Freitag, 20. März 2015

USA, Öl- und Gas-Sektor: Drastischer Absturz der aktiven Bohrgeräte

Bei den Rig Counts in den USA erfolgt in diesen Tagen der schnellste Absturz seit 1986:



Starker Wochenschluss: Investoren-Interesse bei den Mining-Majors zieht an

Zum Ende der Handelswoche legen die Kurse bei den Big Player in der Minenbranche bedeutend zu:



Nach FOMC-Meeting: Rohstoffpreise ziehen deutlich an, Dollar gibt ab

Zum Ende der Handelswoche ziehen die Rohstoffpreise quer durch die Branche nochmal erheblich an, während der US-Dollar (DXY) auf Talfahrt geht. Vor allem Kupfer, Silber und Blei glänzen mit satten Gewinnen..



Langfrist-Chart: Goldpreis vs. 10 Year Real Interest Rates

Informativer 12-Jahreschart von Zerohedge:


Pilot Gold sichert sich 60%tiges Interesse an Kupfer- und Gold-Projekt TV Tower in der Türkei

Nach drei Jahren harter Arbeit und zahlreichen Arbeits-, Explorations- und Bohrprogrammen - die zu 6 bedeutenden Kupfer-, Gold- und Silber-Discoveries führten - sichert sich Explorer und Developer Pilot Gold (TSX:PLG) das Recht auf ein 60:40 Joint-Venture für TV Tower, das zusammen mit dem kanadischen Rohstoffgiganten Teck Resources (NYE:TCK) entwickelt wird..

Pilot Gold Completes 60% Earn-In at TV Tower

Majority Owner and Operator of District Scale Project in NW Turkey
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 20, 2015) - Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is pleased to announce that it has earned a 60% interest in the TV Tower project in northwest Turkey. TV Tower is a joint venture between Pilot Gold (60%) and Teck Madencilik Sanayi Ticaret A.S. ("Teck") (40%), a Turkish subsidiary of Teck Resources Limited. Pilot Gold is project operator at TV Tower and completed its earn-in through sole funding of exploration over a two-and-a-half-year period.
The TV Tower project has delivered six gold, silver and copper-gold discoveries over the past four years, and hosts numerous untested targets. The Company expects to begin the 2015 program shortly. With its joint venture partner now funding its pro-rata share of the exploration budget, the Company expects to complete significantly more drilling at a lower overall cost to Pilot Gold.
"The completion of our earn-in at TV Tower is a milestone in the evolution of Pilot Gold. Over the past 2 1/2 years we've created significant value at TV Tower while moving towards 60% ownership," stated Matt Lennox-King, President & CEO of Pilot Gold. "We look forward to building on our recent discoveries with our partner Teck and continuing to establish TV Tower as a strategic asset in an emerging copper-gold district"..





Goldminen-Baisse in historischer Relation: S&P/TSX Global Gold Index 10-Jahres-Chart

Eindrucksvoller Langfrist-Chart:


Wer profitiert von den historisch hohen Öl-Lagerbeständen? Die 10 größten, unabhängigen Storage-Besitzer

Informative Übersicht von Bloomberg:


Aktuelles Interview mit Silver Wheaton's CEO Randy Smallwood

Wie immer hörenswerte Statements von Top-Manager Randy Smallwood, CEO von Silver Wheaton (NYE:SLW):

What keeps Silver Wheaton CEO up at night

Thu, Mar 19, 2015 - 2:45 PM

Silver Wheaton is a play on commodities, in that it provides mining companies with the capital needed to develop their operations in exchange for rights to buy the output for cheaper than market prices. With the bulk of its revenues in silver, BNN finds out where the money is to be made in mining finance from one of the most well known faces in the streaming business. Randy Smallwood, CEO, Silver Wheaton joins Catherine Murray on Business Day. He also shares what is top of mind for him, particularly after the latest U.S. Fed interest rate decision..



Donnerstag, 19. März 2015

Globale Schulden-Mania: Änderungen in den nationalen Debt-to-GDP Ratios von 2007-2014

Informative Grafik von McKinsey:


Temporärer Produktionsstopp in der zweitgrößten Kupfermine der Welt

Aktuelles Update von Bloomberg:

Freeport Halts Grasberg Mine as Roadblock Enters 4th Day

(Bloomberg) -- Freeport-McMoRan Inc. halted production at Grasberg, the world’s second-largest copper mine by capacity, as workers blocked access to a road to the mine in Indonesia for a fourth day. The price of the metal climbed in London.

Freeport will continue talks with the workers to resolve the blockade, Daisy Primayanti, spokeswoman at PT Freeport Indonesia, said in a mobile phone text message on Thursday. The company suspended output starting Monday, while concentrate shipments remain unaffected from old stockpiles, said Juli Parorrongan, a spokesman for Freeport Indonesia workers’ union.

The blockade by about 50 workers wasn’t organized by the union and it isn’t aware of the workers demand or the reason for the roadblock, Parorrongan said. The striking workers from seven tribes in Papua are seeking promotion as incentives for not participating in a labor dispute last year, reported on March 16.

“We appreciate the workers’ rights to express their opinions,” Parorrongan said. “But we hope all issues can be appropriately addressed without harming the company.”

Copper for delivery in three months climbed as much as 2.8 percent to $5,830 a metric ton on the London Metal Exchange.

Freeport shares tumbled as much as 6.3 percent, the biggest intraday drop in seven weeks. They closed 5.3 percent lower at $17.26 in New York.

Operations at Grasberg in the mountainous region of Papua have been plagued by labor strife in recent years. The mine saw a strike in 2011 as workers sought higher wages and was closed for months following a tunnel collapse in 2013 that killed 28 workers. Exports were disrupted last year after a dispute with the Indonesian government over export duties.

Primayanti had said on Wednesday that the impact from the roadblock to mine operations was insignificant.


U.S. Dollar Index DXY: Größter Einbruch seit 2009

Gestern fiel der DXY nach dem FOMC-Meeting massiv zurück..


Entwicklung der globalen Bohraktivitäten in den unterschiedlichen Rohstoffsektoren

Informativer Chart von SNL Metals & Mining:


Silber vs. Gold: Underperformance hält an

Ein Blick auf den 12-Monatschart:


Lese-Empfehlung: Warren Buffett's Annual Letter 2014

Der Link zum Annual Letter 2014


Mittwoch, 18. März 2015

Minen- und Rohstoffbranche: Explorations-Aktivitäten und Investitionen weiter im Sinkflug

Im Hinblick auf die schwerwiegende Marktlage sind die Explorations-Entwicklungen kaum verwunderlich:


Goldminenbranche, Bärenmärkte: AMEX Gold Bugs (HUI) Peaks 1996 vs. 2011

Informativer Chart von TheDailyGold:


Amerikanische Ölbranche: Lagerbestände steigen auf neues Allzeithoch, Fördervolumen ebenso weiter im Höhenflug

Krasse Entwicklungen in den USA:



Gehebelte Goldminen-ETFs: Volumen-Explosion

In den letzten Handelswochen nimmt das Handelsvolumen in den führenden, gehebelten Goldminen-ETFs massiv zu:




Goldbranche: Nachfrage aus Asien könnte sich bis 2030 mehr als verdoppeln

Großartige Aussichten - die neuste Einschätzung von ANZ zur zukünftigen Gold-Nachfrage aus Asien:

Gold demand in Asia set to double

ANZ predicts record prices.

Gold demand in Asia is set to double by 2030 and boost prices to a record as investment and jewelry purchases climb, according to Australia & New Zealand Banking Group Ltd.
Demand from retail and institutional investors will jump to almost 5,000 metric tons a year by 2030 from 2,500 tons, analysts including Warren Hogan and Victor Thianpiriya said in a report. Prices may rise to more than $2,000 an ounce by 2025 and to $2,400 by 2030, they said. The bank says it supplied more than 20 percent of China’s gold imports last year..

OPEC: Kapazitätssteigerungen bis 2020 kommen zu 90% durch den Irak

Eindrucksvolle Prognose von der IEA zur OPEC:


China, Stahlsektor: Über-Angebot führt zu Export-Steigerungen

Informative Grafik vom WSJ:


Junior-Minensektor: Aktuelle Investments vom legendären Entrepreneur und Mining-Tycoon Ross Beaty

Lesenswerter Bericht - credit to CEO.CA:

Ross Beaty’s latest junior mining investment

Ross Beaty Illustration by Graeme Berglund (
One thing is for sure the junior mining market continues to struggle as we have had four consecutive down years on the TSX Venture (2011-2014) and 2015 is not off to a promising start.  Legendary mining financier and company builder Ross Beaty has been one of the few who is actively putting money to work and buying positions in junior companies.
Today we found out his latest public investment in a junior when Arena Minerals(AN:TSXV) announced a $1.5 million dollar financing. Inside the press release Arena announced that Mr. Beaty and his associated parties would be subscribing for $1 million dollars of the $1.5 million placement. Upon successful closing Mr. Beaty will hold approximately 12% of the issued shares of Arena.
Shares of Arena shot up 5 cents (43%) to close at $0.165 cents on the news. It shows Mr. Beaty has a strong following even in these quiet markets and investors are eager to invest alongside him. The rest of the private placement will have no trouble filling now if it is not already spoken for. I remember listening to several interviews with Rick Rule of Sprott in the last couple years where he refers to Ross as a “broken slot machine” because his investors are rewarded with big pay days so frequently.
I took a quick look at Arena and noticed they are a prospect generator focused on working in Chile. The flagship Atacama Copper property is located in the heart of the Antofagasta mining region which is well known for copper deposits. Arena has an option to acquire 80% of the early stage project. Other projects include Pampas El Penon which partially surrounds  Yamana Gold’s El Penon mine. Arena has also recently optioned off two projects to B2Gold.
Once the news hit the wires live  members were already chatting about what other companies Mr. Beaty is invested in. The following is a list of companies brought up in the chat. (Note: No guarantees Mr. Beaty is still invested in any of these companies. Please do your own due dilligence).
  • Kaminak Gold (TSXV:KAM)
  • Dalradian (TSX:DNA)
  • Odin (TSXV:ODN)
  • Alterra Power Corp (TSX:AXY)
  • Red Eagle (TSXV:RD)
  • CB Gold (TSXV:CBJ)
  • Pan American Silver (TSX:PAA)
  • Anfield Nickel (TSXV:ANF)
  • Kivalliq (TSXV:KIV) 
CEO live
Please join us in the CEO live chat room where we are always discussing the latest hot topics in junior mining as well as other business topics..

Dienstag, 17. März 2015

Uranium Energy: Uran-Bestände wachsen weiter, auf Kurs für Produktionserhöhung in 2016

Hierzu ein aktuelles Research-Update über Uranium Energy (NYE:UEC) von Cantor Fitzgerald:

Uranium Energy Corp. (UEC/NYSE, $1.42) Buy: Target $2.75

Progress Report:  As inventories grow, a 2016 production ramp remains on course

Rob Chang (416) 849-5008; Michael Wichterle (416) 849-5005

In light of the recently announced quarterly results for the three month period ended on January 31, 2015, we take a closer look at UEC’s progress thus far and highlight the milestones which have been achieved as Palangana and Burke Hollow advance towards a ramp in production..





Neues Interview mit Top-Manager und Mining-Entrepreneur Amir Adnani über den Uranpreis, Nuklearenergie und seine Firma Uranium Energy

Hörenswertes Interview mit dem Uran-Experten und Chef von Uranium Energy (NYE:UEC)..


Amerikanische Kohlebranche: Dunkler Ausblick, Pleitewelle droht

Wie viele Rohstoff-Sektoren hat es auch die amerikanische Kohle-Industrie (US:KOL) in den letzten Jahren hart getroffen. Nun warnen weitere Analysten vor einer Pleitewelle..

Wave of bankruptcies seen for U.S. coal industry, analyst warns 

Carl Surran, SA News Editor
  • The outlook for U.S. coal producers is "increasingly bleak," and the sector is likely to undergo a wave of bankruptcies, Macquarie Research warns as it forecasts U.S. coal prices (NYSEARCA:KOL) will no longer move in conjunction with international coal prices.
  • The decoupling, which will feature declines in U.S. coal prices, will be a "necessary step to force rationalization on U.S. producers" but also likely will result in production cuts and bankruptcies over the near-to-medium term, says analyst Anthony Young.
  • Peabody Energy (NYSE:BTU) recently had to pay a 10% interest rate on bonds it issued, which Young says bodes badly for other coal producers, making it harder for to refinance debt and leading to cuts and liquidity squeezes.
  • Macquarie lowers its stock price targets on Alpha Natural (NYSE:ANR) to $0.60 from $1.15, on Arch Coal (NYSE:ACI) to $0.90 from $1.25, on BTU to $5.30 from $6.40, and on Consol (NYSE:CNX) to $29.50 from $31.50.



Vor FOMC-Meeting: Massive Gold-Kauforder

Vor dem morgigen FOMC-Meeting wird eine gewaltige Gold-Kauforder ausgeführt..

Gold Spikes On Sudden $1.2 Billion Bid

Tyler Durden's picture

For no good reason aside from the algos had their fun to the downside and crude ran its stops, precious metals' futures have suddenly exploded higher on heavy volume... The surge in gold saw approximately $1.2 billion notional traded...

BHP Billiton: Weitere Pläne zum Spin-Off South32

Die Aktionäre werden Anfang Mai über den geplanten Spin-Off abstimmen..

BHP outlines plan to spin off South32

Carl Surran, SA News Editor
  • BHP Billiton (NYSE:BHP) outlines its plan to spin off the new company called South32, saying shareholders will vote May 6 on a proposal to offer investors one share in the separate company for every BHP share.
  • BHP says South32 will distribute at least 40% of its underlying earnings as dividends to shareholders, and reiterates it will not re-base its own dividend lower following the de-merger.
  • BHP last year announced its intention to spin off nickel, aluminum and other properties that would allow it to focus on fewer resource operations in what would be one of the biggest de-mergers in mining history.


Gold vs. Goldminen - HUI:Gold Ratio gibt Jahresgewinne vollständig ab

Goldminen (HUI) geben in den ersten zwei Wochen im März ihre relative Stärke zum Goldpreis (GLD) vollständig auf..



Wie Mining-Tycoons wie Giustra, Lundin und Beaty den Bärenmarkt im Minensektor spielen - Aktuelles Interview mit Tommy Humphreys

Hörenswertes Podcast von Palisade Radio:

How Mining Tycoons Play the Downturn – Palisade Radio Podcast

Collin Kettell is building junior mining’s best new podcast at and I was grateful to be a guest on the show a couple of days ago..

Montag, 16. März 2015

LBMA: Umstrukturierungen am wichtigsten Gold-Handelsplatz

Dazu ein aktueller Artikel von Mineweb:

Fixing the Gold Fix – with or without the Chinese banks?

March 20 will see the London Gold Fix being replaced. Will Chinese banks be among the initial direct participants? Conflicting views.

The end of this week will see the end of an era in London-based gold price benchmarking when the rather archaic London Gold Fixing system, which has been in place little changed for most of the past 100 years (since 1919), will come to an end and be replaced by the new LBMA Gold Price electronic system which is being set up in its place. The new price setting mechanism will be launched on the March 20 – this coming Friday..

Gold und Goldminen nahe kritischen Unterstützungs-Level

Viel tiefer sollte es beim Goldpreis (GLD) und den Goldminen (GDX, HUI, XAU) nicht gehen, sonst droht der nächste große Sell-Off auf neue Mehrjahres-Tiefstände..





Spannungen verschärfen sich: Drei Goldcorp-Arbeiter werden im mexikanischen Guerrero Gold Belt tot aufgefunden

Die schlechten Nachrichten reißen im goldreichen "Sorgenkind"-Staat von Mexiko (GBB) nicht ab..

Three Goldcorp miners found dead in troubled Mexico state

IGUALA Sun Mar 15, 2015 9:54pm EDT

(Reuters) - Three employees of Canadian miner Goldcorp Inc were found dead, family members said, after they were believed to have been abducted in restive southwestern Mexico..

Barrick Gold: Potentieller Verkauf der großen Kupfermine in Chile

Um die Bilanz- und Finanzanlage zu entspannen, visiert Barrick Gold (NYE:ABX) vermutlich einen Verkauf der Kupfer-Flaggschiff-Mine Zaldivar in Chile an..

FT: Barrick Gold eyes sale of key Chilean copper mine 

Carl Surran, SA News Editor
  • Barrick Gold (NYSE:ABX) may put its Zaldivar copper mine in Chile up for sale, hoping to raise more than $1.5B, Financial Times reports.
  • A sale could draw interest from Chinese companies looking to acquire resources as well as P-E firms such as Mick Davis's X2 Resources, according to the report; Davis headed Xstrata before its 2012 sale to Glencore and is said to be hunting for mining deals.
  • The Zaldivar mine, one of ABX's key assets, is located next to Escondida, the world's largest copper mine.


Sonntag, 15. März 2015

Wochenrückblick und Performance-Vergleich: Rohstoff-, Minen- und Junior-Sektor

Ein weiterer Höhenflug des US-Dollars und gemischte Wirtschaftsdaten aus China sorgen für signifikante Verluste in der gesamten Rohstoffbranche. Öl durchfährt mit einem Minus von knapp 10% eine der schlechtesten Handelswochen aller Zeiten.

Der U.S.-Dollar-Index (DXY) überstieg letzte Woche die markante Marke von 100-Indexpunkten und erreichte damit ein frisches 12-Jahreshoch. Die starke Dollar-Performance setzte den Rohstoffpreisen einmal mehr erheblich zu. So fiel bspw. Eisenerz auf ein neues 7-Jahrestief und der Ölpreis musste in den letzten 5 Handelstagen besonders bluten.

Gold (GLD) und Silber (SLV) hielten sich mit einer Performance von -1,2% bzw. -1,7% relativ gut, jedoch aber nicht die Edelmetallaktien. Gold- und Silberminen (GDX, SIL, GDXJ) stürzten Anfang der Handelswoche regelrecht ab, bevor eine ordentliche Erholung einsetzte. Ende der Woche stehen bei den Juniorminen (GDXJ) noch bedeutende Verluste von knapp 4% zu Buche, während die Majors (GDX) erneut relative Stärke zeigen.

Ähnliches Bild im Kupferminen-Sektor. Obwohl sich der Kupferpreis relativ stabil hielt, gab es massive Abgaben bei den Kupferminen (COPX), welche die Handelswoche mit großen Abschlägen als klare Verlierer beenden. Ebenfalls heftig erwischt es die Mining-Majors und Standard-Minenaktien (TXGM), welche eine der schlechtesten Handelswochen der letzten Jahre verkraften mussten.

Noch größere Verluste gab es nur im Energiesektor. Der Ölpreis stürzte auf Wochensicht um mehr als 9% ab, was damit eine der heftigsten Verlustwochen in den letzten 20 Jahren war. Aktien der Öl- und Gas-Majors (DJUSEN) hielten sich hingegen einmal mehr relativ stark und profitierten von der Erholung an den Gesamtmärkten.



·         GLD: SPDR Gold Trust ETF
·         SLV: iShares Silver Trust
·         COPX: Global X Copper Miners ETF
·         GDX: Market Vectors Gold Miners ETF (HUI Comp. ETF)
·         GDXJ: Market Vectors Junior Gold Miners ETF
·         SIL: Global X Silver Miners ETF
·         TXGM: S&P/TSX Global Mining Index
·         DJUSEN: Dow Jones U.S. Oil & Gas Index