The U.S. Environmental Protection Agency sent a letter to the Michigan Department of Environmental Quality saying it was objecting to the state's wetlands permit for the Back Forty open-pit mine, located in the southern part of Michigan's Upper Peninsula along the Menominee River.The zinc, copper and gold project is being proposed by Toronto-based Aquila Resources (TSX: AQA) and it contemplates mi...Read More
The U.S. Environmental Protection Agency sent a letter to the Michigan Department of Environmental Quality saying it was objecting to the state's wetlands permit for the Back Forty open-pit mine, located in the southern part of Michigan's Upper Peninsula along the Menominee River.The zinc, copper and gold project is being proposed by Toronto-based Aquila Resources (TSX: AQA) and it contemplates mi...Read More
The U.S. Commerce Department said it will begin accepting requests on Monday for product exclusions from President Donald Trump's new steel and aluminum import tariffs, but it could take up to 90 days for the agency to make determinations.In a notice published on Saturday on the Federal Register website, the Commerce Department said the effective date would be March 19 for its rules and procedures...Read More
German Chancellor Angela Merkel and Chinese President Xi Jinping discussed overcapacity in world steel markets and agreed on Saturday to work on solutions within the framework of the G20 group of industrialised nations, Merkel's spokesman said.In a telephone discussion, the two newly reelected leaders emphasised close ties between the two countries, both facing planned U.S. steel and aluminium tar...Read More
Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More
Federal and state regulators are entrusting a water pollution study at an abandoned South Dakota gold mine to a company that is potentially interested in reopening the mine.Read full newsRead More
DENVER - The U.S. Environmental Protection Agency says it has almost finished an overdue review of damage claims from the Gold King Mine spill that...Read full newsRead More
DENVER (AP) - The U.S. Environmental Protection Agency says it has almost finished an overdue review of damage claims from a Colorado mine waste spill that the agency accidentally triggered, but an internal agency accounting of those claims appears to be off by tens of millions of dollars.Read full newsRead More
SPEARFISH - The South Dakota Department of Environment and Natural Resources (DENR) announced Thursday that it reached an agreement with a mining company drilling exploration holes near the rim ofRead full newsRead More
Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More
Kratos offers a rare chance to get in close to the ground floor in the defense business.Read full newsRead More
Tim Sykes here, taking over from Nilus.When most people fantasize about being a millionaire, they think about the sexy parts.The hot cars...The cool house…Maybe even swimming through a pool of money, Scrooge McDuck-style...Don't worry: With time and effort, these things can be yours.But to get there... you're going to have to wade through some slightly less glamorous times and put in a lot o...Read More
The gold miners' stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners' recently-released Q4'17 results prove they are thriving. Their languishing stock prices are the result o...Read More
The price of oil has rallied more than 20% since the start of October, and copper spot prices are up more than 40% since mid-way through 2016.Following a very tough period, commodities are starting to rebound again, as the market adjusts to inflationary pressures and the U.S.'s new weak dollar policy.These five companies should outperform the broader markets if recent strength in metals and mining...Read More
The gold miners' stocks remain deeply out of favor, trading at prices seen when gold was half or even a quarter of current levels. So many traders assume this small contrarian sector must be really struggling fundamentally. But nothing could be farther from the truth! The major gold miners' recently-released Q4'17 results prove they are thriving. Their languishing stock prices are the result o...Read More
When you buy stocks in sectors and sub-sectors of the market, keep your goals in mind. If you're a conservative, income-seeking investor, focus on utilities, financial stocks and consumer stocks. If you're aggressive, buy more manufacturing stocks and resource stocks.As a general rule, we advise you to keep at least 10 per cent-but no more than 30 per cent-in each of the five main economic sectors...Read More
Via The Startup Societies Foundation“Everything that can be invented has been invented.”– Charles H. Duell, 1899“We will never make a 32 bit operating system.”– Bill Gates, 1989Do these quotes seem silly in retrospect? No doubt. However, there exists seemingly bulletproof wisdom of the ages that recent developments may end up overturning:“Financial advice?...Read More
Bill Miller was the former Chairman and Chief Investment Officer for Legg Mason Capital Management where he managed over 75 billion dollars. He has been called "The Greatest Money Manager of the Decade" by Morningstar, a member of the "Power 30" by SmartMoney, and a member of the "All-Century Investment Team" by Barron's. During the discussion, Mr. Miller talks about the current market conditions,...Read More
"Businesses that make money by collecting and selling detailed records of private lives were once plainly described as 'surveillance companies,'" Snowden tweeted.Continue...Read More
According to the latest available data, foreigners owned 48% of all Treasury debt. Although it's still high, the Wells Fargo economists note that it is down from 60% in 2008. Though following the implementation of trade tariffs it is very likely that this percentage of foreigners owning 48% of all Treasury debt will decline further because as stated before the central banks will get in less US dol...Read More