Alcoa CEO reckons great scope for aluminum to replace copper
Alcoa Inc. (AA.N) Chief Executive Klaus Kleinfeld said on Tuesday that no one is happier to see copper prices climbing than he […]
Alcoa Inc. (AA.N) Chief Executive Klaus Kleinfeld said on Tuesday that no one is happier to see copper prices climbing than he […]
Last year Greece was in trouble. A year later the problem has deepened. While Greece may need up to 70 billion euros ($100 billion), on top of the existing EU-IMF loan, to keep from going bankrupt as it is unlikely to be able to return quickly to international borrowing markets sadly I think the country is doomed: Portugal, Ireland, and Spain are also drowning in debt.
School's out for the summer and junior explorers are back in the field commencing summer drilling programs. That's what makes early summer a good time to seek out bargains in the junior equity sector, according to Fraser Mackenzie Analyst Mike Starogiannis. In this exclusive interview with The Gold Report, Mike offers some promising names from Canada to Peru (where, yes, it is winter).
Cash-strapped ex-Soviet republic Belarus is negotiating the sale of its most prized asset, the potash producer Belaruskali, under the terms of a $3bn bail-out loan agreed this month with Russia, the Wall Street Journal reported on Tuesday. Responsible for one-third of the worlds potash fertiliser production, Belaruskali could be worth as much as $20bn. A frontrunner for a takeover is Russia's top producer Uralkali owned by billionaire Suleiman Kerimov. The combined group would easily push Canada's Potash Corp. from the top producer spot.
In a recent National Post article about gold’s rising price versus the languishing prices of gold equities, Mining Reporter Peter Koven quoted […]
The Association for Mineral Exploration BC (AME BC) today thanked the federal government for its continued support of the mineral exploration tax credit, and reducing red tape. The federal budget includes an extension to the 15 per-cent Mineral Exploration Tax Credit to March 31, 2012. This important tax credit helps companies raise capital by providing an incentive to individuals who invest in flow-through shares for mineral exploration in Canada.
Will the US oilpatch get flooded with Canadian juniors looking to build and sell production to the new Canadian energy income trusts? Trusts are now allowed in Canada again – but with foreign assets.
The World Gold Council released its Gold Demand Trends for the first quarter of 2011 last month. Not surprisingly, gold demand grew 11 percent compared with the first quarter of 2010, as the average gold price for the quarter rose 25 percent year-on-year. It’s an as-expected quarter. But there are definitely some surprises. Let’s take a look at just where that demand growth came from.
The fear around nuclear energy is palpable. The catastrophic events in Japan on March 11 have put a damper on the momentum of what was fast becoming a nuclear renaissance. For the past several years, nuclear proponents promoted nuclear energy as a clean, efficient, reliable and safe alternative to dirty fossil fuels, and the world agreed.
If gold were generally accepted as collateral in global monetary dealings, would we see it used as such? Strangely enough, no! In certain transactions, however, where no other collateral –whether currencies, government bonds and the like— is used, gold may be used, as a last resort.