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Michael Allan McCrae
About
Michael McCrae is executive editor of MINING.com. Before coming to InfoMine, Michael worked as a reporter and editor for newspapers throughout British Columbia. He has written for the Vancouver Sun, Prince Rupert Daily News and others. He also worked in pre-sales for various software firms and banks.
Recent Articles
One million dollar diamond to be auctioned in Vancouver
Posted on February 22, 2012
An emerald cut diamond valued between $900,000 and $1 million is set to be auctioned in Vancouver on Sunday at the Sutton Place Hotel.
Chinese coal miners discover a 300 million-year-old forest preserved in a layer of ash
Posted on February 21, 2012
Chinese coal miners discovered a botanical Pompeii, a 298 million year old forest well-preserved in ash from a sudden volcanic eruption.
Just how tricky is the Greek bond deal?
Posted on February 17, 2012
To avoid Greece defaulting and exiting the Euro, European Central Bank officials have been trying to square a circle. They are funding a bankrupt country, avoiding expansionary monetary policy that the Germans hate and trying to avoid crippling haircuts to holders of Greek debt.
Detour Gold completes C$277 million bought deal financing
Posted on February 14, 2012
Detour Gold Corporation (TSX:DGC) (“Detour Gold” or the “Company”) is pleased to announce that it has completed its previously announced bought deal public offering of common shares. In addition to the 8,600,000 common shares the underwriters initially agreed to purchase, the underwriters, led by BMO Capital Markets and CIBC, purchased all of the 1,290,000 common shares available for issuance pursuant to the exercise of their over-allotment option.
60 Minutes looks at India’s gold obsession
Posted on February 13, 2012
This week’s 60 Minutes examines why gold has become so important to India and what significance it plays in weddings and rituals. And story like this lends itself to some pretty good visuals.
China is buying lots of copper but not because it needs it
Posted on February 13, 2012
Gordon G. Chang, gloomy prognosticator on China, digs into trade numbers on copper and believes the Chinese are buying copper to gussy up their trade deficit numbers, rather than having a real need for the metal.
Living under the gold standard was not the good ol’ days
Posted on February 13, 2012
Keepers of the influential blog Econbrowser revisited some reasons why a return to the gold standard might not be a good idea after presidential aspirant, New Gingrich, said last week that he would set up a commission to investigate the idea.
Greece passes austerity package despite widespread protests; gold mostly flat
Posted on February 12, 2012
Greek Parliament voted 200 for and 74 against to pass tough austerity measures in return for a bailout and keep Greece in the Euro.
Chinese miner buys a $25 million stake in Malaysian iron ore mines
Posted on February 12, 2012
Chinese miner, Prosperity Minerals (PMHL.L), announced on Monday a US$25 million investment in Malaysian iron ore mines.
Labour-saving robotic packhorse is also a nightmare
Posted on February 12, 2012
Resembling a headless horse with two inward legs, a robotic transport system named AlphaDog is expected to be complete this year.
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Editor’s Pick
Education - Latest News
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Improved Education System in South Africa Needed to Take Advantage of Mineral Opportunities
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Josh Fischman: Does Engineering Education have to Change to Stem the Dropout Rate?
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South Africa develops Qualification for Health and Safety Advisor
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Rio Tinto bets on future of automated mining
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High school grads crush teacher salaries with +$50K/yr mining jobs
