Saudi Wahhabi dilemma in spotlight after Paris attack … Saudi Arabia's harsh religious tradition is seen by many outsiders – and some Saudi liberals – as a root cause of the international jihadist threat that has inflamed the Middle East for years and struck in Paris last week. However, while Riyadh has cracked down hard on jihadists at home, jailing thousands, stopping hundr...Read More
Since May, the metal has lost around 25% of its value, due to the increasing strength of the US dollar and weaning demand in China.Copper prices extended losses on Tuesday, hitting a fresh six-year low as the terror attacks in Paris added to concerns about the global economy that have caused a month-long selloff.On Tuesday morning, the red metal dropped to below $4,600 per tonne on the London Meta...Read More
The next time a mining company decides against dry-stacking as a too-costly alternative to tailings ponds, its directors and shareholders may want to consider what a tailings pond breach could cost companies like Imperial Metals Corp. (TSX:III) or BHP Billiton Ltd. (NYSE:BHP).Up until November 5, the August 4, 2014, tailings pond failure at Imperial's Mount Polley copper mine had been the worst su...Read More
US Fed likely to tighten before year end … The US Federal Reserve is on track to raise rates before year end, with a pick-up in economic activity and positive dialogue emerging from the central bank – Investor DailyDominant Social Theme: The economy is booming. Hike, hike, hike. It's all we can do.Free-market Analysis: The tightening talk is picking up. Principal Global Investors m...Read More
France identifies Paris attacks mastermind, seeks coalition to fight ISIS … France identified a 27-year-old Belgian who once boasted about killing "infidels" and fought for the Islamic State group in Syria as the mastermind of the Paris attacks, and President Francois Hollande vowed Monday to forge a united coalition capable of defeating the jihadists at home and abroad. – Ch...Read More
US Fed likely to tighten before year end … The US Federal Reserve is on track to raise rates before year end, with a pick-up in economic activity and positive dialogue emerging from the central bank – Investor DailyDominant Social Theme: The economy is booming. Hike, hike, hike. It's all we can do.Free-market Analysis: The tightening talk is picking up. Principal Global Investors m...Read More
France identifies Paris attacks mastermind, seeks coalition to fight ISIS … France identified a 27-year-old Belgian who once boasted about killing "infidels" and fought for the Islamic State group in Syria as the mastermind of the Paris attacks, and President Francois Hollande vowed Monday to forge a united coalition capable of defeating the jihadists at home and abroad. – Ch...Read More
Quick bite with New York Times best-selling author Joel Fuhrman, M.D., who has specialized in nutritional medicine for 25 years, on the danger of taking medications.Read More
Shares in top gold miner Barrick Gold (NYSE:ABX, TSE:ABX) added more than 1% on Monday, making the most of gold breaking its fall to trade just above five year lows around $1,180 an ounce at the start of the week. It was revealed in filings to the US Securities and Exchange Commission on Monday that Soros Fund Management, a company founded by legendary hedge fund billionaire George Soros, had liqu...Read More
LAGOS, Nigeria, November 16, 2015/ - CSR-in-Action, Nigeria's premier business and ethical networking platform and consultancy for sustainability, has announced plans to host governments, captains of industry, experts and investors in the country's capital, Abuja, to stimulate meaningful exchange of ideas on how to unlock over $100bn potential in the extractive industries within the next four ye...Read More
More images from Ag??ncia Brasil FotografiasVale (NYSE:VALE) said on Monday that it would take several years for Brazil's Doce river to recover following a deadly tailings dam burst at an iron ore mine it jointly owns with BHP Billiton (LON:BHP, ASX:BHP).In an update Friday, BHP revealed that mine tailings-a mix of water, iron and other waste materials such as silica - extended 440 kilometres...Read More
With revenues of $50 billion a year and operations at the ends of the earth, few companies are in a better position to take the pulse of the global economy and the resource sector in particular than Caterpillar.The world's number one heavy equipment manufacturer has been hit hard by the decline in mining and construction - sales are down more than $15 billion from its peak just four years ago and...Read More
Krause and his team, which includes archaeobotanists and a large number of students from Goethe University, have been researching in the area for 15 years. (Image courtesy of Dr. R? 1/4 diger Krause)German researchers have detected traces of mining activity in Central Europe dating back to the Bronze Age, which resumed later in the early Middle Ages.Using the C14 method, which classifies the age o...Read More
Paris attacks: Islamic State claims responsibility, French president Francois Hollande calls it 'act of war' … In a statement posted online, IS said the attacks were a response to France's campaign against its fighters and insults against Islam's prophet. It said "eight brothers wearing explosive belts and carrying assault rifles" conducted a "blessed attack on...Read More
Catalonia rejects pro-secession leader for 2nd time … Regional Catalan lawmakers are debating whether to re-elect acting regional President Artur Mas, leader of a secessionist alliance promising to break away from Spain and form a new Mediterranean nation by mid-2017. Spain's Constitutional Court on Wednesday ordered the secession resolution temporarily suspended and warned Mas and his a...Read More
Paris attacks: Islamic State claims responsibility, French president Francois Hollande calls it 'act of war' … In a statement posted online, IS said the attacks were a response to France's campaign against its fighters and insults against Islam's prophet. It said "eight brothers wearing explosive belts and carrying assault rifles" conducted a "blessed attack on...Read More
Catalonia rejects pro-secession leader for 2nd time … Regional Catalan lawmakers are debating whether to re-elect acting regional President Artur Mas, leader of a secessionist alliance promising to break away from Spain and form a new Mediterranean nation by mid-2017. Spain's Constitutional Court on Wednesday ordered the secession resolution temporarily suspended and warned Mas and his a...Read More
The August 2014 tailings pond breach at Imperial Metal's Mount Polley mine has cost the company over $60 million to dateImperial Metals (TSX:III) had revenue of $56 million in 2015's third quarter, more than double the $23 million reported in the same period last year, the company announced November 12.Imperial began recording revenue from its Red Chris mine during the quarter after production com...Read More
Seemingly minor regulation has enormous consequences: NCPAA small statute in the Dodd-Frank Wall Street Reform and Protection Act is wreaking havoc in the Congo, according to a new report by National Center for Policy Analysis Senior Fellow David Grantham."Buried deep within the massive regulatory package is a conflict minerals statute that orders publicly-owned U.S. businesses to disclose to the...Read More
State Investigates Why Cops Killed Idaho Rancher Who Was Trying to Put Down a Bull … Idaho State Police and the Idaho Attorney General's Office are investigating the puzzling shooting of 62-year-old rancher Jack Yantis by Adams County sheriff's deputies on November 1. The shooting followed a traffic accident in which one of Yantis' bulls was injured, but it remains unclear exactl...Read More