Markets clip Goldcorp 9.74% after lowering guidance; markets and commodities mixed
Yesterday’s announcement that Goldcorp (NYSE:GG) will be producing 8% less gold this year hit the company’s stock, and shares fell 9.74% to […]
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Partnership of Rio Tinto with the University of Queensland
Rio Tinto extends its educational program to develop skilled workers through a partnership with the University of Queensland, as reported on Mining […]
Madrid, Spain mining riots for coal subsidies
While the United States Congress debates HR4402, a bill which would make it easier and cheaper to mine in the United States, Spanish coal miners are protesting cuts by the Spanish government in subsidies to unprofitable coal mines.
More pain for SouthGobi shareholders
Embattled SouthGobi Resources (TSX:SGQ) shed over 4% on Wednesday bring its losses since April to 40%, after announcing its Mongolian subsidiary SGS has filed a notice of investment dispute with the government of the Asian country.
INFOGRAPHIC: A step-by-step on what is the Libor scandal
Accounting.net put together a handy graphic to explain what Libor is, what the scandal was about and how the rest of the economy felt the impact.
Stans Energy up 10% after producing heavy REEs in Kyrgyzstan ahead of schedule
The company said 50kg of dysprosium with 99.9% purity was separated from resins remaining from past production runs at the former Soviet Union's number one rare earth plant.
China blocks WTO rare earths arbitration as US critical minerals bill goes to a vote
"Passage of this legislation is an important step toward recovering the 22,000 rare earth-related jobs the U.S. has lost since the 1980s.”
Is gold stuck in Bizzaro Land?
In the Seinfeld episode “The Bizarro Jerry,” Elaine meets a group of people who are complete opposites of Jerry, George, Kramer. The show provides a rather striking similarity to today’s Bizarro financial market.
Franco Nevada Corporation: a gold play for the long term
"This is a company with a business model that is extremely difficult to argue with. Franco Nevada has a diversified portfolio of high margin, cash flow producing assets principally in North America."
