Mining bitcoins requires a great deal of computing power which in turn needs a lot of electricity to solve the mathematical puzzles that reward miners with cryptocurrency.China and South Korea have already banned bitcoin mining due to problems with a lack of control over fraud and money laundering, and in China's case, concern over the amount of power that the activity sucks from the electricity g...Read More
Eighteen people have been killed in Venezuela at an illegal gold mine following clashes with security forces.On Sunday Associated Press reported that there was a confrontation in Bolivar state between an armed gang that was threatening wildcat miners. The army then travelled to the Cicapra mine to try and control the area. No soldiers were among the dead.AP stated:It was the most violent incident...Read More
A uranium deposit in Western Australia under development by Cameco (TSX:CCO, NYSE:CCJ) will not be held up by conservationists who oppose it.Last week the Conservation Council of WA lost an appeal against the Yeelirrie project's approval by the WA Supreme Court. In his judgment, Chief Justice Wayne Martin dismissed the CCWA's contention that environmental approval by the former WA Environment Min...Read More
https://www.reuters.com/MELBOURNE (Reuters) – Australia's top coal hauler, Aurizon Holdings Ltd, is on course for a showdown with the world's biggest coal exporters after a regulator capped the revenue it can charge at A$1 billion ($783 million) less than the company sought.BHP Billiton, Glencore, Anglo American, Peabody Energy and others face cuts of nearly a tenth of their coal export volu...Read More
Vista Gold Corp. (TSX: VGZ; NYSE-AM: VGZ) has completed a new prefeasibility study on its 100% owned Mt Todd gold project in Australia's Northern Territory that shows the project has the capacity to become the country's fourth largest gold mine.Vista acquired the project, located 250 km southeast of Darwin, in 2006, already decked out with infrastructure. Since then it has tripled the resource and...Read More
Organigram (TSX-V: OGI) is expanding, Horizons Marijuana Life Sciences (TSX: HMMJ) launches a new ETF, and prohibitionists are trying desperately to stop Michigan from legalizing. This and more in today's Green Chip Minute ...Read More
Lithium has been the most relevant energy metal over the past few years.In recent months, cobalt has become the energy metal favored by investors.The demand for both of these metals is set to increase rapidly as demand for lithium-ion batteries continues to grow. But the energy metal with the biggest upside right now is one you might not associate with energy, or even know: vanadium.There's nothi...Read More
Via Soveriegnman.comLess than two weeks ago, the United States Department of Treasury very quietly released its own internal projections for the federal government's budget deficits over the next several years.And the numbers are pretty gruesome.In order to plug the gaps from its soaring deficits, the Treasury Department expects to borrow nearly $1 trillion this fiscal year.Then nearly $1.1 trilli...Read More
Just 15% of Americans think the government will bring us to a better future. 59% say the government is the most broken institution, followed by 21% who think the media is the worst.On the other hand, 29% of Americans think NGOs (non-governmental organizations) are the most likely institutions to lead to a better world followed by 22% who say businesses will take us where we need to be.Trust in gov...Read More
Via Soveriegnman.comLess than two weeks ago, the United States Department of Treasury very quietly released its own internal projections for the federal government's budget deficits over the next several years.And the numbers are pretty gruesome.In order to plug the gaps from its soaring deficits, the Treasury Department expects to borrow nearly $1 trillion this fiscal year.Then nearly $1.1 trilli...Read More
Just 15% of Americans think the government will bring us to a better future. 59% say the government is the most broken institution, followed by 21% who think the media is the worst.On the other hand, 29% of Americans think NGOs (non-governmental organizations) are the most likely institutions to lead to a better world followed by 22% who say businesses will take us where we need to be.Trust in gov...Read More
Mining stocks are an extremely volatile asset class where the odds of any investor getting into a story, experiencing impressive gains, only to then take a round trip back to break-even… and finally into NEGATIVE territory are actually quite high (sadly)… In fact, that dreaded rollercoaster ride where you see all your once “hefty” profits in any single position later evisce...Read More
Image of Mount St. Helens by Ewen Roberts, via Flickr Creative Commons license. The U.S. Forest Service signed off on exploration for copper, gold and other minerals on 900 federal acres that lie just outside the Mount St. Helens National Volcanic Monument in Southwest Washington.Read moreRead More
Although a final production decision has not been made, Canada's Alexco Resource Corp. is preparing to resume mining of silver and related minerals late this year in the Yukon's Keno Hill Silver District, a company official said Wednesday.Read moreRead More
Mining bitcoins requires a great deal of computing power which in turn needs a lot of electricity to solve the mathematical puzzles that reward miners with cryptocurrency.China and South Korea have already banned bitcoin mining due to problems with a lack of control over fraud and money laundering, and in China's case, concern over the amount of power that the activity sucks from the electricity g...Read More
The Gold market has gone up by about 20% in the last year and a half or so. But that won't stop it from continuing the up trend.Read full newsRead More
Broadway Gold Mining Ltd. announced that Phase III surface drilling program at the Company's 100%-owned Madison copper-gold project in the legendary Butte-Anaconda mining region of Montana, USA.Read full newsRead More
Multiple suspects tried their hand at using a Russian supercomputer to mine cryptocurrency - and it didn't go well.Read full newsRead More
ROUYN NORANDA, QC, Feb. 9, 2018 /CNW/ - Granada Gold Mine Inc. (TSX-V: GGM) (OTCPK: GBBFF) (Frankfurt: B6D) (the 'Company' or 'Granada') announces that it i...Read full newsRead More
VANCOUVER, British Columbia, Feb. 09, 2018-- Sabina Gold & Silver Corp, is pleased to announce the appointment of Mr. Leo Zhao to the Company' s Board of Directors. Zhao joins the Board as Zhaojin International ...Read full newsRead More