In an analysis by Bloomberg Intelligence, copper outperformed every major asset class aside from energy as an inflation hedge.
Investors Mining News
"When this market turns it will be a lot of fun again."
The move is likely to delay the launch of JPMorgan's new investment product, first publicly proposed in October 2010.
Latin American-focused Canadian miner B2Gold said Wednesday it will buy CGA Mining for $1.1 billion to gain access to the Masbate mine, the largest operating gold project in the Philippines.
Quebec is regarded as one of the most attractive jurisdictions in the world for mining, if not the very best. But is that about to change? The Parti Québécois victory in Wednesday’s election has raised concerns that changes could be coming, both to Quebec’s mining-friendly tax regime and to Plan Nord, its $80-billion northern development strategy.
Instead of the lauded $6 billion in mining invested forecasted for 2013 earlier this year, SNMPE says the country’s sector will attract about $4 billion.
Early indications are that Obama's job speech last night failed to impress. Europe is down, or essentially flat. Gold is rallying for a second straight day ..