http://www.mining.com/Argentina's national government is pressing ahead with its intentions to make of mining one of the pillars of job creation, and it's holding talks with the leaders of the three provinces that declined to sign a 2017 mining act, which harmonizes taxes and regulations in hopes of attracting investment.Mining secretary, Daniel Meil??n, told local paper El Diario that the governm...Read More
Self-destruction usually happens in stages. At first there's a binge in which the thrill outweighs the sense of transgression. This is usually followed by remorse, acknowledgement of risks, and an attempt to reform. But straight-and-narrow is exhausting, and because of this is frequently just temporary, eventually giving way to a kind of capitulation in which the addict drops even the pretense of...Read More
Back in 1960, representatives from five countries met in Baghdad and changed the world.Their goal was simple: to coordinate and unify petroleum policies among member countries in order to secure fair and stable prices for petroleum producers.Together, they formed what we know today as OPEC.The five founding members of OPEC - Iran, Saudi Arabia, Kuwait, Iraq, and Venezuela - were among the largest...Read More
Parenting for Freedom article series: This is the sixth in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.The best reason to have kidsThis is my final article in a series about how parents can apply principles of freedom to raising the...Read More
Parenting for Freedom article series: This is the sixth in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.The best reason to have kidsThis is my final article in a series about how parents can apply principles of freedom to raising the...Read More
Dow Jones closes up 0.16% or 39.18 points at 24,640.45Indices lifted by heavyweights like Amazon, AppleMarket still cautious ahead of CPI data Stocks managed to edge slightly highly, boosted by heavyweights - Amazon.com, Apple Inc, and Goldman Sachs Group Inc. as the market remained wary of the January inflation data that are due for release on Wednesday.The Dow Jones Industrial Average close...Read More
CloseGain/LossGold $1329.30+$8.00Silver$16.57+$0.05XAU81.06-0.03%HUI180.45UNCHGDM615.81+0.37%JSE Gold1170.31+51.97USD89.69-0.45Euro123.51+0.59Yen92.78+0.76Oil$59.19-$0.1010-Year2.829%-0.028T-Bond144.75+0.34375Dow24640.45+0.16%Nasdaq7013.51+0.45%S&P2662.94+0.26% The Metals: Gold gained $9.40 to $1330.70 in London before it fell back to $1322.90 in early New York trade, but it then rallied b...Read More
- Gold has outperformed equities and bonds over the long term - PwC Research- Gold is up 6.7% and 6.8% per annum over 10 and 20 year periods; Stocks and bonds returned less than 5.2% respectively over same period (see PwC table)- From 1971 to 2016 (45 years), "gold real returns were approximately 10% while inflation increased 4%"- Gold also valuable due to lack of correlation and hedge against...Read More
FTSE 100 closes down 9.05 pointsUK Jan inflation comes in higher-than-expectedTUI shares jump after earningsMiners cling onto gains CloseThe FTSE 100 closed slightly down, after a choppy session, taking its lead from the stronger pound, which was boosted by the stronger-than-expected January inflation data - reaching close to its highest level in nearly six years.The FTSE 100 eased 0.13%...Read More
Golden Predator Mining Corp. (TSXV:GPY) (the "Company" or "Golden Predator") is pleased to announce that it has completed its previously announced overnight marketed offering, including a partial exercise of the underwriter's over-allotment option (the "Offering").Read full newsRead More
Giant batteries charged by renewable energy are beginning to nibble away at a large market: The power plants that generate extra surges of electricity during peak hours.Read full newsRead More
John W Barr, executive chairman of Mosman Oil And Gas Limited (LON:MSMN), tells Proactive they produced 3,558 barrels of oil in the four months to January from its Welch project in Texas.Cash flow from the project was also positive over the period.At the Arkoma project in Oklahoma, initial oil and gas production rates from the Union Valley zone the Arkoma Stacked Pay project (12%), indicate that i...Read More
Canyon Copper Corp. (TSXV:CNC) is pleased to announce the Company has received a Surface Exploration Permit granted by the Saskatchewan Ministry of the Environment for a diamond drilling program on Canyon's Bootleg Lake project located near Creighton, Saskatchewan, Canada, five kilometres southwest of the city of Flin Flon, Manitoba.Read full newsRead More
"This is a big scandal and a reason for an acute international crisis," Frolov said. "But Russia will pretend nothing happened."Read full newsRead More
Botswana Diamonds PLC (LON:BOD) said it has kicked off its first half exploration programme with Russian diamond miner and explorer Alrosa PJSC, pushing its shares up 7% to 1.18p.The programme will focus on previously identified geophysical targets in the Central Kalahari Game Reserve with the aim of turning them into drill targets.It will use soil samples and magnetic surveys to supplement the ai...Read More
Spearmint Resources'(TSXV:SRJ) is pleased to announce that it has engaged Harris Exploration Drilling and Associates Inc 'Harris' to drill the Clayton Valley Lithium Prospect. Harris Drilling has extensive experience drilling in the Clayton Valley lithium clays and brines.Read full newsRead More
Colin Patterson, chief executive of Bluebird Merchant Ventures (LON:BMV) introduces Proactive to their mine development projects in South Korea.Paterson says the flagship Gubong mine has all the hallmarks of being a company maker for them - the 'jewel in the crown' as he describes it.''It has 120 kilometres of underground development ... it's the second biggest gold mine in Korea''. Meet Med...Read More
Paul Gazzard, non-executive director at Amur Minerals Corp (LON:AMC), tells Proactive they've agreed a US$10mln convertible loan facility with a consortium of investors arranged by Riverfort Global Capital.The convertible loan consists of three advances with the initial advance of US$4 million to be drawn down by the company on 14 February. Meet Medusa Mining, Cora Gold, Group Eleven Resourc...Read More
Mick Billing, chairman of Thor Mining PLC (LON:THR) tells Proactive the Kapunda copper project in South Australia, in which they've got a significant interest, is now estimated to contain 119,000 tonnes of copper.The new inferred resource, commissioned by Environmental Copper Recovery SA Pty Ltd and by Terramin Australia (ASX:TZN) relates to the part of the resource that is recoverable by way of i...Read More
(Bloomberg) - Robert Mugabe's fall as Zimbabwe president is setting the scene for the return of a London mining listing for Andrew Groves and his long-term business partner - and former England cricketer - Phil Edmonds.Groves is preparing to relist the pair's Zimbabwe coal, chrome and gold assets in London through the reverse takeover of a cash shell, or dormant company. He sees the ascent to the...Read More