December 22, 2012

What energy independence? How the US oil boom has been oversold

A negative feedback loop is already in play in the fracking business.

December 22, 2012

BHP rejects $50 million offer for Port Hedland resort

BHP Billiton has turned down a AUD 50 million offer from a consortium of investors for a collapsed resort project at Port Hedland. BHP's move is expected to lead to…

December 22, 2012

Republican sellout invites stagflation

While it may be no surprise that Republicans are preparing to yield on tax hikes, it should raise investor concerns the world over that a budget agreement will likely involve…

December 22, 2012

Congo and cobalt critical

Only four metals, or element groups, made the list for the American Physical Society, Materials Research Society and the US Department of Energy's uncatalogued for 'critical metals': Rare Earth elements,…

December 22, 2012

QE3 silver impact

As the Fed’s past QE campaigns demonstrated abundantly, QE3 will eventually prove to be very bullish for silver’s fortunes.

December 22, 2012

12 gold bugs bring Christmas cheer

Here's a sampling of this year's "gold bugs" and what they've been doing about precious metals recently.

December 21, 2012

Teck Resources coal sales to exceed prior outlook

Shares in Canada’s Teck Resources (TSX:TCK.B) (NYSE:TCK) climbed slightly Friday after the company announced that coal sales for the fourth quarter are expected to top its prior outlook of 6.2…

December 21, 2012

Chinese thermal coal imports jump 30% to record high as Beijing ends domestic price caps

After a 32% decline in steam coal prices since January, things are looking up for 2013.

December 21, 2012

South Africa won’t nationalize its mines, but taxes go up

After years of debate, South Africa’s ruling party African National Congress rejected Thursday plans to nationalize the country’s mining sector, but voted in favour of higher taxes in the world’s…

December 21, 2012

Fracking activities polluted Alberta’s groundwater: ERCB

Leaked fluid from fracking activities polluted groundwater after a “serious” incident at a well site near Grande Prairie, a city in the northwestern part of the Canadian province of Alberta,…