USA

Kinder Morgan wins battle over pipeline expansion in Canada

Cecilia Jamasmie | October 24, 2014
Canada’s Kinder Morgan wins battle over pipeline expansion

The National Energy Board said Kinder Morgan can conduct survey work at Burnaby Mountain, despite opposition from the city.

Potash Corp remains confident of market outlook despite weak prices

Cecilia Jamasmie | October 24, 2014
Potash Corp remains confident of market outlook despite weak prices

The company is approaching the end of a decade-long, US$8.3-billion investment program to boost its potash production capacity.

SNL Energy: Illinois nuclear plants in jeopardy

SNL Energy | October 24, 2014
Nuclear power plant

Exelon nuke closures would take a bite out of Illinois baseload power.

Barrick Gold Corp. Invests in Southern Nevada through Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ Campaign

Recently, Barrick Gold Corp. invested in the Las Vegas Global Economic Alliance’s ‘Engage Southern Nevada’ investment campaign, which launched last year and is a three-year undertaking to raise $7.5 million for regional economic development. Thanks to companies such as Barrick Gold, the endeavor is continuing to gain momentum.

Gold falls as stock markets firm and physical demand wanes

Reuters | October 23, 2014
Year to the day of $200 shocker, another strange gold price plunge

Gold fell on Thursday as stronger-than-expected economic data and upbeat corporate results lifted stocks in Europe and the United States.

Boart Longyear gets $352m financial bail out

Cecilia Jamasmie | October 23, 2014
Boart Longyear gets $352m financial bail out

Saved by the bell.

Rio’s Walsh gets big backing from shareholders, to stay longer as CEO

Cecilia Jamasmie | October 23, 2014
Rio’s Walsh gets big backing from shareholders, to stay longer as CEO

The move is seen by analysts as an attempt to strengthen the firm’s image.

Caterpillar posts strong results despite poor mining sales

Cecilia Jamasmie | October 23, 2014
Caterpillar posts strong results despite poor mining sales

The equipment maker beat analysts' expectations and the stock is skyrocketing in premarket trading.

Low oil prices hurting U.S. shale operations

Oilprice.com | October 22, 2014
shale_oil_field

Slumping oil prices are putting pressure on U.S. drillers.

The rare earth mine-to-market strategy and the underlying motives

Rockstone Resources | October 22, 2014

As our prior series of articles endeavoured to convey, the rare earth space is complicated with many facets that need to be evaluated to properly assess the quality of a development project (mineralogy/metallurgy, grade/tonnage, rare earth element (REE) distribution, economics, infrastructure, jurisdiction, etc.).

Frank Holmes - U.S. Global Investors

New jobs data: America off the mat, ready for the next round

First round to First Quantum

The recession hit us hard, but like any iron-willed prizefighter, we rose off the mat, ready for the next round.

Caterpillar global sales down 10% in September

Cecilia Jamasmie | October 22, 2014
Caterpillar global sales down 10% in September

The equipment maker is scheduled to report third-quarter earnings Thursday.

Massive gold nugget for sale in California

Cecilia Jamasmie | October 22, 2014
Massive gold nugget for sale in California

It's expected to fetch in the $400,000 range.

INFOGRAPHIC: Here is why you should buy $100 worth of gold and silver

MoneyMetals.com | October 22, 2014
INFOGRAPHIC: Here is why you should buy $100 worth of gold and silver

Most people have the sense that the dollar isn’t worth what it used to be, but they may not grasp what this means in real terms.

Citibank acquires Deutsche commodities trading book

Cecilia Jamasmie | October 21, 2014
Citibank acquires Deutsche commodities trading book

Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.

China sets tougher restrictions on illegal mining, exporting of rare earths

Cecilia Jamasmie | October 20, 2014
China sets tougher restrictions on illegal mining, exporting of rare earths

Beijing has launched a five-month campaign that aims to finally crackdown on illegal extraction and smuggling of the coveted elements.

TECO Energy sells coal subsidiary for $170 million

Cecilia Jamasmie | October 20, 2014
TECO Energy sells coal subsidiary for $170 million

The sale price includes future payments of $50 million if certain coal benchmark prices reach specified levels over the next five years.

Peabody swings to loss as coal prices plunge

Cecilia Jamasmie | October 20, 2014
Peabody swings to loss as coal prices plunge

While coal sales have shown some signs of a rebound, low natural-gas prices continue to pressure the fossil fuel demand and pricing.

CHART: Gold price vs dollar shows true extent of rally

Frik Els | October 17, 2014
CHART: Gold price vs dollar shows true extent of rally

Based on past performance of the gold price relative to trade-weighted dollar index, gold should be touching $1,000 an ounce now.

Gold benefits from market uncertainty

GoldMoney | October 17, 2014
Resource market in good shape feat

After a prolonged period of low volatility as funds invested in ever-greater risk, markets have snapped and volatility has jumped.

Cliffs the newest victim of iron ore price slump: to take $6bn charge

Cecilia Jamasmie | October 17, 2014
Cliffs the newest victim of iron ore price slump: to take $6bn charge

The miner said the move was driven by its revised pricing outlook and adverse market conditions.

Three ways to play uranium: Dundee's David Talbot names his top draft picks

The Energy Report | October 16, 2014
Uranium price building on gains

Talbot explains the turbulent currents roiling the uranium space, and names eight players he thinks are positioned just right.

Peter Schiff - Euro Pacific Capital

Governments need inflation, economies don't

In an article in the UK's Telegraph on October 10, veteran economic correspondent Ambrose Evans-Pritchard laid bare the essential truth of the nearly universal current embrace of inflation as an economic panacea.

BHP bows to pressure, to list spinoff in London

Cecilia Jamasmie | October 16, 2014
BHP bows to pressure, to list spinoff in London

The mining giant has made a sharp U-turn on its initial decision to snub a London listing for its $17 billion spinoff.

Newmont’s Conga mine could remain halted until 2018

Cecilia Jamasmie | October 15, 2014
Newmont’s Conga mine could remain halted until 2018

The future of the proposed $5 billion Conga copper and gold project in Peru remains in limbo as its main opponent was recently re-elected governor of the region where the project is situated.

Australia, Brazil to control 90% of global iron ore trade by 2020

Cecilia Jamasmie | October 15, 2014
Australia, Brazil to control 90% of global iron ore trade by 2020

Despite iron ore prices touching rock bottom, the top three producers have no plans to slowdown production. Quite the contrary.

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