CEO David Cates explains how the growth of the uranium mining sector is related to the future of nuclear energy. Learn more ...Read More
New Jersey Mining Company explores and develops gold, silver, and base metals properties in the Coeur d'Alene mining district of northern Idaho. Junior mining stock specialist Mike Kachanovsky says this is a bargain stock with a case for growth and a management strategy to unlock its value.Value investing never goes out of style. I am always willing to consider a company when I can pay less than a...Read More
The Supreme Court of Peru has ruled in favour of a farmer that Newmont Mining (NYSE:NEM) claimed was illegally occupying land it wanted to develop into the Conga mine.The U.S.-based gold miner appealed a decision by a lower court in 2014 that ruled in favour of potato farmer M??xima Acu??a.Community opposition to the $5 billion copper and gold project forced Newmont to walk away from it last y...Read More
Two coal miners have died and more than 50 remain trapped after an explosion in a mine located in Iran's northern Golestan province.Speaking to Press TV, the English-language arm of Iranian state television, the head of the provincial Red Crescent, Hossein Ahmadi, said there were 26 people trapped. Sadegh Ali Moghadam, the provincial director general of disaster management, provided a similar fig...Read More
The Philippines Congress forced Natural Resources Secretary Regina Lopez from her job Wednesday following mounting complaints from pro-mining groups hurt by her several measures aimed at decreasing the extraction of riches in the country to reduce environmental damage.The lawmakers' move comes only days after she toughened up her already hard-core stance on mining by banning open-pit operations.Du...Read More
Shares in gold miner Centamin (TSX:CEE) (LON:CEY) fell more than 5% Wednesday after the company reported pre-tax profit for the first quarter that was 20% lower than the same period last year due to an output decline.The Egypt-based miner said gold production for the quarter fell to 109,187 ounces in the three months to March 31, down 13% year-on-year, although it said the results were in line wi...Read More
(Adds U.S. stock futures, updates prices)* Main European markets dip in early trade* Drops in iPhone, U.S. auto sales weigh ahead of jobs data* Fed statement eyed for signal of June rate hike* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Patrick GrahamLONDON, May 3 (Reuters) - Falls in iPhone and U.S. car sales helped beat European stock markets back from 20-month highs on Wednesday...Read More
* Main European markets dip in early trade* Drops in iPhone, U.S. auto sales weigh ahead of jobs data* Fed statement eyed for signal of June rate hike* Graphic: World FX rates in 2017 http://tmsnrt.rs/2egbfVhBy Patrick GrahamLONDON, May 3 (Reuters) - European stock markets retreated from 20-month highs and the dollar inched up on Wednesday as investors pondered the chances of another rise in U.S....Read More
(Adds company news, futures)May 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 13 points lower on Wednesday, according to financial bookmakers, with futures FFIc1 down 0.10 percent ahead of the cash market open.* BREXIT: Britain will not be paying 100 billion euros to leave the European Union, Brexit minister David Davis said on Wednesday after the Financial Times reported that the E...Read More
Investing.com - Gold prices struggled near the prior session's three-week lows in European morning trade on Wednesday, as market players looked ahead to the outcome of the Federal Reserve's policy meeting for further clues on the timing of the next rate hike.Comex gold futures lost around $1.00, or less than 0.1%, to $1,256.10 a troy ounce by 2:55AM ET (06:55GMT). Meanwhile, spot gold was at $1,25...Read More
May 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 13 points lower on Wednesday, according to financial bookmakers.* BARCLAYS: Barclays BARC.L Chief Executive Jes Staley is involved in a dispute with private equity firm KKR & Co KKR.N, which is a client of the bank, the Wall Street Journal reported on Tuesday. EVRAZ: Evraz Plc EVRE.L , Russia's No. 2 steelmaker, signed an agreeme...Read More
Should free speech cover criticizing the government? That is kind of the whole point, right?An Oregon man is suing Portland for violating his first amendment right to free speech after he was fined $500 for calculating how long yellow lights stay yellow and then speaking publicly about it.Free speech? No. The city considers making and disseminating calculations about public works “engineerin...Read More
Should free speech cover criticizing the government? That is kind of the whole point, right?An Oregon man is suing Portland for violating his first amendment right to free speech after he was fined $500 for calculating how long yellow lights stay yellow and then speaking publicly about it.Free speech? No. The city considers making and disseminating calculations about public works “engineerin...Read More
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Darci gives Dawn an insight into the world of ventriloquism?-? SUBSCRIBE FOR MORE : http://bit.ly/LittleBigShotsUK?-? WATCH MORE GLOBAL TALENT: http://bit.ly/BestLittleBigShots?-? BE ON LITTLE BIG SHOTS : http://bit.ly/BeOnLBSLittle Big Shots is all about showing you some of the funniest and most talented children you'll ever meet from all over the world. But this isn't a competition, we're not he...Read More
Africa's mining potential is not longer the main attraction for foreign capitals wanting to invest in the continent, a study published Wednesday shows.According to the latest "Africa Attractiveness" report by EY, the mining sector, including industrial and precious metals, coal, oil, as well as natural gas, collectively accounted for just 6.2% of foreign direct investment (FDI) that landed in Af...Read More
An autonomous region of Papua New Guinea has lifted a ban on mining that has been in place since 1971 - but it will not allow the restart of the controversial Panguna copper mine which has been the source of deadly internal strife.The mining ban on the island of Bougainville did not include the Panguna mine, which opened in 1972 and was majority-owned by Rio Tinto (LON:RIO). The mine was operated...Read More
(Adds comment from Freeport, paragraph 6)TIMIKA, Indonesia, May 1 (Reuters) - Thousands of workers from the Indonesian unit of Freeport McMoRan Inc FCX.N staged a rally near its Papua mine on Monday, a union leader said, protesting against layoffs by the miner due to a contract dispute with the government.The union representing a third of the 32,000 workforce sent a notice to Freeport on Monday th...Read More