April, 2008
April 28, 2008 at 11:00 am · Filed under Market Watch, infomine
Cyanide Story (Part One): Are We Doing Enough to Prevent Cyanide Spills?
By Doug Hadfield, MiningandMoney.com
It’s the stuff of legend. For many, the word “cyanide” conjures images of mass suicides, illegal fishing in the Philippines and the murder of Rasputin. Pretty nefarious stuff.
But hydrogen cyanide is a valuable and arguably indispensable industrial chemical, particularly in gold mining.
Some 13% of all man-made cyanide is used to assist in removing gold and silver from low-grade ore; the rest is used to manufacture a wide range of products, from cosmetics to fire retardant and much else besides. Read the rest of this entry »
April 25, 2008 at 10:12 pm · Filed under Market Watch, infomine
Recognizing the manic rate of new investment in the clean tech sector, and its own, unique suitability to lead, the TSX exchange group announced it would like to forge the way in clean tech stock markets.
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April 24, 2008 at 11:56 am · Filed under Market Watch, infomine
Many sustainable investors will see the chaos in Ecuador as a sign of what happens when we take a chaotic approach to mining. In a nutshell, the government has threatened to pull the plug on 4,474 mining concessions throughout the country.
As of last Friday, the Ecuadorian government announced a 180-day suspension of activities on virtually all mining concessions in the country while a new mining law is approved. Read the rest of this entry »
April 24, 2008 at 11:52 am · Filed under Investment Review
Renewable energy companies in BC are jockeying for position in BC Hydro’s 2008 clean power call expected to be announced any time now. The call is an effort on BC Hydro’s part to align with the BC Energy Plan, which was released in February of 2007. The Plan mandates that as energy demand increases over the next couple of decades, BC should continue to generate 90% of its electricity from clean or renewable sources. Maintaining at 90% renewable electricity is a pretty steep goal, but the plan asks for more than that. It also stipulates that although BC is currently a net importer of electricity, by 2016 BC should be energy self-sufficient.
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April 20, 2008 at 11:39 pm · Filed under Investment Review, infomine
The US Energy Administration lauds Canada as a world leader in renewable energy. A full 60% of Canada’s electricity comes from renewable sources and, as a result, Canada enjoys the reputation of being renewable-friendly.
However, at the same time that geothermal energy is revealing itself to be one of the world’s most important solutions to meet increased energy demand, geothermal companies find BC a difficult place to develop projects. Experts point to factors including both the intractability of native land claims and stubborn geology. Also, the lack of government investment and incentives to support development of the important geothermal industry may be creating an impenetrable ceiling for the industry in this province.
Sierra Geothermal Power Corp (TSX.V:SGP) for example is a local geothermal company that has its corporate offices in Vancouver, but all its projects in Nevada.
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