While the law lets citizens mine, sell and own riches mined in space, it does not grant sovereignty, ownership, exclusive rights or jurisdiction over any celestial body.
The company said it would announce a final decision on the matter early next year.
But when will the bear end?
New study says in a post-China boom world geological shortage becomes a stronger driver of prices than demand – and even coal will need new mines.
The 50/50 joint venture, momentarily named Project Corridor, is expected to help slash development costs as metal prices have dropped to multiyear lows.
Small-scale miners are being forced out at gunpoint or extorted to work for the armed groups that are taking over their operations. These gangs later sell the gold in the U.S., a report reveals.
The ongoing slump in copper prices spells trouble for Chile's mining industry, where most medium-sized producers are already unable to make a profit.
Learn about this, as well as mining's contributions to Manitoba in wealth and safety.
CHART: China fears see hedge funds enter unprecedented bearish position on major commodities including crude oil, gasoline, gold, copper, corn and wheat.
A recent decision by Peru’s government to require mining companies to carry out prior consultation with indigenous communities is set to further complicate the investment climate.
After five trying years, RAB Capital Founder and President Philip Richards sees the light at the end of the tunnel.
Doctor copper, can no longer be viewed as a leading indicator, in fact, a name change might be in order.
The US Dollar Index is nearing 100 yet again, but has not broken through.
Unless demand picks up or more miners cut output, prices for raw materials are set to stay low for years, or worse, continue to drop, the investment bank predicts.
Indian households sit on 20,000 tonnes and the Modi government's two-week old scheme to bring gold into the financial system looks like a spectacular flop.
A miserable $400 million down from a high of $4.6 billion in 2012.
The biggest drops were in the construction sector in Latin America (-41%) and in the resources industry in Asia (-37%).
With the announced cuts the diversified miner brings the total redundancies over the past 18 months to about 2,000.
Year to date gold is one of the better performers, but rhodium comes off worst.
After capping the worst stretch of losses ever, silver prices slipped again on Tuesday as analysts predicted more pain for metals markets.
Gold has experienced a brutal sell-off in the past two weeks, down nearly $100 in that timeframe.
Sales of excavators expected in China for entire 2015 is fewer than the total in March 2011 alone.
“These periods of deep despair are the necessary component, the necessary factor to turn a bear market into a bull market.”
If the US$ index makes a strong break above 100 it could trigger a final wave of liquidation in Gold and Silver.
Stock in Guatemala focused miner in double digit gain Friday as silver operations throw off cash and newly-acquired gold properties outperform.
Imperial began recording revenue from its Red Chris mine during the quarter after production commenced earlier in the year.
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