For maybe the best example of how financial trends are diverging at the opposite ends of the wealth spectrum, contrast the cash flowing into the accounts of the already-rich with the debt accumulating in the accounts of the "bottom half":Mortgage, Groupon and card debt: how the bottom half bolsters U.S. economy(Reuters) – By almost every measure, the U.S. economy is booming. But a look behin...Read More
The Tecolutia Project is close to major oil and gas services located in Poza Rica, 60 km away along Highway 180. Source: International Frontier Resources Corp.International Frontier Resources Corp. [IFR-TSXV, IFRTF-OTC] shares were down 36.6% Monday July 23 after the company released an operational update from its onshore oil and gas drilling project in Mexico.International Frontier recently said...Read More
AngloGold Ashanti's Vaal River gold mine in South Africa. Source: AngloGold Ashanti Ltd.A warning about the inevitable decline of South Africa's gold mining industry does not appear to have deterred Barrick Gold Corp. [ABX-TSX, NYSE] President Kelvin Dushnisky from leaving the world's leading gold miner to join Johannesburg-based AngloGold Ashanti Ltd. [AU-NYSE, AGG-ASX, ANG-JSE].Dushnisky has bee...Read More
Some of the most active companies traded Monday on the Toronto Stock Exchange:Toronto Stock Exchange (16,420.84, down 14.62 points)Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 34 cents, or 4.62 per cent, to $7.70 on 10.3 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down seven cents, or 1.44 per cent, to $4.78 on 9.1 million shares.Canopy Growth Corp. (TSX:WEED). He...Read More
TORONTO - Barrick Gold Corp.'s second-highest ranking executive will be leaving the company at the end of August to become chief executive of AngloGold Ashanti Ltd. in South Africa.Toronto-based Barrick says a replacement for Kelvin Dushnisky will be announced at a later time. John Thornton remains executive chairman.Dushnisky was educated at universities in Manitoba and British Columbia befor...Read More
Investors should be looking toward commodities as tensions with Iran and other nations heat up.Over the weekend, Iranian President Hassan Rouhani threatened the Trump administration over sanctions against Tehran. Rouhani warned:Mr. Trump, don't play with the lion's tail, this would only lead to regret...America should know that peace with Iran is the mother of all peace, and war with Iran is the m...Read More
The NASA Mars InSight Lander is en route to the Red Planet and two Colorado School of Mines scientists are among those eagerly awaiting its arrival in late November.Paul Morgan, senior geothermal geologist at the Colorado Geological Survey, and Ebru Bozdag, assistant professor of geophysics, are members of the science team for the international research undertaking, the first mission dedicated to...Read More
Gregory Bogin Jr., associate professor of mechanical engineering at Colorado School of Mines, has been awarded funding to develop two new testing facilities to improve understanding of methane gas explosions in coal mines.The Centers for Disease Control and Prevention's National Institute for Occupational Safety and Health (CDC-NIOSH) has committed $460,000 in funding over three years for a projec...Read More
Amy J. Clarke, associate professor of metallurgical and materials engineering at Colorado School of Mines, has received a Young Investigator Award from the Office of Naval Research to study certain alloys for their ability to withstand explosive blasts.The project, "In-Situ Studies of Strain Rate Effects on Phase Transformations and Microstructural Evolution in ???-Titanium and Multi-Principal Ele...Read More
Real life is all about learning from our mistakes, growing/improving, and if we are lucky enough to be able to do so (which I am) share our insights/wisdom/knowledge gained with others. Unfortunately, the problem with the above approach, right off the bat, is admitting to ourselves (and to the world) that we even made a mistake to begin with…I’ve been blogging since 2012, so you don...Read More
Publisher's Note: Today we're bringing you an interview our junior mining expert and editor of Junior Mining Monthly and Junior Mining Trader, Gerardo Del Real, recently landed with president and CEO of Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF), Mr. Jordan Trimble.The uranium sector is being thrust into the headlines due to possible tariffs in the near future. Only 5% of uranium used by the U....Read More
The Northern Miner has listed the top-10 base metal and uranium juniors - with no production, and which are not a royalty company - headquartered in Canada, arranged by market capitalization as of early July.1. IVANHOE MINESMarket cap: $2 billionPortals for twin declines at Ivanhoe Mines and Zijin Mining's Kakula copper project in the Democratic Republic of the Congo. Credit: Ivanhoe Mines.Robert...Read More
Metallurgy is the science and study of the behaviors and properties of metals. It serves an important purpose in a number of industries, especially in regards to quality control.Read full newsRead More
Charles de Vaulx is readying his value fund, IVA Worldwide, for higher wages and lower stock prices. Why he likes Berkshire Hathaway, Cimarex Energy, and AIB Group.Read full newsRead More
Charles de Vaulx is readying his value fund, IVA Worldwide, for higher wages and lower stock prices. Why he likes Berkshire Hathaway, Cimarex Energy, and AIB Group.Read full newsRead More
Follow the money.Read full newsRead More
Hedge fund billionaire John Paulson is stepping up his campaign against Canadian gold-miner Detour Gold. Paulson & Co. is pushing for an overhaul of Detour's board and plans to call for a speci...Read full newsRead More
The Alaska Department of Natural Resources is inviting residents of Yukon-Kuskokwim Delta to submit their comments regarding Barrick Gold (TSX, NYSE:ABX) and NovaGold Resources' (TSX, NYSE-MKT: NG) Dolin project by August 7, 2018.The public is being asked to review and provide feedback on Donlin's reclamation and closure plans, as well as the miners' plans to pay for cleaning up the mine waste und...Read More
The Alaska Department of Natural Resources is inviting residents of Yukon-Kuskokwim Delta to submit their comments regarding Barrick Gold (TSX, NYSE:ABX) and NovaGold Resources' (TSX, NYSE-MKT: NG) Dolin project by August 7, 2018.The public is being asked to review and provide feedback on Donlin's reclamation and closure plans, as well as the miners' plans to pay for cleaning up the mine waste und...Read More
Hedge fund billionaire John Paulson is stepping up his campaign against Canadian gold-miner Detour Gold. Paulson & Co. is pushing for an overhaul of Detour's board and plans to call for a speci...Read full newsRead More