December 23, 2013

BC coal project faces fresh woes over foreign workers

Canada's United Steelworkers union is asking the British Columbia Supreme Court to revoke the HD's exploration permit, alleging local authorities granted it without addressing safety concerns.

December 22, 2013

Norman: Wrong to use US rate to judge gold as inflation hedge

Ross Norman of Sharps Pixley says since the gold market has fundamentally shifted to India and China, high inflation there will continue to drive demand.

December 22, 2013

Rick Rule says gold, natural resources drivers intact

As Rick explains, bear markets provide the upside that contrarian investors should seek.

December 20, 2013

Canada watchdog accuses Silvercorp short seller of fraud

Hedge fund manager Jon Richard Carnes wrote a false negative report in 2011 about the silver miner in order to profit from its falling share price.

December 19, 2013

Northern Gateway pipeline approved by National Energy Board – with more than 200 conditions

Pipeline will open Alberta's oil sands to Asian markets.

December 19, 2013

China’s government likely behind country’s gold hoard—report

Already the world's biggest gold producer China is set to overtake India as the No.1 gold importer. But where is all that gold going?

December 18, 2013

Survey: 72% of miners see the global economy improving

Confidence levels in the sector have improved dramatically over the last 12 months, reaching a two-year high.

December 18, 2013

Bitcoin sinks as China tightens restrictions on trade

The virtual currency is down 46% from Monday, and 60% since the historic peak of late November.

December 17, 2013

Chinese coal billionaire drowning under $5bn pile of debt

Analysts say the situation is nothing but a reminder of the thin dividing line between China’s banks and its “shadow” lending industry.

December 16, 2013

Rio Tinto says Chinese now make ‘much higher quality’ mining equipment

The CEO of world number two miner Rio Tinto said the quality of Chinese mining equipment is catching up and in some instances surpassing that of the major US manufacturers.