How Hillary Clinton’s historic win changes the game for girls ... So many girls for so long were told — overtly and subtly — what they could and could not be ... Regardless of party persuasion, Hillary Clinton’s victory is the definition of historic: She became the first female presidential nominee of a major political party. -CNNPortions of the mainstream media are celebra...Read More
Under fire from Republicans, Trump says he’ll stop talking about judge ... Bowing to pressure from fellow Republicans, Donald Trump said on Tuesday he would no longer talk about a Mexican-American judge after U.S. House Speaker Paul Ryan denounced the presidential candidate’s criticism of the jurist as textbook racism. -ReutersTrump's recent decision not to pursue his charges of bias a...Read More
Reports: North Korea Recycling Plutonium to Make Nuclear Bombs ... An unnamed U.S. official has confirmed to Reuters that evidence indicates North Korea has begun to once again produce plutonium fuel, a key ingredient in nuclear weapons. North Korea's communist government appears to be reprocessing plutonium that has spent its radioactive energy in use at the Yongbyon nuclear facility. The rehabil...Read More
Antarctica to remain permanently off-limits to mining ... Antarctica will remain completely off limits for mining in the future. That was the unanimous decision reached on Wednesday by all 29 nations party to the Antarctic Treaty, the main international governing mechanism for the continent. The resolution, lauded by NGOs, dispels any doubts or false rumors that the status quo might change after 2...Read More
Uranium is the ultimate contrarian investment and the most hated commodity because of it's use in nuclear power, but recently environmental groups have gotten behind nuclear power. Nuclear power is 20% of US power overall. The constant power generation and the ability to store power make nuclear the backbone of the electricity grid. The uranium market could be at a turning point, as all the classi...Read More
According to a new study of private capital in the resources sector from industry tracker Preqin investment firms now have $400 billion assets under management after 10 years of uninterrupted growth.Of this $239 billion represent unrealized value with the remaining $161 billion so-called dry-powder capital ready to invest.2015 could be the first year since 2004 in which positive net capital...Read More
In New York trade on Wednesday copper for delivery in July bounced back after customs data from top consumer China showed imports of the red metal remain strong.In midday New York trade July copper, the most active contract, exchanged hands for $2.0605 a pound ($4,588 a tonne) up slightly following yesterday's steep decline that pushed the price into negative territory for the year.China is respon...Read More
The cost of mining gold for the world's top producers dropped more than 7% in the first three months of the year as most companies ignored the metal price's spike and continued efforts to straighten out their books, a new report shows.According to data compiled by SNL Metals & Mining, the top 17 publicly listed gold companies that reported all-in sustaining costs (AISC) produced the metal at a w...Read More
Afghanistan has deployed security forces to ensure that insurgents fighting to overthrow the government do not benefit from illegal mining of lapis lazuli, the semi-precious blue stone once coveted by Egyptian pharaohs.Illegal extraction of lapis lazuli and other minerals is fuelling the rise of the Taliban in a once peaceful corner of the country.The move comes only a few days after anti-corrupt...Read More
Carrapateena in South Australia is shaping up as a major copper-gold project. In a statement last month, the proponent (OZ Minerals) made clear its commitment to the project. The ore-production rate is to be increased over what was previously planned; work on a decline will commence next month (mining will be underground); and final processing will take place at Whyalla, a regional city approxima...Read More
The copper price was hammered down on Tuesday as a rise in warehouse stocks convinced traders that end-demand in China has not materially improved despite Beijing's economic stimulus.In late New York trade July copper, the most active contract, fell 3.4% exchanging hands for $2.0450 a pound ($4,508 a tonne), more than wiping out Friday's rebound and pushing the metal back into the red for 201...Read More
The World Bank is downgrading its 2016 global growth forecast to 2.4% from the already sluggish 2.9% pace projected in January.According to the latest update by the institution, exporting emerging market and developing economies have struggled to adapt to lower prices for oil and other key commodities, and this accounts for half of the downward revision.Growth in these economies is projected to ad...Read More
Central Africa Republic will be allowed to resume diamond exports after a three-year ban that tried preventing armed groups from financing one of the bloodiest conflicts the region has seen in recent years by illegally selling local gems.The partial lifting of the export ban follows a deal between CAR's government and producers brokered by the United Arab Emirates last March. It will initially ap...Read More
Some of China's resource companies feel they have been misled by investment-seeking Canadian governments about just how difficult it is to establish successful mines in Canada, Ottawa's ambassador to Beijing has warned.That sour note may help to explain declines in Chinese investment in Canada in favour of the United States, and serves as a backdrop to recent diplomatic jousting between the two c...Read More
John Williams explains why he believes the dramatic decline of the U.S. Dollar will be the primary cause for hyperinflation and gives he view on owing gold.Walter J. "John" Williams has been a private consulting economist and a specialist in government economic reporting for more than 30 years. His economic consultancy is called Shadow Government Statistics (shadowstats.com). His early work in eco...Read More
We have Hillary all wrong: Americans hate a politician of the press' imagination. To her detractors, she’s either a bloodless automaton or the devil incarnate. Is it any wonder that she’s guarded? -SalonThis article posted at Salon suggests that much of the criticism aimed at Hillary occurs because she is not a man.As best we can tell, if we are properly following the article, Hillary'...Read More
‘Take that order and throw it the hell out’: Trump reportedly rails against campaign staff for telling surrogates to stop attacking judge ... Donald Trump advised prominent campaign surrogates to go after journalists who ask questions about a Trump University lawsuit and encouraged them to defend him against criticism of his comments about the US district judge presiding over the case....Read More
‘Irritation and anger’ may lead to Brexit, says influential psychologist ... British voters are succumbing to impulsive gut feelings and irrational reflexes in the Brexit campaign with little regard for the enormous consequences down the road, the world’s most influential psychologist has warned. Daniel Kahneman, the Israeli Nobel laureate and father of behavioural economics,...Read More
3 Signs of a Recession Janet Yellen Is Ignoring ... The Fed Chair's upbeat speech glossed over key warning signs. Federal Reserve Chair Janet Yellen was upbeat on Monday in a speech at The World Affairs Council, where she largely dismissed the negative implications of Friday's jobs report, which showed that the U.S. economy added just 38,000 new jobs, the worst monthly reading in nearly six years....Read More
We have Hillary all wrong: Americans hate a politician of the press' imagination. To her detractors, she’s either a bloodless automaton or the devil incarnate. Is it any wonder that she’s guarded? -SalonThis article posted at Salon suggests that much of the criticism aimed at Hillary occurs because she is not a man.As best we can tell, if we are properly following the article, Hillary'...Read More