It’s the media, stupid!
I´m taking a contrarian position on this recession we're supposedly heading into.
I´m taking a contrarian position on this recession we're supposedly heading into.
Mosquito Consolidated Gold Mines (TSX-V:MSQ)(US OTCQX:MQCMF - "Mosquito" or the "Company") today announced that the U.S. Forest Service, Intermountain Region, has officially signed the Plan of Operation, the final authorization for Mosquito to begin its exploratory drilling program on National Forest land about 14 miles northwest of Idaho City, Idaho .
A cashed-up BHP Billiton will spend $US367 million ($A344.31 million) expanding its coal handling operations in Newcastle. The world's biggest miner, which recently delivered an Australian record full-year profit of $22.46 billion, announced on Wednesday the third stage of development of the Newcastle Coal Infrastructure Groups (NCIG) facility.
Al Gore's latest blog entry reads: The leaders of the top environmental groups in the country, the Republican Governor of Nebraska, and millions of people around the country – including hundreds of people who have bravely participated in civil disobedience at the White House – all agree on one thing: President Obama should block a planned pipeline from the tar sands of Alberta to the Gulf of Mexico. The tar sands are the dirtiest source of fuel on the planet...
Most people don't know or care about cobalt. But, as with a number of metals we seldom hear about, we would certainly miss cobalt if it were not available for use in many cutting-edge applications. In this exclusive interview with The Critical Metals Report, Rick Mills, editor of Ahead of the Herd, talks about the supply and demand for critical metals and tells us why cobalt is the "King of Critical Metals."
Private equity groups First Reserve Corp and AMCI International have sold A$390 million ($416 million) worth of shares in Australian miner Whitehaven Coal , which failed to find a buyer for the company this year.
The Canadian Environmental Assessment Agency announced on Monday it is conducting a comprehensive study, which is a type of environmental assessment, for the proposed Canpotex Potash Terminal Project located on Ridley Island, in the Port of Prince Rupert, British Columbia. The Agency is also making available $50,000 under its participant funding program to assist groups and individuals to take part in upcoming steps in the federal environmental assessment of this project. Construction is projected to start in 2013 and to be completed three years later.
Oil sands miners in northern Alberta are pooling new knowledge to tackle an old foe: tailings. It's an unusual collaboration in an industry that is famously secretive for fear of losing an edge to competitors. The StarTribune reports on how companies participating in the Oil Sands Tailings Consortium — a 7-member group formed last December to share tailings research and technology — are spending over $90 million this year to address the common problem of how to dispose of wet tailings left behind when bitumen is extracted from oil sands.
Confirming details leaked to the Washington Post on Wednesday the US State Department said on Friday a proposed $7 billion extension of the Keystone pipeline to US Gulf Coast refineries would not likely boost the amount of crude produced from Alberta's oil sands, suggesting it would have limited impact on the environment. A final decision on the controversial pipeline could come as soon as the end of the year. The news comes as demonstrators in front of the White House continue being arrested in efforts to convince President Barack Obama of Keystone XL’s dangers. The price Canada can charge for crude exports to the US is falling further behind the international benchmark because of a glut in the Midwest and some hedge funds have started to bet that the spread could go as high as $50/barrel leaving Alberta producers millions of dollars out of pocket per day.
Shares of Minara Resources jumped 36% today on news of a takeover bid by Swiss-based commodities trader Glencore Resources. Glencore, which went public in May with an astonishing $11 billion IPO, is seeking to buy a minority position in Minara, of which it already owns 73.4%, for AU$268 million.