Lake Shore Gold Corp. (TSX:LSG)(NYSE Amex:LSG) ("Lake Shore Gold" or the "Company") today announced that the Company has entered into an agreement (the "Agreement") with Sprott Resource Lending Partnership ("Sprott") for a credit facility (the "Facility") totaling up to $70 million.
Using the dismal science to make forecasts and taking risks with real money are two very different things. And the Brazilian giant is definitely putting its money where its mouth is.
While gold's primary use these days is a hedge against Europe going belly up or paper currency becoming debased, researchers at MIT found that a little gold added to copper can also act as a strong catalyst and convert carbon dioxide into methane or methanol.
Hitachi has built an 11-kilowatt motor that uses no rare earth materials. The motor took four years to develop, and commercial production is expected in two years.