In stunning turnaround, coal will grab electricity market share from natural gas next year
While stricter environmental regulation is leading to plant closures the US has not stopped building coal-fired power plants.
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Gold flirts with bear market as bullion backed funds have longest losing streak since 2004
"As equities fall, as the Greeks take money out of the banks and the banking sector collapses, I suppose you'd have to be wary of further price falls just to cover for losses in other markets."
Aurizon discovers three new ore lenses at Casa Berardi
Canadian gold producer Aurizon Mines has discovered three new lenses at its Casa Berardi mine in northwestern Quebec.
Falling off the supercycle: BHP puts the brakes on capex, stock hits 3-year low
“Where the industry previously lacked investment opportunities and choice, it now has more projects than cash flows. All of us in the industry are having to make choices.”
General Electric to buy up mining specialists Industrea and Fairchild International
General Electric (NYSE: GE) announced it is pursuing acquisitions of two underground mining equipment manufacturers in support of the global expansion of its mining business.
Silver use in medicine could boost the market: report
For thousands of years, silver has been used at the table, on the battlefield and even in healthcare. Today, the uses of silver for its healing and preventative properties are growing and analysts wonder what this renewed demand for the graphite metal will mean for the silver market.
Silver Bear provides operational update and announces first quarter 2012 results
Canadian Silver Bear Resources (TSX:SBR) posted Wednesday an operational update and announced its financial results for the first quarter of 2012.
Pan American Silver 1Q net falls 46% due to Mexican acquisition
Pan American Silver Corp. (TSX: PAAS, NASDAQ: PAA.T) first-quarter profit fell 46% as the costs of acquiring a Mexican gold and silver operation covered a revenue increase.
Repelling sharks? Rare earth elements can handle that
Magnetically sensitive sharks don't like samarium, neodymium, and praseodymium, according to a report by BBC on a company that is experimenting with rare earth elements to protect swimmers from getting bit.
