"Buy the TSXV" was the advice Michael Ballanger, investment advisor for Union Securities Ltd., sent to his clients the morning after the Dow Jones Industrial Average lost 698 points, the worst loss since 2008. In this exclusive Market Conditions Update for The Gold Report, he explains why he sees the current climate as "extremely gold-and-silver friendly."
An Australia Ministerial media statement announces that more than 15 000 people are expected to attend the Skills West Expo in Perth August 19-21, which will promote in-demand occupations such as mining, construction, health, education, finance, entertainment and recreation.
“The expo will showcase these occupations by providing a direct link to companies and educational institutions,” [Development Minister] Mr. Collier said. “It will prove ideal for students starting their careers or people looking to make a change through training and education.” With more than $225billion worth of resource or infrastructure projects either committed to or under consideration in WA, there is a clear need for skilled workers in a wide range of industries and occupations.
NTVKenya reports that a rare earth company in Kenya is facing angry opposition from residents who want the company to stop exploration work. The project is located on the south coast, 85 kilometers from Mombasa. The exploration license was issued to Cortec Mining Kenya, a South African company that was incorporated in Kenya last year.
connected to the oil lobby was recently outed for setting up fake Twitter accounts that supported the controversial oil sands pipeline. Here are a few social media rules to remember next
I was recently asked in an interview if I thought gold was going to $5,000 an ounce. “No,” I said bluntly. “I think it’s going higher.” “You’re that optimistic?” “No,” I replied. “I’m that pessimistic.”
Today, you will hear that gold is rising to record highs. You will hear talk of it entering a ‘bubble’ again. This is entirely the wrong perspective!
A tough-talking mining company CEO is warning that Australia suffers from "rich country's disease" and is in danger of becoming a welfare state unless workers discover a "hunger for excellence." The Sydney Morning Herald reports that Andrew Michelmore — the former head of Western Mining Corporation and now chief executive of Chinese government dominated MMG, based in Melbourne — said he lamented the immobility of the Australian workforce and the resulting skills shortage in remote areas such as Western Australia's Pilbara.
As gold powers through the $1700 an ounce level, and after years of being warned, people are only now beginning to concede to the fact that the current fiat system of money is faltering and that gold plays an integral part of the world’s monetary system.
Reuters reports Canada's IPO market could roar back to life in the final months of 2011 after a dismal first half – but only if a fresh bout of global market turbulence doesn't overwhelm any revival. Investment bankers say commodity producers could get the market sailing again once the summer doldrums are over. In contrast to new listings mergers and acquisitions in the mining sector have stayed robust in 2011 and Canadian companies – both as acquirers and as the targets of buyers – dominated corporate finance activity in the first half shaking on 325 deals and accounting for almost two-thirds of all the metals and minerals transactions carried out around the world.
A new attention-grabbing website that attempts to draw a distinction between Alberta's oil sands and what it calls "conflict oil" extracted by undemocratic regimes may become a victim of its own success.