A Blogging Community for Miners and Commodity Traders

Colonialism a poor excuse for medieval African robber barons and continent-wide mining veniality

If ever there was a reason to stay away from Africa and its mines, the disgusting spectacle of the welcome accorded to Mugabe in Egypt is it. 
Now we will never have to remain polite when somebody tells us the problems of Africa are a legacy of colonialism.  Mugabe’s actions and his welcoming by the rest of Africa [...]

India and Mittal to gate-crash the BHP-Rio dance; and call the tune?

 
 
 
Some countries just do not get it.  Zimbabwe is the most egregious example affecting honest mining.   But on a much lesser scale, take a look at the Education News Site in India.  Here is how they describe mining engineering:

Mining Engineers
Mining Engineers are responsible for locating natural reserves of minerals, petroleum and other useful natural substances, [...]

Junior prices in a holding pattern

Greetings investors!
We haven’t made much money over the past quarter on the juniors. Stock prices appear to be in a holding pattern.
 
The chart for the CDNX, Canada’s mineral-weighted junior exchange, shows a downtrend despite last week’s spike. However, the higher lows and lower highs of the 1-year chart  represent the beginnings of what could be [...]

Mining in lakes and canyons heads to Washington and supreme decisions

Not in my backyard, or national park, or lake.  That is the fight being fought in the United States about mines.  Consider:
Grand Canyon and uranium:  a majority of democrats used an obscure provision of the law to try to stop the staking of new mining claims for uranium near the  Grand Canyon—leaving in place about [...]

In Pursuit of Foreign Investment

China is still the big winner when it comes to foreign direct investment (FDI), but other countries are getting a bigger chunk of the money flows.

Alaska to Zimbabwe: Anglo America pursues mining to benefit the locals?

In the old  days of mining in South Africa, Anglo American was the revered giant.  From those mighty lion-statue-defended doors of their downtown Johannesburg offices they ruled the South African mining industry.  I vaguely recall they also controlled something like sixty percent or more of all the companies on the local stock exchange.  They may [...]