American Pacific Mining Corp announced that the initial phase of drilling at the Tuscarora Gold Project in Elko Nevada has expanded from a planned 10-12 holes to a total of 16 drill holes.Read full newsRead More
Mining a dealership's base of service customers for new-vehicle sales makes sense financially, says Nicole Tournaud, business development director of the LaFontaine Automotive Group in Highland, Mich.Read full newsRead More
JAKARTA - Environmental officials have warned of the potentially catastrophic impact of a planned gold mine in a conservation zone in eastern Indonesia, amid mixed signals from the district chief responsible for approving the project. The proposed mine would cover 233 square kilometers (90 square miles), an area four times the size of Manhattan, in ...Read full newsRead More
Gold on Monday held close to 5-1/2 month lows, with a strong dollar offsetting the impact on prices of an escalating trade dispute between the United States and China.Read full newsRead More
Kinross Gold Corp. announced June 12 that it has decided to move forward with a $100 million expansion to the Fort Knox gold mine about 25 miles northeast of Fairbanks.Read full newsRead More
Nordstrom isn't closing nearly as many stores as its larger department store rivals, but it could still generate a meaningful amount of cash from selling unneeded properties.Read full newsRead More
Renforth Resources Inc. (CSE:RFR) ("Renforth" or the "Company") is pleased to announce that the previously announced private placement has closed with proceeds of $317,500 raised by way of the issuance of 6,350,000 units ("Unit") at $0.05 per Unit.Read full newsRead More
World's second largest miner Rio Tinto (ASX, LON, NYSE:RIO) said Monday it will begin developing its Koodaideri iron ore mine in Western Australia's Pilbara region next year, highlighting parallel plans to de-bottleneck rail capacity, which should increase it to 360 million tonnes per annum (mtpa) in 2019.The miner also said it would mine its first tonnes from the project, which it says it's one...Read More
(Bloomberg) - President Donald Trump has ordered a rescue of the nation's struggling coal and nuclear power industries, but that doesn't mean utilities are reconsidering the shutdown of unprofitable plants.Many power generators contacted said Trump's June 1 announcement hasn't altered their plans to retire old units even as the administration dangles the prospect of using emergency powers to forc...Read More
Osisko Gold Royalties announced today that it secured a silver stream from Falco Resources for Can$180 million.The silver stream will come from Falco's Horne 5 property in Rouyn-Noranda, Qu?(C)bec.Osisko will make staged upfront cash deposits to Falco of up to C$180 million and will make ongoing payments equal to 20% of the spot price of silver to a maximum of US$6 per ounce.Horne 5, a developmen...Read More
Economics & Trump trade wars Ultimately gold has to rise. Corrections should be used to invest for the medium term to long term. Trump proposes to slap another $200 billion import tariff on Chinese goods. The real motive behind the imposition of tariffs on Chinese goods is to prevent China catching up with the USA on technology. Chinese companies are investing in new technologies to try and cat...Read More
More than 30 Chinese companies active in the Democratic Republic of Congo formed a business association backed by both countries' governments, further cementing China's ascendancy in copper and cobalt production in the central African nation.The 35-member Union of Mining Companies with Chinese Capital will facilitate "communication and exchange between the Chinese mining companies and the governme...Read More
Europe is frequently held up as an example of how the rest of the world should behave on a variety of issues. But this comparison misses at least two things: First, "Europe" is actually a lot of different countries in a lot of different situations. Second, much of what seems to work over there only does so because it's being financed with ever-increasing amounts of debt.For countries, as for ind...Read More
Index futures are getting pummeled for the second straight night, supposedly because of heightened tariff fears. How is it that these fears lay dormant throughout Monday's boring session, only to resurface like Kilauea lava during off-hours trading? As a former floor trader myself, I'd attribute this dynamic to the ease with which stocks can be manipulated when there's no one around. In this cas...Read More
Economics & Trump trade wars Ultimately gold has to rise. Corrections should be used to invest for the medium term to long term. Trump proposes to slap another $200 billion import tariff on Chinese goods. The real motive behind the imposition of tariffs on Chinese goods is to prevent China catching up with the USA on technology. Chinese companies are investing in new technologies to try and cat...Read More
Lenore Skenazy is founder of the book and blog Free-Range Kids, and president of the nonprofit Let Grow.Continue...Read More
"if China refuses to change its practices, and also if it insists on going forward with the new tariffs that it has recently announced," the president said in a statementContinue...Read More
Economics & Trump trade wars Ultimately gold has to rise. Corrections should be used to invest for the medium term to long term. Trump proposes to slap another $200 billion import tariff on Chinese goods. The real motive behind the imposition of tariffs on Chinese goods is to prevent China catching up with the USA on technology. Chinese companies are investing in new technologies to try and cat...Read More
Europe is frequently held up as an example of how the rest of the world should behave on a variety of issues. But this comparison misses at least two things: First, "Europe" is actually a lot of different countries in a lot of different situations. Second, much of what seems to work over there only does so because it's being financed with ever-increasing amounts of debt.For countries, as for ind...Read More
Index futures are getting pummeled for the second straight night, supposedly because of heightened tariff fears. How is it that these fears lay dormant throughout Monday's boring session, only to resurface like Kilauea lava during off-hours trading? As a former floor trader myself, I'd attribute this dynamic to the ease with which stocks can be manipulated when there's no one around. In this cas...Read More