Northern Gateway pipeline could be capped with a $13 billion refinery

Newspaper magnate David Black is proposing a $13 billion oil refinery to be built in Kitimat to process oil from the Northern Gateway pipeline before shipment.

Michael Allan McCrae | August 17, 2012 | 6:17 pm

John Paulson’s huge bet on gold

Buckle up John Paulson investors. Bloomberg reports that the billionaire hedge fund manager has put 44% of his firms assets into gold.

Michael Allan McCrae | August 17, 2012 | 6:09 am

Central banks double last year’s gold buys

Central banks demand for gold in the second quarter reached 157.2 tonnes, a record high and more than double last year's Q2.

Michael Allan McCrae | August 17, 2012 | 5:30 am

China and India go soft on gold as worldwide demand sinks 7% in Q2

Worldwide demand for gold in the second quarter of 2012 fell to 990.0t, down 7% in comparison to last year said the […]

Michael Allan McCrae | August 16, 2012 | 9:51 pm

Obama and Buffett are anti-market fascists: Rick Rule

Attention-getter Rick Rule had choice words when asked about Warren Buffett, who said that President Barack Obama is “not anti-business.” “There is […]

Michael Allan McCrae | August 16, 2012 | 9:09 pm

Cleaning up heavy metals using worms

Worm composts are not just for kitchen waste, since the bugs also happen to be good at absorbing heavy metals, according to […]

Michael Allan McCrae | August 16, 2012 | 8:43 pm

Stock falls over and CEO resigns after a ‘near-term liquidity challenge’ at Great Basin Gold

Great Basin Gold's stock was cut in half and Ferdi Dippenaar, the company's CEO, resigned after it announced liquidity problems in its second quarter.

Michael Allan McCrae | August 16, 2012 | 5:28 am

‘Tantamount to selective reporting’: analyst on Barkerville Gold’s 43-101

The Northern Miner called Garth Kirkham, chairman of the best practices committee at the Geological Society of Canadian Institute of Mining, Metallurgy, and Petroleum (CIM), who was not sparing in his opinion of the 43-101 that Barkerville Gold released on Monday night.

Michael Allan McCrae | August 16, 2012 | 4:56 am

ANIMATION: Hydraulic fracturing explained

Marathon Oil Corp has put together one of the best introductory videos on how hydraulic fracturing works.

Michael Allan McCrae | August 15, 2012 | 6:08 am

Rough times ahead? Soros buys a lot of gold and Wal-Mart

George Soros's investment firm took sizable positions in gold and the defensive stock Wal-Mart Stores in the second quarter.

Michael Allan McCrae | August 15, 2012 | 5:49 am

Coeur D’Alene in dispute over unpatented mining claims

Coeur D'Alene Mines (NYSE:CDE) will be entering a trial with Rye Patch Gold US Inc. this November over unpatented mining claims.

Michael Allan McCrae | August 15, 2012 | 5:21 am

Potash ending inventory drops sharply

Inventory levels of potash in North America fell 15% last month, according to Potash Corporation of Saskatchewan Inc. (NYSE:POT).

Michael Allan McCrae | August 15, 2012 | 4:48 am

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