John Hick, lead independent director of First Uranium Corp, described demands from Olma Investment Group and other dissident shareholders received by the company Tuesday as "unrealisic".
I'm not all that thrilled to be owning Freeport McMoRan Copper & Gold (FCX) right now. While the company's stock has tended to be highly correlated to the price of copper, that correlation has slipped a bit.
I'm guessing this has a lot to do with the violence and labor disputes at the company's Grasberg mine in Indonesia.
The Newman Government has given the green light to what will be one of Australia’s biggest mines, the $6.4 billion Alpha Coal Project in Queensland’s Galilee Basin.
For many years now gold and silver -by its pattern of following gold wherever it goes- have been treated by traders, investors and central banks as a 'counter to the U.S. dollar' and quite rightly so; this definition, however, applies primarily to the long-term value of the dollar and not simply to the daily gyrations of the dollar's exchange rate.
The U.S. Environmental Protection Agency (EPA) held 12 hours of stacked hearings in Chicago on Thursday, allowing the public to express their opinions (mostly adulation according to The Huffington Post) about the proposed carbon pollution standards for new power plants.
Australia’s decision to grant first ever right to hire foreign workers at the Roy Hill project in the Pilbara on Friday has sparked heated critics by local unions and the mining community.