Finding opportunity in silver, the Devil’s metal: Chris Thompson
Silver has been called the most volatile of metals. But volatility produces opportunity, according to Chris Thompson, a top-ranked StarMine analyst with Haywood Securities.
Silver has been called the most volatile of metals. But volatility produces opportunity, according to Chris Thompson, a top-ranked StarMine analyst with Haywood Securities.
“Where the industry previously lacked investment opportunities and choice, it now has more projects than cash flows. All of us in the industry are having to make choices.”
African Barrick Gold (LON:ABG) has decided to pay the Tanzanian government an extra 1% in royalties, in light of the current gold price environment.
First Majestic Silver Corp shed most on the day and industry bellwethers Silver Wheaton and Pan American Silver both hit 52-week lows.
Forget about precious metals, oil or pork bellies: For commodities traders, iron ore is the new Shangri-La.
John Hathaway is and will remain bullish on gold, the advice he most often gives mining companies and the investing advice that has stayed with him for almost 50 years.
FLSmidth has been awarded a contract worth approximately USD 65m (DKK 370m) from the long-term customer Vale for the supply of Material Handling equipment to the Port of Nacala in Mozambique.
The net loss for the third quarter ended March 31, 2012 totaled $5.3 million or $0.12 per share as compared to a net loss of $1.6 million or $0.04 per share for the same period in 2011.
Lake Shore Gold added 8.2% on Thursday after announcing positive financial and operating results for the first quarter as it accelerates a $160 million capex programme for the year.
The fire began at 11:50 pm yesterday, and was extinguished at approximately 4:30 am this morning. Proper emergency procedures were followed and there were no injuries to staff or emergency workers during the incident.