McEwen charms investors at PDAC
“Gold is money. If you don’t have gold, you better get some,” says Rob McEwen, chairman and CEO of McEwen Mining (MAQ-T, MUX-N), in a corporate presentation at the Prospectors and Developers Association of Canada’s…
Commodities Markets
Editorial: McEwen bets on innovation, calls $200 silver
Rob McEwen is known for thinking outside the box, so it wasn’t surprising to learn that McEwen Mining — a company he created in January through the combination of U.S. Gold and Minera Andes, in which he owns a 25% stake — is…
China’s commodity super cycle is over: Credit Suisse’s Tao
The golden age of China’s infrastructure investment, housing boom, exports and policy stimulus is behind us, argues Dong Tao, Credit Suisse’s head of non-Japan Asia Economics, in a March 5 report to clients.
Facts ‘n’ figures: Record US$18B spent on exploration in 2011, says Metals Economics Group
The following is an excerpt from the Metals Economics Group’s Worldwide Exploration Trends 2012 report based on the firm’s Corporate Education Strategies series of studies. The exploration budgets in the report include spending for…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, March 5, 2013 Precious MetalsPrice…
Commentary: US industry relies too much on Chinese REEs
The following letter was sent to U.S. President Barack Obama by members of congress Mike Coffman, Hank Johnson, Leonard Boswell, Cynthia M. Lummis, Dana Rohrabacher, Cathy McMorris Rodgers, Tom Latham, Walter B. Jones, Paul A. Gosar and Donald…
Editorial: Lowell and Rebagliati urge free thinking
The Prospectors and Developers Association of Canada kicked off its annual convention in Toronto with a panel discussion on what makes a successful mineral explorer.
Copper prices to ease but “not massively so,” Wood Mackenzie says
Wood Mackenzie is forecasting global demand growth for copper this year of 3.6%, a copper deficit of about 100,000 tonnes and LME cash prices averaging US$8,700 per tonne or US$3.95 per lb., down from an average of US$8,800 per tonne or US$4.00…
China’s commodity super-cycle is over, Credit Suisse economist says
The golden age of China’s infrastructure investment, housing boom, exports and policy stimulus is behind us, Dong Tao, head of non-Japan Asia Economics argues in a March 5 report to clients.
Commentary: The United States of Withdrawal
Benjamin Franklin wrote that, in this life, nothing is certain but death and taxes. Well, if you are in the business of developing mineral or energy projects in America, there is one more certainty to add to the list: lawsuits!
Editorial: All eyes on gold
Volatility returned with a vengeance to the gold markets as February drew to a close. The spot gold price tumbled US$92.10, or 5%, in a matter of hours to US$1,691.80 per oz. at presstime, resulting in the biggest one-day loss since…
Copper market more balanced in 2013-2014
Copper could see above-trend production increases in 2012, Bank of America Merrill Lynch asserts in a Jan. 24 report on base metals. The bank’s global commodity research team forecasts a more balanced market by 2013, “which could…