The fire fueling gold
Our model tells us that the tipping point for gold is when real interest rates go above the 2-percent mark.
Our model tells us that the tipping point for gold is when real interest rates go above the 2-percent mark.
Bernard Swanepoel offers some ideas on how miners can recover their reputation.
The narrative that existed in 2009–2010, when the commodity super cycle was the currency of all financial thinking, is unchanged.
Strike cost Anglo American Platinum more than 40,000 ounces in lost production, or $100 million in lost revenue.
The European Union has been urging the country to sell the heavily-subsidized firm.
Possible scenarios include lawsuits, trade retaliation or simply waiting for a new administration, while maintaining diplomacy and keeping up pressure.
Through September 30, 2013, the mill has produced approximately 1,600 tonnes of saleable concentrate.
Taseko Mines is optimistic that the federal government will this time give a green light.
"You’ve got to create the conditions under which people are able to participate in the workforce.”
Given all of the fundamental factors at play, the buying opportunity in precious metals is not likely to last much longer.