Mardi 26 avril 2011

Investing in large mining companies

prospecting

The objective of mining research is to supply the world wide market with raw mineral or energetic material. Considering most anything and everything we use these days are derived from some sort of mineral, piedra caliza thus being mined at one of the 7,000 mines worldwide shows the need for constant mine development. The more we are on this good Earth the more we’ll need from it. The more modern we get the more we consume, even a computer with a silicon chip runs on a mined mineral, being one of many examples. So until we start making plastic or fiberglass cars or airplanes, or any other means of transportation, for that matter, there will always be need for mines. When deciding to search for a certain kind of mineral, instead of another, it goes along with the economic and political world context. And can be decided by public or private organizations. Taking into consideration what your objective is first, determines where you go. You don’t go to a country or region and fish around to see what you find, its the other way around. Once you know specifically what you want and/or need, you begin to research through geologic history what areas are more prone to what mineralization. Since no two deposits are alike, comparison among them is risky. You still can base yourself on prior information or experiences, but just because a mineral in a particular location follows a particular pattern doesn’t mean that the same mineral an adjoining property will follow the same trend. In a first case scenario when starting with the search of raw material an mines is brought about by government organizations.

Private companies only intervene when it comes to utility or profit and the eventual search decisions are related to the constant fluctuation of the world market. So what maybe profitable today might not be tomorrow, making mining investment as highly profitable as it is risky. Having taken that into consideration and the fact that because mining proportions are generally large, not to mention the time that is spent on exploration, prospecting and building a site before there is any kind of profit, there is no such thing and short term investment, which is one of the reasons countries leave it to the private industry not being able to cope with the fact that some mining projects don’t begin making piedra caliza capri profits a decade or so after the beginning stages.

Investing in Mining Companies

Investing in large mining companies that have an amount of mines and produce a number of commodities is much the same as investing in other corporations like manufacturing, utility, or banking firms. Securities law in the countries where their stocks trade compels the companies to make their financial records public; analysts, investment dealers and the financial press study the quarterly and annual results and offer their opinions. The investor can use these professional opinions to form his own picture of a company’s prospects.

Anyone considering investing in the mining companies which are established, or in large established firms in any industry, should also consider whether the stock market as a whole is a good investment at the time. Many individual investors buy into the stock market when it is doing well, during a period of economic growth. It is during those times, however, that the market places a high value on shares. Buy then and you will pay a high price for stock. This creates the risk of being stuck with it or selling at a loss when the stock prices fall and the economy recedes.

Investors think it is very funny when they are told the old rule, "buy low and sell high", as though the Quarry crusher machine for sale advice is so obvious itdoesn’t have to be said. Then they pick up the phone and buy a stock that has just traded at its all-time high. An investor will get better results by buying shares when the market has been declining and prices are low. It is also wise to search out stocks that are not expandedly recommended — after all, if everyone is being told to buy Acme Widgets, demand will force its price higher. Forget Acme, and look for a better buy somewhere else.

Par autmay - 0 commentaire(s)le 26 avril 2011
Lundi 25 avril 2011

Gadhafi rolled defiantly through the streets of Tripoli

Moammar Gadhafi rolled defiantly through the streets of Tripoli, pumping his fists as he stood up through the sun roof of a sport utility mobile gold processing plants vehicle Thursday — the same day that NATO airstrikes shook the city.

The alliance’s foreign ministers, while united in their aim to pressure the Libyan leader to go, argued at a meeting over whether to step up military operations that have so far failed to rout him.

gaddafi 300x168 Gadhafi rolled defiantly through the streets of Tripoli

Gadhafi gave no sign that he’s willing to relent, despite two months of civil war and mounting international pressure for him to move aside. Instead, his loyalists pounded rebel positions in the besieged western city of Misrata with dozens of rockets for several hours, killing at least 13 people.

The main target of the assault was Misrata’s port, the only lifeline for rebels who have been trying to defend positions in the city, Libya’s third-largest, against Gadhafi’s forces.

In the capital of Tripoli, several large explosions were heard, and a column of black smoke rose from the southeastern part of the city, andesit stone followed by the sound of anti-aircraft guns, a resident said.

Libyan state TV showed Gadhafi on a fist-pumping, rapid SUV ride through Tripoli with dozens of supporters chasing behind him. Libyan TV said the trip came on the same day that NATO airstrikes hit military and civilian areas in the capital.

The TV report said there were civilian casualties from the attacks. The report could not be confirmed.

r LIBYA FIGHTING large570 300x125 Gadhafi rolled defiantly through the streets of Tripoli

The fighting in Libya began in mid-February when large anti-government protests escalated into a civil war. Rebels hold much of eastern Libya, while Gadhafi controls the west, with the front line shifting back and forth in the middle. Three weeks of international airstrikes haven’t routed Gadhafi’s forces.

Gadhafi’s troops unleashed gold ore three hours of heavy shelling on the port city of Misrata, which is partly held by rebels. The port is Misrata’s only lifeline, and government forces fired tank shells and dozens of Grad missiles, according to witnesses who spoke on condition of anonymity because they feared retaliation.

Par autmay - 0 commentaire(s)le 25 avril 2011
Vendredi 22 avril 2011

Earth’s day length shortened by Japan earthquake

The massive earthquake that struck northeast Japan Friday (March 11) has shortened the length Earth’s day by a fraction and shifted Concrete recycling process how the planet’s mass is distributed.

A new analysis of the 8.9-magnitude earthquake in Japan has found that the intense temblor has accelerated Earth’s spin, shortening the length of the 24-hour day by 1.8 microseconds, according to geophysicist Richard Gross at NASA’s Jet Propulsion Laboratory in Pasadena, Calif.

Gross refined his estimates of the Japan quake’s impact - which previously suggested a 1.6-microsecond shortening of the day - based on new data on how much the fault that triggered the earthquake slipped to redistribute the planet’s mass. A microsecond is a millionth of a second.

"By changing the distribution of the Earth’s mass, the Japanese earthquake should have caused the Earth to rotate a bit faster, shortening the length of the day by about 1.8 microseconds," Gross told SPACE.com in an e-mail. More refinements are possible as new information on the earthquake comes to light, he added.

The scenario is similar to that of a figure skater drawing her arms inward during a spin to turn faster on the ice. The closer the mass shift Dolomite quarry processing during an earthquake is to the equator, the more it will speed up the spinning Earth.

One Earth day is about 24 hours, or 86,400 seconds, long. Over the course of a year, its length varies by about one millisecond, or 1,000 microseconds, due to seasonal variations in the planet’s mass distribution such as the seasonal shift of the jet stream.

The initial data suggests Friday’s earthquake moved Japan’s main island about 8 feet, according to Kenneth Hudnut of the U.S. Geological Survey. The earthquake also shifted Earth’s figure axis by about 6 1/2 inches (17 centimeters), Gross added.

The Earth’s figure axis is not the same as its north-south axis in space, which it spins around once every day at a speed of about 1,000 mph (1,604 kph). The figure axis is the axis around which the Earth’s mass is balanced and the north-south axis by about 33 feet (10 meters).

"This shift in the position of the figure axis will cause the Earth to wobble a bit differently as it rotates, but will not cause a shift of the Earth’s axis in space - only external forces like the gravitational attraction of the sun, moon, and planets can do that," Gross said.

This isn’t the first time a massive earthquake has changed the length of Earth’s day. Major temblors have shortened day length in the past.

The 8.8-magnitude earthquake in Chile last year also sped up the planet’s rotation and shortened the day by 1.26 microseconds. The 9.1 Sumatra earthquake in 2004 shortened the day by 6.8 microseconds.

And the impact from Stone crushing plant manufacturers Japan’s 8.9-magnitude temblor may not be completely over.The weaker aftershocks may contribute tiny changes to day length as well.

The March 11 quake was the largest ever recorded in Japan and is the world’s fifth largest earthquake to strike since 1900, according to the USGS. It struck offshore about 231 miles (373 kilometers) northeast of Tokyo and 80 miles (130 km) east of the city of Sendai, and created a massive tsunami that has devastated Japan’s northeastern coastal areas. At least 20 aftershocks registering a 6.0 magnitude or higher have followed the main temblor.

Par autmay - 0 commentaire(s)le 22 avril 2011

Earth Day 2011: Some wildlife adapting to ‘modern-day Ohio’

At the beginning of the 20th century, Ohio hunters looked around at a somewhat barren landscape and said, “Hey, where’d they all go?”

By 1904, white-tailed deer were used produciton line for sale completely wiped out across the state, after a century of deforestation and high demand by European settlers for the official state mammal’s coveted hides, according to Ohio History Central.

But deer, which were reintroduced in the 1920s and 30s, weren’t the only wild Ohio creatures to be over-hunted or to flee toward shadier grounds. Wolves, bison, mountain lions and cougars, to name a few mammals, once called the state home, according to the Ohio Department of Natural Resources Division of Wildlife.

“By 1900, we were down (from more than 95 percent) to 10 percent forest. We pushed out those large animals completely,” said Suzan Jervey, educator at the Ohio Wildlife Center in Columbus. “The state is now 33 percent forested. We’ve seen a return of animals. Some have come in from neighboring states. Many have adapted to modern-day Ohio.”

There have been 359 verified Architectural sand crusher processing reports of bobcats in the state since 1970 — 92 of which occurred in 2009, according to ODNR. Deemed “extirpated” from the state by the 1850s, reports of black bears have persisted, including reports of a young black bear straying through Warren County backyards in 2009. Officials weren’t sure where it came from or where it went.

Human activity continues to put many critters at risk. There are 282 species of birds, mammals, insects, 37 varieties of mollusks, and other wildlife that are of concern, threatened or endangered, according to ODNR.

One of the most compelling success stories has been the return of the bald eagle to Southwest Ohio. Jervey said in the 1970s there were only four nesting pairs left in the Great Lakes region. While still listed as a threatened species, ODNR reports there were 180 known breeding pairs with an estimated 207 young eaglets across the state last year.

In recent years, bald eagles Slag crusher plant have been documented along the Great Miami and Little Miami Rivers in Butler, Warren and Montgomery counties.

Say No To Plastic Bags

Par autmay - 0 commentaire(s)le 22 avril 2011
Mercredi 20 avril 2011

Stockpiles of copper in China are in a massive surplus

The price of copper closed down for four consecutive days on Thursday, to its lowest point in more than a week. The closing spot price of copper in NY dropped $0.0041 to $4.2603 per pound, down 3.6 percent from the highs in February. Although the dollar weakened yet again due to a jump in jobless Kaolin grinding mill claims and higher than expected inflation, copper continued to distance itself from gains made by gold and oil prices. The main factor seems to be inflationary fears coming from China and a battered Japanese economy, which are viewed as demand negative for the red metal.

Also, there is a growing consensus that stockpiles of copper in China are in a massive surplus and may be dumped onto the market. Continuing high oil prices have made some analysts fearful of a slowing global economy affecting demand. Brent Crude ended the day slightly lower, yet still remains over the $122 mark. Many commodities also suffered when Goldman Sachs recommended selling a basket of commodities, including copper, because of oil demand destruction, implying that the commodities bull run may be coming to an end.

Inflation in China for March accelerated to as fast as 5.4 percent, a 32-month high. However, China’s economy grew at by an amazing 9.5 percent. “With inflation expectations well-above the 4 percent target there is the likelihood of an additional round of Chinese tightening. If their demand continues to wane, these Copper mining equipment for sale prices are certainly overdone,” stated David Meger, VP of Metals Trading for Vision Financial Markets.

Furthering worries about Chinese demand and a surplus of copper, stocks of copper in LME warehouses rose by 875 tonnes, to 450,800 tonnes, the largest stock of the metal since June 2010. In China, surpluses of copper have had analysts worried for some time now. The Shanghai Futures Exchange hearing the call for transparency has opened two warehouses, which has revealed large stockpiles of the metal bought by speculative investors.

“The inclusion of these previously unreported stockpiles into the SHFE network shed light on why China has pulled back from copper markets. China’s refined-copper imports fell 28% in February from a year earlier, to just 158,185 metric tons. March copper imports were down 33%,” reported Tatyana Shumsky, for The Wall Street Journal.

Worldwide, manufactures may be seeking Zambian copper mines alternatives due to high copper prices. Chris Burns, North American engineering director with US automotive parts supplier Delphi, explains that “with copper being at historic levels, there has been global interest in going to aluminum cables in cars.” Aluminum-giant Alcoa, estimated that if copper prices remain high, aluminum could be substituted for 20 percent of the 19 million metric tonne copper market. While the price of copper remains high, excess inventories and decreased demand may lower the price enough to mitigate substitutions to copper.

Par autmay - 0 commentaire(s)le 20 avril 2011

Chinese stocks of copper continued to disrupt the market

Copper prices rose on Tuesday, up for the first time in six sessions. Monday marked coppers sixth straight daily loss, and Quarry equipment its longest losing streak in since June, after Standard & Poor’s put a “negative” outlook on the AAA credit rating for the United States, the world’s largest economy, and the second-largest consumer of the metal.  Copper’s downside was limited by expectations of a supply deficit this year and an optimistic long-term demand outlook.

Standard & Poor’s threatened on Monday to downgrade the U.S. AAA credit rating, citing a “material risk” that U.S. leaders will fail to deal with rising budget deficits and debt. Equity benchmarks in the country fell, and the difference in yields between 2- and 30-year Treasuries widened to the most in five weeks.

Further negative support for copper came as China once again raised banks’ reserve requirements, and U.S. homebuilder’s confidence in the housing market took a hit. Builder sentiment slipped to 16 on a scale of 100 this month from 17 in March, according to the National Association of Homebuilders. Economists had expected the index to remain at 17. Construction accounts for a quarter of copper demand, according to the Copper Development Association. The People’s Bank of China announced yesterday that it will raise reserve requirements by half a point as of April 21st. The reserve-requirement increase was the fourth this year. Authorities are moving to cool inflation, which is running above the government’s target.

Chinese stocks of copper continued to disrupt the market, with Shanghai copper trading at a discount of around 1,300 Yuan to LME prices. In a research note, Macquarie estimated there were around 550,000 tonnes of Coal mining equipment suppliers copper in bonded warehouses, all but unchanged from mid-March. “More than half of the material sitting in the bonded warehouses belongs to trading houses using copper imports as a method to get cheaper sources of finance under the terms of a letter of credit,” according to Macquarie. “The rest of the copper is bought directly by domestic consumers from overseas suppliers.” The bank added that government efforts to crack down on the practice would be largely unsuccessful.

Increasing copper inventories have sparked concerns that there may be a short-term demand weakness from top consumer China. Inventories of copper on the London Metal Exchange rose 175 tonnes to 451,950 tonnes, its highest since June, latest data showed.  Copper was in a $21.50 contango, a discount for cash over three-month material, from December’s $70 backwardation, a premium for cash over three-month copper, according to the latest LME data.

Company news

The Democratic Republic of Congo has approved changes in the mining contracts for Tenke Fungurume, a copper project owned 56 percent by Freeport McMoRan (NYSE:FCX), 24 percent by Lundin Mining Corp. (TSE:LUN), and 20 percent by DRC state mining company Gecamines. The final approval could have major ramifications for Lundin, which is currently attempting to attract a white knight and fend off a $4.8 billion hostile bid from rival base metal miner Equinox Minerals (ASX:EQN). The government of the DRC has now issued a Presidential Decree approving the amendments to the Tenke Fungurume mining contracts, confirming that the contracts are in good standing.

Kalimantan Gold Corporation has entered into a joint venture agreement with a wholly owned subsidiary of Freeport-McMoRan Exploration Corporation. The agreement is for Kalimantan Gold Corporation’s KSK contract of work copper project in Kalimantan, Indonesia. According to the agreement, Freeport can earn a 51 percent joint venture interest in the KSK CoW by spending a minimum of $7 million on a substantial exploration program over three years and then a further 24 percent by sole funding the completion of a feasibility study within 10 years.

Capstone Mining Corp. (TSE:CS) announced on Sunday that it has agreed to acquire exploration company Far West Mining Ltd. (TSE:FWM) in a cash-and-stock deal worth C$685 million ($713 million). The Gold mining equipment for sale bid is being backed by South Korea’s state-owned Korea Resources Corp (KORES), which will acquire a 30 percent stake in Far West’s flagship asset the Santo Domingo copper project in Chile for C$210 million, following the close of the deal. KORES will also separately acquire an 11 percent stake in Capstone for C$170 million. Under the terms of the offer, Capstone is offering 1.825 shares of Capstone and C$1 in cash for each share of Far West. This implies an offer price of C$8.68 a share, or a 13 percent premium to Friday’s close.

Par autmay - 0 commentaire(s)le 20 avril 2011
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