CLICK HERE FOR MINING.COM'S UPDATED TOP 50 MINING COMPANIES RANKING PwC's latest report into the performance of the world's 40 largest mining companies shows just what a watershed year 2015 was.The management consultants' Mine 2015 report shows the top 40 companies suffering their first collective net loss in history ($27 billion), a decline in collective market capitalization of 37% (to below...Read More
Panama City, June 14, 2016 - The main threat to progress in Latin America and the Caribbean is the relapse of millions of families back into poverty. The economic slowdown is part of the story, but not the only cause of such a setback, says the United Nations Development Programme's (UNDP) Human Development Report (HDR) for Latin America and the Caribbean, launched with more than 60 congressperson...Read More
Ancient miners lacked modern tools, which means that important amounts of gold, silver and other valuable minerals are very likely to still lie beneath the surface, including a few unknown to them such as platinum and palladium. (Image via Pixabay)Egypt's ancient gold mines are guiding modern miners towards a vast amount of minerals deposits, worth hundreds of billions of dollars, the country is...Read More
Ancient miners lacked modern tools, which means that important amounts of gold, silver and other valuable minerals are very likely to still lie beneath the surface, including a few unknown to them such as platinum and palladium. (Image via Pixabay)Egypt's ancient gold mines are guiding modern miners towards a vast amount of minerals deposits, worth hundreds of billions of dollars, the country is...Read More
This is an explanation of Plato's Allegory of the Cave as found in his Republic.Special Thanks to the following for their musical contribution:Silent Partner."Grass". https://youtu.be/VlohuOGWzG8"Atlantean Twilight" Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0http://creativecommons.org/licenses/b...https://youtu.be/OcLFNzMfRs8 SOLO ACOUSTIC GUITAR by Jason Sh...Read More
3 Reasons Why Silver Will Rally Higher ... Like Warren Buffett, I have a disdain for gold as an investment but remain attracted to silver. For many investors, this appears hypocritical given that both are precious metals with closely correlated prices. However, silver, unlike gold, has considerable utility. It's widely used in a range of industrial processes, thereby giving it the characteristic...Read More
Trump revokes Post press credentials, calling the paper 'dishonest' and 'phony' ... Why did Donald Trump revoke The Post's media credentials? ... Donald Trump said Monday that he is pulling The Washington Post's credentials to cover his events because he is upset with the newspaper's coverage of his campaign. -WashingtonPostDonald Trump is probably justified in revoking the Post's credentials....Read More
3 Reasons Why Silver Will Rally Higher ... Like Warren Buffett, I have a disdain for gold as an investment but remain attracted to silver. For many investors, this appears hypocritical given that both are precious metals with closely correlated prices. However, silver, unlike gold, has considerable utility. It's widely used in a range of industrial processes, thereby giving it the characteristic...Read More
Trump revokes Post press credentials, calling the paper 'dishonest' and 'phony' ... Why did Donald Trump revoke The Post's media credentials? ... Donald Trump said Monday that he is pulling The Washington Post's credentials to cover his events because he is upset with the newspaper's coverage of his campaign. -WashingtonPostDonald Trump is probably justified in revoking the Post's credentials....Read More
After three years of steep declines, investors in the mining and metals finally caught a break in 2016.In his weekly report Frank Holmes of US Global Investors includes a chart that shows just how well investors in the sector are faring by highlighting the 10 best performing industries for the year: "Interestingly enough, metals and mining companies, particularly those involved in the gold space...Read More
Shares in Rio Tinto-controlled Turquoise Hill Resources (TSE, NYSE:TRQ) soared Monday on reports that the mining giant had hired Goldman Sachs as an adviser to look at a two-step wrap-up of the Vancouver-based firm.Rio wants to increase its stake in Turquoise Hill to 51% and have the rest of the Canadian firm acquired by single strategic buyer or consortium. The stock was up 12.5% to Cdn$4.14 in...Read More
Large mining companies are selling off some of their prized assets after the prolonged global commodities markets rout left some with high levels of debt.Anglo American, Glencore and Freeport have been at the forefront of those companies cutting debt, but BHP Billiton and Rio Tinto have also been looking to rationalize their assets while signaling an interest in acquisitions.Shares in mining firms...Read More
Joseph Grosso is Executive Chairman, CEO & President of a leading junior mining firm in Argentina, Golden Arrow Resources. He has successfully formed strategic alliances and negotiated with mining industry majors such as Barrick, Teck, Newmont, Viceroy (now Yamana Gold) and Vale S.A., and government officials at all levels. Mr. Grosso’s specialty is financing, negotiations, corporate an...Read More
Donald Trump’s scaremongering response to Orlando shooting is the opposite of what America needs ... The gunning down of dozens of party-goers in a gay club in Florida showed, he wrote, that he had been ‘right on radical Islamic terrorism’. He thanked followers for ‘the congrats’. Appreciate the congrats for being right on radical Islamic terrorism, I don̵...Read More
The memory of the use of the first nuclear bomb that brought the second great global inferno to an end continues to weigh on the collective consciousness despite the passing of more than 71 years since the tragic military intervention that obliterated the civilian population ... Because of their massive destructive power, nuclear weapons represent a huge contradiction that surrounds the power of i...Read More
Astronaut takes first step inside International Space Station’s inflatable ‘spare room’ ... Bigelow Aerospace developed the first-of-its-kind habitat as part of an $18 million contract with Nasa. The company has an eye on eventually using its inflatable technology to build hotels in space. -TelegraphAccording to NASA, this "flexible habitat" is a model of something the astrona...Read More
Joseph Grosso is Executive Chairman, CEO & President of a leading junior mining firm in Argentina, Golden Arrow Resources. He has successfully formed strategic alliances and negotiated with mining industry majors such as Barrick, Teck, Newmont, Viceroy (now Yamana Gold) and Vale S.A., and government officials at all levels. Mr. Grosso’s specialty is financing, negotiations, corporate an...Read More
Donald Trump’s scaremongering response to Orlando shooting is the opposite of what America needs ... The gunning down of dozens of party-goers in a gay club in Florida showed, he wrote, that he had been ‘right on radical Islamic terrorism’. He thanked followers for ‘the congrats’. Appreciate the congrats for being right on radical Islamic terrorism, I don̵...Read More
The memory of the use of the first nuclear bomb that brought the second great global inferno to an end continues to weigh on the collective consciousness despite the passing of more than 71 years since the tragic military intervention that obliterated the civilian population ... Because of their massive destructive power, nuclear weapons represent a huge contradiction that surrounds the power of i...Read More
Astronaut takes first step inside International Space Station’s inflatable ‘spare room’ ... Bigelow Aerospace developed the first-of-its-kind habitat as part of an $18 million contract with Nasa. The company has an eye on eventually using its inflatable technology to build hotels in space. -TelegraphAccording to NASA, this "flexible habitat" is a model of something the astrona...Read More