Oil has some great momentum behind it right now.The price of WTI crude topped $60 on Friday, ending its best first quarter in a decade.Looks great.Next stop: $100, right?Well, while oil does seem to have some muscle behind it (and I do think prices are headed a bit higher), I think we should reign in our expectations.Two bullish factors pushing oil higher last week were a decline in both U.S. acti...Read More
An accident reconstruction vehicle for the Colorado Highway Patrol, a 3D-printed habitat for astronauts on Mars and a public restroom for the Mount Everest trekking route are among the student design projects that will be on display at this spring's Capstone@Mines Design Showcase. The annual event - the culmination of a yearlong client-driven design experience for seniors - will be from 9 to 11...Read More
Christopher Higgins, associate professor of civil and environmental engineering at Colorado School of Mines, has been awarded the 2019 Walter L. Huber Civil Engineering Research Prize from the American Society of Civil Engineers (ASCE).The annual prize - one of the most prestigious mid-career awards in civil engineering -is given to only a few researchers every year in recognition of their notable...Read More
It said the underground fire was discovered during shift change, about 6pm (EDT) on Friday night, and no one was in the mine at the time at the time."Due to the nature of the fire, the mine must be cleared of gases before repair work commences or mine operations can be restarted," the company said."It is too early to determine the source of the fire or the impact on underground operations."It said...Read More
The mainstream press continues to repeat that an inverted yield curve has been a reliable indicator of a recession and that the U.S. is headed for one.So what is the inverted yield curve and is the U.S. economy headed for a hard landing that affects the market and your 401K?The short answer is an inverted yield curve is when short-term interest rates become higher than long-term interest rates, wh...Read More
"Precious Metals Weekly Round-Up: Gold Takes a Tumble, the US Dollar Regained Momentum and Equities Became Stronger. https://t.co/uesKnfk3Sb #preciousmetals #gold #investing"Read full newsRead More
"Bluestone Resources is an advanced gold project thats looking to become the next gold producer Read their feasibility now: https://t.co/vwveNe0ftJ#bluestoneresources $BSR #gold #mine #momentumstocks #bsr #cerroblanco #exploration #goldcorp #mining"Read full newsRead More
AngloGold Ashanti Ltd. is complying with an order from South Africa's Department of Mineral Resources to amend its mining rights to reflect black economic empowerment, the company's spokesman Chris Nthite said.The world's No. 3. gold producer may have contravened black economic empowerment rules tied to its mining rights when it awarded a 4.5 percent stake to employees instead of 6 percent, City P...Read More
A plant explosion in China's Jiangsu province has killed seven people, authorities said on Sunday, the second deadly blast in the province this month as Beijing begins a nationwide industrial safety inspection campaign.Sunday's blast involved a container of scrap metal that exploded in the outdoor yard of a metal-molding plant in a bonded area in the city of Kunshan, causing the plant to catch fir...Read More
Polish miner KGHM and a union representing workers at its Sierra Gorda copper mine in Chile have come to an agreement over contract talks, the head of the union told Reuters, heading off the threat of a strike.Maykel Ocayo, president of Sierra Gorda's 520-member Union 1, told Reuters in a message that workers had voted on Saturday in favour of accepting an offer from the company with a roughly two...Read More
Scientists from Rice University, Argonne National Laboratory and Northwestern University discovered that when heated in a furnace and place on a gold surface, boron atoms dissolve into a bath of gold and when the materials cool down, they resurface in the form borophene.Borophene is the atom-flat form of boron.Illustration by Luqing Wang | Rice University.In a press release, the researchers explai...Read More
Scientists from Rice University, Argonne National Laboratory and Northwestern University discovered that when heated in a furnace and place on a gold surface, boron atoms dissolve into a bath of gold and when the materials cool down, they resurface in the form borophene.Borophene is the atom-flat form of boron.Illustration by Luqing Wang | Rice University.In a press release, the researchers explai...Read More
Non-profit organization Geoscience BC is planning a new airborne survey to help identify mineral potential on northern Vancouver Island, in the western Canadian province of British Columbia.According to the NGO, every time its team runs projects like this one, new investment comes into the region at hand as the data is used to inform mineral exploration and development decisions by the mining sect...Read More
Non-profit organization Geoscience BC is planning a new airborne survey to help identify mineral potential on northern Vancouver Island, in the western Canadian province of British Columbia.According to the NGO, every time its team runs projects like this one, new investment comes into the region at hand as the data is used to inform mineral exploration and development decisions by the mining sect...Read More
Federal mine safety officials have cited an Idaho-based company for inadequate safety controls at a gold mine it operates in northeast Nevada where a worker was killed in an underground collapse in October.Read full newsRead More
Bond yields are crashing in major markets all around the world as there are fears of a global economic slowdown. Read for details.Read full newsRead More
Federal mine safety officials have cited an Idaho-based company for inadequate safety controls at a gold mine it operates in northeast Nevada where a worker was killed in an underground collapse in October.Read full newsRead More
It’s no secret that Wheaton Precious Metals (TSX:WPM)(NYSE:WPM) has been hitting some crazy numbers recently.The stock has gone from about $20 per share to over $31 per share at the time of writing in under four months.But is this stock still at the top? Another titan of the gold industry is Barrick Gold (TSX:ABX)(NYSE:GOLD), which could be a fairly sturdy option as well.So, which should...Read More
The ultra-Canadian company, which is developing a 2-million-ounce brownfield underground deposit in Red Lake, Ontario, says the transatlantic hop will open up its share register to more institutionalRead More
Avalon Advanced Materials Inc. (TSX: AVL, OTCQB: AVLNF) is currently focusing on developing its Separation Rapids Lithium Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS to production, while continuing to advance its Nechalacho Rare Earths asset. At PDAC2019, we learned from Don Bubar, President and CEO of Avalon Advanced Materials, that they were an early mover in the...Read More