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.
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.
Overall, only the stock indices of Spain and Portugal's top companies fared worse than Toronto's S&P/TSX-60. But in the group of resource-heavy exporting countries Canada's stock market came in stone last.
Legendary commodity-investor and Singapore resident, Jim Rogers, told China Daily News that the property market has been slowed down and there is no crisis.
March 2012 broke all the hot weather records in the USA. It was the warmest month in the eastern two-thirds of the USA since records, going back to 1895, were kept.
The $2.6 billion Qatari investment could provide Glencore CEO Ivan Glasenberg the necessary backing he needs to push through the deal which many Xstrata shareholders say sell them short.