High risk investing – the new trend in energy: interview with Andrew McCarthy
Risk perception isn't what it used to be. Ask the swelling ranks of Canadian junior oil and gas companies braving high-risk venues like Sudan, Iraq and even Yemen.
Risk perception isn't what it used to be. Ask the swelling ranks of Canadian junior oil and gas companies braving high-risk venues like Sudan, Iraq and even Yemen.
A small eastern Illinois town may soon decide whether to sell water to a planned coal mine. Some people in Homer are opposed to the idea, but some local farmers say they'd like to get in on the water-buying, too.
A 6.8-magnitude earthquake hit northern Myanmar on Sunday, collapsing a gold mine, a bridge, damaging several old Buddhist pagodas and leaving as many as 12 people feared dead.
Supervisors at a BHP Billiton's subsidiary Illawarra Coal in the Australian state of New South Wales have voted to strike for up to two weeks over a pay dispute.
Bulgarian archaeologists have unearthed bracelets with snake heads, a tiara with animal motifs and 100 buttons in a hoard of ancient golden artefacts uncovered during excavations.
"We are a Country in favor of redistribution, national weakness and reduced standard of living and lower and lower levels of personal freedom."
"On the basis of long experience, I can say with confidence that mining engineers spend most of their time in meetings, listening to consultants and staff and making hard decisions about the mine they work for or manage." - Jack Caldwell
Despite market rumours indicating otherwise, South Africa’s platinum producer Lonmin (LON:LMI) rejected Friday a reverse takeover bid by Xstrata (LON:XTA), its unhappy largest shareholder, as it announced a loss before tax of $698 million in the financial year ending in September.
While the junior mining sector has not seen the benefits of higher gold prices, there is reason for optimism, says Vikas Ranjan, managing director and principal of Ubika Research.
Centerra Gold (TSX:CG) was trading low on Thursday morning, after the Canadian gold miner reported Wednesday night a $46.8 million quarterly loss due to higher costs and severely lower production at its Kumtor mine in Kyrgyzstan.