Of all the social memes related to the economic and investment landscape, none is more dominant than that there is a small cadre of powerful Wall Street money men who, working behind the scenes, effectively control investment markets, the global economy and the politicians that play such a big role in that economy.
It’s a fact in the mining world that most discoveries are made by a) junior mining companies and b) old time individual prospectors.
Today marks the anniversary of the Federal Government’s decision rejecting the Prosperity Mine proposal and protecting the environment, waters, fish and fish habitat, grizzly and grizzly habitat and our constitutionally protected rights as First Peoples in our homelands.
I think I know some lab mice that have received less examination than the 2012 Republican primary candidates.
President Obama will have the final say on whether the Keystone XL gets built. In an interview with the Nebraska news station, Obama said that the State Department will be giving him a report "over the next several months", which he will use to make a decision. "The state department is in charge of analyzing this, because there is a pipeline coming in from Canada. They'll be giving me a report over the next several months. My general attitude is what is best for the American economy and what is best for the American people short term and long term," said Obama to KETV NewsWatch 7's Rob McCartney.
OneSteel (ASX:OST), an integrated steel manufacturer and iron ore miner based in Australia, dropped 18% to 98.5 cents a share after the company gave a gloomy financial forecast as it tries to cope with falling iron ore prices and a rising Australian dollar.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 1, 2011) - Gemcom Software International Inc., the largest global supplier of mining software solutions, today announced that Eurasian Natural Resources Corporation PLC (ENRC) will implement Gemcom Surpac™, Gemcom GEMS™, Gemcom Minex™, Gemcom Whittle™ and Gemcom MineSched™ throughout its global operations. ENRC is one of the world's leading diversified natural resources groups, performing integrated mining, processing, energy, logistics and marketing operations. ENRC's production assets are largely located in the Republic of Kazakhstan, with other assets in Africa and Brazil.
For more than a century now, flotation has been at the heart of the mineral processing industry. In this month's SPOTLIGHT FEATURE ARTICLE, direct from the November issue of INTERNATIONAL MINING magazine, John Chadwick examines new technologies and applications from some of the key players in mineral flotation, a technique that is so important to the global industry.
A Chinese government policy that purports to make coal mines safer is triggering local supply disruptions. China's dismal, and tragic, accident record at coal mines led the Chinese government to consolidate thousands of small, often-dangerous coal mines to boost safety. As the largest user and producer of coal, the country became a net importer in 2009 for the first time, as the consolidations led to a drop in domestic coal output. (Read an indepth article on China's place in the global coal market in MINING.com Magazine)