The US mining industry is asking the Supreme Court to revoke an Obama-era rule banning the mining of uranium on public lands nearby the Grand Canyon.The National Mining Association (NMA) and the American Exploration and Mining Association (AEMA) filed petitions on Friday asking the court to reverse the 2012 ban implemented by the previous administration as uranium prices soared and a flurry of n...Read More
The US mining industry is asking the Supreme Court to revoke an Obama-era rule banning the mining of uranium on public lands nearby the Grand Canyon.The National Mining Association (NMA) and the American Exploration and Mining Association (AEMA) filed petitions on Friday asking the court to reverse the 2012 ban implemented by the previous administration as uranium prices soared and a flurry of n...Read More
Last week's other top-gaining TSXV-listed mining stocks were Meridian Mining, DLV Resources, Inter-Rock Minerals and Red Eagle Exploration.Read full newsRead More
There's a strange thing about the fear going through the global mining industry after the Democratic Republic of Congo signed an order to lift royalties last week: Compared with most other countries, these levies are still relatively low.The existing 2 percent rate on copper extraction compares with royalties five times that level in Chile and Peru, the two biggest producers.Even at the new 3.5...Read More
There's a strange thing about the fear going through the global mining industry after the Democratic Republic of Congo signed an order to lift royalties last week: Compared with most other countries, these levies are still relatively low.The existing 2 percent rate on copper extraction compares with royalties five times that level in Chile and Peru, the two biggest producers.Even at the new 3.5...Read More
Three words the mining industry never likes to hear - tailings dam breach. Fortunately for Newcrest, its incident won't draw the same awful headlines as BHP.Read full newsRead More
Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren't too happy about it.Read full newsRead More
By Rhiannon Hoyle SYDNEY--Newcrest Mining Ltd. (NCM.AU) said it expects to downgrade annual production and cost targets after suspending its Cadia gold operation in eastern Australia because par...Read full newsRead More
Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, International Business Machines, US Dollar Index Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN Index continued its hard won rebound from the February sell-off. As trading began, it soon found support at the 20-day moving average (1264 area) where it consolidated a few days before lifting up and through its 50-day moving average (1278) to close at 1281.15. In...Read More
The VIX may not be sending an all-clear sign for the markets, according to Jeffrey Gundlach.The markets are at an “important crossroads,” Gundlach, the billionaire bond manager who is chief executive officer of DoubleLine Capital, said in the Twitter message late Friday. But he also asked, is the “genie back in the bottle? I’m skeptical.”The Cboe Volatility Index...Read More
Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
The small contrarian gold-mining sector remains deeply out of favor, universally ignored. Thus the gold stocks are largely drifting listlessly, totally devoid of excitement. But that's the best time to buy low, when few others care. The gold stocks continue to form strong technical bases, paving the way for massive mean-reversion uplegs. And they remain exceedingly cheap relative to gold prices,...Read More
The small contrarian gold-mining sector remains deeply out of favor, universally ignored. Thus the gold stocks are largely drifting listlessly, totally devoid of excitement. But that's the best time to buy low, when few others care. The gold stocks continue to form strong technical bases, paving the way for massive mean-reversion uplegs. And they remain exceedingly cheap relative to gold prices,...Read More
PETERBOROUGH, Ontario--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Energy Canada Inc. (BWXT NEC) has been awarded a CA$168 million, five-year contract extension to manufacture fuel for Ontario Power Generation's (OPG) Darlington and Pickering nuclear generating stations. The deal extends BWXT NEC's current fuel manufacturing arrangement with...Read More
Energy Fuels Inc (TSE:EFR, NYSE:UUUU) became the largest uranium producer in the United States in 2017, it told investors, posting revenues for the year of US$31mln (2016: US$54.5mln).The net loss was US$27.9mln, narrowed from a loss of US$39.8mln the previous year.READ - Energy Fuels set for operations expansion in Utah after La Sal Complex approvalGross profit for what the firm said was another...Read More
An Industrial Way Forward Agreement signed on 10 March by the CEOs of EDF and Nuclear Power Corporation of India Ltd (NPCIL) sets out the industrial framework and planned timetable for the implementation of six EPR reactors at Jaitapur, as well as the roles and responsibilities of the partners.Emmanuel Macron and Narendra Modi, pictured during their joint press statement on 10 March (Image: Prime...Read More
Base metals prices on the London Metal Exchange were lower across the board at the close on Monday March 12, with overhead selling pressure weakening prices.Lead plummeted 2.7% today as it hit a fresh 2018-low of $2,311 per tonne - the metal failed to hold onto the gains it registered on Friday and lacks significant support. "[Lead] has struggled ever since the 2018-high at $2,685 per tonne due to...Read More
A collaboration between the Massachusetts Institute of Technology (MIT) and private company Commonwealth Fusion Systems (CFS) is aiming for the rapid commercialisation of nuclear fusion energy, with support from Italian energy company Eni.A visualisation of the SPARC tokamak (Image: Ken Filar, PSFC)The MIT-CFS collaboration aims to build a compact device capable of generating 100 MW of fusion powe...Read More