Populists stick to tradition of central bank-bashing ... If anyone still doubts the affinity between support for Trump in the US and for Brexit in the UK, they should look no further than the two movements' attitude to monetary policy. -Financial TimesThe "populism vs. globalism" meme is increasingly evident in the mainstream media just as we predicted, and analyzing it can generate considerable i...Read More
‘I fear for the country’ if Trump wins, Bill Weld tells Rachel Maddow ... Libertarian vice presidential candidate William Weld said the country will be in “chaos” if Donald Trump wins the presidency and praised Hillary Clinton during an interview with MSNBC’s Rachel Maddow Tuesday. - USA TodayBill Weld is hardly a libertarian. His informal endorsement of Hillary Cli...Read More
Brazil's mining giant Vale (NYSE:VALE), the world's biggest iron ore producer, may reconsider the sale of $10 billion of its best assets by the end of 2017 if market conditions remain favourable, a local media outlet reports.Vale swung to a net profit in the third quarter of the year helped in part by better prices for the commodities it mines, mainly iron ore and nickel.The Rio de Janeiro-based...Read More
World's largest mining company BHP Billiton (ASX, NYSE: BHP) (LON:BLT) sees electric cars as a major ally in boosting demand for copper, by far the poorest performer this year on the London Metal Exchange.The conventional internal combustion engine used in motor vehicles typically contains about 20 kilograms of copper, about half the total used in a hybrid vehicle, Vicky Binns, vice president,...Read More
In early trade on Tuesday copper for delivery in December touched one-month highs with copper futures exchanging hands for $2.2170 per pound ($4,887 a tonne).It was the seventh session in a row of gains for the red metal and the latest leg up was sparked by better than expected economic news out of China, responsible for nearly half the world's copper demand.Source: Singapore ExchangeChinese manu...Read More
The Stock Market Has a Favorite in the Election ... On the evening of Sept. 26, two interesting things happened. First, Hillary Clinton won a decisive debate victory over Donald Trump in the first presidential debate, as judged by prediction markets (and later, by polls). Second, financial markets abruptly experienced large, abnormal swings. Economists Justin Wolfers and Eric Zitzewitz have do...Read More
See my comments on reviewers' comments. ;-)https://www.youtube.com/watch?v=EZf01... (Part 1)https://www.youtube.com/watch?v=ABKGl... (Part 2)China Moon Landing (the full video)Read More
The Stock Market Has a Favorite in the Election ... On the evening of Sept. 26, two interesting things happened. First, Hillary Clinton won a decisive debate victory over Donald Trump in the first presidential debate, as judged by prediction markets (and later, by polls). Second, financial markets abruptly experienced large, abnormal swings. Economists Justin Wolfers and Eric Zitzewitz have do...Read More
Garibaldi Resources Corp. [GGI-TSXV] is an exploration company with properties in some of the most prospective mining regions of Mexico and British Columbia. At the company’s newly acquired Brass Hill area, within their expanded E&L Project, recent regional sampling of several sulphide and precious metal occurrences, “has returned exceptionally high zinc values and highly anomalous...Read More
Fashion icon Tommy Hilfiger tells us about his new memoir. Plus, Tommy addresses the rumors about the alleged comments he made about black people wearing his clothing.Read More
Near-term production and district-scale potential has attracted some of Canada's biggest and best-known gold investors to this junior gold mining stock. Investor's Digest of Canada columnist Richard Buzbuzian says Golden Predator Mining's 3 Aces project in an orogenic gold district in southeastern Yukon could be a very large discovery of very high-grade gold within the world's most desirable count...Read More
Shares in Canadian zinc producer Trevali Mining (TSX:TV) jumped more than 4% Monday after the company announced the discovery of a new high-grade zinc-lead-silver mineralization at its Santander mine, located in Peru.The stock was trading at Cdn$1.03 at 11:48 am ET, ore 4.04% more than its closing price on Friday and year to date it has more than double in value.The new high-grade zinc-lead-silve...Read More
Management consultants E&Y's latest report on mergers and acquisition and financing in the mining industry shows the environment for raising capital has been in steady decline since 2013 and the trend is likely to continue.Total capital raised during the quarter was $49.9 billion, down 17% from $60 billion in Q2. Capital raised was also down 3% to $172.2 billion in the first nine months of the yea...Read More
Looking south east over the Black Star Open Cut pit towards Glencore Mount Isa Mines surface infrastructure and the city of Mount IsaApart from steelmaking raw materials iron ore and coking coal, zinc is the best performing mined commodity in 2016. Trading at $2,374 a tonne, the metal is up 47% year to date.Zinc's prospects brightened considerably after the shutdown of two major mines last year -...Read More