January 9, 2012 Paulson’s annus horribilis a ‘curse’ on gold says FT Hedge fund genius John Paulson had the worst year of his career in 2011. The FT wonders if he will start dumping gold onto the market in a dash for…
January 9, 2012 Navajo Nation President Receives $14 Million Royalty Check from Peabody Energy The $14 million check was a welcome payment for mined coal on the Navajo Indian Reservation. Navajo Nation President Ben Shelly met with executives from Peabody Energy and accepted the…
January 9, 2012 Investors poured $5.9 billion into precious metal funds last year… no thanks to Paulson Hard Assets Investor reports precious metals ETFs enjoyed solid $5.9 billion inflows last year that brought total assets in the sector to just under $98.5 billion; a figure that represents…
January 9, 2012 Frac Sand (Proppant) Testing Update Stikine Energy Corp. (TSX.V: SKY) ("Stikine" or the "Company") announces it has received crush test results for samples submitted in December 2011 and has also completed a detailed review of…
January 9, 2012 Hathor Provides Corporate Update Hathor Exploration Limited (HAT:TSX) ("Hathor") confirms that approximately 119,456,310 Hathor common shares have been validly tendered to Rio Tinto plc (NYSE:RIO)(LSE:RIO)(ASX:RIO) as of 5:00 pm Eastern Standard Time (EST) on…
January 9, 2012 Kicked out of small town motels, Australia’s ‘coal girls’ resort to RV parks Rural communities in Australia’s mineral-rich states are unhappy about the many working girls following highly-paid miners into their small towns and motel and hotel owners are kicking out prostitutes using…
January 9, 2012 1 million Grand Canyon acres off limits to miners for the next 20 years AP reports that the Obama administration is ignoring intense lobbying from the mining industry and political opponents on the right and will formally ban new uranium mining on 1 million…
January 9, 2012 Teck acquires oil sands partner SilverBirch for C$435M Teck Resources Ltd. (TSX:TCK.A) announced today that it will acquire its oilsands partner SilverBirch Energy Corp. (TSXV:SBE) for over C$435 million.
January 9, 2012 Yanzhou/ Gloucester Coal merger has big chance of success – UBS Financial adviser UBS reckons there should be few obstacles in the way of the proposed A$2 billion merger of Chinese miner Yanzhou Coal and Australia's Gloucester Coal.
January 9, 2012 Drilling Planned for Halliday Lake Project In the summer 2011, Uravan Minerals Inc (Uravan) completed multifaceted surface geochemical sampling programs on the Halliday Lake, Math, OR Extension, and Stewardson Lake projects [Press Release Link] in the…
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