Catalyst Copper Projects $1.6 Billion Cash Flow
December 12, 2012 by metalinvestmentnews · Leave a Comment
By Metal Investment News On December 3, 2012, Catalyst Copper (CCY-TSX.V) announced the results from the La Verde project’s NI 43-101 Technical Report, including a Preliminary Economic Assessment (PEA). The report projects robust economics including $1.6 billion Pre Tax undiscounted cash flow, and an Internal Rate of Return (I.R.R.) of 21.2% and [...]
Trident Financial Builds Bridge To China
October 9, 2012 by metalinvestmentnews · Leave a Comment
NANNING CHINA – Metal Investment News If China is slowing down, then it’s a Lamborghini cruising into a light breeze. Construction cranes dot the landscape like dandelions. According to The World Bank, the number of 1 million-plus cities in China will increase from 100 to 220 in the next two decades. The Chinese are ravenous [...]
Orsu Metals (OSU-TSX.V) Develops Copper Mine on Chinese Border
March 18, 2012 by metalinvestmentnews · Leave a Comment
Orsu Metals (OSU-TSX.V) recently announced the positive results of its Definitive Feasibility Study (DFS) for the 94.75% owned Karchiga copper project in northeast Kazakhstan, close to the Chinese border. The open pit mining schedule predicts a producing mine life of 11.5 years with average mining costs of $1.70 per tonne of material moved. First production [...]
TIREX RESOURCES (TXX-TSX.V, TIRXF:US) POISED FOR PERMITS IN ALBANIA
March 4, 2012 by metalinvestmentnews · Leave a Comment
Sometimes waiting is harder than doing. Just ask Bryan Slusarchuk, CEO of Tirex Resources (TXX- TSX.V, TIRXF:US). After a half decade of diligent exploration and development and USD $25 million invested, Tirex applied for mining permits four months ago in six different areas of the Mirdita Volcanogenic Massive Sulphide district. Tirex has strong support from [...]
Orsu Metals (Orsu-TSX.V) Hits The Sweet Spot In Kazakhstan
March 3, 2012 by metalinvestmentnews · Leave a Comment
The 43-101 definition of a Definitive Feasibility Study (DFS) states that it examines “all geological, engineering, operating, economic and other relevant factors in sufficient detail that it could reasonably serve as the basis for a final decision by a financial institution to finance the development of the deposit for mineral production.” In other words, a [...]
Copper Traders Turn Bullish
February 11, 2012 by metalinvestmentnews · Leave a Comment
Copper prices have risen 15% to $8,734.75 a metric ton so far in 2012. Global copper mine production dropped 200,000 tons in 2011. Coppery inventories are now at a two year low. Find out what the IMF is predicting for China and the future price of copper. Full Story
Black Smoker Heats Up
December 14, 2011 by metalinvestmentnews · Leave a Comment
New mining technologies combined with high metal prices are triggering a global re-activation of old mines including the Chitradurga mine in India, the Copper Mountain mine in British Colombia, the Sukari Mine in Egypt, the Orvana Mine in Northern Spain and soon the Lincoln Mine in California. It is true not all defunct mines host [...]
G-20 Has Zero Balls
November 5, 2011 by metalinvestmentnews · Leave a Comment
Although Chinese currency has appreciated 10% in the last year, both the U.S. and Europe want it to gain value faster. The G-20 is afraid to complain publicly because they are hoping China will bail out Greece. Full Story Although Chinese currency has appreciated 10% in the last year, both the U.S. and Europe want [...]
European Bank’s Albanian Bet Looking Good
November 2, 2011 by metalinvestmentnews · Leave a Comment
The European Bank for Reconstruction and Development (EBRD) is seldom in the news, and yet it has played a significant role in shaping the world economy. With accumulative business volume of $90 billion, the EBRD invests in 29 countries from central Europe to central Asia, supporting the development of democratic market economies. They have offices [...]
PEAK INFLATION
October 25, 2011 by metalinvestmentnews · Leave a Comment
In Q3, 2011 copper averaged $8,993/tonne in London. A typical automobile uses about 50 pounds of copper. New and used vehicles account for 6.3 percent of the Consumer Price Index (CPI). The majority of economists feel that inflation will cool in 2012. Goldman Sachs Group predicts that commodities have hit bottom, and will rise 20% [...]