Category: Commodities
Will a Euro breakup boost gold and silver prices?
Greek politicians are struggling to form a new government. Concerns are increasing that Greece will drop the euro.
Increased foreign expansion exposes Canadian mining companies to risk
The current economic climate has created an ideal setting for the growth of Canadian mining companies. And for many, there may be no better way to embrace this opportunity than through foreign expansion.
Majority of oilsands ownership and profits are foreign, says analysis
More than two-thirds of all oilsands production in Canada is owned by foreign entities, sending a majority of the industry’s profits out of the country, says a new analysis released Thursday by a British Columbia-based conservation group.
BC mining industry the epicentre of investment
These are the good old days for the British Columbia mineral exploration sector.
The commodity megatrend
Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the 20thcentury. The new and long-term upward trend began with most commodities in late 1990s and already lasts nearly 15 years. During this time, most commodity prices manifold strongly.
Qatar plonks $4 billion on Xstrata and hands Glasenberg another victory
The oil and natural gas rich nation’s stake in the coal giant is now 8% with a target of over 10%, providing crucial back for Glencore CEO Ivan Glasenberg to push through the $90 billion merger with Xstrata.
Gold going to $1,840 on more stimulus: Goldman Sachs
Despair not, gold investors. Goldman Sachs hasn’t given up on bullion. Despite a significant selloff in the yellow metal in recent days, bottoming out at four-month lows, Goldman Sachs is still forecasting a rally in gold this year.
Good news from West Timmins gives Lake Shore Gold 8% bump
Lake Shore Gold added 8.2% on Thursday after announcing positive financial and operating results for the first quarter as it accelerates a $160 million capex programme for the year.
Osisko reports fire damage at Canadian Malartic Mill limited to cyclone number four area
The fire began at 11:50 pm yesterday, and was extinguished at approximately 4:30 am this morning. Proper emergency procedures were followed and there were no injuries to staff or emergency workers during the incident.
Pipeline pictured: The Keystone XL infographic
Confused about the political machinations surrounding the Keystone XL pipeline, or baffled by talk of crude oil discount rates, Oklahoma bottlenecks and Texas Gulf refining capacities?
