdingsread more »
The resource sector's strong start to the year suffered a setback yesterday as stocks and commodities were dumped on concerns that an emerging debt crisis in Europe would hamper the global economic recovery. read more »