Posts Tagged ‘earth’

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Dr Caterpillar’s (excellent) prognosis for mining

With revenues of $60 billion last year and operations at the ends of the earth, few companies are in a better position to take the pulse  of the global economy and the resource sector than Caterpillar. The world’s number one heavy equipment manufacturer (NYSE: CAT) delivered record-breaking sales and revenues in 2011 supplying profits of just under $5 billion, up 83% from last year. ... Full story

The ready bullion boys

The ready bullion boys
It’s been said Alaska has been discovered four times; first for furs, then fish, gold and finally, oil. Full story

Gold prices punch through $1900 level as the problems with global economic growth and the monetary system persist

Gold prices punch through $1900 level as the problems with global economic growth and the monetary system persist
Gold prices punched through the $1900 level on Monday after falling by almost $200 an ounce in two days only two weeks ago. This rebound comes in spite of a series of margin hikes for gold futures by the CME, the Hong Kong Mercantile Exchange, the Shanghai Gold Exchange as well as the Thai Exchange. Obviously traders are confident that betting on the long side ... Full story

Japan Times: China raises spectre of undersea mining with world’s deepest diving submersible

Japan Times: China raises spectre of undersea mining with world's deepest diving submersible
The prospect of mining the ocean floor may seem far-fetched, but China, motivated by its insatiable hunger for resources, has opened its eyes to the idea. Full story

Oceanwide to increase its shareholding in CuDeco to 19.9%

Oceanwide to increase its shareholding in CuDeco to 19.9%
CuDeco Limited (ASX:CDU) said today that FIRB has approved Oceanwide International Resources Investment Co. Full story

Bob Casaceli: Cordillera del Condor

The Cordillera del Condor region, located on the contentious Ecuador-Peru border, has proven to be rife with precious metals and political risk. In this exclusive interview with The Gold Report, Geologist Bob Casaceli delves deep beneath the earth's crust to explain why this dynamic region's formation points to further discoveries in the area Full story

Uranium Stocks: Sensational Gains May Continue Higher

StreetAuthority submits: by David StermanWhat's one of the hottest micro-cap stocks of the last three months? I'll give you a clue: it's a mining company whose stock tripled in value since mid-August. But instead of mining gold, silver or platinum, this company digs something entirely different out of the earth. Full story

Rare Double Play in Precious Elements

Robert Kientz submits:When I wrote my recent story, Rare Earth Investment Potential Is Great... If You Are Patient, a reader emailed asking why I did not write about Rare Element Resources Ltd. Full story

Tale of Two Faux Pas

Gold has stormed on towards $1,300. The Rare Earth sector has been on fire as the Molycorp backwash (as predicted) and the Chinese quota tightening have sent investors scrambling for positions Full story

WAIHI WEST DRILLING RESULTS – ST ANDREW GOLDFIELDS LTD. and NEWMONT MINING CORP and GLASS EARTH GOLD LTD.

Glass Earth Gold and Newmont Mining Corporation as joint venture partner and operator, announced assay results from the third drill hole WKP 26 in the diamond drilling campaign at WKP gold–silver prospect within Waihi West project located in New Zealand. Highlights intersection of the hole WKP 26 are: 1.0 m at 19.1 g/t gold, 71 g/t silver from 141 m and 1.0 m at 17.5 ... Full story
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