Fed raises rates for first time in 9 years … The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25...Read More
Obama Tells New American Citizens Why Immigration Is 'Part of What Makes Us Exceptional' … On Tuesday morning, 31 people from 25 countries became American citizens while standing in the same room as the original Bill of Rights, which celebrated its 224th birthday today. They were very excited. Muhanned Ibrahim Al Naib, a refugee from Iraq and former translator, told the Guardian, &qu...Read More
Fed raises rates for first time in 9 years … The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis. The U.S. central bank's policy-setting committee raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25...Read More
Obama Tells New American Citizens Why Immigration Is 'Part of What Makes Us Exceptional' … On Tuesday morning, 31 people from 25 countries became American citizens while standing in the same room as the original Bill of Rights, which celebrated its 224th birthday today. They were very excited. Muhanned Ibrahim Al Naib, a refugee from Iraq and former translator, told the Guardian, &qu...Read More
Transporting workers and heavy machinery can be a challenge for any mine, but there's one part of the world where mining has a whole other level of complexity: an elevation of more than 4,000 metres.Here's where the world's 10 highest mines are located.Visit IntelligenceMine and learn how you can run your own analysis to uncover service, supply, investment and business opportunities. Contact us t...Read More
Image by Bennyartist |Shutterstock.comMining giant Rio Tinto (LON:RIO) wants to be one of the first major miners to get a grip on the lithium market, one of the very few commodities, if not the only one, that has remained unaffected by the ongoing rout in metals and fuel prices.According to the company's chief executive of diamonds and minerals, Alan Davies, Rio is already seeking strategic allia...Read More
U.S. maker of mining equipment Joy Global (NYSE:JOY) logged Wednesday an unexpected and sharp loss in its fourth quarter and announced it was cutting its dividend as it struggles to survive long-dragged drop in demand triggered mostly by low commodity prices.Announcing a loss of $1.32 billion for the fiscal fourth quarter ended Oct. 30, the Milwaukee-based maker of giant shovels, conveyor belts an...Read More
After the Voisey's Bay deposit had been sold to the highest bidder in 1996 for $4.3 billion, it took some years to come into production.The last part of this series highlights the richness of the deposit itself - and we also profile the world's largest icebreaking cargo ship that is used to transport the ore for a cool $100 million per load.Presented by: Equitas Resources, "Nickel exploration in L...Read More
The Fed is about to close a momentous chapter in monetary-policy history … The Federal Reserve is set to exit a historic monetary-policy era and enter a new one. On Wednesday, it will most likely raise its benchmark rate for the first time in nine years, ending the zero interest-rate regime that was designed to support the economy after the Great Recession. To do this, it would raise the tar...Read More
The Plot Against America: Donald Trump's Rhetoric … You can't effectively say that Donald Trump is vulgar, sensational, and buffoonish when it's exactly vulgar sensationalism and buffoonery that his audience is buying … Donald Trump, when he really gets going, hardly speaks in sentences anymore. He doesn't need to …. Whether we call him a Fascist or a right-wing d...Read More
SUBSCRIBE TO THE NEW HELL'S KITCHEN CHANNEL: https://www.youtube.com/channel/UCt1f...Gordon and owner Samy clash over Samy's refusal to give tips to the waitresses. If you liked this clip check out the rest of Gordon's channels:http://www.youtube.com/gordonramsayhttp://www.youtube.com/thefwordhttp://www.youtube.com/kitchennightmaresMore Gordon Ramsay:Website: http://www.gordonramsay.comFacebook: h...Read More
The Fed is about to close a momentous chapter in monetary-policy history … The Federal Reserve is set to exit a historic monetary-policy era and enter a new one. On Wednesday, it will most likely raise its benchmark rate for the first time in nine years, ending the zero interest-rate regime that was designed to support the economy after the Great Recession. To do this, it would raise the tar...Read More
The Plot Against America: Donald Trump's Rhetoric … You can't effectively say that Donald Trump is vulgar, sensational, and buffoonish when it's exactly vulgar sensationalism and buffoonery that his audience is buying … Donald Trump, when he really gets going, hardly speaks in sentences anymore. He doesn't need to …. Whether we call him a Fascist or a right-wing d...Read More
www.metalsinvestorforum.comGwen Preston, editor of Resource Maven, and Eric Coffin, editor of The HRA Journal, discuss their top picks in this video. They discuss their predictions for the gold and uranium markets.Join Brent Cook of Exploration Insights, Eric Coffin of The HRA Journal, and Gwen Preston of Resource Maven at the Metals Investor Forum 2016 on Saturday, January 23rd 2016.When: Saturda...Read More
A more than twenty-five fold jump in investment in fewer than 10 years. That's how fast China is gaining control over Africa's mining industry. And Beijing's push is not ending any time soon. China General Nuclear Power Corporation's Husab uranium mine in Namibia. Source: Contractor's camp by Namspace.netChina's growing economy is thirsty for sustainable supplies of mineral resources. Despite bei...Read More
Co-President Kelvin Dushnisky (right) took over as president of the company in August, as the world's largest gold producer restructured management to boost efficiencies. (Image: Screenshot of a Barrick video, via YouTube)Canadian Barrick Gold (TSX, NYSE:ABX) announced Tuesday early results of its plan to buy back up to $1.15 billion of its own debt, as the Toronto-based miner continues to deleve...Read More
Oyu Tolgoi, a copper-gold mine in the South Gobi region of Mongolia, approximately 550 km south of the capital Ulaanbaatar, holds one of the largest undeveloped high-grade copper deposits in the world. (Image courtesy of Oyu Tolgoi LLC)Rio Tinto (ASX, LON:RIO) secured Tuesday a multi-billion agreement to finance a huge expansion of its giant Oyu Tolgoi copper-gold open pit mine in Mongolia and sa...Read More
The Canadian Mining Eye index declined 17% during Q3 2015, compared to a 4% gain in Q2 2015. The Canadian Mining Eye index underperformed the S&P/TSX Composite index which slipped 9% during the quarter. The London Metal Exchange index (LMEX) declined 9% over the quarter.The S&P/TSX Composite Metals and Mining index witnessed a significant plunge of 26% due to extremely bearish sentiment during the...Read More
Taking The Temperature Of The U.S. Economy. Is It Healthy? … Seven years ago, the Federal Reserve cut interest rates to zero. David Greene talks to David Wessel of the Hutchins Center at the Brookings Institution about what impact this has had on the economy. – NPRDominant Social Theme: After so much time at the zero bound it's time to hike.Free-Market Analysis: This transcript fro...Read More