BHP Billiton aspires to have a workforce that is 50% female by 2025, in a report by The Financial Times.CEO Andrew Mackenzie made the announcement before the company kicks off its annual meeting in London on Thursday.BHP Billiton (NYSE:BHP), the world's largest miner, currently has 65,000 employees with just 17% being female. Senior staff bonuses are already tied to hiring more female workers. BHP...Read More
Canadian junior Pistol Bay Mining (CVE:PST) announced the acquisition of all properties and deposits from AurCrest Gold (CVE:AGO) and Glencore (LON:GLEN) in Ontario's Confederation Lake Greenstone Belt.The property package covers a 31 kilometres length of the Confederation Lake Greenstone Belt and includes two zinc-copper deposits and a number of zones which are in need of follow-up drilling. Mine...Read More
One year after the reopening of its zinc, copper, and lead Aznalc??llar mine near the Spaniard city of Sevilla, Grupo Mexico's project is being scrutinized once again.Sevilla's Provincial Court decided to revisit the investigation behind the mining rights awarded to GMexico's subsidiary M?(C)xico-Minorbis. Last year, accusations about shady pre-arranged agreements to obtain such concession, dismis...Read More
In May Freeport-McMoRan Copper & Gold (NYSE:FCX) announced the sale of its Tenke Fungurume copper mine in the Democratic Republic of the Congo to China Molybdenum (CMOC) for up to $2.65 billion, a crucial part of the Phoenix-based company's debt reduction program.But exiting the DRC is proving to be as complicated as operating a mine in the troubled central African country. Now Gecamines, the stat...Read More
Certain commodities tend to fly under the radar for periods of time.For example, it was only in the last couple of years that markets have been able to digest the potential impact of the electric vehicle boom, and what it may mean for raw materials. The lithium, graphite, and cobalt prices reacted accordingly, and suddenly these essential ingredients for lithium-ion batteries were hot commodities....Read More
For the first time in about five years, the world's No. 1 mining company BHP Billiton (ASX, NYSE:BHP) (LON:BLT) has said it was finally seeing clear signs of a commodity market turnaround.Announcing the results of an operational review ended Sep. 30, chief executive officer Andrew Mackenzie said there were "early signs of markets rebalancing."Iron ore and metallurgical coal prices have been stron...Read More
Populism on the March Why the West Is in Trouble ... Trump is part of a broad populist upsurge running through the Western world. It can be seen in countries of widely varying circumstances, from prosperous Sweden to crisis-ridden Greece. In most, populism remains an opposition movement, although one that is growing in strength; in others, such as Hungary, it is now the reigning ideology. But almo...Read More
Mess With Central-Bank Independence at Your Peril ... There are worrying signs that, against the current backdrop of record-low interest rates, politicians are tempted to start meddling. -BloombergThe idea of nationalizing banks is probably part of a continued strategy to destroy local and regional central banks in favor of one that is worldwide.It is surely true that the indefensible nature o...Read More
70 Nobel Laureates Endorse Hillary Clinton ... A group of the world's leading experts in science, medicine and economics threw their support behind Hillary Clinton on Tuesday, endorsing the Democratic presidential candidate and arguing that her election is crucial for safeguarding freedom and preserving a constitutional government.The Nobel Prize long ago turned into a meme that reinforces speci...Read More
Populism on the March Why the West Is in Trouble ... Trump is part of a broad populist upsurge running through the Western world. It can be seen in countries of widely varying circumstances, from prosperous Sweden to crisis-ridden Greece. In most, populism remains an opposition movement, although one that is growing in strength; in others, such as Hungary, it is now the reigning ideology. But almo...Read More
Mess With Central-Bank Independence at Your Peril ... There are worrying signs that, against the current backdrop of record-low interest rates, politicians are tempted to start meddling. -BloombergThe idea of nationalizing banks is probably part of a continued strategy to destroy local and regional central banks in favor of one that is worldwide.It is surely true that the indefensible nature o...Read More
70 Nobel Laureates Endorse Hillary Clinton ... A group of the world's leading experts in science, medicine and economics threw their support behind Hillary Clinton on Tuesday, endorsing the Democratic presidential candidate and arguing that her election is crucial for safeguarding freedom and preserving a constitutional government.The Nobel Prize long ago turned into a meme that reinforces speci...Read More
Imperial Metals escaped charges from its 2014 Mount Polley tailings breach near the city of Williams Lake, but the company isn't going to dodge new legal actions coming its way.Today, MiningWatch, backed by more than a dozen of other non-profit organizations including Amnesty International, Clayoquot Action, and Wilderness Committee, announced its plans to file a private prosecution under Canada's...Read More
Canadian Yamana Gold (TSX:YRI) (NYSE:AUY) is set to spin off its Brio Gold subsidiary, which operates non-core assets in Brazil, as a standalone public company.This is not the first time the Toronto-based mid-sized gold producer tries to divest the three Brazilian mines owned by its local unit. Late last year, the company attempted to sell some of its 100% stake in Brio through a private share pla...Read More
Production of cobalt, used in the lithium batteries that power everything from smartphones to electric cars, is set to soar in the Democratic Republic of the Congo (DRC), thanks to the country's low operating costs and strong projects pipeline, a new study published Tuesday shows.Analysts a BMI Research, a division of Fitch Group, estimate the country's cobalt output will jump from 66.2 thousand t...Read More
A massive gold-copper mine planned for northwest B.C.'s Golden Triangle would have a higher capital cost but lower operating costs and a smaller environmental footprint, according to a revised plan.Seabridge Gold Inc. (TSX:SEA) recently updated its plans for the proposed Kerr-Sulphurets-Mitchell (KSM) mine 65 kilometres northwest of Stewart with a preliminary economic assessment and an updated p...Read More
The public release, via WikiLeaks, of purloined e-mails and documents related to Hillary Clinton and her campaign has produced starkly different reactions. On the whole, the news media is nonplussed.- BloombergThis Bloomberg article makes the case that none of the emails released by WikiLeaks provides evidence of wrongdoing by Hillary Clinton.Is suggests that the leaks "may or may not be part of a...Read More
The public release, via WikiLeaks, of purloined e-mails and documents related to Hillary Clinton and her campaign has produced starkly different reactions. On the whole, the news media is nonplussed.- BloombergThis Bloomberg article makes the case that none of the emails released by WikiLeaks provides evidence of wrongdoing by Hillary Clinton.Is suggests that the leaks "may or may not be part of a...Read More
An informal chat on the current state of the mining investment world.How 100% is just the beginning in a bull market and what should we do with this money?Follow Jay @ Fifighter.comFollow Nick @MiningBookGuyFollow me on:https://twitter.com/TheNextBigRushhttps://www.facebook.com/TheNextBigRushRead More
Please check out our new paid sponsor, Grant Stone Shoes, and enter promo code "gold" for a 10% discount! https://www.grantstoneshoes.com/Wall St for Main St welcome back Doug Casey! He is an speculator, entrepreneur, libertarian philosopher and co-author of a new novel called Speculator.Be sure to check out Doug's new book on Amazon! https://www.amazon.com/Speculator-Hig... What did we talk about...Read More