Volume 100 Number 48 Jan 12 - 18, 2015

A conveyor at Lucara Diamond's 75%-owned Mothae diamond project in Lesotho. Credit: Lucara Diamond

Lucara to exit Mothae in Lesotho

Lucara Diamond (TSX: LUC; US-OTC: LUCRF) plans to sell its 75%-held Mothae diamond project in Lesotho after the project failed to meet the company’s investment criteria.

U.S. equities drift lower, Dec. 29-Jan. 2

The Dow Jones Industrial Average and the S&P 500 Index climbed 1.4% and 0.9%, but the major indexes edged lower in the last trading week of the year, falling 1.2% and 1.5% in the following trading session. The Dow finished the week at…

Detour Gold's Detour Lake gold mine, 185 km northeast of Cochrane, Ontario.  Credit: Detour Gold

Gold juniors that gained traction in 2014

It was another lacklustre year for gold and gold equities, with the spot price for gold dipping below 2013’s close and down 14% from the high reached in March 2014, to exit the year at US$1,182.90 per oz. Despite that dim backdrop, more…

Eco Oro Minerals' Angostura gold project in northeastern Colombia. Credit: Eco Oro Minerals

Paramo could affect Eco Oro’s Angostura project

Eco Oro Minerals (TSX: EOM) has seen its shares climb in recent weeks, spurred by the Colombian government better defining the boundaries of an environmentally sensitive paramo ecosystem that is near the company’s Angostura…

Source: China government statistics, TWh = terawatt hour, Mt = megaton

Commentary: China’s declining coal dependence

The latest energy-market numbers from the Chinese government show an acceleration of a remarkable phenomenon that emerged from 2012 to 2014. The bottom line today is that the traditional nexus between real gross domestic product (GDP) growth,…

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