A Colorado School of Mines professor is part of a team that has been awarded $8 million over five years by the U.S Department of Energy to engineer a particular strain of alga to produce renewable biofuel.Nanette Boyle, assistant professor of chemical and biological engineering, will receive $616,000 over the next five years for her part in the project, which is to create a genome-scale metabolic...Read More
While for much of past twenty years there has been a slow withering of the mining industry in the U.S., with the notable exceptions of a few bright spots such as gold mining in Nevada, things are starting to look much more optimistic thanks to a combination of rising commodity prices, an easing of regulatory burdens and a new pro-business atmosphere punctuated by the deep corporate cuts in the U.S...Read More
The Manitoba Saskatchewan Prospectors and Developers Association (MSPDA) takes the strong view that while it agrees with Stephen Fletcher's view that a creating a new national park on Manitoba's Nickel Belt is an irresponsible action by the federal government (T.N.M., Nov. 16-Dec. 10/17), he should not have so quickly suggested a park in the Seal River area as an alternative.Mr. Fletcher, Member o...Read More
Indonesia's government has extended until June 30, 2018, the temporary special mining permit it issued to PT Freeport Indonesia, a subsidiary of US-based Freeport McMoRan (NYSE:FCX).The permit was issued to allow the miner to continue exporting copper concentrate while company representatives and government officials go on with the discussions around Freeport's future operations in the country, wh...Read More
http://www.cbc.ca/news/canada/sudbury/Prospectors will not be able to stake claims until online system is implemented in AprilA deadline is fast approaching that will completely change the way Ontario prospectors do business. In April, the province is rolling in a new Mining Lands Administration System that will see prospectors stake their claims online, instead of on the ground.As of Jan. 9, no n...Read More
At the conclusion of 2016, I issued the following top picks for 2017.Heading into 2017, I was quite bullish on: Birimian Limited (BGS.AX/EEYMF), Critical Elements (CRE.V/CRECF), and Ivanhoe Mines (IVN.TO/IVPAF).How did we end up doing?From the 2017 CEO Stock Picking Contest (shout out to @Evenprime for all his hard work!).BGS.AX up 127%CRE.V up 233%IVN.TO up 67%On the whole, the top 3 picks for 2...Read More
Last year I predicted that oil, specifically West Texas Intermediate, would end the year with a price of $61.55 a barrel. On the last trading day of the year, it closed at $60.28. I apologize for falling short.As I write this, WTI is trading at $60.85, and it is in a solid uptrend. The price of crude has been going up since January of 2016. As you can see by the chart above, it is now at a crucia...Read More
The third trial of Cliven Bundy has ended in a mistrial. The prosecution failed to turn over documents that would have helped the defense.Two earlier trials ended in hung juries. On January 8th, a judge will decide if the case will be dismissed “with prejudice,” meaning that it cannot be once again brought to trial.This all started two years ago when Cliven Bundy asserted his rights...Read More
The third trial of Cliven Bundy has ended in a mistrial. The prosecution failed to turn over documents that would have helped the defense.Two earlier trials ended in hung juries. On January 8th, a judge will decide if the case will be dismissed “with prejudice,” meaning that it cannot be once again brought to trial.This all started two years ago when Cliven Bundy asserted his rights...Read More
Why should we expect gold stocks to breakout this year? Jordan Roy Byrne from The Daily Gold provides five reasons.Read full newsRead More
Canadian gold miner Golden Star Resources said on Tuesday two employees died on Dec. 29 after inhaling poisonous gasses at the company's Prestea underground gold mine in Ghana.Read full newsRead More
GSE: GSR) (Read full newsRead More
The Welsh mine that produced the gold for three generations of royal wedding rings is to reopen after nearly 20 years.Read full newsRead More
There's gold in them there hills?EUR?-?EUR?or is there? In the Superstition Mountains outside of Phoenix, people have died trying to find out.Read full newsRead More
Mergers and acquisitions in the mining industry ticked higher in 2017 compared with the year before. But deal-making activity is still a long way below the boom yearsRead full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2018) - ML Gold Corp. (TSXV: MLG) (Read full newsRead More
ELKO - Mining headlines in 2017 united the hardrock mining community of Northern Nevada, as readers rallied around news of tragedies, growth, regulatory changes and giving. Here is a lookRead full newsRead More
The Trump administration on Tuesday threw the weight of the U.S. government behind the protesters taking to the streets of Iran, rooting them on despite the risk of helping Iranian authorities dismiss a week of major demonstrations as the product of American instigation. As Iran's supreme...Read full newsRead More
Indonesia's government has extended until June 30, 2018, the temporary special mining permit it issued to PT Freeport Indonesia, a subsidiary of US-based Freeport McMoRan (NYSE:FCX).The permit was issued to allow the miner to continue exporting copper concentrate while company representatives and government officials go on with the discussions around Freeport's future operations in the country, wh...Read More
CloseGain/LossGold $1318.20+$15.00Silver$17.17+$0.23XAU88.14+3.36%HUI198.60+3.27%GDM666.00+2.30%JSE Gold1317.36+13.77USD91.86-0.44Euro120.65+0.62Yen89.12+0.31Oil$60.37-$0.0510-Year2.458%+0.047T-Bond151.84375-1.15625Dow24824.01+0.42%Nasdaq7006.90+1.50%S&P2695.79+0.83% The Metals: Gold gained $11.20 to $1314.40 in midmorning New York trade before it pared back heading into midday, but it the...Read More