South America has been a major beneficiary of the 2000s gold bull, party to some big discoveries by the mining companies flocking there.
Turkey has seen steady growth in gold production over the last decade or so. It is now host to 7 commercial-scale mines.
New Gold’s 2014 midpoint guidance has it producing 400k ounces of gold at all-in sustaining costs of $825 per ounce.
Mining companies that are non-producers obviously don’t generate any revenue. They are junior-level companies in various stages of exploration and/or development. And they primarily rely on investor capital to fund their operations.
Observing the ever-changing dynamics of gold’s structural fundamentals.
In 2012 mine production exceeded 24k metric tons, an all-time production high and a 28% increase over 2001: Where is this silver coming from?
In 2011 gold-mine production came in at an all-time record high. And in 2012 experts anticipate production to be even higher, edging above the previous year’s 87m-ounce tally. From the looks of it, the major source of gold’s supply is in fine fettle. But is the gold-mining industry truly healthy?
Hydrocarbons have become the lifeblood of this modern era.
With the world forging ahead in this modern industrial and technological era, the king of commodities continues to flex its muscles as the most indispensable of resources.
Nuclear power has been a hot topic of recent. And as a result, the price action of its input commodity has been quite schizophrenic. Investors and speculators are in a state of great wonderment over what to expect from this intriguing mineral that is mined for energy.
Nearly a year has passed since Molycorp hit the stock markets with its IPO. And considering this stock’s popularity today, it’s astounding that this IPO had flown under the radar for most investors. Last July MCP shares debuted below the pre-IPO targeted price range, and traded on the low side of that range for weeks before it finally caught a bid. MCP didn’t quite have the fanfare as say LinkedIn or other IPOs over the last year.
With the price of gold still hovering around all-time nominal highs, the miners are continuing to revel in their long season of prosperity. And with gold’s structural fundamentals still wildly bullish, these miners should be […]
Gold mining is a tough business. In the quest to meet growing global demand these miners are constantly barraged with challenge after challenge. They are attacked by environmentalists, targets of governmental meddling, purveyors of a […]
The adventures of trading junior resource stocks are meant for only a select breed. Yet even these risk-craving traders struggle with a cornucopia of emotions when putting their capital to work in this realm. This […]
Since most countries accurately report mine output, and several agencies catalog this information, we know where in the world gold is being produced. But where in the world are the juniors exploring for gold? Are […]
Last week the World Gold Council (WGC) released its highly-anticipated Gold Demand Trends (GDT) report for Q4 and full-year 2009. GDT reports contain analysis of independent data compiled by GFMS Limited detailing supply and demand […]
Ever since its secular bull kicked off in 2003, the once-boring base-metals sector took on an aura of excitement. What trader wasn't excited when copper, zinc, nickel, lead, and aluminum put together respective gains of […]
Gold's amazing run since September has mainstream analysts, who are normally gold-haters, lauding its virtues. All of a sudden gold is now an integral asset that all investors should own. Why this quick shift of […]