Locals claim that pollution caused by bauxite mining has turned Malaysia's sea red. Photo by GERAM | CleanMalaysia.comKUALA LUMPUR, Feb 18 (Reuters) - The Malaysian government said it would not extend its moratorium on bauxite mining which ends on March 31 due to strong demand for the industry, state news agency Bernama reported on Monday, quoting the water, land and natural resources minister.Mal...Read More
Because of Moscow's support for Maduro, the international community and market analysts are closely watching the relationship of Russian oil companies with Venezuela. Read full newsRead More
the total amount is twice the amount the U.S. Treasury paid to bail out the auto industry during the last recessionRead full newsRead More
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If you enjoy stories like this one, please consider joining the Flathead Beacon Editor's Club. For as little as $5 per month, Editor's Club members support independent local journalism and...Read full newsRead More
If you enjoy stories like this one, please consider joining the Flathead Beacon Editor's Club. For as little as $5 per month, Editor's Club members support independent local journalism and...Read full newsRead More
At least 60 miners were in the two disused shafts when they were flood on Tuesday, according to the government.Read full newsRead More
A rebound in the oil sector in recent weeks has investors wondering which energy stocks might offer some attractive upside potential on an extended recovery.Let's take a look at Cenovus Energy (TSX:CVE)(NYSE:CVE) to see if it deserves to be on your buy list.Tough runFalling oil prices, pipeline bottlenecks, and some ill-timed management decisions have hammered Cenovus in recent years, resulting in...Read More
After overpromising and failing to deliver for almost a decade, intermediate gold miner Gran Colombia Gold Corp. (TSX:GCM) appears to finally have found its footing. Not only has it made substantial improvements to the operations of its flagship Segovia properties, but it has also bolstered its balance sheet and simplified its capital structure. Those positive developments saw Gran Colombia gain 4...Read More
Gold has been on a tear since late 2018, gaining over 3% for the year to date and buoying gold miners. The growing optimism surrounding the outlook for the yellow metal makes now the time for investors to bolster their exposure to gold. One intermediate gold miner that, according to some pundits, appears attractively valued is Yamana Gold (TSX:YRI)(NYSE:AUY).Intermediate miner focused on South Ame...Read More
When investors think of investing in gold they think of bullion, large established gold miners and precious metals streamers. While many of these can be worthwhile means of bolstering exposure to the yellow metal, it is the smaller junior miners and explorers that offer the potential to obtain outsized returns. Since the start of 2019, junior miner Lundin Gold Inc. (TSX:LUG) has soared by 17%. Reg...Read More
On January 31st, Amazon reported an expected "beat" for Q4 revenue and net income. After the headline report hit the tape, the stock soared $59 to $1777 from the closing price ($1718) minutes earlier. But then the stock began plunging. It closed the after-hours session at $1635, down $142 from the earnings headline spike and down $83 from the NYSE close. The Company guided Q1 revenues down below t...Read More
The exploration company handed over the keys to Red Rock Resources chairman Andrew Bell and investor Paul Johnson.Read More
You might remember this scene from the 1967 comedy-drama classic The Graduate:Mr. McGuire: I want to say one word to you. Just one word.Benjamin: Yes, sir.Mr. McGuire: Are you listening?Benjamin: Yes, I am.Mr. McGuire: Plastics.The first plastics were invented over 100 years ago. But it wasn't until WWII that plastics really became an important part of society.Up until that point, fabricators didn...Read More
Anaconda Mining Inc. (TSX: ANX, OTCQX: ANXGF) is a growing gold producer in Atlantic Canada. Anaconda Mining operates the Point Rousse Project, located in the Baie Verte Mining District in Newfoundland, and is also developing the Goldboro Gold Project in Nova Scotia, a high-grade Mineral Resource, subject to a 2018 preliminary economic assessment, which demonstrates strong project economics. We le...Read More
Murchison Minerals Ltd. (TSXV: MUR) is a Canadian based exploration company, focused on the exploration and development of the 100% owned Brabant-McKenzie zinc-copper project, located in north-central Saskatchewan, right next to the highway, an existing village, and power lines. We learned from Jean-Charles (JC) Potvin, President and CEO of Murchison Minerals, that they have just recently tripled...Read More
Mike Mooney, professer and Grewcock Chair of Underground Construction and Tunneling at Colorado School of Mines, was recently interviewed by NBC News Mach for a story about Norway's proposed "floating tunnel." The submerged roadway, along with new bridges and conventional tunnels, would connect the cities of Kristiansand in the south and Trondheim in the north -- a trip that currently requires som...Read More
After a tough 2018 for most junior resource companies, 2019 looks like the year that quality explorers break out.K2 Gold has the team, the share structure, and recently added Great Bear Resources' - also a Discovery Group company - CEO Chris Taylor as an advisor.CEO Steve Swatton explains why he's excited again and what to expect from K2 this year.To your wealth,Gerardo Del RealEditor, Junior Min...Read More
The past five years have been baffling for gold bugs. In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries' political systems - all of which should be great for safe haven assets - gold has spiked to around $1,350 four times, only to be smacked back down each time. Very demoralizing. And now it's gearing up for another try.I...Read More