USA

Goldcorp takes $36 million writedown on Mexican mine

Cecilia Jamasmie | October 30, 2014
Goldcorp takes $36 million writedown on Mexican mine

Value of low-grade ore stockpile at the Peñasquito mine dropped, raising average costs by $64/oz. and negatively affecting adjusted earnings by $0.04/share.

Barrick boosts ties with China, names Woo Lee as regional leader

Cecilia Jamasmie | October 30, 2014
Barrick boosts ties with China, names Woo Lee as regional leader

Woo served as a U.S. State Department representative in Asia for about 15 years with postings in countries including China, Japan and Australia.

INFOGRAPHIC: trends in global trade for 2015

Visual Capitalist | October 29, 2014
Global Trade

Mobile e-commerce and payment solutions have been in the trough of disillusionment for awhile now, at least within the context of technology hype.

Nickel price jumps again – Chinese stocks gone by April

Frik Els | October 29, 2014
Nickel price jumps again – Chinese port stocks gone by April

After a brutal two-month sell-off, the nickel price is recovering as Chinese port stocks are depleted and global stainless steel output picks up.

Space miner loses first satellite in rocket explosion

Cecilia Jamasmie | October 29, 2014
Space miner loses first satellite on rocket explosion

The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.

Why Matt Badiali says Hillary Clinton could be remembered as one of the best Presidents ever

The Mining Report | October 29, 2014
hillary_clinton

Cheap oil prices and the economic prosperity they bring can make politicians and investors look smarter than they are.

The end of QE and the price of gold

Bob Kirtley - Gold-Prices.biz | October 28, 2014

The programme known as Quantitative Easing is due to be halted at the end of October, coinciding with the next meeting of the Federal Open Market Committee which is scheduled for 28/29 October 2014.

Russia pushes forward plans to mine the moon

Cecilia Jamasmie | October 28, 2014
Russia is seriously advancing plans to mine the moon

The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.

Vancouver junior surges after Nevada gold, silver intercepts

Frik Els | October 28, 2014
Vancouver junior surges after Nevada gold, silver intercepts

Corvus Gold announces most significant drill results in terms of grading and width at 100%-owned North Bullfrog project 200km northwest of Las Vegas.

Freeport-McMoRan's profit down 32% amid lower copper, gold prices

Cecilia Jamasmie | October 28, 2014
Freeport-McMoRan's profit down 32% amid lower copper, gold prices

The U.S. largest miner by market value and revenue is also dealing with a strike threat at its Indonesia's Grasberg copper and gold mine, which recently resumed operations.

CHARTS: This is how much gold miners really put into their host countries

Cecilia Jamasmie | October 27, 2014
This is how much gold miners really put in their host countries

Members of the World Gold Council spent last year a total of $47 billion in countries hosting their mining operations.

World Diamond Council names Patricia Syvrud as Executive Director

World Diamond Council | October 27, 2014
WDC2

The World Diamond Council (WDC) has named Patricia Syvrud, founder and president of Joia Consulting, LLC, as its first Executive Director, effective October 31, 2014.

BHP to sell US shale assets, limit annual capex to $14 billion

Cecilia Jamasmie | October 27, 2014
BHP to sell US shale assets, limit annual capex to $14 billion

The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.

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.

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