Oyu Tolgoi, a copper-gold mine in the South Gobi region of Mongolia, approximately 550 km south of the capital Ulaanbaatar, holds one of the largest undeveloped high-grade copper deposits in the world. (Image courtesy of Oyu Tolgoi LLC)Rio Tinto (ASX, LON:RIO) secured Tuesday a multi-billion agreement to finance a huge expansion of its giant Oyu Tolgoi copper-gold open pit mine in Mongolia and sa...Read More
The Canadian Mining Eye index declined 17% during Q3 2015, compared to a 4% gain in Q2 2015. The Canadian Mining Eye index underperformed the S&P/TSX Composite index which slipped 9% during the quarter. The London Metal Exchange index (LMEX) declined 9% over the quarter.The S&P/TSX Composite Metals and Mining index witnessed a significant plunge of 26% due to extremely bearish sentiment during the...Read More
Taking The Temperature Of The U.S. Economy. Is It Healthy? … Seven years ago, the Federal Reserve cut interest rates to zero. David Greene talks to David Wessel of the Hutchins Center at the Brookings Institution about what impact this has had on the economy. – NPRDominant Social Theme: After so much time at the zero bound it's time to hike.Free-Market Analysis: This transcript fro...Read More
Francois Hollande is more popular than ever. So why is his party still losing? … François Hollande has not been a particularly lucky president so far. Saturday might have been a high point for the troubled politician: Under his leadership, delegates from all over the world agreed to a new climate treaty to stop global warming. – Washington PostDominant Social Theme: Hollande is...Read More
Taking The Temperature Of The U.S. Economy. Is It Healthy? … Seven years ago, the Federal Reserve cut interest rates to zero. David Greene talks to David Wessel of the Hutchins Center at the Brookings Institution about what impact this has had on the economy. – NPRDominant Social Theme: After so much time at the zero bound it's time to hike.Free-Market Analysis: This transcript fro...Read More
Francois Hollande is more popular than ever. So why is his party still losing? … François Hollande has not been a particularly lucky president so far. Saturday might have been a high point for the troubled politician: Under his leadership, delegates from all over the world agreed to a new climate treaty to stop global warming. – Washington PostDominant Social Theme: Hollande is...Read More
A $4 billion finance package for the expansion of Rio Tinto's (LON:RIO) Oyu Tolgoi copper and gold mine in Mongolia is likely to be approved this week in Ulan Bator, the capital.Operator Turquoise Hills (TSE, NYSE:TRQ), which owns 66% of the massive project in the Gobi Desert, has long forecast that the deal will be signed before the end of 2015. But, according to the Australian Financial Review...Read More
Sudbury, ON (December ?EUR< 14, 2015) - Canada's Ultra-Deep Mining Network (UDMN) continues to make strides in solving the challenges that impact resource extraction in ultra-deep (below 2.5km) environments launching new Call for Proposals and Network Members share the stage highlighting their innovative solutions and commercially viable products.The $46 million NCE business-led network, now in it...Read More
Codelco's Chuquicamata is the world's largest open pit copper mine.The world's biggest copper miner, Chile's Codelco, will continue reining in costs next year rather than curbing output to navigate a slump in prices that are hitting fresh six-year lows almost daily, the company's chief executive Nelson Pizarro has said.In a weekend interview with local newspaper El Mercurio (in Spanish), Pizarro...Read More
Ian Ball brings us Abitibi Royalty Search, an online platform where mining companies in need of financing can easily submit geological data on their projects for consideration. In the mining sector above average capital allocation yields above average results.The bottleneck in efficiency is in equipment provider innovation. Ian sheds light on our current position in the commodity market cycle, he...Read More
Millrock Resources (MRO - TSXV) is a mineral exploration company following the prospect generator business model. That means Millrock generates exploration targets and finds deeper pocketed partners to pay for the expensive stuff like helicopter rentals and drilling, while Millrock usually retains a project interest, and earns money for managing the work programs.A lot of successful mining investo...Read More
Larry Kudlow: I've Changed. This Is War. Seal the Borders. Stop the Visas … A hardline shift from an immigration reformer. I know this is not my usual position. But this is a war. Therefore I have come to believe there should be no immigration or visa waivers until the U.S. adopts a completely new system to stop radical Islamic terrorists from entering the country. A wartime lockdown. An...Read More
Is ISIS Simply A "Saudi Army In Disguise"? … Something major missing. In recent weeks I have been increasingly unsatisfied by the general explanations about who is actually pulling the strings in the entire Middle East plot or, more precisely, plots, to the point of reexamining my earlier views on the role of Saudi Arabia. – New Eastern OutlookDominant Social Theme: The House...Read More
Larry Kudlow: I've Changed. This Is War. Seal the Borders. Stop the Visas … A hardline shift from an immigration reformer. I know this is not my usual position. But this is a war. Therefore I have come to believe there should be no immigration or visa waivers until the U.S. adopts a completely new system to stop radical Islamic terrorists from entering the country. A wartime lockdown. An...Read More
Is ISIS Simply A "Saudi Army In Disguise"? … Something major missing. In recent weeks I have been increasingly unsatisfied by the general explanations about who is actually pulling the strings in the entire Middle East plot or, more precisely, plots, to the point of reexamining my earlier views on the role of Saudi Arabia. – New Eastern OutlookDominant Social Theme: The House...Read More
IG: @brandonboredSNAP: fun_brandonVINE: @brandonLOVESYOU FACEBOOK: www.facebook.com/bananastudBen Furney's IG: @ben_furneyRead More
Diamond sorting in Kimberley, South Africa late 1800s. Source: Miningartifacts.orgOn Tuesday Anglo-American announced a "radical portfolio restructuring".Radical indeed.The company with roots going back more than a hundred years to South Africa's gold and diamond fields said it would cut around 85,000 employees, or almost two-thirds of its workforce.That's up significantly from the already eye-wat...Read More
Seafloor exploration equipment. (Image courtesy of Nautilus Minerals)Canadian seafloor miner Nautilus Minerals (TSX:NUS) said Friday it has scored a fresh offtake deal for its upcoming deep-sea operation off the coast of Papua New Guinea with Chinese smelting company Tongling Nonferrous Metals Group.The new agreement replaces the previous three-year contract that would have seen Nautilus supply...Read More
Arizona real estate guru, Scott Gibson, discusses his real estate career, his passion for yoga, and how they all tie together in creating an epic life for yourself.Don't miss this one!Hit play!SUBSCRIBE FOR DAILY CONTENT!!http://www.youtube.com/subscription_c...Receive GSD MODE Episodes Directly to your inbox at http://www.gsdmode.comToday's Sponsors:Perfect Storm - http://www.perfectstormnow.com9...Read More