Canaccord Analyst Expects Industry Gold Costs of $1,189 per ounce Over Next 3...
Canaccord analyst states that that the average gold producer’s costs over the next 3 years will be about $1,189 per ounce. This is a fairly low estimate. It suggests that a lot of higher cost supply...
View ArticleGuatemalan Gov’t Declares State of Emergency Over Anti-Mining Riots
Tahoe Resourcess is a $2 billion market cap silver miner in Mexico. Tensions are heating up big time in Guatemala where Tahoe has a major project underway. As this article from Mining.com says, the...
View ArticleEarth Resource Group Says Gold Costs up 17% per Year Since 2008 to $1,400 per...
I continue to post commentary about all-in costs of the gold industry. The majors have been reporting 1st quarter results suggesting a range of $1,150 to $1,450 per ounce. This Mineweb article says...
View ArticleBrazilian Gold Project Disappoints Investors With its Pre-Feasibility Study
Mining.com, May 7, 2013. Belo Sun Mining dropped as much as 37% on Tuesday as investors reacted negatively to a Pre-Feasibility study for its Volta Grande gold project in central Brazil. By mid-morning...
View ArticleFranco-Nevada Vote of Confidence in Midas Gold, Advances $14.65 Million
VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 7, 2013) – Midas Gold Corp. (MAX.TO) today announced that it entered into a US$ 15.0 million transaction with Franco-Nevada Corporation (FNV.TO) whereby...
View ArticleLabor Talks in South Africa Looking Troublesome Again
GRONINGEN (MINEWEB) – South Africa’s latest set of gold sector wage negotiations are already getting heated and they are only actually due to start next month. Since waves of unrest began buffeting the...
View ArticleResource Nationalism in Zambia Coming to a Head Soon
In a move that may prove a forerunner for other resource-rich economies, Zambia’s Finance Ministry on May 6th announced new measures aimed at curbing tax avoidance by foreign investors. The country...
View ArticleNewsletter Writer, Jeb Handwerger Offers This Bullish Missive on Gold
When it looks as though things couldn’t get worse for precious metal mining equities (GDX), that may be just the time to buy for contrarians. Not only are the junior miners (GDXJ) sloping to decade...
View ArticleWater Resources are NOT Infinite, Looking for Investments in Water…
Freshwater aquifers are one of the most important natural resources in the world today but we’re pumping the groundwater out of them so fast nature can’t recharge them. Many places we’re pumping water...
View ArticleCopper WAY Outperforming Gold & Silver !!
Year-to-date Gold is down 17%, Silver 28% and Copper 7%. Copper is still comfortably above $3 per lb, at $3.3 today, while Gold is well below $1,400 per ounce and Silver below $23 per ounce. Reuters,...
View ArticleTrouble in Argentina Not an Isolated Event
By Shane Romig– Marketwatch.com –Argentina mining industry on the ropes as costs, regulations bite –Investors Move to cancel Argentina mining projects –Miners balk at government limits on profit...
View ArticleLydian International Says Costs at Amulsar Well Below Average
Lydian is a gold company that Brent Cook recommends. Brent is one of my favorite newsletter writers… Lydian International says costs at Amulsar well below average Total costs at Lydian International’s...
View ArticleJohn Kaiser on the Bleak Prospects For Gold Juniors
An Adapt-or-Die Moment for Junior Miners By: Alisha Hiyate 2013-05-21 Newsletter writer and mining analyst John Kaiser sounds a little dejected as he describes the utterly bleak state of the mining...
View ArticleSilver Wheaton CEO (Weakly) Defends Barrick Gold’s Troubled Chile Gold Project
The following is an interview of the CEO of Silver Wheaton, is it just me or does the CEO seem to be grasping at straws here? From everything I read, Barrick Gold’s Pascua-Lama Gold Project in Chile is...
View ArticleFoes of Newmont’s $5 billion Peru Mine in Standoff With Police
Foes of Newmont’s $5 billion Peru Mine in Standoff With Police LIMA | Wed May 29, 2013 May 29 (Reuters) – Hundreds of protesters were locked in a standoff with police in northern Peru on Wednesday as...
View ArticleWater: Critical Resource and Costly Risk for Miners
Water: Critical Resource and Costly Risk for Miners Mining companies will spend $11.9 billion on water infrastructure in 2013, up from the $3.4 billion spent in 2009 Author: Julie Gordon, 30 May 2013...
View ArticleTwo-for-One Special on Resource Nationalism News Today
Two For One Special on Resource Nationalism News Today Article # 1 – South Africa Strikes Against Glencore Xstrata PLC Workers are on strike at three South African chromes mines owned by Glencore...
View ArticleCoking Coal Junior Celsius Coal One of the Few With Access to Capital
Running Out of Cash, Australian Miners Get Creative to Survive By James Regan SYDNEY, May 31 (Reuters) – From pooling office space to paying bills with company stock, small and mid-sized Australian...
View ArticleLatest in Barrick Gold’s Chilean Gold Project Saga
(Reuters) – Barrick’s suspended Pascua-Lama gold project will likely be reactivated in one to two years at the earliest, given the infrastructure that needs to be built to avoid water pollution,...
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