Together with Ecuador's Ministry of Mines, Canadian Lundin Gold (TSE:LUG) officially inaugurated two tunnels at its Fruta del Norte gold-silver project, located in the southeastern province of Zamora Chinchipe. The tunnels were named Kuri, which means gold in the Indigenous language Shuar, and K'isa, which means fruit in Quechua.Following the completion of soft tunneling in December 2017, mine dev...Read More
While Elon Musk and Tesla fight to dominate the lithium battery-powered vehicle market, Hyundai is still placing bets on hydrogen.The South Korean carmaker unveiled its latest generation of hydrogen fuel cell EVs (FCEVs), called the Nexo, at CES in Las Vegas this week. The Nexo is Hyundai's latest evolution of its ix35 FCEV, which first began very limited production in 2013.The Nexo is one of the...Read More
President Donald Trump said he wishes the United States would tap hydroelectric power. It already generates about 6.5 percent of U.S. power.Read full newsRead More
Supporting coal makes no sense, but nuclear power should stay in the picture.Read full newsRead More
Ed Hammond is joined by Matt Monks to discuss the latest merger trends in America's power and utility industry after Dominion Energy agreed a $14.6 billion takeover of South Carolina electricity supplier Scana Corp. The two also look at why so many power companies have been sold in the latest merger boom, and how local politics can dictate the terms of even the largest deals in the sector. Finally...Read More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
Venezuela's opposition-run parliament on Tuesday outlawed aRead full newsRead More
Iran has the capability to increase its enrichment of uranium, the country's atomic energy agency has said, noting that Tehran will perform the "necessary actions" if the US re-imposes sanctions on the country's oil exports.Read full newsRead More
Sarah Sanders' statement came after President Trump warned over the weekend that the U.S. would be watching 'very closely' for human rights...Read full newsRead More
Trump is being urged by some top advisers to waive sanctions on Iran by a Friday deadline, but privately he is expressing reluctance to do so.Read full newsRead More
Until and unless the urban middle classes and the poor join in common cause-as they did in 1979-there will be no revolution.Read full newsRead More
11th of January 2018: Leading mining-software solutions provider MICROMINE will preview its latest major product releases, Geobank 2018 and Micromine 2018, at Mining Indaba 2018, to be held at the Cape Town International Convention Centre from 5 to 8 February.MICROMINE is the leading provider of innovative software solutions spanning the entire mining cycle from geological exploration and data man...Read More
CloseGain/LossGold $1317.40+$3.40Silver$16.98-$0.02XAU86.07+1.32%HUI194.29+1.04%GDM650.01+0.39%JSE Gold1313.06+26.39USD92.32-0.19Euro119.57+0.18Yen89.79+0.91Oil$63.57+$0.6110-Year2.552%+0.004T-Bond150.03125-0.1875Dow25369.13-0.07%Nasdaq7153.57-0.14%S&P2748.23-0.11% The Metals: Gold fell $5.50 to $1308.50 in early Asian trade before it jumped up to as high as $1327.10 at about 6AM EST and the...Read More
- Gold at all time in eight major emerging market currencies- A stronger performance than seen when priced in USD, EUR or GBP- As world steps away from US dollar hegemony expect new gold highs in $, EUR and ?- Gold is a hedge against currency debasement and depreciation of fiat currenciesEditor: Mark O'ByrneSource: allstarcharts.com h/t @DominicFrisbyWhen we talk about the gold price we all...Read More
Global gold-backed exchange-traded fund holdings rose 8.4 percent in 2017, the latest data from the World Gold Council shows.Read full newsRead More
Klondex Mines Ltd. (KDX:TSX) announced this week the immediate reduction of underground mining operations and workforce at its True North mine, located about 165 kilometres northeast of Winnipeg, in the Canadian province of Manitoba.Although Klondex had big hopes for the 43,000-hectare complex when it acquired it in January 2016, the mine didn't make as much money as it was supposed to in 2017. Pr...Read More
Hundreds of demonstrators extended their protests this week outside Iran's notorious Evin Prison, demanding information about about loved ones detained -- without being charged -- since ongoing anti-government protests erupted almost two weeks ago.Read full newsRead More
Mr. John BurzynskireportsOSISKO MINING INC. FILES EARLY WARNING REPORT IN RESPECT OF BEAUFIELD RESOURCES INC.Osisko Mining Inc. has filed an early warning report in respect of its holdings in Beaufield Resources Inc. The corporation, through its wholly owned subsidiary O3 Investments Inc., acquired beneficial ownership of, or control and direction over, 16,923,500 common shares of Beaufield by way...Read More
FTSE 100 closes at new highRBS gains on Morgan Stanley upgradeTaylor Wimpey shares decline after trading updateUK manufacturing data surprises to the upside FTSE 100 closed at a new record high on Wednesday, bolstered by the banking sector, and a weaker pound.The UK's top tier index closed the day over 17 points ahead at 7,748 with RBS (LON:RBS) the biggest gainer, up 4.60% to 293.40p after a...Read More
Falco Resources Ltd. (TSX VENTURE: FPC) ('Falco' or the 'Company') is pleased to provide the following update on its development of the Horne 5 Project (the 'Project'), exploration and corporate activities.Read full newsRead More