Recent News

Baja sued for $260 million in class action. Vancouver co is worth only $18 million, down 93% in 2012

July 27, 2012 / www.mining.com

Baja Mining (TSX:BAJ) dropped by almost a third on Friday after announcing that class action proceedings have been commenced against it for $260 million in damages for misrepresenting the true state of affairs at its Boleo project since 2010.Friday's complication is just the latest setback for Vancouver-based Baja which has now lost 93% of its value this year closing at 5 1/2 cents. It is now wort...Read More

Rio Tinto in talks to sell Diavik diamond mine to Harry Winston

July 27, 2012 / www.mining.com

A deal between Rio Tinto (NYSE:RIO) and Toronto-based jeweller Harry Winston Diamond (NYSE:HWD), which is looking to become the sole owner of the Diavik Mine, might be around the corner FT reported Friday (subscription required).The newspaper said the diamond retailer, which already owns 40% of Rio Tinto's Diavik mine, is in advanced talks with the third largest miner to acquire its 60% stake in t...Read More

Suparna Gold updates drilling assay results at Sara Creek concession

July 27, 2012 / www.mining.com

VANCOUVER, BRITISH COLUMBIA-(Marketwire - July 27, 2012) - Suparna Gold Corp. ("Suparna" or the "Company") (TSX VENTURE:SUG) is pleased to announce that all assay results for its 2,388 metres of the planned 5,000 metre diamond drill program on its Sara Creek Property located in Suriname, South America, have been received. Assays were completed by Filab Suriname and check assays are being completed...Read More

Pacific Rim Mining announces fiscal 2012 year end results

July 27, 2012 / www.mining.com

VANCOUVER, BRITISH COLUMBIA-(Marketwire - July 27, 2012) - Pacific Rim Mining Corp. ("Pacific Rim" or "the Company") (TSX:PMU)(OTCQX:PFRMF) reports its financial and operating results for the twelve months ended April 30, 2012. Details of the Company's financial results are provided in its audited annual consolidated financial statements and Management's Discussion and Analysis ("MD&A") that will...Read More

ECB Will Now Print Money Directly ... But Why?

July 27, 2012 / www.thedailybell.com

European equities rose and peripheral bond yields fell on Friday on growing expectations of ECB action to bring down Spanish and Italian borrowing costs, but concerns about possible German opposition to such a move kept risk appetite in check. Euro zone governments and the European Central Bank are preparing to intervene on financial markets, French daily Le Monde reported, citing unnamed sources....Read More

Half a Hit: Free Markets Need Competition Via Regulation

July 27, 2012 / www.thedailybell.com

Britain Unleashed: Why Britain needs Adam Smith more than ever ... Free markets didn't cause our current economic crisis, but a perversion of their core principles did. It wasn't for lack of regulation that banking came apart. Under Gordon Brown, a veritable army of box-ticking, officious regulators was created, ineffectually looking in the wrong direction while the peril grew, unobserved,...Read More

Douglas Hassall Promo - World War II - Recalls life in a Japanese POW camp

July 27, 2012 / www.youtube.com

Another Chelsea pensioner and a very different experience of the war to George Bayliss. We pick up the story en route to Singapore. Douglas isn't long in the country when it surrenders to the Japanese and he's taken in as a POW. It's heart breaking stuff as he recalls in graphic detail the hardships of life in a camp.For more videos like this, visit our website http://www.legasee.org.ukRead More

Investing in Silver: States Support Move to Metals as Dollar Weakens

July 27, 2012 / moneymorning.com

Investingin silver and gold has become more attractive since the U.S. dollar just doesn't havethe clout it once did. Fearsover where the dollar is headed - especially with continued money printing fromthe central bank - has pushed safety-seekers into investing in silver and gold.Demand has also pushed gold and silver prices to newhighs. Theidea of using gold and silver as an alternative currency h...Read More

Andr Gaumond | Restauration de sites

July 27, 2012 / www.youtube.com

L'environnement est au cur des proccupations de l'industrie minire. C'est pour cette raison que plusieurs entreprises ont dcid, depuis 2007, de mettre l'paule la roue pour nettoyer des sites abandonns, au Nunavik.Prsident de Mines Virginia, Andr Gaumond nous raconte pourquoi lui et d'autres acteurs de l'industrie ont dcid de mettre sur pied et de s'engager dans le projet du Fonds Restor-Action Nu...Read More

The Great American Swindle

July 27, 2012 / investmentresearchdynamics.com

Facebook is turning out to be the poster child for everything that iscorrupt on Wall Street. From fraudulent representation of financialsto the fleecing of widows and orphans. - Dave in Denver, May 22, 2012After posting its first earnings report as a full-blown public company, Facebook stock is down over 14% from last night's close as I write this. It hit a new low of $22.28 earlier. From IPO...Read More

Net income down? Agnico-Eagle isn't worried

July 26, 2012 / www.mining.com

Despite a drop in net income, from $68.9 million last Q2 to this year's $43.4, the miner saw an increase in revenue, gold production and, as a result, a pleasant 8.5% rise in stock price.Agnico-Eagle mines reported their net income for the first six months of 2012 was $121.8 million ($0.71 per share), an increase from 2011's net income of $114.1 million ($0.68 per share).The company, which has rec...Read More

New Mine Safety Centre at the University of Utah

July 26, 2012 / www.mining.com

The University of Utah created a new Center for Mining Safety and Health Excellence to help those who depend on the mining industry, university President David Pershing announced."The center will display the university's abilities to innovate, collaborate and help solve real, challenging problems that have a profound effect on people working in the mining industry, their communities and economies...Read More

Australian miners seek a wealth of opportunities in a new Myanmar

July 26, 2012 / www.mining.com

Australian exploration and mining firms are readying themselves for forays into Myanmar following the end of decades of military rule and the country's opening up to foreign investment. Junior mining exploration companies from Australia dominated the list of foreign firms seeking opportunities at the inaugural Myanmar Mining Summit held in Yangon this week. The Summit attracted 300 participants...Read More

Hecla Mining could scupper U.S. Silver/RX Gold & Silver merger with all-cash bid

July 26, 2012 / www.mining.com

Hecla Mining Company (NYSE:HL) has made an all-cash offer for U.S. Silver Corporation (TSX-V:USA) in a bid to scupper its proposed merger with RX Gold & Silver (TSX-V:RXE). According to Hecla it approached the U.S. Silver board of directors with the offer on July 23, 2012, which prices the company at CDN$1.80 per common share. Hecla will execute the purchase via an indirect, wholly-owned subsidi...Read More

Her Majesty's Tax Collector Tells Children to Snitch

July 26, 2012 / www.thedailybell.com

HMRC tells school children: Tell your teacher if a neighbour is evading tax School children are being encouraged by HM Revenue and Customs to tell their teachers if they know of anyone "in their local area" who is not paying their fair share of tax. ' UK TelegraphDominant Social Theme: Paying lots of taxes is a social responsibility.Free-Market Analysis: According to the Daily Telegraph, the Briti...Read More

Expansion of Directed History: Now UN General Assembly to Act on Syrian Overthrow

July 26, 2012 / www.thedailybell.com

Arab nations to push UN General Assembly for resolution on Syria ... After the UN Security Council failed to pass a resolution to pressure Assad last week, Arab nations have decided to push for one by the General Assembly. The United Nations Security Council votes to adopt a resolution Friday, extending the mandate for unarmed monitors to remain in Syria for a final period of 30 days unless violen...Read More

Rockler's Excelsior 5-Speed Mini Lathe

July 26, 2012 / www.youtube.com

http://www.newwoodworker.com/reviews/...The full review has lots of photos and details such as pricing.Read More

Introduction to Fire Alarm Systems 1

July 26, 2012 / www.youtube.com

I'm explaining how fire alarm systems work for new technicians or other employees who deal with these systems. This is my first video in a string of many Khan Academy-styled lessons. This video introduces the basic concepts involved in the initiating circuits on a conventional fire alarm panel.Read More

Geraldine learns the /ck/ spelling

July 26, 2012 / www.youtube.com

Watch UK school teacher Mr Thorne and Youtube sensation Geraldine the Giraffe take you on a learning journey through the world of phonics, grammar, spelling and punctuation, learning letters and sounds along the way. SUBSCRIBE to our channel https://www.youtube.com/user/breakthr... Collect a copy of Geraldine the Giraffe's storybook from Amazon ... http://www.amazon.co.uk/dp/0993006949 Media Enqui...Read More

Obamacare Brings Mega Growth To These Three Sectors

July 26, 2012 / moneymorning.com

Get ready...In the next 18 months, the PatientProtection and Affordable Care Act - known informally as Obamacare - is going tocompletely overhaul the American healthcare system. And investors who aren't properlypositioned for what's coming could miss one of the biggest profit opportunitiesof the decade. "While almosteveryone is hung up on the law itself and its economic sustainability," says Money...Read More