While miners and explorers may be hitting the investment conferences looking for funding, NGOs are successfully using crowd sourcing to get projects started.
Paramount Gold and Silver was up 4.8% to $2.40 after announcing gold and silver values from 10 core holes drilled on its San Miguel Vein deposit in Mexico.
Pan American Silver is buying Minefinders for $1.5 billion in a cash and stock deal. Markets reacted negatively to the news with Pan American today losing 8.67% of its value and falling to $22.85 a share in morning trading.
SilverCrest Mines (CVE:SVL), a gold and silver miner operating in Mexico, announced today that the inferred resources at its La Joya property increased by 424% from 24.0 million to 126.0 million silver equivalent ounces.
FLSmidth, a global engineering company out of Denmark, is planning a A$267 million acquisition of Ludowici Limited, an Brisbane-based company that manufactures coal centrifuges, vibrating screens and complementary wear resistant products.
Over the next twenty years non-fossil fuels, such as nuclear, hydro and renewables, will be the fastest growing parts of the energy sector, according to BP Energy Outlook, a report that was released on Thursday.
Jose Sergio Gabrielli is no longer CEO of Petrobras, Brazil's state-controlled oil company. He was replaced by Maria das Graças Foster, a business leader with close ties to the president of Brazil, Dilma Rousseff.
DiscoveryNews reports that a New York design firm is planning to harvest energy from wind using compression rather having it blow through a blade and turn a turbine.
A vulcanologist at the University of British Columbia may have cracked the riddle on how kimberlite magma, and the valuable diamonds it sometimes carries, pushes its way up from deep underground.
The Calagary Herald tracked down Shane McClure, a gemologist, for his opinion of the world's largest emerald that is being auctioned in Kelowna this month, and McClure is wondering if the emerald is actually dyed beryl, a mineral that is relatively worthless.
