Category: Commodities
Police wait for man to pass 1.7 carat diamond
A 52-year-old man is being detained in a dry cell at a police station in Windsor, Ont., while they wait for him to give up a $20,000 diamond he is accused of swallowing last week.
Timmins Gold hits 52-week low after Q1
Mexican miner Timmins Gold (TSX:TMM) has lost 22% for the year and hit a 52-week low of $1.58 after reporting Q1 on Tuesday.
Astur Gold submits environmental impact assessment
Astur Gold Corp. (TSX-V: AST, Frankfurt: CDC) (“Astur Gold” or the “Company”) announces the submission of the Environmental Impact Assessment (“EIA”) to the General Directorate of Mines of the Principality of Asturias.
Gold Fields Q1 earnings fall but beat market estimates
Despite reporting an 18% drop in its quarterly earnings, South Africa’s Gold Fields beat market estimates as output and the bullion price in South African rand both fell.
Finding opportunity in silver, the Devil’s metal: Chris Thompson
Silver has been called the most volatile of metals. But volatility produces opportunity, according to Chris Thompson, a top-ranked StarMine analyst with Haywood Securities.
New study considers water consumption in oil sands
Can Alberta’s oil sands balance environmental tradeoffs and economic returns? According to a new study from Alberta Innovates & Energy and Environmental Solutions (AI-EES), there may be a way.
Gold flirts with bear market as bullion backed funds have longest losing streak since 2004
“As equities fall, as the Greeks take money out of the banks and the banking sector collapses, I suppose you’d have to be wary of further price falls just to cover for losses in other markets.”
Xstrata $60 billion Philippine mine may stall at church door
Xstrata Plc (XTA), the world’s fourth- biggest copper producer, risks missing a 2016 target to begin extracting about $60 billion of minerals from its project in the Philippines because of opposition from the Catholic Church.
Finnish mining boom prompts regulation backlash on polluters
Finland’s mining companies stand to face tougher rules as environmental damage prompts regulators to check the Nordic nation’s mining boom.
Photos: Cenovus Energy Christina Lake drilling site
Oil companies want to mine the sands to make money and help wean North America off its addiction to Middle Eastern oil.
