The mining mogul’s venture relies on Chinese cash despite fears over Beijing’s influence in resource-rich countries When the new president of the Democratic Republic of Congo visited Washington in April, the mining billionaire Robert Friedland was waiting in a room at the Willard Intercontinental Hotel to greet him. Also there […]
Does a thinking person today have a chance of figuring out what to think about climate change? On the one hand, we are told there is a scientific consensus that humans are changing the climate. On the other hand, the most pessimistic future scenarios strain our credulity. The most extreme […]
A new monument at Royal Military College will remind its visitors that veterans of the War in Afghanistan live and work amongst us and should not be forgotten. “It’s about service and sacrifice in Afghanistan,” said retired brigadier-general Fred Lewis, who was part of the class of 1980 that brought […]
China is the world’s top mining country, but lack of local reserves of main mineral commodities forces local companies to hunt for mining deals globally. Since nearly all essential production data has became available to the public, this is a good time to determine the biggest mining countries throughout the […]
The central bank gold-buying spree shows no sign of letting up as countries seek to diversify their reserves away from the US dollar. Globally, central banks added another net 47.5 tons of gold to their reserves in September, according to the latest data from the World Gold Council. There were […]
What is the price of dissent? In India, Greenpeace is slowly finding out, one clash at a time. A very public, ongoing battle between the powerful Indian government and the environmental organization that began a year ago with the release of an intelligence report singling out Greenpeace as a “threat,” […]
If you have a bunch of stuff in the ground that other people want to buy, and you can use the money from that stuff to give good jobs to tons of people and build roads, schools, and everything else across a vast landmass, it’s pretty much a no-brainer that […]
Jim Simons was a middle-aged mathematician in a strip mall who knew little about finance. He had to overcome his own doubts to turn Wall Street on its head. Jim Simons sat in a storefront office in a dreary Long Island strip mall. He was next to a women’s clothing boutique, […]
MONTREAL ― If you want an idea where the job market is headed next, take a look at business investment. The money businesses put towards growing their operations is a key piece of the economic puzzle. After all, businesses can’t hire if they don’t invest. So it’s a bit alarming […]
Pengrowth Energy sells for a nickel per share in proposed deal It was a rough week for the Canadian oilpatch, to say the least, with the Keystone pipeline shutting down after a leak, Encana deciding to become American, and a new drilling forecast for 2020 that is woeful at best. To […]