Risks challenging Latin American miners
Mining companies face risks in Latin America, from nationalization to skilled labor shortages.
Mining companies face risks in Latin America, from nationalization to skilled labor shortages.
A Goldman Sachs employee burned all his bridges after publishing in the New York Times a top to bottom attack of his employer.
Rio Tinto Northparkes Mines has established a professorial chair in geotechnical engineering at the University of New South Wales (UNSW) to enable underground mining and block caving research, reports Australian Mining. Head of UNSW School of Mining, Bruce Hebblewhite, explained that "this partnership recognises the importance of geotechnical engineering as a core element for successful and safe underground mining. "[Block caving] is the lowest cost underground mining method available and is growing rapidly around the world….and there is a significant shortage of people with skills in these areas," Hebblewhite added.
A respected diamond expert says that an influx of "recycled" diamonds entering the market could depress prices of the precious stones and hurt diamond miners.
Many of Casey Research's editors and analysts spent last week in Toronto at the annual Prospectors and Developers Association of Canada (PDAC) convention.
For more than 20 years, most central banks diversified out of gold into currencies, especially the US dollar as well as US Treasuries.
Mine Site Technologies focuses on providing communications equipment for the mining industry which enhances customer safety and productivity. At Mine Site Technologies safety is more than just a statement – safety is an integral part of the employee culture.
Precious metals analyst "Mexico Mike" Kachanovsky, who opines on junior mining and exploration stocks at smartinvestment.ca, is bearish on the world economy, but bullish on mining stocks.
In India, a large part of the contract or daily wage labour move from one state to another for want of work.
The average interest rate for a savings account today is 0.45%. It wasn't that long ago that one could easily earn 5% in a well-chosen savings account, like those offered by ING Direct, or bump that up by a point or two by putting money away in a CD.