June 19, 2012

Comparing the 2012 bottom to past bottoms

Mark Twain said that history doesn’t repeat itself but it rhymes.

June 19, 2012

Rio Tinto invests $600 million to extend life of Utah copper mine

Rio Tinto Copper's Chief Executive, Andrew Harding, said the investment will secure low cost copper, gold and molybdenum production for the company in next two decades.

June 19, 2012

Maya Gold & Silver announces non-brokered private placement CAD 7.5M and CAD 8.0M debt financing to re-start Zgounder silver mine in Morocco

Maya Gold and Silver intends to gross proceeds of up to $7.5 million through the sale of 30,000,000 common shares.

June 18, 2012

Nautilus dispute with Papua New Guinea authorities threatening underwater mining future

Canada-based Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) said Monday that despite several meetings with Papua New Guinea's government representatives in the last two weeks, the company is still battling authorities in regards…

June 17, 2012

End of the supercycle is also spelling the end of radical resource nationalism

"Natural resources companies with a pipeline of, say, five projects in five different countries are now likely to build just two or three of those. Thus, executives have the power…

June 17, 2012

Australia: Mine, all mine

By having too much of a good thing, the argument goes, Australia, or the “quarry in China’s backyard”, has become too dependent on commodity-led growth. That has made it lazy…

June 17, 2012

Why I’m buying this global mining giant

Diversified Australian resources company BHP Billiton (NYSE: BHP) has its hands in nearly every commodity that can be pulled out of the ground.

June 15, 2012

Dia Bras announces termination of letter of intent to acquire Plexmar

Plexmar announced that the letter of intent dated April 17th, 2012 between Dia Bras and Plexmar has been terminated.

June 15, 2012

End of an epoch as Hong Kong exchange takes over 135-year old LME

The three losing bids were all from the US and the deal marks a decisive shift in the commodities trading business away from Chicago and London to Asia.

June 15, 2012

Gold-silver ratio path not necessarily bullish for silver investors

Although the historic gold-silver ratio may be around 16:1 current patterns do not suggest any likely return to this level - indeed the ratio may yet get worse for silver…