Diavik spent $146.7 million on northern business in 2012
Diavik Diamond Mine touted the out-sized impact it has on the local economy in its 2012 mid year socio economic report.
Latest Stories
Just to be clear Bob Dylan is not a gold bug
The brouhaha over Bob Dylan's made-up quotes inspired some in the Twitter-verse to add their own mis-attributions to the 71-year-old music legend.
Gold and silver lessons from Pawn Stars
Despite being in a bull market for the past decade, precious metals are still widely under-owned by historical standards. The percentage of wealth held in gold and silver today fails in comparison to the last bull market thirty years ago.
Stock picking is back, junior resources have been ‘decimated’: Sprott strategist
Investors have become fatigued with marco news and are now back to looking at a company's fundamentals, said Peter Imhof, investment strategist at Sprott Asset Management, speaking to Business News Network on Monday.
We’re buying seven million ounces of silver: Eric Sprott
Eric Sprott announced that his company has $200 million committed to his self-named Sprott Physical Silver Trust, and the announcement will help silver, which has been in the "doldrums."
Coal bounces back
Believing that the natural gas nightmare may be ending, investors are returning to coal.
Dud investments the norm for China’s state-owned companies, says former Rio Tinto exec
People should stop worrying about Chinese businesses buying up resource companies in Australia because the Chinese are no good at investing, says former Rio Tinto executive, Michael Komesaroff.
Strike gets Gold One to gut guidance
With an illegal strike on its hands Gold One has reduced its guidance, originally set at 300 000 oz, down to 250 000 oz.
Consol’s conveyor calamity
'Structural failure' at CONSOL Energy's mine and preparation plant in Pennsylvania has the company reporting that the Bailey and Enlow Fork mines could be fully impacted for the next two weeks.