No need to set up a booth, NGOs use crowdsourcing for financing

While miners and explorers may be hitting the investment conferences looking for funding, NGOs are successfully using crowd sourcing to get projects started.

Michael Allan McCrae | January 23, 2012 | 5:14 pm

Paramount Gold and Silver’s stock trades higher after annoucing drill intercepts

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.

Michael Allan McCrae | January 23, 2012 | 3:57 pm

Pan American Silver acquiring Minefinders for $1.5 billion

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.

Michael Allan McCrae | January 23, 2012 | 3:47 pm

SilverCrest trades up after announcing a 424 percent increase in silver equivalent inferred resources

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.

Michael Allan McCrae | January 23, 2012 | 3:10 pm

FLSmidth to acquire coal equipment supplier for A$267 million

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.

Michael Allan McCrae | January 23, 2012 | 1:25 am

Live blogging from the 2012 Vancouver Resource Investment Conference – Day One

MINING.com will be live blogging from the Vancouver Resource Investment Conference this Sunday. You can also follow us on Twitter @mining. You […]

Michael Allan McCrae | January 22, 2012 | 6:48 pm

Bright days ahead for nuclear and renewables while coal and oil are likely to slip, says BP

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.

Michael Allan McCrae | January 22, 2012 | 6:27 pm

Petrobras CEO Jose Sergio Gabrielli is out

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.

Michael Allan McCrae | January 22, 2012 | 6:10 am

Wind stalks, not wind mills

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.

Michael Allan McCrae | January 22, 2012 | 4:26 am

Unraveling the mystery of how diamonds travel to the earth’s surface

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.

Michael Allan McCrae | January 21, 2012 | 7:54 pm

A look inside the Fukushima containment vessel

Forty technicians were needed to create a 8.5 mm hole so an endoscope could be lowered inside the stricken Fukushima containament vessel. […]

Michael Allan McCrae | January 21, 2012 | 6:50 pm

Oh no, world’s biggest emerald may not be so special after all

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.

Michael Allan McCrae | January 19, 2012 | 4:39 pm

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