Recent News

Commodity-TV: Gold investment insights with Frank Holmes

January 28, 2016 / www.youtube.com

Frank Holmes on the Importance of PMI Index & Performance of Gold Stocks in other Currencies.Interview with the CEO & CIO of U.S. Global.Read More

ZAYN - PILLOWTALK

January 28, 2016 / www.youtube.com

ZAYN's debut album 'Mind Of Mine' out now. Get it on Apple Music: http://smarturl.it/MindOfMine?IQid=yt Target Deluxe with 2 Bonus Tracks: http://smarturl.it/MindOfMineTarget?I... Stream/Add on Spotify: http://smarturl.it/MindOfMineSp?IQid=yt Amazon Music: http://smarturl.it/MindOfMineAMZ?IQid=yt Google Play: http://smarturl.it/MindOfMineGP?IQid=yt Stream on Deezer: http://smarturl.it/MoMdeezer?IQ...Read More

CHARTS: Chinese supercycle can't be repeated

January 27, 2016 / www.mining.com

In its 2016 Commodity Outlook published yesterday, the World Bank pays special attention to the impact of weak growth in emerging economies on commodity markets.The answer, unsurprisingly, is that a faster-than-expected slowdown in Brazil, Russia, India and China - especially if combined with financial stress - "could reduce commodity prices considerably" even after three years of sharp declines...Read More

Antofagasta to lift copper output in 2016 after missing last year's target

January 27, 2016 / www.mining.com

Los Pelambres remains Antofagasta's flagship mine, producing over 55% of the total group output. (Image courtesy of Antofagasta)Chile's Antofagasta (LON:ANTO) said Wednesday it plans to boost copper production in 2016 by as much as 17% after it missed its output target for last year.The mining group, property of the Luksic family -one of Chile's richest- said it produced 630,300 metric tons of th...Read More

Current mining downturn not a normal' one - Moody's

January 27, 2016 / www.mining.com

Ministro Hales copper mine in Chile. (Image courtesy of Codelco via Flickr)The continued rout in commodity prices that has severely hit the mining industry in the past year can't be considered a "normal" cyclical downturn, but rather, an unprecedented one, says Moody's in a new report released this week.The ratings agency, which recently placed 175 energy and mining firms at risk of downgrades, sa...Read More

Waiting to Buy

January 27, 2016 / www.thedailybell.com

The sharp sell-off in the stock market has some of Wall Street’s top strategists recommending to clients that they buy. “With the S&P 500 down 11.7% from its all-time high (2,130 in May 2015), investors are questioning whether a bear market is in the offing,” RBC chief equity strategist Jonathan Golub said on Tuesday. “History shows that sell-offs of 20% or more rarely...Read More

Advance of the Cashless Meme?

January 27, 2016 / www.thedailybell.com

The 50 most violent cities in the world … Latin America holds the undesirable distinction of having the most cities on the Mexico Citizens Council for Public Security's annual ranking of the world's most violent cities. Of the 50 cities on the list, 41 are in Latin America, including 21 in Brazil. – Business InsiderDominant Social Theme: Brazil? A showplace of Western economic...Read More

Waiting to Buy

January 27, 2016 / www.thedailybell.com

The sharp sell-off in the stock market has some of Wall Street’s top strategists recommending to clients that they buy. “With the S&P 500 down 11.7% from its all-time high (2,130 in May 2015), investors are questioning whether a bear market is in the offing,” RBC chief equity strategist Jonathan Golub said on Tuesday. “History shows that sell-offs of 20% or more rarely...Read More

Advance of the Cashless Meme?

January 27, 2016 / www.thedailybell.com

The 50 most violent cities in the world … Latin America holds the undesirable distinction of having the most cities on the Mexico Citizens Council for Public Security's annual ranking of the world's most violent cities. Of the 50 cities on the list, 41 are in Latin America, including 21 in Brazil. – Business InsiderDominant Social Theme: Brazil? A showplace of Western economic...Read More

One more reason you don't want to mine nickel

January 26, 2016 / www.mining.com

Slag tapping at Glencore's Sudbury Nickel Smelter. Image: GlencoreNickel was the worst performer in a pretty sorry commodities field in 2015. The steelmaking ingredient lost just shy of 42% of its value last year.What makes nickel's dismal year even more disappointing is that following Indonesia's ore ban at the outset of 2014, the stars seemed to align for the metal and analysts rushed to its de...Read More

Freeport-McMoRan reports 4Q loss on metals, oil slump

January 26, 2016 / www.mining.com

Freeport McMoRan's Grasberg is the world's largest gold mine and third largest copper operation. (Image from archives)Shares in Freeport-McMoRan (NYSE:FCX) rallied Tuesday morning even though the diversified US miner and oil producer reported a fourth-quarter loss bigger than the one logged in 2014.The stock was up more than 3% to $4.07 at 10:45 am ET, but it has dropped almost 40% since the star...Read More

Calcined bauxite poised for proppants recovery

January 26, 2016 / www.mining.com

The ceramic proppants sector is forecast to become the largest market for non-metallurgical bauxite by 2021, overtaking the refractories industry. Consumption of bauxite in refractories, both directly and via brown fused alumina, accounted for more than 20% of the total non-metallurgical bauxite market in 2015.Demand for calcined bauxite in production of ceramic proppants is expected to grow by mo...Read More

Track the Fed’s Unraveling

January 26, 2016 / www.thedailybell.com

The Fed’s phony mandate … How many times have we heard top Federal Reserve officials solemnly invoke the Fed’s “dual mandate” as the be-all, end-all justification for their monetary policy decisions? … But the so-called dual mandate was not exactly written in stone, it turns out. Rather, it has survived as a disturbing legislative artifact from some 40 years ago...Read More

Track the Fed’s Unraveling

January 26, 2016 / www.thedailybell.com

The Fed’s phony mandate … How many times have we heard top Federal Reserve officials solemnly invoke the Fed’s “dual mandate” as the be-all, end-all justification for their monetary policy decisions? … But the so-called dual mandate was not exactly written in stone, it turns out. Rather, it has survived as a disturbing legislative artifact from some 40 years ago...Read More

CHART: Stop panicking about Chinese growth

January 25, 2016 / www.mining.com

Fears of a hard landing in China have investors seeing redChinese leaders in October outlined the direction of the world's second largest economy over the next five years.The country's 13th five-year plan running from 2016 - 2020 calls for "medium-high economic growth" and doubles-down on a long-stated commitment to "double 2010 GDP by 2020".The 2020 GDP goal would require annual growth rates of 6...Read More

Hedge funds in major commodities rethink

January 25, 2016 / www.mining.com

Pushing bullish bets up a few barsWith weakness returning to equities and oil on Monday, gold futures trading in New York attracted brisk buying from investors eager for alternatives amid all the market turmoil.In afternoon trade gold for delivery in February, the most active contract, was exchanging hands for $1,106.60 an ounce, up more than $10 compared to Friday's close. Thanks to safe haven...Read More

Iran goes beyond oil - to sign $5.4bn in mining deals with Italy, France

January 25, 2016 / www.mining.com

Sarcheshmeh copper complex, operated by the National Iranian Copper Industries. (Image courtesy of NICICO)Iran's full-re-entry into the world energy market upon the lifting of sanctions has hurt oil prices further, sending them below the psychologically significant $30-a-barrel level last week.The question in everyone's mind now is how Iran's incursion into the mining industry will affect an al...Read More

Eldorado Gold to book up to $1.6 billion charge after halting work in Greece

January 25, 2016 / www.mining.com

Construction of a concrete batching plant at Skouries mine. (Image courtesy of Eldorado Gold)Canada's Eldorado Gold (TSX: ELD) (NYSE:EGO) said Monday it expects to write down the value of its assets in Greece by US$1.2 billion-US$1.6 billion, after it halted majority of its operations at one of its four projects in the European country.The Vancouver-based company has been at odds with the Greek go...Read More

Tommy Guerrero - Soul Food Taqueria (Full Album)

January 25, 2016 / www.youtube.com

0:00 Intro Lectric Chile Goat0:55 Abierto4:55 Organism9:02 Thank You MK12:54 Tatanka17:04 Interlude Train of Thought18:24 It Gets Heavy21:47 Thin Brown Layer26:28 Interlude So Many Years Ago27:13 Terra Unfirma31:18 Gettin' It Together34:40 Another Brother Gone37:09 Broken Blood40:58 Interlude And the Day Goes By42:25 Lost Unfound45:57 The Color of Life49:55 Falling AwakeOne of Tommy's best works....Read More

Bamboozlement of Bank Runs as World Goes Cashless

January 25, 2016 / www.thedailybell.com

Norway’s biggest bank DNB calls for the end of cash … Could Oslo become Europe’s first cashless capital? … Norway’s largest bank has called for the country to go totally cashless over fears of illegal activity. – UK Independent via Times of IndiaDominant Social Theme: Let’s focus on the bank runs while we build our cashless society.Free-Market Analysis: H...Read More

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