Marte Gutierrez, J.R. Paden Chair and Distinguished Professor of Civil and Environmental Engineering at Colorado School of Mines, was recently featured in an Wired article about Elon Musk's idea to build a network of high-speed transportation tunnels in Los Angeles.Gutierrez is also the director of the University Transportation Center for Underground Transportation Infrastructure (UTC-UTI), the U....Read More
Some of the most active companies traded Wednesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,133.80, down 10.99 points)Nemaska Lithium Inc. (TSX:NMX). Miner. Down 18 cents, or 15.25 per cent, to $1.00 on 13.4 million shares.Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up nine cents, or 1.07 per cent, to $8.47 on 10.02 million shares.Neovasc Inc. (TSX:NVC). Medical devices. Up ha...Read More
An older and much wiser newsletter writer used to relay the message I'm going to share with you today frequently.I'm not sure if he came up with it or borrowed it from somewhere else. But that really doesn't matter. It's the message that's important.What he used to say was, "Why would you take investment advice from someone who plays poker with toothpicks?"And here's what he meant by that...Wouldn...Read More
The mining operation production rate is set to approximately 15 Mt of material per year. An open pit mining schedule was planned ...Read More
CloseGain/LossGold $1291.90-$0.30Silver$16.54+$0.04XAU82.16+0.09%HUI177.33-0.20%GDM317.71-0.57%JSE Gold1002.87-8.12USD93.56-0.02Euro117.83-0.03Yen90.34+0.11Oil$72.13-$0.1110-Year3.060%+0.003T-Bond141.34375+0.0625Dow24834.41-0.72%Nasdaq7378.46-0.21%S&P2724.44-0.31% The Metals: Gold dipped $4.30 to $1287.90 in Asia before it edged up to $1296.00 by midmorning in New York and then drifted b...Read More
Gold 2048 is an interesting and comprehensive new report from the World Gold Council which brings together industry-leading experts from across the globe to analyse how the gold market is set to evolve in the next 30 years.Key insights from authors such as George Magnus, senior economist; Rick Lacaille, Global Chief Investment Officer of State Street Global Advisors; and Michelle Ash, Chief Inn...Read More
First of four excerpts from "American Default," on one of the strangest and most enduring chapters of the Roosevelt era.Read full newsRead More
First of four excerpts from "American Default," on one of the strangest and most enduring chapters of the Roosevelt era.Read full newsRead More
May 22 (Reuters) - Canada's Cobalt 27 Capital Corp said on Tuesday it has agreed to the world's first cobalt-nickel streaming finance deal on a producing mine with an Australian miner as the industry looks to bolster supplies of the key battery metal.Streaming is a type of alternative finance that allows an investor to make an upfront payment in exchange for future production at a discounted price...Read More
WARSAW, May 22 (Reuters) - Poland's KGHM, which is one of the world's biggest copper and silver producers, plans to invest more than 11 billion zlotys ($3.03 billion) in Poland from 2018-2022, it said on Tuesday.The company also said it plans to reduce investment in oversees assets and focus on domestic operations.($1 = 3.6342 zlotys)(Reporting by Agnieszka Barteczko; Editing by David Goodman)Read More
Nickel was last traded at $14,735 per tonne, up 20.2% on a year-to-date basis emerging as the strongest performing base metal so far this year. FocusEconomics Consensus Forecast panelists predict nickel prices to ease off over the short term after a buildup of tension surrounding US sanctions against Russian aluminum giant Rusal led to a surge in prices. It reached an over three-year high in April...Read More
USA: Rohstoff-Engpass in den Fabriken spitzt sich zu #rohstoffeRead full newsRead More
Earlier today, Bitcoin's (BTC) price dipped below the US$8,000 mark, entering the US$7,000 region for the first time since mid-April. Traders had expected the Blockchain Week and the Consensus 2018 event in New York City - the largest cryptocurrency conference in the world - to push the ...Read full newsRead More
May 21 (Reuters) - General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over half of the combined business.The deal, first reported by Reuters on Sunday, is the biggest to be inked thus far by GE Chief Executive John Flannery since he announced a major overhaul...Read More
Mr. Jean Martineau reportsDYNACOR PRODUCES 6,974 OZ OF GOLD IN APRIL 2018Dynacor Gold Mines Inc. has provided its April, 2018, gold production. In April, 2018, the corporation produced 6,974 ounces of gold at its Veta Dorada plant, which is the best monthly production since the beginning of this year. During the first four months of 2018, the Veta Dorada plant processed 28,313 tonnes of material c...Read More
Mr. John-Mark Staude reportsPARTNER-FUNDED FIELD WORK UPDATE FROM THE GLOR GOLD PROJECT IN SONORA, MEXICO Riverside Resources Inc. has provided an update on the progress of the partner-financed exploration program that is being conducted with Centerra Gold Inc. at the Canasta target on the Glor project. The Canasta target is located six kilometres to the east of the main Glor concession, where Riv...Read More
(Bloomberg Opinion) - The global iron ore market is quivering in the shadow of a mountain of rust building up in China. Investors should put that in a bit of perspective.Since the end of 2015, the inventory of iron ore at Chinese ports and tracked by consultancy Shanghai Steelhome Information Technology Co. has roughly doubled, from 80 million metric tons to about 160 million tons. Even compar...Read More
Mr. Matthew Hornor reportsMAPLE GOLD COMPLETES 22,606 METRES OF DRILLING AT THE DOUAY GOLD PROJECTMaple Gold Mines Ltd. has concluded its 2018 winter drilling campaign after 21,122 metres of diamond drilling from 52 holes and 1,484 metres from 57 short top-of-bedrock holes for a total of 22,606 metres. Core sawing and sampling is continuing at the Douay project site and the company expects to cont...Read More
"We're going from talking about robots to actually building and fielding programs... Within five years, I have no doubt there will be robots in every Army formation..."Read full newsRead More
SINGAPORE, May 22 (Reuters) - The seaborne iron ore market appears to be in something of a sweet spot currently, with largely steady demand and prices that have been flatlining for the past couple of months.Of course, another way of saying that a market is enjoying relatively stable and good times is that it's boring, but in iron ore there is plenty of action bubbling beneath the seemingly calm ex...Read More