Study shows copper price fall matches previous down-cycles going back to 1975, but expect a long painful slog before a sustained recoveryIt's been a brutal November for copper which despite a nice bump on Tuesday is down more than 10% during the month.In New York on Tuesday copper gained 2.5% to $2.06 a pound after coming dangerously close to dropping through $2.00 on Monday, the lowest since Mar...Read More
Illegal mine in Colombia's Choco province. (Image from archives)A sudden boom in illegal gold mining in Colombia is fuelling human trafficking and forced labour in and around mines loosely connected to paramilitary groups, drug traffickers and leftist guerrillas, according to Aljazeera.In an in-depth report, the news outlet reveals that small-scale miners are being forced out at gunpoint or extort...Read More
Chile's Escondida, the world's largest copper-producing mine. (Image courtesy of BHP Billiton)More than 18,600 km from Beijing, in copper-rich northern Chile, beleaguered miners are barely coping with the impact of China's economic slowdown.The situation is worse than many think, according to the country's mining industry group Consejo Regional Minero de Coquimbo (Corminco), which represents some...Read More
What percent of Canada's minerals are produced in Manitoba? How much mineral potential does the province have?Learn about this, as well as mining's contributions to Manitoba in wealth and safety.Courtesy of: Visual CapitalistPresented by: Mining Association of ManitobaMining in Manitoba had humble beginnings. Settlers of the province needed non-metallic raw materials, and began to extract salt fro...Read More
Fed to hike at every meeting in 2017 … RBC chief economist Tom Porcelli forecasts … Markets are indicating about a 75 per cent chance of a US rate increase next month, the first in almost a decade. An interest rate increase by the United States Federal Reserve on December 16 is almost a "foregone conclusion" and the central bank looks set to lift rates at every second meeting...Read More
More than 30 "White Student Union" pages created on Facebook in last week … The creation of an "Illini White Student Union" Facebook page that surfaced Nov. 18 in response to a "Black Student Solidarity Rally" at the University of Illinois at Urbana-Champaign gained national attention, but apparently it's just the tip of the iceberg. Over the last week, at l...Read More
Fed to hike at every meeting in 2017 … RBC chief economist Tom Porcelli forecasts … Markets are indicating about a 75 per cent chance of a US rate increase next month, the first in almost a decade. An interest rate increase by the United States Federal Reserve on December 16 is almost a "foregone conclusion" and the central bank looks set to lift rates at every second meeting...Read More
More than 30 "White Student Union" pages created on Facebook in last week … The creation of an "Illini White Student Union" Facebook page that surfaced Nov. 18 in response to a "Black Student Solidarity Rally" at the University of Illinois at Urbana-Champaign gained national attention, but apparently it's just the tip of the iceberg. Over the last week, at l...Read More
Large scale futures investors like hedge funds or so-called managed money have entered an unprecedented bearish position towards commodities markets.According to the Commodity Futures Trading Commission's weekly Commitment of Traders data, five weeks of selling has seen 13 of the 24 commodities tracked pushed into net short positions.Those include the major commodities like crude oil, gasoline, go...Read More
The expansion of the definition of indigenous communities' benefited Quechua-speaking highland groups.A recent decision by Peru's government to require mining companies to carry out prior consultation with indigenous communities is set to further complicate the investment climate at a time when the sector is struggling as a result of low prices and a slowdown in investment. On 12 November, Deputy...Read More
Immersive Technologies has been providing analytics and reporting to identify operator training needs tied directly to Los Bronces site objectives. This in turn provided focus for simulator based training activities which precisely targeted and closed performance gaps. The site has had early reports of 25% reduction in body up ground speeds, 60% reduction in overspeeds and 62% reduction in service...Read More
After five trying years, RAB Capital Founder and President Philip Richards sees the light at the end of the tunnel. In this interview with The Gold Report, he argues that a continued zero-interest-rate policy from the Fed will be good for gold and silver, while continued quantitative easing will be good for base metals. Many fine mining companies now trade at deep discounts relative to their NPVs,...Read More
Doctor copper, can no longer be viewed as a leading indicator, in fact, a name change might be in order. A change of name from Dr Copper to deadbeat copper might in order, given its dismal record over the years. After the financial crisis of 2008-2009, the economy, the stock markets and copper parted ways; while the markets and the economy trended higher, copper plunged into an abyss, and it is...Read More
The United States Has To Lead … Former Secretary of Defense Leon Panetta thinks the United States has not provided strong enough leadership in the battle to defeat ISIS. "I think the U.S. has to lead in this effort because what we've learned a long time ago is that if the United States does not lead, nobody else will," Panetta told Chuck Todd on NBC's "Meet the Press.&...Read More
Syrian refugees are not a threat to U.S. … The fact that one of the Paris terrorists was posing as a Syrian refugee has caused some to ask whether one of the lessons of the Paris attacks is either to end or to "pause" accepting Syrian refugees into the States. The U.S. House of Representatives overwhelmingly passed a bill Thursday to pause the relatively small number of Syrian refu...Read More
The United States Has To Lead … Former Secretary of Defense Leon Panetta thinks the United States has not provided strong enough leadership in the battle to defeat ISIS. "I think the U.S. has to lead in this effort because what we've learned a long time ago is that if the United States does not lead, nobody else will," Panetta told Chuck Todd on NBC's "Meet the Press.&...Read More
Syrian refugees are not a threat to U.S. … The fact that one of the Paris terrorists was posing as a Syrian refugee has caused some to ask whether one of the lessons of the Paris attacks is either to end or to "pause" accepting Syrian refugees into the States. The U.S. House of Representatives overwhelmingly passed a bill Thursday to pause the relatively small number of Syrian refu...Read More
The International Edition of the German investment newsletter Stock-Telegraph.Video-Webinar with David Racz, President of Naturally Splendid USA (the parent company Naturally Splendid Enterprises is trading on TSX-V: NSP) and Peter Epstein of www.epsteinresearch.com.The interview was taped on April 27, 2015.Read More
The International Edition of the German investment newsletter Stock-Telegraph.Video-Webinar with Craig Goodwin, CEO of Naturally Splendid Enterprises Ltd. (TSX-V: NSP) and Peter Epstein of www.epsteinresearch.com.The interview was taped on April 16, 2015.Read More
After the ugliness in Alabama, when Trump supporters beat a black protester, Trump took to Twitter. His campaign retweeted a racist chart with made-up statistics originally tweeted by a neo-nazi. Cenk Uygur, hosts of the The Young Turks, breaks it down. Tell us what you think in the comment section below."On Sunday afternoon, @realDonaldTrump, the official Twitter handle of the Republican presiden...Read More