Blog > Archive by tag 'mining'
Xstrata (XTA) has dropped its $10 billion hostile takeover offer for Lonmin (LMI), or has it? Xstrata’s new investment could be a step toward a cheaper buyout attempt six months from now.
by Stephanie Grimmett
Baltimore — (TFN): Just as predicted, Xstrata (London:XTA) walked away from its hostile bid to buyout Lonmin (London:LMI) today. But [...]
Tags: british takeover panel, buyout, credit, hostile, lmi, lonmin, market, mining, moratorium, platinum, stephanie grimmett, Xstrata, xta
Most investors are fleeing to safety to protect what is left of their investments. Meanwhile, Apex Silver Mines (AMEX:SIL) investors are locking in huge one-day gains. It is a perfect lesson in buying low and selling high.
By Andrew Snyder
Baltimore – (TFN): If there were ever a perfect example of how to buy low and sell [...]
"Who do you think is more likely to run a successful mining exploration company in South America? A man who for forty years has been scouring the geological maps of that great continent, tramping the stony ground and swapping stories in bars where grizzled prospectors wash the dust from their throats? Or a man who, [...]
Tags: aim, horizonte minerals, hzm, jeremy martin, john sutcliffe, london, mariana resources, marl, mining, penny sleuth, peru, small-cap, stocks, tom bulford
"It’s important that we get back to the fundamentals of supply and demand. Some commodity prices have held up and even continued to rise. These tend to be those where the price is set by contract negotiations." — Bradley Mitchell
Blogger’s note: Ever wonder where professional traders are putting their money? Well, now you don’t have [...]
Tags: banks, bear, bradley mitchell, bull, coal, Commodities, commodity prices, contract negotiations, ifl, international ferro metals, iron ore, metal prices, miners, mining, Moneyweek, supply and demand, Xstrata, xta
"The current party in office (the Labor Party) saw the words ‘radioactive metal’ and flinched itself into a ban on all uranium mining, to the detriment of the state economy. Nearly 40% of the world’s known uranium reserves are in Australia, but very little of that is accessible to miners because of the [...]
Tags: cameco, ccj, labor party, liberal, miner, mining, nuclear power, paladin resources, palaf, uranium, western australia
"This isn’t good news for the platinum miner, which says it’s being grossly undervalued and Xstrata is just taking advantage of the recent slide in commodities prices to lowball Lonmin." — Stephanie Grimmett
by Stephanie Grimmett
Baltimore — (TFN): Xstrata (XTA:London) is loooking to buy, and it’s not too particular about how.
The British-Swiss [...]
“Last week you saw the very strong long-term basics underlying the pricing of uranium. Today you’ll see the fantastic opportunity now present in the uranium exploration and mining shares. ” — Russell McDougal
by Russell McDougal
Baltimore — (TFN): We are still delving into the fundamentals underlying five essential global commodities [...]
“The juniors are set up to throw quite a party. Think back to your most memorable high school ‘extra curricular activity’ and let’s get ready for a replay. Toss in financial rewards as a bonus.” — Russell McDougal
Blogger’s note: Gold prices have stabilized in the last couple of months. But just like [...]
“While corn, soybeans, oil and other commodities were making either fresh contracts or all-time highs on a daily basis, precious metals simply consolidated.” — Nick Jones, Whiskey & Gunpowder
by Nick Jones
Baltimore and Minneapolis — (TFN): Precious metals have taken the back seat in the recent rally in commodities. While corn, soybeans, oil and other [...]
“Get this: MTL posted a 94% year-on-year rise in coking coal output for the first quarter of 2008. Nickel and iron ore output also experienced year-on-year growth, though not as much as coking coal.” — Sara. Nunnally
by Sara Nunnally
Baltimore – (TFN): Last Thursday, Mechel OAO (MTL:NYSE) announced record [...]
“Either commodity prices must fall or junior miners must rise and close the gap. I don’t see commodity prices falling significantly from present levels. They stand as protection against currency debasement which happens to be a growth industry these days.” — Russell McDougal
Blogger’s note: Russell McDougal has [...]
"It’s not surprising that China wants to break-up the Rio / BHP party. After all, these two together would control 35% of the iron ore market. That would be very bad news for a country that needs plenty of iron ore for its infrastructure needs. So what’s [...]
"Take it from someone who looks at drill results from mineral exploration companies almost everyday, these are pretty darn good. These are the kinds of mineralized widths and grades that attract the attention of institutional investors and the major base metal producers like Norilsk and Freeport-McMoRan." — [...]
“This superior technology has allowed the company to enter every major mining area of the world, including Australia, Russia, South America, Canada, the United States, Africa and the Middle East. Because of its strong presence in Australia, and its acquisition of Australia’s STACE Pty. Ltd. a year ago, this company is at the top of [...]