THE WORLD’S INVENTORY OF THIS RARE METAL HAS QUIETLY FALLEN TO ZERO

Here’s a story you haven’t heard anything about. But which might vault into the headlines of the mining investment world very, very soon. World molybdenum stocks are nearly gone. That was revealed in data released last week from the London Metal Exchange. With a monthly report from the world’s premier metals trading platform showing that moly stocks … Read more

MINERS JUST GOT THREE YEARS OF TAX-FREE PROFITS IN THIS RISING NATION

Governments are starting to take drastic action in helping the beaten-down mining sector. With Polish lawmakers announcing this week they may give tax breaks to state copper miner KGHM — and calls growing stronger in Chilean political circles for the government to help recapitalize national copper producer Codelco. And that kind of government goodwill was very good this past … Read more

THESE BACKROOM TALKS COULD SEAL THE FATE OF THE WORLD’S #1 COPPER MINER

Whispers of a possible game-changing deal in the copper market yesterday. Arising out of emergency talks being held for the world’s top mining firm. Chile’s state miner Codelco. Local Chilean press reported that Codelco’s chairman Oscar Landerretche was summoned Wednesday to appear before the national Chamber of Deputies. To discuss a “structural recapitalization” of the troubled firm. Chile’s … Read more

PRIME MERIDIANS – THE REAL REASON ENERGY COMPANIES ARE GOING BANKRUPT

Libya rebelled against OPEC. The former major oil producer says it won’t join a production freeze until it restores output. The Philippines moved on more miners. At least 10 firms will likely be suspended next week — and there could be more. Attorney Generals investigated ExxonMobil. Prosecutors are looking into whether the major cheated in booking reserves value. The world’s #1 coal … Read more

THIS EMERGING MINERALS NATION JUST CREATED A $500M MINING FUND

Lots of interesting mining opportunities emerging these last few weeks — on one particular continent. Africa. Uganda, for example, said last Wednesday that it will improve rules around landowner compensation for mining projects. Making it simpler for developers to obtain lands needed to move new mines ahead. And Botswana also had some interesting news. With the government … Read more

HERE’S GOOD NEWS AND BAD FROM THE WORLD’S BIGGEST GOLD MARKET

Things are topsy-turvy right now in the world’s top gold market, India. Where prices are rising, but warnings are emerging about further big declines in gold imports as 2016 continues. Platts reported yesterday that gold prices across India have been under strong upward pressure. With demand starting to pick up ahead of the fourth quarter wedding and … Read more

PRIME MERIDIANS – A CHEAT SHEET TO NIGERIA’S GOLD POTENTIAL

Molybdenum stockpiles disappeared. New data from LME shows warehoused metal has plunged to almost nothing since May. Nigeria wooed miners with tax cuts. The country will offer a three-year tax holiday on new mines as it seeks to diversify from oil. Europe’s largest natgas field faced more cuts. Dutch regulators may restrict output from the Groningen field due to earthquake risk. Chile fretted … Read more