USA

Extremely rare mineral found in 1.2-billion-year-old meteorite impact in Scotland

Cecilia Jamasmie | September 1, 2015
Extremely rare mineral found in 1.2-billion-year-old meteorite impact in Scotland

The finding is more than double the age of the previous oldest known occurrence of reidite, believed to have formed about 450 million years ago.

Visual Capitalist

INFOGRAPHIC: 33 fascinating facts on U.S. currency

Visual Capitalist | September 3, 2015

Did you know that the U.S. Bureau of Engraving and Printing makes $696 million of new currency each day?

Freeport lays off 650, slows operations at Chile's El Abra mine

Reuters | September 3, 2015

The Arizona-based mining company also said it is partially suspending operations at the complex until mid-September, as it cuts mining rates in half.

Keith Schaefer picks the companies you will want to own if the conservatives win in Canada

The Energy Report | September 1, 2015

Keith Schaefer outlines the sectors that will profit first from a reversal in oil and gas prices, and what he is doing to position his readers for success.

Spanish police arrest American-Belgian man on ‘blood diamond’ charges

Cecilia Jamasmie | August 31, 2015
Spanish police arrest American-Belgian man on ‘blood diamond’ charges

The 64-year-old American-Belgian citizen has become the first businessman ever arrested for suspected involvement in the illegal trade of “blood” diamonds.

Asarco plans layoffs after Freeport cuts, copper industry downturn

Arizona Central | August 31, 2015

Tucson-based Asarco said Friday it plans to shut down a concentrator plant in Hayden and slow production at a mine in Ray.

Suppliers feel pain as coal miners struggle

Wall Street Journal Online | August 31, 2015

Thousands of firms scramble for new customers in the US: ‘it’s been catastrophic’

Jayant Bhandari presents arbitrage opportunities for you to pounce on

The Gold Report | August 31, 2015
Gold industry injected $171bn into global economy in 2013

Bhandari shares arbitrage opportunities he's stalking and some company stories with management teams that he thinks are close to perfect.

Peter Schiff: Stimulus overdose to kill the economy, but not the stock market

Palisade Radio | August 31, 2015
market shutterstock 333

Peter Schiff thinks the Fed has finally reached the end of the rope and the so called recovery is about to come to an end.

China’s Zijin hands $298 million to partner Barrick Gold

Cecilia Jamasmie | August 31, 2015
China’s Zijin hands $298 million to partner Barrick Gold

The cash injection comes from selling half of its interest in the Porgera mining operation to the Chinese group last May.

Canadian diamond cutter to work on Esperanza gemstone

The Star Phoenix | August 27, 2015

A Saskatchewan craftsman is preparing to cut "Esperanza," one of the finest diamonds ever unearthed in Arkansas.

Freeport-McMoRan cuts spending, production and jobs: shares soar

Cecilia Jamasmie | August 27, 2015
Freeport-McMoRan cuts spending, production and jobs: shares soar

The miner has responded to deteriorating market conditions by slashing spending and cutting jobs, mostly at its North American operations.

Why a Fed rate hike could be a blessing for gold prices: Brien Lundin

The Gold Report | August 27, 2015
bank finance

Like a true contrarian, Gold Newsletter publisher Brien Lundin looks beyond the headlines to understand what is really moving precious metals prices.

US company to begin recovering rare earths from old electronics

Cecilia Jamasmie | August 26, 2015
US company to begin recovering rare earths from old electronics

U.S. Rare Earths Inc. will apply a new method that assists in the recycling, recovery and extraction process of the coveted elemenst, used as ingredients in magnets, batteries, catalytic converters and high-tech products

Cecilia Jamasmie

EPA under fire for failing to comply with mine spill probe

Cecilia Jamasmie | August 26, 2015
EPA under fire for failing to comply with mine spill probe

The Congress-led investigation aims to determine the agency’s role in triggering a 3-million-gallon toxic spill into Colorado’s Animas River on Aug. 5.

Molycorp shuts down Mountain Pass rare earth plant

Cecilia Jamasmie | August 26, 2015
Molycorp shuts down Mountain Pass rare earth plant

The former superstar of rare earths mining said it has decided to put the California facility on "care and maintenance" mode by Oct. 20 due to weak prices.

Canada, Australia, US, Chile and Mexico, the top destinations for mining investors

Cecilia Jamasmie | August 25, 2015
Canada, Australia, US, Chile and Mexico, the top destinations for mining investors

Despite current adverse conditions, advisory firm Behre Dolbear is recommending mining stakeholders to focus on markets that have been able to ride the wave relatively well so far.

Anatomy of the Gold King Mine Spill – Was it Caused by an Ice Plug?

Arizona Daily Independent | August 25, 2015

These are the events that lead to the EPA-triggered massive spill at the Gold King mine.

Vancouver's NexGen Energy begins trading on OTCQX market

OTC Markets Group Inc. | August 25, 2015

OTC Markets Group Inc. today announced NexGen Energy Ltd. a uranium exploration and development company, has qualified to trade on the OTCQX® Best Market.

Peter Schiff - Euro Pacific Capital

The Fed is spooking the markets not China

Gold price: Reasons not to fear the Fed

Fasten your seat belts, this ride is getting interesting.

China fresh sell-off sends commodities, markets to the pits

Cecilia Jamasmie | August 24, 2015
China fresh sell-off sends commodities, markets to the pits

The US has suspended the futures market on the Nasdaq index, as panicking traders have driven it down 5% — the maximum allowed under Wall Street rules.

Canadian oil sands producer ready to begin digging pits in the US

Cecilia Jamasmie | August 21, 2015
Canada-owned oil sands producer ready to begin digging pits in the US

Beginning this fall, the company will start digging the first in a series of pits, each the size of a football stadium, in Utah, about 265km (165 miles) from Salt Lake City.

Most Canada oil sands crude being produced at a loss — report

Reuters | August 20, 2015

More than three-quarters of Canada's daily output of 2.2 million barrels of crude from oil sands is being produced at a loss at current prices, research from analysts at TD Securities shows, although producers are unlikely to halt operations.

Metso to shut mining equipment plant in Pennsylvania next year

Cecilia Jamasmie | August 20, 2015
Metso to shut mining equipment plant in Pennsylvania next year

The closure, part of a major business restructuring, will affect about 80 people currently employed at the plant.

These are the US top coal basins

SNL Energy | August 20, 2015

SNL Energy Research analyzes the top coal basins in select regions amid predictions of further pain for the global coal industry, including mine closures, liquidations and bankruptcies.

Oilprice.com

What's really at stake with the Iran nuclear deal

Oilprice.com | August 20, 2015

Iran's nuclear deal is about much more than the price per gallon. What the U.S. and its allies are trying to accomplish is no less than the reversal of political hostilities that have marginalized Iran for over thirty years and fueled hostility across the region.

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