https://www.reuters.com/MELBOURNE (Reuters) – Australia's top coal hauler, Aurizon Holdings Ltd, is on course for a showdown with the world's biggest coal exporters after a regulator capped the revenue it can charge at A$1 billion ($783 million) less than the company sought.BHP Billiton, Glencore, Anglo American, Peabody Energy and others face cuts of nearly a tenth of their coal export volu...Read More
Gold is still a solid investment in a diversified portfolio, says Axel Merk of Merk Investments.Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sustainable wealth, and he is a pioneer in the use o...Read More
Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Mr. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was Vice President of the American Economic Association in...Read More
JOHANNESBURG (miningweekly.com) - ASX-listed Lucapa Diamond Company has announced its first diamond recoveries from the Mothae kimberlite mine, which it owns in partnership with the government of Lesotho.The largest of the diamonds recovered in the first rest run was 6.6 ct.AdvertisementThe diamonds were recovered through the existing bulk sampling plant and infrastructure at Mothae, which has bee...Read More
RAPAPORT... De Beers' joint venture with the Namibian government is seekinga buyer for its Elizabeth Bay operation, as the miner diverts resources to its marineprojects. Namdeb closed ElizabethBay between 2009 and 2011, when it revived it and gave it a projected lifespanof four years. While the mine is expected to continue to produce diamonds through 2019, itsoutput does not meet De Beers' needs....Read More
RAPAPORT... Alex and Anihas filed a countersuit against Sterling Jewelers, claiming the retailer breached a supply agreement between the two companies, according to court filings.In August 2015, the companies entered into anagreement whereby Sterling would purchase Alex and Ani merchandise to sell insome of its Jared stores. But Sterling, a division of Signet Jewelers, struggled tosell all the goo...Read More
The early-February sell-off in London Metal Exchange base metals seems to have run its course for now, but it may have not been as extreme as it could have been, ironically because of the growing influence of computerized trading systems.At the end of December last year, copper traded as high as $7,291.50 per tonne, and was pretty much maintained at solid levels comfortably above $7,000 for the fi...Read More
RAPAPORT... Alex and Anihas filed a countersuit against Sterling Jewelers, claiming the retailer breached a supply agreement between the two companies, according to court filings.In August 2015, the companies entered into anagreement whereby Sterling would purchase Alex and Ani merchandise to sell insome of its Jared stores. But Sterling, a division of Signet Jewelers, struggled tosell all the goo...Read More
Vista Gold Corp. (TSX: VGZ; NYSE-AM: VGZ) has completed a new prefeasibility study on its 100% owned Mt Todd gold project in Australia's Northern Territory that shows the project has the capacity to become the country's fourth largest gold mine.Vista acquired the project, located 250 km southeast of Darwin, in 2006, already decked out with infrastructure. Since then it has tripled the resource and...Read More
The early-February sell-off in London Metal Exchange base metals seems to have run its course for now, but it may have not been as extreme as it could have been, ironically because of the growing influence of computerized trading systems.At the end of December last year, copper traded as high as $7,291.50 per tonne, and was pretty much maintained at solid levels comfortably above $7,000 for the fi...Read More
The early-February sell-off in London Metal Exchange base metals seems to have run its course for now, but it may have not been as extreme as it could have been, ironically because of the growing influence of computerized trading systems.At the end of December last year, copper traded as high as $7,291.50 per tonne, and was pretty much maintained at solid levels comfortably above $7,000 for the fi...Read More
The early-February sell-off in London Metal Exchange base metals seems to have run its course for now, but it may have not been as extreme as it could have been, ironically because of the growing influence of computerized trading systems.At the end of December last year, copper traded as high as $7,291.50 per tonne, and was pretty much maintained at solid levels comfortably above $7,000 for the fi...Read More
The early-February sell-off in London Metal Exchange base metals seems to have run its course for now, but it may have not been as extreme as it could have been, ironically because of the growing influence of computerized trading systems.At the end of December last year, copper traded as high as $7,291.50 per tonne, and was pretty much maintained at solid levels comfortably above $7,000 for the fi...Read More
Via Soveriegnman.comLess than two weeks ago, the United States Department of Treasury very quietly released its own internal projections for the federal government's budget deficits over the next several years.And the numbers are pretty gruesome.In order to plug the gaps from its soaring deficits, the Treasury Department expects to borrow nearly $1 trillion this fiscal year.Then nearly $1.1 trilli...Read More
Just 15% of Americans think the government will bring us to a better future. 59% say the government is the most broken institution, followed by 21% who think the media is the worst.On the other hand, 29% of Americans think NGOs (non-governmental organizations) are the most likely institutions to lead to a better world followed by 22% who say businesses will take us where we need to be.Trust in gov...Read More
RESOURCEStocks: MOD has just announced a two-tier prefeasibility study for T3 which outlines a robust base case based on reserves and an expansion case using existing resources. What do you believe are the standout features of the base case scenario?Julian Hanna: The base case PFS model, in its own right as a standalone nine-year opencut mine, is very robust not just commercially but tec...Read More
Palisade Research February 12, 2018 Category: Research We first covered Firesteel Resources last November.Here's a little recap. . .Back in June 2017 Firesteel signed a joint venture (JV) agreement with Nordic Mines AB (NOMI) to operate the Laiva Gold Mine – a fully-permitted mine located in Finland. The project has C$325 million of prior exploration and development and the mill is only two...Read More
Palisade Research February 12, 2018Category: Research Here's a little recap. . .We first covered Firesteel Resources last November.Back in June 2017 Firesteel signed a joint venture (JV) agreement with Nordic Mines AB (NOMI) to operate the Laiva Gold Mine – a fully-permitted mine located in Finland. The project has C$325 million of prior exploration and development and the mill is only...Read More
The early-February sell-off in London Metal Exchange base metals seems to have run its course for now, but it may have not been as extreme as it could have been, ironically because of the growing influence of computerized trading systems.At the end of December last year, copper traded as high as $7,291.50 per tonne, and was pretty much maintained at solid levels comfortably above $7,000 for the fi...Read More