Freitag, 9. Oktober 2015

Lukas Lundin of Denison Mines and Dev Randhawa of Fission Uranium interviewed on Market One Minute

Noch ein aktuelles Interview passend zum vorherigen Beitrag.


Glencore macht ernst: Massive Drosselung der Minenproduktion, großes Signal für die Minenbranche

Ganz wichtiges und starkes Signal von Glencore (LSE:GLEN). Diese Nachrichten sind der Hauptgrund für die heutige Preisexplosion bei vielen Rohstoffen - allen voran den Basismetallen - und werden signifikante Signalwirkung nach sich ziehen.

Glencore hatte nicht mehr wirklich eine Wahl..

Glencore to reduce mine production by 500,000 tonnes of zinc metal per annum 

Glencore is announcing today a 500,000 tonne reduction of contained zinc metal mine production across its operations in Australia, South America & Kazakhstan. The main reason for the reduction is to preserve the value of Glencore’s reserves in the ground at a time of low zinc and lead prices, which do not correctly value the scarce nature of our resources. 

These changes, which represent around one-third of Glencore’s annual zinc production, will reduce fourth quarter 2015 mine production by approximately 100,000 tonnes of contained zinc metal.

Glencore's operations at Lady Loretta in Australia and Iscaycruz in Peru will be suspended and operations at George Fisher and McArthur River in Australia and various mine operations in Kazakhstan will reduce production levels. Glencore remains positive about the medium and long term outlook for zinc, lead and silver prices. 

This decision will ensure that our zinc operations are sustainable well into the future, providing jobs in the communities where we operate and returns to shareholders. These changes, although temporary, will unfortunately affect employees at our operations. This decision has not been taken lightly. In the coming days we will engage with all employees and put in place support services to assist people who may be affected as a result of these changes..

Linkhttp://glencore.com/assets/Uploads/201510090100-Glencore-to-reduce-mine-production-by-500000-tonnes-of-zinc-metal-per-annum.pdf





Copper, Junior Mining: Excelsior to Purchase Johnson Camp Mine and Raise US$12 Million

Smarter Deal von Excelsior Mining (TSX-V:MIN), der sich richtig auszahlen kann.

Excelsior to Purchase Johnson Camp Mine and Raise US$12 Million

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 8, 2015) –

Excelsior Mining Corp. is pleased to announce that it, through a wholly-owned Arizona subsidiary, has entered into a definitive Asset Purchase Agreement (the “Purchase Agreement”) to acquire all of the assets of Nord Resources Corporation (“Nord”), as they relate to the Johnson Camp Copper Mine (the “Johnson Camp Transaction”). The Johnson CampCopper Mine (“Johnson Camp”) is located immediately adjacent to Excelsior’s Gunnison Copper Project in southeastern Arizona (the “Gunnison Project”). The Company also announces that it has entered into a binding term sheet for a concurrent financing of US$12 million..


Das deutsche Steuersystem oder die ewige Cash Cow

Gelungener Cartoon - credit to Twitter Stream:

Quelle: Twitter Stream

Fission Uranium, Denison Mines: Town Hall Meeting in Vancouver - Discussion of Merger

Sehr spannende Debatte im Town Hall Meeting von Fission Uranium (TSX:FCU) und Denison Mines (NYE:DNN) in Vancouver diese Woche. Nach wie vor ist es unsicher, ob der Merger-Deal durchgeht. Die zwei Chefs müssen gerade mächtig Gas geben, um die Aktionäre überzeugen zu können..




Quote:

Fission Uranium schließt sich mit Denison Mines zusammen: Ein neuer Top-Urankonzern im Weltklasse Athabasca Basin entsteht

Vor kurzer Zeit gaben die Junior-Miner Fission Uranium (TSX:FCU) und Denison Mines (NYE:DNN) einen freundlichen Zusammenschluss bekannt, welcher natürlich im globalen Uran-Business für großes Aufsehen sorgte und heiß diskutiert wurde..

Linkhttp://rohstoffaktien.blogspot.de/2015/07/fission-uranium-schliet-sich-mit.html

Eisenerz, Afrika: Wie massiv ist die Korruption im El Dorado von Guinea?

Hierzu ein informativer Artikel von The Globe and Mail:

Wealth of iron ore in Guinea’s Simandou buried by corruption, politics

Simandou has been called the El Dorado of iron ore; it’s thought to be the biggest untapped resource of its kind on the planet and is worth a fortune. The problem is, too many companies want a piece of it and the intrigue and alleged corruption that have surrounded its exploitation seem lifted from a John le Carré espionage novel...

Linkhttp://www.theglobeandmail.com/report-on-business/international-business/wealth-of-iron-ore-in-guineas-simandou-buried-by-corruption-politics/article26639477/

Donnerstag, 8. Oktober 2015

Rohstoffe, Quartalsbilanz: Blutrotes Q3 2015 - Größter Quartalsverlust seit 2008

Für Rohstoffe geht das 3. Quartal 2015 als einer der schlechtesten Quartale aller Zeiten in die Geschichte ein.

Ein Blick auf die Entwicklung des repräsentativen Bloomberg Commodity Index:

Quelle: bloomberg.com



Breakup Of Global Copper Consumption

Again, it's all about China. Credit to Market Realist.

S&P 500 Earnings: "Q3 S&P 500 Earnings To Fall For The First Time Since Q3 2009"

Informativer Bericht von Valuewalk:

Auszüge:




Phosphat-Produzent DuSolo Fertilizers sichert sich strategische Finanzierung, erhält Unterstützung von Großaktionär Tembo Capital

DuSolo Fertilizers' (TSX-V:DSF) neuer CEO Darren Bowden kann den ersten Firmen-Meilenstein in seiner Amtszeit vermelden.

In einer sehr anspruchsvollen Marktphase schafft es DuSolo erfolgreich eine wichtige Finanzierung zu stemmen. Dabei kann der in Brasilien tätige Phosphat-Produzent erneut auf seine starken Großaktionäre rund um Tembo Capital zurückgreifen. Jetzt kann die Junior-Firma erst einmal durchatmen und sich wieder auf das Business fokussieren..

DuSolo Secures $3.2 Million in Financings

Closes First Tranche of Private Placement and Arranges Convertible Loan

DuSolo Fertilizers Inc. (TSX VENTURE:DSF) ("DuSolo" or "the Company") is pleased to announce that it has closed the initial tranche of its non-brokered private placement ("the Private Placement") previously announced on September 14 and September 18, 2015 and has signed a one-year convertible loan agreement, for aggregate gross proceeds of C$3.2 million.

"We are encouraged by the support we received from the market for this financing," said Darren Bowden, Chief Executive Officer. "DuSolo is now in a financial position where we can move forward with our plans to improve our operations, increase sales and marketing activities, and begin exploration at our newly acquired asset.."

Linkhttp://dusolo.com/investors/news-releases/release.php?source=/article/xml&id=1994192




Quote:

DuSolo investor acquires 7.96 million company shares
2015-10-06 19:20 ET - News Release

TEMBO CAPITAL MINING FUND LP ACQUIRES ADDITIONAL COMMONS SHARES OF DUSOLO FERTILIZERS INC.

Pursuant to a non-brokered private placement of DuSolo Fertilizers Inc. of common shares, which closed on Oct. 1, 2015, Tembo Capital Mining Fund LP, of Carinthia House, 9-12 the Grange, St. Peter Port, Guernsey, GY1 4BF, United Kingdom, has acquired 7,965,000 common shares of DuSolo at a price of 10 cents per share for a total subscription price of $796,500. 

As part of the offering, for each common share acquired, Tembo Capital Mining Fund also received one-half common share purchase warrant. Each whole warrant entitles the holder to acquire one common share at an exercise price of 15 cents for a period of 36 months from closing.

Immediately following the closing of the offering, Tembo Capital Mining Fund had beneficial ownership of, and control and discretion over, directly or indirectly, 28,063,519 common shares, or approximately 18.15 per cent of the issued and outstanding common shares of DuSolo, and 3,982,500 warrants.

Tembo Capital Mining Fund is an accredited investor, and therefore, DuSolo relied on the exemption from prospectus and registration requirements in connection with the foregoing transaction, contained in Section 2.3 of National Instrument 45-106 (prospectus and registration exemptions).

Tembo Capital Mining Fund acquired beneficial ownership of, and control or discretion over, the common shares and warrants that are the subject of this report for investment purposes and intends to review its investment in DuSolo on a continuing basis..


Quellehttp://dusolo.com/investors/news-releases/release.php?source=/article/xml&id=1994192



Quote #2:

DuSolo Fertilizers: Against All Odds?

Phosphat-Produzent DuSolo Fertilizers (TSX-V:DSF) steht wie 95% der Junior-Miner an der Börse stark unter Druck (siehe Benchmark-Chart unten).

Doch nicht nur der historische Bärenmarkt in der Rohstoff- und Junior-Miningbranche belastet DuSolo. Druck kommt von allen Seiten gerade in Brasilien. Der einstige Wachstumsstar in Südamerika hat mit enormen Problemen zu kämpfen. Die Wirtschaft ist in eine Rezession gerutscht und in der Bevölkerung wächst weiter der Widerstand gegen die hoch kontroverse Regierung. Definitiv gegenwärtig kein einfaches Pflaster für Rohstoffunternehmen, die in Brasilien Projekte betreiben
..

Freeport-McMoRan vor signifikanten Umstrukturierungen: Carl Icahn geht an Bord, positioniert zwei Vorstandsmitglieder

Wie es zu erwarten war. Hierzu ein aktueller Bericht vom WSJ:

Freeport-McMoRan Adds 2 Icahn Directors

Move comes day after struggling mining and energy company had cut board by 44%

Freeport-McMoRan Inc. said Wednesday that it added two new independent board members through an agreement with billionaire investor Carl Icahn, a day after the mining and energy company reduced its number of directors by 44%..

Linkhttp://www.wsj.com/articles/freeport-mcmoran-adds-2-icahn-directors-1444226819





Quote:

Freeport: A bump and a wink from Icahn

Freeport shares go on a little run, with some help from you-know-who..

Linkhttp://www.mineweb.com/news/base-metals-and-minerals/freeport-a-bump-and-a-wink-from-icahn/

Klondex Mines: Projektbesichtigung in Nevada, NYSE-Listing, neues Research

Vor ein paar Wochen war ich auf meiner letzten USA-Reise auch live bei einem sehr informativen Site Visit von Klondex Mines (TSX:KDX) dabei.

Klondex ist seit geraumer Zeit einer der erfolgreichsten Goldproduzenten der Welt, was gewiss auch sofort an der signifikanten Outperformance der Klondex-Aktie gegenüber allen Goldminen-Benchmarks (vgl. HUI, GDX, GDXJ) während der letzten 3 Jahre ersichtlich ist (Chart).

Die Goldgesellschaft hat sich im lukrativen US-Bundesstaat von Nevada etabliert, der Goldminen-Förderregion Nr. 1 weltweit. Unter anderem betreibt die Firma dort die hochgradigste Untergrund-Goldmine der Welt (Fire Creek). Produziert wird in der Midas-Mine, die Klondex von Newmont Mining (NYE:NEM) übernommen hat (NR).

Hier ein paar visuelle Eindrücke von der Projektbesichtigung:



Der Goldförderer gab außerdem vor kurzer Zeit einen großen Meilenstein bekannt: Seit ein paar Tagen ist die Klondex-Aktie auch an der renommierten Börse in New York gelistet. Das Symbol lautet: KLDX. Link.



Werfen Sie an dieser Stelle auch noch einen Blick in das aktuelle Research-Dokument von Ringler Consulting and Research GmbH - zahlreiche gute Charts und Informationen.

Research-Link.






Quote:

Danke an das KDX-Team für eine sehr gut organisierte Tour mit zahlreichen, tollen Einblicken.

Quelle: Own Data (c) JRBklondexmines.com


Quelle: Own Data (c) JRBklondexmines.com


Quelle: Own Data (c) JRBklondexmines.com

BNN - Lukas Lundin says he’s back on the acquisition trail

Der legendäre Rohstoff-Entrepreneur Lukas Lundin stellt sich einigen Fragen auf BNN.

Recommended Video-Interviewhttp://www.bnn.ca/Video/player.aspx?vid=721212

Quelle: bnn.ca

Mining and commodity giants: Evolution of Credit Default Swaps (CDS)

Spektakulärer und sehr brisanter Chart - credit to Bloomberg:


Mittwoch, 7. Oktober 2015

Morgan Stanley, mining stocks: "Emerging markets, miners a screaming buy"

Und auf einmal geht Morgan Stanley in den "Bullen-Modus" über - gewiss kein Zufall.

Der Hauptgrund für die heutige Kurs-Explosion bei den Blue Chips der Rohstoff- und Minenbranche:

Emerging markets, miners a screaming buy, says Morgan Stanley

Published: Oct 7, 2015 8:35 a.m. ET

Strategists lift mining sector to overweight from underweight

A one-two punch of global-growth jitters and a slump in commodity prices are freaking out investors. In that atmosphere investors have become skittish about buying battered stocks now.

Morgan Stanley, however, argues that the time to buy those assets is now.


In a Wednesday note, the investment firm makes the case that the stars are aligning to make emerging-markets and miner stocks a good fourth-quarter bet.

“While many investors remain wary of markets just here, we think we’re setting up for a strong 4Q rally, even if the next few weeks remain volatile.”Morgan Stanley

“We recommend investors raise their exposure to EM/commodities given the combination of very low sentiment, attractive relative valuations and a likely inflection in macro sentiment,” analysts led by Graham Secker, the bank’s chief European equity strategist, said in the report.

“While many investors remain wary of markets just here, we think we’re setting up for a strong 4Q rally, even if the next few weeks remain volatile.”

Morgan Stanley says the real boost should come from China. That is the same China that unsettled investors, sparking a global rout in markets this summer. The bank says improved news flow out of China on both economic growth and policy-making should lift sentiment across emerging markets.

Fears of a so-called hard landing in China, as Beijing attempts to manage a slowdown in the world’s second-largest economy, hit emerging-markets stocks and their currencies.

Emerging-market equity funds have seen 14 consecutive weeks of outflows, with the current outflows representing the largest since 2008, according to Morgan Stanley.

Morgan Stanley argues that 10 weeks of outflows typically is a good contrarian buy signal and that “any sign of stabilization of EM data would be the catalyst to encourage investors to start to rotate away from their current positioning.”

To reflect the newfound bullish stance on emerging markets, Morgan Stanley made a round of recommendation changes.

First, they upgraded the mining sector to overweight from underweight, based on expectations for stronger demand in the short term and extremely low valuations. On a company specific basis, Morgan Stanley lifted Rio Tinto RIO, +7.48%RIO, +7.34% RIO, +3.29% and BHP Billiton BLT, +4.58% BHP, +3.20% BHP, +1.59% to overweight from equal weight and raised Anglo American AAL, +9.98% to equal weight from underweight.

Secondly, the strategists said they are increasing the weighting toward companies exposed to emerging markets at the expense of European stock exposure. Within their basket of overweight-rated stocks with China-exposure, they pointed to Burberry BRBY, +1.39% BURBY, +2.29% LVMH Moët Hennessy Louis VuittonMC, +1.10% BMW BMW, +4.08% and Swedish ball-bearing maker SKFSKFB, +0.19% to name a few.

And third, Morgan Stanley recommended an overweight position in the U.K.’s FTSE 100 UKX, -0.01% while going underweight the more domestic-driven FTSE 250 IndexMCX, -0.59% This is partly because of the FTSE 100’s heavy weighting in mining shares, as well as the benchmark’s underperformance over the past 12 months..

Quellehttp://www.marketwatch.com/story/emerging-markets-miners-a-screaming-buy-says-morgan-stanley-2015-10-07

US-Aktienmarkt: Total NYSE Short Interest explodiert auf Rekord-Niveau, höchste Level vor Lehman Brothers

Sehr spannende Entwicklung - credit to ZH.

Quelle: NYSE, zerohedge.com

Dienstag, 6. Oktober 2015

BNN - Excelsior Mining CEO: Just soak out your copper. Much easier

Heute auf BNNhttp://www.bnn.ca/Video/player.aspx?vid=721277

Sprott Asset Management wendet sich vom Rohstoffmarkt ab: Zeichen für einen psychologischen Wendepunkt?

Spannende Entwicklungen @ Sprott.

Sprott Asset Management shifts from resources as bear market drags on

CALGARY - Sprott Asset Management, the Canadian investment firm best known for precious metals, doesn't want to solely be known for precious metals anymore.
The protracted bear market for commodities has forced the fund to diversify its investments and shift focus away from the resource sector, where it profited so substantially during the bull market of the 2000s.
Company chief executive John Wilson, who was brought on in 2012 to help lead the shift, says more than 80 per cent of the company's actively managed business in not related to resources at all today, compared with only around a quarter in 2012.
In an interview, Wilson said that Sprott actually started as a small-cap investment firm and saw big gains on non-resource plays like Tazer International, but the commodity bull market pushed the firm more into resources.
"The firm grew incredibly quickly through there and grew this reputation as a resource manager, but at its core that's not necessarily what it was about, it's just that's what worked, and that's what people wanted to put money in."
But the resource reputation has stuck, helped in part by founder Eric Sprott's affinity for gold, and Wilson said that the company determined from a recent survey that 70 per cent of Canadian fund managers still think of Sprott as only focused on gold and resources.
And so Sprott Asset Management, the biggest component of the Sprott Inc. (TSX:SII) public company, is now in the middle of a cross-Canada tour and advertising campaign to change the perception that it's only about resources as the bear market for commodities continues for a fourth year.
Wilson said precious metals, mining, and energy have "all been hit incredibly hard," and he doesn't see a turnaround soon as the fast growth in emerging markets that drove the commodity boom shows a lot of stress.
"Those growth rates are clearly decelerating pretty rapidly, and so over the near term, it doesn't look particularly compelling, and the price action is telling that," said Wilson.
As the commodity cycle wound down, Sprott Asset Management started shifting into new areas of investment and is now more involved in fixed income, blue-chip equity investments, and real asset investing outside of resources.
But despite the diversification, Sprott is still a big name in precious metals, in part as a major player in physical gold investments.
And Sprott Asset Management is currently pursuing a hostile takeover of Central GoldTrust and Silver Bullion Trust to increase its stake in the physical gold business.
If the company is successful in its all-share US$898 million offer, the firm plans to merge the two businesses with its own precious metals holding companies, the Sprott Physical Gold and Silver Trusts.
Wilson said he thinks Sprott can do a better job of managing Central GoldTrust and Silver Bullion Trust.
"Sometimes when you're the biggest in an asset class, and in precious metals we are, it is incumbent on you to clean up the space," said Wilson.
The deal is anything but certain, with Sprott already extending the deadline for its offer twice, the latest of which ends on Friday.
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