Davao City mayor Rodrigo Duterte has this to say about Liberal Party vice-presidential bet Leni Robredo: 'Maganda siya. Maganda talaga siya.' Full story: http://www.rappler.com/nation/politic...Follow Rappler on Social Media:Facebook - https://www.facebook.com/rapplerdotcomTwitter - https://twitter.com/rapplerdotcomInstagram - http://instagram.com/rapplerYouTube - https://www.youtube.com/rapplerSo...Read More
Record Chinese copper importsChina isn't self-sufficient when it comes to raw material needs, and is thereby the world's largest copper consumer. China needs to import raw copper for its smelters and refining plants. While copper mining is concentrated in Latin America (ILF) (ECH), more than half of the world's copper is consumed in Asia. China is the largest importer of copper ores, anodes, and r...Read More
BHP Billiton chief executive Andrew Mackenzie was upbeat about the outlook for the world's top mining company in an interview published Saturday in the The Australian.A turnaround in the prices of the commodities the Melbourne-based giant produces would be volatile and prolonged and in some cases markets will take "a very long time" to come back into balance Mackenzie told the newspaper."If y...Read More
As it reflects the theoretical cost of buying the company's shares, the market cap of Southern Copper Corp. (NYSE:SCCO) is currently rolling at 20895.88, making it one of the key stocks in today's market. Hence, the existing market cap indicates a preferable measure in comprehending the size of the company rather than its worth.Southern Copper Corp.'s P/E ratio is measuring at 29.57 with a forwar...Read More
Canadians working in the mining industry, one of the country's largest industrial sectors, are the highest paid, surpassing the average earnings of workers in forestry, manufacturing, finance and construction.After a recent salary survey, mining jobs and employment opportunities leader CareerMine found that miners in Canada earn over $110,000 a year, or about $31,000 to $46,000 more than the avera...Read More
In New York trade on Wednesday copper for delivery in May gained for the fourth day in a row after customs data from top consumer China showed a huge jump in imports of the red metal.May copper futures jumped to $2.18 per pound or around $4,805 a tonne, up 1.5% from Tuesday's close before paring some of those gains by lunchtime. The price of copper is up 12.6% from a seven-year low hit mid-Ja...Read More
Canada's largest mining companies have endorsed the federal government's effort to establish a national price on carbon pollution, publishing Wednesday a series of principles local miners believe should be part of a national policy on climate change.In its proposal, the Mining Association of Canada (MAC) recommends, among others, the adoption of a broad-based carbon price applicable to all sectors...Read More
President Barack Obama and Federal Reserve Chair Janet Yellen discussed risks to the economy and progress from Wall Street reform during a rare meeting in the Oval Office on Monday, the White House said. -ReutersThe meetings going on in Washington DC have been the subject of much speculation in the alternative media, especially the one between Janet Yellen, President Obama and Vice President Biden...Read More
President Barack Obama and Federal Reserve Chair Janet Yellen discussed risks to the economy and progress from Wall Street reform during a rare meeting in the Oval Office on Monday, the White House said. -ReutersThe meetings going on in Washington DC have been the subject of much speculation in the alternative media, especially the one between Janet Yellen, President Obama and Vice President Biden...Read More
Travel with my on my TOUR DE GA GYMS. First stop The Omni Club of Athens, Ga to teach a hopeful Ms. Bikini Universe how to "poke it out and round it off" then get the low down on my figure presentation from Rise Performance coach Lloyd Herford.Follow more of my 2016 PrepIG / Twitter / Snap@ChanelCollettewww.ChanelCollette.comto Join TEAM SLICE - TeamSlice.Coaching@gmail.comThank you to everyone in...Read More
With the amassed value of the company based on its existing stock price alongside the total amount of outstanding stocks, today's market cap for Southern Copper Corp. is valued at 20244.32. The value of the Market cap relatively ensures a stable and secure position for the company, and can be easily considered a blue chip in today's market. Southern Copper Corp.'s market capitalization will expect...Read More
Last week, copper prices witnessed the biggest weekly decline since January on oversupply concerns in China and sluggish demand growth. After a stressful stretch in 2015 due to softness in China's manufacturing sector, global growth worries, a stronger U.S. dollar and surplus supplies, the red metal had shown recovery in 2016 (read: ETFs to Gain from China's Added Stimulus). But the trend took...Read More
Adrian Day of Adrian Day Asset Management discusses Altius Minerals, one of his core holdings, including how it has continued to make progress through the resources bear market.Altius Minerals Corp. (ALS:TSX.V, 11.81) has continued to make progress through the bear market in resources. Most recently, it has entered into a metal purchase agreement with Yamana Gold to purchase some of the future cop...Read More
The International Monetary Fund in its World Economic Outlook published today cut its global economic growth forecast for the fourth time in the past year.The Fund expects the world economy would grow at 3.2% in 2016 compared to its previous forecast of 3.4% in January. Next year growth will pick up slightly to average 3.5% according to the institution.Source: World BankThe IMF upped its Chinese...Read More
Chemicals firm SQM, one of the world's top lithium producers with access to lucrative reserves in northern Chile, and Canadian junior miner Lithium Americas Corp (LAC) have set 2019 as the date to begin operations at their recently formed joint venture in Argentina.As announced last month, the companies are working on an updating the feasibility study for the Cauchari-Olaroz project, which is for...Read More
Several hundred activists were arrested Monday afternoon during a sit-in on the steps of the U.S. Capitol to call for action on voting rights and campaign finance reform. The mass civil disobedience, part of a week-long Washington protest known as Democracy Spring, aimed to demonstrate the depth of grassroots frustration at a political system that, participants said, is tilted toward the wealthy a...Read More
Several hundred activists were arrested Monday afternoon during a sit-in on the steps of the U.S. Capitol to call for action on voting rights and campaign finance reform. The mass civil disobedience, part of a week-long Washington protest known as Democracy Spring, aimed to demonstrate the depth of grassroots frustration at a political system that, participants said, is tilted toward the wealthy a...Read More
Geoscience BC is releasing the results of an innovative tree-top sampling program led by Noble Exploration Services Ltd. The study looked at whether trace amounts of metals found in spruce trees could lead prospectors to the next big mineral discovery. As part of the TREK project, a total of 421 side-branch samples, comprising one kilogram of twigs and needles, were systematically collected near...Read More
Chile's Codelco, the world's No.1 copper producer, has scrapped its plan to build a new mine at its El Salvador division and, instead, will extract the riches from the nearby Inca deposit by gradually expanding the current pit."While plans to expand Salvador, known as the Rajo Inca project, have not even reached pre-feasibility stage, the company has already decided that it's not building a new mi...Read More
Revenge of the Vikings - Iceland Will Create Its Own Money ... Iceland is taking the money back from the clutches of the private fractional reserve lending cartel. It's happened before in history, and with great success, but it has also prompted a violent backlash from the elites ... - 21st Century WireUsually we comment on the elite propaganda of mainstream media reports, but we've always mad...Read More