Six-in-one survival tool made out of beryllium copper

For the survivalist who has everything or for someone who appreciates steampunk cool, Homelandsecurity.com sells the Yes Tool. The six-in-one unit, made […]

Michael Allan McCrae | April 6, 2012 | 4:35 pm

Pro gold and anti gold: columnists at Reuters and the Economist duke it out

Felix Salmon, uber-blogger and columnist at Reuters, takes on the Economist's Matthew Bishop, author of In Gold We Trust?, on gold's value versus currencies, bonds and stocks.

Michael Allan McCrae | April 5, 2012 | 7:04 pm

$25 admission nets couple 50.5 carat emerald at North Carolina mine

ABC News reports that two amateur rockhounds, Libby and Kevin Barrieault, found a 50.5 carat emerald in North Carolina.

Michael Allan McCrae | April 5, 2012 | 4:31 pm

Oversupply forces Alcoa to cut 390,000 tonnes of annual alumina production

Due to an oversupply in the Atlantic region, the world's third-largest producer of aluminum, Alcoa, announced that it was cutting 390,000 tonnes of production of alumina.

Michael Allan McCrae | April 5, 2012 | 3:56 pm

Black lung payouts expanded under little known Obamacare section

While speculation about the Supreme Court's upcoming ruling on the Affordable Care Act has been getting all the attention, there is a little known provision in the law that reinstates an old protection, an expansion of benefits for victims of black lung.

Michael Allan McCrae | April 4, 2012 | 6:48 am

First Majestic pays $175 million for Silvermex Resources

Mexican silver miner, First Majestic, announced a friendly acquisition of Silvermex Resources for Can$175 million.

Michael Allan McCrae | April 3, 2012 | 6:09 pm

Fatality at Timmins West Mine

Lake Shore Gold (TSX:LSG) announced that one of their employees died due to an incident at the Timmins West Mine.

Michael Allan McCrae | April 3, 2012 | 5:04 pm

Miners have fun on April Fools

There were news reports on April 1 about a Charlize Theron sex tape and WestJet kid-free flights that all turned out—unfortunately—not to be true.

Michael Allan McCrae | April 3, 2012 | 5:32 am

King coal faces a usurper and an accomplice

While the U.S. gets most of its electricity from coal, the EPA has enacted restrictions that are starting to sunset industry.

Michael Allan McCrae | April 3, 2012 | 5:16 am

Extorre gets 8% bump after announcing preliminary economic assessment

Argentinian gold and silver miner, Extorre Gold Mines (TSX:XG), announced a preliminary economic assessment showing their Cerro Moro gold-silver project producing 848,000 ounces of gold and 47.2 million ounces of silver.

Michael Allan McCrae | April 3, 2012 | 4:54 am

‘Sense of duty’ prevented another Fukushima nuclear disaster

The Mainichi Daily News profiles Yanosuke Hirai, a technocrat in Japan, whose doggedness and sense of personal duty, compelled him to build a breakwater high enough to deflect the March 2011 tsunami and prevented the nucelar power plant at the Onagawa, Miyagi Prefecture, from being subsumed by the same waters that took out the Fukushima power plant.

Michael Allan McCrae | April 2, 2012 | 6:59 pm

Coal prices may be headed higher after BHP Billiton declares force majeure

BHP Billiton declared force majeure at its Bowen Basin coal mines in Queensland, Australia.

Michael Allan McCrae | April 2, 2012 | 5:39 pm

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