Freitag, 11. September 2015

BHP Billiton, Rio Tinto - Eisenerz: Die Mining-Roboter-Armee kommt

Die Branchengiganten BHP und Rio Tinto kurbeln im Zuge des historischen Bärenmarkts bei den Rohstoffen inkl. Eisenerz das automatisierte Roboter-Business an:

BHP, Rio take to mining robots to counter iron-ore bear market
Automated drills and driver-less trucks are among the new tools employed by the mining giants to preserve profit margins in the price rout.
Automated drills and driver-less trucks are among the new tools employed by the mining giants to preserve profit margins in the price rout. Photo: Karl Hilzinger

When the rout in prices ends for the world's iron-ore producers, those left standing probably will have more robots on their side.

Automated drills and driver-less trucks are among the new tools employed by the four biggest companies, including BHP Billiton, in a bid to preserve profit margins during a bear market that began more than two years ago. Using more technology helped reduce costs at Rio Tinto by 8 per cent since 2013, even as it boosted output by 5 per cent, according to Paul Young, an analyst at Deutsche Bank in Sydney.

Improvements by top producers is defying a productivity collapse for the rest of the mining industry, which consultant McKinsey & Co. says declined as much as 28 per cent in the past decade, forcing smaller operators to shut. With demand for iron-ore slowing in China, the world's biggest user, prices are probably headed lower as major suppliers expand output by tapping low-cost reserves, mostly in Australia, according to Citigroup. The top four companies will see their share of the global market jump to 79 per cent in 2018 from 64 per cent in 2010, the bank said.

"Higher productivity is certainly an advantage" because those companies "would be the last ones to shut down in a low-price environment," said Jessica Fung, an analyst at BMO Capital Markets in Toronto.

Read more:
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Flüchtlingsstrom nach Europa: Woher kommen die meisten Flüchtlinge?

Impressive Charts.



"Where Is Everyone Going?" Presenting Goldman's Immigration Flow Chart

Donnerstag, 10. September 2015

Rio Tinto's Sam Walsh - Vortrag in der Harvard University: "Transforming a global business - back to the future”

Vorträge von Rio Tinto's (ASX:RIO) CEO Sam Walsh sind wie immer lesenswert - der letzte Vortrag in Harvard macht da keine Ausnahme.




Transforming a global business - “back to the future”

Speaker: Sam Walsh, Chief executive
Location: Harvard University, Boston

JP Morgan stoppt "open outcry" an der London Metal Exchange (LME)

JP Morgan zieht sich weiter aus dem physischen Rohstoff-Business zurück..

JP Morgan to stop open outcry trading on London Metal Exchange


U.S. bank JP Morgan (JPM.N) is quitting open outcry trading on the London Metal Exchange after cutting back on its commodity business, a move that also shows the increasing importance of electronic dealing in metals..


Tesla Gigafactory, Nevada: Drone fly over - September 2015

Cooles Video.

Währenddessen läuft der Lithium-Hype auf Hochtouren weiter..


Tesla interest could spark new Nevada gold rush for lithium

Tesla's diversification into stationary storage has brought many column inches - and much debate - in the media. Image: Tesla.

A gold exploration and mining company has agreed to purchase a potential site for excavating lithium in Nevada, citing the “great deal of attention” brought onto the state by Tesla’s decision to locate its mammoth manufacturing facility there


Quote #2:

Sprott's Thoughts - Eric Sprott: "The Powers That Be Don't Want To Admit There's A Problem"

Hörenswertes Interview.

Sprott's Thoughts

Wednesday, September 9, 2015 - Tekoa Da Silva

Eric Sprott: "The Powers That Be Don't Want To Admit There's A Problem"


Gold: Leverage an der kontroversen Terminbörse COMEX schießt auf neues Allzeit-Hoch

Das physische Gold wird an der einflussreichen COMEX erneut sehr knapp.
".. As of today, there are now 228 ounces of gold claims for ever ounce of deliverable Comex gold .. (ZH)."

Es sieht so aus, als ob JPM und Co. mal wieder in Schwierigkeiten sind..

Ein Chart, der Bände spricht - credit.


Mittwoch, 9. September 2015

China: Rohstoff-Nachfrage bleibt trotz "Krisen-Stimmung" auf hohem Niveau - Dominanz auf der Konsumenten-Seite verfestigt sich

China's Anteil an den globalen Rohstoff-Importen beträgt im August 2015 satte 13% und steht damit auch signifikant über dem Import-Anteil der USA (~ 10%).

Starker Chart - credit to U.S. Global Investors.


Kupfer: Stärkster Tagesanstieg seit Mai 2013, Glencore-News geht um die Welt

Danke Glencore für die sehr hübsche "Daily Candle" beim Kupferpreis.

Bis dato aber alles eine reine, technische Gegen-Reaktion nach einem langen und harten Sell-Off.

Nicht mehr, nicht weniger.

Big Picture, Aktien-Markt, Notenbank-Blase: Was passiert ohne die FED-Drogen? QE4 nur eine Frage der Zeit?

Impressive Chart und ein sehr wichtiger Reminder für alle Börsianer - credit to JPM and ZH:

Peru: Kupfer-Produktion steigt sprunghaft an

Interessanter Chart - credit to IKN:


Peru copper production moves up big (at last)

It was supposed to be hitting new heights this time last year, but the delayed ramp-up of Toromocho and various glitches in other larger operations have seen Peru's copper production monthlies largely flatline.

Not any more: Toromocho is starting to work as planned, Constancia has kicked in, the other big ones have made their quotas and the result is

Dienstag, 8. September 2015

Gold-Explorer TerraX Minerals erzielt neue Gold-Discovery auf Flaggschiff-Projekt Yellowknife City Gold (YCG) in den kanadischen Northwest Territories

Der solide kapitalisierte Gold-Junior TerraX Minerals (TSX-V:TXR), der in Zusammenarbeit mit Branchenprimus Osisko Royalties (TSX:OR) sein Haupt-Projekt betreibt, verkündet heute eine neue Gold-Discovery.

Die hoch-gradige Neu-Entdeckung kann sich durch die Bank sehen lassen und unterstreicht erneut das immense Potential von TerraX's Yellowknife City Gold-Projekt im Norden von Kanada.

Das Bohrprogramm läuft ebenfalls auf Hochtouren und schon bald wird TerraX neue Bohrergebnisse vorlegen.

Yellowknife, Northwest Territories – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) has received results from channel sampling of additional new zones of mineralization on the Hebert-Brent Shear (11.0 m @ 7.55 g/t Au reported August 11, 2015) at Yellowknife City Gold ("YCG"), immediately north of Yellowknife in the Northwest Territories. Assays from cut channel sampling across the strike of two zones returned:
  • 6.0 m @ 10.26 g/t Au ("Hebert-Brent South") and
  • 15.3 m @ 2.23 g/t Au, including 6.00m @ 4.05 g/t Au ("Hebert-Brent East").
These result are highly significant, indicating high grade zones of mineralization across a sheared area approximately 80 metres wide in the Hebert-Brent Shear area which is 1 km south and on strike with the Barney Zone drilled in 2014 (22.42 m @ 6.35 g/t Au in hole NB95-16W1 - see our news release of August 25, 2014), all within the newly mapped deformation zone called the Barney Deformation Corridor ("BDC"). 

Joe Campbell, P. Geo, President of TerraX, states "These high grade sampling results give added confirmation of the gold endowment in the recently discovered Hebert-Brent Shear area. Despite 75 years of exploration on the YCG property this outstanding area of gold mineralization went undiscovered, with no previous surface workings or drilling prior to TerraX's work in 2014 and 2015. This exploration success is a strong endorsement of our corporate strategy to acquire property and explore within an established major Canadian Gold camp."

The trench on the Hebert-Brent South zone is located approximately 75 metres south of the original channel samples reported on August 11, 2015 (11.0 m @ 7.55 g/t Au) and returned 6.0 m @ 10.26 g/t Au. The Hebert-Brent South Zone is potentially the strike extension of the original Hebert-Brent Zone, or is a closely parallel zone..



Stuart Rogers of TerraX Minerals Inc Interviewed on Market One Minute

Quote #2:

TerraX Minerals erhält weiteren Ritterschlag: Nächstes Investment plus NSR-Deal mit Branchenprimus Osisko Royalties

Geniale Firmen-News und Fortschritte beim kanadischen Gold-Explorer TerraX Minerals (TSX-V:TXR), der auf einem sehr guten Weg ist, einem ruhmreichen Gold-District neues Leben einzuhauchen..

China erhöht erneut die "offiziellen" Gold-Reserven - stößt Dollar-Reserven ab

Im August 2015 erwarb China laut der chinesischen Zentralbank weitere 16 Tonnen Gold. Die "offiziellen" Gold-Reserven betragen nun 1.693 Tonnen Gold (Quelle).

Der Blick auf den informativen Langfrist-Chart (credit):

Zum anhaltenden, chinesischen Goldrausch und den kontroversen, "offiziellen" Gold-Reserven ein passendes Video aus unserem letzten Rohstoff-Talk:


China stockt Goldreserven auf und stößt „Papier“-Reserven ab

Auswirkungen des Aktiencrashs in China: Zentralbank hält mehr Gold, aber weniger Devisen. (Foto:

Die chinesischen Goldreserven sind im August erneut gestiegen. Unseren Berechnungen zufolge kamen rund 16 Tonnen hinzu. Die Devisenreserven Chinas sind dagegen insgesamt zurückgegangen.

Wie bereits vergangenen Monat berichtet macht die chinesische Zentralbank nun monatlich Angaben zu den eigenen Goldreserven. Heute wurden die Zahlen aktualisiert.

Die aktuellen offiziellen Goldreserven der People’s Bank of China sind demnach im August um 4,3 Prozent auf 61,795 Milliarden US-Dollar gestiegen.

Bewertet man die Reserven mit einem Goldpreis von 1.135 US-Dollar pro Feinunze (letzter Londoner Goldpreis im August) so ergibt sich daraus eine Goldmenge von 54.444.933,92 Unzen. Das entspricht 1.693,24 Tonnen Gold.

Offizielle Währungsreserven Chinas im August (Quelle: China State Administration of Foreign Exchange)


Montag, 7. September 2015

Rare Earth Investing News über die Pleite von Molycorp und die Auswirkungen auf den Rohstoff-Sektor der Seltenen Erden

Der aktuelle Beitrag von REIN, u.a. über MolycorpMedallion Resources (TSX:MDL) und Ucore Rare Metals (TSX:UCU):

Luisa Moreno on Molycorp and the Rare Earths Market 

Luisa Moreno of Tahuti Global believes there could still be opportunity in the rare earths space in spite of Molycorp's recent troubles.

Last week, US rare earths producer Molycorp (OTCMKTS:MCPIQ) announced plans to transition its Mountain Pass facility to care-and-maintenance mode, with production to be suspended no later than October 20.

The latest Molycorp news might have been a bit unexpected for some. After all, when the company filed for Chapter 11 bankruptcy protection in June, it stressed that operations at Mountain Pass would continue as normal. Certainly, the shutdown has sparked fresh questions about the company’s future and about US rare earths production in general.

To get more insight on the news, the Investing News Network spoke with Luisa Moreno, senior analyst and managing partner at Tahuti Global, about what led to Molycorp’s latest troubles and what the suspension of production at Mountain Pass could mean for other players outside of China.

While Moreno admitted that times are still tough in the rare earths sector, she suggested there could be opportunity for other companies in the wake of Molycorp’s troubles.

Falling rare earths prices, commissioning issues

Despite earlier statements suggesting Mountain Pass would remain online, Moreno did not seem surprised that it was put on care and maintenance.

“Essentially, they have negative earnings out of that plant, so it’s not profitable at all,” she stated. “Obviously they cannot continue running it for perpetuity unless there is improvement in the market in terms of prices, or unless they can fund further the commissioning of the plant.”

Moreno noted that Molycorp’s other assets in China and Estonia are profitable, but that those operations might not necessarily be able to support Mountain Pass. 

Taking a closer look at what went wrong, Moreno noted that after spending $1.5 billion expanding Mountain Pass, Molycorp still wasn’t able to fully optimize its operations to make them cost effective. The company had issues with leaching at the front end of the plant, as well as problems with a plant meant to recycle reagents used in the recovery process.

Moreno stated that only those working on the ground at the plant could estimate how close Mountain Pass was to reaching optimization. 

“It’s possible that it’s a question of time,” she said. “By trial and error, you have to run through the whole plant, and eventually you can optimize everything. And that’s fine, and I think it’s possible. But they might need a few more quarters to achieve it, and obviously they were running dangerously out of money.”

Still, Moreno suggested that “keeping it simple and small is sometimes better” in terms of rare earths projects. 

She explained that Molycorp chose to use conventional technologies for the mining and production of rare earths, but that it had planned a large-scale, complex, fully integrated plant that was very green and clean. “All of that is good, but maybe if they had tried smaller modular upgrades, they might still be in production today,” she said.

Of course, Moreno noted that falling rare earths prices made things even more difficult. “It’s not unusual for a chemical plant to take over two years to commission,” she explained. “The difference is that [Molycorp found] themselves in a rather poor commodity price environment.” 

Rare earths prices have continued to drop this year, driven in part by the elimination of export tariffs from China. Moreno noted that prices for some metals have touched levels not seen since the early 2000s, and that others are fast approaching those levels.

Opportunity for juniors?

Moreno still believes that Molycorp will continue to operate in the long run. While only those at the company know its next move, Moreno suggested it might be possible to eventually split up the company, allowing Molycorp to continue with its profitable assets only. In the meantime, she still sees opportunities in the space for other rare earths players.

“I think there is an opportunity, if these players can come up with a story that is different from what Molycorp has presented,” she said. “Maybe that might be a different business model where instead of mining, they’re using stockpiles from other operations or using a by-product of different mining operations.”
Critical-Metals-Investing-Primer-CoverThere is no guide to critical metals investing that is more concise, clear and authoritative. Download this FREE Special Report, Investing in Today’s Critical Metals – Context for Lynas News and Molycorp News.
For example, Moreno stated that Medallion Resources (TSXV:MDL,OTCQX:MLLOF) is looking to produce rare earths from monazite sand, which was the main mineral for the production of rare earths in the 1960s. Since monazite is a by-product of mineral sands production, Medallion could buy the material from mineral sands companies without having to incur the costs of a mining project itself. 

Moreno added that some companies are pursuing innovative processing technologies that could help bring costs down and make them more competitive. She pointed to Ucore Rare Metals (TSXV:UCU) and GeoMegA Resources (TSXV:GMA) as examples.

“Ucore, for instance, has a deposit in Alaska, but they also are pursuing a new technology, molecular recognition technology, with a company that has built that for the recovery of a different metal,” she said.

Those [companies] that are able to bring new solutions, either by using stockpiles from existing mining operations, or by going in and developing their own mine with really specific and economic processing technologies. I think that could be really interesting.”




R.I.P. Molycorp: Einstiger Mega-Highflyer im Rohstoff-Sektor der "Seltenen" Erden meldet Insolvenz an

Ein wahnsinnige Story geht zu Ende. Von einem einstigen Multi-Milliarden Unternehmen, Sektor-Leader und Vorreiter in die Insolvenz. Der Aktienkurs fiel von 80 USD auf weniger als 50 Cents zurück, bevor die Verantwortlichen voll komplett das Handtuch warfen..


Glencore schlägt zurück: Rohstoff-Gigant tritt auf die Kosten-Notbremse, stoppt Minen, fokussiert Schuldenabbau, streicht Dividende

Der Rohstoffriese Glencore (LSE:GLEN) reagiert auf die brutale Marktlage und kündigt aggressive Aktionen an - um die historische Krise am Rohstoff-Markt zu überstehen. Es gleich in einigen Bereichen einer Kapitulation.

Alles fokussiert sich bei Glencore jetzt auf den Schulden-Abbau und die Erhöhung der entscheidenden Liquidität. So kommt es beim tief gefallenen Rohstoff-Giganten zu einer bereits erwarteten Kapitalerhöhung (KE).

Erwähnenswert ist in dieser dunklen Zeit insbesondere DAS geniale Commitment des erfolgsverwöhnten Managements. Die Insider werden weitere 550 Mio. USD in den traditionsreichen Konzern investieren und zeichnen dadurch satte 22% der totalen KE-Summe. (siehe NR).

Damit teilen die Verantwortlichen ein wenig den großen Schmerz der Aktionäre, die im Hinblick auf den gewaltigen Aktienkursverfall erheblich einstecken musste.

Der starke Insider-Support spricht in jedem Fall für sich und impliziert ein großes und wichtiges Vertrauenssignal.

Darüber hinaus ist die heutige News von Glencore ein sehr gutes Signal für den Kupferpreis bzw. die Bilanz von Angebot und Nachfrage am Kupfer-Markt. Durch den Stopp von zwei signifikanten Kupfer-Minen werden nämlich 400.000 Tonnen Kupfer (p.a.) den Markt nicht mehr erreichen (Momentaufnahme, Target)..


Glencore $GLEN.L 136 pence, Mkt Cap £17.8 bn – Capital raise to reduce debt 

Comment via John Meyer's
  • The company is to raise US$2.5bn from a proposed equity issue.
  • 78% of the issue has been underwritten by Citi and Morgan Stanley.
  • 22% or US$550m is to be taken up by senior management including the CEO, CFO and several Board members.
  • A further US$7.7bn is to be raised by initiatives to be implemented by the end of 2016.
  • US$1.6bn is to come from the 2015 final dividend and US$800m from the suspension of the 2016 interim dividend.
  • Working capital reduction is to generate around US$1.5bn.
  • US$2bn is to be raised from asset disposals including proposed precious metals streaming.
  • US$500-US$800m is to be generated from a reduction of long term loans and advances made by Glencore (this totalled US$4bn in 2015).
  • Cut in capex is to result in a saving of US$500 to US$1bn by the end of 2016.
  • African copper operations at Katanga and Mopani are to be suspended till cost reduction projects are implemented.
  • The expansionary and upgrade programme is to reduce C1 cash costs materially to US$1.65 to US$1.70/lb from US$2.50/lb today.
  • This is expected to take 400,000 tonnes of copper cathode from the market.
  • Meanwhile Mutanda is said to be performing well producing above name plate capacity at a C1 cost of US$1.36/lb.
Conclusion: It is good to see the company taking decisive action to stem concerns about the group’s balance sheet. Management are taking up 22% of the proposed equity issue which will be seen as a sign of confidence in prospects for the business as well as sharing the “pain” with shareholders. Shareholders are to give up a total of US$2.4bn in dividends. Interestingly the terms of the rights issue have not been announced yet – short sellers would have been caught out this morning.

Closing down Katanga and Mopani while upgrades are implemented to improve costs makes sense rather than operating these businesses at a loss. This takes around 2.2% out of copper supply and should also help in terms of sentiment towards concerns of oversupply in the market..

Quote #2:

Glencore: Höchster Leverage auf den Kupferpreis unter den großen Produzenten

Quote #3:

Glencore leads European gains on plans to cut debt

Sep 7 2015, 07:54 ET | By: Stephen Alpher, SA News Editor  - Source:
  • The Stoxx 50 (NYSEARCA:FEZ) is off session highs, but still ahead by 0.55% at midday following Friday's sharp declines in the West.
  • Among the big movers is Glencore (OTCPK:GLNCY, OTCPK:GLCNF), up 7% in London action after announcing plans to shore up its balance sheet buy cutting net debt to about $20B by the end of 2016 (vs. a previous plan to cut it to $27B). As of the end of Q2, net debt stood at nearly $30B.
  • Among the measures will be the scrapping of the dividend, an equity raise of $2.5B, and the suspension of operations at two African copper mines. The company's senior management plans to buy 22% of the stock offering



Quote #4:

Der weltgrößte Rohstoff-Händler und einer der größten Minen-Konzerne der Welt (siehe Fusion mit Xstrata) wird an der Börse zerrissen.

Weshalb kommt der traditionsreiche Multi-Milliardenkonzern Glencore (LSE:GLEN) so enorm unter Druck..?

Trotz historischer Mega-Baisse bei den Goldminen: Aus welchen Gründen fällt die Goldminen-Produktion (noch!) nicht ?!

Diesem Thema widmete sich Lawrie Williams in einem Artikel auf - recommended.

Btw. Der weltgrößte Goldproduzent Barrick Gold (NYE:ABX) arbeitet in diesem Markt- und Goldpreis-Umfeld ja schon lange primär für die Gläubiger, sekundär für die Aktionäre. Dem muss man sich klar werden.

Why gold mine output is not yet falling

Logic suggests there should be a sharp reduction in mined gold output due to lower gold prices, but this has not been the case..

Quelle:, Metals Focus, 24hgold, lawrieongold

Brazil Resources: Site Visit von Analysten und Investment-Bankern auf dem Gold-Projekt Sao Jorge in Brasilien

Tolle Einblicke von Rodman & Renshaw Capital Group aus New York:

Gesamtes Research-Update inkl. Site Visit Kommentare:

Credit & Rights.


Sonntag, 6. September 2015

Tesla: Elektroauto-Pionier Elon Musk entfacht neue Lithium-Spekulationen, Internet-Community kurbelt Gerüchteküche an

Spezialmetall-Experte Simon Moores meldet sich auf CEO.CA mit einem aktuellen Beitrag zum neu entfachten Lithium-Hype zu Wort:

The Elon Musk Tweet That Has Everybody Talking About Lithium in Nevada

By Simon Moores, Co-Founder and Analyst at Benchmark Intelligence
Tesla Motors’ CEO Elon Musk has admitted the company is pursuing lithium deals in Nevada.
Tesla is looking to add to the conditional deal it struck with Bacanora Minerals / Rare Earth Minerals and Musk was forced to admit last night on Twitter that Nevada projects are being considered.
Last week’s lithium supply deal with Bacanora from its Sonora clay project in Mexico was the first Gigafactory raw material agreement to be announced, a situation that has gripped the junior mining sector since February 2014
The development surprised many sectors of the mining and investment industries, however. Not only because it is one of the newer lithium assets on the market but also with Tesla’s willingness to back the higher risk junior mining sector rather than striking a deal with an established producer.
But this discussion migrated into the realm of politics yesterday with an articlepublished by the Las Vegas Sun asking whether Elon Musk or the Nevada lawmakers were to blame for a Nevada-based lithium project not getting the green light.
Nevada is the only location in North America to mine lithium. Albemarle / Rockwood’s Silver Peak operation produces comparatively small amounts of lithium carbonate and lithium hydroxide to the rest of the world – the latter being the product needed by the Gigafactory.
In response to the article, Elon Musk took to Twitter to defend Tesla.
Politics Editor at the Las Vegas Sun, Scott Lucas, questioned whether Elon Musk “played” Nevada after the state gave Tesla $1.25m in tax breaks only for the company to turn to Mexico for its lithium.
Elon Musk responded by explaining that the deal with Bacanora was “not exclusive” and it was “definitely” correct to assume that Tesla is also going for Nevada sources of lithium. This confirmed Benchmark‘s expectation last week that the Bacanora deal is just the start of a series of Gigafactory raw material deals to be announced by Tesla.
Lucas Musk Twitter - Benchmark
Will politics influence Tesla’s next lithium call
There is no doubt that all major sources of lithium – both active and in development – have been considered by Tesla in its quest to secure the 25,000 tonnes of lithium hydroxide the Gigafactory will need at capacity. This is far more than any one producer can supply in today’s market and it will be needed as soon as 2020..

Goldminen, Goldaktien: Relative Bewertungen zu US-Aktien auf Allzeit-Tiefständen

Im August 2015 fielen Goldminen (Benchmark BGMI) in Relation zu US-Aktien (Benchmark S&P 500) auf einen neuen Tiefstand. Noch nie waren Goldaktien günstiger im Verhältnis zu amerikanischen Equities (credit):