The Dig - Aktueller Wochen-Rückblick vom Haywood Mining Team

The Dig – Haywood Mining Team’s week in review

Der wie immer lesenswerte Wochenrückblick vom Haywood Mining Team.

The Dig – Haywood Mining Team’s week in review

POSTED ON OCTOBER 17, 2014 BY HAYWOOD MINING TEAM
CATEGORY HAYWOOD SECURITIES,

Some believe that the reason policemen are nicknamed “cops” or “coppers” is to do with their uniforms which used to have copper buttons. Source: miningiq.com

Mining Equities Recover After Early-Week Slump

Metal prices were mostly down again for the week, with the exception of gold which bucked the trend, rising 1.2% to $1,239 per ounce as of Friday. Mining equities were down on Wednesday, with the TSX Composite and TSX Venture down as low as 13,732 and 772 respectively, before recovering to finish at 14,243 and 808 on Friday. The volatility has continued from the previous week; with concerns aver Chinese growth and Europe’s economic recovery, as well as an improving U.S. economy and stronger U.S. dollar contributing to the recent performance. Housing and employment data in the U.S. in particular continued to perform well, with MBA mortgage applications rising by 5.6% and initial jobless claims falling by a further 23,000 to 264,000, a 14-year low. For other precious metals, silver, platinum and palladium finished at $17.28, $1,260 and 754 per ounce respectively. Base metals also fell, with copper down 0.2% to $3.03 per pound, nickel down 4.3% to $7.09 per pound, lead down 1.9% to $0.91 per pound and zinc down 2.71% to $1.02 per pound. Iron ore (CFR China 62% Fe) finished slightly higher at just over $80 per tonne.

Here’s what’s in the Dig this week:

Click here for the full report.

Quelle: http://ceo.ca/2014/10/17/the-dig-haywood-mining-teams-week-in-review-10/

The Dig - Wochen-Rückblick vom Haywood Mining Team

Wie immer lesenswert, hier der Link zum gesamten Report.

The Dig - Haywood Mining Team's week in review

POSTED ON SEPTEMBER 05, 2014 BY HAYWOOD MINING TEAM
CATEGORY MINING,

Haywood’s Heritage Moment: Canada is a leader in the international mining industry and its post secondary institutions are world class. Over 25 colleges and 9 universities in Canada offer mining programs ranging from certificates to PhD’s. Source: Mining Association of British Columbia

Markets Tapped Out on Lackluster Economic Data: As Mining Sentiment Softens

Mixed signals across multiple geopolitical forums, a building NATO response to the Ukraine Crisis, building ECB monetary stimulus of the Euro and tepid US economic data during the week have conspired to lead markets into the red for the week, and comes despite EU market indices initially running higher after the ECB announced reduction in key benchmark rates. Ukraine-Russian tensions continue to broaden their impact with waves of counter sanctions and pledges from EU nations building a NATO rapid reaction force. Going into the weekend, a cease-fire agreement between the Ukraine and Pro-Russian separatists appears to have been negotiated and is due to kick-off at 6 pm Friday night (local time). Mining equities have taken it on the chin this week as gold dropped close to 2% despite winning temporary support after the ECB announcement to cut benchmark rates and the release of weaker than expected US non-farm payroll data for August (142,000 vs 223,000). The Dow Jones finished down at 17,137 for the week, and the S&P500 closed at 2,008. The S&P/TSX Venture declined to 995 while the S&P/TSX closed down at 15,570. For commodities, nickel witnessed an increase to US$8.84 per pound on political grandstanding in the Philippines. Precious metals declined with gold trending lower, closing down 1.5% to US$1,267 with silver following in tow down to US$19.22 per ounce. Wrapping up the precious metals, platinum and palladium each finished the week at US$1,410 and US$889 per ounce respectively. Copper was down marginally to $3.17 per pound, while zinc was up marginally, finishing at $1.08 per pound..

Link: http://ceo.ca/2014/09/05/the-dig-haywood-mining-teams-week-in-review-4/