SOURCE: [MINING.com] - Lower oil prices in concert with currency devaluation versus the U.S. greenback in established mining jurisdictions like Mexico and Canada could translate into sustainably increased operating margins at some operations and a rally in precious and base metals equities, says Shane Nagle, mining analyst with Toronto-based National Bank Financial. In this interview with The Gold... [Read more...]
SOURCE: [MINING.com] - Saskatchewan is the most attractive jurisdiction for mining investment in Canada, and the second best worldwide, according to the latest annual global survey of mining executives released Tuesday by the Fraser Institute.
Canada’s policy think-tank’s Annual Survey of Mining Companies 2014, rates 122 jurisdictions around the world based on their geologic appeal and the... [Read more...]
SOURCE: [Uranium Investing News] -The uranium spot price could be in for some big moves this week following major accidents last week at Rio Tinto’s (ASX: RIO,NYSE:RIO,LSE:RIO) Rössing mine in Namibia and BHP Billiton’s (ASX:BHP,NYSE:BHP,LSE:BLT) Olympic Dam in Australia.
Rössing and Olympic Dam are two of the world’s biggest uranium mines, and accounted for 8 percent of global uranium supply... [Read more...]
SOURCE: [mining.com] - Brazil’s Vale (NYSE:VALE), the world’s largest producer of iron ore, continued to flood the market with product in 2014 despite sharply lower prices.
In the fourth quarter, the mining giant increased its output of the steelmaking ingredient to 82.97 million metric tons, 2.1 percent more than Q4 of 2013, bringing its total output in 2014 to a record 319.22 million tons. That... [Read more...]
SOURCE: [Advisor Perspectives] - The release this week of the minutes from the Federal Reserve’s Jan. 28 meeting sparked a frantic hunt for fresh clues about the timing and pacing of a federal funds rate hike. The question no one seems to be asking is once the Fed commences down the road of raising rates, how far will they ultimately go? Based on research we’ve conducted on the impact of higher... [Read more...]
SOURCE: [Reuters] - Platinum's discount to gold hit its highest level on Friday since the gold price crash of April 2013, as concerns over the euro zone outlook lifted demand for the yellow metal as a haven, while dampening sentiment towards platinum.
Prices of the white metal fell to 5-1/2 year lows on Friday, weighed by concerns that turmoil in the currency bloc could hurt demand from the European... [Read more...]