Oil, Asian stocks rout deepen miners wounds
Miners suffering fresh sell-off as oil price falls and the IMF lowers growth forecast for China, rattling investors.
Miners suffering fresh sell-off as oil price falls and the IMF lowers growth forecast for China, rattling investors.
The strategy is to explore and build a mine in phases for the least amount of time and upfront investment dollars with subsequent investment based on continued success.
Already beset by plummeting metal prices, BHP Billiton and Rio Tinto now face a new challenge – preparing their shareholders for sharply lower dividends.
Three of the world's top mining companies are now trading over 90% below their boom year highs as the 2016 commodity sell-off gathers pace.
The world’s most famous hyperinflation event, which took place in Germany from 1921 and 1924, was a financial calamity that led millions of people to have their savings erased.
One of the highlights was the purchase of the used Rock Creek mill at a severe discount.
Tahoe Resources Inc. (TSX, BVL: THO, NYSE: TAHO) is pleased to announce mine production results for 2015 and to provide production and cost guidance for 2016.
Iron ore price already down 8% in 2016, despite a surge in Chinese imports to 96 million tonnes in December, pushing 2015 cargoes to an all-time high.
Among hightlights, 22% increase in production year-over-year to 154,529 gold equivalent ounces(1) in 2015.
Gold is the big exception with managed money futures investors slashing bearish bets on the gold price by 44%.