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Mining
Brazil mining disaster: victims bring £36 billion case in UK court
When the Mariana dam burst in 2015 it created Brazil’s worst environmental disaster. The dam had been holding back mining waste so when it burst, a huge wave of toxic liquid burst down a river valley, killing 19 people. Today, one of the largest class action lawsuits in British legal history began at the High Court on behalf of more…
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Mining
Editor’s Picks: Mining M&A Continues, “Big Short” Investor Burry Out of Gold?
M&A was in the air again this week, with Gold Fields announcing plans to acquire Osisko Mining for C$2.16 billion. Meanwhile, gold was in focus as Michael Burry of “The Big Short” fame reportedly sold the Sprott Physical Gold Trust shares that he bought in Q1. This video was filmed on August 15, 2024. #Investing #Mining #Gold 0:00 – Intro…
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Mining
Why Copper Demand Is Skyrocketing
Demand for copper is surging. The red metal, considered a barometer for economic health, is a vital component for the construction and defense industries as well as a key ingredient in electric cars, wind turbines and the power grid. Offshore wind, for example, requires about “three times as much copper as does coal-fired power generation in terms of tons per…
Read More » Red Bull Has Built A Hypercar…
This is the Red Bull RB17 – and it’s much more than F1 design genius Adrian Newey’s greatest hits amalgamated into a hypercar. Sure, this £5m, track-only spaceship has the likes of a blown diffuser and Newey’s favourite Formula 1 engine configuration (a naturally aspirated V10) but the RB17 is instead what happens when Newey isn’t trying to find loopholes…
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