USA

Joy Global beats forecasts, but sees 2015 as another challenging year

Cecilia Jamasmie | December 17, 2014
Joy Global beats forecasts, but sees 2015 as another challenging year

The Milwaukee-based equipment maker warns weak commodity prices and falling industry investment in new machinery will live on.

Coeur Mining acquires Paramount Gold and Silver for $146 million

Cecilia Jamasmie | December 17, 2014
Coeur Mining acquires Paramount Gold and Silver for $146 million

As part of the agreement, Paramount will spin off its non-Mexican assets into a standalone publicly listed company— Paramount Nevada Gold Corp.

Minnesota dumps potash into lake to kill zebra mussels

Cecilia Jamasmie | December 16, 2014
Minnesota dumps potash into lake to kill zebra mussels

Zebra mussels reproduce quickly and can disrupt the food chain, clog water pipes and create algae.

Grown Diamonds Offer an Eco-friendly Diamond Alternate, Finds Frost & Sullivan

Frost & Sullivan | December 16, 2014

Environmental impact remains a challenge for diamond industry; grown diamonds represent a long term solution

Peter Schiff - Euro Pacific Capital

Black gold loses glitter

The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector investments.

BP-Husky new Canadian oil sands project begins operations

Cecilia Jamasmie | December 12, 2014
BP-Husky new Canadian oil sands project begin operations

The Sunrise Phase 1 oil sands project is expected to have initial capacity of 60,000 barrels per day.

Major miner 'Divesting' out of China – CEO explains Eldorado's move

Sprott's Thoughts | December 11, 2014
china dragon gold

It is planning to partially divest itself of its Chinese assets, placing them into a new company listed in China, and partially owned by new Chinese investors.

BHP moves away from iron ore to focus on new darling: copper

Cecilia Jamasmie | December 11, 2014
BHP moves way from iron ore to focus on new darling: copper

Forget iron ore for now, the world’s largest mining company is making a bold bet on copper.

Miners in Guatemala to pay ten times more royalties

Cecilia Jamasmie | December 10, 2014
Miners in Guatemala to pay ten times more royalties

President Otto Perez Molina has approved a new rule passed by the Congress last week, which rises taxes to transnational miners operating in the country from 1% to 10%.

Kinsley Mountain delivers again for Pilot Gold and Nevada Sunrise

Frik Els | December 9, 2014
Kinsley Mountain delivers again for Pilot Gold and Nevada Sunrise

Vancouver junior joint venture partners' stock jump after latest set of drilling results from Nevada property.

Obama’s ’Colbert’ show appearance no laughing matter for Canada’s oil patch

Canadian Press | December 9, 2014

In the Monday night episode of “The Colbert Report,” the joke was on Canada’s oil industry. That’s because the featured guest appeared to take a dig at the industry’s long-awaited, long-delayed Keystone XL pipeline project.

Richard Duncan, ex-world bank economist: capitalism died in World War I

Sprott's Thoughts | December 7, 2014

The economic boom that we experienced in the 20th century came about thanks to generous government spending and high deficits. Capitalism ‘died’ decades ago, he says, but don’t mourn its loss.

US mining can't find workers fast enough

Frik Els | December 5, 2014
US mining can't find workers fast enough

More than 36% of the jobs in mining and logging stay open for longer than three months.

Sandvik relocates global equipment unit to India and China

Cecilia Jamasmie | December 5, 2014
Sandvik relocates global equipment unit to India and China

The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.

Commodities and the dollar

GoldMoney | December 5, 2014

Whatever is happening in each individual commodity and in each individual currency the common factor is the US dollar.

Jeffrey Nichols: paper gold bears losing grip on price

Frik Els | December 4, 2014
Jeffrey Nichols: paper gold bears losing grip on price

Physical buyers numbering millions are setting up a sustainable long-term gold price upswing in the face of a small group of speculators.

New signs gold and silver are returning as monetary assets

MoneyMetals.com | December 4, 2014

Much to the chagrin of the financial elite, gold and silver are re-entering the American consciousness and starting to shake the wing nutty image of their recent past.

Rio, BHP very close to develop U.S. largest copper mine

Cecilia Jamasmie | December 4, 2014
Rio, BHP very close to develop U.S. largest copper mine

Arizona’s lawmakers have slipped a piece of legislation that would allow the mining giants to go ahead with their massive Resolution Copper project.

Doug Loud and Jeff Mosseri say gold will regain its shine in 2015

The Gold Report | December 3, 2014
Gold leaf mining

Money managers Doug Loud and Jeff Mosseri of Greystone Asset Management say that if we haven't seen the bottom, we will soon.

Women mostly missing at London’s 'Mines and Money' event

75 participating countries, 200 companies, 200 presenters, 3,000 attendees… and fewer than 15 women invited to speak at Mines and Money London 2014. About time for a change – don’t you think?

The world's most corrupt countries ranked

Michael Allan McCrae | December 3, 2014
rank index feat

The least corrupt country was Denmark.

Barrick teams with Saudi Arabian miner to run copper mine

Cecilia Jamasmie | December 3, 2014
Barrick teams with Saudi Arabian miner to run copper mine

Miner may try replicate partnership with other of its stalled projects, such as Pascua Lama in South America.

Peter Schiff - Euro Pacific Capital

Fed yearns for higher Inflation to disguise asset bubbles

The piece sheds important light on how the Federal Reserve's attitude regarding sub 2% inflation has changed significantly over the years.

Cliffs Natural selling coal assets, expects loss of up to $425m

Cecilia Jamasmie | December 3, 2014
Cliffs Natural selling coal assets to Coronado Coal, expects loss of up to $425m in Q4

Miner is dropping coal operations to focus on iron ore.

Gold above $1200 with wind at its back-for now

CNBC | December 2, 2014

Gold shorts send metal to key $1,200, but a strong dollar and worries about global deflation could keep gains in check.

Azarga primed to ride uranium revival

CEO.CA | December 2, 2014

Alexander Molyneux grew up with one foot in Australia and the other in Hong Kong, so he had a front-row seat to the rise of Asia and the demand for energy in a rapidly growing world.

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