Quebec's $1 billion Capital Mines Hydrocarbures fund is close to buying equity stakes in mining projects outside iron ore worth as much as $200m a shot.
Despite their recent underperformance, David H. Smith, Senior Analyst with The Morgan Report, remains bullish on precious metals, especially silver and palladium, as the "love trade" heats up and the global economy adds more debt to the system.
The main point of contention is the fact that mining companies believe that once they reached a 26% black ownership, they effectively complied, no matter where the percentage is at now.
Up until recent years, the momentum associated with space exploration had more or less fizzled. While it would seem that rapid innovation is occurring in every other technology field worldwide, the hardware and business models used in space exploration have remained static aside from small, incremental improvements.
In this interview with The Mining Report, Richards discusses his outlook for oil, gold, vanadium, zinc and nickel, and profiles companies with projects that will see the light of day even in harsh price environments.
Since Tommy regularly spends time with the sharpest minds of the natural resource sector (Lundin, Gisutra, Casey, etc.), we know how valuable his perspective is.
Instantly, the chat rooms filled with prognosticators debating the merits or lack thereof for Apple’s next big thing. But Apple’s announcement is both less and more important than you might think.