Parerga (noch ohne Paralipomena) Gold und Silber - 500 Beiträge pro Seite

[dosto]

Augenauffällig:

Sprott Ass. trennt sich von physischem Gold und Silber

Phy. Silber zum 30.06 -242 987 000- Dollar

zum 30.09. -54 715 493- Dollar

oder auch von 13.205.815 Einheiten, runter auf 3.716.515

Damit wäre die Troika-Paulson-Soros-Sprott wieder komplett.
Die Dreie tun wohl rein zufällig immer dasselbe!

[MrRipley]

Antwort auf Beitrag Nr.: 42.373.047 von dosto am 19.11.11 15:13:51

Denke auch, dass wir kurzfr. eine Schwäche sehen unter die letzten Tiefs.

[dosto]

Antwort auf Beitrag Nr.: 42.373.151 von MrRipley am 19.11.11 15:48:00

Ich denke gar nix,

ich suche hier nach Ungereimtheiten im Gold und Silbersektor.

Alle diese 3 Herren haben aufgrund der Schuldenunsicherheit,
die Pferde in EMs gesattelt und das auch durchaus über die Presse
hinausposaunt.
Da sich das Tohuwabohu am Schuldenmarkt eher verschlechtert hat,
möchte ich mal einfach das sagen:
Die Jungs suchten die Meute, haben die Meute gefunden und ziehen Profit
daraus. Nicht Manipulation des Marktes, sondern Manipulation der Massen.
Darüberhinaus kann man abger denken, daß die Manipultion nicht so ganz
gelungen ist und die Herren deshalb Teile des Marktes verlassen,
obwohl sie mit anderen die bullishe Haltung immer noch vorhalten.
Keine Ahnung welches Spiel die Herren jetzt gerade treiben. In jedem Fall
scheint es wieder nur ein Spiel zu sein und keine WIN WIN An gelegenheit,
sondern das Spiel: wen beißen die Hunde. Alle 3 haben das durchaus drauf
und auch schon bewiesen.

Das ist aber nur ein Teil dieses Threades hier, nach und nach werden hier auch Ungereimtheiten über Mining-Companies sichlich gemacht werden.
Denn zwischen Ankündigungen und Wirklichkeiten fällt bei einigen ein tiefer
Schatten.

Es wird also ein Schattenthread.
Diskussion und Meinungen über die Companies sind unerwünscht.
Kann in den vorhandenen Threads geklärt werden.
Wiederlegung, faktisch, jederzeit erlaubt.
Konjuktive nicht erwünscht.
Tatsachen entscheiden.
Meinungen von Gurus, Jounalisten und anderen Heilern sind unerwünscht und
hier nicht zu verlinken, sie werden gelöscht werden.
Wir schreiben voM User zum User, nicht über User, ausschließlich
zum Tatbestand ohne subjektive Berührungen.

[dosto]

Brigus Gold

Auszug aus der Messlatte.

Black Fox1,2


6,336,000 tons


4.4 g


895,800 Unzen
Brigas nie erreicht.
sondern.

Head grade of ore (gpt) 2.90 3-2011 4.01 3-2010 2.49 9-2011 3.37 9-2010

Konsequenz

Gold ounces produced 16,838 21,526


41,299 9-2011 53,729 9-2010


es wird nun aber besseres versprochen durch den Untertagebau, das will ich aber auch hoffen, denn die open pit beinhaltet wohl
nur ziemlich viel Waste.

Die 550 Mill die dieses Jahr zermalmt wurden müssen aus
den 6,3 Mill Tonnen erstmal raus.
Eine exate Recory-Zahl kann mir Brigus nicht nennen.

[dosto]

Follow the Mine.

Ich nehme mir mal die Mine

Guanajuato

vor.

Das setzt die Company ins Netz


Guanajuato 141,000 189 2.50 856,000 11,300

Reserve Proven

danach

Guanajuato 100,000 158 2.20 508,000 7,100

Probale

die Tonnage der Mill beläuft sich aud ca. 200 000 Tons,


also müssen die gesamten 850 000 Unzen der Abteilung 1 her.

+ wahrscheinlich 50 % Tonnage aus Abteilung 2.

Das Rennen ist offen:

Die Angaben der Company beruhen auf einer Förderung von 1.100.000 Mill
Unzen.

Quartal 3 brachte 211 000 Unzen.

Na denn mal hopp,hopp, Häschen gib galopp.

[dosto]

Im Prinzip müssen nun höhrer Silberpreise ins Haus.

Aufgrund der sehr hohen erzielten Silberpreisangaben im 3. Quartal,
nehme ichmal schlichtweg an, daß vieles davon an der CME erzielt wurde.

Sollten also diese Preise in diesem Quartal nicht erreicht werden,
stehen wohl weitere Zauberkünststücke ins Haus, oder halt entsprechende
Anpassungen.

[dosto]

Weltmeister im Draufsatteln




Issued and Outstanding 329,965,860

Warrants 123,474,563


16-May-11 195,379 $0.30
16-May-11 2,116,251 $0.35
2-Mar-13 300,000 $0.35
30-Jun-13 4,785,000 $0.40
30-Jun-13 53,640 $0.35
7-Dec-12 12,805,402 $0.41
7-Dec-12 6,402,701 $0.41
7-Dec-12 42,000 $0.41
7-Dec-13 96,774,190 $0.41


Stock Options 19,637,500


18-Aug-11 1,000,000 $0.59
22-Mar-12 912,500 $1.50
30-Mar-12 150,000 $1.65
19-Dec-12 100,000 $0.64
15-May-13 150,000 $0.58
09-Sep-13 1,025,000 $0.31
16-Jan-14 350,000 $0.13
13-Aug-14 3,400,000 $0.10
18-Dec-14 1,400,000 $0.29
12-Feb-15 700,000 $0.28
06-Jul-15 350,000 $0.25
14-Jan-16 350,000 $0.61
03-Feb-12 150,000 $0.69
22-Feb-12 250,000 $0.76
22-Feb-16 9,350,000 $0.76


• $10m / 3% Convertible Debenture 6,622,517
Convertible@ $1.51 - July / 11

Fully Diluted 479,700,440*

and now

Aurcana Corporation ("Aurcana" or the "Company") is pleased to announce that, further to the
press release of November 15, 2011, it has completed its private placement financing. The
private placement offering (the "Offering") of units (“Units”) was conducted through a
syndicate of agents led by RBC Capital Markets and included, BMO Capital Markets, Dundee
Securities Ltd. and Stonecap Securities Inc. (the “Agents”). Pursuant to the Offering, Aurcana
sold an aggregate 52,853,000 Units at a price of $0.65 per Unit for aggregate gross proceeds of
approximately C$34.4 million.
Each Unit consists of one common share in the capital of the Company (the "Unit Shares") and
one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each full
Warrant will entitle the holder, on exercise, to purchase one additional common share of the
Company (a “Warrant Share”), at a price of $1.00 at any time until the close of business on the
day which is 24 months from the date of issue of the Warrant. All securities issued in
connection with the Offering are subject to a hold period in Canada expiring on March 30,
2012. The net proceeds of the Offering will be used for ongoing construction of the Shafter
mine, mill

[dosto]

Gold Exports From Japan Most Since 1985 as Individuals Sell Jewelry, Bars
Q
By Yasumasa Song and Ichiro Suzuki - Dec 8, 2011 9:07 AM GMT+0100




Enlarge image Japan's Gold Exports Most Since '85

Gold is set for an 11th year of gains as central banks join investors in purchasing bullion to diversify their assets. Photographer: Junko Kimura/Bloomberg

Gold shipments from Japan, the world’s third-largest economy, are at the highest level since at least 1985 as individuals who purchased jewelry more than 20 years ago are selling it amid record prices.

Shipments in the 10 months ended October totaled 95.6 metric tons, according to Takahiro Morita, the Japan director of the World Gold Council, who cited Ministry of Finance customs data. The previous high was 95.5 tons in 2008.

Bullion is set for an 11th year of gains as central banks join investors in purchasing the metal to diversify assets. Japan’s largest gold retailer, Tanaka Kikinzoku Kogyo K.K., said it bought 40 percent more bars and jewelry from individuals in the nine-month period ending September. Global gold investment jumped 33 percent to 468.1 tons in the third quarter from a year earlier as bar and coin demand in Europe more than doubled to the most since the fourth quarter of 2008, according to the London-based council, a producer-funded group.

“Japan’s gold exports will reach 100 tons this year,” Morita said in an interview yesterday.

[dosto]

eru’s production of gold and silver rose in October

Peru’s production of gold and silver rose in October, while output of copper and zinc declined, the government said.

The Ministry of Mines and Energy said Wednesday that output of gold totaled 14,334 kilograms, up 8.06% compared to the same month a year earlier, as output increased at a number of mines.

Silver production in Peru, the world’s second-largest producer of that precious metal, rose 0.84% in October to 305,036 kilograms, compared to the year-earlier period.

Copper production declined 7.43% to 103,257 metric tons in October.

Zinc production was 106,878 tons in October, down 14.12% from the year-earlier period.

Among other metals, the government said molybdenum output rose 2.99% in October to 1.528 tons.

Lead output declined 1.37% to 19,978 tons.

Iron output rose 12.53% to 535,534 tons, while tin output rose 5.81% to 2,558 tons.

[dosto]

profile as of 1/6/2012
Description Value
Total Net Assets $8.994.813.810
Shares Outstanding 314.700.000
Sponsor's Fee 0,50%
Inception Date 4/21/2006
Ounces of Silver in Trust 305.970.641,100
Tonnes of Silver in Trust Tonnes of Silver in Trust 9.516,75

[dosto]

EXK:

Angaben der Firma 31.10.2010

Mine Guanajuato:
Proven
Guanajuato 141,000 189 2.50 856,000 11,300

Probale:

Guanajuato 100,000 158 2.20 508,000 7,100


Also 241.000 tons

gemahlen :: 238.897 tons


Voraussicht:

1.364.000 Unzen

erreicht::

1.045.393

Differenzz

Minus <318.608 Unzen

Gold:

geschätzt:

18.400 Unzen

erreicht

14.943



Differenz minus : 3.457

Abweicung zur Resourcehnschätzung

Silber minus ca. 25 %
Gold minus ca. 18 %
Differenz Minus <3.457<

[dosto]

Silvercrest hat es geschafft, man dasnkt für die schnellen Zahlen.
Scheint ja auf Anhieb gut.

Da sie 1 Millionen tons gecrasht haben ist die Rechnung dann leicht.

St. Elena

Resourcenangabe:

4.800.000 tons

drin sollen sein:

11.711.000 Unzen Silber
278.560 Unzen Gold

Silbergrad Resourcenangabe: 75,9
erreicht: zuletzt 49,55 davor weniger

ganz schön daneben.

da sie 1 Mille tons crashen ist der Faktor zur Resourcenrechnung: 4.8

also müssen pro Jahr

2.439.979 Unzen Silber im Jahr lt. Resourcenrechnung möglich sein.

Erreicht wurde mit der tonnage:

377.071 Unzen

das klingt so weit daneben, daß ich darum bitte, kann ich einen Fehler in der Rechnung haben.

Goldresourcen werden mit 278.560 Unzen :4,8
angegeben.
ergibt im Mittel
58.033 Unzen

die Company erreichte dieses Jahr

26.969 Unzen Goldproduktion.

[dosto]

Bei Silvervrest scheint vieles nicht ganz richtig zu sein.
Schon allein die Mine lebt bis jetzt eigentlich vom

Gold
und nicht vom Silber

Die Probale-Resourcenrechnung im Internet ist ziemlich schludrig und gibt
über den tatsächlichen Inhalt der 4,9 Mill Tonnen keine allzu
genauen Angaben.
Wie die 11.3 Millionen Unzen in 3.7 Jahren rausholen wollen aus
der open Pit.
DA BIN ICH GESPANNT:

[dosto]

Die Wunderwelt der Resourcenschätzung des Silberminen-Darlings

First Majestic.


Angegeben der Firma lt. Web.

Stand Januar 2009.

La Encantada

Proven Resources 683.992 tons
Grade 354
Unzenschätzung: 7.777.602


Im Jahre 2009 wurden dort

318.382 tons mit einem Ergebnis von

1.317.080 Unzen

produziert.

2010 sieht das Ergebnis so aus:

1.074.000 tons erreichten

3.593.786 Unzen

Wie war das aus 680 TSD tons sollten


7.777.602 Unzen herauskommen

der Fakt
aus 1.400 tons (also doppelte tonnage) wurden

4.910.866

Unzen in Wirklichkeit produziert

es fehlt die wunderbare Summe von weit über

4.000.000
Unzen
zum Schauspielplatz der Resoucenschätzung.


nachdem die Resourcehnschätzung der Mine auf über
65 Millionen Unzen angesetzt ist.,
kann ich nur sagen

a le hopp,hopp ihr Zaubermeister bei First Majestic.

Die Tatsachen werden euch schon noch überrollen.

Diese Resourcenschätzung ist in der Anzahl der Unzen

Vor den Kuckuck gehustet.

[dosto]

First Majestc

hat auch nolch eine Kleine Mine
(man kann ja annehmen die sind besser einschätzbar) Namens

San Martin

proven und probale

da wurde in der Resourcenschätzung wieder Jan 2009
(von nachfüllen hält die Firma eh wenig, wenn s nicht der Propaganda dient))

770 tds tons

drin sollen sein

6.790,782 Unzen

Prodikton

2009: tons: 291 -------Unzen --1.112.698
2010 tons 264 -------Unzen --1.125.514

Prod 1. Qurtal 2012 67 tons ------ Unzen 313,384
2 Quart 201 2 71 tons ------ Unzen 251.001
3.Quartal 2012 74 tons ------- Unzen 238,627

damit wären 766 TSD tons erreicht.

wir erinnern uns dafür standen

6.790.762 Unzen in der Resourcenrechnung

erreicht haben sie immerhin

3.041.244 Unzen

Immerhin sind das 50 %

Ich meine mal sollte mal einer eine Wertstellung für diese Mine aufgestellt haben, dann wird er in der Ermittlung nach den
Angaben von First ganz schon dumm dastehen.
Was soll man von solchen Resourcenschätzungen halten?

Die Proven und proable von Sam Martin sind
imm 3. Quartal aufgebraucht gewesen, das 4 Quartal benützt
also die der Measured Resourcen.

Diese belaufen sich auf:

1.503.220 tonage
bei einer Jahresproduktion von 300.000
sind das nicht 5 Lebensjahre.

Langsam wird es Zeit, daß uns Majästät mal was nachreicht.
Denn sollten die Resourcenschätzungen nur noch für 4 jahre reichen.

Dann muß man sehen, daß die Tonnagenmenge die rausgeht,
durch exploration wieder hinten reinkommt.
Sonst darf man annehmen, der Peak der Mine ist erreicht
und sie geht dem Tod entgegen.
Denn jede Mine ist irgendwann erschöpft, aber weit vorher
ist sie schon unrentabel.

Nixdostotrotz.
es geht um 3.700.000 Unzen

also irgendwie um 100.000.000 Millionen Umsatzwert,
die sich FM verschätzt hat.
Wenigstens bis zur Stunde.

[dosto]

Investors dump Nevsun after '12 gold guidance slashed

Shares in Canada’s Nevsun Resources shed over one-quarter on their value in early Tuesday trade, after the company slashed its 2012 gold output guidance by half, saying it over-estimated parts of its Eritrean mine’s resources.

[dosto]

Centerra Gold says Kumtor production suspended due to strike

Canada's Centerra Gold Inc said late on Monday production was suspended at its Kumtor Mine in Kyrgyzstan after unionised employees went on a strike.

[dosto]

Yukon-Nevada restarts gold production at Jerritt Canyon

Canada's Yukon-Nevada Gold Corp said it restarted gold production at its Jerritt Canyon mill in Nevada, United States. Yukon-Nevada, which also owns gold, silver, zinc and copper

[dosto]

Harmony cuts 2012 output target on safety clampdown Restricted

Harmony Gold, South Africa's third-largest bullion miner, cut its full-year production target by 13% on Monday, as safety stoppages threatened to crimp a surge in profit from record gold prices

[dosto]

Rubicon to raise C$200m to build Phoenix project
Rubicon Minerals, hoping to build a gold mine next to one of Canada’s biggest, took advantage of the run-up in its share price so far this year, announcing a C$200.9-million bought deal financing

[dosto]

Junior Miner Financing Deals Fall 24% - MEG

Thursday, March 01, 2012 9:03 AM

Financing deals for junior miners fell 24% in dollar amount terms during 2011, to $21.5 billion, from $28.5 billion in 2010, says Metals Economics Group, a metals consultancy. That figure is up from 2009 and 2008 totals, the firm says. Financing deals for base metals fell 32% and the decline for gold was 16%. Gold’s less-steep decline was due to gold prices being stronger for most of 2011. “The volume of financings roughly follows the rise and fall of metals prices. As gold prices increased through most of 2011, so did investor interest, and after a slow start to the year, financings increased in number and size. Gold financings increased in six of the 12 months. Copper prices decreased through much of 2011, as did base metals financings altogether. The 410 base metals financings of $2 million or more in 2011 was a slight increase from 395 in 2010, albeit at a smaller average amount, and indicates a sustained recovery from the low numbers and dollar amounts seen in 2008 and 2009,” MEG says. The data comes from their Exploration Activity Services report, released Thursday.

[dosto]

längst überfällige Neue Resourcenangaben


Caylloma -Fortuna Silver
Encantade -First Majestic

Guanavevi - Endeauvour
Guanajuato-Endeauvour

La Negra - Aurcana

[dosto]

Silver (ounces)
- produced 1,697,294 1,975,616 1,631,281 1,751,398 7,055,589 6,302,140
- sold 2,053,573 1,569,698 707,202 515,124 4,845,597 5,936,657

Silver Standar.

Produktionszahl

4. qartal: 1.751.398 Unzen

davon verkauft:

515.124 Unzen

???????????????????????????????????????????????????

[dosto]

IAMGOLD

auf
23 Monatstief.

hat mal so kurz 2-3 Milliarden Marketcäp vernichtet

DDer nächste Big Loser neben Kinross

[dosto]

arch 15 (Reuters) - Aurizon Mines' fourth-quarter profit more than tripled as it sold more at higher prices, but the gold miner said it expects a fall in production in 2012.

The company expects output at its only producing project, Casa Berardi, to fall to between 155,000 ounces and 160,000 ounces of gold this year from 163,845 ounces last year.

"Mine sequencing in 2012 will result in ore grades that are expected to be approximately 6 percent lower than those achieved in 2011," the company said in a statement.

The company has 11 properties in Quebec, including Casa Berardi, and the Joanna property, which is in the feasibility stage.

The British Columbia-based company's net profit rose to C$21.8 million ($21.99 million), or 13 Canadian cents a share, from C$7 million, or 4 Canadian cents a share, a year ago.

Revenue rose 77 percent to C$85.7 million.

It sold 50,787 ounces of gold during the quarter at an average price of $1,578 an ounce. Its average price during the comparable quarter in 2010 was $1,376 per ounce

[dosto]

arch 14 (Reuters) - Precious metals miner Claude Resources Inc said measured and indicated gold resources rose 43 percent as it discovered more gold at its Seabee property in Saskatchewan.

Measured and indicated resources increased 43 percent to 70,700 ounces of gold at 5.35 grams per tonne, helped by gold discovery at the L62 and Santoy Gap deposits.

Measured and indicated resources give an initial estimate of the size of a deposit and serve as a basis for feasibility studies.

naja,
ausreichende Menge für eine teelöffelmine.

FVür Schaufen und Spaten sollten die Resourchen nochmals um 200 % erhöht werden.

Sollte es ne <Mine werden wollen muß das ver10 facht werden

[dosto]

Yep genauso sollte das Beispiel für die anderen herhalten.

So sieht eine genuine Meldung aus

2011 Annual operational highlights



-- Record gold production of 163,845 ounces.
-- Total cash costs of US$537(1) per ounce.
-- Operating profit margin per ounce increased 72% to US$1,041(1), due to
higher realized gold prices.
-- 2011 Annual operational highlights



-- Record gold production of 163,845 ounces.
-- Total cash costs of US$537(1) per ounce.
-- Operating profit margin per ounce increased 72% to US$1,041(1), due to
higher realized gold prices.
-- Mineral reserves at Casa Berardi replenished in 2011, totalling
1,459,000 ounces of gold as at December 31, 2011.
-- Measured and indicated mineral resources at Casa Berardi increased 81%
to 1,495,000 ounces of gold.
-- Estimated mineral resources in the Hosco area of the Joanna property
increased by 31%
-- Measured and indicated mineral resources at Casa Berardi increased 81%
to 1,495,000 ounces of gold.
-- Estimated mineral resources in the Hosco area of the Joanna property
increased by 31%


Wobe i genau dieser Satz das Salz in der Suppe ist
.
-- Mineral reserves at Casa Berardi replenished in 2011, totalling
1,459,000 ounces of gold as at December 31, 2011.
--


-Replenished- das ist das Zauberwort für laufende Minen.

[dosto]

anything wrong- mit dem Silber bei Au-Rico

Silver ounces sold 1,092,859 vs 2010 1,202,713

3 Quartale 3,342,331 vs 2010 3,800,054

Silver ounces produced 1,373,434 vs 2010
1,189,769
3.Quartale 3,619,037 vs 2010 3,754,041


Während 2010 alles verkauft wurde.
bildet sich 2011 ein Bestand von 277.000 Unzen die in den Bestand gehen.

[dosto]

U.S. Mint gold, silver bullion coin sales rebound from February doldrums

While this year's bullion coin sales may not match last year's all-time highs, bullion coin sales are once again building up steam.
Author: Dorothy Kosich
Posted: Monday , 19 Mar 2012





RENO (MINEWEB) -

March sales of U.S. Mint American Eagle Gold and Silver Bullion coins thus far have already rebounded substantially since February's unusually low sales slump when gold bullion sales dropped 77.3% while silver bullion sales were down 54%.

As of Sunday, March 18, gold bullion sales totaled 30,000 ounces, while overall gold bullion coin sales in all sizes were reported at 31,500 ounces.

This compares to only 20,000 one-ounce gold bullion coins sold during the entire month of February and a total of 21,000 ounces of gold bullion coins sold in all sizes for February.

Sales of one-ounce silver bullion coins as of March 18 were 1,647,000 ounces, a substantial increase over the 1,490,000 ounces reported for the entire month of February.

During the Mint's fiscal year 2011, demand for bullion coins reached an all-time high of 45.2 million ounces of silver and gold bullion coins. Total revenue from the bullion coins also reached an all-time record high of $3.5 billion in FY 2011.

Nevertheless, 2011 American Eagle gold bullion coin sales declined by 22.7% due to the higher price of gold and a change in the release schedule of the American Gold Buffalo bullion coin.

This year's American Buffalo Gold Proof Coin was scheduled to go on sale on Friday.

The 2012 American Silver Eagle Proof coin is scheduled to go on sale on April 12. It has been the top selling numismatic coins for the past two years.

[dosto]

Yesterday's Top Story: Cost overruns, write downs leave Kinross Gold priced for takeover



TORONTO (Reuters) -

Cost overruns and a massive writedown have knocked Kinross Gold's stock so low that some bankers see it as Canada's biggest potential takeover play, though obstacles to a bid for the senior gold producer may be too big to surmount.

Kinross, the world's seventh-largest gold miner, owns some huge, largely unexploited assets spread across four continents, making it an appealing target for bigger players who are always on the hunt for deposits to replenish their reserves.

Despite a huge reserve base its stock, which traded for nearly C$19 at the start of 2011, closed at C$9.90 on Friday as mounting concerns about the cost of developing its flagship project sapped investor confidence.

"We haven't seen anyone make a move on Kinross yet, but to me, I would think that for anyone who wants a company with a lot of growth assets, this makes a lot of sense," said Stifel Nicolaus analyst George Topping. "It's the cheapest senior by a long shot."

Bankers point to Barrick Gold and Goldcorp, Canada's top two gold miners, as companies with the means to consider an acquisition. U.S.-based gold mining giant Newmont Mining Corp was also named as a possible buyer.

On an in situ basis, the proven and probable gold reserves of Kinross are being valued by the market at less than $200 an ounce, well under Barrick's reserves at some $325 per ounce and even Newmont and Goldcorp at about $275 and $580 an ounce. Although this does not factor in capital and operating costs, it highlights the appeal for potential bidders.

At the BMO Global Metals and Mining Conference in Hollywood, Florida, last month, the future of Kinross was the subject of much speculation, from the meeting rooms to the bars.

Kinross Chief Executive Tye Burt got the ball rolling early, saying the company may consider selling its 50 percent stake in the Crixas underground gold mine in Brazil and its 25 percent stake in the Cerro Casale gold-silver-copper project in Chile.

"It was insane how many people were talking about a Kinross breakup at that conference," said one U.S. investment banker focused on the resource sector who spoke off the record because of company policy.

BLESSING TO BANE

But despite these selling points, bankers and analysts said that the factors keeping the stock appetizingly cheap may also drive prospective buyers away.

The main obstacles are the Tasiast gold mine in Mauritania and Chirano mine in Ghana, brought into the Kinross fold with considerable fanfare in its blockbuster $7.1 billion acquisition of Red Back Mining in 2010.

The assets have gone from being a blessing to a bane for the company, which has seen its market capitalization shaved nearly by half since September as concerns have mounted over the cost of developing Tasiast and other projects.

Kinross earlier this year said it would take a massive $2.94 billion non-cash goodwill impairment charge related to its acquisition of the Tasiast and Chirano mines.

"On a per ounce basis of reserves, they paid through the nose for Tasiast," Morningstar analyst Min Tang-Varner said of the asset, which now accounts for over 20 percent of the miner's combined gold reserves and resources.

"Time has passed and the market is just getting antsy," she said. "They've paid a steep price for it and we haven't seen anything that really justifies the acquisition price paid out."

Bankers said any acquisition approach for Kinross would likely have to be friendly because prospective buyers will want to see data on Tasiast before tabling an offer.

Kinross declined to comment about the takeover speculation.

"We would note that these rumors result from our share price being undervalued, which in turn suggests that Kinross currently presents a significant buying opportunity," said Steve Mitchell, the miner's head of corporate communications.

BIG SHAREHOLDERS COULD SPUR DEAL

Potential suitors for Kinross also have their own situations to consider before making a bid.

Barrick, the world's top gold miner, is still integrating the assets of copper miner Equinox, which it acquired for more than $7 billion less than a year ago. Another major takeover may not be well received by shareholders.

While some like Goldcorp's prospects as a buyer, skeptics note that the current assets of Kinross have much higher average operating costs. This means an acquisition would move Goldcorp up the cost curve, an unattractive prospect in a sector that is fighting to keep costs in check.

Goldcorp Chief Executive Chuck Jeannes has also stressed that his company intends to focus on growth in low-risk mining jurisdictions. The most promising Kinross assets are in more politically risky places like Ecuador and Russia.

Newmont, the world's second-largest gold miner, could be a more likely suitor, as the company may want new assets to sink its teeth into given setbacks on projects like Hope Bay in the Canadian Arctic and Conga in Peru.

Barrick, Goldcorp and Newmont all declined comment for this story, or were not immediately reachable.

In the end, the fate of Kinross may be decided by a handful of big institutional shareholders, who together control 20 to 30 percent of the stock in each of the four miners. If the Kinross share price stays depressed these investors could nudge management toward a deal.

Kinross typically holds its annual shareholder meeting in the first week of May. It has yet to set a date for this year.

"You can expect some shareholder activism in this case," said one Toronto-based investment banker, who declined to be identified because of company policy




Anhang

Meanwhile, Toronto-listed Kinross signed a tentative agreement in December in which the company would invest $1.2 billion, according to the government. However, last month Kinross said it wanted to re-negotiate the deal in a bid to obtain more favorable economic terms.

Pastor warned that negotiations could fall through because Kinross was making demands that were "over the top."

The government says the agreements will be a template for future mining deals that should let Ecuador develop a large mining industry in which the state will have a greater degree of control and pocket most of the profits.

Analysts say the tough terms of the deals and the risks of doing business in a socialist country could deter miners from investing in Ecuador.

[dosto]

so kann mans auch machen

Miner als Spekulanten.
Als ob das Material nicht irgendwann mal auf den Markt muß.
Dann stehn sie wieder alle an der Tür und wollen raus.
Oder Zocken in Chicago rum.

UPDATE 1-Endeavour Silver posts loss as it holds back inventory
Tue Mar 20, 2012 12:09pm GMT

Print | Single Page
[-] Text [+]

March 20 (Reuters) - Endeavour Silver Corp reported a fourth-quarter loss on an adjusted basis as the Canadian miner chose to hold on to its stock until metal prices recovered.

The company, which owns the Guanacevi and Guanajuato mines in Mexico, sold most of the metal held in inventory as prices improved in the first quarter.

October-December net loss narrowed to $1.8 million, from $14.3 million a year ago.

On an adjusted basis, it reported a loss of $1.5 million, or 3 cents a share, compared with a profit of $6.8 million, or 9 cents a share, a year ago.

Revenue fell 39 percent to $17.5 million.

Der Mann ist ja auch Spielbedeutend mit seinen paar Unzen Silber

[dosto]

SSieht dann so aus:

Inventories 34,195
12,883
6,032

[dosto]

MAU MAU TIME IN AFRICA


Randgold Resources sinks 14% after Mali coup MarketWatch
Last Update: 3/22/2012 4:37:00 AM
MADRID (MarketWatch) -- Shares of U.K.-listed mining group Randgold Resources PLC sank 14% in London on Thursday following a military coup in Mali, where the company has operations. Media reports said soldiers from the Malian army stormed state television and suspended the country's constitution and state institutions amid anger over the government handling of a rebellion in the north by Tuareg separatists. Reportedly, that rebellion has caused the deaths of many soldiers. Media reports said the whereabouts of President Amadou Toumani Toure were presently unknown. A spokesman from Randgold said the company was preparing a statement related to the situation in Mali.

[dosto]

China - Hohe Rohstoffimporte im Februar

Nach einem starken Jahresauftakt im Januar lagen auch im Februar die chinesischen Rohstoffimporte auf einem hohen Niveau. Wie Analysten von Barclays Capital in einer aktuellen Studie schreiben, hätten sich gleichzeitig auch die Ängste vor einem kräftigen Wirtschaftsabschwung in China verringert: Die Importe zeigen einen höheren Bedarf an Rohstoffen, als vor einem Jahr.

Im Vergleich zum Februar des Jahres 2011 seien etwa die Kupferimporte um 170% höher gelegen, während sekundäres Kupfer, das bereits verwendet und wieder eingeschmolzen wurde, um 64% stärker nachgefragt wurde. Die Importe von Kupferkonzentrat kletterten um 58%. Innerhalb der Industriemetalle sei lediglich Nickel weniger nachgefragt: Die Nickelimporte sanken um 31% gegenüber dem entsprechenden Vorjahresmonat. Dies belegt, dass China sich stärker mit qualitativ niederwertigem Nickel Pig Iron versorgt, das es unter anderem aus Indonesien bezieht.

Auch die Energienachfrage Chinas wuchs im Februar. Die Importe kletterten im Februar um 14,4% im Vergleich zum Vorjahr und erreichten damit ein frisches Rekordhoch. Die Kohleimporte wuchsen um 154%. Schlechte Nachrichten gibt es allerdings für die Edelmetalle: So brachen Silber- und Platinimporte Chinas im Februar jeweils um 20% ein, während sich die Palladiumimporte gegenüber dem Vorjahr sogar halbierten.

[dosto]

Hat es vor Kurzem

Fortuna Siver

erwischt

ist es heute Scorpio

Grund: Kein Gewinn

und das trotz guter Siber-Zink -Blai und Kupfer-Basis.

Kedin gutes Zeichen für Juniors.

[dosto]

Aurcana Corporation
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Thursday, March 29, 2012 Aurcana Announces Listing of Warrants on TSX Venture Exchange
Aurcana Corporation (TSX Venture Exchange: AUN) (the “Company”) is pleased to announce that 26,426,500 common share purchase warrants of the Company (the “Warrants”) will commence trading on the TSX Venture Exchange at the opening of the markets on March 30, 2012 under the trading symbol “AUN.WT”.
The Warrants were issued as part of a brokered private placement offering (the “Offering”) which closed on November 29, 2011 of approximately 53 million units (each, a “Unit”) at a price of $0.65 per Unit for aggregate gross proceeds to the Company of approximately $34.4 million. The Offering was conducted through a syndicate of agents led by RBC Capital Markets and included BMO Capital Markets, Dundee Securities Ltd. and Stonecap Securities Inc.
Each Unit consisted of one common share in the capital of the Company and one-half of one Warrant. Each full Warrant entitles the holder, on exercise, to purchase one additional common share of the Company at a price of $1.00 until 5:00 p.m. (Vancouver time) on November 29, 2013. The Warrants are governed by the terms and conditions of a warrant indenture dated as of November 29, 2011 between the Company and Equity Financial Trust Company.

Die perfekte Retail-kunden-Verscheißerung

[dosto]

Silver Wheaton reports 114m-ounce decrease in 2011 silver reserves

Der Golem geht um.
Es verschwinden mir nix dir nix aus den Resourcenrechnungen
Millionen von Unzen über die complette Branche verteilt.

Waren da großzügige Gefälligkeits-Schätzungen im Gange?

[dosto]

Silvertrust -Ticker-SLV-


Im Safe Unzen

1.1.2012

308.833.295

2.04.2012

311.322.000

Zuwachs: 2.489.705 Unzen.

also kaum der Rede wert.

[knastrologe]

Antwort auf Beitrag Nr.: 42.993.427 von dosto am 03.04.12 09:44:01

hi dosto, lese deine Ausführungen mit wachsender Begeisterung, gibt
ea denn auch Junior-Produzenten, die ihr Versprechen halten bzw.
übertreffen???? der knastrologe

[dosto]

Employee killed at Lake Shore Gold's Ontario mine

The company says the victim was part of a crew working underground at its Timmins West mine, adding that the full details of the accident are not known at this time.
Posted: Tuesday , 03 Apr 2012

[dosto]

Antwort auf Beitrag Nr.: 42.993.714 von knastrologe am 03.04.12 10:33:02

Also nach ihrer Propagandamaschine übertreffen sie alle.
Da sie aber meist weiche Daten bieten ist das so lala.

Ein Bringer wie zum Beispiel Fortuna Siver,
war wohl zu schnell und hat nun ein Problem.

Überhaupt arbeiten die Juniors wahrscheinlich zu schnell, sie müssen Ergebnisse bringen, dabei wird wohl die Sicherheit hintanan gestellt.
Ich bin gespannt wieviel Stollenbrüche wir dieses Jahr sehen werden.
Einige Middleclass Miner sind ja nun 4 Jahre am rausbuddeln, da stellt
sich immer mehr die Sicherung der Mine.
Das ist natürlich Kostenträchtig und oft wird daran gespart.

Halt das Problem der Newcomer.

Neue Minen ans laufen bringen, die Alten am laufen halten und die Kapazität erhöhen, also das -dog eat dog- Syndrom kann da schon mal zuschlagen.
Außerdem trifft sie noch die inflationäre Kostenentwicklung bei der
Entwicklung der Minen. Alles sehr teuer geworden.
Bei Mexicanischen Minen kann sehr schnell ein TAX-Problem auftreten.
Und die man muß da aufpassen, wer was an Silver Wheaton verkauft und zwar zu
niedrigen Preisen, auch dort ein TAX-Problem. Wenig Ertrag von SLW aber
Besteuerung zum Spotmarktpreis.
Folge daraus, die Minen Hegden das über den Optionsmarkt, der bildet etwas
ab, was er gar nicht ist. Und unsere Exploerjungs glauben das wären Kaufoptionen, sind es auch, werden aber niemals ausgelöst, das sie Silver
Wheaton Heddge Positionen der oRGINALMINER SIND:
aLSO KOMPLEXES lEBEN IST DA IN DER bUDE:

dA JETZT DIE jAHRESZAHLEN LANGSAM EINLAUFEN; KANN ICH IMMER MEHR ANALISIEREN UND DANN WIRDS HIER LOSGEHEN:
positiv, wie negativ.

Meist wird wohl negativ sein, da das zusammengestellte Puzzle der gesamten
Daten der Miner nicht so positiv ist, wie oft kolportiert.

Alles natürlich auch abhängig von den EM-Spotpreisen.

Mit 1.600 bei Gold und über 35 bei Silber
ist immer ein go ahead angesagt.

Alles was darunter sein wird, wird den Laden mehr oder weniger zum stoppen bringen.

Also: I have many fun,

die Minengesellschaften sind die getriebenen (überwiegend)
da ist auch immer wieder stolpern angesagt.

Scorpio Mining ist gestolpert.
Genau Erklärung muß ich noch finden,
war eigentlich ein gut durchsortierter Junior über alle Buntmetalle und
Silber, aber auch die haben wohl geschummelt.

Also warten wir Resourcen-Änderungen ab.
Ich habe aber keine Angst, daß die Jungs es nicht schaffen die weiterhin dubios zu stellen.
Aber inzwischen werden sie auch anders kontrolliert, unter anderem von Dosto.
Einiges wurde schon bewirkt.
Vielleicht kann man ja die polygonalk methode derartig beschädigen, daß
sie nicht mehr glaubwürdig sein kann.
Wir werden alles tun um dort mehr Trasnsparenz zu schaffen.

Die Auswirkungen werden sein,
daß die Bonanza nicht am Anfang der Mine steht-und vor allen Dingen in der Hoffnung daß sie am Ende nochmals kommt,
weil dazwischendrin die verloren gegangen Unzen und die verloren gegangene
Zeit liegt.

Happy day
im Knast.

Gruß Dosto

[dosto]

Der Silberverbrauch der Solarzellen-Hersteller

ist aus der Propanda der Silber-Bugs nun auch
gänzlich verschwunden.

Logischerweise müßten auch diese zur Kentniss nehem , daß die zwischenzeitlich auf
1 Jahresproduktion auf Solarzellen-Überschuß sitzen.

Also Kurzarbeit, Produktionstillegungen etc, etc.

Das heißt weniger Silberbedarf.

[dosto]

Benutzername: knastrologe
Registriert seit: 30.03.2012 [ seit 4 Tagen ]

lange Lesezeit!!!!

[knastrologe]

Antwort auf Beitrag Nr.: 42.994.027 von dosto am 03.04.12 11:19:47

ja, seit 4 Tagen, aber seit 4 Jahren stiller Mitleser, wenn denn
eine Möglichkeit bestand: no comp, no internet, leider.

[dosto]

First Majestic

Free Cash Flow (26.57M) (18.91M) (26.69M) 2010 24.03M

2011 31.27M

[dosto]

Free Cash Flow (176.92M) (372.39M) (154.61M) 2010 9.57

2011 296.19M

Coer

[dosto]

Pan American Silver

Free Cash Flow (53.46M) (160.94M) 72.1M

2010: 160.91M

2011 222.75M

[dosto]

Hecla

Free Cash Flow 23.41M (61.32M) 91.46M

2010 125.88M

2011 (27.07M)

[dosto]

Endeauvor

Free Cash Flow (21.47M) (18.41M) (5.5M)

2010 -618,015

2011 --1.87M

[dosto]

La Encantada Measured & Indicated


Tailings


4,313,824 147.17 1.51 2.01 20,411,399


what is Tailing Mr. Neumeyer

kann ich nur hoffen

it is a nice piece of tail

[dosto]

SOGC: 203 / 2011 from 19.10.2011
FMS Trading AG, in Baar, CH-170.3.036.004-8, Aktiengesellschaft (SHAB Nr. 152 vom 09.08.2011, S. 0, Publ. 6288606).
Peoples registration new or modified: Hauenstein David, von Tegerfelden, Zug, Mitglied des Verwaltungsrates, mit Kollektivunterschrift zu zweien [bisher: Mitglied des Verwaltungsrates mit Einzelunterschrift];
Neumeyer Keith, kanadischer Staatsangehöriger, London (UK), Präsident des Verwaltungsrates, mit Kollektivunterschrift zu zweien;
Buser Franz, von Erlinsbach, Zürich, Mitglied des Verwaltungsrates, mit Kollektivunterschrift zu zweien.
SOGC: 152 / 2011 from 09.08.2011
FMS Trading AG (FMS Trading Ltd), in Baar, CH-170.3.036.004-8, Oberneuhofstrasse 8, 6340 Baar, Aktiengesellschaft (Neueintragung).
Statutes date: 02.08.2011.
Aim: Handel mit Edelmetallen, anderen Metallen und Rohstoffen sowie Erbringung von damit zusammenhängenden Dienstleistungen;
vollständige Zweckumschreibung gemäss Statuten.
Share capital: CHF 100'000.00.
Share capital paid-up: CHF 100'000.00.
Shares: 1'000 Namenaktien zu CHF 100.00.
Publication organ: SHAB. Die Mitteilungen an die Aktionäre erfolgen durch Brief, E-Mail oder Telefax an die im Aktienbuch verzeichneten Adressen. Mit Erklärung vom 02.08.2011 wurde auf die eingeschränkte Revision verzichtet.
Peoples registration: Hauenstein David, von Tegerfelden, Zug, Mitglied des Verwaltungsrates, mit Einzelunterschrift.

[dosto]

SOGC: 056 / 2012 from 20.03.2012 (Page 20)
Bay Capital AG, in Baar, CH-170.3.035.108-6, Aktiengesellschaft (SHAB Nr. 225 vom 18.11.2010, S. 18, Publ. 5900654).
Peoples registration new or modified: Buser Franz, von Erlinsbach SO, Zürich, Präsident des Verwaltungsrates, mit Kollektivunterschrift zu zweien [bisher: Präsident des Verwaltungsrates mit Einzelunterschrift];
Hauenstein David, von Tegerfelden, Zug, Mitglied des Verwaltungsrates, mit Kollektivunterschrift zu zweien [bisher: Mitglied des Verwaltungsrates mit Einzelunterschrift];
Wild Hans, von Wattwil, Adliswil, Direktor, mit Kollektivunterschrift zu zweien.
SOGC: 247 / 2011 from 20.12.2011 (Page 27)
QUALCUM HOLDING SA, in Zug, CH-660.0.939.002-0, Aktiengesellschaft (SHAB Nr. 200 vom 14.10.2011, S. 0, Publ. 6376346).
Peoples registration new or modified: Hauenstein David, von Tegerfelden, Zug, Mitglied des Verwaltungsrates, mit Einzelunterschrift;
de Cannière Vincent, von Meyrin, Dubai (AE), Präsident des Verwaltungsrates, mit Einzelunterschrift [bisher: in Veyrier, Mitglied des Verwaltungsrates mit Einzelunterschrift].
SOGC: 247 / 2011 from 20.12.2011 (Page 34)
DRITTE VERÖFFENTLICHUNG
1. Firma (Name) und Sitz der aufgelösten Aktiengesellschaft: Incohold SA in Liquidation, Zug
2. Auflösungsbeschluss durch: ausserordentliche Generalversammlung
3. Datum des Beschlusses: 30.11.2011
4. Anmeldefrist für Forderungen: 19.01.2012
5. Anmeldestelle für Forderungen: Incohold SA in Liquidation, c/o David Hauenstein, Vorstadt 30, 6301 Zug
6. Hinweis: Die Gläubiger der aufgelösten Aktiengesellschaft werden aufgefordert, ihre Ansprüche anzumelden.
7. Bemerkungen: Die Gläubiger werden ausdrücklich auf die Möglichkeit der vorzeitigen Verteilung des Vermögens gemäss Art. 745 Abs. 3 OR hingewiesen. Hauenstein Treuhand GmbH 6301 Zug

[dosto]

SOGC: 069 / 2009 from 09.04.2009
Kiosque du Domino, Franz Buser, à Fribourg, CH-217-1001641-0, exploitation du kiosque du Domino, etc. Entreprise individuelle. (FOSC du 14.06.2002, p. 8). L'entreprise est radiée par suite de cessation d'activité.
SOGC: 113 / 2002 from 14.06.2002
Kiosque du Domino, Franz Buser, à Fribourg, Boulevard de Pérolles 35.
Chef de la maison: Buser Franz, d'Hauenstein, à Marly, signature individuelle.
Aim: exploitation du kiosque du Domino;
vente de tabacs, chocolats, glaces, pâtisseries, bonbons, journaux, livres, souvenirs, fruits, fleurs, loteries et boissons.

[dosto]

Was passiert da oben

ist Keith Neymeier nun unter die Bonbonhändler gefallen,
oder sind die Bonbon-Kiosk-Händler

nun EEdelmetall Koisk-Händler

Was macht der Boss von First Majestic in Zug in der Schweiz?

[dosto]

Auszug aus Endeauvour, das hinter meinen Erwartungen blieb

Note: In January and February, 2012, gold and silver prices enjoyed a significant rebound from their lows in December, 2011. Endeavour therefore elected to sell most of the precious metal inventory it accumulated in Q4, 2011 in order to capture the higher gold and silver prices. However, gold and silver prices corrected sharply once again in March 2012 so Endeavour management once again chose to accumulate its precious metal production in Q1, 2012 rather than sell at depressed prices. Management plans to monitor precious metal prices closely and sell some (or all) of the silver and gold inventory at appropriately higher metal prices, or if the need arises for more cash.

[dosto]

EXK


Guanacevi:

Produktion

4. Quartal 2011 98,7 tons Grade 320 Unzen 753.353
1. Quartal 2012 98,9 tons Grade 291 Unzen 726.697

Gold: 1.551 zu 1.620 Unzen

[dosto]

EXK
Guanajuato

4.Quartal 2011:: 86,66 Grade 173 Unzen 364.728
1.Quartal 2012: 94,80 Grade 163 Unzen 345.794

Gold 5.494 zu 4.701

[dosto]

Guanacevi 773,000 304 0.65

7,555,500 Unzen Silber. Resourcenrechnung der Firma.

Nach der derzeitgen Rate werden ca. 5.670.600 Unzen erreicht.

Mal sehen wo sich das einpegelt.

[dosto]

Guanajuato 337,000 189 2.41 2,019,700

Wie sie die 2 Millionen Unzen schaffen wollen ist mir auch nicht klar.

95 TSD tonnen sind weg aus 337.000

also noch 2 und 1 Halbel Quartel tons vorhanden

Pro Quartal 350 TSD >Unzen

naja, da fehlen etliche 100 TSD Unzen schätz ich mal am Ende.
Das wäre ja dann im Herbst.

[dosto]

Internal Mineral Reserve and Resource estimates for La Encantada, La Parrilla, San Martin and Del Toro
at December 31, 2011 were prepared under the supervision of Ramon Davila, Ing., the Company’s Chief
23

Operating Officer and Florentino Muñoz, Ing., the Company’s Chief Geologist, as Qualified Persons as
the term is defined in NI 43-101.


Nun in dieser Company machen die Resourcen-Rechnung die eigenen Männer.

Oder gibts ein unabhängiges neues Gutachten?

[dosto]

CME Group to cut silver margins for 2nd time since Feb

The group will lower the margins for COMEX silver futures for the second time since February in an attempt to boost liquidity after a narrow price range tempered trading interest. Palladium and copper margins are also to be reduced.



The CME Group, the biggest operator of U.S. futures exchanges, will cut margins for COMEX silver futures for the second time since February in an attempt to boost liquidity after a narrow price range tempered trading interest.

CME said in a statement it will cut the initial margin for COMEX 500 silver futures <0#SI:> by 12.5 percent to $18,900 per contract from $21,600, and the maintenance margin will be lowered to $14,000 from $16,000 per contract, effective after close of business on April 16.

"The margins are still relatively high compared to a year ago," said Nick Trevethan, senior commodity strategist at ANZ in Singapore.

"If we see volatility continue to decrease, there may be more scope for margin cuts."

Margin cuts are mildly supportive of prices, but their effect is not as immediate and strong as margin increases, he added.

Margins are deposits paid by investors in futures markets to cover the risk of default. Exchanges typically raise margins to mitigate risks as price volatility in the market increases.

CME raised margins five times in late April and early May last year by a total of 84 percent, sending silver down more than 30 percent over two weeks from its record high near $50 an ounce.

COMEX silver traded down 0.9 percent to $32.23 an ounce by 0236 GMT.

CME also plans to decrease the margins on NYMEX palladium futures <0#PA:> by 9.5 percent. The new initial margin will be $5,225 per contract versus $5,775, and the maintenance margin cut to $4,750 from $5,250.

COMEX copper futures <0#HG:> initial margins will be cut by 20 percent to $5,400 per contract, and the new maintenance margin will be $4,000.

[dosto]

Capstone Mining Announces New $200 Million Corporate Credit Facility


Vancouver, British Columbia - Capstone Mining Corp. ("Capstone") (TSX: CS) has entered into a new Senior Secured Revolving Corporate Credit Facility for up to US$200 million with The Bank of Nova Scotia (Lead Arranger and Administrative Agent), Canadian Imperial Bank of Commerce (Co-Syndication Agent), Bank of Montreal (Co-Syndication Agent) and HSBC Bank Canada.


Was haben die Brüder vor.

Sie verfügen über 500 Millionen cash.

[knastrologe]

@Dosto, vielleicht deswegen:

Die Analysten gehen davon aus, dass die Kreditfazilität, das Barguthaben und der der Cashflow der Projekte Minto und Cozamin ausreichen werden, um Capstones Anteil an den Kapitalkosten von insgesamt 1,5 Mrd. USD für die Weiterentwicklung von Santo Domingo in den nächsten fünf Jahren zu finanzieren.

Quelle: minenportal.de

der knastrologe

[dosto]

Antwort auf Beitrag Nr.: 43.035.692 von knastrologe am 13.04.12 14:20:15

Da nke für die Auskunft.

Leider bin ich mit Kupferminen etwas hintenan.

Aber ich werd mir das mal angucken, wie weit die dort am Zug bleiben müssen.
Beide Minen sind ja in Produktion.

[dosto]

Antwort auf Beitrag Nr.: 43.035.692 von knastrologe am 13.04.12 14:20:15

ok,

Capstone ist in Chile beschäftigt,
die sind wohl nicht auf Übernahmesuche.

und fallen für als potentioneller Käufer erstmal weg.

[dosto]

Silber hat die Marke von 10 DaLLAR unter zum letzten Jahr erreicht.
Der April war so oder so 2011 ein denkwürdiger.
Wie wird er dieses Jahr?

Bid/Ask 32.06 32.16
Low/High 31.82 32.57
Change -0.32 -0.99%
30DayChg -0.09 -0.28%
1YearChg -10.12 -23.99%

[Looe]

Antwort auf Beitrag Nr.: 43.036.642 von dosto am 13.04.12 17:03:02

Wie wird er dieses Jahr?


Tja... wie wird er ? eher durchwachsen. ...nach den "seasonals" sind der April und Mai ja eh schwache Monate.Da hätte man noch Zeit bis Ende Juni. Aber...ob man sich danach noch richten kann bzw. sollte ? Nach den "Auswüchsen" im letzten Jahr ? Keine Ahnung.


http://www.seasonalcharts.de/classics_silber.html

[dosto]

Nagelprobe


Vancouver, British Columbia, April 5, 2012 -- Sandstorm Gold Ltd. ("Sandstorm" or the "Company") (TSX-V:SSL) is proposing a consolidation of its issued and outstanding common shares ("the Common Shares") on the basis of one (1) post-consolidation Common Share for up to every five (5) pre-consolidation Common Shares (the "Consolidation"), with the final consolidation ratio to be set by the Company's Board of Directors within the range approved by the shareholders.

"A consolidation would enable Sandstorm to pursue a dual listing on a U.S. stock exchange which could open the door to a large base of potential new investors", said President and CEO Nolan Watson. "This would be an exciting next step as we continue to grow the Company."


Na, hoffentlich ist der nächsre step dann keine KE


If approved, the Consolidation would reduce the Company's 347,408,871 issued and outstanding Common Shares to approximately 69,481,774 Common Shares.


Die Gurke ist so oder so überbewertet und birgt Shortmaterial.

[dosto]

xxxxxxxxxxxxxxxxx

[dosto]

Silvercrest mill runs fast and furious in Q1

Silvercrest Mines reckons it's on track to produce 33,000 ounces gold and 435,000 ounces silver this year, with more to come through a proposed mill expansion.
Author: Kip Keen
Posted: Thursday , 19 Apr 2012
RELATED STORIES
Silvercrest estimates 100m silver-equivalent ounces at La Joya
SilverCrest sees gold, silver rise at Mexico mine

HALIFAX, NS (MINEWEB) -

Silvercrest Mines (TSX-V: SVL) pushed 16 percent more ore than planned through its mill at the Santa Elena mine in Mexico, netting it a second strong quarter of production in a row.

Silvercrest outlined production results for the first quarter 2011 Thursday morning and said it averaged 2,900 tonnes per day throughput as compared to 2,500 tonnes per day on plan.

Combined with predictable silver and gold grades, Silvercrest produced 134,528 ounces silver and 9,405 ounces gold in the first quarter at a cash cost around $8 per ounce silver equivalent.


Ich hab leider noch keine Tonnage-Zahlen.

aber jetzt schon ein aber.

Es sieht so aus, daß mehr gemillt wurde.
Dann siehts aber auch so aus daß nur sehr wenige Unzen Gold
mehr gefördert wurde, Silber ,mehr, schon gar nicht als im
Quartal davor.

Nunja, warte ich mal die Restzahlen ab.

[dosto]

RENO (MINEWEB) -

During a presentation Thursday morning in New York City to introduce the latest edition of the Silver Institute's World Silver Survey 2012, Philip Klapwijk, global head of metals analytics for Thomson Reuters GFMS, said the group's short-term forecast is that silver will trade between $28.70 to $32.90 per ounce in the second quarter, broadly shadowing gold.

"Before the end of 2012 a more decisive break-out to the upside is probable," he said, "although a repeat of 2011's high is less likely, as investors will be more cautious following last year's extreme volatility."

"Currently Thomson Reuters GFMS forecasts a high of just above $40 for silver this year," Klapwijk advised.

[dosto]

Total Net Assets $9.701.860.016
Shares Outstanding 317.550.000
Sponsor's Fee 0,50%
Inception Date 4/21/2006
Ounces of Silver in Trust 308.370.574,900



Damit ist der Silvertrust in diesem Jahr ein

NULLEREIGNIS:

niX REIN; NIX RAUS:

[dosto]

Baja Mining suffers massive sell-off as analysts cut targets

It has been a rough two days for Baja Mining as it warns of a looming funding shortfall in the midst of mine construction.
Author: Kip Keen
Posted: Wednesday , 25 Apr 2012

HALIFAX, NS (MINEWEB) -

For a second straight day investors fed Baja Mining (TSX: BAJ) stock into the guillotine after Baja said capital costs on its Boleo copper-polymetallic project in Mexico, which it is in the midst of building, would be far more than expected and that three board members had resigned.

By the end of the trading day Monday Baja shares were down nearly 40 percent to C$0.57 and then Tuesday, as analysts slashed their Baja shareprice targets, it fared little better. As of presstime Baja's shareprice was off 36 percent at C$0.38 on heavy trading volumes.

The two dominant themes among analyst comments were: the now glaring funding shortfall - to the tune of $246 million - staring Baja in the face and the uncertainty caused by the mass exodus of Baja board members.

Baja blamed the rise of capital costs, for which investors show little sympathy these days, on changes to its mine design and general price escalation that has battered the broader mining industry hard this and last year.

For now what it means is that Baja does not have enough money to build its Boleo project, of which it owns 70 percent. A Korean consortium owns the balance.

A group of banks agreed to fund 70 percent of the project with debt, based on the old $1.15 billion capital cost estimate. But now that loan package will no longer suffice and Baja has to find a way to raise its share of the shortfall.

To that end Baja said it was looking at the most non-dilutive ways to find the requisite funding and was talking with its Korean partner.

It was the scale of the shortfall that caught analysts off guard. Raymond James analyst Adam Low called the magnitude a "shock" in a note to investors Tuesday. Likewise, Haywood Securities analyst Stefan Ioannou said it was "unexpected."

Both analysts dropped their shareprice targets on Baja by half, Low to C$0.85 from C$1.90 and Ioannou from C$1.75 to C$0.85. Still that kept Baja in positive rating territory as investors had pushed Baja's shareprice well below either analysts targets.

On the financing problem, Low outlined three ways out for Baja. He said it could sell a stake in Boleo, issue new equity and/or sell forward copper production. Of these three Low called the first scenario "plausible" in that the Korean Consortium might come in to control the project and thereby net Baja enough cash to fund its 70-percent share of the shortfall.

[dosto]

NUNJA SIEHE OBEN;

DA WILL JA EINIGES GERISSEN WERDEN AN ww:o:BORDS WAS kUPFEREXPLORERN ANGEHT

Vielleicht erdet da ja ein wenig.

[dosto]

Goldcorp



SUMMARIZED FINANCIAL RESULTS
(in millions of United States dollars, except per share and per ounce
amounts)
Three Months Ended
March 31
2012 2011
Revenues $1,349 $1,216
Gold produced (ounces) 524,700 637,600
Gold sold (ounces) 545,700 627,300
Copper produced (thousands of pounds) 24,100 21,400
Copper sold (thousands of pounds) 21,600 21,400
Silver produced (ounces) 6,618,500 6,143,400
Silver sold (ounces) 8,714,000 5,911,000
Lead produced (thousands of pounds) 39,200 36,500
Lead sold (thousands of pounds) 52,400 31,400
Zinc produced (thousands of pounds) 63,800 55,600
Zinc sold (thousands of pounds) 75,900 59,500
Average realized gold price (per ounce) $1,707 $1,394
Average London spot gold price (per ounce) $1,691 $1,386
Average realized copper price (per pound) $4.25 $4.27
Average London spot copper price (per pound) $3.77 $4.38
Average realized silver price (per ounce) $26.80 $28.91
Average London spot silver price (per ounce) $32.63 $31.86
Average realized lead price (per ounce) $0.96 $1.21
Average London spot lead price (per ounce) $0.95 $1.18


Gewinn 0,51

Die Aktie ist somit erstmal überbewertet.

[dosto]

GG
Goldcorp Inc. (NYSE)
Delayed quote data
4/26/2012 10:40 AM
hide quote detailed quote options chain chart help
Last:
38.94
Change:
arrow -2.11
Open:
39.59
High:
39.67
Low:
38.76
Volume:
5,867,196
Percent Change:
-5.14%
Yield:
1.39%
P/E Ratio:
18.348
52 Week Range:
38.76 to 56.31

[dosto]

DOSVEDANJE-CHOROSCHO-BOSCHE MOJ


Barrick sold shares to investors for $128 mln - Highland

* Abramovich's Millhouse was not involved in the deal - source

* AIM-listed Highland shares slid almost 5 percent

MOSCOW, APRIL 26 - Canada's Barrick Gold, the world's largest gold producer, sold its 20.37 percent stake in Russia's Highland Gold to institutional investors for 79.5 million pounds ($128 million), Highland said on Thursday.

Barrick sold 66,235,264 ordinary shares in Highland Gold at a price of 120 pence per share, pulling out of one of the world's most promising - but also toughest - gold frontiers.

Barrick bought the stake in Highland, a venture backed by tycoon Roman Abramovich, almost a decade ago, with the aim of using it as a toehold to grow in Russia, home to the world's second-largest gold reserves after South Africa.

Abramovich's investment vehicle Millhouse, which owns 40 percent of Highland, had not ruled out buying part of Barrick's stake earlier but the stake was sold instead to funds.

Millhouse spokesman John Mann declined comment. Highland's head of communications Dmitry Yakushkin was not immediately available for comment.

Highland failed to significantly ramp up its production and Barrick Gold decided to focus on its more lucrative U.S. and Latin American growth assets

[dosto]

China smelters want to deliver copper to LME due to high prices
By Polly Yam

HONG KONG, April 27 (Reuters) - Chinese smelters want to deliver their refined copper to warehouses of the London Metal Exchange because of high cash LME prices, sources at smelters said on Friday.

The extra supply from Chinese smelters means that copper for nearby deliveries at LME warehouses will rise, helping to ease the LME backwardation and trim near-record stocks in China. The world's top consumer of the metal has commercial stocks of more than one million tonnes of refined copper.

The benchmark cash-to-three-months backwardation - a premium for cash copper against three-month delivery on the world's biggest metal marketplace - hit its highest since August 2008 at $134 per tonne on Thursday in London.

The backwardation will cause losses to Chinese smelters that receive regular term imports of raw material concentrate priced on nearby LME months and sell refined copper later in the domestic market, the sources said.

They said the smelters had also been suffering from lower domestic refined copper prices than the LME due to lukewarm demand in the Chinese market.

A trade manager at one large Chinese smelter said the firm was preparing to deliver 10,000-20,000 tonnes of refined copper to LME warehouses next month under a tax-exempt policy.

The policy allows smelters that import copper concentrates to export some refined copper duty free. Exports falling outside the policy are subject to 10 percent tax.

"If the backwardation stays like this, we will continue to deliver to the LME," the trade manager said.

A sales manager at another large Chinese smelter said his firm currently was doing logistic arrangements to deliver 'several ten-thousand tonnes' of refined copper to the LME but did not provide the exact amount.

He added that the domestic market was oversupplied and estimated about 1.4 million tonnes of refined copper stocks in China, excluding the stockpile of the State Reserves Bureau.

Smelters already exported copper in February and the bulk had been delivered to bonded warehouses in Shanghai.

Copper does not necessarily have to leave Chinese soil to be considered exports. They are considered exports once they enter a bonded warehouse, and duty is paid.

High cash LME prices already prompted owners of bonded copper stocks in Shanghai to re-export some stocks in April.

[dosto]

So, die ha ben sich versorgt.

An einer nicht gehypten Company

Iamgold to buy Trelawney Mining for C$585 mln
Fri Apr 27, 2012 10:43am GMT

Print | Single Page
[-] Text [+]

April 27 (Reuters) - Iamgold Corp will buy Trelawney Mining and Exploration Inc for C$585.3 million, to expand its gold assets in northern Ontario.

The offer of C$3.30 per share represents a premium of 42 percent over Trelawney's Thursday close on the Toronto Venture Exchange.

[dosto]

twchnische Chance bei

PPP-Primero-Mining

200 Tage-Linie 3,20 (vorsicht-sinkend)

Gewinne sichern !!!!!

[dosto]

Meine technischen Longs sind nicht für
Kleinanleger mit 1.000 Stück geeignet.

Der Kapitalbetrag muß so gesetzt sein, daß auch Gewinne zwischen 30-50 cents mit Erfolg gezogen werden können.

[dosto]

Lange nicht gut genug, um ein wirklich gutes Investment zu sein,
zur Zeit. Die Dividende sollte über 30 cents sein, damit die Aktie schmackhaft wird.

Inside thestar.com
Five of the 10 worst roads in the province are found in Toronto according to a Canadain Automobile Association survey.
Toronto road tops list of Ontario's worst
Former ORNGE associate vice-president Kelly Long, girlfriend of ORNGE founder Chris Mazza.
ORNGE founder's lover glided into VP job
The Lake Front Lane home is a favourite for locals and a rare stretch of the Beach where they can let their dogs off leash.
Beach home listed for record $8 million
Lenami Godinez-Avila was on her first-ever hang-gliding flight to celebrate her anniversary with her boyfriend when she plummeted to her death in British Columbia last Saturday.
Claims glider pilot ate fall video
Katelynn Sampson shown in the cafeteria of the Parkdale Public School in this April 28, 2008, file photo.
Porter: Katelynn failed by safety net
Barrick Gold raises dividend 33% due to strong results
Published On Wed May 02 2012

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Article

The Canadian Press

TORONTO—Barrick Gold Corp. is increasing its quarterly dividend by 33 per cent, the company announced Wednesday as it reported a three per cent increase in its first-quarter profit and executives prepared for the annual shareholders meeting.

The world’s biggest gold company said it had $1.03 billion of net earnings, or $1.03 per share, in the first quarter. That was up from US$1 billion in net earnings or $1 per share a year earlier.

Barrick’s revenue improved to $3.6 billion from $3.1 billion — largely as a result of higher gold prices.

The new dividend of 20 cents US per share will be payable June 15.


ABX bleibt weiterhin auf der

aktiven Shortliste.

Jeder gewonne Short-Dollar ist ein guter Dollar!

[dosto]

KLEINER aNHALTSPUNKT AUS yAMANA

Preise Qurtal zu Vorjahresquartal:

Gold -plus
Silber -Minus
Kupfer- Minus


Per share $ 0.30 $ 0.38
Average realized gold price per ounce $ 1,696 $ 1,387
Average realized silver price per ounce $ 32.94 $ 33.99
Average realized copper price per pound $ 3.73 $ 4.28

[dosto]

Dead Man Walking

Ounces of Silver in Trust

306.638.645,500

[dosto]

Antwort auf Beitrag Nr.: 43.105.084 von dosto am 30.04.12 17:31:43

Primero beats Q1 estimates with $18.8m profit


By: Matthew Hill
3rd May 2012
Updated 3 hours ago
TEXT SIZE
Text Smaller Disabled Text Bigger


JOHANNESBURG (miningweekly.com) – Toronto’s Primero Mining made an $18.8-million, or $0.21 a share, adjusted profit for the three months ended March, trouncing analyst expectations of $0.08 a share.

The company produced record amounts of silver and gold at the San Dimas mine in Mexico during the quarter, reaching 25 790 gold-equivalent ounces, a 10% rise on the same period in 2011.

Revenues rose 29% to $44-million, as the combination of higher output and gold prices assisted TSX- and NYSE-listed Primero.

Importantly, the firm said it had delivered the annual minimum threshold of 3.5-million ounces of silver under the silver purchase agreement it has with Silver Wheaton, earlier than it achieved this last year.

Under that accord, Primero sold a certain amount of San Dimas’ silver output to the streaming company for $4/oz, significantly lower than the $30.45/oz the metal was trading at on Thursday.

That allows it to sell 50% of its silver production at spot prices until the agreement anniversary on August 6. In total, Primero expects to sell between 500 000 and 750 000 oz at spot prices this year.

“Our first quarter results highlight the progress we've made, with throughput and grades improving over last quarter and production also increasing from the first quarter of 2011,” CEO Joe Conway said.

Primero reiterated its 2012 production guidance of between 100 000 and 110 000 gold-equivalent ounces.

The firm aims to grow output at San Dimas to a yearly rate of close to 200 000 gold-equivalent ounces by mid-2014.

[dosto]

Blaue Briefe schleichen an die junior explorer,
aber auch mittlere haben große Schwierigkeiten mit den
Resourcen-Wahrheiten. Da muß sich was tun.


May 3, 2012, 8:01 p.m. EDT
Petaquilla Minerals Ltd. Reports Technical Disclosure Review

VANCOUVER, BRITISH COLUMBIA, May 03, 2012 (MARKETWIRE via COMTEX) -- Petaquilla Minerals Ltd. ("Petaquilla" or the "Company") CA:PTQ -4.76% PTQMF -1.18% (frankfurt:P7Z) reports that the Corporate Finance Department of the British Columbia Securities Commission (the "BCSC") selected the Company for a technical disclosure review for the purpose of assessing the Company's compliance with the technical disclosure requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). As a result of such review, the Company received comments from the BCSC identifying certain disclosure and filing issues with respect to the Company's disclosure recor

[dosto]

Short cut

Eldorado Gold

Gewinn 4 Quartal 2011 -- 90,91 Millionen

Gewinn 1. Quartal 2012 --- 67,9 Millionen
verwässert durch 17,8 Mill Übernahme

nixdestotrotz: no progress

24% increase in gold revenues over the same quarter in 2011, reflecting higher gold prices.

[dosto]

Canadian miner Alexco Resource Corp's quarterly profit fell 62 percent, hurt by lower metal prices.

First-quarter net income was C$1.3 million, or 2 Canadian cents per share, compared with C$3.4 million, or 6 Canadian cents per share, last year.

Revenue rose 21 percent to C$24.5 million.

Alexco said first-quarter silver production rose 30 percent to 581,808 ounces and said it expects to produce about 2.2 million to 2.5 million ounces of silver in 2012.

[dosto]

So ich denke das waes mit

3xP

PRimero ging an die MA 40 Linie

und der Spot-Goldmarkt sieht nicht danach aus um große
Hoffnungen in Goldminen zu setzen.

[dosto]

Was ist da los

Silverstand fördert

2,2 Millionen Unzen Silber

und verkauft

1,5 Millionen Unzen

ich sehe da einen fallenden POS

?????????????????????????????????????????????????????

[dosto]

The blues goes on:

Total Net Assets $8.753.837.799
Shares Outstanding 313.500.000
Sponsor's Fee 0,50%
Inception Date 4/21/2006
Ounces of Silver in Trust 304.309.376,700

[dosto]

Nevsun Declares Semi-Annual Dividend

Tuesday, May 15, 2012 12:24 PM

Nevsun Resources Ltd.(TSX:NSU)(NYSE amex:NSU) says that it has declared a semi-annual dividend of 5 cents, or 10 cent per share annually, payable on July 16 to shareholders of record as of the close of business on June 30. "

[dosto]

Meanwhile, Great Basin’s Nevada operations fell short of its 19 749 oz production forecast, dropping to 16 240 oz for the quarter, compared with 24 082 oz produced in the first quarter of 2011.

[dosto]

frisch auf den Tisch

von Pam American#
#
2012 Revised 2012 Estimated
Estimated Cash Costs(1)
Silver Production Per Ounce US$
Million Ounces
Huaron 2.7 to 2.8 $20.90 to $22.70
Morococha 1.7 to 1.8 $24.60 to $26.50

da gibts 2 Minen, die beim Silberpreis nur noch
als Unzenstatistik herhalten könnten.
Der Gewinn geht dort dann ans hauchdünne.

[dosto]

er lebt noch:

rofile as of 5/17/2012
Description Value
Total Net Assets $8.496.341.309
Shares Outstanding 318.600.000
Sponsor's Fee 0,50%
Inception Date 4/21/2006
Ounces of Silver in Trust 309.258.814,500

[dosto]

Das Comex Q3 für Gold ist da.

As for margins, the initial margin for new speculative positions will fall to $9,113 from $10,125 for the main 100-ounce contract. The maintenance margin for existing speculative positions, plus all hedge positions, will fall to $6,750 from $7,500.

[dosto]

Volcan sees 2012 silver output up 7%

General Manager Juan Jose Herrera told the International Gold Symposium on Monday the company's silver output will likely rise 7% this year.
Posted: Tuesday , 15 May 2012



LIMA (Reuters) -

Volcan, the world's No. 4 silver and zinc producer, said on Monday its silver output will likely rise 7 percent to 22.5 million ounces this year.

"Even though overall production fell 6 percent in Peru in 2011, Volcan had a positive performance and produced 21 million ounces of silver," said Juan Jose Herrera, Volcan's general manager.

"We hope to beat that this year," he said at the International Gold Symposium on Monday.

Peru is the world's No. 2 copper and silver producer and mining accounts for some 60 percent of its export.

[dosto]

HOME > PRECIOUS METALS > SILVER NEWS
SILVER NEWS
Silver supply to pass the billion ounce mark this year-CPM

Silver price increases have had a positive impact on primary silver producers as global silver mine production may hit 729 million ounces this year, and total supply over 1 billion ounces, says New York-based CPM Group.
Author: Dorothy Kosich
Posted: Thursday , 17 May 2012

RENO (MINEWEB) -

Newly refined market economy silver supply is set to surpass one billion ounces for the first time in 2012, according to CPM Group's Silver Yearbook 2012.

Market economy silver mine supply was entirely responsible for the increase in total silver supply in 2011, with secondary silver declining during the year. Total refined market economy silver supply rose 22.6 million ounces to 995.1 million ounces in 2011.

After rising for nine consecutive years, total silver supply is forecast to reach 1.01 billion ounces in 2012 with nearly all of the projected increase expected to come from higher mine production.

Silver mine production in market economies was 713.6 million ounces in 2011, surpassing the 700-million ounce mark for the first time on record. Mine supply increased most strongly in China and Mexico, the two largest silver producers. Silver mine supply is forecast to reach 729 million ounces this year, up 15.4 million ounces from 2010.

"The increase in prices has had a positive impact on primary silver mine production," said the report. Silver mine supply from primary producers was 179.8 million ounces in 2011, up 7.2 million ounces from 2010.

The net increase in primary silver output came primarily from relatively few mines: Primarily San Jose in Mexico, Twin Hills in Australia and Cerro Bayo in Chile. Average silver cash costs at primary mines were $8.28 per ounce in 2011.

The top ten largest market economy silver producing countries in the world are Mexico, China, Peru, Australia, Chile, Poland, Bolivia, the United States, Argentina, and Canada.

Secondary silver supply is expected to increase to 279.8 million ounces this year, up 2.7 million ounces from 2011.

FABRICATION DEMAND

Silver fabrication demand rose 2.2% to 861.9 million ounces in 2011. The largest increase in global silver fabrication demand, in terms of ounces, came from the photovoltaic or solar panel industry, which consumed 59.8 million ounces in 2011.

However, demand for silver from the photovoltaic industry is expected to decline to 57.5 million ounces this year, "driven by a reduction in demand for new solar panels from Europe and a large supply overhang due to excess production by China," said the report.

The electronics sector is the second largest user of silver after the jewelry industry. "Silver is used to some degree in virtually every electronic item because of its excellent ability to conduct electricity," said CPM. Demand for silver from the electronics sector reached 221.8 million ounces in 2011, up 9.1 million ounces from 2010.

Silver jewelry demand is forecast to increase 1.8% to 296.1 million ounces this year. Much of the growth will come from Chinese jewelry demand, which could increase 8%.

Silver is used in biocide applications contained in medical, hygiene, cosmetic and textile producers. Demand from this sector rose to 6 million ounces of silver in 2011, up 7.1% from the previous year. Demand could rise 6.8% this year to 6.4 million ounces, CPM advised.

Silver fabrication demand is forecast to reach 879.1 million ounces this year, up 17.2 million ounces from 2011. "The main drive of growth during 2012 is expected to be the electronics sector," said the report.

INVESTMENT DEMAND

Silver investment demand remained strong last year as investors were estimated to have added 133.2 million ounces of silver to their holdings during the year, up 3.3% from 2010.

"Investors are expected to continue buying large volumes of silver during 2012," CPM forecast. "Net investment demand in silver by investors is expected to reach 131.7 million ounces during 2012, down 1.1% from 2011."

The report noted that 565.4 million ounces of silver backed exchange traded products at the end of last year, a decline of 26.5 million ounces from levels at the end of 2010.

However, CPM observed that "investors have turned net buyers of the metal in early 2012, having added 14.5 million ounces of the metal to holders at the end of the first quarter.

Total silver backing these products reached 579.9 million ounces on March 31, 2012.

Silver coin sales are estimated to have reached 88.2 million ounces in 2011, a 7% increase. "The rate of growth in total coin demand is forecast to slow in 2012 relative to sales levels in recent years, as investors become less pessimistic about the global economy, compared to recent years, and become more price sensitive," the report observed.

In India, silver demand is expected to be flat from levels seen in 2011, while Chinese investment demand has been rising sharply "helped by increased availability of silver physical and financial products and rising household income levels." However, CPM cautioned, "Expected moderation of inflation compared to 2011 coupled with relatively tight money supply could keep Chinese investment demand for silver capped."

To obtain a copy of CPM's Silver Yearbook 2012, please go to www.cpmgroup.com

[dosto]

Willkommen im Tal der Produzenten

Highlights – CERRO DEL GALLO FIRST STAGE HEAP LEACH FS (At metal pricing of US$1,341/oz Au, US$25.58/oz Ag and US$7,582/t Cu) Operating Results
Maximum annual gold equivalent production2 99.1 k oz
Average annual gold equivalent production2 94.6 k oz
Cash operating cost2, 3 US$516 per oz (Au eq)
Pre-production capital costs:
Plant & Infrastructure Costs and Owners Costs US$136M
Mining fleet cost4 US$18.8M
Life of Mine (LOM) 7.2 years
Financial Results
(Assumes owner operated mining fleet and includes sustaining capital) 4
Undiscounted Net Cash Flow5 (after capex, pre-tax) US$280M
Net Present Value @ 6%5 (after capex, pre-tax) US$181M
Pre-tax IRR5 30.5%
Pre-production Capital Payback Period4, 5 2.7 years

[dosto]

Kinross announces unlawful work stoppage at Tasiast

Gold Fields seeks support of local Kyrgyz villagers
Friday , 01 Jun 2012
Unable to guarantee the safety of local residents due to violent opposition to its JV project eight months ago, Gold Fields ceased drilling and began work instead on a deal with the local community.

Regent ousted as Barrick CEO
Wednesday , 06 Jun 2012
Barrick Gold said Wednesday it has replaced CEO Aaron Regent because of the company's poor share price performance

South Africa's AMCU recruits workers at Amplats
Wednesday , 06 Jun 2012
Despite allegations it is using violence and intimidation to peel members away from the dominant NUM, the union says it is recruiting at Anglo American Platinum, top producer of the metal.

New taxes on mining in Brazil's Minas Gerais, Pará and Amapá states are expected to raise more than 1.2 billion reais ($592 million) a year.

[dosto]

und in 3 Wochen wählt Mexico.

Inzwischen etabliert sich eine außerparlamentarische Union (Opposition) über das Internet.

Mal sehen was die korrupte PRI zustande bringt.

[dosto]

Goldman Predicts

In October, Bank of America forecast $2,000 by early 2012. Goldman predicted in December that gold would reach $1,840 by early June. Barclays and Morgan Stanley said in January that it would average $1,850 and $1,810 this quarter. The metal actually averaged $1,619 since the end of March. Goldman now expects prices to reach $1,940 in 12 months. Barclays predicts an average of $1,790 in the fourth quarter, and Morgan Stanley forecasts $2,000 in the final three months.

[dosto]

Willkommen im Silber-Produzenten-Zirkus.
Auch wenns erst mal mit DUMP ist.

Wir brauchen jede Unze für unsere Silber-Bugs
auch aus
Scheiß-Dump, wieviel DUMP haben die? und wie ist die Recovery-Rate.

June 6, 2012 TSXV: AUN, OTCQX: AUNFF
Aurcana Corporation ("Aurcana" or the "Company") is pleased to report that in conjunction with its current underground operations, the Company has initiated some open pit mining commencing on April 23, 2012 from the Mina Grande Pit located on the historic Presidio Mine on strike, west of the Company’s Shafter mine.
To date a total of 4,725 tons have been mined and processed from a historic dump and open pit operations with a combined average grade of 2.2 ounces Ag per ton. The materials from both dump and open pit operations were processed together and not processed separately to determine the average grade from each of the dump and open pit operations A total of 3,813 (80.7%) tons were derived from the Mina Grande open pit and 912 (19.3%) tons came from historic material from the East Shaft Dump. In-house assay results from the first two doré bar pours indicated a silver content of 78.77% and gold content of 11.14% Au and 84.37% Ag and .06% Au, respectively. These assay results have not been independently tested and verified.

[dosto]

These assay results have not been independently tested and verified.

Das kennen wir schon. Mit gesicherten Daten hat die Firma so ihre
Schwierigkeiten.
Alles über den Daumen.

Naja, im August fallen ja die Hosen.

[dosto]

Und noch ein Produzent.


ALBUQUERQUE, N.M., May 17, 2012 (BUSINESS WIRE) -- Santa Fe Gold Corporation SFEG -7.89% is pleased to announce that the Summit silver-gold mine in southwest New Mexico has reached its ramp-up target extraction rate of 10,000 tons of ore per month. Processing of ore through the Lordsburg mill has increased consistently over the past seven months and in June 2012 also is projected to reach 10,000 tons. Silver and gold output is expected to continue to increase over the next several quarters as higher grades are encountered in the mine. Full project performance is anticipated in calendar 2013. Last month Santa Fe announced the commencement of commercial production, and last week reported record operating results for the three and nine months ended March 31, 2012.

[dosto]

Friday, June 8th 10:23 AM IST
India hikes Gold,Silver import tariff value


World's largest gold and silver consumer and importer India has again hiked tariff value for gold and silver.

NEW DELHI(BullionStreet): World's largest gold and silver consumer and importer India has again hiked tariff value for gold and silver.

In a joint notification by India's Central Board of Excise and Customs (CBEC), Department of Revenue and the Ministry of Finance said gold's tariff value has changed to $531 per ten grams whilethat of silver to $899 per kilogram.

The tariff value, which is released fortnightly, is the base price on which the customs duty is determined to prevent under-invoicing. During May, the tariff value of gold stood at $507 per 10 grams.

In January, the government had changed the duty structure on gold and silver from specific to value-linked, making precious metals more expensive.

[dosto]

Buenaventura's Orcopampa Mine Resumes Operations

Friday, June 08, 2012 10:36 AM

Compañia de Minas Buenaventura S.A.A. (NYSE: BVN, BUE.LM) says it has reached to an agreement with the Orcopampa workers’ union, within the frame of the annual collective negotiations, to resume operations at the mine. The strike began May 26 and the company says operations resumed at Orcopampa Friday morning. Compañía de Minas Buenaventura S.A.A. is Peru’s largest publicly traded precious metals company and a major holder of mining rights in Peru.

Nunja das geht jetzt Land auf Land ab. Gehaltserhöhungen sind
angesagt.
Das ist aber ein kleiner Teil der Minenwirtschaft.

[dosto]

Das Orakel aus Paris.
Bekannt auch als Rohstoff-Pusher, da kräftig mit Derivaten
spekulierend.

BNP Paribas has lowered its full-year 2012 forecasts for base metals after a decline in prices in the second quarter. “We suggested in a note of mid-March that base metal prices would see a correction in Q2’12,” says senior metals strategist Stephen Briggs. “But just as the recovery of Q1 was greater than we had expected, so too has been the recent retreat.” This has been due to weakness across risk assets during the eurozone crisis, a stronger U.S. dollar and an apparent slowing of China’s economy and imports. Still, BNP continues to forecast that world base-metals demand will rise 4%-5% in 2012, although it says risks are skewed to the downside.



The bank’s full-year forecasts for 2012 are now aluminum, $2,085 a metric ton; copper, $8,100; lead, $2,055; nickel, $18,250; tin, $22,125; and zinc, $1,985.

Da müßte dann noch ein Push nach oben stattfinden um diese Average
zu erreichen.

[dosto]

Violence flares in Bolivian Glencore mine dispute

[dosto]

reality,reality,

und weg sind sie, zum Halben Preis, wie sich das manche vorstellten!


07:45AM

Extorre agrees to C$4.26-share bid by Yamana Gold ( XG XG AUY YRI ) by Robert Daniel

TEL AVIV (MarketWatch) -- Extorre Gold Mines Ltd., (xg) (ca:xg) the Vancouver miner with its flagship project in Argentina, agreed to be acquired for C$4.26 a share of cash and stock by Yamana Gold Inc., the companies said on Monday. Terms call for Yamana, (auy) (ca:yri) the Toronto gold producer, to pay C$3.50 cash and 0.0467 share for each share of Extorre. The deal price is a 68% premium to Extorre's closing price Friday at C$2.54 on the Toronto Stock Exchange. In a statement, Yamana said that it had been seeking "tuck-in acquisitions in mining-friendly and familiar jurisdictions that fit our other criteria, including opportunity for organic growth, accelerated path to development and production, and high return." The deal is conditioned on court and regulatory clearances and a vote of Extorre shareholders

[dosto]

Capstone Completes Minto Mine Phase VI Pre-Feasibility Study
Study extends mine life to 2022 with yearly average copper production of 40 million pounds
at an average cash cost of $1.92/lb of payable copper

Das wären dann 100 % mehr Produktion,
war auf Minto auch mehr als notwendig.
15.000 Unzen Gold
und 200.000 Unzen Silber gehen an SLW

[eyeworker]

Antwort auf Beitrag Nr.: 43.294.744 von dosto am 18.06.12 15:12:55

Hallo Max,

doch noch aktiv bei WO - ich hatte dich ja mal gebeten, dir die Thompson Creek mit ihrer im Bau befindlichen Gold-Copper-Mine Mt. Milligan anzusehen und eventuelle weitere cost overruns zu ermitteln bzw. die veranschlagten Kosten zu prüfen...

Wenn ich mir die Übernahme von Yamana Gold so ansehe, dann ist TCM (bei derzeit 30% des Buchwertes gehandelt) doch aktuell auch `relativ günstig` bewertet, ausser sie gehen beim Aufbau der neuen Mine am Ende in die Pleite - aktuell haben die allerdings noch ca. 130 Mio USD mehr in der Kasse als zur Zeit veranschlagt und das entspricht fast 50% der noch nicht fixierten Kosten. Bin gespannt, wie du die Sache siehst - gern auch im TCM-Thread...

LG, eye

[dosto]

HALIFAX, NS (MINEWEB) -

Louis Dreyfus Commodities Metals Suisse is suing Baja Mining (TSX: BAJ) in the Supreme Court of British Colombia alleging, among other things, Baja management withheld disclosure of cost overruns at its Boleo copper project in Mexico to help it win a shareholder vote in early April.

[dosto]

The Save Heaven

nur eine anderer Schuldenmarkt???

aber bestimmt funktioniert er nicht nach den Regeln des
Finanzmarktes. Denn Gold ist sicher.
Die Kredite auch, auch bei fallenden Kursen!!!!!!
Bestimmt gibt es seitens des Kreditgebers kein nachkobern und
bestimmt auch kein liquidieren.
















Mushrooming gold loan companies in India have opened up an avenue for households to unlock the value of their gold holdings as prices of the precious metal rise.
Author: Shivom Seth
Posted: Tuesday , 19 Jun 2012

MUMBAI (MINEWEB) -

Leading gold finance companies in India have decided to form a self-regulatory organisation that will frame a fair business practices code for the industry.

The Indian gold loan market is estimated at over Rs 3 trillion. Organised sector players such as banks and non banking finance companies command just over 25% of the market. According to research firm Crisil, organised sector lending against gold amounts to about $17.32 billion.

The need for self regulation comes in the wake of a decision by the Reserve Bank of India to crack down on the fast growth of the gold loan industry, especially that of the unorganised sector. The clampdown has severely eroded the margins of these companies and has curtailed growth.

Crisil has noted that business growth in gold loans is likely to fall from 80% per annum to 20% to 25% per annum, while return on assets is expected to fall from the current high level of 4.5% to between 2.5% and 3%.

At just 1.2% of the total gold stock in the country at present, most gold loan companies have already seen their volumes slide by over 5% to 15% following the regulator's new norms.

Some 32 million households in India have taken fresh loans against gold in the 12 months to May 2012. Gold loans amounted to $17.32 billion in the same 12-month period.

Traders estimate this figure could have been much higher if the regulator's norms had not come into play.

For some time now, gold loan companies in India have been under the regulatory scanner for alleged malpractices. In April, the regulator tightened norms on banks' exposure to this industry and also brought down the loan-to-value ratio.

While banks would typically not give more than 75% of the gold value as loan,


non bank finance companies' (NBFC) lending could go as high as 95% in case of high purity gold.

nunja, das Risko sein Gold zu verlieren könnte enrom groß sein bei 95% Beleihung-
oder nicht. Das sieht nach High Noon Mentalität aus.

Loans against gold ornaments are considered a last resort for many middle class consumers in India. But, exciting features such as easy disbursals, few limits on cash usage and immense flexibility have ensured that gold loans are very popular among people who require cash in a hurry.

The industry has seen a rapid growth, with gold loan focused NBFCs especially witnessing brisk business despite increases in interest rates.


The gold loan industry has varied interest rates, depending on the tenure and amount of loan.

It varies from 12% to 18% in the case of banks, while for NBFCs, it could reach 24%. The interest rates charged by the unorganised segment are much higher and can range from 30% to 50%.

Spearheaded by NBFC industry leader Muthoot Finance's managing director George Alexander Muthoot, the self-regulatory body is to include the biggest gold loan NBFCs like Muthoot Finance, Manappuram Finance and Muthoot Fincorp among others. These firms represent about 85% of the gold loans NBFCs in India.

Manappuram Finance, which has seen its loan book grow 200% in the last year, is expecting a slide this year.

The self-regulatory organisation will ensure that new companies that enter the gold loans business adopt the fair-trade practices set for gold loan companies and deal with norms such as charging annualised rates of interest, release of pledged gold, recovery of interest dues and procedures for auction of pledged gold on non-repayment of dues, among others.

Other NBFCs like Sriram Citi Union and Kosamattam Financiers are also set to join the body. The team has decided to come together and adopt fair-trade practices, and also to represent their case better with the apex bank.

"We feel that the Reserve Bank has not been comfortable with the fast growth of our industry, which led the regulator to tighten norms. By setting up a self-regulatory body, we want to send out a message to the regulator that we are complying with all its regulations,'' said George Muthoot of Muthoot Finance.

Stating that his company has seen its volumes slide by over 5% following the regulator's norms, Muthoot said this year, he was expecting tempered growth of 10% to 25%, but expects the pace to pick up steam by Q3.

The company has decided to curtail its expansion plans this year and will only add around 300 more branches to its current 3,700 branches across the country.

For FY 2012, the total volume of gold under Muthoot Finance's custody rose 22% to 137 tonnes from 112 tonnes.

Around 13% of Indian households have taken loans against gold in the last year, with a slightly greater prevalence in rural India. Some 60% of rural households choose the unorganised sector for taking gold loans. These loans are usually taken for funding farming activities in the case of rural households, with an average rate of interest on such loans in the 15% to 20% range. While banks are preferred by urban households, rural households in India resort to the local money lender or NBFC.

With 65% of the gold loan market in rural areas, everyone wants a piece of the action. Firms are developing strategies to target this segment effectively and provide better accessibility to borrowers.

The regulator has directed that gold loan NBFCs with half their assets in gold should have Tier-I capital of 12% by April 2014. Further, these companies cannot lend more than 60% of the value of gold jewellery. The regulator is worried that since these companies lend over 75% of the value of gold, a fall in prices could destabilise the system.

The central bank has also banned these companies from lending against bullion, primary gold and gold coins, leaving just jewellery.

The gold loan market in India is still under penetrated considering the abundant availability of gold as collateral within Indian private households and the existing size of the gold loan market (approximately 1.2% of the total gold stock). This, traders say, presents significant scope for growth of the gold loan market.


Haltet man halt fest,

daß der Wert von mindestens 17 Milliarden US Dollar, verliehen ist zu sage
und schreibe von Zinsen zwischen 12-24 %

Wooh, was für ein Markt zum absahnen.

[dosto]

Antwort auf Beitrag Nr.: 43.297.382 von eyeworker am 19.06.12 11:08:48

Sehe die Kupfersach nicht besonders gut.

Es rennen mir viel zu viele Nweue Minen und dazu nopch Alte-Erweiterungs-Minen
2013 in den Markt.
Es würde mich nicht wundern sollte dabei ein Supply-Problem entstehen.
Wie weit die Macht des Kupferkartells Produzenten-Händler in dem Markt
reicht ist für mich ungewiß.
Wer das weiß hat den entsprechenden Marktvorteil.
Der liegt aber nicht bei mir
sondern mit Sicherheit in der Schweiz
so in der Richtung Baar-Zug-Genf.

Darum unterlasse ich es einen Schweif hier abzugeben, da es nur persönlicher
Bullshit wäre, den es zu Massen bei W.O so oder so nicht gibt.
Von Zeiot zu Zeit werde ich den Kupfermarkt aufs Papier bringen, wenn ich
meine ich blicke gerade durch.
Ansonsten haben ich wenig Hoffnungsschimmer für TCM (ich kann wirklich nichts
dafür, es liegt nicht an meiner generellen Einstellung, es liegt allein an
der Company

Grüß dich zurück, wünsch dir Glück und anderes als TCM,
da ich dort die Chancen begvrenzt einschätze.

[dosto]

Zu cost overruns steht genau unter deiner Post ein Beitrag
von Baja.
complter Text Mineweb.com, dürfte dir was sagen.

Joffen wir das das nicht Schule macht.
Sonst gibts noch eine unbekannte Risiko-Schwelle dazu.
Mir reichen eigentlich die jetzigen Riskiken vollauf schon.

[dosto]

H


* Says wants prices above $65 per lb

LUSAKA, June 21 (Reuters) - Canada's Denison Mines will only start developing its planned uranium mine in Zambia when prices for the yellow metal rise to levels above $65 per lb, a senior company official said on Thursda

[dosto]

Der Horror vacui


Ein Gold ETF der seit Jahresbeginn
einen Verlust von

20 % einfährt.

The Safe Heaven is here


Market Vectors ETF Trust Market Vectors Gold Miners (ETF)
Delayed quote data
6/21/2012 04:00 PM
hide quote detailed quote options chain chart help
Last:
44.82
Change:
arrow -2.45
Open:
46.27
High:
46.38
Low:
44.80
Volume:
17,768,796
Percent Change:
-5.18%
Yield:
0.33%
P/E Ratio:
n/a
52 Week Range:
39.08 to 66.98

[dosto]

By: Natasha Odendaal
25th June 2012
TEXT SIZE
Text Smaller Disabled Text Bigger


JOHANNESBURG (miningweekly.com) – A nearby wildfire, triggered by lightening on Friday, disrupted two days of production at Toronto-listed Alexco Resource’s Bellekeno mill facility, in Yukon.

The company shut down its silver mine, mill and surface exploration operations on Friday evening and evacuated all nonfirefighting personnel to Alexco's main camp facilities 15 km away, in a precautionary move to ensure employee safety.

[dosto]

wie erwartet
der Tod auf Raten

Coeur d'Alene looking at options for Argentina mine
Mon Jun 25, 2012 10:57am GMT

Print | Single Page
[-] Text [+]

June 25 (Reuters) - Precious metals producer Coeur d'Alene Mines Corp said it would evaluate strategic options for a silver and gold mine in Argentina due to high operating costs, and will recognize a charge in the second quarter.

The charge "may result in future cash expenditures and may be significant to the company's quarterly and annual results," Coeur d'Alene said in a regulatory filing.

The Martha mine in Argentina's Santa Cruz province, which began operations in June 2002, produced 1.6 million ounces of silver or about 10 percent of the company's total silver output, and 1 percent of its total gold production in 2010.

The mine has a short remaining expected life, Coeur d'Alene said.

Coeur d'Alene said it will cut operating costs and process more above-ground stockpile material during the remainder of the year to maximize cash flows from the mine.

The mine's cash operating costs for gold soared to $13.16 per ounce in 2010 from $6.19 per ounce a year earlier. Total cash costs for silver were $14.14 in 2010, compared with $6.68 in 2009.

[dosto]

Vancouver, British Columbia – June 15, 2012 – Huldra Silver Inc. (TSX-V: HDA) ("Huldra" or the “Company"), is pleased to announce that it has priced, together with National Bank Financial Inc., the lead agent on behalf of a syndicate of agents, including BayFront Capital Partners and Pope & Company Limited (collectively, the "Agents"), its previously announced best efforts private placement. The Company will issue up to 2,777,777 common shares (each, a “Share”) at a price of $1.08 per Share for gross proceeds of up to $3,000,000 and up to 3,333,333 flow-through common shares (each, a "Flow-Through Share") at a price of $1.20 per Flow-Through Share for gross proceeds of up to $4,000,000, for aggregate gross proceeds of up to $7,000,000 (the "Offering").
In connection with the Offering, the Agents will receive a cash commission equal to 8.0% of the gross proceeds raised under the Offering and that number of non-transferable broker warrants (the "Broker Warrants") as is equal to 8.0% of the number of Shares and Flow-Through Shares sold. Each Broker Warrant will be exercisable into one common share of the Company at $1.08 per share, for a period of 24 months from the Closing Date (as defined herein).
The Company will also be undertaking a concurrent non-brokered private placement (the “Non-Brokered Financing”) of up to 1,250,000 flow-through common shares (each, a “Non-Brokered FT Share”) at a price of $1.20 per Non-Brokered FT Share for gross proceeds of up to $1,500,000.
The proceeds from the sale of the Offering and from the Non-Brokered Financing (together, the “Financings”) shall be used to advance the Treasure Mountain project towards production, for resource exploration, for debt repayment and for general working capital purposes. The gross proceeds received by the Company from the sale of the Flow-Through Shares and the Non-Brokered FT Shares will be used to incur eligible Canadian Exploration Expenses for purposes of the Income Tax Act (Canada) after the Closing Date and before January 1, 2013 and an amount equal to such gross proceeds will be renounced in favour of the holders with an effective date of no later than December 31, 2012.
Closing of the Offering is scheduled to occur on or about June 29, 2012 (the “Closing Date”). Closing of the Non-Brokered Financing is expected to occur prior to such date, as determined by the Company. All securities issued in the Financings will be subject to a statutory four month hold period. Completion of the Offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the TSX Venture Exchange.
None of the securities sold in connection with the Financings will be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Huldra Silver Inc.
Huldra is currently working on plans to put its Treasure Mountain Mine, located 3 hours east of Vancouver, BC, into development, subject to permitting and financing, utilizing a mill being constructed at the Company’s mill property outside of Merritt, BC. The Company currently employs more than 60 people between the two properties. The Company is also actively assessing other opportunities for acquisition and development.
On behalf of the Board of Directors

[dosto]

POLITICAL ECONOMY
Proposed constitutional amendment gives Guatemala's Govt. 40% stake in mining

The administration of Guatemala's new president is seeking both legal and constitutional changes for additional mining taxes, as well as a direct stake in mining and exploration companies.


Author: Dorothy Kosich
Posted: Thursday , 28 Jun 2012

RENO (MINEWEB) -

President Otto Perez Molina has introduced his proposal for reform of 55 articles of the Constitution of Guatemala including a proposal for the government to acquire up to 40% of companies which exploit natural resources in the country.

Guatemala's constitution currently states, "It is declared of public usefulness and necessity that there be technical and rational exploitation of hydrocarbons, minerals and other non-renewable resources. The state will establish and facilitate conditions for their expropriation, exploitation and marketing."

In a list of proposals published in the newspaper Prensa Libre on Tuesday, Perez Molina wants to amend Article 125 of Guatemala's constitution to add the following paragraphs:

"The state may be the owner of up to 40 percent ownership or equity of any company that exploits natural resources."

"A law on state involvement in the exploitation of natural resources will regulate what corresponds to the state for concessions for natural resources and, if applicable, what must be provided as capital."

"The state will have the right to acquire up to 40 percent of companies which exploit natural resources either existing ones or in the circumstance where capital is increased or if they decrease their participation."

Perez Molina was elected on a platform of reducing crime, increasing foreign investment, respecting the territorial rights of rural indigenous peoples, and moving forward with investigations of suspected perpetrators and human rights violations during Guatemala's 36-year civil year.

Guatemala's indigenous population is increasingly at odds with the government's approval of mining licenses for international companies and major mining projects which aboriginal peoples feel infringes upon indigenous land rights.

Advancing the nation's economic development while also respecting indigenous rights is considered to be a formidable challenge for the Perez Molina Administration.

When Perez Molina was elected to Guatemala's presidency, he indicated his support for restoring U.S. financial aid which was eliminated in 1978 during the county's civil war. Among the requirements to getting that financial aid is the reformation of a weak justice system, as well as securing the Guatemalan Military's support of international anti-corruption measures.

Perez Molina's other proposed constitutional amendments address political, electoral, legal and judicial reforms, local government reform, fiscal reform, and human rights reforms.

The amendments would also reduce the number of congressional representatives, and allow a civilian to become Minister of National Defense.

Last week Guatemala's Ministry of Energy and Mines proposed amendments to the country's Mining Act including changes to 30 articles and two other initiatives now being discussed in the country's Congress. Those changes include legislation to formalize the country's current system of voluntary royalty payments, increase royalties on mining companies, and establish a mining fund to distribute income from mining royalties to local governments, and requiring community consultation prior to the granting of a mining license,

Mining Minister Erick Archila Dehesa stressed the need to modernize laws dating back 15 years through a comprehensive analysis with the mining laws of other nations.

[dosto]

HOME > MINING > JUNIOR MINING
JUNIOR MINING
Mining investment gems to be found but no longer any room for error - Brent Cook

According to Exploration Insights president and CEO, Brent Cook , there is a lot of money to be made in junior mining but investors must be very selective because no one's left to bail you out in this market.



China continues to slow, Korea and Japan even more so. India looks to be hitting a wall, and Europe is in a slow-motion disaster. The copper price is declining as are iron ore and base metals in the world that, overall, seems to be deleveraging, with consumption declining. More succinctly, as my Uncle Coyote puts it, "They're all just swirling 'round the drain."

Would you share more about your general impressions of investing in mining stocks in this market?

Brent Cook: I don't typically guess bottoms or play with technical charts. I just look at what I've seen happen and make what is hopefully an educated guess as to what is coming. Over the past two years, in excess of $10 billion (B) has come into the junior resource sector via the Venture Exchange alone. During that time, we've seen more than 300 new companies listed and probably 3,000 financings.

Despite the mad rush of money into the sector, not much of it has actually produced returns as measured by the GDXJ, the junior miner index.

So what I see happening here as part of the global deleveraging is the people who jumped into the junior miners without looking are now jumping out without looking. They jumped into companies that had resources without digging deep enough to see that they have other issues that complicate the value of those resources. In my opinion, they were willingly led astray by banking analysts touting questionable resource estimates and economic assessments. A lot of money has been lost in the process, and until that works its way out of the system, I think it gets uglier.

TGR: Investors who have been burned are skittish about getting back into the fire.

BC: Indeed. If I were told some company's 8 million ounces (Moz) was going to be worth several billion dollars and then the stock falls by 75% when a prefeasibility study comes out showing it ain't, I would have to conclude that I had no idea what this industry was about nor do I have any business ever investing again. That said, there are certainly a few experienced funds in the industry that are still interested in investing and probably relishing the current disaster. eRetail money, which doesn't tend to be very selective, has been hit pretty hard, too, over the past year and a half. So I don't see where the new speculative money comes from.

In fact, I see a lot more money exiting than entering as the volatility and chaos being played out in the real world of investing drives people to stuff their remaining cash under the bed where it's safest. Over the rest of this year, I think we'll see a lot more junior companies go out of business,

hibernating or financing at prices highly dilutive to current shareholders. Junior companies with average or below average projects and management are in trouble and, keep this in mind, most projects are below average despite claims to the contrary.

TGR: In a lot of your presentations, you juxtapose the very dramatic visual of the Carlin Trend's enormous gold pits with the idea that we are mining the equivalent of the entire Carlin Trend's production to date every year. You do the same visual using the Bingham Canyon Mine's massive open pit for copper. Considering what you just said about investing sentiment on the one hand and the need to find more ounces and pounds to meet demand on the other hand, there must be opportunities for the astute investor.

BC: That's exactly right, and that's the second part of my presentation. I lay out the bad news, that a large percentage of these companies will go out of business because they don't have a chance in hell of finding anything of value and they can't finance.
On the flip side, major mining companies are producing 19 million tons/year copper and 83 Moz/year gold. In order for a mining company to stay in business, it obviously needs to replace what it mined with new reserves. Fortunately for us, it can't do this internally and will need to buy whoever finds the reserves it needs. It's very, very difficult for them to replace that much, and it's getting even more difficult for a lot of reasons I go into detail about in my letter. For that reason, legitimate profitable deposits are going to command a serious premium, and people who own stocks in those early-stage exploration companies that pull it off will make a lot of money. But there's no room at all for error because as suggested earlier, the dumb money has all gone to money heaven and I think it unlikely anyone will bail out mistakes in judgment.

TGR: So investors who want the cream of the crop in terms of mining assets need clarity as to what those assets are. You've talked about having to replace the equivalent production of a Carlin Trend every year to satisfy demand for gold. That's a mind-boggling amount for anyone who knows how big the Carlin Trend is. Where are some of the areas the seniors expect to find so much gold to replenish their reserves?

BC: Their first choice is to find a deposit near where they have operations, be that in Nevada, Peru, Brazil-somewhere they're comfortable. Quinton Hennigh, a geologist who works with me, went into a lot of detail on this in the June 10 Exploration Insights and again in an interview with The Gold Report published June 18.

Companies are obviously looking for deposits that are profitable. A major mining company that looks at a junior's project doesn't just use the third-party resource estimates and preliminary economic assessments (PEAs).

The majors do the detail work themselves. You'd be surprised how much their evaluations of a property differ from a third party's prepared for the seller.

TGR: Are you saying that most juniors' PEAs are useless to seniors that are seriously doing due diligence on a junior company?

BC: No, certainly not most, but a lot are not to the level a mining company needs to make a major investment decision. I've seen too many studies that didn't quite match reality in costs, and particularly in resource estimates. I

n my view, too much sloppy work has been going on in terms of resource estimates


. We also typically lose a lot of ounces of gold and pounds of copper when converting a resource to an actual mineable reserve.

My point is that majors do their own due diligence and their analyses often come up with far less of a resource and valuation than the PEA would suggest.

Think about all the companies that have announced massive resources out there, and then think about the fact that we're hardly seeing any acquisitions. That tells us they're looking at a lot more detail than the junior companies do and coming away unconvinced.

It's not that the seniors aren't hunting. As I say, they have to replace 83 Moz/year of gold production. That's not an easy task at any gold price.

TGR: Does the slow rate of mergers and acquisitions also indicate that the majors are nervous about deploying their cash? Or that they're just being more diligent?

BC: I think the latter. They go through a lot of detail. They have to weigh in the risk as well. As I mentioned, they're looking for something close to where they're operating, in a stable environment, something that doesn't have a huge capital expenditure with a low margin-that's one of the big issues right now. Then political jurisdiction, social issues and the increasing government take all enter into the decision.

TGR: Quinton outlined that-location, location, location-very clearly in Exploration Insights. He also talked about metallurgy and the importance of having accurate testing and assessment of what projects really will produce, and whether there's potential for higher production as time goes by. In terms of minimizing risk, he pointed out, too, that majors look at the state of the junior's infrastructure. Has it put in roads and power lines? Has it developed relationships with the locals that are positive and encouraging?

BC: They need people, too. There is a real shortage of qualified people in the mining industry. So when they look at a project or a company to acquire, they look to see if they can get some good people with it. A friend of mine running a midsized Australian gold company recently told me of losing six months of production when two key underground miners were poached to work at the iron ore mines. So people are a key consideration to mining companies these days.

When a major looks at a junior, if the company has the groundwork in place, the environmental studies out of the way, the social issues settled and the people on board who build schools, put up hospitals, support soccer teams, those sorts of things-if the dirty work, as Quinton calls it, has been taken care of ahead of time, it's much easier for a major to acquire that company.

TGR: Do you have any parting thoughts you'd like to add about investing in the market now, beyond the obvious need to be very, very careful in choosing the companies we invest in?

BC: I think we're approaching an excellent time to be investing in this sector. It's down. People hate it. But there are some real gems out there. By identifying those companies or projects that really offer the potential to turn into a major discovery, something that a mining company will want to buy and put into production, I think a lot of money will be made on investments people make over the next six months.


But as I pointed out, you must be very selective because no one's left to bail you out and you have no room for error.

Due diligence is key. Talk to the people. Read the reports. Get outside advice from someone who knows what they are talking about. It's really important. After all, it's your money, do everything you can to improve the odds of success.

TGR: Thank you, Brent.

[Fresh from the Cambridge World Resource Investment Conference in Vancouver-where Brent Cook gave a "Turning Rocks into Money" presentation that provided tips and tricks for navigating today's turbulent stock market, served on an exploration panel with Eric Coffin, Thom Calandra and Jay Taylor, and conducted a workshop to answer investor questions about junior mining companies-Cook suggests that Cambridge Conferences give investors access to resources that can help immensely in doing their homework. In Exploration Insights, he points out that these conferences "are free to the public and always a good place to get a 'feel' for market sentiment as well as to visit many companies in a short period of time."-Editor]

[dosto]

Midas Gold

gab seine Resourcen bekannt.

Der markt jubelt nicht,
die Aktie abgestraft.

7 Millionen Unzen Gold (unbewiesen) indecated - inferred

sind kein Maßstab der Ernst genommen wird.

weiterarbeiten.

[dosto]

2012 SECOND QUARTER HIGHLIGHTS

Silver produced increased by 8% to 1,917,248 ounces compared to 1,780,379 ounces in Q2 2011
Increased silver equivalent production by 14% to 2,102,222 ounces compared to Q2 2011
Revenue of $54.8 million, a 19% decrease from Q2 2011 while average silver prices fell by 27%
Mine Operating Earnings totaling $31.1 million
Cash Flow per Share (non-GAAP) of $0.29, a decrease of 35% from Q2 2011
Basic Earnings per Share amounted to $0.14, representing a 51% decrease from Q2 2011
Adjusted Earnings per Share (non-GAAP) amounted to $0.19 after removing legal fees for the First Silver trial, the acquisition costs for the Silvermex Resources Inc. and losses from silver futures and marketable securities
Total Production Cost per Tonne decreased to $26.97, a 10% reduction compared to Q2 2011
Total Cash Cost was $8.83 per ounce, up only 6% compared to Q2 2011
Cash and Cash Equivalents at June 30, 2012 totalled $70.9 million and Working Capital of $94.6 million
In addition to cash, First Majestic was carrying 574,000 PSLV (Sprott Physical Silver Trust) units at quarter end with an approximate market value of $6.65 million and 100 Silver Futures contracts representing 500,000 ounces of silver valued at $1.7 million including the unrealized gain and the margin requirement. The Company is currently holding 150 contracts representing 750,000 ounces of silver at an average cost basis of $27.277.


Yep,


ein klarer Highlight ,

15 Mill Gewinn (allerdings vor Capex, diese liegt bei 48,7 Mill.)

lächerlich, schlichtweg lächerlich, bei der allgemeinen Propaganda Show
den der FM Club noch abzieht.

Nunja ein Silberpreis zwischen 25 und 26 Dollar wird die Company dann total auf
den Boden zurückbringen.
Über 35 dürfen sie dann wieder posaunen.
Ansonsten sind sie eh die Gehetzten die ihre Produktion bringen müssen
um jeden Preis. Viel Spaß bei der weiterhin gehenden Aufholjagd.
Vielleicht klappts ja nächstes Quartal.

[dosto]

Gestrige LOWS an der TSE

Symbol Name Exch Sector Industry Open High Low Close Volume
AKL.TO LAB Intl Inc. TSE Health Care 0.055 0.065 0.055 0.065 91000
AUQ.TO AuRico Gold Inc. TSE Materials 6.200 6.280 6.200 6.220 34830
AVF.TO Avenex Energy Corp. TSE Energy 2.710 2.720 2.700 2.710 27890
CNE.TO Canacol Energy Ltd. TSE Energy 0.430 0.430 0.420 0.420 16150
CRJ.TO Claude Resources, Inc. TSE Materials 0.570 0.580 0.570 0.570 20700
CXX.TO Crosshair Exploration & Mining Corp. TSE Materials 0.165 0.165 0.165 0.165 19300
FNI.TO First Nickel Inc. TSE Materials 0.070 0.070 0.060 0.065 947050
GBG.TO Great Basin Gold Ltd. TSE Materials 0.250 0.255 0.220 0.230 904657
KAT.TO Katanga Mining Limited TSE Materials 0.450 0.455 0.440 0.440 69414
LBE.TO Liberty Mines, Inc. TSE Materials 0.040 0.040 0.040 0.040 18000
LVN.TO Levon Resources Ltd. TSE Materials 0.325 0.330 0.325 0.330 134125
ME.TO Moneta Porcupine Mines, Inc. TSE Materials 0.150 0.155 0.125 0.150 317800
ML.TO Mercator Minerals Ltd. TSE Materials 0.500 0.500 0.490 0.490 80700
PGD.TO Peregrine Diamonds Ltd. TSE Materials 0.320 0.320 0.320 0.320 6100
PTM.TO Platinum Group Metals Ltd. TSE Materials 0.780 0.780 0.740 0.750 147249
TCM.TO Thompson Creek Metals Co., Inc. TSE Materials 2.280 2.290 2.260 2.290 18741
TT.TO Terra Energy Corp. TSE Energy 0.290 0.290 0.290 0.290 1700

[dosto]

Südafrika Mehr als 30 Tote bei Gewalt in Platinmine

17.08.2012 · Der Konflikt zwischen streikenden Bergleuten im südafrikanischen Rustenberg und der Polizei ist eskaliert. Die Polizei tötete 30 Arbeiter. Sie habe in „legitimer Selbstverteidigung“ gehandelt, erklärt Minister Mthethwa.


Lonmin ist der Betreiber der Mine

[dosto]

MANILA Aug 23 (Reuters) - A unit of global miner Xstrata Plc warned on Thursday it may delay the start of production at its $5.9-billion Tampakan copper-gold project in the southern Philippines as a result of regulatory and security concerns.

Until now, Sagittarius Mines has said it was confident it would be able to start production in 2016, despite being denied permission to start building the mine, which is believed to contain one of the world's biggest copper-gold deposits.

The firm had wanted to obtain environmental clearance early this year but the government refused, meaning mine construction -- expected to take 2-3 years -- is unlikely to start in 2013 as planned.

[dosto]

Der nächste bitte.

Und wer folgt darauf?

Peru suspends Newmont's Minas Conga copper-gold project

With the suspension and likely cancellation of the Minas Conga project, Newmont is about to lose its goal of achieving 7 million ounces of annual gold production by 2017.

[dosto]

Schmutziges GeschäftMillionen der Multis für Despoten kommen ans Licht
24.08.2012, 11:15 Uhr

Die US-Börsenaufsicht hat entschieden: Öl-, Gas- und Bergbaufirmen müssen ihre Zahlungen an Regierungen aufdecken. Entwicklungshelfer feiern das als Sieg gegen Korruption. Die Konzern-Bosse fürchten dagegen ums Geschäft.

New YorkEs war ein eindringlicher Appell, den der ehemalige libysche Ölarbeiter Najwa al-Beshti an eine Schar Beamte in Washington richtete. Er beschrieb in einem Gastbeitrag für die „New York Times“, wie er zu Zeiten des Regimes von Muammar al-Gaddafi hautnah miterlebte, dass sich die Mächtigen schamlos an den Ölmillionen bedienten, die eigentlich dem Volk gehörten. Als er den Mund aufgemacht habe, sei er mit dem Tode bedroht worden.

Der Kern: Unternehmen müssen in ihrem Geschäftsbericht künftig alle Zahlungen an staatliche Stellen veröffentlichen, sofern diese über 100.000 Dollar hinausgehen. Das gilt etwa für den Kauf von Förderrechten auf Öl- oder Gasfeldern oder von Abbaurechten bei Metallen und Mineralien. Die Idee dahinter: Wenn die Zahlungen bekannt sind, kann das Geld nicht mehr so einfach in den Regierungsapparaten etwa der rohstoffreichen afrikanischen Staaten versickern.

„Für alle, die denken, dass Korruption genauso ein Killer ist wie Aids, Tuberkulose und Malaria, ist das hier wirklich groß“, sagte Bono, Sänger der Rockband U2 und Mitgründer der Organisation One, die sich die Bekämpfung von Armut, Hungersnöten und Krankheiten auf die Fahnen geschrieben hat. „Transparenz ist die beste Impfung gegen Korruption“, erklärte Bono.


Den betroffenen Konzernen dagegen schmecken die neuen Vorschriften überhaupt nicht. „US-Unternehmen könnten Geschäfte verlieren, Jobs in den USA mögen gar nicht erst entstehen, und der Regierung könnten Steuern entgehen“, warnte John Felmy, der Chefökonom des American Petroleum Institute.

Dem Lobbyverband der Öl- und Gasindustrie gehören die großen Namen der Branche an, von ExxonMobil bis Chevron. Die Sorge der Multis ist einfach: Ausländische Konkurrenten erhalten ihrer Meinung nach zu tiefe Einblicke in Firmeninterna und nutzen das Wissen dann beim Kampf um Aufträge.

In der Tat ist es ein Spiel mit ungleichen Spielregeln: Staatsfirmen etwa aus dem arabischen Raum legen oft gar keine Geschäftsberichte vor. In Europa wiederum sind Bemühungen um eine höhere Transparenz ins Stocken geraten.

Dafür machen die Initiative One sowie die Anti-Korruptionsorganisation Transparency International vor allem die Bundesregierung verantwortlich, der sie eine Blockadehaltung vorwerfen. Berlin und die deutsche Wirtschaft warnen vor weitergehenden europäischen Vorgaben sowie Wettbewerbsnachteilen.

„Eine verantwortungsbewusste Politik sollte dazu beitragen, dass die großen Rohstoffreichtümer Afrikas tatsächlich das Leben seiner Bevölkerung verbessern“, erklärte Sergius Seebohm von der Kampagne One in Deutschland. Im federführenden Justizministerium sowie beim Industrieverband BDI hieß es am Donnerstag, die SEC-Bestimmungen würden zunächst geprüft.



Dass der „Abschnitt 1504“ in den USA nach zweijährigem Ringen durchgegangen ist, grenzt fast an ein Wunder. Der Dodd-Frank Act ist eigentlich das Gesetzespaket, dass die Banken nach den Erfahrungen der Finanzkrise zügeln soll. Den beiden Senatoren Ben Cardin und Richard Lugar war es aber gelungen, den Zusatzparagraphen „hineinzuschmuggeln“. Die neuen Regeln gelten ab Herbst 2013. Den ehemaligen libyschen Ölarbeiter Najwa al-Beshti wird es freuen.

Das Handelblatt läßt grüßen

[dosto]

und weiter gehts
Druck auf Nationalisierung auf vielen Ebenen.

Hier die Mongolei, dort Indonesien, weitere folgen,
wann verlangt Mexico Royalities?

Mongolia mines minister seeks bigger Oyu Tolgoi stake - report

The new Mongolian mining minister says he hopes the government will implement "Resolution 57" passed by parliament, which states that it should acquire 50% of the Oyu Tolgoi project.



ULAN BATOR (Reuters) -

Mongolia should seek to raise its stake in the giant Oyu Tolgoi copper and gold project, the country's new mining minister said, adding weight to concerns among foreign investors about rising resource nationalism following a June election.

That election resulted in the formation of a coalition government, during whose administration the major risk for mining firms -- the engines of economic growth in Mongolia -- will be the influence of lawmakers who want Mongolia to have greater control of its resources.

Davajav Ganhuyag, speaking to the Odriin Sonin (Daily News) newspaper on Thursday, said he hoped his government would implement "Resolution 57" passed by parliament, which states that Mongolia should acquire 50 percent of Oyu Tolgoi once the principal investors -- Rio Tinto and Turquoise Hill Resources -- have recouped their start-up investment.

Ganhuyag was not available to comment when contacted by Reuters, but his office confirmed the accuracy of the newspaper report.

Oyu Tolgoi, located 80 km north of Mongolia's Chinese border, is expected to become one of the world's three largest copper and gold mines when it reaches full production in 2018. The mine is expected to begin commercial production in the first half of 2013.

The deposit contains an estimated 41 billion pounds of copper and 21 million ounces of gold. It is anticipated that revenue from the mine could boost Mongolia's GDP by one third.

By the end of the first quarter of 2012, total capital invested in Oyu Tolgoi stood at approximately $4.6 billion, according to Ivanhoe Mines, which is now known as Turquoise Hill.

According to the 2009 Investment Agreement the government can increase its current stake of 34 percent to 50 percent only after an initial period of 30 years of commercial production.

"The 57th Resolution of Parliament related to the Oyu Tolgoi agreement is a law of Mongolia but its implementation is weak," Ganhuyag told the newspaper.

Analysts said a move to increase the government's stake in the project could be viewed favourably by the country's lawmakers.

"We believe there is a likelihood that a number of MPs from all parties could be sympathetic to this position," Ulan Bator-based private equity firm Origo Partners said in a note to investors.

"As a result there is risk of a further attempt by these MPs and possibly the government to renegotiate (the) Oyu Tolgoi investment agreement."

In 2011, Ganhuyag was one of several lawmakers to sign a letter urging Rio Tinto and Turquoise Hills Resources -- then known as Ivanhoe Mines -- to renegotiate the 2009 agreement. Ivanhoe refused the request and said it expected all parties to honour the existing deal.

[dosto]

NEWS RELEASE
AURCANA CORPORATION
Aurcana Corporation Announces Updated Resource Estimate for La
Negra Mine
Vancouver, BC, August 28th 2012) – Aurcana Corporation (TSX VENTURE:AUN, OTCQX: AUNFF)
(the "Company" or "Aurcana") is pleased to announce an updated resource estimate for La Negra Mine,
the Company’s silver, zinc, lead, and copper mining operation in the State of Queretaro, Mexico.
Behre Dolbear and Company (USA) ("BEHRE DOLBEAR"), an independent mining consulting firm, has
recently prepared a new Mineral Resource estimate at the Company’s La Negra mine in accordance with
the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM"), CIM Standards. The Estimate is
based on 16,422 diamond drill holes, 22,289 channel samples collected by Minera La Negra S.A. de C.V.
(a subsidiary of Aurcana Corp.) during the period 2006 – February 2012, and by Industriales Peñoles S.A.
de C.V. from 1967 to 2000. A summary of the new mineral resource estimate is tabulated below:
MEASURED AND INDICATED RESOURCES FOR ALL DEPOSITS AND ALL BLOCKS WITH A
MINIMUM RECOVERED VALUE OF US$40 AS OF FEBRUARY 29, 2012
Classification Tonnes Average
Silver (g/t) Copper (%) Lead (%) Zinc (%)
Measured 11,862,000 133.42 0.50 0.90 2.60
Indicated 15,159,000 130.12 0.41 0.92 2.19
Measured
plus
Indicated
27,021,000
131.31
0.49
0.91
2.36
Classification In Situ Metal Quantities Average
Recovered
Value ($/t) 2
Silver (oz) 1 Copper (lb) 1 Lead (lb) 1 Zinc (lb) 1
Measured 50,070,000 130,834,000 228,825,000 673,603,000 180.06
Indicated 65,026,000 138,695,000 310,673,000 745,060,000 166.63
Measured
plus
Indicated
115,096,000
269,529,000
539,498,000
1,418,664,000
172.53
(1) Ounces and pounds of in situ metal are calculated using only resource blocks with a recovered
value of US$40 or greater.
(2) Metal prices and recoveries used for the average recovered value estimate are calculated using a
trailing 12-quarter average spot price and actual recoveries as documented in the company’s


NSR reports from January through May 2012 as follows: Silver – $28.29/84.87%; Copper –
$3.33/81.02%; Lead – $0.88/74.62%; Zinc – $0.84/70.66%.


INFERRED RESOURCES FOR ALL DEPOSITS AND ALL BLOCKS
WITH A MINIMUM RECOVERED VALUE OF US$40 PER TONNE
Classification Tonnes Average
(000) Silver (g/t) Copper (%) Lead (%) Zinc (%)
Inferred 50 39.09 0.47 0.12 1.68
1Metal prices and recoveries used are as follows: Silver – $28.29/84.87%; Copper –
$3.33/81.02%; Lead – $0.88/74.62%; Zinc – $0.84/70.66%.
Mr Lenic Rodriguez, President & CEO stated: “I am very pleased with the results of the NI 43-101
compliant resource estimate that shows a 50 fold increase from the prior Measured and Indicated
resource estimate of 2.3 million ounces of silver to the current estimate of over 115 million
ounces of silver, plus significant base metals, which confirms an extended life of mine at La
Negra. We have already started the certification of the new discoveries on the North West trend
where the silver grades are higher and which we expect to report to the public in the near future.
La Negra continues mining primarily from new discoveries.”
Notes:
i. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
There is no certainty that all or any part of the estimated Mineral Resources will be converted into
Mineral Reserves. The estimate of Mineral Resources may be materially affected by
environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues
ii. The Mineral Resource was estimated in accordance with the Canadian Institute of Mining,
Metallurgy and Petroleum ("CIM"), CIM Standards on Mineral Resources and Reserves,
Definitions and Guidelines prepared by the Standards Committee on Reserve Definitions and
adopted by the CIM Council on November 27, 2010.
Qualified Persons & Technical Report
The Mineral Resource estimate announced in this release, has an effective date of August 27, 2012
meets the guidelines as set out in NI 43-101 and was prepared for Aurcana Corporation by Behre
Dolbear. The assignment was undertaken by Baltazar Solano-Rico, M.Sc., Geol. Eng. and Mrs. Betty
Gibbs, E.M., MSc. both of them qualified persons (“QP”) as defined under National Instrument NI 43-101
Standards of Disclosure for Mineral Projects.
Mr. Solano-Rico has consented to applicable disclosure contained herein regarding the Mineral Resource
estimate. Mr. Solano-Rico is independent of Aurcana Corporation and its subsidiary companies.
Behre-Dolbear is currently preparing the NI43-101 Technical Report in support of the Mineral Resource
estimate. This report will be filed by the company in its entirety on SEDAR (www.sedar.com) within 45
days of the date of this news release.
The Behre Dolbear Mineral Resource estimate reported here is the initial Mineral Resource estimate for
the entire La Negra Mine operation. Aurcana has previously commissioned, as recently as Q1, 2010,
mineral reserve and resource estimates for individual zones at the La Negra Mine; however, this updated
disclosure consolidates and demonstrates the scope and potential that exists for the entire La Negra
Mine.
Aurcana’s La Negra Mine
The La Negra mine was discovered and developed by Industriales Peñoles S.A. de C.V. The mine
commenced production in 1970 and produced until the mine was put on care and maintenance in 2000.
During this period Peñoles mined approximately 6,600,000 tonnes of ore producing 36 million ounces of
silver, 323 million pounds of zinc, 70 million pounds of copper, and 161 million pounds of lead.
In 2006 a joint venture between Aurcana Corporation (80%) and Reyna Mining & Engineering S.A. de
C.V. (20%) acquired the property from Peñoles and placed it into production June, 2007 at a rate of 1,500
tonnes per day. In 2011 Aurcana increased its interest to 99.86%.
La Negra is currently mining, or has defined resources in 13 separate zones that occur along the
boundary between a skarn and limestone. The skarn, which varies in width from 10 to 300 metres (m),
developed along the contact with a Tertiary diorite intrusion into Upper Jurassic to Lower Cretaceous
limestone. Ore minerals in this deposit include sphalerite, galena, chalcopyrite, arsenopyrite, pyrrhotite,
pyrite, hessite, and native silver.
The operation at La Negra has expanded significantly since 2007 with the addition of a lead concentrator
and increased milling capacity to 2,200 tpd, In Q2, 2012 silver production was 373,037 ounces of silver,
a 44.9% increase over Q2 2011.
La Negra mine is now milling at a rate greater than 2,200 tpd. The mill upgrade expansion to 2500 tpd is
currently in progress and will be completed well before the original expansion date of 2013, with minimal
capital expenditures.
The technical information contained in this news release has been reviewed by Nils Von Fersen, P.Geo,
the Vice President of Exploration of the Company. Mr. Von Fersen is Qualified Persons ("QP") as defined
by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
About Aurcana Corporation
Aurcana is a silver-focused mining and mineral exploration company with a producing operation at the La
Negra Mine in Queretaro State, Mexico and the Shafter Mine in Presidio County, Texas, currently in the
final phases of achieving commercial production. Aurcana controls 100% of the Shafter operation and
99.86% of La Negra. The common shares of Aurcana trade on the TSX Venture Exchange under the
symbol AUN.
Aurcana is well-capitalized, with approximately $ 15 million in its treasury at August 27th, 2012. Aurcana’s
issued and outstanding share capital totals 453,957,543 common shares.
Cautionary Statement Regarding Forward-Looking Information
This press release contains 'forward-looking information' within the meaning of applicable Canadian
securities legislation. Generally, forward-looking information can be identified by the use of forwardlooking
terminology such as "anticipate", "believe", "plan", "expect", "intend", "estimate", "forecast",
"project", "budget", "schedule", "may", "will", "could", "might", "should" or variations of such words or
similar words or expressions. Forward-looking information is based on reasonable assumptions that have
been made by the Company as at the date of the information and is subject to known and unknown risks,
uncertainties, and other factors that may cause actual results or events to differ materially from those
anticipated in the forward-looking information.
Forward looking information in this news release includes information with respect to the La Negra
mineral resource estimate and its potential expansion and upgrade to a higher level of confidence, the
timing and location of future work programs, the results and interpretation of studies and exploration
activities, the nature of the mineralization of the project, and the possibility that the resources reported
herein will prove to be economic.
Although the Company has attempted to identify important factors that could cause actual results to differ
materially from those contained in forward-looking information, there may be factors that cause results to
be other than as anticipated, estimated or intended. There can be no assurance that the forward looking
information will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking
information contained herein, except in accordance with applicable securities laws.
For further information, visit the website at www.aurcana.com or contact:
Aurcana Corporation
Phone: [phone]
Toll Free: [phone]
Fax: [phone]
Gary Lindsey, Corporate Relations
Phone: [phone]
Email: [e-mail]
NR-12-13

Es wird immer verrückter Resourcenrechnungen nahe den Spotpreisen.
Wohin soll das führen?

[dosto]

Schon FM unterlegt der Toro Mine

Silber 25
Blei O,90
Zink o,90

[dosto]

31 Aug 2012 Last updated at 03:05:20 GMT
Turkey's Gold exports to Iran rise sharply in Q2: TurkStat

Tags : Gold Prices, Gold Output, Gold Demand, Gold News, Gold Sales,

inShare

Scrap Price Services
North American Scrap Prices
China Scrap Prices
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European Scrap Prices

ANKARA (Scrap Monster): Turkey gold exports to Iran continued to rise in the second quarter of this year mainly due to billions of dollars in gold bullion were bought by Iranians, said Turkish Statistics Institution (TurkStat) on Thursday.

According to TurkStat, Iranians purchased $4.8 billion worth gold in the second quarter of this year, up from roughly $1 billion in the first quarter of the year. The rise was sharpest in bulk gold, as $3.2 billion in bullion accounted for the majority of exports.

The rise marks the continuation of a buying spree that saw sales in the first half of 2012 grow more than eightfold over the first half of 2011 and comes as Iranians seek a safe haven in gold against months of sanctions-induced currency devaluation.

“The rise comes amid historic highs for gold prices, providing Turkish sellers with heavy returns for trading gold. Turkey remains an open door between world markets and Iran, which is battling international sanctions over its supposed development of nuclear weapons. The traders will be eager to keep that intermediary status. We're going to work to keep this door open. Let them buy from us tomorrow as well. … For us, there's no downside,” said Hamid Kian, head of Turkish Iranian Industrialist Association (TISIAD)

[dosto]

30 Aug 2012 Last updated at 07:40:40 GMT
Turkey Steel exports to EU decline 43.2% y-o-y in Jan-July: TUIK



ANKARA (Scrap Monster): Turkey's steel product exports to the European Union in the first half of 2012 declined by 43.2% year-on-year to 1.35 million metric tons (mt), as per the latest data provided by the Turkish Statistical Institute (TUIK).

The region was one of Turkey's major export markets in the first half of 2011, accounting for 23.8% of its total steel product exports in this period.

In January-June 2011, steel product exports from Turkey to the EU had increased by 117.6% year-on-year.

In the first half of this year, Turkey's steel product exports to Italy amounted to 217,665 mt, down 75% year-on-year.

In the given period, Turkey's steel exports to the EU included 59,080 mt of steel section, 36,694 mt of rebar, 33,385 mt of wire rod, 24,347 mt of steel billet and 2,221 mt of steel pipes.

[dosto]

Donnerstag, 06.09.2012





FTD.de » Finanzen » Alternative Anlagen » Der polnische Madoff
0 Bewertungen
Empfehlen:
Merken Drucken 06.09.2012, 16:29 Schriftgröße: AAA


Amber-Gold-Skandal: Der polnische Madoff
Deutschlands östlicher Nachbar hat mit Marcin Plichta einen eigenen Bernard Madoff. In der Posse um Amber Gold geht es um Korruption, Vetternwirtschaft und Staatsversagen - und illustre Namen wie Donald Tusk und Lech Walesa. von Frank Bremser Frankfurt


Viele Polen glaubten, das große Los gezogen zu haben. Auf riesigen Plakaten versprach die Danziger Firma Amber Gold mit Goldinvestments bis zu 16 Prozent Gewinn pro Jahr. Doch dann der Schock: Seit Mitte August ist Amber Gold insolvent. Der 28-jährige Gründer Marcin Plichta soll ein Pyramidensystem betrieben haben, ähnlich wie US-Investor Bernard Madoff. Neues Geld wurde dazu verwendet, alte Forderungen zu bedienen - und wohl auch, um die Taschen der Gründer zu füllen. Die Zahl der Geprellten wird auf mindestens 3000, der Schaden auf 200 Mio. Zloty (48 Mio. Euro) geschätzt. Plichta sitzt in Untersuchungshaft, die Staatsanwaltschaft wirft ihm Betrug und andere Finanzstraftaten vor. Ihm drohen bis zu 15 Jahre Gefängnis.
Der Fall bringt alles mit, um ein ganzes Land in Atem zu halten: ein schillerndes Unternehmen, prominente Namen, Korruption, Vetternwirtschaft, Staatsversagen, Tausende Geschädigte - und all das im Sommerloch. Da ist der Gründer Plichta: Zwischen 2005 und 2010 wurde er neunmal wegen diverser Finanzdelikte verurteilt, sechsmal davon zu Haftstrafen - aber jedes Mal nur zur Bewährung. Für polnische Zeitungen Anlass genug, Korruption zu wittern. Gegen die jeweils zuständigen Staatsanwälte laufen Disziplinarverfahren. Angesichts dieser Vorstrafen hätte Pflichta niemals Unternehmensvorstand werden und Goldgeschäfte betreiben dürfen. Doch die zuständige Behörde überprüfte sein Vorleben nicht.


Für die Danziger Staatsanwaltschaft sind die neun Plichta-Urteile nicht das einzige Problem. Die Finanzaufsicht KNF warnte bereits 2009 vor Amber Gold und forderte die Strafverfolger zum Ermitteln auf. Der KNF selbst fehlen die entsprechende Vollmacht und auch die Möglichkeit, Unternehmen zu schließen. Die Staatsanwaltschaft sah aber keinen Grund dafür und wies alle Anträge zurück. Letztlich zwang ein Berufungsgericht die Behörde zu Ermittlungen, die sie dann ebenfalls einschlafen ließ. Auch das Finanzministerium und das Verbraucherschutzministerium stehen in der Kritik, weil sie nicht früher gegen Amber vorgegangen sind.
Als wäre das nicht genug, hat der Fall noch eine politische Dimension: Mittendrin steckt Michal Tusk, der Sohn von Ministerpräsident Donald Tusk. Der Journalist arbeitete zeitweise für die Amber-Gold-Tochter OLT Express, eine Billigfluglinie, die jüngst Pleite ging. Zugleich hatte er einen Job beim staatlichen Flughafen Danzig, dessen Kunde OLT war. Donald Tusks Problem: Der Premier hatte seinen Sohn vor dem Engagement bei OLT gewarnt, womöglich aufgrund von Geheimdienstinformationen über die dubiosen Hintergründe der Amber-Gold-Connection. Jetzt fragt die Opposition: Warum warnte Tusk seinen Sohn, nicht aber alle anderen Polen? Und wie kam Michal überhaupt an die Jobs?

#



Da fehlt eigentlich nur noch einer: Friedensnobelpreisträger Lech Walesa. Über ihn drehte der Oscar-prämierte Regisseur Andrzej Wajda einen Film - mitfinanziert von Amber Gold. Walesa betont, er habe nicht mit der Firma zu tun. Er verwahre sich dagegen, dass sein Name beschmutzt werde.
Auf der Internetseite des Unternehmens, die inzwischen aus dem Netz genommen worden ist, hieß es bis zuletzt, alle Kunden würden ihr eingesetztes Kapital inklusive Zinsen zurückerhalten. Doch das ist mehr als zweifelhaft: Der polnische Geheimdienst ABW stellte bei Amber lediglich 57 Kilo Gold, 1 Kilo Platin und 1 Kilo Silber sicher. Alle anderen von Amber Gold offiziell angegebenen Vermögenswerte sind verschwunden.

FTD.de, 16:09
© 2012 Financial Times Deutschland,















#

[dosto]

Künftiger mexikanischer Präsident auf Fotos mit einem mutmaßlichen Narco
Andreas Knobloch 16.08.2012
Opposition will das Wahlergebnis weiter nicht anerkennen, die Gewalt in Mexiko hält unvermindert an

Auf seiner Facebook-Seite lächelt Rafael Humberto Celaya Valenzuela auf zwei Fotos gemeinsam mit dem wohl kommenden Präsidenten Mexikos, Enrique Peña Nieto von der Partei der Institutionalisierten Revolution (PRI), in die Kamera. Blöd nur, dass Celaya, von Beruf Anwalt, Ende vergangener Woche zusammen mit drei weiteren Personen, darunter einem mutmaßlichen Cousin des Drogenbosses Joaquín "El Chapo" Guzmán, in Madrid von der spanischen Polizei festgenommen wurde. Sie sollen vorgehabt haben, für Guzmáns Sinaloa-Kartell eine Operationsbasis in Spanien zu aufzubauen, so der Vorwurf.

drucken
versenden

Laut der mexikanischen Zeitschrift Proceso war der aus dem nordmexikanischen Bundesstaat Sonora stammende Celaya von Peña Nieto zum Koordinator der PRI-Kandidaten auf ein Abgeordnetenmandat im Bund in San Luis Río Colorado ernannt worden. Celaya selbst galt als aussichtsreicher Anwärter auf einen Parlamentssitz als Abgeordneter für Sonora. Sein Neffe, Victor Hugo Celaya, ist ein einflussreicher Politiker in San Luis Río Colorado an der Grenze zu den USA mit hoher Präsenz des organisierten Verbrechens.

Die Festnahme plus Fotos schlugen hohe Wellen in Mexiko. Auf ihrer Webseite distanzierte sich die PRI von Celaya. Er sei weder von Peña Nieto zum Koordinator ernannt worden, noch seien seine Aspirationen zu kandidieren von der Partei unterstützt worden. "Während seines Präsidentschaftswahlkampfes hat Enrique Peña Nieto hunderttausende Fotos mit Anhängern und Sympathisanten aufgenommen, das bedeutet aber keinerlei Verpflichtung oder Nähe über diesen Moment hinaus", heißt es in der Stellungnahme der PRI.

[dosto]

******
GOLD FEVER (forth-coming film)

Watch trailers at: http://www.gprojectfilm.org/video
“Gold Fever” is about gold mining and global impunity … set in Guatemala. In the film, Noam Chomsky asks: Is it proper "to benefit from over half a century of repression, violence, destruction, and elimination of democracy"? Goldcorp Inc. continues to mine relentlessly in San Miguel Ixtahuacan, despite 8 years of documented health and environmental harms and other human rights violations. Investors across North America - from public pension funds to private equity capital - profit from their investments, with no concern for how the profits are made.

[dosto]

HONDURAS HUMAN RIGHTS LAWYER FOR AGRARIAN GROUPS MURDERED AT WEDDING

By Associated Press, Washington Post, September 23, 2012

http://www.washingtonpost.com/world/the_americas/honduras-hu…

TEGUCIGALPA, Honduras — A leading human rights lawyer who represented several Honduran agrarian groups in disputes with large landowners was killed by gunmen on Sunday, a land rights organization said. Antonio Trejo Cabrera, 41, was shot five times while attending a wedding in the capital, Tegucigalpa , the Peasant Movement of the Valley of Bajo Aguan said in a statement.

Trejo was a lawyer from three peasant cooperatives in the Bajo Aguan, a fertile farming area plagued by violent conflicts between agrarian organizations and land owners. More than 60 people have been killed in such disputes over the past two years. The lawyer had recently helped farmers gain legal rights to several plantations.

Trejo had also helped prepare motions declaring unconstitutional a proposal to build three privately run cities with their own police, laws and tax systems.

Just hours before his murder, Trejo had participated in a televised debate in which he accused congressional leaders of using the private city projects to raise campaign funds.

The lawyer was to travel to Washington in October to participate in hearings on the Bajo Aguan situation at the Inter-American Commission on Human Rights, said Annie Bird, co-director of Rights Action.

Trejo “had denounced those responsible for his future death on many occasions,” said Vitalino Alvarez, a spokesman for Bajo Aguan’s peasants. “Since they couldn’t beat him in the courts, they killed him.”

No arrests have been made in Trejo’s killing.

© The Washington Post Company

[dosto]

AS PREDICTED ... THE UNWANTED, UNLICENSED MINING INTERESTS OF TAHOE RESOURCES (AND GOLDCORP), HAVE LED TO REPRESSION AND VIOLENCE IN SAN RAFAEL LAS FLORES, GUATEMALA

In June, Rights Action published statements (included below) from the Committee in Defense of Life and the Catholic church in San Rafael Las Flores (department of Santa Rosa, Guatemala), where Tahoe Resources (www.tahoeresourcesinc.com) and Goldcorp Inc. (www.goldcorp.com) are pushing ahead with yet another gold and silver mine, though they don't have a complete mining license, though the local population have not been able to hold a public consultation process, and though the local population have peacefully and loudly protested they don't want this kind of "development" project in their community.

Through the mid-2000s, Goldcorp-affiliated companies began to develop this investment in San Rafael Las Flores, with no consultation with or permission from the local communities. Until 2008, Kevin MacArthur was President and CEO of Goldcorp Inc. (overseeing operations of the infamous "Marlin" mine in western Guatemala). Then, Tahoe Resources was founded and incorporated by MacArthur, who is CEO and President. Tahoe then took over this project from Goldcorp, that in turn retains a 40% interest in Tahoe Resources. [ps - furthermore, the CPP (Canada Pension Plan) invests $26 million in Tahoe Resources, and $177 million in Goldcorp.]

In August, we published information (http://rightsaction.org/action-content/tahoe-resources-goldc… about a tactic of repression being pursued by Tahoe Resources (and used by Goldcorp in Guatemala and Honduras), that of the "criminalization of community defenders" - ie, having the local authorities file trumped up criminal charges against community members who are in opposition to the unwanted and likely illegal incursion of Tahoe / Goldcorp onto community lands.

Now, Tahoe / Goldcorp has contracted a private company to install electrical wires and transmission towers, to bring energy to the mine site, even as community members organized against the mine, questioning the legality of it, demanding respect for their right to a binding consultation, even as Tahoe / Goldcorp do not have a full and complete license.

In Guatemala, where the legal and democratic institutions are weak at best and corrupted at worst, the authorities have paid no attention to formal complaints and petitions filed by San Rafael community members, leaving them with no recourse beyond that of protesting. Now, predictably, violence and repression have broken out.

On September 18, the electrical company was accompanied by 80 Guatemalan police, a contingent of anti-riot troops and 30 more private security guards, who broke up the protest of the local citizenry.

According to the Guatemalan organization Madre Selva: it was a peaceful protest, and the local citizens never entered the mine site property; community members - including elderly and young, men and women - were attacked and evicted (from their peaceful, legal protest) by private security guards and national police forces using rubber bullets and tear gas; soldiers were present as well, standing inside the mining company fences; and, now, there are at least 30 community members detained, including 7 women. (Colectivo Madre Selva, [e-mail])
THIS REPRESSION AND VIOLENCE ARE A "CANADIAN" PROBLEM

Given the fundamental lack of democracy and rule of law in Guatemala, that global companies and investors take advantage of and benefit from, if Canadian citizens and the Canadian government do nothing to hold our companies accountable for harms and violations they contribute to and/or benefit from in Guatemala, then assuredly repression and violence will be used - as in this case, once again - so as to allow mining operations to proceed.

Please send copies of this information, and your own letters, to your member of parliament and the Canadian embassy in Guatemala, and to your own media and the companies themselves. The Canadian government should demand the immediate release of all citizens detained during this peaceful protest.

[dosto]

By: Henry Lazenby
11th October 2012
Updated 6 hours ago
TEXT SIZE
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TORONTO (miningweekly.com) – Goldcorp Canada was fined C$350 000 for a violation of the Occupational Health and Safety Act after a worker was killed in March, 2011, at its Hoyle Pond mine, in the Timmins area.

Following an investigation by the Ontario Ministry of Labour, Goldcorp pleaded guilty on three charges, including failing to ensure that there was a safety procedure in place in the area of the incident to protect workers when mobile equipment was being used, failing to ensure that workers were instructed on such a procedure and failing to ensure the procedure was implemented through appropriate supervision.

Justice of the Peace Alex Spence imposed the fine on Thursday. The court also imposed a 25% victim fine surcharge, as required by the Provincial Offences Act, which is credited to a special provincial government fund to assist victims of crime.

The investigation found that on March 10, 2011, a worker was operating a scoop tram in a production area of the mine, and ran over an unseen worker laying electrical wire in the tram’s work zone. A scoop tram is a type of mobile equipment used to pick up and move broken rock underground.

[dosto]

By: Joachim Bamrud
11th October 2012
TEXT SIZE
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SANTO DOMINGO (miningweekly.com) – The share of Latin America’s mining activities as a percentage of its gross domestic product (GDP) has grown significantly in the past decade.

“Mining has gained relevance in virtually all of the Latin America economies since the commodities super cycle started to emerge in the early 2000s,” a leading expert on Latin American economies and head of research at Bulltick Capital Markets Alberto Bernal said.

“This sector of the economy accounts for the bettering of the regional fiscal accounts, and for the increased capacity of the region to consume, since foreign exchange rates have appreciated thanks to the higher commodity prices.”

Mining accounted for 4.3% of Latin America’s GDP in 2001. Last year that number rose to 6.1%, according to the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). In value terms, mining activity more than tripled from $90.1-billion to $305.8-billion last year, according to ECLAC.

If this trend continues, based on the realization of various projects in the pipeline, the figure will top $400-billion a year by 2020, representing an unprecedented 12.5 per cent contribution to Latin America’s GDP by the mining sector, according to a recent report by the Centre for Social Responsibility in Mining at Queensland University’s Sustainable Minerals Institute.

The countries that have seen the strongest growth include Chile, Colombia and Bolivia. In Chile mining has gone from 5.2% of GDP in 2001 to 15.2% last year. Colombia saw mining grow from 4.9% to 11% in the same period, while Bolivia saw mining jump from 6.3% to 15.5%.

Mexico saw mining grow from 6.1% to 9.9% in the past decade. Brazil, Latin America’s largest economy, has also seen strong growth, although mining remains a small part of its economy. Mining accounted for 3.5% of its GDP last year, nearly three times more than the 2001 level of 1.3%.

[dosto]

he Just concluded 'Golden Week' holiday has failed to lift luxury items sales including jewelry in Hong Kong.

HONG KONG(BullionStreet): The Just concluded 'Golden Week' holidays has failed to lift luxury items sales including jewelry in Hong Kong.

According to Hong Kong Retail Management Association, sales of watches and jewelry goods typically coveted by mainland Chinese shoppers were actually dropped compared with last year.

Though the association originally expected an 8% jump in retail sales in Hong Kong during the Golden Week, in the end, the boost was probably closer to 5%.

Those findings come on the heels of other disappointing news for the city’s luxury sector.

In August, according to Hong Kong’s census and statistics department, sales of luxury goods such as jewelry, watches and clocks dropped by 5% from a year earlier, even as the value of overall retail sales grew by 4.5%.

Golden Week, a national holiday period that coincides with the anniversary of China’s founding, is a time when many mainland tourists travel to Hong Kong to indulge in some heavy retail therapy, with the average overnight visitor spending more than $1,100 per trip.

This year, though, even as the number of mainland tourists rose, the value of sales in certain luxury sectors actually fell from a year earlier.

Nearly one million mainland tourists arrived in Hong Kong over the holiday period this year, up nearly 25% from 2011. But those who were in the market for luxury goods spent with less gusto.

Watch and jewelry sellers recorded single- and even double-digit percentage declines in sales values compared with 2011.

Meanwhile, most retail sectors recorded single- or low double-digit percentage growth, compared with mid- or high double-digit percentage growth in the previous two years.

[dosto]

TABLE-Russian gold/fx reserves fall to $528.0 bln
Thu Oct 11, 2012 11:06am GMT

Print | Single Page
[-] Text [+]

MOSCOW, Oct 11 (Reuters) - Russia's gold and foreign
exchange reserves edged down to $528.0 billion in the week to
Oct. 5 from $528.2 billion a week earlier, central bank data
showed on Thursday.
The central bank provided the following figures (in billion
dollars):
Latest week 528.0

Previous week 528.2

End-2011 498.6
NOTE - The reserves include monetary gold, special drawing
rights, reserve position at the IMF and foreign exchange.
For full reserves history click on www.cbr.ru

[dosto]

Fresnillo Posts Year To Date Attributable Gold Production Of 375,637 Ounces

MEXICO CITY (dpa-AFX) - Fresnillo Plc (FRES.L) issued interim management statement and production report for the three months ended September 30, 2012.

Year to date attributable gold production was 375,637 ounces, a 15.1% increase over the same period of 2011. Attributable quarterly gold production of 126,841 ounces rose by 5.9% versus third quarter of 2011 due to the contribution from the new Noche Buena mine.

Besides, year to date attributable silver production, including the Silverstream (3.1Moz.) declined by 3.6% compared to the year-ago period as a result of the anticipated decline in silver grades at the Fresnillo mine. However, silver production continues to improve quarter on quarter.

Quarterly silver production was 10.3 million ounces, including the Silverstream, a 2.6% increase over the same period of 2011.

The company further stated that resources were increased at each of its seven operating mines with reserves notably increased at Noche Buena and Saucito.

Looking forward, Fresnillo said it is on track to achieve annual silver production target of 41Moz and 460,000 ounces of gold.

DDer Silbermeister Fresnillo beginnt seine Neuheiten
mit einer Doldmeldung

Sind nun Pure-Silber-Miner out!!!!!?

[dosto]

Am Freitag bereitete Saber Daboussi seine Leute auf die kommende Woche vor. Der Kundenservice müsse endlich aus dem Sturm ins Trockene kommen („out of the storm“), alle sollten ab sofort um 7.30 kommen und bis 20 Uhr arbeiten. „Wir müssen zusammen vier Konten am Tag aktivieren“, schrieb der Geschäftsführer des Oberhausener Online-Brokers FXdirekt am 18. Mai auf Englisch an die Mitarbeiter. Und: „Schönes Wochenende.“

Ob die Betreuer ein solches hatten, lässt sich nicht rekonstruieren. Dass die folgende Woche jedoch wenig entspannt ablief, belegen interne E-Mails.

Geschäftsführer Daboussi persönlich treibt darin den Kundenservice an, mehr Kontrakte auf Silber zu verkaufen.

Setzte die Truppe die bizarren Anweisungen in die Tat um, wäre es Anlageberatung gewesen, die die Bank nach eigenen Angaben nicht betreibt.

Mitarbeiter der von der Finanzaufsicht BaFin regulierten Bank hatten berichtet, auf welche Weise Kunden bei der Bank Geld verloren haben sollen. Die Bank hat alle Unregelmäßigkeiten abgestritten.

Nach dem Bericht haben die Redaktion zahlreiche Briefe erreicht, in vielen berichten Kunden von ihrer Erfahrung mit FXdirekt: „Ich habe bei jedem einzelnen Trade nie den Kurs bekommen, der auf dem Bildschirm angezeigt war“, berichtet ein Rechtsanwalt. Beim Kauf hätten zu seinen Lasten mindestens zwei bis vier Punkte gefehlt, beim Verkauf mindestens drei bis fünf. „So konnte man selbst bei richtiger Einschätzung der Marktrichtung nie auf einen grünen Zweig kommen. Am Ende hieß es auch für mich: Verlust von 15.000 Euro.“




Ein Steuerberater sagte, er habe den Verdacht, dass Kurse manipuliert worden seien. Er habe oft bei FXdirekt angerufen, aber „deren Standardausrede“ sei gewesen, dass sich der Markt eben bewegt habe. Ein Ehepaar hat nach eigenen Angaben in den vergangenen zwei bis drei Jahren „mehr als 150.000 Euro“ verloren. „Stetes Kapital-Nachschießen in der Hoffnung, nun doch mal einen Gewinn realisieren zu können, haben zu dem großen Verlust geführt.“

Die BNP-Paribas-Tochter Cortal Consors, die bislang mit FXdirekt kooperiert hat und über deren Internet-Seite Consors-Kunden ein Konto in Oberhausen eröffnen konnten, hat das Angebot von der Homepage genommen. Consors-Kunden können derzeit kein Konto mehr über ihre Direktbank eröffnen.

FXdirekt hat Fehlverhalten in der Stellungnahme zum letzten Bericht der WirtschaftsWoche bestritten.




Unterlagen, die der Redaktion vorliegen, geben erschreckende Einblicke ins Innenleben der Bank, etwa am Dienstag, 22. Mai.

Um 13.14 Uhr schickt Daboussi seinen Leuten ihre bisherigen Tagesergebnisse. Zwei Mitarbeiter sollen ihren Absatz schnell verdreifachen („we need 3 times this !!!“), einen anderen stellt der Chef vor Kollegen als schwach hin: „Thomas.. still low Richard is catching you !!!“ (die echten Namen sind der Redaktion bekannt).

Nur vier Minuten später die nächste Nachricht. Betreff: Ziel heute („target TODAY !!!“). Inhalt: „SILVER !!!!!!!“ Damit die Betreuer nicht übersehen, dass sie telefonieren sollen, was das Zeug hält, sendet der Chef die Nachricht in riesigen Buchstaben.[/red]

Nunja, vielleicht posten ja einige Telefonisten solcher Firmen
hier bei W.O.

[dosto]

Fest steht, dass die Bank Kunden sogar Gebühren berechnet, wenn sie nicht handeln. In einem Tagesbericht der Handelsabwicklung, der der Redaktion vorliegt, heißt es, bei einer Prüfung sei ein neues Kundenkonto mit „negativem Cash-Bestand“ gefunden worden, das aufgrund der Untätigkeitsgebühr ins Minus geraten sei.

16.32 Uhr. Daboussi macht erneut Druck, will 2000 Lots: „I want 2000 Today.. Few hours to go... let s do it !!!!!“

Kunden handeln bei FXdirekt auch außerhalb von Börsen – vor allem wetten sie mit Differenzkontrakten (Contracts for Difference, CFDs) auf steigende und fallende Kurse von Aktien oder Rohstoffen. Wetten sind gehebelt, mit kleinem Einsatz ist ein Vielfaches an Gewinnen möglich. Beim CFD setzen Anleger nur einen Bruchteil der bewegten Summe ein und überlassen dem Broker nur eine Sicherheit (Margin). Gewinne und Verluste potenzieren sich so rasant. Viele Broker sind wie FXdirekt Market Maker, die Kunden An- und Verkaufskurse stellen. In den Geschäftsbedingungen der Bank steht, dass sie berechtigt sei, „nach Eingang des Kundenantrages einen veränderten Kurs zu quotieren, der von dem ursprünglich quotierten Kontraktkurs abweicht“. Allgemein gilt: Stellt ein Broker die Preise beim Verkauf oder Rückkauf schlechter, kann der Kunde mehr verlieren oder weniger gewinnen – und der Broker seine Marge anheben. Wie, verdeutlicht eine Musterrechnung:

Der Silber-Preis von FXdirekt lag in der Stichprobe der WirtschaftsWoche bei 28,15 Dollar (Verkauf) zu 28,20 (Kauf) US-Dollar. Wettbewerber IG Markets handelte zur gleichen Zeit mit 28,05 zu 28,08 Dollar – der Silber-Verkaufskurs von FXdirekt lag damit zwölf Cent über dem von IG Markets. Klingt wenig, macht aber beim Geschäft mit CFDs, bei denen Kunden nur die Differenz zwischen Ein- und Ausstiegskurs gewinnen oder verlieren, hohe Summen aus.

Ein hypothetisches Beispiel: Angenommen, ein Kunde wettet auf steigende Kurse. Er steigt bei 28,08 Dollar mit Kontrakten über 10.000 Unzen in den Markt ein. Kurz darauf verkauft er zu 27,90 Dollar. Der Kunde hat dann die Differenz von 18 Cent verloren (28,08 – 27,90 = 0,18). Gehebelt multipliziert sich der Verlust mit der Zahl der gekauften Unzen: 0,18 Dollar x 10.000 = 1800 Dollar Verlust.




Hat der Handel ihm beim Kauf mehr abgeknöpft, etwa 28,20 Dollar, liegt sein Verlust beim Ausstieg höher. Die Rechnung geht so: 28,20 – 27,90 = 0,30 Dollar; 0,30 x 10 000 = 3000 Dollar Verlust. Beim Handel mit hohem Hebel zählt also bei Ein- und Ausstieg jeder Cent – für Kunde und Broker. Gemessen am in diesem Fall üblicherweise eingesetzten Kapital (Margin) von rund 2800 Dollar, brächten die 1200 Euro Unterschied etwa 43 Prozent mehr Verlust.

17.06 Uhr, Mail aus der Chefetage. Noch drei Stunden, er bräuchte mindestens 800 Lots, die Betreuer sollten die Kunden härter rannehmen, schreibt Daboussi: „3 hours to go... we need at least 800 Lots !!! time to push harder !!!! PRIME TIME“

17.39 Uhr. Daboussi hat immer noch nicht genug. „COME ON>>>> more more more silver... push... push...“

Auszug WIWo

[dosto]

Global credit rating firm Standard and Poor's (S&P) downgraded Wednesday its outlook on Anglo American PLC (LON:AAL) to negative from stable as a result of growing concerns about the effects of South Africa’s mining strikes on the company's mining operations and on the wider economy.

"Our view is that Anglo American's business risk profile is weakening because of rising South African country risks," S&P said in a statement. The announcement followed last week's downgrade of South Africa's sovereign-debt rating to triple-B from triple-B-plus with a negative outlook.

“In our view, the strikes in South Africa's mining sector will likely feed into the political debate in the run-up to the 2014 elections, which may increase uncertainties related to the African National Congress' future policy framework,” S&P said last Friday as quoted by Business Report.

[dosto]

LOOK-LOOK


New study says Brazil is about to flood export markets with iron ore
Frik Els | October 15, 2012






Benchmark 62% spot iron ore entered China's Golden Week holiday at $104.20 a tonne, but as traders returned they quickly chased the price of the commodity to within shouting distance of $120.

After three days of losses – the price of the commodity fell again on Monday to $113 – it appears China's iron ore bulls are having second thoughts.

Iron ore's rise from less than $40 only five years ago has been on the back of an incredible ramp up in demand from China – the world's second largest economy today uses up around 60% of global supply as it pushes out steel at rate of two million tonnes per day.

But the other side of the equation – supply – could start having a bigger impact on the price as new projects come on stream.

World number one producer Vale today reiterated its production forecast of 312 million tons of iron ore for 2012 and is working on expanding existing sites for an additional 170 million tons of iron ore per year.

Brazil as a whole is slated to produce 820 million tonne of iron ore in 2016, a more than 60% jump from today's levels according to Ibram, an industry research house in the South America country.

While number two and three of iron ore's troika – Rio Tinto and BHP – have slowed investment in new iron mines, production in Australia is still on track to reach 750 million tonnes – almost all of it for export – in the not too distant future.

The global seaborne iron ore trade is around 1 billion tonnes today and is growing at less than 2%. And China also has 100 million tonnes of ore in stockpiles sitting at ports.

Chinese demand could pick up again – infrastructure spending is continuing unabated – but that may not be enough to absorb all the new output.

[dosto]

Eine kurz und bündige Liaison


AuRico Gold Sells Endeavour Silver Shares

Wednesday, October 17, 2012 12:32 PM

AuRico Gold Inc. (TSX, NYSE: AUQ) sold roughly 11.1% of its equity interest in Endeavour Silver Corp. (TSX: EDR)(NYSE: EXK) for gross proceeds of C$95 million. AuRico gave no reason in the press release as to why the company sold its interest in the silver producer. Endeavour Silver put out a press release Oct. 10 regarding the work stoppage at its El Cubo lease facilities in Mexico, which they had acquired from AuRico, where Endeavour Silver blamed AuRico’s employment outsourcing company for the work stoppage. AuRico Gold is a Canadian-based gold producer with several projects across North America.

[dosto]

Apropo Endeau

die haben eine Mine
Guanacevi die hat eine interessante Entwicklung

Die Grade seit 2011 Quartalsmäßig

307
310
305
320

292
269
227

dwerweitere Blick darauf scheint erstrebenswert.

genauso geht es auf

Guanajuato zu
184
192
177
173

163
148
149

nunja
El Cubo liegt gegenüber, vielleicht können die wa qusgleichen.

[dosto]

SOUTHERN SILVER SIGNS EARN-IN AGREEMENT WITH FREEPORT-MCMORAN ON CERRO LAS MINITAS
Southern Silver Exploration Corp. (the “Company” or “Southern Silver”) (TSX.V:SSV) has granted Freeport McMoRan Exploration Corporation the right to earn an indirect 70% interest in the Cerro Las Minitas property in Durango, Mexico by making staged purchase payments and funding exploration and development expenditures of $25 million on the Cerro Las Minitas property over a maximum ten year period.
Subsequent to a sixty day Due Diligence period, Freeport will have the option to earn respective 51% and 19% indirect interests in the property through the acquisition of common shares of a Southern Silver subsidiary company which has the right to purchase a 100% interest in the property.
To acquire the initial 51% interest Freeport shall:
 Pay to Southern Silver $600,000 on the effective date as a deduction from work expenditures, $100,000 on or before the first anniversary of the Effective Date, $200,000 on or before the second anniversary of the Effective Date and $300,000 on or before the third anniversary of the Effective Date.
 Complete Expenditures with respect to the property over a three year period of $1.5 million in year one, $1.3 million in year two and $1.6 million in year three.
 Pay the residual option payments to the Optionor of the property in the aggregate amount of $2.8 million prior to November 18, 2013 as a deduction from work expenditures.
To acquire the additional 19% interest Freeport shall elect within 90 days from the date of acquisition of the initial 51 % interest and:
 Pay to Southern Silver on or before the tenth anniversary of the Effective Date $ 1 million.
 Complete on or before the tenth anniversary of the Effective date a Feasibility Study involving the property and in doing so making additional Expenditures on the property of at least $19 million.
Upon acquisition of the initial 51% interest, operations on the Property will be conducted pursuant to a Shareholders’ agreement with each shareholder bearing its proportionate share of further Expenditures on the property subject to the right of Freeport to elect to earn an additional 19% interest in the property and upon acquisition of the additional 19% interest, ongoing operations will be governed by the shareholders’ agreement. Provision for dilution of a Participating Interest will apply and if a Participating Interest of a Party is diluted to less
2
than 10% its Participating Interest will be converted to a 2% NSR. A Finder’s fee may be paid to a Consultant with respect to

[dosto]

ne prima Art der Shareholder Ubertölpelung

[dosto]

Artikelbezeichnung
Feingewicht
MwSt.
Einzelpreis
(brutto)
Menge
Auftrag
31,1 Gramm Silberbarren
31.1035 g
6,48 EUR Mehrwertsteuer
40,59 EUR
inkl. MwSt.

25,50 EUR Rückkaufpreis
Endpreis zzgl. Versandkosten
100 Gramm Silberbarren
100,00 g
18,45 EUR Mehrwertsteuer
115,53 EUR
inkl. MwSt.

77,89 EUR-Tückkaufpreis
Endpreis zzgl. Versandkosten
250 Gramm Silberbarren
250,00 g
41,17 EUR
257,88 EUR
inkl. MwSt.

194,71 EUR
Endpreis zzgl. Versandkosten
500 Gramm Silberbarren
500,00 g
80,96 EUR
507,06 EUR
inkl. MwSt.

389,43 EUR
Endpreis zzgl. Versandkosten
1000 Gramm Silberbarren
1.000,00 g
159,31 EUR
997,76 EUR
inkl. MwSt.

778,85 EUR
Endpreis zzgl. Versandkosten
5000 Gramm Silberbarren
5.000,00 g
774,61 EUR
4.851,48 EUR
inkl. MwSt.

3.894,26 EUR
Endpreis zzgl. Versandkosten
15000 Gramm Silberbarren
15.000,00 g
2.308,20 EUR
14.456,62 EUR
inkl. MwSt.

11.682,78 EUR
Endpreis zzgl. Versandkosten

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[dosto]

London/DubaiDer wirtschaftliche Druck auf den Iran infolge des Atomstreits wird durch die Sanktionen westlicher Staaten immer stärker. Gold dürfe ab sofort nicht mehr ohne Genehmigung exportiert werden, berichtete die iranische Nachrichtenagentur Mehr am Mittwoch. Die gegenwärtigen wirtschaftlichen Umstände machten es nötig, dass Ausfuhren des Edelmetalls von der Zentralbank genehmigt werden müssten, zitierte Mehr den leitenden Mitarbeiter des iranischen Zolls, Mohammed Resa Naderi.

Mit dem Exportverbot für Gold will die Zentralbank offenbar verhindern, dass Iraner ihr Vermögen in Form des Edelmetalls ins Ausland in Sicherheit bringen, nachdem der Zugang zu harten Devisen wie Dollar und Euro beschränkt wurde. Die iranische Währung Rial hat zwei Drittel ihres Wertes gegenüber dem Dollar in den vergangenen 15 Monaten verloren.

[dosto]

U.S. Mint sales of American Eagle bullion gold and silver coins fell in October from September but were up from the same month a year ago, according to data on the agency’s Web site.

Gold-coin sales totaled 59,000 ounces last month, down from 68,500 in September but up from 50,000 in October 2011. Year-do-date sales are 540,500, compared to 893,500 in the first 10 months of 2011. Meanwhile,

silver-coin sales were 3,153,000 ounces in October. This was down from 3,255,000 in September but up from 3,064,000 in October 2011. Year-to-date silver-coin sales of 28,948,000 ounces are down from 36,475,500 from the same time frame in 2011.

Das ist wohl nicht mehr aufzuholen dieses Jahr.

[dosto]

Reuters) - Newmont Mining Corp (NEM.N), the world's second-largest gold producer, reported a lower-than-expected quarterly profit after a steep fall in production and a sharp rise in costs at its big Batu Hijau copper and gold mine in Indonesia.

Newmont also said it expected total full-year attributable output to be at the low end of its previous forecast of 5.0-5.1 million ounces of gold and 145 to 165 million pounds of copper.

The company said costs related to copper sales more than doubled in the third quarter, and that it now expects such costs to be between $2.20 and $2.35 per pound in 2012, higher than its prior forecast of between $1.80 and $2.20.



Gold output at Batu Hijau, on Sumbawa island, plunged to 7,000 ounces on an attributable basis in the quarter from 65,000 a year earlier.

Copper production fell to 19 million pounds from 41 million.

Newmont said last month it planned to lay off 100 people from a workforce of 4,000 at its biggest copper mine to reduce operating costs at a time of low output. Worker pay has increased 25 percent in the past two years.

Indonesian workers have been demanding a bigger share of the profits from the mining boom in southeast Asia's biggest economy.

Einfügung: Also diese Wortwahl -demanding.
Logisch, die unterbezahlte Arbeit muß nun mal ein Ende haben.
Gold schwitzt nicht.

Newmont, which also has mines in Africa, Australia, Canada and the United States, said total copper production fell 38 percent in the quarter ended September 30 to 35 million pounds while attributable gold production dropped 5 percent to 1.24 million ounces.

Lower ore grades at its Tanami mine in Australia and the Ahafo mine in Ghana also weighed on production.

Net income attributable to Newmont stockholders fell 26 percent to $367 million, or 74 cents per share, from $493 million, or 98 cents per share, a year earlier.

Excluding one-time items, the company earned 86 cents per share. Analysts on average had expected a profit of 91 cents per share, according to Thomson Reuters I/B/E/S.

Revenue fell 10 percent to $2.48 billion.

[dosto]

Ist das Tren d


Silver Wheaton profit falls on lower prices
Mon Nov 5, 2012 11:48am GMT




Nov 5 (Reuters) - Canada's Silver Wheaton Corp's third-quarter profit fell 11 percent on lower silver prices.

Profit fell to $119.7 million, or 34 cents per share, from $135 million, or 38 cents per share, a year earlier.

[dosto]

HIER-LOOK LOOK
kommt neuer Zulauf für die Bug-Gemeinde


HSBC Jersey Account-Holders List Probed by U.K. Tax Authorities
By Liam Vaughan - Nov 9, 2012 9:18 AM GMT+0100

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QUEUE
Q

Grand Tour/Corbis
St. Aubin, Jersey.

British tax authorities said they are investigating a list of more than 4,000 British residents who have bank accounts with HSBC Holdings Plc (HSBA), the country’s largest lender, in the offshore tax haven of Jersey.

“We have received the data and we are studying it,” Jan Marszewski, a spokesman for Her Majesty’s Revenue and Customs, said by telephone today. “Clamping down on those who try to cheat the system through evading taxes and over claiming benefits is a top priority for us.”

The list, leaked by a whistle-blower, includes a man who was jailed for two years after more than 300 guns were found in his house and the owner of a farm where police discovered cannabis valued at 500,000 pounds ($800,000), according to the Daily Telegraph, which first reported the document.

Chief Executive Officer Stuart Gulliver’s attempts to cut costs at the bank are being hobbled by probes into money laundering and compensation claims from British clients. The London-based lender said this week it’s likely to face criminal charges from U.S. anti-money-laundering probes and warned the cost of a settlement may “significantly” exceed the $1.5 billion the bank has so far set aside.

A U.S. Senate committee said in July that failures in HSBC money-laundering controls allowed terrorists and drug cartels access to the U.S. financial system. Standard Chartered (STAN) Plc, which like HSBC makes most of its profit in Asia, paid $340 million in August to settle a regulator’s claim it broke Iranian sanctions rules.

“We are investigating the reports of an alleged loss of certain client data in Jersey as a matter of urgency,” HSBC said in an e-mailed statement. “We haven’t been notified of any investigation in relation to this matter by HMRC or any other authority but, should we receive notification, we will cooperate fully with the authorities.”

[dosto]

Imoblien Blase

nicht in Deutschland

sondern da.


India 15% Loan Growth Led by Cautious Buyers: Mortgages
By Pooja Thakur and Anto Antony - Nov 9, 2012 8:07 AM GMT+0100



Raghavendra Deshpande took a 20-year home loan in 2005 to buy a two-bedroom apartment in Mumbai. He plans to have it all repaid within three years.

“I don’t want to have debt for long, I want to be in control,” said Deshpande, 41, a project manager at Itek Business Solutions, who took a 1.3 million rupee ($23,921) loan for his 1.8 million rupee property. “Interest rates matter too. If I continue my loan for a longer tenure, my interest payments will be higher than the principal loan amount.”
Enlarge image India 15% Home Loan Growth Buoyed by Riskless Buyers




The loans, which average 13 years at origination, are repaid in less than five and a half, according to Housing Development Finance Corp., India’s biggest mortgage lender.


Home loan debt, at $104 billion or 8 percent of gross domestic product, about a 10th of U.S. and European levels, will grow about 15 percent annually over the next five years, to 13 percent of GDP by March 31, 2015, according to Emkay Global Financial Services Ltd., a Mumbai-based brokerage.

As Indians are drawn to financial services, technology and manufacturing jobs in cities such as Mumbai, Bangalore and New Delhi, more young professionals are cautiously borrowing to buy their homes. The loans, which average 13 years at origination, are repaid in less than five and a half, according to Housing Development Finance Corp. (HDFC), India’s biggest mortgage lender. That helps banks keep bad loans in check and expand lending, and it has driven up home prices, which led the world in gains over the past decade, almost quadrupling through the end of last year.



“People in India are very debt averse,” Keki M. Mistry, chief executive officer of HDFC, said in an interview in Mumbai. HDFC forecasts loan growth will expand as much as 20 percent for the next few years. The average size of a home loan at HDFC climbed 10 percent to 2.15 million rupees this year, from 1.95 million a year ago, the lender said.

India faces an urban housing shortage of 18.8 million units, according to government estimates. The shortage will lead to inadequate housing for about a quarter of the 81 million households that live in urban India, according to a report.

“India’s demographic dividend is a major driver for the mortgage finance market,” said Brian Hunsaker, a Hong Kong- based banking analyst at brokerage Keefe, Bruyette & Woods. “A relatively younger population than other geographies ensures more people will start earning in coming years or relocate, triggering demand for mortgage loans.”

This demand is prompting optimism among India’s lenders. Mortgages account for almost half of retail loans by the banking sector, according to data from the Reserve Bank of India. Mortgage loans constitute 9.3 percent, or 4.2 trillion rupees, of the total loans by banks in India as of Sept. 21, data from the central bank showed. By comparison, home loans in Singapore make up 31 percent of total advances.
Smaller Cities

India had the biggest rise in housing prices in the world in the decade to 2011, according to a study released by Lloyds TSB International in June. Prices in India grew 284 percent over the 10-year period compared to Russia’s 209 percent increase and South Africa’s 161 percent gain. China clocked a 47 percent increase, the data from Lloyds showed.

Demand is also increasing for homes in smaller Indian cities such as Bhopal and Indore in central India and Jaipur in the northwest of the country. Affordable pricing, improved availability of loans and a shift in preference from independent houses to apartments has boosted residential demand.

Small Indian cities will add 354 million square feet of homes in the next three years, according to a CRISIL Research study across 65 micro markets in 10 emerging real estate cities in India. Sale of new apartments in these markets is estimated to reach 180 billion rupees in the year ended March 31, 2012, said CRISIL, the Indian rating unit of Standard & Poor’s.

HDFC’s top five markets for retail home loans include New Delhi and its surrounding areas, Chennai, Mumbai, Bangalore and Pune, it said.
‘Smaller Cities’

“As the mortgage business penetrates into smaller cities the repayment period will keep coming down,” R. V. Verma, chairman of National Housing Bank, India’s regulator for mortgage finance companies, said in an interview. “People in smaller towns are more debt averse. This helps the mortgage finance company grow faster as they can redeploy cash again.”

Prepayments have risen 14 percent in the year ended March 31, 2012, from 12 percent a year ago after the regulators for banks and housing finance companies barred them from charging prepayment penalties, according to CRISIL Research estimates.

Home loans at State Bank of India rose 13 percent in the year to June 30 and made up 11 percent, or 1.05 trillion rupees, of its loans as of June, according to the bank. State Bank has a market share of 25.49 percent in India’s mortgage market, according to the lender.

Shares (SBIN) of State Bank of India gained more than nine times in the decade to 2011. It rose 35 percent this year compared to the benchmark Sensitive Index (SENSEX), which climbed 22 percent.
Safer Bet

Indian banks’ outstanding loans to home buyers grew by 12 percent to 3.9 trillion rupees as of March 31 from a year ago, while mortgage finance companies posted growth of 25 percent to 1.8 trillion rupees, according to Emkay Global.

“Independent mortgage finance companies will have an advantage over the banks that are trying to focus on mortgage loans,” said Hunsaker at Keefe, Bruyette & Woods. “Sector specific skills of housing finance companies will help them in keeping bad loans at check and costs under control.”

Home loans late by 90 days or more account for 1.9 percent of India’s mortgage market as of March 31, Ajay Srinivasan, director at CRISIL Research, said in an e-mailed response to Bloomberg queries. In comparison, the percent of mortgages delinquent for 90 days in the U.S. was at 6.39 in September, according to data compiled by Bloomberg.
Middle Class

“An Indian home buyer is worried about social status and that stops him from defaulting on loan repayments linked to apartments in which they are staying,” said Santosh Singh, a Mumbai-based financial services analyst at Espirito Santo Securities.

As more of India’s 1.2 billion population migrates’ to cities from villages in search of better paying jobs, the need for housing will grow. India’s middle class, in a country where about 30 percent of the country’s people are under the age of 15, is expected to reach 267 million people in 2016 from 160 million last year according to the Asian Development Bank.

Most buyers take a home loan for 10 years or more and end up repaying it within four to five years, Vikas Oberoi, chairman of Oberoi Realty Ltd. (OBER), India’s second-largest developer by value said. About 85 percent of home-loan borrowers are employed by companies, while the rest are self-employed, according to Srinivasan at CRISIL. The average age of the borrower was 35 to 36 years old.
Rates Unchanged

Banks have access to funds through deposits, where the cost of funds is as low as 4 percent, while the housing finance companies raise money through the sale of bonds or term loans at rates which are at least 300 basis points higher, said Nitin Kumar, a Mumbai-based analyst at Quant Broking Pvt.

The size of the mortgage-backed securities market is estimated at 72 billion rupees for the year ended March 31, according to CRISIL Research, based on rated transactions.

India’s central bank on Oct. 30 left interest rates unchanged at 8 percent to fight price pressures while cutting lenders’ reserve requirements to back a policy revamp by the government aimed at reviving growth.

India’s mortgage rates are among Asia’s highest at about 11 percent. Hong Kong’s average mortgage rate is about 2.15 percent, while China’s is 7.43 percent, according to Barclays Plc. Indonesian rates range from 8 percent to 10 percent while in South Korea they are about 5 percent, the bank said.
‘Sweet Spot’

When tax incentives for mortgagees are considered, the average cost of borrowing is closer to 7.1 percent, according to HDFC, the world’s most valuable independent mortgage lender.

HDFC shares have gained 21 percent this year, giving it a market value of 1.22 trillion rupees.

“India will remain a sweet spot among the global mortgage finance markets,” V. K. Sharma, chief executive at the LIC Housing Finance Ltd., the country’s second-largest mortgage finance company, said in an interview. “Increasing income levels, tax incentives, demographics and rapid urbanization will keep driving demand in this deeply underpenetrated market where asset quality remains healthy.”

[dosto]

Home loan debt, at $104 billion or 8 percent of gross domestic product, about a 10th of U.S. and European levels, will grow about 15 percent annually over the next five years, to 13 percent of GDP by March 31, 2015, according to Emkay Global Financial Services Ltd., a Mumbai-based brokerage.

15 % pro Jahr

entspricht einer glatten Verdoppelung innerhalb 5 jahren.

[dosto]

Es ist schon sagenhaft.

Die Inder können scheinbar alles.

Gold kaufen, Häuser bauen, gut leben und was weiß ich noch alles.
Wahrscheinlich fahren sie auch alle noch 1 Monat in den Urlaub.

sagenhaft.

[dosto]

und Mahlzeit


State Bank of India Shares Drop as Soured Loans Climbed
By Anto Antony - Nov 9, 2012 10:41 AM GMT+0100

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State Bank of India shares headed for their biggest drop for this month in Mumbai after the nation’s largest lender said defaults climbed in the second quarter.

Net income rose 30 percent to 36.6 billion rupees ($673 million), or 54.51 rupees a share, for the three months ended Sept. 30, from 28.1 billion rupees, or 44.26 rupees, a year earlier, the Mumbai-based bank said in a filing to exchanges today. That compared with the 35.2 billion-rupee median of 38 analysts’ estimates compiled by Bloomberg.

The government-controlled lender’s profit growth may slow as bad debts rise further and demand for credit declines in an economy that the International Monetary Fund said is expanding at the slowest pace in a decade. The central bank’s reluctance to ease the highest borrowing costs among Asia’s major economies may also hinder State Bank’s efforts to boost lending.

“The bad-loan numbers disappointed,” Nitin Kumar, a Mumbai-based analyst at Quant Broking Ltd., said by telephone. “The management had given the impression that there would be a marked improvement in asset quality. Investors are disappointed.”

Shares of State Bank fell 3.8 percent to 2,158 rupees as of 3:09 p.m. in Mumbai. The stock has risen 33 percent this year, surpassing the 21 percent gain in the equity benchmark BSE India Sensitive Index. The Bankex Index, a gauge for 14 lenders in the country, has advanced 44 percent in 2012.
Bad Loans

Bad loans widened to 5.15 percent of total advances from 4.19 percent a year ago, SBI said today. Defaults will probably drop in the quarter as recoveries increase, Chairman Pratip C. Chaudhuri had told reporters on Aug. 10.

The nation’s economy will grow 4.9 percent this year, according to the IMF. Gross domestic product expanded 5.5 percent in the three months ended June from a year earlier, faster than a three-year low of 5.3 percent in the previous quarter, according to the most recent government data.

Net interest income, or revenue from lending minus payments on deposits, rose 4.7 percent to 110 billion rupees, the bank said in the statement. The 206-year-old lender’s total outstanding loans increased 18 percent from a year earlier to 9.6 trillion rupees at the end of September.

Loans at banks in India, excluding advances made to state agencies for food procurement, expanded 16 percent in the 12 months to Oct. 19, data compiled by the Reserve Bank of India show. The central bank trimmed its credit growth projection last month to 16 percent for the year ending March 31, from 17 percent.

[Charly56]

Hi dosto!

Warum gehst du denn so auf die Edelmetallkäufer und Minenkäufer so los. Es ist doch ihre Sache ob sie falsch liegen. Hast du eine Rechnung mit Sprott, Faber und so offen? Das sind halt Anhänger der wiener Schule der Ökonomie. Ob wir uns wirklich Gold als neues Zahlungsmittel wünschen sollten, glaube ich zwar nicht. Aber zumindest, ich werde es nicht beeinflussen können. Die richtig böse Inflation ist nicht sichtbar, da hast du recht. Bleibt alles bei den Banken hängen.

Kurzum ich würde lieber wieder Postings von dir lesen bei denen ich auch etwas lernen kann.

[dosto]

Global silver market surplus to edge up to 300m ounces in 2012 – GFMS

Global head of metals analytics, Philip Klapwijk, expects the surplus in the global silver market to edge up to 300 million ounces in 2012 from a year earlier.
Related Stories

Gold mine cash costs jumped 19% in H1 2012- GFMS
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Thomson Reuters GFMS forecasts ‘just above' $40/oz high for silver
Global copper supply to remain tight in 2012 - GFMS
Gold miners should reconsider hedging - GFMS

Author: Reuters
Posted: Wednesday , 14 Nov 2012

HONG KONG (Reuters) -

The surplus in the global silver market is expected to edge up to 300 million ounces in 2012 from a year earlier, the global head of metals analytics at GFMS, a Thomson Reuters unit, said on Wednesday.

Philip Klapwijk, speaking on the sidelines of a conference in Hong Kong, also said demand for silver fabrication had weakened, although some of the decline had been offset by higher silver output in China.

"The situation this year is that we see weaker fabrication demand on two main reasons. One is industrial fabrication has slowed quite considerably this year, especially in recent months, and we see weakness especially in the electronics field and photovoltaic end users," said Klapwijk.

Silver prices would move higher for the rest of this year, with a low of $30.90 and a high of $36, he said.

"We are thinking prices will trend higher next year. I'm not convinced that we are going to $50. I think we will definitely see $40-$45 prices. I'm more comfortable with that."

[dosto]

TORONTO (miningweekly.com) – Canadian-miner Aurico Gold on Wednesday

said two contractors were killed at its El Chanate mine, located 37 km northeast of Caborca, in Sonora State, Mexico, when a pressure vessel in one the mine’s processing plants ruptured.


The matter is currently being investigated by the company and the relevant authorities have been notified and the company would facilitate site-wide safety reviews and repairs for this portion of the processing facility.

[dosto]

JOHANNESBURG (miningweekly.com) – JSE- and NYSE-listed Gold Fields said more work was needed on the Chucapaca exploration project, which it is developing with joint venture (JV) partner Buenaventura,


after a feasibility study found a 30 000 t/d openpit design not feasible.

[dosto]

ndia hiked import tariff value of precious metals following firm price trends in global markets.

NEW DELHI(BullionStreet): A day after a WGC report showed an increase in India's gold demand in the third quarter, the government has raised import tariff value of the yellow metal.

According to an official release, the tariff value of gold was raised to $561 per ten grams from $556 per ten grams.

Tariff value of silver was also raised to $1058 per kilograms from $1039 a kilograms.�Besides, the government has reduced the import tariff value of brass scrap to $4029 per tonnes.

[dosto]

Technician Rick Ackerman Explains Why He Continues to be Positive on Gold


The Age of Entitlement and Need to Own Gold

Gold Prices Likely To Hold $1,700/Oz

Big Inflation Coming 3

Gold and Silver Prices Set to Rocket to Higher Ground

Gold and The Cold War

Gold vs. Gold Stocks - Which is the Better Buy?

The Gold Update: "Now on Go to 1800"


Der heutige Jahrmarkt
der Kitco-Eitelkeiten.

[dosto]

MAG SILVER RESPONDS TO REPORTS OF ILLEGAL EVICTION FROM CINCO DE MAYO
Vancouver, BC -- MAG Silver Corp. (TSX:MAG; NYSE MKT:MVG) ("MAG" or the "Company") is responding to reports from local media in Mexico that landholders from Benito Juarez decided during an assembly meeting of the local community (or "Ejido") in the evening of Saturday, November 17, to expel MAG from its Cinco de Mayo property and establish a 100 year mining moratorium.
MAG is strongly of the view that the assembly meeting was called and conducted illegally as a result of the efforts of a concentrated group of radical activists opposed to mining in the region. MAG is in the process of pursuing legal remedies at both the state and federal levels to have the meeting and all resolutions passed at the meeting declared null and void. MAG is highly confident that the illegal resolutions will not be permitted to stand.
Further details regarding the assembly meeting and the surface access permissions required from the local Ejido in connection with MAG's exploration and development plans at Cinco de Mayo will be provided shortly.

Die nächste Belagerung in Mexico

[dosto]

Da ist ja was los,

Die Minen müssen ja jede Woche nun von illegalen Belagerern
gesäubert werden.

Na sowas!!!!!!!!!

Viva Mexico
Bald kommt Zapata um die Ecke.

[dosto]

RBI bans bank loans to buy gold in any form

Created on : 19.11.2012 15:16 (NORMAL )


Mumbai, Nov 20 (UNI) The Reserve Bank of India (RBI) has
notified a total ban on banks from advancing any loans to customers
for purchasing gold in any form, which includes primary gold,
gold bullion, gold jewellery, gold coins, units of gold Exchange
Traded Funds (ETF) and units of gold mutual funds, to dissuade
people from indulging in speculative activity.
No advances should be granted by banks against gold bullion to
dealers or traders in gold if, in their assessment, such advances
are likely to be utilised for purposes of financing gold purchase
at auctions or speculative holding of stocks and bullion, RBI
said in a notification last evening.
In its October 30 policy meet, the RBI had announced this
decision.
However, RBI said that banks are allowed to give loans for
'genuine working capital requirements to jewellers'
The decision was taken in view of significant rise in imports
of gold in recent years, The step by the RBI, came on concerns
that direct bank financing for the purchase of gold in any form
that is bullion, primary gold, jewellery, gold coin, etc could
lead to fuelling of demand for gold in the country and will put
pressure on current account deficit.
Over the last one year, despite a 10 percent rise in the price
of gold in India, the demand for the yellow metal during the
July-September quarter was up 27 percent on an annual basis, data
from World Gold Council showed.
In the 2011-12 fiscal, India's gold imports stood at USD 60
billion and the quantum of import was 1,067 tonnes.
In the April-June quarter of the current fiscal, however, gold
imports had contracted by 18.4 percent year-on-year to Rs 71,912
crore (USD 13 billion).
The Monetary Policy Statement of April 2012 announced the
constitution of a Working Group to study issues relating to gold
imports and gold loans by Non-Banking Financial Companies (NBFCs)
in India.
The Working Group submitted its draft report in August 2012,
which suggested that other than working capital finance, banks
are
not permitted to finance purchase of gold in any form.
UNI JS OBB SM1223

[dosto]

So jetzt gehts langsam demMargin Gold

an den Kragen.

Die Blase ist ja auch genug geworden.
Gold wird ja in jeder Form schon herumgezockt.

Seis duch Leasing wie ein Auto, seis über Abzahlung,
seis vom hin und her. seis an der CME.

Ein Zockerladen feinster Güte

Silbwer selbstverständlich auch.

Nur Silber wird selten als Sicherheit angerechnet.
Und wenn, ja wo stehen die Konditionen.

[dosto]

NEW YORK (MarketWatch) -- Cliffs Natural Resources Inc. CLF -9.14% fell 6% to $32.51 a share on Tuesday as one of the worst-performing stocks in the S&P 500 SPX +0.06% . Goldman Sachs analysts cut the mining firm to sell from neutral and said the stock's current return potential is negative 29% in the next six months, with a price target of $25 a share.

The company's move to delay its Bloom Lake mine expansion and curtail some U.S. operations, "underscores that in a relatively weak iron ore market, high cost produc


ers like Cliffs will be at a greater disadvantage." Goldman Sachs analysts said they expect a price rebound in 2013, but prices may fall thereafter, placing the company's expansion plans and dividends "at risk.

[dosto]

Megaminer Newmont plans to comply with SEC Rules, says requirement "not onerous"
Source: PWYP USA
Date: 8 Nov 2012



Newmont Mining, the third largest mining company in the world, by market capitalization, recently stated in a quarterly investor meeting, that it is not supporting a recent lawsuit against disclosure rules for Section 1504. They also indicated their support for transparency and reaffirmed their intent to comply with the rules, indicating that compliance with the rules is "not onerous" and represents a “de minimis requirement.”

Newmont has been a first-mover in supporting such legislation, endorsing the underlying Senate legislation in 2009. This most recent statement reaffirms their intent to comply, which was made clear to investors soon after the passing of Section 1504 in July 2010 in a quarterly investor call.

Na denn mal los, was für Newmont nicht schwerwiegend ist,
ist nicht gesagt daß es andere Companies Kopf und Kragen kostet.

Die Minen-Bilanzen müssen mehr Transparenz zeigen.Eine First Majestic kann nicht der Bilanzweg und Berichtersatatrtungsweg sein.

Something out- Nebel rein.
Bin gespannt wie das dann 2013 aussieht bei den Minern.
Da wird die SEC wohl Arbeit kriegen wenns nicht funktioniert.

Ein paar kanditaten stehen auch auf meinem Zettel, sie müssen sich anstrengen, sonst kommt Druck.

[dosto]

RELEASE: Oil Company Lawsuit Against US SEC Threatens EITI

Oct 23, 2012

As the International Board of the Extractive Industries Transparency Initiative (EITI) meets in Lusaka, Zambia this week to discuss the future of the initiative, the Publish What You Pay United States coalition takes the following position:

As EITI Civil Society Board Members head to Lusaka for these crucial negotiations on the future of the EITI, we are extremely disappointed that the American Petroleum Institute (API) along with the U.S. Chamber of Commerce and others, has filed a lawsuit against the United States Securities and Exchange Commission (SEC), seeking to overturn oil and mineral payment disclosure legislation, Section 1504 of the 2010 U.S. Dodd-Frank Wall Street Reform and Consumer Protection Act, as well as its implementing regulations. Leading members of the API, including Chevron, ExxonMobil, Royal Dutch Shell, BP and Statoil currently serve as EITI International Board Members, and a large number of EITI Supporting Companies are API members. These EITI Board Members and Supporting Companies have made repeated public statements of support for transparency and the principles and objectives of EITI, and will play a leading role in Lusaka in the critical negotiations on the future of the EITI and its reporting standard through the formal EITI Strategy Review Process.

However, the legitimacy of the EITI Strategy Review Process, and the credibility of the EITI brand are jeopardized if the same companies negotiating EITI disclosure standards in Lusaka support a lawsuit that seeks to overturn U.S. payment disclosure legislation and regulation intended to strengthen the EITI standard.

Publish What You Pay United States calls on EITI International Board Members and EITI Supporting Companies that are also members of API, the U.S. Chamber of Commerce, the Independent Petroleum Association of America and the National Foreign Trade Council to:

Make public their position on the lawsuit to overturn United States transparency law and regulations, and make clear whether they are formally backing the lawsuit. PWYP US will consider the non-publication of a position to constitute support of the lawsuit.

Make public their positions on the specific proposals for improvements to the EITI standard under negotiation within the EITI Strategy Review Process. Oil companies involved in the EITI standard negotiations have yet to make public their proposals, analysis or positions on specific standard improvements, such as project-by-project reporting, or contract and licensing transparency.

We call on companies to make public their positions by Friday, October 26, 2012.

Press release available as PDF.
For more information contact: Isabel Munilla at imunilla (at) pwypusa.org.

[dosto]

http://www.publishwhatyoupay.org/

[dosto]

http://mexfiles.net/

[dosto]

Wer in Minen anlegt,

sollte die obigen Seiten be(ob)achten.
Das Mining fiindet nicht mehr nur im Kitko-freien Raum statt.

Little brothers are watching you.

[dosto]

Und weiter gehts.
Die Inder setzen das nächste Bollwerk:

NRI's can bring two kilograms of gold for Rs 20,000 in 1967 when the law was framed but a meager six grams of gold accounted for that amount today, analysts said.

NEW DELHI(BullionStreet): India continued to limit the flow of gold to the country by Non Resident Indian's (NRI) by sticking to an old law which stipulates heavy taxes for carrying any gold valued at more than Rs20,000.

NRI's can bring two kilograms of gold for that amount in 1967 when the law was framed but a meagre six grams of gold accounted for that amount today, analysts said.

For a men passenger the quantity dropped further to three grams. The law is unlikely to be changed despite assurances from a senior minister that government is considering a change to the law, they added.

Recently, Minister for Overseas Indian Affairs Vayalar Ravi said the limit should be based on the quantity of the yellow metal rather than the price.

Currently an Indian law dating back to the 1960s states that women travelers are supposed to pay tax for carrying gold valued more than Rs20,000.For men the limit is further reduced by 50 per cent.

However, most home bound Indians, who usually carry sizable amounts of gold jewelry, were caught unawares at airports in India.

They are being asked to declare the gold in their possession at the Indian airports and to pay duty on the "excess quantity".

Any excess gold will have to pay 10 percent of the value plus three percent of the duty as an education tax.

India fixed the price of gold in dollar terms for the sake of duty collection alone and has been revising rates on a monthly or fortnightly basis.

Indians living abroad especially the Gulf have been campaigning for a raise in the limit of gold (to at least 100 grams) they are allowed to carry when traveling to India.

[dosto]

SILVER NEWS
Industrial silver demand to decline 6% this year – Silver Institute

A report for the Silver Institute projects a new record high in silver industrial demand in 2014, which account for 57% of total silver fabrication in that year.
Related Stories



Author: Dorothy Kosich
Posted: Wednesday , 21 Nov 2012

RENO (MINEWEB) -

A new Thomson Reuters GFMS report, commissioned by the Silver Institute, forecasts a downturn in silver industrial demand this year to 454.4 million ounces, "although a recovery in 2013 will see these losses entirely recouped.

"…It should be of little surprise that use of silver in industrial applications slowed in 2012,” said the report. “Indeed the start of the year saw industrial offtake remain extremely weak in a number of key markets, following the steep drop of late-2011."

"That said, the fact we are forecasting a decline appreciating 6% for the full year total indicates the extent of the recovery we expect to see in approach to year end. This is partly thanks to the fact that some market segments will outperform others, helping to limit the expected losses for 2012," said GFMS.

The largest end-use of silver fabrication is in the electrical and electronics sector, which includes computers, televisions and cell phones as well as photovoltaics (PV). Of that projected industrial demand this year, 40 million ounces of silver is expected to be utilized by thick film solar cells, followed by the automotive industry, and PCs and laptops.

"A modest rebound is forecast for 2013 which should recoup the losses sustained in 2012,” said Thomson Reuters GFMS. “This will owe much to a new peak in China, while a jump in the Indian market will see the country post its second highest total on record."

Looking ahead, the report anticipates a 6% rise in industrial silver demand to a new record high in 2014 of 511.6 million ounces, which will account for 57% of total silver fabrication in that year.

Meanwhile, Thomson Reuters GFMS calculates that industrial silver fabrication demand will average 483.3 million ounces annually between 2012 and 2014.

In their analysis, GFMS expects silver demand to continue rising in the automotive industry with 50 million silver ounces expected to be consumed in the industry this year.

Total silver demand in cell phones is anticipated to rise 3% this year to near 13 million ounces.

GFMS expects total silver demand in the computer industry to exceed 5 million ounces this year.

Last year, silver demand in PV reached some 60 million ounces last year. "Looking ahead we forecast that the rate of growth in silver demand will slow considerably from the average of 57% seen between 2005 and 2010," said the report.

A free copy of the report is available at the following link: The Outlook for Silver Industrial Demand.

[dosto]

UPDATE 1-Newmont Mining CEO to step down in March - Reuters, Dec 3 2012 10:34AM

[dosto]

Richard T. O'Brien

Mr. Richard T. O'Brien is Independent Director at Vulcan Materials Co., Chief Executive Officer & Director at Newmont Mining Corp., President & Chief Executive Officer at Newmont Mining Corp. of Canada Ltd., President & Chief Executive Officer at Newmont Australia Ltd., and Independent Director at Inergy LP. He is on the Board of Directors at Xcel Energy, Inc., Vulcan Materials Co., Newmont Mining Corp., Inergy Holdings LP, and Inergy LP.

Mr. O'Brien was previously employed as Chief Financial Officer & Executive Vice President by AGL Resources, Inc. He also served on the board at Inergy GP LLC and Inergy Holdings GP LLC.

He received his undergraduate degree from the University of Chicago and a graduate degree from Lewis & Clark College (Oregon).


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-1.41 -2.99%

Volume 7.05m
10a
12p
2p
4p
6p

Previous close

$ 47.09

Day low

Day high

$45.64

$47.13

52 week low

52 week high

$42.95

$67.97
Insider Activity Individual
Richard T. O'Brien

Mr. Richard T. O'Brien is Independent Director at Vulcan Materials Co., Chief Executive Officer & Director at Newmont Mining Corp., President & Chief Executive Officer at Newmont Mining Corp. of Canada Ltd., President & Chief Executive Officer at Newmont Australia Ltd., and Independent Director at Inergy LP. He is on the Board of Directors at Xcel Energy, Inc., Vulcan Materials Co., Newmont Mining Corp., Inergy Holdings LP, and Inergy LP.

Mr. O'Brien was previously employed as Chief Financial Officer & Executive Vice President by AGL Resources, Inc. He also served on the board at Inergy GP LLC and Inergy Holdings GP LLC.

He received his undergraduate degree from the University of Chicago and a graduate degree from Lewis & Clark College (Oregon).
Transactions
Date Shares Transaction Value
03/01/2012 3,792 Disposition at $58.31 per share. 221,112
03/01/2012 31,706 Award at $0 per share. 0
03/01/2012 17,560 Disposition at $58.22 per share. 1,022,344
03/01/2012 7,089 Disposition at $58.12 per share. 412,013
03/01/2012 41,422 Award at $0 per share. 0
02/28/2012 4,288 Disposition at $61.54 per share. 263,884
02/28/2012 46 Disposition at $59.79 per share. 2,751
09/13/2011 40,000 Disposition at $63.22 per share. 2,528,800
09/13/2011 40,000 Derivative/Non-derivative trans. at $42.06 per share. 1,682,400
03/01/2011 7,016 Disposition at $54.84 per share. 384,758
03/01/2011 8,261 Disposition at $54.87 per share. 453,282
03/01/2011 19,663 Award at $0 per share. 0
02/28/2011 5,603 Disposition at $56.15 per share. 314,609
02/28/2011 41,711 Award at $0 per share. 0
02/25/2011 1,571 Disposition at $54.34 per share. 85,369
02/23/2011 3,783 Disposition at $57.65 per share. 218,090
04/30/2010 4,807 Disposition at $54.68 per share. 262,847
03/01/2010 6,057 Disposition at $50.89 per share. 308,241
03/01/2010 50,071 Award at $0 per share. 0
02/25/2010 1,497 Disposition at $49.29 per share. 73,788
02/23/2010 3,733 Disposition at $46.3 per share. 172,838
02/09/2010 818 Disposition at $45.21 per share. 36,982
05/01/2009 9,140 Disposition at $39.22 per share. 358,471
02/26/2009 4 Disposition at $39.97 per share. 160
02/26/2009 1,597 Disposition at $40.01 per share. 63,896
02/24/2009 144 Disposition at $41.89 per share. 6,033
02/24/2009 4 Disposition at $40.3 per share. 162
02/24/2009 2,200 Disposition at $40.2 per share. 88,440
02/24/2009 1,744 Disposition at $40.21 per share. 70,127
02/23/2009 35,423 Award at $0 per share. 0
02/09/2009 100 Derivative/Non-derivative trans. at $41.51 per share. 4,151
02/09/2009 300 Derivative/Non-derivative trans. at $41.5 per share. 12,450
02/09/2009 435 Derivative/Non-derivative trans. at $41.49 per share. 18,049
10/31/2008 100,000 Award at $0 per share. 0
10/27/2008 892 Derivative/Non-derivative trans. at $22.65 per share. 20,204
02/25/2008 14,948 Award at $49.45 per share. 739,178
02/25/2008 145 Derivative/Non-derivative trans. at $49.45 per share. 7,171
02/07/2008 837 Derivative/Non-derivative trans. at $50.05 per share. 41,892

[dosto]

Also für mich hat der Herr Bänkster-Status genauso wie die Investmentbänker?

Ich zähle seit 2010

234.573

erhaltene Shares

for nothing money Einsatz seinerseits.

Das ist ein 8 Millionen Bonus.

Gibts noch mehr dieser Herren bei Goldminen.

Sicherlich, ich weiß noch von einigen.

Also Goldminer und Bänker

was unterscheidet sie in Punkto Boni

nothing,nothing,nothing,nothing.

[dosto]

Nov. 14, 2012, 4:05 p.m. EST
New Gold Announces Closing of $500 Million Senior Notes Offering

VANCOUVER, Nov. 14, 2012 /PRNewswire via COMTEX/ -- (All figures are in US dollars unless otherwise indicated)

New Gold Inc. ("New Gold") (tsx and nyse mkt:NGD) today announces the closing of its private offering of $500 million aggregate principal amount of 6.25% Senior Notes due 2022 (the "Notes"). New Gold intends to use the net proceeds of the Notes for general corporate purposes.


etwas älter,
ich bearbeite gerade die Company und bin darauf gestoßen

[dosto]

John Paulson, manager of $20 billion in hedge funds, told investors that the bulk of his losses this year came on bets that the European sovereign-debt crisis would worsen, according to a person familiar with the matter.

Paulson, speaking to clients at his firm’s annual meeting yesterday in New York, said he has reduced those positions following European Central Bank President Mario Draghi’s comments in July that the ECB was committed to preserving the euro, said the person, who asked not to be identified because the meeting was private.
Enlarge image Paulson & Co. President John Paulson



Paulson said in a February letter to investors that the euro was “structurally flawed” and would eventually fall apart. In April, the founder of New York-based Paulson & Co. told clients he was wagering against European sovereign bonds and buying credit-default swaps on European debt, or protection against the chance of default.

Paulson’s Advantage Plus fund, which seeks to profit from corporate events such as takeovers and bankruptcies and uses leverage to amplify returns, lost 3 percent in October and was down 17 percent in the first 10 months of this year. The Advantage strategy, which includes the firm’s similar Advantage Plus fund, has $6 billion in assets. Paulson Credit Opportunities, the firm’s largest strategy, with $6.1 billion in assets as of the third quarter, rose 3.8 percent in October and 6 percent this year.

Paulson lost 51 percent in his Advantage Plus Fund in 2011, mostly on a failed bet on an economic rebound.

Armel Leslie, a spokesman for Paulson & Co., declined to comment on the meeting.
Hires, Departures

Paulson said his firm added seven investment staff members this year and five departed, leaving the team at 52 people, according to the person, who attended the meeting at the Time Warner Center in Manhattan.

Among the departures was Nikolai Petchenikov, who had worked at Paulson & Co. for 12 years and was a managing director in London, Paulson said, according to the person. The firm hired Mark Gordon, a former Soros Fund Management LLC employee, to focus on energy; Rajeev Shah, formerly of Soundpost Partners LP, for technology; and Ned Dybvig, previously of Camulos Capital LP and Soros’s firm, for distressed investments, Paulson said, according to the person.

Paulson also said one of the bright spots in the U.S. economy is the recovery in housing, according to the person. Paulson, 56, became a billionaire in 2007 by betting against subprime mortgages. He started buying residential and commercial mortgage securities in late 2008 and 2009. Other hedge-fund managers who have reversed bets against the U.S. housing market include Kyle Bass of Hayman Capital Management LP and Greg Lippmann of LibreMax Capital LLC.

[dosto]

Gold miners need a reality check – BlackRock

BlackRock's Evy Hambro and Catherine Raw say that gold miners need a new way of reporting and better cost discipline.

Posted: Wednesday , 05 Dec 2012

LONDON (Mineweb) -

Blackrock’s Evy Hambro and Catherine Raw made it clear during Mines and Money London’s keynote address on Monday morning that gold miners need a reality check on the way in which they report their costs and margins.

Pulling no punches, the two fund managers pointed out there had been significant multiple erosion in the gold sector over the past few years. But, while they are clearly dissatisfied with recent performance (and this is not the first time they have said so) they did admit that there were some pleasing signs of a change in attitude among some players, particularly in the mid-tier space – although quickly added that a great deal was still needed.

"The worst thing that could happen to the sector right now," Hambro said, "is for the gold price to rise and take the pressure off the miners."

"It would be great if all the hard decisions were taken and then the gold price went up."

One of the major problems identified by the two fund managers was the manner in which the sector currently reports on costs.

"It makes no sense to try and mislead “people like us” because “all you are doing is misleading governments who turn around and then levy higher royalties,” Raw said.

Asked about the role of standardised reporting methods, Raw was quick to add that much more could be done in this area and, importantly, it should be being led by the industry.

“These companies need to be sitting down with auditors and figuring out a better way to do this.”

But, it is not just the reporting of costs, however, over which the two fund managers have taken issue.

It is the drive for growth “for growth’s sake” (a saying that has definitely become somewhat of a catch phrase within the sector of late) that the BlackRock managers argued against as well.

“The industry has always faced the challenge of finite assets.” Hambro said, not only is there a finite number of ounces in the ground, there is also a finite capacity for the mills and the smelters. If you change your price assumptions upwards all you end up doing is forcing more, lower-grade material through the mines and, as a result, your margins go down.

“If the [gold] industry hadn’t chased lower grades, would share prices be as low as they are now?” Hambro asked, before answering his own question with, “Our belief is that they would be much higher because gold miners would have made a lot more money.”


Thats what I mean.
Die Intransparenz läßt grüßen, Halbe Bilanzen,
Gewinne, die keine sind, weil die Capex nicht dagegenrechnet wird.

Alle Gold-und Silberminer-Bilanzen sind in Ordnung,
wenn man sie lesen kann.
Wer das kann stellt dann Chaos in einzelnen Companies fest.
Die Gewinne sind auf einmal verschwunden.

[dosto]

American Eagle Silber 1/1 EURO 24,40 30,17 13:09:46 Zum Anbieter
Arche Noah 1/4 EURO 6,70 8,88 13:09:46 Zum Anbieter
Arche Noah 1/2 EURO 12,80 16,37 13:09:46 Zum Anbieter
Arche Noah 1/1 EURO 24,40 29,53 13:09:46 Zum Anbieter
Arche Noah 5 Unzen EURO 127,20 156,43 13:09:46 Zum Anbieter
Arche Noah 10 Unzen EURO 256,30 301,21 13:09:46 Zum Anbieter
Arche Noah 1kg EURO 807,20 942,24 13:09:46 Zum Anbieter
Arche Noah 5kg EURO 4.102,20 4.692,59 13:09:46 Zum Anbieter
Koala 1/1 EURO 25,40 30,92 13:09:46 Zum Anbieter
Koala Silber 1Kg EURO 807,20 942,35 13:09:46 Zum Anbieter
Kookaburra 1/1 EURO 26,40 30,92 13:09:46 Zum Anbieter
Kookaburra 10 Unzen EURO 230,30 296,71 13:09:46 Zum Anbieter
Kookaburra 1kg EURO 807,20 942,35 13:09:46 Zum Anbieter
Lunar Silber 1kg EURO 807,20 942,35 13:09:46 Zum Anbieter
Maple Leaf Silber 1/1 EURO 24,40 29,64 13:09:46 Zum Anbieter
Maria Th. Taler HGL EURO 22,00 32,13 13:09:46 Zum Anbieter
Philharmoniker Silber 1/1 EURO 24,40 29,53


die gestige Loser-Mannschaft des Canada-Cup

[dosto]

Die Auswechselbank aus Vancouver sieht auch nicht besser aus.


ALU.V Anglo Aluminum Corp. TSXV Materials 0.020 0.020 0.020 0.020 12000
ASW.V Anglo Swiss Resources Inc. TSXV Materials 0.015 0.020 0.015 0.020 89000
ATC.V ATAC Resources Ltd. TSXV Materials 1.630 1.660 1.630 1.640 66847
AYN.V Anthem Resources, Inc. TSXV 0.105 0.105 0.105 0.105 3903
BNT.V Blue Note Mining Inc. TSXV Materials 0.020 0.020 0.010 0.010 3886667
CAA.V Callinan Royalties Corp. TSXV Materials 1.990 1.990 1.990 1.990 2900
CGW.V Corazon Gold Corp. TSXV Materials 0.050 0.050 0.050 0.050 38000
CLB.V Colombia Crest Gold Corp TSXV Materials 0.070 0.080 0.070 0.080 32005
CWV.V Crown Point Ventures Ltd. TSXV Energy 0.310 0.310 0.305 0.305 63532
DBL.V Darnley Bay Resources Ltd. TSXV Materials 0.030 0.030 0.030 0.030 18100
DNI.V DNI Metals, Inc. TSXV Materials 0.175 0.190 0.175 0.180 32875
EGD.V Energold Drilling Corp. TSXV 2.670 2.700 2.670 2.700 107370
ETM.V Elm Tree Minerals Inc. TSXV Materials 0.025 0.025 0.025 0.025 95500
FAU.V Fire River Gold Corp. TSXV Materials 0.065 0.070 0.065 0.070 25450
GEL.V Glass Earth Ltd. TSXV Materials 0.155 0.155 0.150 0.150 5500
GSR.V Goldstrike Resources Ltd. TSXV Materials 0.195 0.195 0.195 0.195 5000
KAM.V Kaminak Gold Corp. TSXV Materials 1.000 1.080 1.000 1.070 514552
KNX.V Knick Exploration Inc. TSXV Materials 0.035 0.040 0.035 0.040 81000
LAR.V La Ronge Gold Corp. TSXV Materials 0.175 0.180 0.175 0.180 97500
PFC.V PetroFrontier Corp. TSXV Energy 0.165 0.165 0.135 0.145 564970
PPG.V Prospertity Goldfields Corp. TSXV Materials 0.150 0.150 0.150 0.150 21750
RG.V Romios Gold Resources Inc. TSXV Materials 0.100 0.100 0.100 0.100 1000
SCG.V SelectCore Ltd. TSXV Technology 0.050 0.050 0.050 0.050 14000
SGH.V Standard Graphite Corp. TSXV Materials 0.120 0.120 0.120 0.120 11500
STG.V Sustainable Energy Technologies Ltd. TSXV Energy 0.035 0.035 0.035 0.035 90000
TDC.V Tyhee Gold Corp. TSXV Materials 0.035 0.045 0.035 0.040 634000
TU.V Tigris Uranium Corp. TSXV Materials 0.095 0.095 0.095 0.095 0
UNR.V Uranium North Resources Corp. TSXV Materials 0.030 0.030 0.025 0.025 194167
VR.V Victory Resources Corp. TSXV 0.135 0.135 0.130 0.130 160000

[dosto]

die gestige Loser-Mannschaft des Canada-Cup

sorry, aber jetzt

ATP.TO Atlantic Power Corp. TSE Energy 11.100 11.270 11.100 11.190 208006
CDU.TO Cardero Resource Corp. TSE Materials 0.435 0.435 0.435 0.435 7300
CEE.TO Centamin Egypt Ltd. TSE Materials 0.800 0.800 0.770 0.790 116783
EE.TO Exall Energy Corp. TSE Energy 0.480 0.480 0.480 0.480 2000
GIX.TO Geologix Explorations Inc. TSE Materials 0.170 0.170 0.170 0.170 9000
GNV.TO GENIVAR Inc. TSE Industrial 19.150 19.150 19.050 19.080 32375
HRT.TO Harte Resources Corp. TSE Materials 0.150 0.150 0.150 0.150 12000
ITH.TO International Tower Hill Mine Ltd. TSE Materials 2.070 2.070 2.020 2.070 20100
KGI.TO Kirkland Lake Gold Inc. TSE Materials 8.120 8.200 7.990 8.030 53507
NUS.TO Nautilus Minerals Incorporated TSE Materials 0.270 0.282 0.270 0.275 145800
PSN.TO Poseidon Concepts Corp. TSE Materials 3.460 3.610 3.460 3.560 731022
QMX.TO QMX Gold Corp. TSE Materials 0.220 0.220 0.210 0.210 11875
SCP.TO Sprott Resource Corp. TSE Materials 3.570 3.570 3.550 3.560 17274
THI.TO Tim Hortons, Inc. TSE Consumer Discretionary 46.590 46.640 46.450 46.520 264001
TS/B.TO Torstar Corp. TSE 6.620 6.660 6.600 6.640 17890
VG.TO Veris Gold Corp. TSE Materials 1.940 1.940 1.800 1.850 72875
WDN.TO Waldron Energy Corporation TSE Energy 0.350 0.350 0.310 0.315 10000
XRC.TO Exeter Resource Corp. TSE Materials 1.200 1.200 1.200 1.200 1500

[dosto]

India’s Consumer Prices Increase at Fastest Pace in Three Months
By Unni Krishnan & Tushar Dhara - Dec 12, 2012 6:52 AM GMT+0100




Indian consumer prices rose at the fastest pace in three months in November as costs of sugar and vegetables increased.

The consumer-price index climbed 9.9 percent from a year earlier, compared with a 9.75 percent advance reported earlier for October, the Statistics Office said in a statement in New Delhi today.

India’s consumer inflation is the fastest among 17 economies in the Asia-Pacific region tracked by Bloomberg. Reserve Bank of India Governor Duvvuri Subbarao held interest rates in October, and said last week that while price gains remain high, he expects they will ease in the January-March quarter.

Prime Minister Manmohan Singh’s government last week won parliamentary endorsement for its decision to allow foreign direct investment in supermarkets, a move it says can help lower food costs. The central bank meets next week to determine policy.

Vegetable prices climbed 14.74 percent last month from a year earlier, today’s statement showed, while sugar rose 17 percent and pulses gained 14.19 percent.

[dosto]

India’s Nov. Inflation Rate at 7.24%; Median Forecast 7.6
Q
Updated 1 hour ago

[dosto]

Jim Rogers: I'm Selling My US Treasuries To Buy More Gold And Silver - Gold Prices, Silver Prices
The point for now would be to take advantage of the gold & silver price weakness, like many of these gold bugs are doing. When the price breaks out of its trading range, are you really certain you won't wish that you'd purchased a lot more gold?

FOR IMMEDIATE RELEASE


PRLog (Press Release) - Dec. 18, 2012 - Although the price of gold has languished in a trading range a lot of the year, leaving some investors scratching their heads, many have been buying - and in some instances, really loading up. How High Will Silver Go? Learn More >> http://silver-dollar-values.net

It's a tad puzzling that gold hasn't busted into new highs, despite enough catalysts to move a herd of stubborn mules. But that's the hand we're dealt right now. We cannot get up from the table until the game reaches its conclusion. Besides, I believe the stall in prices is giving us one last window to purchase before prices break once and for all into greater levels for this cycle.

At least that's how a number of prominent investors and institutions are viewing the price action right now. Here's a sampling of this year's "gold bugs" and what they've been performing about precious metals lately.

Jim Rogers, billionaire and cofounder of the Soros Quantum Fund, publicly stated last month that he plans to "sell federal debt and purchase more gold and silver."

George Soros elevated his investment in GLD by a whopping 49% last quarter, to 1.32 million shares. His stake is now worth over $221 million. Many investors do not realize that he also placed call choices on GDX worth $9 million. Probably the most logical explanation is the fact that he thinks gold equities are undervalued and that there's big money to be made in them inside a year. Rare Coins, Silver Coins, Gold Coins >> http://www.silver-dollar-values.net/Selling-Gold/" target="_blank" rel="nofollow ugc noopener">http://www.silver-dollar-values.net/Selling-Gold/

Marc Faber mocks these claiming gold is in a bubble. "It's nowhere close to that stage," he says. As well as although he's currently sitting on an enormous gain, he will not take any profits. Why? "I maintain a picture of Mr. Bernanke in my toilet, and every time I consider selling my gold, I look at it and I know better!"

Brent Johnson, a San Francisco hedge-fund manager, believed in gold so much that he started his own gold fund, Santiago Capital, earlier this year. His latest video points out that there have been "278 global easing moves in the last 14 months." How does somebody not own gold in that type of atmosphere?

Don Coxe, a highly respected global commodities strategist, stated at the Denver Gold Forum that "now is the best climate I have ever noticed for an increase in gold prices." He told fund managers, mining analysts, and mining executives to prepare for considerably higher gold prices and thus greater gold-mining-stock valuations. "The opportunities ahead are the best I've noticed." He thinks a brand new gold rush is ahead for gold stocks, and that a "lustrous" rally will occur inside a year.

Jeffrey Gundlach, cofounder of DoubleLine Capital, predicts that deeply indebted nations and businesses will default sometime following 2013. Central banks might forestall these defaults by pumping even more money in to the economy - but at the risk of higher inflation in coming years. He recommends buying hard assets including gold, and also "gold-mining companies because we think about them to become bargains."

Rob McEwen, CEO of McEwen Mining and founder of Goldcorp, is buying precious metals because he believes gold will someday hit $5,000 and silver $200.

This really is only a handful of individual investors who have produced current news with their bullion purchasing. Institutions, governments, and others are participating.

The South Korean central bank added 14 tonnes (approximately 450,000 troy ounces) of gold in November, and now holds six times more than back in June of 2011. "Gold is a physical, safe asset, and allows us to deal with changes in the international monetary atmosphere more successfully," bank officials stated.

Brazil purchased 18.9 tonnes (607,650 ounces) in September and October alone. It will likely buy more, since gold still accounts for only 0.8% of its reserves.

Turkey imported 4.2 tonnes (135,000 ounces) of gold in November. It has bought 117.2 tonnes (3.7 million ounces) so far this year, almost double last year's purchases.

Central banks around the world bought a total of 351.8 tonnes of gold (11.3 million ounces) in the first nine months of 2012, up 2% from a year ago.

Even Argentina added 7 tonnes last year (225,000 ounces), and Colombia 2.3 tonnes (almost 74,000 ounces).

And obviously there is China. While absolutely nothing official has been announced by its central bank, its imports and buying routines are mind-boggling.

This information suggest in and of themselves that dips in the gold price are likely being purchased - and will continue to be bought - by central banks. They're not exactly short-term traders. Remember, central banks were net sellers as recently as 2009, so this reversal will most likely play out for years.

There is some government interference, but no slump in demand in India. This trend will continue and might even strengthen when inflation starts making front-page headlines.

Germany. A precious-metals group recently reported that Germans are increasingly buying gold because of fears about economic uncertainty, and that a third of citizens are now thinking about gold as part of their investments. "There has been a substantial increase in demand in recent months because of worry about actions taken from the European Central Bank and US Federal Reserve, as the two central banks seek to counter the euro zone crisis and slow US financial growth."

Morgan Stanley's favored metal exposure for 2013 is gold, though the business expects silver to outperform it. The bank stated that it believes "nothing has altered with gold's basic thesis: QE 3 (and 4...) and comparable commitments in the ECB and BoJ; low nominal and negative real interest rates; ongoing geopolitical risk in the Middle East; and mine supply problems."

ScotiaMocatta stated that it will "not be shocked to determine prices reach $2,200/oz." Why? "One of the primary reasons we're nonetheless bullish is because of the mess the Western world is in. Europe features a debt problem that's proving all but not possible to solve, and all efforts to date have revolved around throwing more money in the issue to prevent the monetary method from breaking down... that ought to be cause enough to become bullish."
Deutsche Bank released a new report essentially declaring that gold is money. "We see gold as an officially recognized type of cash for one main reason: it's widely held by most of the world's larger central banks as a component of reserves. We would go further, nevertheless, and argue that gold might be characterized as 'good' money, as opposed to 'bad' money which could be represented by many of today's fiat currencies."
Bank of America Merrill Lynch says gold will hit at least $2,000 from the end of 2013.

JP Morgan now accepts physical gold as collateral.
Another supply of demand from banks could be the recent change in Basel III regulations. If you haven't read about it, gold could get promoted to Tier 1 status, which means it would be considered a "zero-percent risk weighted item."

Eric Sprott lately wrote, "If the Basel Committee decides to grant gold a favorable liquidity profile below its proposed Basel III framework, it will open the door for gold to compete with cash and government bonds on bank balance sheets - and provide banks with an asset that really has the chance to appreciate. Given that US Treasury bonds pay little to no yield these days, if offered the choice between the 'liquidity trifecta' of cash, government bonds or gold to meet Basel III liquidity requirements, why wouldn't a bank select gold?"

None of these parties think the gold bull marketplace is over, or the price too high. They recognize the implications of a globe floating on fiat currencies, and that government "solutions" to debt and deficit spending will significantly - perhaps catastrophically - dilute the value of currencies, the fallout of which has however to materialize. As for me, I think that the longer the malaise continues, the more most likely the breakout would be to be each sudden and dramatic.

We can all speculate about when the next leg up for gold will kick in, but the point for now would be to take advantage of the weakness, like many of these gold bugs are doing. When the price breaks out of its trading range, are you really certain you won't wished you'd purchased a lot more? How High Will Silver Go? Learn More >> http://www.silver-dollar-values.net

[dosto]

Obiges ist ein Auszug aus dem Bullshit- Kitco -Bord

[dosto]

Part 1

Jim Rogers, billionaire and cofounder of the Soros Quantum Fund, publicly stated last month that he plans to "sell federal debt and purchase more gold and silver."

Wer hätte das gedacht. Rogers hält Federal Debt.

Nachdem bereits 4 Jahre zum Ausstieg riet und Rohstoffe aller Art powerte.
Erklärt er hiermit, daß er bis heute Dederal Debt hält.
Einige dürfen sich wohl als verswchewißert ansehen.
Er suggerierte des öfteren davon nichts zu haben und die Finger wegzulassen.

[dosto]

George Soros
Marc Faber

Brent Johnson
Don Coxe


Die Aufzählung nder üblichen Verdächtingen ist nach Jahren auch nicht mehr orginell. Es sieht jetzt dann so aus, wie halt Mainzer KarnevaL GEMACHT WIRD:

[dosto]

Brazil purchased 18.9 tonnes (607,650 ounces) in September and October alone. It will likely buy more, since gold still accounts for only 0.8% of its reserves.

LOGISCH:

BRASILIEN HAT FAST KEIN GOLD IM TRESOR UND ZUDEM SEIT jAHREN EINE STEIGENDE
FÖRDERUNG: dIE ZB KAUFT NATÜRLICH GOLD ABER IN ERSTER LINIE AUS DEM GRUND
DASS ES NICHT DAS LAND VERLÄSST

[dosto]

Turkey imported 4.2 tonnes (135,000 ounces) of gold in November. It has bought 117.2 tonnes (3.7 million ounces) so far this year, almost double last year's purchases.

yEP; MIT SOFORTIGER uMLEITUNG NACH tEHERAN:

dORT IST DIE wÄHRUNG BEREITS AM ENDE
AUSSERDEM SIND SIE QUASI WEG VOM BANKENMARKT
DER DOLLARFLUSS IST GEBREMST UND KONTROLLIERT
OHNE GOLD KOMMEN DIE NICHT AN DOLLARS:
OHNE DOLLARS KOMMEN SIE AN KEINE IMPORTE:

[dosto]

Even Argentina added 7 tonnes last year (225,000 ounces), and Colombia 2.3 tonnes (almost 74,000 ounces).

BEIDES LÄNDER AM RANDE DES NERVENZUSAMMENBRUCHS
UM ÜBERHAUPT GEGEN ABWERTUNG UND INFLATION ANZUKOMMEN
AUSDEM HEUTE AUCH PRODUZENTENLÄNDER: GLEICHES VERHALTEN NICHT
ALLES GEHT IN DEN EXPORT EIN TEIL BLEIBT IM LANDE:

[dosto]

And obviously there is China. While absolutely nothing official has been announced by its central bank, its imports and buying routines are mind-boggling.

ZU CHINA FÄLLT EINEM NICHT VIEL EIN:
DA DARF MAN DANN FREI NACH WILHELM BUSCH

[dosto]

Germany. A precious-metals group recently reported that Germans are increasingly buying gold because of fears about economic uncertainty, and that a third of citizens are now thinking about gold as part of their investments

kÖNNTE SICH UM DIE BEKANNTE gESELLSCHAFT HANDELN; DIE HIER JEDER KENNT
LEIDER IST ALLES NICHT NACHPRÜFBAR; ZAHLEN UND STATISTIKEN LIEGEN
NICHT VOR: HIER WIRD MIT VORGEHALTENER HAND GEFLÜSTERN:
MEHR WHISTLEBLOWERTUM ANSTATT FAKTEN

[dosto]

Morgan Stanley's
ScotiaMocatta
Deutsche Bank


ALLES MARKTTEILNEHMER MIT INTERSSE AM GESCHÄFT UND AN DER LAGERUNG

[dosto]

Eric Sprott lately wrote, "If the Basel Committee decides to grant gold a favorable liquidity profile below its proposed Basel III framework, it will open the door for gold to compete with cash and government bonds on bank balance sheets - and provide banks with an asset that really has the chance to appreciate. Given that US Treasury bonds pay little to no yield these days, if offered the choice between the 'liquidity trifecta' of cash, government bonds or gold to meet Basel III liquidity requirements, why wouldn't a bank select gold?"


ERIC SPROTT UND SEINE UREIGENEN WIRREN GEDANKEN
JEDES WORT ZUVIEL

[dosto]

FAZIT

PRIMITVER ARTIKEL FÜR NEANDERTALER

[dosto]

Gold geht gerade ein bißchen runter

logischerweise ist alles

Gold Down Sharply, at 3.5-Mo. Low, on Technical Selling, Stops Hit; Manipulation Discussed -


Goildbugs können nichteinmal normale Schwankungen mehr aushalten,
ohne mit Verschwörungsformel zu drohen.
#Man hat reichlich abgewirtschaftet

[dosto]

Illicit Flows
More than $600 billion was smuggled out of China last year
By Tim Fernholz — October 28, 2012
Bon voyage, billions! The wealth of Chinese Premier Wen Jiabao’s family includes lucrative cross-border investment.AP Photo/Andy Wong

Whether it’s the fortune of Chinese Premier Wen Jiabao’s family or the downfall of disgraced party leader Bo Xilai, more attention is being paid to the capital that China’s wealthiest send out of the country. Now we know more about the amount of money that has eluded Chinese capital controls (which forbid citizens to send more than the equivalent of $50,000 abroad) in recent years: $3.7 trillion between 2000 and 2011, and more than $600 billion in 2011 alone.

Global Financial Integrity, an NGO that attempts to track illicit capital flows, detailed those findings in a new report. The bulk of its estimate, 86.2%, comes from alleged trade mispricing, as Chinese exporters massage reported sales figures with help from their foreign partners to hide profits abroad. But there are many ways for funds to find their way overseas, from art to gambling. Over the last six years, GFI believes some $596 billion in Chinese funds have been moved to tax havens.

While GFI’s estimates are large, it’s clear this is a very real phenomenon: A more conservative figure for outflows from a Standard Chartered bank economist relying only on public data suggests that at least $71 billion left China just this past summer. Another recent estimate suggests some $225 billion left in the year leading up to September 2012.

Some of that money is sent “round-trip” to tax havens like Hong Kong and the British Virgin Islands to return as preferential “foreign” direct investment, which is subject to government tax concessions, loan guarantees and other public considerations.

As “naked officials” send their families as well as their fortunes abroad, Chinese leadership fears a loss of public trust. The ruling party is pushing reform measures and censoring news of the fortunes of leading political families, but Chinese citizens appear skeptical that much will change: Concerns about inequality and corruption in the country have increased over the last four years.

If the country’s economy continues slowing, there will be both a greater need for that capital in China and a greater incentive to send it abroad, a tension that no doubt troubles the minds of the country’s next generation of leaders as they take power this month. A sign of their concern: Last year, China’s central bank released figures suggesting some 18,000 officials had left the country with $130 billion between 1995 and 2008, but quickly scrubbed the figures from the record.

While the capital flight isn’t large enough to trigger a financial crisis, it does pose long term problems, the GFI study notes. It exacerbates wealth inequalities, since it’s the already rich who have the means to shelter their riches abroad; and it degrades trust in the government. In economic terms, round-tripping makes Chinese investment inefficient, and tax evasion will become a larger problem as the country seeks to rebalance itself to support a consumer economy and fund stimulus projects to fight a growth slow-down. ”The social, political, and economic order is not sustainable in the long-run given such massive illicit outflows,” Dev Kar, an economist and co-author of the GFI study, said in a statement.

[dosto]

Top 10 countries with the highest measured cumulative illicit financial outflows between 2001 and 2010 were:



China: US$2.74 trillion


Mexico: US$476 billion



Malaysia: US$285 billon
Saudi Arabia: US$210 billion
Russia: US$152 billion
Philippines: US$138 billion
Nigeria: US$129 billion
India: US$123 billion
Indonesia: US$109 billion
United Arab Emirates: US$107 billion

[dosto]

On December 19, 2012 Australian Securities and Investment Commission (ASIC) published that a former executive vice president of BG Group plc, a large international gas company, has today been jailed for insider trading following an ASIC investigation. New South Wales Supreme Court Justice Lucy McCallum sentenced Dr Stuart Alfred Fysh to two years imprisonment and ordered he spend at least 12 months in prison before being eligible for parole

[dosto]

Chinese copper mine triggers nationwide protests led by Buddhist clergy
Marc Howe | December 21, 2012



Myanmar_China_copper_mine

Protests against a China-backed copper mine have spread throughout the South-east Asian nation of Myanmar, with members of the Buddhist clergy at the fore of demonstrations.

The Global Post reports that the protest movement against the Letpadaung copper mine has been inflamed by a brutal government crackdown on local demonstrations at the end of November, spreading far beyond the cluster of farming villages directly affected by the project.

Demonstrators led by Buddhist monks have staged hundreds of rallies throughout the country, with protests also held in the major cities of Yangon and Mandalay.

Local residents have long expressed concern over the environmental and health impact of the project, with many claiming that the mine's operation has left well water unfit for consumption and led to an increase in birth defects.

The extensive land grabs entailed by the project also inflamed local sentiment. Eurasia Review reports that 7,800 acres of farmland in the area have been confiscated and farmers from 66 villages forcibly relocated.

The development of the Letpadaung copper mine has seen the excavation of ore-rich mountains in the area, as well as the construction of a sulfuric acid factory near local communities and the dumping of contaminated waste soil from copper processing.

The mine is a joint venture between China's Wangbao and the military-controlled Union of Myanmar Economic Holdings.

Following the staging of twenty-four hour protests by both monks and local villagers at the end of November, the government said explicitly to demonstrators that it was scared of compromising Chinese interests in Myanmar. Authorities then imposed a harsh crackdown on protests using water cannons and incendiary devices, leaving dozens of people injured.

The protest movement is a major blow to Chinese interests in the region, who have sought to deploy "soft power" to shore up access to minerals and energy.

[dosto]

BASE METALS
Fitch 2013 outlook stable for LatAm iron ore, copper and other base metals

Next year’s outlook for Latin American industrial metals miners remains stable as companies are expected to remain profitable despite commodity price volatility, said a new Fitch Ratings report.
Author: Dorothy Kosich
Posted: Thursday , 20 Dec 2012

RENO (Mineweb) -

Metals and mining companies in Latin American exhibit very low leverage, strong debt and interest coverage ratios, and high levels of liquidity, “enabling them to absorb the impact of price volatility without endangering their credit profiles during 2013,” said Fitch Ratings Director Jay Djemal.

However, in the new Fitch Ratings report, 2013 Outlook: Latin American Metals and Mining, made public Wednesday, the credit ratings agency observed that higher operating costs remain entrenched.

“Higher operating costs will continue in 2013 for metals and mining,” said the report. “Cost pressures will increase for power, fuel, labor, operating materials, and maintenance.”

“Engineering costs have also increased due to a dearth of qualified mining exports,” Fitch noted. “Cost efficiency programs will help tackle the higher cost environment in 2013.”

COPPER

Nevertheless, Fitch Ratings considers Latin American copper miners a safe bet in the long term as global copper consumption is expected to grow at an annual average of 4% next year based on expectations of a soft landing in China and an anemic economic recovery in developed nations.

“Copper prices are supported by strong demand fundamentals, with Fitch’s price assumptions at $3.40 per pound in 2013,” said Fitch analysts Wednesday. Their long-term price assumption is $2.72/lb in 2014.

“The Latin American copper mining companies rated by Fitch exhibit a robust track record in their long-term credit ratios. They are expected to maintain their low leverage and strong coverage ratios through the next year,” the analysts advised.

The world’s largest copper company, Codelco, “has exhibited very strong long-term average credit metrics commensurate with its ratings category, and is well placed in the second quartile cost curve to withstand the lower copper price environment expected in 2013.”

The lowest cost copper producer in Fitch’s Latin American universe is Southern Copper Corporation with a cash cost per pound of copper of 65-cents net of by-products during the first nine months of this year. “SCC will continue to be very profitable at Fitch’s mid-cycle copper price assumptions for 2013 and 2014,” said the analysts.

“Issues that will continue to affect the sector in 2013 are declining ore grades and increased operating costs, namely labor, materials and energy,” said Fitch.

IRON ORE

Fitch’s iron ore price assumption in 2013 is US$110/metric ton, with a long-term price ranging from $90/mt to $100/mt for 2013 on.

“These prices are above marginal cost and will allow iron ore companies with high grade ore content, such as Vale, to continue to report healthy profitability in their iron ore operations during the next year,” the analysts advised.

“Vale has responded to less-than-ideal market conditions in a manner consistent with Fitch’s expectations,” said Fitch. “Measures taken by Vale include divesting noncore assets, closing production facilities, reducing capex, and adjusting dividend levels to ensure a strong capital structure that will enable key projects such as D11D and Moatize to be funded without a dramatic change in the company’s underlying credit quality.”

However, Fitch analysts were less confident of the outlook for the Samarco Mineracao iron ore pellet joint venture between Vale and BHP Billiton.

“Lower demand for iron ore products in recent months as a result of the ongoing European sovereign debt crisis and a slowdown in growth in China has led to a significant decrease in prices,” Fitch observed. “This will impact Samarco’s profitability during 2013 with Fitch’s base case projects indicating an EBITDA margin around 45%.”

Meanwhile, Fitch advised that Chile’s dominant steel and iron ore company, CAP S.A. “is well placed to withstand the challenges in the sector anticipated during 2013,” thanks to a sustained conservative capital structure and strong credit metrics throughout this year.

NICKEL

As demand for stainless steel has been softening and is expected to remain fairly flat this year, “Fitch expects stainless steel production to remain at current levels through 2013 absent restocking through the supply chain.”

Nickel’s primary use is in the manufacture of stainless steel. Nickel prices are currently below marginal cost (estimated at $9/lb) and above average costs for nickel in pig iron (NPI) (estimated at $7.50/lb).

“Fitch believes the nickel market will be fairly balanced through 2013 with NPI curtailments but the market is at risk of oversupply,” said the analysts. “There has been a dearth of additions to the project pipeline, which should result in tighter supply beyond 2017. Fitch expects nickel producers at average costs to earn EBITDA margins of 15% on average over the next 18-24 months.”

ZINC

Fitch anticipates zinc prices will remain above marginal cost next year.

The World Bureau of Metal Statistics reported zinc surpluses of 293,000 metric tons for the first nine months of this year. Some portion of excess zinc stocks is tied up in financing transactions.

Fitch expects excess zinc capacity to persist through 2013 with a likelihood of surplus production. “Longer term, closure of large mines reaching the end of reserves will help bring the market into balance,” Fitch analysts advised.

Fitch expects zinc prices to remain above the marginal cost of 70-cents per pound and EBITDA margins for average cost producers of 20%.

Peru’s Volcan Compania Minera benefits from being a first quartile producer of zinc, mainly because of its by-products of silver, lead and copper. The company has historically generated strong cash flows are a result of its low-cost position that was just $0.024/pound for the first nine months of this year.

“This position will allow the company to remain highly profitable among its peers in the zinc industry during 2012,” Fitch analysts advised.

[dosto]

GOLD ANALYSIS
UPDATE: 2012 gold price performance really disappoints readers and experts alike

Gold price predictions for 2012 at the beginning of the year from experts and non-experts alike have virtually all proved to be far too optimistic.
Related Stories

‘


LONDON (Mineweb) -

As the year draws to a close it would appear that very few of the more than 100 of you who entered this year’s Mineweb gold price competition have come anywhere near close to the reality. Mineweb readers are obviously, for the most part, a pretty bullish community as far as precious metals are concerned, and although in past years average predictions have actually been pretty good given the gold price’s good annual rises year on year, the yellow metal’s 2012 performance has not (barring a huge jump in the last week of the year) come up to readers’ expectations – or anywhere near. With gold being marked down almost daily any big increase between now and December 31 seems highly unlikely.

To recap the average year-end gold price prediction from our competition entries from January this year was $1981 and the average gold price high prediction for the year $2202 – neither of which look as though will even come close. Definitely the worst reader performance since we started the competition four years ago.

However entrants shouldn’t be too despondent with regard to their performance. Even the experts have proved to be a little awry in their predictions this year. For example, the London Bullion Market Association, which also runs an annual gold price competition, saw this year’s average high across all its entries at $2,055. It doesn’t ask for a year end prediction. In the event that actual high for gold to date during the year was some $265 below this level – and somehow we don’t expect even this to be achieved between now and the year end, let alone the Mineweb readers’ prediction!

So what has happened this year which has made gold’s performance so much poorer than expected (with only around a 3.5% rise from its first January fixing of $1590 given the recent falls in the gold price). Some will put it down to some strange market dealings which seem to have been designed to drive the price down whenever it looked like taking off, while others ascribe it to a diminishing returns effect on bad economic news. There’s been so much bad news over the year that it no longer seems to have a significant impact. Not even QE3 and QE4 in the U.S. caused any significant upwards move, unlike QE1 which drove prices hugely higher at the time.

The gold price moves on economic-based sentiment as much as, or more than, fundamentals. All the factors that have fuelled gold’s rise over the past 12 years remain with us – indeed are perhaps even more apparent today than they were at the beginning of the bull run. However it has to be said that the machinations in the market noted above, with every upwards move seemingly countered by massive gold futures selling at market dominating levels with huge numbers of contracts sold all at once, has indeed had the effect the sellers have been trying to achieve. That is to drive weak holders out of the gold market. Indeed the volatility so generated has probably opened the doors to the sellers being able to buy back at lower prices, see gold move up, and then repeat the cycle. Hardly an efficient market mechanism and one which is thus obviously open to significant manipulation by those with incredibly deep pockets. Perhaps not much different from bear raids on stocks seen in the markets – but moves that can only be initiated by institutions (a term used generally rather than specifically) with enormous capital backing.

What the motives are for the heavy COMEX selling are obviously open to interpretation which largely follows pre-conceived notions on market trading theory and practice. But whatever these are they have definitely been effective in subduing the gold bull market, which many analysts believe remains in place nonetheless. Indeed it appears that sales of physical gold and of gold ETFs have been relatively little affected so far suggesting this is moving into stronger hands who look mainly at the long term picture rather than in short term trading for profit. The big question is will these raids on the gold market come to an end – and if so, when?

This year the onset of the New Year saw a good pick up in the gold price after a weak December. Gold bulls will be hoping that 2013 repeats the pattern.

[dosto]

Capstone forecasts significant cash cost increase in H1 2013

Capstone Mining cites higher costs in initial underground mining at Minto in the Yukon for H1-2013 surge in cash costs.
Related Stories

Copper miner Capstone Mining Q1 output rises 11%
The case for Capstone's strong first quarter

Author: Kip Keen
Posted: Thursday , 20 Dec 2012

VANCOUVER, BC (MINEWEB) -

Copper-miner Capstone Mining released its 2013 production outlook, forecasting small increases to both copper output and total cash costs overall, but a significant increase in the first half 2013.

In an overview of expected production for next year, Capstone pegged copper output at 85 million pounds, give or take five percent, at cash costs between C$1.65 to C$1.75.

That compares to 2012 in which Capstone expects to produce 80 million pounds copper at cash costs between C$1.55 to C$1.65.

Capstone said, however, that because of the transition to underground mining at its Minto mine in the Yukon that cash costs would jump higher early in the year, but then moderate in the second half of 2013.

Per Capstone: “Cash costs will be significantly higher in the first half of the year at Minto due to the immediate recognition of the mining costs associated with low grade ore (reserve grade ore that is less than 1% copper, including low grade partially oxidized ore). Lower cash costs in the second half of the year will be driven by higher grade ore that will be accessed both from the Area 2/118 open pit as well as from the underground workings.”


Klare Ansage, so gehört sich das.

[dosto]

OUTLOOK 2013: Analysts' Silver Forecasts
Friday December 21, 2012 12:00 AM

(Kitco News) - A number of analysts shared their outlooks on silver in 2013 with Kitco News. Following is a compilation of their views on price action and factors they see as most likely to impact the market.

Barclays Capital

Barclays looks for silver to average $32.50 an ounce in 2013. The bank says the metal remains dependent upon investor interest, since otherwise combined supply from mines and scrap recovery is expected to remain above fabrication demand.

Barclays projects mine production in 2013 of 25,587 metric tons, up from 24,951 estimated for 2012. This would represent a 15% gain since 22,229 in 2008, while an economic slowdown since has meant a dip in fabrication demand.
“Industrial demand for silver has softened throughout 2012, and the picture looks unlikely to firm in the coming months, thus exposing silver’s dependence on investor demand,” Barclays sai. The bank later adds: “In our view, silver is set to retain the most volatile price action among metals over the coming year.”

BNP Paribas

BNP Paribas forecast silver to average $39.05 an ounce in 2013, rising in a climate of improving economic growth and continued monetary easing.

“In our view, investment demand has further room to increase in the coming months if interest in gold recovers,” BNP Paribas said.

The bank cautioned that investment may become more “subdued” after the first half of the year if markets start anticipating the withdrawal of monetary easing. “In this regard, we could see some profit taking in the latter part of 2013,” BNP Paribas said.

Meanwhile, the bank said it looks for industrial demand to pick up in 2013, perhaps by as much as 6% to 7%. “While a European recovery does not seem to be on the cards just now, there are clear signs that Chinese economic growth is rebounding,” BNP Paribas said. Industrial consumption declined by an estimated 6% during 2012, largely due to the poor economic climate in Europe, BNP Paribas said.

“Mine supply may be largely stable in 2013 but should return to growth in 2014,” BNP Paribas said. Scrap supply is expected to increase in 2013, supported by higher silver prices.

Commerzbank

Commerzbank forecast an average silver price of $40 an ounce in 2013. “All in all, we are confident that the price of silver will find support from a variety of factors next year and will be able to gain considerable ground,” the bank said.

Investment interest often moves up and down with that of gold. However, Commerzbank cited a November report from Thomson Reuters GFMS, commission by the Silver Institute, showing that industrial demand for silver is expected to rebound after a decline this year. Thomson Reuters GFMS looks for industrial demand to fall by 5.7% in 2012, but bounce by 6.5% to 484 million ounces in 2013 as the global economy recovers. Industrial uses are expected to rise to 57% of total silver fabrication in the next couple of years from 54% last year.

“Silver is thus establishing itself as a precious metal with an industrial character, setting itself significantly apart from gold, which relies on its role as a safe haven,” Commerbank said.

Morgan Stanley

Silver, along with gold, are among the top commodity picks for 2013 by Morgan Stanley. The firm described the metal as a “cheap proxy to gold” but said to expect relative outperformance. Morgan Stanley’s average 2013 forecast is $35 an ounce.
“Silver remains an attractively priced safe haven commodity relative to gold,” Morgan Stanley said. Silver’s volatility, vulnerability to cyclical weakness in industrial demand and supplies can at times leave it “less fundamentally supported” than gold, the firm said. Nevertheless, with potential for technical and momentum for trend-following investors, and signs of improvement in electronic demand, “we expect silver to outperform gold again in 2013,” Morgan Stanley said.

The gold/silver ratio was forecast to average 53.0 during 2013, compared to an average of 60 since 2000.

“Demand from electronics, automobiles, photovoltaic cells and jewelry is making up for the collapse in photographic and coin and medal demand, Morgan Stanley said. “There is a risk that total fabrication demand growth could remain tepid in the current growth environment. However, given slowing production growth, we see demand outpacing supply for at least the next two years.” Morgan Stanley said it forecasts exchange-traded-fund inflows of 500 metric tons of silver in 2013.

Societe Generale

Silver should move higher in conjunction with gold for much of 2013, but then peak, said Societe Generale. The firm’s full-year forecast is $34.

The bank looks for a rise to $40 in the first quarter as gold also increase in response to continued inflationary fears and loose monetary policy. Societe Generale looks for gold to lose its upward momentum during 2013, however, particularly as confidence in the economy improves. If so, silver likely would come under some pressure with gold, the firm said.

Industrial demand for silver was under pressure in 2012, due to factors such as the decline in photographic use, poor sales in the electrical and electronics sectors and struggles for the solar industry amid phasing-out of government subsidies in Europe, SocGen said. “The global outlook for 2013 and 2014 is much better. Our expectation for an accelerating economic recovery in the second half of this year underpins the prospect for revived consumer purchases. This is bullish for the electrical and electronics sectors, especially when combined with some replenishment of the stock pipeline.”

SocGen looks for 2% growth in mine supply for 2012 and 2013.

TD Securities

TD Securities looks for silver to outshine gold in 2013, projecting an average price of $40.52 an ounce.

The bank cited loose monetary policy in a number of key nations, hopes for Europe to resolve macroeconomic issues, fears of potential inflation, central-bank buying and improvement in China’s economy as factors likely to benefit gold.

“Silver, should benefit from this dynamic, but it could also be helped by increased industrial demand,” TDS said. “We expect this metal to be near deficit, with a considerable risk of a shortage. Given the metal’s volatility, it should outperform gold with a price near $44/oz when it reaches its late-2013 highs. Silver does better in gold bull markets.”

UBS

The bank forecast silver to average $36.80 an ounce in 2013.

“Silver is set to outperform in the current accommodative policy environment, especially as risk sentiment remains generally buoyant,” UBS said. “Barring any major risk-off event, we expect this trend to continue in 2013 against the backdrop of QE from the Fed and loose monetary policy from other key central banks. In terms of day-to-day direction, though, silver lacks its own internal drivers and should continue to look to gold for guidance.”

There is some downside risk due to still subdued global economic growth, UBS said. This can dent industrial use of the metal.

“Despite downside risks to fundamental demand, it is ultimately investor appetite that drives silver’s price action,” UBS said. “The price is therefore likely to be more buoyant than what may be suggested by supply-and-demand fundamentals.”

[dosto]

OUTLOOK 2013: Analysts' Gold Forecasts
Friday December 21, 2012 11:58 AM

(Kitco News) - A number of analysts shared their outlooks on gold in 2013 with Kitco News. Following is a compilation of their views on price action and factors they see as most likely to impact the market.

Barclays Capital

Barclays looks for gold to average $1,815 an ounce in 2013 and says it retains a “positive view,” although the bank in mid-December lowered its prior forecast of $1,860.

As 2012 winds down, the bank cited some divergence among market participants. Gold holdings of exchange-traded funds remained around record highs, showing interest from long-term investors. Coin sales also picked up late in the year. However, tactical short-term traders cut their net-long positioning.

“We think speculative positioning predominantly reflects the lack of conviction in gold as we approach year-end,” Barclays said. “However, in our view, a number of positive macro catalysts still exist that could support a move higher in prices. Beyond the (Federal Reserve) balance sheet expansion, uncertainly still lingers over the U.S. fiscal cliff and debt ceiling, while our economists continue to expect Spain to request a precautionary program.”

BNP Paribas

Gold could hit a record high in 2013 due soft monetary policy, less tail risk related to a breakup of the eurozone and ongoing support from physical demand, said BNP Paribas. The bank forecast an average of $1,865 in 2013.
BNP Paribas economists look for global economic growth to rebound to 3.4% year-on-year next year from 3.1% in 2012. Still, economies “are not yet out of the woods,” meaning potential for more monetary accommodation, BNP said.
“After that, the fundamentals of the precious metal will turn progressively more negative, as the market starts to anticipate a withdrawal of monetary easing measures in line with improving economic growth,” BNP Paribas said. “We expect gold to average US$1,780/oz in 2014, the first annual decline in 14 years. The extent of the decline will, however, be limited as gold will continue to attract investor flows thanks to its diversification and safe haven properties.”

Commerzbank

Commerzbank looks for gold to at least temporarily exceed $2,000 an ounce in 2013. The bank’s full-year forecast is $1,950.

“Investment demand should profit further from the low and negative real interest rates, for the leading central banks will continue to pursue their ultra-loose monetary policy in 2013 in a bid to shore up the economy and stabilize the financial markets,” Commerzbank said. “For fear of losing purchasing power due to inflation and a devaluation race, investors will increasingly seek refuge in gold as a store of value and alternative currency. Gold ETFs should thus see inflows, while sales of coins and bullion can be expected to gather pace once again.”

Commerzbank said one headwind from 2012 – weaker Indian demand – should abate next year. Buyers in the country should become accustomed to higher prices from increased duties on gold imports and weak rupee, plus the monsoon season is not likely to be as poor as in 2012, which would mean improved rural incomes, the bank said. Further, an expected economic upturn in China should mean more demand from this nation, while global central banks are likely to remain net buyers, Commerzbank added.

CPM Group

In a mid-December commentary, the consultancy said it anticipates a “downward shift” in prices for a number of commodities in 2013, including gold, silver, oil and some of the base metals. CPM Group cited worries about the strength of the economies in the U.S., China, India, and Europe.

In the case of the U.S., resolution of the fiscal cliff meaning some combination of higher taxes and lower spending could in turn mean disinflationary pressures.

“Gold prices may be weak for an extended period, possibly averaging 1.0% lower in 2013 from 2012 levels,” CPM Group said. “Prices averaged $1,670 this year through Dec. 17, up 6.3% from the similar period a year ago.”

The consultancy also said: “Investors are expected to be more price-sensitive to gold prices in 2013, a theme that began to emerge in the last four months of 2011 and now seems to be firmly entrenched in this market.”

Dillon Gage Metals

Dillon Gage Metals Executive Vice President Roy Friedman is among those who said gold could reach $2,000 an ounce for the first time ever. In a news release from the company, Friedman cited the continuation of global financial problems, still-weak U.S. economy, inability of the government to “agree on much of anything, low interest rates and possible geopolitical problems, such as in the Middle East or Korean Peninsula.

Whenever the economy does pick up, there will be a shift toward expectations for inflation, he continued. “When that happens, precious metals will of course provide a hedge against inflation and will play a significant role in portfolio allocations," he said.
Friedman added: “While the market will remain volatile and sell-offs at times will create anxiety, I expect gold to break above $2,000 in 2013. In fact, a spike to $2,200 would not surprise me."

Global Hunters Securities

Global Hunters Securities looks for gold to surpass $2,000 in 2013 and peak close to $2,300 in 2014. The firm looks for a $1,850 average in 2013 and $1,750 in 2014.

“A wide range of sources of price support seem to be firmly in place, in our view, which should provide sustained support to gold prices,” GHS said. “Gold prices have anticipated various monetary inflation waves since 2008, and we believe these monetary conditions will persist for quite some time. Gold prices may also anticipate a future non-monetary inflationary phase in which consumer prices lift much higher than central bank overnight rates, thus creating another favorable source of price support because of gold's attractiveness during times of higher inflation.”

Meanwhile, as higher prices have eroded jewelry demand, central banks have been adding gold to reserves, GHS said.

GHS cautioned that one risk to its bullish forecast would be a tumble in equities that translates into U.S. dollar strength, GHS said. A muscular greenback tends to pressure gold, and vice-versa.

“If these effects were severe enough, then we believe that gold prices could decline by 20%,” GHS said. “A price correction would not, in our view, change the longer-term direction of gold prices. We believe that the primary trend remains higher.”

Goldman Sachs

The investment bank has said it looks for gold to average $1,810 in 2013 and $1,750 in 2014. In an early-December report, Goldman said it was maintaining a long position although using options for protection against a decline in prices. Goldman at the time put its three-month target at $1,825, but also said it sees growing downside risks and sees gold declining from mid-2013.

Goldman said its economists forecast that the U.S. economic recovery will slow early in 2013 before reaccelerating in the second half, and they also expect additional expansion of the Fed’s balance sheet.

“Near term, the combination of more easing and weaker growth should prove supportive to gold prices,” Goldman said. “Medium term however, the gold outlook is caught between the opposing forces of more Fed easing and a gradual increase in U.S. real rates on better U.S. economic growth. Our expanded modeling suggests that the improving U.S. growth outlook will outweigh further Fed balance sheet expansion and that the cycle in gold prices will likely turn in 2013.”

Still, Goldman said risks to its economic-growth outlook remain “elevated.” But “even under a weaker U.S. recovery than our economists forecast, our modeling still points to only modest upside with gold prices reaching $1,900/toz late in 2013.”

Morgan Stanley

Morgan Stanley listed gold as one of its top commodity picks for 2013, forecasting an average price of $1,853.
The third round of quantitative easing adopted by the Federal Reserve this fall, coupled with the European Central Bank’s commitment to an unlimited bond purchase program, are the most important factors for a continuing weaker trend in the U.S. dollar, and in turn a key to stronger gold prices in the short run, Morgan Stanley said. “However,
low nominal and negative real interest rates, ongoing geopolitical risk in the Middle East and continued mine supply issues are also supportive,” the firm said.

Morgan Stanley also looks for continued support to come from central-bank buying. “Moreover, the Indian jewelry and investment market is also showing signs of recovery as Indian purchasers acclimate to recent price trends amid restocking ahead of the Indian wedding and festival season.” Demand in the country was hurt during 2012 largely by a weaker rupee that made the commodity expensive in the local currency and also due to import duties.

Scotiabank

Gold may well continue to consolidate in 2013, as it did in 2012, after setting its record high in September 2011, said Patricia Mohr, vice president with Scotiabank. Gold did not draw much support from the Fed’s announcement of an expansion of its quantitative easing program in December, she said. Better-than-expected U.S. gross domestic product for the third quarter at 3.1% -- reducing “safe-haven” demand -- triggered a correction on Dec. 20, she added. Scotiabank’s forecast range for the average price of gold in 2013 is $1,700 to $1,750 an ounce.

Societe Generale

Societe Generale looks for quarterly averages of $1,802, $1,800 and $1,850 respectively in the first three quarters of 2013, before slipping towards an average of $1,750 in the final quarter. The bank’s full-year forecast is $1,800.
“The fresh strength is predicated on renewed fears of inflationary forces and currency volatility, while the U.S. dollar is also expected to remain relatively weak on the back of QE3 and the possibility of other monetary tools designed to help offset any headwinds from fiscal consolidation,” the bank said. “That said, we believe that much of these forces are partially priced into the market and that, while investors remain friendly towards gold, they are to some extent positioned accordingly.”

Eventually, however, the bank said, investment appetite is likely to soften whenever confidence in the economy builds, leading to a “gentle” price decline. “A gradual decline in interest is likely in 2014 and thereafter, but relatively robust jewelry demand, stemming from improved economic conditions, should be able to keep the price fall relatively shallow.”

The bank sees further central-bank buying, although maybe at a less aggressive pace. Also, little hedging activity is expected due to resistance from shareholders and still healthy profit margins, Societe Generale said.

TD Securities

The Federal Reserve’s “steady hand” on monetary accommodation, anticipation that eurozone governments will do what is necessary to stabilize economies, a pickup in China’s economy all should help gold move higher, says TDS. The firm’s average 2013 forecast is $1,895.

“If the U.S. central bank stays its über accommodative course, even as growth is seen to be more solid, many in the market will likely worry that monetary policy may be behind the inflation curve,” TDS said. And this would mean buying of gold as a hedge.

Further, central-bank buying of gold is likely to continue, particularly from “up-and-coming” economies. TDS looks for official-sector purchases of another 525 metric tons or more in 2013.

TDS projected that gold will approach $2,000 an ounce in the latter part of 2013. However, TDS said it anticipates that prices are likely to peak in late 2013 or the first part of 2014, whenever the U.S. yield curve steeps on expectations of a less-dovish Fed.

“So, investors would be wise to look for signs in the real economy for when this is to happen,” TDS said. “A hint: a move to more normal U.S. employment participation rates may be a good place to start.”

UBS

“We remain gold bulls,” said UBS, listing an average price forecast of $1,900 for 2013. “Ongoing uncertainty around U.S. fiscal issues, together with the view that major central banks will maintain loose monetary policies for longer, are key supports of our outlook.

“We also expect that the politicians will prevent the U.S. from going over the cliff, with an 11th-hour agreement. A ‘grand bargain’ would not necessarily be negative for gold, given its positive correlation with risk, and its lack of a fiscal premium. A compromise lacking specifics would benefit gold inasmuch as it disappoints those looking for long-run fiscal discipline. Gold’s ‘x-factor’ is a ‘cliff’ resolution that include a lift to the debt ceiling which, in turn, increases the likelihood of ratings agency action, boosting gold's popularity in 2013.”

UBS suggests the possibility of further expansion of the Federal Reserve’s balance sheet has been overlooked. Further, implementation of the European Central Bank’s Outright Monetary Transactions, and further Bank of Japan easing – both expected by UBS -- would also support gold, as would a weaker outlook for the yen, which competes with gold as a flight-to-quality asset.

“While physical demand may remain sluggish, official sector buying will compensate,” UBS said.

[dosto]

Goldbarren
Gold-Barren 1g EURO 41,00 53,00 18:42:31 Zum Anbieter
Gold-Barren 5g EURO 203,00 219,00 18:42:31 Zum Anbieter
Gold-Barren 10g EURO 399,00 427,00 18:42:31 Zum Anbieter
Gold-Barren 20g EURO 799,00 840,00 18:42:31 Zum Anbieter
Gold-Barren 50g EURO 2.022,00 2.079,00 18:42:31 Zum Anbieter
Gold-Barren 100g EURO 4.045,00 4.140,00 18:42:31 Zum Anbieter
Gold-Barren 250g EURO 10.049,00 10.310,00 18:42:31 Zum Anbieter
Gold-Barren 500g EURO 20.102,00 20.571,00 18:42:31 Zum Anbieter
Gold-Barren 1000g EURO 40.338,00 41.103,00 18:42:31 Zum Anbieter
Gold-Barren 50g - CombiBar EURO 2.012,00 2.161,00 18:42:31 Zum Anbieter
Gold-Barren 1oz EURO 1.266,00 1.303,00 18:42:31 Zum Anbieter
Gold-Barren 5g - Perth Mint EURO 203,00 223,00 18:42:31 Zum Anbieter
Gold-Barren 20g - Perth Mint EURO 799,00 845,00 18:42:31 Zum Anbieter
Gold-Barren 50g - Perth Mint EURO 2.022,00 2.090,00 18:42:31 Zum Anbieter
Gold-Barren 100g - Perth Mint EURO 4.051,00 4.149,00 18:42:31 Zum Anbieter
Gold-Barren 100g - philoro EURO 4.051,00 4.125,00 18:42:31

[dosto]

Goldmünzen
American Buffalo 1/1 EURO 1.273,00 1.330,00 18:42:31 Zum Anbieter
American Eagle 1/4 EURO 326,00 354,00 18:42:31 Zum Anbieter
American Eagle 1/2 EURO 651,00 683,00 18:42:31 Zum Anbieter
American Eagle 1/1 EURO 1.273,00 1.319,00 18:42:31 Zum Anbieter
Britannia 1/2 EURO 651,00 683,00 18:42:31 Zum Anbieter
Britannia 1/1 EURO 1.273,00 1.330,00 18:42:31 Zum Anbieter
China Panda 1/1 EURO 1.273,00 1.332,00 18:42:31 Zum Anbieter
Gold-Dukaten 1-fach EURO 140,00 151,00 18:42:31 Zum Anbieter
Gold-Dukaten 4-fach EURO 549,00 580,00 18:42:31 Zum Anbieter
Kaenguruh 1/10 EURO 130,00 149,00 18:42:31 Zum Anbieter
Kaenguruh 1/2 EURO 651,00 686,00 18:42:31 Zum Anbieter
Kaenguruh 1/1 EURO 1.273,00 1.313,00 18:42:31 Zum Anbieter
Krugerrand 1/10 EURO 130,00 149,00 18:42:31 Zum Anbieter
Krugerrand 1/4 EURO 326,00 351,00 18:42:31 Zum Anbieter
Krugerrand 1/2 EURO 650,00 680,00 18:39 Zum Anbieter
Krugerrand 1/1 EURO 1.266,00 1.310,00 18:42:31 Zum Anbieter
Lunar Gold 1/20 EURO 70,00 93,00 18:42:31 Zum Anbieter
Lunar Gold 1/10 EURO 130,00 149,00 18:42:31 Zum Anbieter
Lunar Gold 1/4 EURO 326,00 354,00 18:42:31 Zum Anbieter
Lunar Gold 1/2 EURO 651,00 687,00 18:42:31 Zum Anbieter
Lunar Gold 2 Unzen EURO 2.522,00 2.711,00 18:42:31 Zum Anbieter
Maple Leaf 1/4 EURO 326,00 351,00 18:42:31 Zum Anbieter
Maple Leaf 1/2 EURO 651,00 681,00 18:42:31 Zum Anbieter
Maple Leaf 1/1 EURO 1.269,00 1.313,00 18:42:31 Zum Anbieter
Philharmoniker 1/10 EURO 130,00 149,00 18:42:31 Zum Anbieter
Philharmoniker 1/4 EURO 322,00 345,00 18:42:31 Zum Anbieter
Philharmoniker 1/2 EURO 648,00 685,00 18:42:31 Zum Anbieter
Philharmoniker 1/1 EURO 1.273,00 1.313,00 18:42:31 Zum Anbieter
Philharmoniker 20 oz EURO 25.163,00 26.645,00 18:42:31 Zum Anbieter
Vreneli Gold EURO 231,00 261,00 18:42:31 Zum Anbieter
10 Kronen EURO 124,00 135,00

[dosto]

Silberbarren
Silberbarren 50g EURO 43,90 58,79 18:46:01 Zum Anbieter
Silberbarren 100g EURO 70,80 106,86 18:46:01 Zum Anbieter
Silberbarren 250g EURO 179,60 251,80 18:46:01 Zum Anbieter
Silberbarren 500g EURO 356,10 479,69 18:46:01 Zum Anbieter
Silberbarren 1000g EURO 711,30 920,23 18:46:01 Zum Anbieter
Silberbarren 100g - CombiBar EURO 72,80 135,42 18:46:01

[dosto]

Silbermünzen
American Eagle Silber 1/1 EURO 22,00 27,61 18:46:01 Zum Anbieter
Arche Noah 1/4 EURO 6,00 8,13 18:46:01 Zum Anbieter
Arche Noah 1/2 EURO 11,60 15,09 18:46:01 Zum Anbieter
Arche Noah 1/1 EURO 22,00 26,86 18:46:01 Zum Anbieter
Arche Noah 5 Unzen EURO 114,80 143,17 18:46:01 Zum Anbieter
Arche Noah 10 Unzen EURO 231,60 274,78 18:46:01 Zum Anbieter
Arche Noah 1kg EURO 727,80 857,28 18:46:01 Zum Anbieter
Arche Noah 5kg EURO 3.704,80 4.267,37 18:46:01 Zum Anbieter
Koala 1/1 EURO 23,00 28,36 18:46:01 Zum Anbieter
Koala Silber 1Kg EURO 727,80 857,39 18:46:01 Zum Anbieter
Kookaburra 1/1 EURO 24,00 28,36 18:46:01 Zum Anbieter
Kookaburra 10 Unzen EURO 205,60 270,28 18:46:01 Zum Anbieter
Kookaburra 1kg EURO 727,80 857,39 18:46:01 Zum Anbieter
Lunar Silber 1kg EURO 727,80 857,39 18:46:01 Zum Anbieter
Maple Leaf Silber 1/1 EURO 22,00 27,07 18:46:01 Zum Anbieter
Maria Th. Taler HGL EURO 19,70 29,39 18:46:01 Zum Anbieter
Philharmoniker Silber 1/1 EURO 22,00 26,86 18:46:01

[dosto]

Market Nuggets: U.S. Mint Gold-, Silver-Coin Sales Decline During 2012

Thursday January 3, 2012 9:55 AM

U.S. Mint sales of gold and silver bullion coins fell in 2012, according to data on the agency’s Web site.
The Mint sold 753,000 ounces of gold coins in 2012, compared to 1 million in 2011. This was the third straight decline and lowest total since 2007, points out Commerzbank.

Silver-coin sales were 33,742,500, the lowest tally since 2009 and down from 39,868,500 in 2011. Meanwhile, December gold-coin sales totaled 76,000 ounces, up from 65,500 in the same period of 2011 but down from 136,500 in November, which was the strongest month of 2012. Silver-coin sales in December were 1,635,000, down from 2,009,000 in the same month of 2011 and also down from 3,159,500 in November 2012.

[dosto]

American Creek Resources Commences $150 Million Conspiracy / Defamation Litigation Against Teuton Resources and Its Officers and Directors - KPMG Forensic, Inc. Executes Search ...
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American Creek Resources Ltd. CA:AMK 0.00% ("American Creek") reports that it has commenced litigation in the Alberta Court of Queen's Bench against 26 named defendants including Teuton Resources Corp. CA:TUO +2.70% ("Teuton"), Dino Cremonese, President and CEO of Teuton ("Cremonese"), Amanda Mullin, Director of Teuton ("Mullin"), Deborah Shilling, Teuton's Corporate Secretary ("Shilling") and Gary Assaly, Teuton's Investment Relations officer ("Assaly"). American Creek's officers Allan Burton (President and CEO), Robert Edwards (CFO) and Darren Blaney (COO) are also named as plaintiffs. The aggregate damages sought by the plaintiffs are in excess of $150 million dollars.

The court pleadings allege that after American Creek optioned the Treaty Creek Property from Teuton, Teuton, Cremonese, Mullin, Shilling and Assaly (the "Conspiring Defendants") conspired to damage American Creek and its officers by making hundreds of Stockhouse Bullboard posts.

The 78 page Statement of Claim states that "The Defendants, using aliases, have, and some continue to, intentionally publish defamatory statements...about the Plaintiffs on the [Stockhouse] Bullboards" and that these statements were "intended to severely harm American Creek by damaging its business reputation and the Plaintiffs by damaging their personal reputations and character in their respective communities, and their reputations in the investment community."

The allegations go beyond defamation, claiming that several of the defendants associated with Teuton colluded to intentionally harm American Creek and its business. Referring to Cremonese, Mullin, Shilling and Assaly, the Statement of Claim states "Teuton and the Conspiring Defendants conspired and acted in concert with one another, and others, to defame the Plaintiffs and intentionally interfere with their economic relations, business and trade."

The Statement of Claim goes on to state that "Teuton and the Conspiring Defendants' conduct was unlawful and caused injuries to the Plaintiffs. The Defendants knew, or ought to have known, that injury to the Plaintiffs, including injury to their reputations and to their trade and business, would result from their unlawful conduct. Teuton and the Conspiring Defendants are knowledgeable and sophisticated in relation to business and they and each of the Defendants has a strong interest in injuring the reputations of, and interfering with the economic relations, trade and business, of the Plaintiffs. Teuton and the Conspiring Defendants have a strong interest in promoting their interests, particularly the interests of Teuton, including doing so unlawfully, at the expense of the interests of

the Plaintiffs, particularly the interest of American Creek, and with full knowledge of the outstanding Litigation [between American Creek and Teuton relating to the Treaty Creek Property] and in complete disregard for the interests of American Creek's shareholders."

American Creek obtained Court orders allowing it to access the records of multiple companies including Stockhouse Publishing Ltd. ("Stockhouse") and internet service providers such as Shaw Communications Inc. ("Shaw"), Telus, Bell, and Rogers which disclose detailed information about the entities behind the fictitious aliases posting on the Bullboards.
Records from Stockhouse and Shaw indicate that the Conspiring Defendants, using 25 different aliases, posted more than 400 Bullboard posts from various locations including both of Teuton's corporate offices and Cremonese' home.

Allan Burton, President of American Creek, stated: "The records obtained by American Creek from third parties such as Stockhouse and Shaw show unequivocally that posts were made over a number of years from the Teuton offices. The posters concealed their true identities, leading the public to believe that they were not associated with Teuton. This will not only have direct impact on this litigation, but raises serious regulatory issues for Teuton as well."

Section 6.13 of National Instrument 51-201 states in part: "Do not participate in, host or link to chat rooms or bulletin boards. Your disclosure policy should prohibit your employees from discussing corporate matters in these forums." American Creek confirms that the TSX Venture Stock Exchange, the Alberta and British Columbia Securities Commissions and the Investment Industry Regulatory Organization of Canada (IIROC) will be made aware of the third party records indicating that multiple posts were made from Teuton's corporate offices.

Based on the records obtained from Stockhouse and Shaw and findings by the Court that American Creek had demonstrated "an extremely strong prima facie case against the [defendants]" and that "there is a real possibility that [the defendants] may destroy such material before any application [with notice] could be made", both the Alberta Court of Queen's Bench and the British Columbia Supreme Court granted Orders authorizing a search of Teuton's Vancouver and Victoria offices and of Cremonese's residence. On December 12 and 13, 2012, a search team comprised of members from the Toronto, Montreal, and Vancouver offices of KPMG Forensic, Inc. ("KPMG Forensic") conducted a search of Teuton's offices and Cremonese's home, seizing and copying computer hard drives, external hard drives, email files, a smartphone, etc. The evidence preserved by KPMG Forensic will be used to further prosecute the case against Teuton, Cremonese, and the other Conspiring Defendants.

The court also ordered Google, Microsoft (Hotmail), Yahoo, Shaw, Telus, and others to preserve the contents and subscriber information of dozens of email accounts used by the Conspiring Defendants, so as to prevent any of the Defendants from tampering with or destroying evidence.

American Creek is in the process of obtaining further documents to identify any additional aliases used by Teuton, the Conspiring Defendants, and any other individuals who have posted defamatory comments on the Bullboards and on other social media sites, including investor chat/blog sites, in order to name them as defendants to this lawsuit as that information becomes available.

Burton also stated "This case will set a precedent in our industry. The regulators will not have seen anything of this magnitude. The internet is the new Wild West.

It is amazing what people will do behind the cloak of anonymity. Illegal and abusive use of the internet by not only investors, but by officers, directors and promoters of publicly traded companies, puts the entire investment community at risk. The TSX Venture Exchange has made it very clear that it has no tolerance for improper use of the internet by publicly listed companies. I have no doubt that the other regulators, such as the Securities Commissions and IIROC, will have the same attitude. I think the public will demand that the regulators deal with such abuse very seriously."

Legal documents including the Statement of Claim and documents from Stockhouse, Shaw, etc. will be posted on the American Creek website as soon as possible.

American Creek notes that on December 13, 2012 at 8:46 a.m. Eastern, Teuton issued a press release relating to the defamation / conspiracy law suit (the "Teuton December 13 Press Release"). On November 22, 2012 Justice A. D. MacLeod granted an order enjoining and restraining the defendants, including Teuton, from advising anyone (other than legal counsel) of, amongst other things, "the existence of the proceedings". This Order was still effective when Teuton issued the Teuton December 13 Press Release in breach of Justice MacLeod's Order.

It should be noted that the litigation commenced in the Alberta Court of Queen's Bench and discussed above is a separate and distinct claim from the action commenced in 2010 in the British Columbia Supreme Court. American Creek will continue to move forward the prior litigation with Teuton regarding the Treaty Creek Property, which has a trial date set for April 22, 2013. American Creek remains confident that the Court will confirm its 51% interest in the Treaty Creek claims.

The Treaty Creek Property is contiguous with Seabridge Gold Inc.'s CA:SEA -3.99% SA -3.91% world-class KSM project and in close proximity to Pretium Resources Inc.'s CA:PVG -4.63% PVG -4.64% Snowfield and Brucejack (Valley of the Kings) deposits. In addition, Seabridge proposes to construct 16 km twin tunnels across the Treaty Creek Property, which could prove highly beneficial to American Creek and its shareholders.

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

[dosto]

Zum obigen

STOCKHOUSE

ist ein grundsolides Bord
und kein Misthaufen
wie er oben beschrieben wird.

Niemand manipuliert bei Stockhouse, welche Frechheit wird sich hier erlaubt.

[dosto]

Allerdings gibts am Aurcana-Bord bei Stockhaose
mysteriöse Poster, die auch noch mit ihrem Blödsinn bei W.O. durchgereicht
werden.

Hier sollte man mal die Augen aufmachen um gar nicht in einen
solchen dahergescheuchten Nonsens sich einzufangen.

Liebes W.O.
habet acht.

[dosto]

On October 7, Mexican marines swooped in on one of the most powerful men
in organised crime. But as the navy triumphantly announced the death of Heriberto Lazcano, leader of the Zetas gang, there was puzzlement over where he had been found. Far from the Zeta's strongholds and practically unprotected, he had been watching a baseball game in the small mining village of Progreso.

Theories abounded as to what exactly Lazcano had been doing in Progreso, a one horse town in the wide open spaces of the sorthern state of Coahuila. Humberto Moreira, ex-governor of Coahuila says that he has the answer: "Heriberto Lazcano changed from being a killer, kidnapper and drug dealer to something still more lucrative: mining coal. That’s why he lived in the coal region, in a little village called Progreso."

Speaking to Al Jazeera, Moreira says that the Zetas gang is fast discovering that illegal mining is an even more lucrative venture than drug running.

"They discover a mine, extract the coal, sell it at $30, pay the miners a miserable salary... It's more lucrative than selling drugs."

"The Zetas are interested in any type of illegal business, from prostitution to extorting business, to mining coal. They’re capable of analysing where they can earn money from any type of illicit dealings."

- Samuel Gonzalez, former Chief of Mexico's Anti-Organised Crime Unit

Moreiras remarks have sparked a host of claims and counter claims. He is used to controversy. The ex-governor of Coahuila (his brother recently took on the post) was one of the most powerful figures in Mexican politics until allegations of huge financial irregularities during his government brought him down. After his son was killed by organised crime, he began speaking of government corruption and impunity in the state he had once governed.

'Narco coal'

His accusations have been borne out by the federal government, which also announced that it has found evidence of criminal infiltration in Coahuila's mines. Two hundred government inspectors are heading to the region to investigate mines it suspects are tied to organised crime. The state government has also been tarred by the accusations. A Coahuila government body (PRODEMI) buys coal from the companies and then sells it to the state electricity company. Now the country's attorney general is investigating its links with companies thought to have sold "Narco coal".

The State of Coahuila presents a tempting target for any organised crime group looking to diversify from drug smuggling, kidnapping and extortion. It produces 95 percent of Mexico's coal, churning out 15 million tons a year. Unregulated "pozos", small roadside mines which are often little more than a hole in the road, abound; easy targets for those looking to make quick money.

An investigation by Mexican daily Reforma estimated that criminals were making half a million dollars a week off of these small unregulated mines, selling the coal on to legal businesses. The Zetas criminal group, dominant in Coahuila, is well structured to take advantage of the "Black Gold" rush.

Mexico's other criminal powerhouse, the Sinaloa Cartel, deals almost exclusively with running drugs, Samuel Gonzalez, former Chief of Mexico's Anti-Organised Crime Unit, says that the Zetas are keen to sniff out new business opportunities wherever they lie.

Blurred lines

"The Zetas are interested in any type of illegal business, from prostitution to extorting business, to mining coal. They’re capable of analysing where they can earn money from any type of illicit dealings," Gonzalez said.
In Depth

More from Mexico's drug war
Mexico says Zetas cartel boss killed
Dirty money thrives despite
Mexico drug war
Timeline: Drug war politics
Mexicans make beeline
for 'bandit saint'
US-trained cartel terrorises
Mexico

As the line blurs between organised crime and legal business in Coahuila, these are nervous times for state's mining establishment. On the weekend before Al Jazeera travelled to the area, a mine owner was killed, and his finger cut off, a sign that he was being punished for speaking out against criminals. Senior mining figures refused to speak to Al Jazeera on the record. They did, however, confirm that organised crime has infiltrated their industry.

As mining executives sweat, and the investigations continue, human rights organisations say that little has changed for those at the bottom of the mine.

Coahuila's pits have an unenviable safety history, the lowest point of which came in the death of sixty five workers in an accident in 2006. Even before Moreira's revelations, Mexico's federal human rights agency said that the infiltration of organised crime was stripping workers of even the basic safety protocols they enjoyed under legitimate businesses. Raul Vera, the Bishop of Saltillo, has long campaigned for miners' rights.

"Here those in poverty are forced to seek work where they can and there's little difference in terms of work safety for them between the way that organised crime and a legal owner of a mine treat them."

As criminals and business interests continue to profit from Coahuila's coal, hope still seems slim that the rewards will trickle down to those finding in the depths of the earth.


Mexican drug gangs dig into mining industry
The Zetas cartel, one of Mexico's most violent groups, has moved into coal mining as it's "more lucrative than drugs".

[dosto]

Brent Cook: We've actually had two pretty tough years on the TSX Venture Exchange. It is off about 30% from its peak in 2012 and around 20% for the year. That comes on top of a 35% decline in 2011. I do think much of the froth is washed out and we will see some opportunities in 2013.

During the most recent boom years, 2009 and 2010, roughly $11 billion ($11B) was raised on the Venture Exchange. Most of that has been spent without much success. Going by John Kaiser's database of about 1,800 Venture Exchange listed companies, there are around 600 that now have less than $200,000 in the bank and a full 62% of the 1,800 companies have a median working capital of only $1.1 million ($1.1M) or less. These companies are trading at less than $0.20/share, which means that unless things improve dramatically in the next year, many of these companies are going out of business or will push excessive dilution on current shareholders just to stay alive. The Venture Exchange will truly be the land of the walking dead.

Auszug aus:;
Gold sector clean out expected in 2013 – Cook

http://www.mineweb.com/mineweb/content/en/mineweb-independen…

[dosto]

TGR: What are you telling your readers to give them hope?

BC: The truth. Hope is the worst reason to own a stock. We're not going to see $3,000/ounce (oz) gold, and we are not going to see junior stocks go to the moon this next year. If an investment thesis doesn't pan out, we sell and take the loss. If, however, the thesis continues to work, we hold onto the stock or buy more. This is very speculative money in a very high-risk sector. Unless the risk trade comes back into favor this next year, and I don't think it will, it's going to be another tough one for the explorers and junior miners.

[dosto]

Das abrupte Ende der Pauschalbesteuerung für Franzosen in der Schweiz ist ein weiteres Zeichen für das in Fiskalfragen gespannte bilaterale Verhältnis. Der durch Schulden und Defizite bedrängte französische Staat sucht mehr Geld aus den Bürgern zu pressen.
Merken E-Mail Drucken

Manfred Rist, Paris

Die französische Regierung hat auf Jahresbeginn der bisher tolerierten Pauschalbesteuerung für Franzosen, die in der Schweiz leben, einen Riegel geschoben. Der entsprechende Erlass, der im «Bulletin Officiel des Finances Publiques-Impôts» publiziert worden ist, bricht mit einer 40-jährigen Praxis, von der bisher französische Bürger mit Wohndomizil Schweiz profitiert haben. Ab dem Fiskaljahr 2013 werden damit diejenigen rund 2000 Franzosen, die in der Schweiz eine relativ bescheidene Pauschalsteuer entrichtet haben und wegen des bestehenden Doppelbesteuerungsabkommens in Frankreich nicht oder nur marginal steuerpflichtig waren, auch in ihrem Heimatland vom Fiskus voll erfasst werden.
Erfolglose Bundesrätin

Der auf 1. Januar wirksam gewordene Beschluss nimmt die Franzosen ins Visier, die noch Einkommen in Frankreich erzielen, sei es wegen einer Erwerbstätigkeit oder aufgrund von Kapitalerträgen, etwa Dividenden. Für die meisten damit zur Kasse gebetenen Exilfranzosen dürfte die Steuerrechnung somit um einiges saftiger ausfallen, kommen im Rahmen der bisherigen Pauschalbesteuerung – die allgemein auf etwa 5000 in der Schweiz ansässige Ausländer Anwendung findet – doch viel niedrigere Sätze zur Geltung. Der Beschluss illustriert nicht nur die hektische Betriebsamkeit der neuen französischen Regierung in Steuersachen, die vorab Begüterte aufs Korn nimmt. Er weist auch darauf hin, dass es in den diplomatischen Kanälen zwischen beiden Ländern immer lauter knistert: Das Eidgenössische Finanzdepartement (EFD) bestätigte am Wochenende nämlich, dass Bern über den Erlass nicht offiziell informiert worden sei.

Zieht man in Betracht, dass Bundespräsidentin Widmer-Schlumpf erst vor wenigen Wochen bei Präsident Hollande in Paris gastiert hat, bei welcher Gelegenheit von guten und engen Beziehungen die Rede war, kommt dieses Vorgehen einem diplomatischen Affront nahe. Es zeigt, dass – ungeachtet der starken nachbarschaftlichen Verflechtung – Frankreichs Regierung die Schweiz in erster Linie als Steueroase zulasten des eigenen Fiskus wahrnimmt.

Dass mit dem Erbschaftssteuerregime und der (von Paris im Grundsatz abgelehnten) Abgeltungssteuer weitere bilaterale «Baustellen» bestehen, erleichtert die Kommunikation nicht. Diplomaten in Paris weisen zwar immer wieder darauf hin, wie gross die gemeinsamen Interessen seien, etwa mit Blick auf die rekordhohe Zahl von Grenzgängern. Doch nichts kann derzeit darüber hinwegtäuschen, dass die Nation und die Confédération in Steuerbelangen eben ganz unterschiedlich ticken.
Aktivierte Klauseln von 1966

Es ist, gemäss verbreitetem Bonmot, die gemeinsame Sprache, die die zwei Lager trennt: Der Begriff «Steuerwettbewerb» wird in Frankreich als Tarnung für Steueroasen wahrgenommen; im Ausland ansässige Franzosen gelten a priori als Steuerflüchtlinge; und Besserverdienenden begegnet man mit der Haltung, sie seien dem Staat zu besonderem Dank oder wenigstens zu besonders grosser «Solidarität» verpflichtet.

Frankreichs Regierung stützt ihren Richtungswechsel bezüglich Pauschalbesteuerung auf Artikel 4 des Doppelbesteuerungsabkommens von 1966. Dort leitet sich der Steuersitz im Prinzip aus dem Wohnsitz ab; die Frage, in welchem Land jemand seine Einkommen erzielt, ist also zweitrangig. Indessen betrachtet das Abkommen Personen, die «nur auf einer pauschalen Grundlage besteuert» werden, als nicht im betreffenden Land ansässig. Dessen ungeachtet hat Frankreich während vierzig Jahren die Pauschalbesteuerung akzeptiert, sofern schweizerischerseits eine Wohn- und Steuersitzbescheinigung vorlag. Mit dieser Toleranz soll nun Schluss sein.
Abschreckung durch Steuern

Einen Rechtsverstoss wird man Paris also nicht vorwerfen können. Vielleicht werden sich einige Franzosen nun aber überlegen, ob sie bei der Beschaffung von Papieren gar noch einen Schritt weiter gehen und die Einbürgerung beantragen sollen. So gross ist die Verbundenheit mit der Nation – wie sie die Regierung beschwört – bei vielen Citoyens nämlich längst nicht mehr; sie hört in Frankreich genauso häufig beim Portemonnaie auf wie andernorts. Gérard Depardieu lässt grüssen. Er ist keineswegs allen Franzosen ein Vorbild, aber die Hemmschwelle, den Pass abzugeben, ist jüngst vermutlich gesunken. Doch hartnäckig ignoriert man in Paris weiterhin den Grundsatz, dass zu viele Steuern den Steuerfluss abwürgen.

[dosto]

AngloGold faces water spillage charge
News24
Wednesday, 9 January 2013 (40 minutes ago)

An environmental body alleges radioactive contamination by AngloGold Ashanti has led to cattle deaths and poses a severe health risk.

[dosto]

Brazil Swap Rates Rise as Inflation Accelerates
By Blake Schmidt - Jan 10, 2013 1:01 PM GMT+0100



Brazil’s swap rates rose after a government report showed inflation accelerated in December more than economists forecast, spurring speculation that policy makers will raise borrowing costs from record lows.

Swap rates due in January 2016 climbed two basis points, or 0.02 percentage point, to 8.28 percent at 9:47 a.m. in Sao Paulo. The real gained 0.3 percent to 2.0351 per dollar.

The IPCA index of consumer prices increased 5.84 percent in December from a year earlier after gaining 5.53 percent in the prior month, the national statistics agency reported today. The median forecast of 30 economists surveyed by Bloomberg was for an advance of 5.79 percent. Annual inflation has exceeded the 4.5 percent midpoint of the central bank’s target range for 28 consecutive months.

“Inflation was higher than expected in 2012, and that can contaminate expectations for 2013,” Thais Zara, an economist at Rosenberg & Associates Inc. in Sao Paulo, said in a telephone interview.

[dosto]

ALEXCO

Forecast 2012:

Silber: 2,2-2,5 Mill

erreicht:
2,15

Forecast Blei: 19 Mill Pound

erreicht: 18,18

Forecast Zinc: 7,5 Mill Pound

erreicht: 5,68 Mill Pound

[dosto]

Alexco Forecast 2013

It is anticipated that silver production in 2013 will be sourced from three mines: Bellekeno, Onek and Lucky Queen. Operations at Bellekeno are expected to continue at generally the same pace as 2012, with guidance for silver production in the range of 1.9 million to 2.1 million ounces of silver, as well as approximately 17 million pounds of lead and 9 million pounds of zinc.

Full production guidance for 2013 will be revised upward when regulatory authorizations are received for the Onek and Lucky Queen mines.

[dosto]

What you see
is not
what you get

SILVERCREST


Auszug aus der Reservenmessung siehe Homepage

3.459.200 tons

sollen
9.713.600 Unzen enthalten.


2o12

Tonnage:

1.092.305

Ergebnis

579.609

Die tonnage ist aus den obigen Angaben abzuziehen.

Für

2.450.000 tons

müßten noch

9.250.000

Unzen Silber her.

Wie die schaffen wollen in 2 ein halb Jahr.

Rätselhaft

Insgesamt dürften das mal

2.500.000 erzielte Unzen Silber werden.

Hier liegt Brutto und Netto doch sehr im Argen.

[dosto]

Morgan Stanley

Silver, along with gold, are among the top commodity picks for 2013 by Morgan Stanley. The firm described the metal as a “cheap proxy to gold” but said to expect relative outperformance. Morgan Stanley’s average 2013 forecast is $35 an ounce.

Morgan Stanley

Morgan Stanley listed gold as one of its top commodity picks for 2013, forecasting an average price of $1,853.


Not long ago

Morgan Stanley Thursday cut its outlook on gold prices for the year ahead, but reiterated its view that macroeconomic conditions remain favorable for further price appreciation in the yellow metal.

The bank cut its average price forecast for gold this year by 4% to $1,773 a troy ounce. It also cut its silver price outlook for 2013 by 4% to $33.44/oz.

Source : Dow Jones News

[dosto]

Spannung pur.

Um mit dem letzten Jahr mitzuhalten

muß Gold demnächst über 1720 notieren.

Sonst stehen da rote Zahlen.

[dosto]

Das Spiel beginnt:

Jan 25, 2013 04:29 NY Time
Bid/Ask 1669.00 - 1670.00
Low/High 1666.90 - 1673.30
Change +1.60 +0.10%
30daychg +9.60 +0.58%
1yearchg -41.80 -2.44%


Jan 25 2013 4:17AM NY Time
Bid/Ask 31.66 31.76
Low/High 31.54 31.92
Change +0.04 +0.13%
30DayChg +1.62 +5.39%
1YearChg -1.81 -5.41%

[dosto]

Description Value
Total Net Assets $10.745.925.036
Shares Outstanding 348.850.000
Sponsor's Fee 0,50%
Inception Date 4/21/2006
Ounces of Silver in Trust 337.497.108,800
Tonnes of Silver in Trust Tonnes of Silver in Trust 10.497,33

[dosto]

FrankfurtItalien hat sich am Montag am Kapitalmarkt insgesamt 6,63 Milliarden Euro geliehen. Damit fiel die Kreditaufnahme etwas geringer aus als mit bis zu 6,75 Milliarden Euro erwartet, was die Anleger aber gelassen hinnahmen. Im einzelnen bot Italien den Anlegern vier Milliarden Euro in Form von zweijährigen Null-Coupon-Anleihen. Die Rendite fiel auf 1,434 Prozent und lag damit so niedrig wie seit März 2010 nicht mehr.



Ende Dezember hatte Italien für eine ähnliche Anleihe eine Rendite von 1,88 Prozent bieten müssen. Allerdings war die Überzeichnung weniger hoch als zuletzt.

Zudem verkaufte Italien eine inflationsindizierte Anleihe in einem Volumen von 2,63 Milliarden Euro mit einer Laufzeit bis September 2018 und einer Rendite von 1,8 Prozent.

[dosto]

Chieftain Announces Filing of NI 43-101 Technical Report for its Tulsequah Chief
Feasibility Study
TORONTO, ONTARIO January 28, 2013 - Chieftain Metals Inc. (“Chieftain” or the “Company”) (TSX:
CFB) is pleased to announce that it has filed on SEDAR (www.sedar.com) its National Instrument 43-101
Technical Report - Feasibility Study for its Tulsequah Chief project. The Feasibility Study confirms the
technical and financial viability of constructing and operating an underground mining and processing
operation at Tulsequah Chief. Results from this study were previously announced (see December 21,
2012 press release), and are summarized below.
• 2,000 tonne per day underground mining operation with a 9-year mine life.
• Pre-production capital costs are estimated to total $439.5 million, with an additional $64.0 million



nunja,

man hat ja schon 4,6 Millionen in der Kasse.

Wer braucht denn noch nen Zink-Kupfer-Silber-Gold Miner,

die Bank soll hier rufen.
in sustaining capital over the life-of-mine and closure costs net of salvage value of $6.2 million (all
amounts in Canadian dollars).
• Operating costs are estimated to total $125.96/tonne.
• Based on three-year trailing average metals prices, the study yields a pre-tax NPV8% of $192.7
million and an IRR of 16.5% and post-tax NPV8% of $138.7 million and an IRR of 14.7%.

[buscadero]

Moin #dosto, sei doch mal so nett und nimm Dir CADAN RESOURCES zur Brust, das ist A0YEAF. Danke, b.

[dosto]

Antwort auf Beitrag Nr.: 44.074.971 von buscadero am 29.01.13 00:15:28

Nein, danke werd ich nicht tun.

Ein Projekt in Mindanao wird von mir nicht begutachtet.

DDie Geründe liegen auf der Hand.

[dosto]

Silver Wheaton Streams Luring Largest Miners
By Liezel Hill - Jan 31, 2013 6:00 AM GMT+0100


Silver Wheaton Corp. (SLW), the world’s largest precious-metals finance firm, said the biggest miners have joined the queue of capital-hungry companies requesting funding as they seek to improve returns.

Silver Wheaton, which helps miners pay for projects in exchange for a discount on their silver and gold output, has traditionally talked to smaller miners unable to tap debt and equity markets, said Chief Executive Officer Randy Smallwood. The Vancouver-based firm has seen increased interest recently from metal producers with market values “up into the tens and hundreds of billions,” he said.

“What we’ve seen over the last four months is that even the large companies are all of a sudden receptive” to Silver Wheaton’s funding model, known as streaming, Smallwood said yesterday in an interview at Bloomberg’s Toronto office. “Doors that we’ve been knocking on for a long time, they are all of a sudden knocking on our door.” He declined to name any projects or companies.

Deals with larger miners can benefit Silver Wheaton because they tend to have lower risk, and there are more opportunities for sizable transactions, said David West, an analyst at Salman Partners Inc. in Vancouver.

“Companies more and more are looking to companies like Silver Wheaton to access funds to build their mines,” West, who rates Silver Wheaton a “top pick,” said yesterday in a telephone interview. “They have a great model.”

naja, der gewöhnliche Shareholder sollte mal über seinen

sudden death

bei diesem Spiel nachdenken

[dosto]

Mining
Expensive takeovers haunt miners as writedowns near US$50-billion

Thomas Biesheuvel and Jesse Riseborough, Bloomberg News | Jan 30, 2013 1:09 PM ET | Last Updated: Jan 30, 2013 1:11 PM ET
More from Bloomberg News
Mining executives and shareholders are paying the price for a US$1.1-trillion M&A binge over a decade.
Ian Waldie/BloombergMining executives and shareholders are paying the price for a US$1.1-trillion M&A binge over a decade.



The world’s biggest mining and steel companies have wiped about US$50-billion off project valuations in the past year and the purge is poised to continue this earnings season as managers reassess expensive takeovers.

Anglo American Plc, Vale SA and Rio Tinto Group led the writedowns as declining metal prices, rising project costs and slowing demand forced reviews. Glencore International Plc may write down some nickel and copper assets acquired through its takeover of Xstrata Plc, Liberum Capital Ltd. has said. BHP Billiton Ltd. may trim aluminum operation valuations, according to Goldman Sachs Group Inc. and Sanford C. Bernstein Ltd.

Companies are now starting to come clean with many of the mistakes they’ve made over the last few years

Executives and shareholders are paying the price for a US$1.1-trillion M&A binge over a decade.
Failed deals in aluminum and coal caused US$14-billion in writedowns at Rio and cost Chief Executive Officer Tom Albanese his job this month.
Cost overruns contributed to Cynthia Carroll’s departure as CEO of Anglo American, which slashed US$4-billion off the value of its Minas- Rio iron-ore project in Brazil Tuesday. She leaves in April.

“Companies are now starting to come clean with many of the mistakes they’ve made over the last few years,” Evy Hambro, manager of BlackRock Inc.’s $12-billion World Mining Fund, said in an interview with Bloomberg Television. “It wouldn’t surprise me to see more writedowns.”

A writedown is a reduction in the value of an asset carried on a company’s financial statement if it’s deemed to be overstated compared to the current market value. Estimated valuations can be reviewed over time.

Share Performance

Anglo American fell 20% in London trading last year, while Glencore slipped 10%. BHP gained 13% and Rio Tinto 12%. Earnings from Melbourne-based BHP are due Feb. 20, while Glencore’s 2012 financials are expected March 5.

The mining industry’s merger and acquisition missteps have been compounded by higher costs for energy, labor and construction materials. That has trimmed profits, sapped investor appetite for further deals and spurred calls for greater returns.

The Bloomberg World Mining Index rose 2.9% last year after dropping 31% in 2011. The Dow Jones Industrial Average gained 7.3% last year and 5.5% in 2011.

Glencore may write down as much as US$2-billion following its US$37-billion takeover of Xstrata Plc, due to be completed in March, according to Richard Knights, an analyst at Liberum said.

BHP, the world’s biggest mining company, may lower the valuation of its nickel and aluminum assets by about US$5-billion, Bernstein said in a report Wednesday, while Goldman Sachs said in January that BHP may take a US$2-billion to US$3-billion impairment on aluminum. BHP in August announced a US$3.3-billion charge on gas and nickel assets. Spokesmen for BHP and Glencore declined to comment.

Hangover Effect

Rio Tinto rose 1.1% to 3,615 pence by 12:50 p.m. in London, while BHP was little changed at 2,154 pence. Anglo American slipped 0.8% and Glencore dropped 0.7%.

“It’s a hangover effect from the metals and mining euphoria we’ve had in the past 5 to 10 years,” Jeff Largey, a London-based analyst at Macquarie Group Ltd., said in an interview. “Decisions made are now coming home to roost.”


Natural resources companies went on a deal spree in the past decade, spending US$1.1-trillion chasing growth, according to data compiled by Bloomberg. Merger and acquisition activity peaked in 2006 when mining and metal businesses spent more than US$200-billion.

Anglo American said Tuesday its Minas-Rio project, which has been dogged by delays and budget overruns, will now cost US$8.8-billion to develop,
up from US$2.6-billion when Anglo bought it in 2008.

Anglo’s biggest shareholder, South Africa’s Public Investment Corp., said in October that Carroll made poor decisions on how to spend cash.

Clear Decks

The Anglo writedown will help “clear the decks” for new CEO Mark Cutifani, according to Paul Gait, a mining analyst at Bernstein.

Vale is taking a US$4.2-billion charge after lowering the valuation of a nickel mine and its stake in aluminum producer Norsk Hydro ASA. The Rio de Janeiro-based company expects to announce a second impairment “of around US$50-million to US$100-million in several different assets” with the release of its 2012 results in February, Chief Financial Officer Luciano Siani said Dec. 6.

“Our intention is to clean up the balance sheet quite soon,” he told a presentation to investors in London.

Several management teams have been made to pay for their mistakes. BHP chief Marius Kloppers forewent his bonus after the writedown, while Rio’s Albanese went without a bonus in 2011 and 2012 after further writedowns on Alcan assets.

Bad Deals

BHP’s share price has “suffered from the perceived bad deals conducted in shale gas,” Goldman Sachs analysts wrote in a Jan. 18 note.

The company said last week the strong Australian dollar and weak prices were hurting its local alumina and nickel operations, spurring speculation of possible writedowns or asset sales.

“If the companies had been better guardians of shareholder capital then we would have better performance from the shares.” Hambro said in a Jan. 17 interview. “What we are after is just greater discipline in the way these companies allocate the capital because these are mistakes. These are things that shouldn’t have been done.”

Gold CEOs have also angered investors. Kinross Gold Corp.’s CEO Tye Burt was fired after he presided over a US$2.49-billion writedown on the Tasiast mine in Mauritania, an asset Kinross acquired as part of its $8-billion purchase of Red Back Mining Inc. Newmont Mining Corp. took a US$1.61-billion writedown on its Hope Bay project in Canada, while Barrick Gold Corp. CEO Aaron Regent left in June against a backdrop of cost overruns.

Steel Writedowns

“Investors have to share some of the blame,” said Largey. “They were pushing companies to grow, they were rewarding companies that had the most attractive growth pipeline and now they’ve swung to the other side saying it’s all about capital discipline and allocation.”

Steel producers have also been forced to adjust the value of their businesses as Europe’s economic crisis saps demand and slower Chinese growth weighs on commodity prices.

ArcelorMittal, the world’s biggest steelmaker, said last month that it will write down its European business by US$4.3-billion as the region’s weakening economy erodes demand and leaves producers with excess capacity. ThyssenKrupp AG last month took a 3.6-billion-euro (US$4.8-billion) charge on its Americas unit as the company seeks to sell the two plants that cost more than 10-billion euros to build.

[dosto]

Wo nix ist.
kann noch etwas weg:

New 52-week Lows (TSXV)

AFA.V Afri-Can Marine Minerals Corp. TSXV Materials 0.100 0.100 0.050 0.065 1813671
DEI.V Donnybrook Energy Inc. TSXV Energy 0.090 0.090 0.085 0.090 264700
DHM.V Deer Horn Metals Inc. TSXV Materials 0.035 0.035 0.030 0.030 341000
HDA.V Huldra Silver Inc. TSXV Materials 1.040 1.040 0.930 0.980 313969
MFM.V Marifil Mines Ltd. TSXV Materials 0.045 0.045 0.045 0.045 14000
NTR.V Northern Tiger Resources Inc. TSXV Materials 0.070 0.070 0.065 0.070 23500
NUG.V NuLegacy Gold Corp. TSXV Materials 0.105 0.105 0.085 0.100 297661
NVX.V NV Gold Corp TSXV Materials 0.035 0.045 0.035 0.045 8500
SLG.V Sterling Resources Ltd. TSXV Energy 0.670 0.680 0.610 0.620 87030
SOP.V Source Exploration Corp. TSXV Materials 0.045 0.045 0.045 0.045 75000
SPA.V Spanish Mountain Gold Ltd. TSXV Materials 0.240 0.245 0.220 0.235 146870
SXR.V SGX Resources Inc. TSXV Materials 0.155 0.160 0.150 0.160 74500

[dosto]

Da ist noch was.

Man wird aber mager, die brauchen bals Hilfe von der UNICEF

New 52-week Lows (TSE)

EDR.TO Endeavour Silver Corp. TSE Materials 7.100 7.140 6.840 6.870 273275
EMY/UN.TO Man GLG Emerging Markets Income Fund TSE 8.520 8.520 8.490 8.490 27800
IMG.TO IAMGold Corp. TSE Materials 8.300 8.300 7.950 8.050 3264494
K/WD.TO Kinross Gold Corp. Warrants TSE 0.240 0.240 0.235 0.235 2055
NGL.TO Angle Energy Inc. TSE Energy 2.720 2.740 2.680 2.700 150770
PG.TO Premier Gold Mines Ltd. TSE Materials 3.650 3.660 3.450 3.470 331252
SMF.TO Semafo, Inc. TSE Materials 2.990 3.000 2.800 2.820 1031008

[dosto]

NEW kID ON BLOCK.


NWM Reports 2012 Production Highlights
TORONTO, ON. – NWM Mining Corporation (“NWM” or the “Company”) (TSX-V: NWM) is pleased to announce 2012 gold production of 19,094 oz. (an increase of 229% on 2011). NWM moved 2,182,631 tonnes of ore to leach pads and 4,346,038 tonnes of waste to waste dumps at an average stripping ratio of 2.0:1 during 2012 and completed construction and permitting for the access road and mining in the Jojoba area. NWM also staked additional contiguous claims and resolved all outstanding litigation issues relation to the SART plant during 2012.


2012 Highlights
 Full year production of 19,094 oz. of gold (an increase of 229% on 2011)


About NWM Mining Corporation
NWM is in commercial gold production at its wholly owned Lluvia de Oro and La Jojoba gold mine. The mine is an open pit heap leach operation in Sonora State, Mexico. Management believes the property is significantly under-explored and hosts potential to provide further gold discoveries and resource and reserve upgrades. While management has focused in the past on developing the mine and supporting cash flows, the focus in 2013 will shift to increasing mining rates and drilling to expand geological resources and reserves. Cash flows from mining operations are expected to be used for exploration

which can result in adding resources and creating shareholder value.

yEAH
a lot of people waiting

Shares Outstanding: 525,569,000

[dosto]

und noch einer der uns Gold aufnötigt.

Da muß schon der Warren ran, wegen der Menge,
das zuviel fürs W.O.Bord

QMX GOLD MEETS UPPER END OF 2012 PRODUCTION GUIDANCE WITH 20,100 OUNCES GOLD PRODUCED

Shares Outstanding: 30,080,000

Insider-Produktion

[dosto]

Antwort auf Beitrag Nr.: 44.089.596 von dosto am 31.01.13 20:48:40

Das ist eine Aktie für Börsenkrieger und Co.

10 Millionen >Market Cap-

und kein Push

wo gibts denn das heutzutage noch.

ran an die Bouletten-Leute-

[dosto]

Trouble in paradise

Energy
Heavy crude discount no cause for panic

Yadullah Hussain | Feb 1, 2013 7:46 AM ET


Oil sands capital spending is expected to be about $18.5-billion in 2013, higher than the heady days of 2007-2008, but many companies remain cautious.
Jimmy Jeong/BloombergOil sands capital spending is expected to be about $18.5-billion in 2013, higher than the heady days of 2007-2008, but many companies remain cautious.




While the widening Canadian heavy crude discount has sent the Alberta government scrambling to make up for the shortfall, the province’s oil sands companies are not pressing the panic button — yet.

Stronger balance sheets backing projects, foreign capital and risk-sharing will help the industry weather the downside, Bob German, chief executive of contracting firm Horizon North Logistics Inc., told a recent investor conference.

“Many companies, five years ago, did not partner with anybody to share the risk, but are doing so now. The staying power given the long-term nature of these projects and through dips in commodity prices are better than they were five years ago,” he said.

Nobody can deny, however, that the pace of oil sands contract awards has slowed, says Maxim Sytchev, managing director of institutional research at AltaCorp Capital Inc.

Mr. Sytchev said capital spending is running behind the engineering-and-construction industry’s forecasts for the first time since 2009.
Related

Oil sands face defining days as U.S. Keystone ruling, EU vote draw closer
More volatility for oil sands in 2013

The Canadian heavy-oil benchmark is trading US$30 per barrel below that of West Texas Intermediate, but oil sands contractors can still see the wheels of new projects turning, and are reporting a “levelling out” of activity, rather than a screeching halt.

Oil sands capital spending in 2012 was comfortably above spending levels of the past three years and is expected to be about $18.5-billion in 2013, higher than the heady days of 2007-2008.

“Yes, we have all seen the announcements and the pushing of some projects to the right,” John Beck, chairman and CEO of Toronto-based construction giant Aecon Group Inc., said at the conference, organized by AltaCorp Capital.

“It was starting to be a feeling of, ‘Oh, oh, here we go 2007-2008 again,’ eight months ago … but we have a significant amount of work in the oil sands today and we are bidding on significant more work, and more SAGD work.”

oil sands graphicRic Sorbo, senior vice-president and acting head, hydrocarbons and chemicals at Montreal-based SNC-Lavalin Group Inc., said his oil sands clients are increasing production in incremental phases of 20,000 barrels per day to 30,000 bpd to ensure the market does not face a glut.

“They are kind of like planes lining up to land at the airport, you can see them out there from quite a distance,” Mr. Sorbo said. “It does not seem like that pattern is going to change. We have a fair a number of customers that are very much in that cycle. It’s going to be pretty stable.”

Enbridge Inc. chief executive Al Monaco also is “concerned” about the impact of discounted Canadian crude on oil-sands investment.

“We need to attract world prices to promote investment in the oil sands,” Mr. Monaco told Bloomberg News. “We don’t want price discounts to affect investment.”

Production guidance for 2013 from companies such as Cenovus Energy Inc. is below analyst expectations.

David LeMay, president and chief operating officer at Calgary-based construction group The Churchill Corp., said that while there is a lot of activity, “there is caution, and while there is no foot on the brakes, there is foot off the gas on the owner side.”

Some of the more vulnerable companies are cracking under pressure. Talisman Corp., which has its own unique issues to contend with, said last month it is laying off staff. Analysts expect Suncor Energy Inc. to scrap the Voyageur upgrader project and take a decision on the Fortis Hill and Jocyeln projects later in the year.
Others such as Canadian Oil Sands Ltd. are also expected to feel the pain down the road.

“We believe the downside risk to synthetic pricing will occur in later 2013, and with debt levels rising and high maintenance and capital requirements we believe the company’s dividend will likely be reduced in the second half of 2013,” investment bank Peters & Co. said in a note to clients.

The oil price differentials are not hurting all oil sands companies equally, Aecon’s Mr. Beck said.

He said operators using steam-assisted gravity drainage technigues to recover oil, which are sometimes smaller producers, “would probably be more cautious about price fluctuations in the future; the large, integrateds — the Exxons and Totals — look at the very large picture and oil price futures do not affect their long-term decisions. And the third is the existing mining operations and that is completely independent of any oil price fluctuation. Those business run 24-7, 365 days a year and nothing will stop that.”

While rail is now a common route to escaping Canadian crude discounts, companies are also eyeing waterways to get their crude out of Alberta.

Expecting fresh additions of 35,000 barrels per day from its Christina Lake Phase 2B project, MEG Energy Corp. recently secured contracts with American Commercial Lines Inc. to ship oil on barges to the Gulf Coast.

“Many oil sands companies are also moving into tight oil to take advantage of the tight opportunities as a short-term benefit,” says Andrew Potter, an analyst at Canadian Imperial Bank of Commerce, highlighting Cenovus Energy Inc.’s investment in Bakken plays.

CIBC recently raised its WTI forecast for the year but remains worried about the WCS differential spreading wider before BP PLC’s Whiting refinery and Enbridge’s Flanagan pipeline get on line.

Meanwhile, Peters & Co. is more bearish and has cut its Canadian production forecast by 7% by 2020.

“The risk profile for the oil sands as a whole remains challenging compared to some other unconventional North American plays, due largely to reduced heavy oil pricing realizations, large upfront capital commitments, and cost inflations leading to reduced margins.”

But such pessimism remains on the periphery — at least for now.

“Long term, oil sands offer great value because of the scale they offer compared to tight oil,” Mr. Potter said.

And while U.S. State Department disapproval of the Keystone XL pipeline could cause a “rethink” of projects, Canadian oil sands extraction is not as expensive as it used to be, according to RBC analyst Nathan Janzen.

SAGD projects break even around US$52 per barrel, below WCS prices of US$55 to US$60, the analyst estimated.

“While it is possible that some marginal projects will be lost or delayed, the level of current prices, along with the widely held belief that weakness in WCS relative to WTI and Brent prices will ultimately prove temporary, appears to be sufficient to allow much of the previously planned expansion in the Alberta oil sands to continue.”

[dosto]

WATCH LIVE
Former New York City Mayor Ed Koch's Memorial Service
Mongolia Should Get More Control of Rio Mine, President Says
By Michael Kohn & Yuriy Humber - Feb 4, 2013 11:13 AM GMT+0100




Mongolia’s President Tsakhia Elbegdorj said the nation should have more control of Rio Tinto Group’s Oyu Tolgoi copper and gold project after the government claimed costs had increased.

The total cost of the Rio Tinto-operated development in southern Mongolia has jumped to $24.4 billion, according to an e-mailed statement from the government, which gave a summary of a parliamentary discussion on Feb. 1 attended by the president. London-based Rio’s earlier estimate for total cost was $14.6 billion, according to the statement.

“It’s time for Mongolia to have Mongolian representation on the management team,” Elbegdorj said at the session on Feb. 1, according to his website. “It’s important that the government takes the Oyu Tolgoi matter into its own hands.”

The president’s comments heighten tension with the second- biggest mining company over the ownership and future development of a project, which is currently the world’s biggest copper mine under construction. Rio is considering a temporary halt to work to protest government demands for a greater share of profit, two people familiar with the plans said last week.

“We continue to work together with all stakeholders, including the government of Mongolia, to bring the benefits of Oyu Tolgoi to all parties,” Rio Tinto said today in an e-mailed response to questions. “We are now focused on first commercial production. We are on schedule to deliver that in the first half of this year.”



David Luff, a Melbourne-based spokesman for Rio Tinto, wasn’t immediately able to comment on the cost overrun and safety concerns raised by the Mongolian government.

Mongolia also needs representation “in all the most important decision making departments: financial department, procurement department, legal department, sales and project services department,” said Elbegdorj. The country had to wait for “months” for Rio to respond to questions on the project, he said.

In December, the president urged Mongolia’s government to respect the Oyu Tolgoi agreement, according to a Jan. 25 report by Ulan Bator-based broker BDSec, which cited a Dec. 26 interview with Elbegdorj on state television.

“The current rhetoric is accentuated by the upcoming presidential election,” slated for the end of June, said Eric Zurrin, director general at Resource Investment Capital Ltd., a corporate finance adviser in Ulan Bator, by e-mail today. “I doubt Rio would endanger the start-up of OT following first production last week, nor its future economic interests, by entering into games of brinkmanship with the Mongolian government. I think cooler heads will work out a solution for both ends, Mongolian and foreigner.”


The costs for the first two stages of the mine would be $11.3 billion, according a report on the website of Turquoise Hill Resources Ltd. (TRQ), the Rio unit which owns 66 percent of Oyu Tolgoi.

“We need to address these cost increases with Rio Tinto and better understand why costs went up,” the government statement cited Prime Minister Norovyn Altankhuyag as saying. “We also need to discuss salaries for Mongolian workers, safety matters and benefits to workers.”

The mounting tensions between Mongolia’s politicians and Rio could prompt a reshuffle of the Oyu Tolgoi board, which includes both company and government officials, Dambadarjaa Jargalsaikhan, an independent economist based in Ulan Bator, said by phone today.
Business Matter

“Mongolian politicians are acting a little bit too strongly,” Jargalsaikhan said. “There should be a certain acceptance of cost changes from planned ones. It happens with a big project like this. It’s a business matter and as soon as it is explained, things will go forward.”

The mine, which is controlled by Rio and 34-percent owned by Mongolia, may account for 2.2 percent of the company’s earnings before interest, tax depreciation and amortization this year, according to Richard Knights, a mining analyst at Liberum Capital Ltd. Rio’s 2013 Ebitda will be $22.2 billion, according to the average of 25 analysts’ estimates compiled by Bloomberg.

In October, Rio rejected a second move by Mongolia to renegotiate a 2009 investment agreement for the development of Oyu Tolgoi, which is currently the world’s biggest copper project under construction.

[dosto]

All margin requirements will return to normal after the week-long holiday, which ends on February 18th.

BEIJING(BullionStreet): In view of the Lunar new year holiday, China's Shanghai Gold Exchange announced raising trading margins of its gold and silver forward contracts to 13 percent.

The SGE also announced lifting the daily limit to around 10 percent for the period.

The Zhengzhou Commodity Exchange also announced plans to take similar steps from the end of this week.

All margin requirements will return to normal after the week-long holiday, which ends on February 18th.

All leading commodity futures exchanges in China will temporarily raise trading margins and daily limits around the Lunar New Year holiday.

The Shanghai Futures Exchange will raise its trading margins by two percent from February 7th, and its daily trade limit by one percent for all contracts on February 8th

[dosto]

bout 25 percent of gold flowing into India is coming through irregular channels and further tightening of norms would increase that sharply.

NEW DELHI(BullionStreet): India's recent tough stands against gold could only increase smuggling in the world's largest consumer, analysts said.

According to India's Directorate of Revenue Intelligence (DRI), an agency that monitors economic offences, the incidence of gold smuggling in the current fiscal year has zoomed at least eight times compared with the corresponding period the previous year.

They added that the increase in import duty on gold has clearly led to a price differential between Indian and international gold, and that, in turn, has led to an increase in smuggling.

Spot gold prices here are as much as 5.7% higher than in Dubai, compared with a difference of 0.1% in 2008. Typically, gold is smuggled into India from Dubai.

They said about 25 percent of gold flowing into India is coming through irregular channels and further tightening of norms would increase that sharply.

However, the largest consumer is using the duty system to try to hold back demand but gold crazy Indian's cannot be denied for too long as jewelers and traders would approach black markets to get the gold for selling it unofficially to customers.

Gold sales in most jewelery's in India were completed without proper billing, giving jewelers huge profits while customers are getting peanuts and the government nothing.

India last month raised the duty on gold imports to 6% from 4% and also planning several schemes to reduce the usage of physical gold.

India's gold demand surprisingly dropped last year due to the nearly 8% increase in prices but it is likely to climb back this year despite the restrictions,analysts said.

Global gold supply is forecast to rise to 4,601 tons this year from 4,484 tons last year. Jewellery makes up about 85% of demand for gold, apart from the manufacturing of gold coins.

[dosto]

Mexico gears up for new mining bill, includes taxes to benefit locals

[dosto]

For the first time in years, Mexico will start charging mining companies already operating or planning to start up in the country with royalties aimed at benefiting local communities, reports local newspaper Vanguardia (in Spanish).

The bill, outlined in President Enrique Peña Nieto's “Pact for Mexico” when elected last year, is expected to reach the Congress in the first half of this year and, according to the newspaper, it is known to include reforms to concessions and mining rights payments. However, it is not clear whether the proposed law will also include requests for royalties.

According to the Pact for Mexico’s website, the new mining regulation will be ready by the second half of the year, with full implementation expected by mid 2014.

The ruling also calls for agreements by mining companies to "respect the traditions and the social cohesion" of local communities, and will ban the use of vertical shafts in coal mining “to avoid further tragedies."

Currently there are no taxes or levies imposed specifically on the mining industry in Mexico. Companies only pay standard corporate income tax rates, which are determined by the federal government.

Economy secretary, Ildefonso Guajardo Villarreal, told Vanguardia that directing money from mines to communities is key to avoiding conflicts and that, in that respects, the law will benefit present and future operations in the country.

(Image Copyright: holbox, Shutterstock)

[dosto]

Peruvian copper, gold output for December falls year on year

Lima (Platts)--6Feb2013/645 am EST/1145 GMT

Peruvian gold and copper production, the country's leading mineral export revenue earners, fell in December from the same month a year earlier, according to figures released Tuesday by the energy and mines ministry.

At the same time, production of silver and zinc rose in December from a year earlier while lead was flat and iron ore declined.

Production of copper by all companies operating in Peru fell in December to 120,498 mt, down 1.8% than the same month of 2012. But, copper production for January-December 2012 period was 1,298,564 mt or 5.1% more than in the previous year, the ministry said without giving a reason for the variation.

Gold production in December 2012 was 12.8 mt or 9.2% less than in the same month a year earlier. The decline was led by the country biggest gold mine, Newmont Mining-owned Minera Yanacocha, where production in December was 2.3 mt or a 33% decline from the same month the previous year. For the full year, production in 2012 was 161.3 mt, or a 2.9% decline from the previous year, the ministry said without citing a specific reason for the annual decline.









Silver production in December was 305,443 mt or 1.7% more than in the same month a year earlier, the ministry said. While it did not give a reason for the increase, the ministry said that during the month silver production by the leading precious metals local miner, Cia. de Minas Buenaventura, was 41.5 mt or 13.6% of the monthly total.

For the January-December 2012 period the total silver production was 3,479 mt or a 1.8% increase from the same period a year earlier.

Iron ore production by the country's lone producer of the mineral, China-based Shougang, in December was 634,343 mt or 13.9% less than in the same month a year earlier. Iron ore production in all of 2012 was 6.68 million mt or 4.7% less than in the previous year.

Zinc production in December of last year was 105,192 mt or 2.9% more than in the same month of the previous year. The increase was the result of greater production by the three main zinc producers in the country, Cia. Minera Antamina, Cia. Minera Milpo and Volcan Cia. Minera, the ministry said.

As for the full 2012 zinc production, the total was 1.28 million mt or 1.9% more than in the previous year, the ministry said without giving a reason for the cumulative annual, year-on-year increase.

Lead production in December 2012 was 21,002 mt or 0.4% more than in the same period of the previous year with Volcan, EA Chungar and Buenaventura accounting for 15%, 13% and 9% of total production, respectively, the ministry said. Lead production for all of 2012 was 248,659 mt or 8% more than in all of the previous year, the ministry said.

The ministry statement did not provide any information on tin production.

--Renzo Pipoli, [e-mail]
--Edited by Katharine Fraser, [e-mail]

[dosto]

Die Sprotte hat sich von

64 n%

seines Investment in

Lake Shore getrennt

SPROTT INC. 12/31/2012 400,475 (714,285) Shares sind das

(64.08)

[dosto]

2013 wird das Jahr sein,
indem einige der Explorer-Gesellschasften ihren Grundstein für ihr Grab legen werden.

[dosto]

Guatemala NOT to grant an extraction license to the Canadian/ American mining company Tahoe Resources (40% owned by Goldcorp Inc.)

Go to: http://salsa3.salsalabs.com/o/50118/p/dia/action/public/?act…

Just over a year ago, we (CIEL) asked for your help to protect the wellbeing of communities in San Rafael Las Flores, Guatemala, by contacting the Guatemalan Ministry of Energy and Mines (MEM) to halt the licensing of a silver mining project owned by the Canadian company Tahoe Resources (40% owned by Goldcorp).

Today, we ask for your help again. Under its international human rights obligations, Guatemala must consult populations that could be affected by a mining project, and further requires the consent of affected indigenous peoples.

Not only were communities near the Tahoe project not consulted - including a community of indigenous Xinka peoples - but public referenda have shown that neighboring communities are opposed to the development of the mine. Seventeen local development councils and community mayors sent a letter to MEM last December requesting the refusal of the extraction license.

Many of those living close to the mine worry that its operations could pollute the water upon which their livelihoods depend. Currently, there are over 200 pending complaints against the project, each of which, according to Guatemalan law, must be resolved by MEM before granting a license.

The communities of San Rafael remain as committed as ever in their non-violent opposition to the mine, though they have become the target of increasing intimidation and criminalization.

Their organizing occurs in a context of escalating violence and insecurity. On January 11th, 2013, violence once again erupted in the area near the Tahoe mine site resulting in the death of three people, including two members of the company's private security group. There is an ongoing investigation into these events to identify the responsible parties and motive.

As part of its response to the violence, Tahoe Resources publicly reiterated its confidence that the license will be granted, stating "[t]he Guatemalan President and the [MEM] have reassured us that the license is forthcoming."

To show your support for the communities opposing the Tahoe mine, go to: http://salsa3.salsalabs.com/o/50118/p/dia/action/public/?act…

[dosto]

ebruary 10, 2013 8:33 am
Hong Kong jewellers hit by graft clampdown

By Paul J Davies in Hong Kong

Chinese moves against corruption sparked a sell-off in jewellery retailers in Hong Kong late last week after Beijing ordered an end to adverts that suggest giving gifts to bosses.

Shares in jewellery chains Chow Tai Fook, Chow Sang Sang and Luk Fook lost 6-7 per cent over the second half of last week. Two watch retailers did even worse with Oriental Watch down more than 8 per cent and Emperor Watch and Jewellery down almost 13 per cent.





The incoming Chinese leadership’s battle against corruption – alongside a poor bonus round and job cuts among investment bankers in Hong Kong – is expected to hurt sales of necklaces, rings and especially watches, gifts of which are widely used to grease the wheels of commerce in China.

However, some analysts expect the impact to be restricted to the high end of the market, while the wider picture should be healthier.

China banned adverts on TV and radio for expensive watches, gold coins and other luxury items being marketed as “gifts for leaders” because, the government believes, they would send the wrong message to people.

The ban echoed a report that Chinese police were about to crack down on the junket operators that bring Chinese high-rollers to Macau, which sent shares of the gaming companies down by about 5 per cent on Wednesday.

Both moves are seen as part of efforts to rein in corruption that Xi Jinping, who will take up his post as president in March, has made a central part of the new leadership’s programme.

Candy Huang, an analyst at Barclays in Hong Kong, said the crackdown would have limited impact on the mass market. “But on the high-end side, we see wine, watches, menswear, autos will be more [affected]”, she said.

As well as hitting jewellery and watch retailer stocks in Hong Kong, the ban on adverts for expensive gifts was also seen to be the driving factor behind share price falls for luxury brands listed in Europe. Paris-based LVMH was down almost 3 per cent in the second half of last week.

Strong trade growth in January in China has raised hopes that the country’s recovery is gathering pace, although some economists warned that the data will have been distorted by last year’s early Chinese New Year.

There was healthy growth for jewellery sales in Hong Kong in the final two months of last year, with sales in November and December up by 13.4 per cent and 11 per cent respectively against the same months in 2011, according to Bloomberg data. This followed several months in which sales had seen poor growth or even declines.

Chinese New Year, which began on Saturday, is an important period for retailers. Ms Huang said she expected retail sales to show top-line growth of 17-18 per cent over the new year season compared with last year, in part because Valentine’s day also falls within the same week. However, heavy discounting would harm margins, she added.

The pressure on lower-end jewellery retailers has already seen them losing out to other businesses, however. In Hong Kong island’s Causeway Bay shopping district, some watch and jewellery shops have been replaced by pharmacies, whose owners see selling much sought-after milk powder to mainland Chinese visitors as a more profitable enterprise, according to one property analyst.

Additional reporting by Josh Noble in Hong Kong

[dosto]

Cerrejon workers go on strike

Workers at Colombia’s largest coal exporter, Cerrejon, began striking on Thursday, the first time in more than 2 decades.
Author: Jack Kimball
Posted: Friday , 08 Feb 2013

BOGOTA (Reuters) -

Workers at Colombia's largest coal exporting company Cerrejon began a strike on Thursday, the first in more than two decades, after the two sides failed to reach an agreement during last-minute talks on wages and benefits.

[dosto]

Québec Finance Minister To Hold Consultation Meeting Regarding Mining Royalties
By Alex Létourneau of Kitco News
Friday February 8, 2013 1:33 PM

(Kitco News) - Quebec’s government will hold a consultation meeting with members of the mining industry on March 15 to discuss mining royalties, Québec Finance Minister Nicolas Marceau said on Friday.

The meeting will give miners operating and exploring in Québec an answer on whether or not mining royalties will rise in the province.

"Our government understands the importance of mining for Québec. However, the minerals market is not what it was 10 years ago and we must adjust to maximize Québecers benefiting from what is theirs," Marceau said at the Board of Trade of Metropolitan Montréal's second annual forum on natural resources.

Marceau said he understands royalties will affect companies differently as Québec has a unique array of metals. The March 15 meeting will investigate the best ways to go forward with how to change mining royalties in the province.

No set date was given on when, if any, the changes would actually occur.

[dosto]

Detour Gold Begins Production At Detour Lake

Monday, February 11, 2013 10:39 AM

Detour Gold Corp. (TSX: DGC) has begun ramp-up of the first production line at its Ontario-based Detour Lake mine and expects to pour its first gold bar in mid-February. "A start-up is never easy and we are experiencing typical challenges as we proceed with the ramp-up of the Detour Lake gold mine," says Gerald Panneton, president and chief executive officer of Detour Gold. "On behalf of our board of directors, we want to publicly acknowledge our team for consistently delivering as we continue to make steady progress." The company expects to produce between 350,000 and 400,000 ounces of gold at cash costs between $800 and $900 in 2013. Once in full-year prodion, the company expects to produce 657,000 ounces of gold on average annually for 21.5 years.


Willkommen im Club.

Unze für Unze, ist willkommen, was da ist-,muß weg.

[dosto]

Dominican Republic: Xstrata is safe, but Barrick should pay higher taxes
Cecilia Jamasmie | February 11, 2013




Dominican Republic: Xstrata is safe, but Barrick should pay higher taxes

Dominican Republic’s Mining Agency director denied Monday local reports saying the government would not let Xstrata (LON: XTA) go ahead with its planned expansion plans at Loma Miranda, as it would harm the region’s ecosystems. However, Dominican Today reports the authority added he believed Barrick Gold (TSX:ABX), (NYSE:ABX) should pay higher taxes, as it is profiting from the precious metal strong prices.

Last month the country’s Legislature announced it would review and possibly change the contract with the Toronto-based gold company, in a bid to make the terms “more favourable” to the Dominican Republic.

And last week, in a meeting with the local branch of the American Chamber of Commerce, Alexander Medina, announced upcoming consultations on the proposed revision of Barrick’s contract to exploit Pueblo Viejo mine. He also said his office would start fast tracking mining permits, as the Caribbean nation was sitting on “over $60 billion of proven mineral and metal reserves” waiting to be mined.

Medina added the United Nations Development Program (UNDP) has begun its evaluation of the environmental impact study for Xstrata's project, as requested by the Dominican environment ministry last October, but that the government's final decision should be independent of the UN's report.

In a statement (in Spanish), the UNDP said its team of experts began working last week and would continue Monday with site visits and meetings as part of the overall evaluation process, which should take about three months.

The purpose of the external organization's involvement is to provide recommendations to help the Dominican government make a decision on Xstrata’s project, UNDP representative, Valerie Julliand, and team coordinator, Eduardo Vadillo, told last week Hoy.com (in Spanish).

The proposed expansion project at Loma Miranda, near Xstrata’s current Falcondo nickel mine, is a deciding factor for the company to remain in the country since its current operations have no more than five years left, Falcondo spokesman Luis José Lopez said, according to the same article.

The Dominican Republic has been reluctant to issue the environmental permit for Xstrata’s project as opposition to mining in the country has been recently escalating, revealed in November a report by Exclusive Analysis, a UK-based risk consultancy.

As exposed by the experts, environmental protests are increasingly likely to cause delays and contract cancellations to nickel and gold mining companies in the Caribbean country.

Xstrata, Barrick Gold and Goldcorp (NYSE: GG,TSX:G) are the major miners with presence in the Dominican Republic. The firms have a combined total of 14 exploration and exploitation projects in the nation.

[dosto]

Der schwere Stand der Kanadischen Miner in Mittel-und
Südamerika.

Was kommt noch auf sie zu?

B2Gold hit by protests, blockade in Nicaragua
Frik Els | February 11, 2013




B2Gold hit by protests, blockade in Nicaragua Artisanal mining in Nicaragua.

Hundreds of small miners in Nicaragua protested against Canada's B2Gold Corp (TSX:BTO) expansion plans in the central region of the country.

According to reports by La Nacion Dominicana and TelesurTV the artisanal miners blocked access to El Cafetal city on Sunday and demanded that the company stop plans to develop a new zone near its La Libertad and Santo Domingo operations.

A spokesman for the small miners association of Santo Domingo said the police fired tear gas and rubber bullets against what was a peaceful "sit-in".

Police officers eventually restored access to the town and arrested over 40 protesters.

The small miners started their protest six months ago and want millions of dollars in compensation from Vancouver-based B2Gold to account for the potential loss of their livelihoods when B2Gold mines the new so-called sector-4 high-grade gold zone.

B2Gold – worth $2.3 billion on the Toronto stock exchange – owns two operating mines in Nicaragua and one in the Philippines and has been ramping up production.

Expected output for 2013 is roughly 385,000 ounces increasing to 555,000 ounces by 2015, the first full year of production for the company's Otjikoto project in Namibia.

B2Gold also has a joint venture with AngloGold Ashanti in Colombia, which should add a further 200,000 ounces of annual gold by 2017.

[dosto]

Eric Sprott

Billionaire Eric Sprott, the chairman of Sprott Asset Management, sees silver prices climbing to $100 and $200 this year and warns investors are buying 50 times more silver than the precious yellow metal, which he says is an impossible trend to sustain.

Speaking to King World News Sprott says he thinks silver will by far outperform gold, adding he is also “incredibly bullish on gold.”

He notes that despite the advance in global stock markets, he has no doubt that "the path we’re on is not sustainable for the economy or the financial system.”

[dosto]

he has no doubt that "the path we’re on is not sustainable for the economy or the financial system.”

nixdesttrotz hält er folgenden Aktien

CIRRUS LOGIC INC COM 9,018
MAGNA INTL INC COM 7,497
CELESTICA INC SUB VTG SHS 6,904
CISCO SYS INC COM 5,999
FOOT LOCKER INC COM 5,750
MCGRAW HILL COS INC COM 3,926
JOHNSON & JOHNSON COM 3,555
PFIZER INC COM 3,535
VIACOM INC NEW CL B 3,409
VALUECLICK INC COM 2,706
COMCAST CORP NEW CL A SPL 2,644
SUNCOR ENERGY INC NEW COM 2,595
GT ADVANCED TECHNOLOGIES INC COM 2,512
NYSE EURONEXT COM 2,084
VODAFONE GROUP PLC NEW SPONS ADR NEW 1,912
ONCOLYTICS BIOTECH INC COM 1,827
GENERAL MTRS CO COM 1,751
MICROCHIP TECHNOLOGY INC COM 1,601
COACH INC COM 1,297
BALLY TECHNOLOGIES INC COM 1,234
SYNOPSYS INC COM 344


ganz schon viel für 1nen der von der Wirtschaft nichts hält.

[dosto]

Vielleicht hat er aber mal sinnergebende BBekenntnisse zu diesen Positionen


PRETIUM RES INC COM 18,619
VISTA GOLD CORP COM NEW 15,190
BRIGUS GOLD CORP COM 13,604
KEEGAN RES INC COM 12,292
SPROTT RESOURCE LENDING CORP COM 23,429
SPROTT PHYSICAL SILVER TR TR UNIT 69,326

MARKET VECTORS ETF TR JR GOLD MINERS E 20,198

doppelt gemoppelt hat er ja schon als Einzelstücke


Lieber Spott, altern Sie doch in Ehren und mischen Sie nicht damit,
wo Sie nichts verloren haben.
In der Weltwirtschaft, da pfeifft man auf Sie, das wissen Sie doch,
Schienbeintreter.

[dosto]

Russia is now the world's main gold buyer


nunja, da brauchen wir uns keine Sorgen zu machen.

Das Material kommt an den Markt zurück.

Es wird ja selten gekauftes aus dem markt außerhalb Ruslands sein,
sondern die Erzeugung Ruslands selbst.

Feil zum Verkauf, wanns immer beliebt.

[dosto]

Chinese bank calls $1.6 trillion local government debt a timebomb

tja

westliches System

wird wohl auch

westliches Steuersystem bedeuten!

[dosto]

Barrick urges the Dominican Republic to honour Pueblo Viejo’s contract
Cecilia Jamasmie | February 8, 2013



Barrick urges the Dominican Republic to honour Pueblo Viejo’s contract

Canadian Barrick Gold (TSX:ABX), (NYSE:ABX) urged the Dominican Republic’s Government to respect a contract authorizing the giant miner to operate the Pueblo Viejo gold mine, reports Latin Pacific Business News (in Spanish).

Local CEO Victor Manuel Rocha’s request comes only a day after a Congress commission announced consultations on the proposed revision of Barrick’s contract to exploit the mine, one of the largest gold deposits in the world.

In late January, the country’s Legislature had said it would review and possibly change the contract with the Toronto-based company, in a bid to make the terms “more favourable” to the country, reported by Diario Libre.

"In November 2009 President Leonel Fernandez declared the contract valid as an agreement between the Dominican Government and Barrick Pueblo Viejo; because of that, we have made a mega-investment in developing the mine,” Rocha told local media.

He also noted that the contract was already “very favourable to the state” and ensured that at least 50% of the economic benefit generated by the project will flow to the government over the life of the operation through taxes and royalties. “This does not take into account substantial spending in the region on goods and services and the taxes paid by employees, contractors and other service providers,” Rocha was quoted as saying.

Pueblo Viejo, which is 60% owned by operator Barrick and 40% by fellow Canadian Goldcorp (TSX: G), (NYSE: GG), was completed at a capital cost of $3.7 billion and created more than 11,000 direct jobs during the construction phase of the project.

The operation, said Barrick when announcing tit had reached commercial production in January, is expected to support about 2,000 direct jobs and nearly 10,000 indirect jobs over the 25-year mine life, with Dominicans accounting for nearly 90% of the full-time workforce.

But the Dominican Government argues the contract with Barrick states the country will only start receiving benefits once the gold giant recovers the investment in the operation and yields a 10% profit.

After this, reports LPBN, Barrick will begin to pay the Dominican State 28.75% interest in its net profits and 25% of its income tax.

Nunja:
Die Phase des Aui
fbau ist vorbei, jetzt braucht man 9.000 Leute erstmal nicht.

ziemlich verzwickt, wann werden die 3,7 Milliarden denn zurückfließen
und aus welcher Zahl wird das er-oder berechnet.
Kann das 10 Jahre dauern?
Für Barrick kein Problem, es dürfen auch 20 Jahre sein.

Vertrag, Vertrag, Vertrag.
Gibt es Leute die aus diesem Vertrag persönlich profotiert haben?

[dosto]

Arturo Ramirez de Leon • 3 days ago

FUCK YOU, GET OUT OF MY COUNTRY, BAND OF THIEVES.


so sehen dann die recall aus.

[dosto]

Men found dead in Mexico river said to be Southridge Minerals main executives
Cecilia Jamasmie | February 12, 2013






Men found dead in Mexico river said to be Southridge Minerals main executives Cinco Minas

Two men, reportedly the CEO and CFO of U.S.-based exploration firm Southridge Minerals (PINKSHEETS: SRGE), have been found dead in a river in Mexico, local press reports.

The bodies, corresponding to two men in their late 30’s, were found by farmers who also recovered documents with the names of Michel Davies and Derald Johnston, which are the names of Southridge Minerals’s CEO and CFO. However this information has not been officially confirmed.

The company has been involved in a recent controversy over its rights over the Cinco Minas project. The conflict worsened early this month, after a Canadian junior released an independent report revealing that Southridge’s Cinco Minas property has been non-operational for the past several years.

Despite the U.S. company allegedly claiming the contrary, Canada’s Bandera Gold (TSXV:BGL) published a detailed report with photos and videos showing evidence the site and machinery have been “completely non-operational for some time.”

Bandera’s Gold action followed an U.S. Securities and Exchange Commission’s announcement on December 28 that it had “temporarily suspended trading in the securities of Southridge because of questions regarding the accuracy of statements made by Southridge in press releases to investors concerning, among other things, the company’s business operations and arrangements.”

The Dallas-based firm, however, says in its website that it paid $7.5 million for exclusive concessions to mine the Cinco Minas and Gran Cabrera sites respectively located 100 and 135 kilometers northwest of Guadalajara in 2010. This fact is disputed by Bandera Gold, which claims ownership of both mines and displays the concession certificates on its website.

[dosto]

World's richest man Carlos Slim's mining firm run out of town
Frik Els | February 7, 2013




World's richest man Carlos Slim's mining firm run out of town

Minera Frisco (PINK:MFRVF), owned by billionaire Carlos Slim, has suspended exploration activities in the Las Espejeras region in Tetela de Ocampo, Mexico, due to mounting protests by locals and environmentalists.

Puebla Online reports Frisco workers abandoned the site a few weeks ago and it is not clear whether they will be returning.

The report states that the conflict gave the town a tourism boost as local and international media flocked to the area to report on the protests.

Frisco owns 9 mines and projects across the country employing 3,500 people. The firm mines base and precious metals and last year bought up Canada's Aurico Gold's assets in Mexico for $750 million.

Minera Frisco is Slim's second largest holding – he owns 80% of the Mexico-city based miner.

Slim, 72, is the world's richest man with a fortune of some $78 billion largely due to his 43% ownership of America Movil, the largest mobile phone network in the Americas.

http://www.mining.com/carlos-slims-exploration-company-run-o…

[dosto]

Ein Pleite Land in Sicht?


India Posts $20 Billion Trade Gap in January, One of its Widest
By Tushar Dhara - Feb 13, 2013 8:29 AM GMT+0100



India’s trade deficit in January was $20 billion, the Director General of Foreign Trade Anup Pujari said, reporting one of the nation’s widest monthly shortfalls.

Exports climbed 0.8 percent from a year earlier to $25.6 billion while imports advanced 6.1 percent to $45.6 billion, Pujari said at a briefing in New Delhi today as he delivered provisional data.

India’s exports have been hampered by an uneven global recovery even as demand for oil and gold have stoked inward shipments. Reserve Bank of India Governor Duvvuri Subbarao said this week that the “external sector is very vulnerable,” adding the current-account gap may widen to a record in the year through March 2013 from about 4.2 percent of gross domestic product in the previous 12-month period.

“The worrying aspect is the widening trade deficit and petroleum imports are contributing to it,” Commerce Secretary S.R. Rao said at the trade briefing. “We are hopeful that exports will improve in the future.”

India’s current-account shortfall, the broadest measure of trade, widened to an unprecedented $22.31 billion in the quarter ended September 30.

The deficit has weighed on the rupee, which has weakened 8.6 percent against the dollar in the past year. The currency has climbed about 3 percent since mid-September, when Prime Minister Manmohan Singh began policy changes to bolster a faltering economy.

The rupee was little changed at 53.855 per dollar as of 12:34 p.m. in Mumbai. The BSE India Sensitive Index rose 0.6 percent. The yield on the 8.15 percent note maturing June 2022 fell to 7.84 percent from 7.87 percent yesterday.

India Posts $20 Billion Trade Gap in January, One of its Widest
By Tushar Dhara - Feb 13, 2013 8:29 AM GMT+0100

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India’s trade deficit in January was $20 billion, the Director General of Foreign Trade Anup Pujari said, reporting one of the nation’s widest monthly shortfalls.

Exports climbed 0.8 percent from a year earlier to $25.6 billion while imports advanced 6.1 percent to $45.6 billion, Pujari said at a briefing in New Delhi today as he delivered provisional data.

India’s exports have been hampered by an uneven global recovery even as demand for oil and gold have stoked inward shipments. Reserve Bank of India Governor Duvvuri Subbarao said this week that the “external sector is very vulnerable,” adding the current-account gap may widen to a record in the year through March 2013 from about 4.2 percent of gross domestic product in the previous 12-month period.

“The worrying aspect is the widening trade deficit and petroleum imports are contributing to it,” Commerce Secretary S.R. Rao said at the trade briefing. “We are hopeful that exports will improve in the future.”

India’s current-account shortfall, the broadest measure of trade, widened to an unprecedented $22.31 billion in the quarter ended September 30.

The deficit has weighed on the rupee, which has weakened 8.6 percent against the dollar in the past year. The currency has climbed about 3 percent since mid-September, when Prime Minister Manmohan Singh began policy changes to bolster a faltering economy.

The rupee was little changed at 53.855 per dollar as of 12:34 p.m. in Mumbai. The BSE India Sensitive Index rose 0.6 percent. The yield on the 8.15 percent note maturing June 2022 fell to 7.84 percent from 7.87 percent yesterday.

The policy steps include an increase in the duty on gold and platinum imports to 6 percent from 4 percent last month. The nation is the world’s largest bullion buyer.

The government said in December that it will prolong an initiative providing subsidized credit to some exporters through the 12 months to March 2014 to support overseas sales.

To contact the reporter on this story: Tushar Dhara in New Delhi at [e-mail]

To contact the editor responsible for this story: Shamim Adam in Singapore at

The government said in December that it will prolong an initiative providing subsidized credit to some exporters through the 12 months to March 2014 to support overseas sales.

To contact the reporter on this story: Tushar Dhara in New Delhi at [e-mail]

To contact the editor responsible for this story: Shamim Adam in Singapore at

[dosto]

Rio TintoRohstoff-Riese fährt Milliardenverlust ein
14.02.2013, 10:44 Uhr, aktualisiert heute, 11:59 Uhr

Hohe Abschreibungen, Ärger in Mosambik und der Mongolei sowie ein überraschender Chefwechsel: Der zweitgrößte Bergbaukonzern Rio Tinto ringt mit Problemen – und erleidet den ersten Jahresverlust der Firmengeschichte.


LondonDer Bergwerkskonzern Rio Tinto ist wegen milliardenschwerer Abschreibungen in die roten Zahlen gerutscht – der erste Jahresverlust in der Unternehmensgeschichte. Im Gesamtjahr stand unter dem Strich ein Verlust von 2,99 Milliarden Dollar, teilte das britisch-australische Unternehmen mit. Vor einem Jahr stand hier noch ein Gewinn von 5,8 Milliarden Dollar. Auch das Ergebnis vor Zinsen, Steuern und Abschreibungen (Ebitda) blieb mit 19,1 Milliarden Dollar hinter dem Vorjahreswert von 28,5 Milliarden Dollar zurück.

[dosto]

Billionaires Soros, Bacon Cut Gold Holdings on Decline
By Debarati Roy & Phoebe Sedgman - Feb 15, 2013 9:34 AM GMT+0100




Billionaire investors George Soros and Louis Moore Bacon cut their stakes in exchange-traded products backed by gold last quarter as futures dropped the most in more than eight years. John Paulson maintained his holding.

Soros Fund Management LLC reduced its investment in the SPDR Gold Trust, the biggest fund backed by the metal, by 55 percent to 600,000 shares as of Dec. 31 from three months earlier, a U.S. Securities and Exchange Commission filing showed yesterday.

Bacon’s Moore Capital Management LP sold its entire stake in the SPDR fund and lowered holdings in the Sprott Physical Gold Trust. Paulson & Co., the largest investor in SPDR, kept its stake at 21.8 million shares.
Hedge funds have cut their bets on a gold rally by 56 percent since reaching a 13-month high in October as manufacturing rebounded from the U.S. to China.


nanu

i wo hier handelt es sich nicht uim Ratten, die das sinkende Schiff verlassen

[dosto]

Global gold investment, including bars, coins and ETPs, dropped 8.3 percent to 424.7 tons in the fourth quarter from a year earlier, the World Gold Council said in a report yesterday. Full-year investment slid 9.8 percent to 1,534.6 tons, it said.

The Standard & Poor’s 500 Index climbed to a five-year high yesterday and has surged 6.7 percent in 2013. The gauge has more than doubled since bottoming in March 2009 as the U.S. Federal Reserve conducted three rounds of bond buying to lower interest rates, boost growth and support the labor market.

Quelle:Bloomberg

[dosto]

Anglo American plunges into $1.5bn net loss in 2012



Anglo American plunges into $1.5bn net loss in 2012

Barrick Gold Reports 4Q Net Loss; CEO Pledges Disciplined Spending

Kinross Still Believes In Tasiast Despite Massive Writedown -

Higher Fourth-Quarter Costs 'Unusual' – Agnico-Eagle CEO -

[dosto]

Equity Precious Metals: Total Returns
Print
Data through 2/15/2013. Click here to return to the Fund Category Performance page.
Our favorite Equity Precious Metals funds.
Category Name Ticker 1 Month(%) YTD(%) 3 Month(%) 1 Year(%) 3 Year(%) 5 Year(%)
Equity Precious Metals -12.16 -12.66 -13.13 -26.13 -2.25 -2.24
American Century Global Gold A ACGGX -12.85 -13.54 -12.99 -24.71 -0.99 -1.67
American Century Global Gold A LW ACGGX.LW -12.85 -13.54 -12.99 -24.71 -0.99 -1.67
American Century Global Gold Instl AGGNX -12.81 -13.49 -12.89 -24.36 -0.56 -1.22
American Century Global Gold R AGGWX -12.88 -13.61 -13.08 -24.90 -1.27 -1.92
American Century Global Gold C AGYCX -12.90 -13.60 -13.16 -25.29 -1.75 -2.40
American Century Global Gold Inv BGEIX -12.79 -13.52 -12.95 -24.52 -0.76 -1.42
BlackRock World Gold Investor A BWGAX -12.04 -13.14 -13.89 -25.77 --- ---
BlackRock World Gold Investor A LW BWGAX.LW -12.04 -13.14 -13.89 -25.77 --- ---
BlackRock World Gold Investor C BWGCX -12.00 -13.12 -13.92 -26.32 --- ---
BlackRock World Gold Instl BWGIX -12.01 -13.11 -13.77 -25.57 --- ---
Dynamic Gold & Precious Metals I DWGOX -16.83 -17.88 -21.08 -33.76 -2.47 ---
Wells Fargo Advantage Precious Metals A EKWAX -12.28 -12.95 -14.58 -24.59 -0.94 -0.36
Wells Fargo Advantage Precious Meta A LW EKWAX.LW -12.28 -12.95 -14.58 -24.59 -0.94 -0.36
Wells Fargo Advantage Precious Metals B EKWBX -12.36 -13.04 -14.75 -25.17 -1.68 -1.10
Wells Fargo Advantage Precious Metals C EKWCX -12.35 -13.03 -14.76 -25.16 -1.69 -1.10
Wells Fargo Advantage Prciou Metals Adm EKWDX -12.28 -12.95 -14.56 -24.49 --- ---
Wells Fargo Advantage Precious Metals I EKWYX -12.26 -12.91 -14.51 -24.33 -0.60 -0.05
First Eagle Gold I FEGIX -10.87 -11.67 -11.66 -21.16 2.00 3.02
First Eagle Gold C FEGOX -10.94 -11.78 -11.88 -21.93 0.98 2.00
Franklin Gold and Precious Metals Adv FGADX -12.42 -10.81 -10.21 -29.38 -3.40 -1.17
Franklin Gold and Precious Metals B FGAPX -12.49 -10.92 -10.44 -30.05 -4.35 -2.15
Fidelity Advisor Gold A FGDAX -11.56 -12.24 -13.03 -28.02 -3.27 -2.24
Fidelity Advisor Gold A Load Waived FGDAX.LW -11.56 -12.24 -13.03 -28.02 -3.27 -2.24
Fidelity Advisor Gold B FGDBX -11.62 -12.32 -13.21 -28.57 -4.00 -2.98
Fidelity Advisor Gold C FGDCX -11.64 -12.34 -13.23 -28.57 -3.99 -2.96
Fidelity Advisor Gold I FGDIX -11.54 -12.18 -12.96 -27.77 -2.95 -1.94
Fidelity Advisor Gold T FGDTX -11.59 -12.25 -13.09 -28.21 -3.53 -2.51
Invesco Gold & Precious Metals Invstor FGLDX -10.73 -10.26 -10.79 -22.51 0.12 0.39
Franklin Gold and Precious Metals A FKRCX -12.44 -10.84 -10.30 -29.58 -3.65 -1.42
Franklin Gold and Precious Metals A LW FKRCX.LW -12.44 -10.84 -10.30 -29.58 -3.65 -1.42
Franklin Gold and Precious Metals C FRGOX -12.50 -10.94 -10.45 -30.09 -4.37 -2.16
Fidelity Select Gold FSAGX -11.53 -12.20 -12.97 -27.84 -3.02 -1.98
Gabelli Gold A GLDAX -11.72 -13.57 -14.70 -24.09 -0.13 -1.09
Gabelli Gold A Load Waived GLDAX.LW -11.72 -13.57 -14.70 -24.09 -0.13 -1.09
Gabelli Gold B GLDBX -11.80 -13.64 -14.86 -24.66 -0.92 -1.85
Gabelli Gold C GLDCX -11.74 -13.60 -14.83 -24.64 -0.93 -1.86
Gabelli Gold I GLDIX -11.67 -13.50 -14.59 -23.86 0.06 -0.87
Gabelli Gold AAA GOLDX -11.70 -13.55 -14.66 -24.07 -0.19 -1.14
Invesco Gold & Precious Metals A IGDAX -10.67 -10.20 -10.73 -22.44 0.17 0.42
Invesco Gold & Precious Metals A LW IGDAX.LW -10.67 -10.20 -10.73 -22.44 0.17 0.42
Invesco Gold & Precious Metals B IGDBX -10.79 -10.30 -10.85 -23.09 -0.59 -0.36
Invesco Gold & Precious Metals C IGDCX -10.74 -10.28 -10.91 -23.04 -0.56 -0.36
Invesco Gold & Precious Metals Y IGDYX -6.69 -7.06 -9.33 -19.49 1.55 ---
Van Eck Intl Investors Gold C IIGCX -14.60 -14.77 -16.63 -28.63 -2.48 -0.64
Van Eck Intl Investors Gold I INIIX -14.49 -14.61 -16.33 -27.80 -1.42 3.32
Van Eck Intl Investors Gold A INIVX -14.54 -14.69 -16.46 -28.06 -1.72 0.12
Van Eck Intl Investors Gold A LW INIVX.LW -14.54 -14.69 -16.46 -28.06 -1.72 0.12
Van Eck Intl Investors Gold Y INIYX -14.48 -14.63 -16.39 -27.89 --- ---
Midas MIDSX -13.36 -12.36 -13.36 -41.65 -14.11 -14.69
OCM Gold Advisors OCMAX -13.18 -13.05 -14.46 -25.71 --- ---
OCM Gold Investor OCMGX -13.24 -13.11 -14.54 -26.11 -1.49 -0.01
Oppenheimer Gold & Special Minerals B OGMBX -13.69 -14.39 -15.99 -27.80 -3.20 -1.83
Oppenheimer Gold & Special Minerals C OGMCX -13.70 -14.37 -15.96 -27.72 -3.09 -1.73
Oppenheimer Gold & Special Minerals I OGMIX -13.58 -14.24 -15.69 --- --- ---
Oppenheimer Gold & Special Minerals N OGMNX -13.67 -14.35 -15.90 -27.48 -2.74 -1.35
Oppenheimer Gold & Special Minerals Y OGMYX -13.65 -14.31 -15.79 -27.10 --- ---
Oppenheimer Gold & Special Minerals A OPGSX -13.66 -14.31 -15.84 -27.22 -2.41 -1.02
Oppenheimer Gold & Special Minerals A LW OPGSX.LW -13.66 -14.31 -15.84 -27.22 -2.41 -1.02
ProFunds Precious Metals UltraSector Inv PMPIX -11.95 -13.82 -14.61 -38.10 -8.03 -14.18
ProFunds Precious Metals UltraSector Svc PMPSX -12.02 -13.93 -14.82 -38.72 -8.95 -15.03
Rydex Precious Metals A RYMNX -10.66 -11.23 -9.45 -20.59 -1.69 -4.09
Rydex Precious Metals A Load Waived RYMNX.LW -10.66 -11.23 -9.45 -20.59 -1.69 -4.09
Rydex Precious Metals Adv RYMPX -10.69 -11.27 -9.50 -20.79 -1.93 -4.32
Rydex Precious Metals Inv RYPMX -10.65 -11.20 -9.39 -20.41 -1.43 -3.85
Rydex Precious Metals C RYZCX -10.72 -11.31 -9.62 -21.18 -2.41 -4.81
DWS Gold & Precious Metals S SCGDX -10.38 -11.48 -11.43 -23.91 -2.99 -4.93
DWS Gold & Precious Metals A SGDAX -10.40 -11.51 -11.43 -24.05 -3.21 -5.16
DWS Gold & Precious Metals A LW SGDAX.LW -10.40 -11.51 -11.43 -24.05 -3.21 -5.16
DWS Gold & Precious Metals B SGDBX -10.41 -11.55 -11.57 -24.63 -3.94 -5.88
DWS Gold & Precious Metals C SGDCX -10.43 -11.58 -11.56 -24.64 -3.92 -5.85
DWS Gold & Precious Metals Inst SGDIX -10.36 -11.47 -11.33 -23.81 -2.92 ---
First Eagle Gold A SGGDX -10.88 -11.69 -11.72 -21.32 1.74 2.77
First Eagle Gold A Load Waived SGGDX.LW -10.88 -11.69 -11.72 -21.32 1.74 2.77
Tocqueville Gold TGLDX -14.12 -13.82 -14.07 -26.47 1.62 3.52
USAA Precious Metals and Minerals Instl UIPMX -14.03 -14.22 -14.22 -28.35 -3.68 ---
U.S. Global Inv World Prec Mnral Instl UNWIX -12.77 -12.32 -12.69 -28.27 --- ---
U.S. Global Investors Wld Prec Minerals UNWPX -12.77 -12.39 -12.77 -28.62 -7.23 -7.97
USAA Precious Metals and Minerals Adv UPMMX -14.05 -14.25 -14.28 -28.67 --- ---
USAA Precious Metals and Minerals USAGX -14.01 -14.20 -14.24 -28.49 -3.89 -0.39
U.S. Global Investors Gold and Prec Mtls USERX -11.47 -11.54 -11.86 -22.41 -3.11 -3.64
Vanguard Precious Metals and Mining Inv VGPMX -5.06 -4.70 0.02 -24.47 -1.67 -8.14

[dosto]

* SPDR gold holdings drop 20.77 T as prices fall

* Outflow for the year reaches 51.6 T

* Concerns emerge over further selling

By Jan Harvey

LONDON, Feb 21 (Reuters) - The world's largest gold-backed exchange-traded fund, New York's SPDR Gold Trust, said its bullion holdings dropped by 20.77 tonnes on Wednesday, its largest one-day outflow since August 2011.

That coincided with the largest one-day sell off in gold in nearly a year, which saw prices slide 2.6 percent after minutes from the Federal Reserve meeting suggested some Fed members were questioning its ultra-loose monetary policy.

ETFs, which issue securities backed by physical metal, have proved a popular way to invest in gold since the first fund was launched in 2004.

The SPDR fund now holds nearly 1,300 tonnes of gold, larger than the bullion reserves of Switzerland, Russia and Japan. Its holdings peaked at 1,353 tonnes in December 2012, but have fallen 51.6 tonnes so far this year.

Gold prices have dropped 6.3 percent in the same period.

While ETF investors have so far resisted large-scale selling even when prices are falling, such holdings are in theory easy to liquidate if they choose to switch funds to other assets, potentially returning significant amounts of gold to the market.

"What people are concerned about is that the physical ETFs are a major threat in a way, in that if people become convinced that the bull run is unwinding, you may start to see (those inflows) moving in the opposite direction," Standard Chartered analyst Daniel Smith said.

"That can create a vicious circle of selling, and lower prices, and selling. People are watching that very closely." (Reporting by Jan Harvey; Editing by Veronica Brown and Alison Birrane)

[dosto]

Let-s go Surf in Salzburg


Rathgeber: "Schattenportfolio war allen bekannt"
21. Februar 2013, 09:03




Monika Rathgeber, die entlassene Leiterin des Salzburger Budgetreferats, sagt am Donnerstag vor dem U-Ausschuss aus

Salzburg - Am zweiten Tag der Einvernahmen im Salzburger Untersuchungsausschuss zum Finanzskandal legt die entlassene Referatsleiterin Monika Rathgeber am Donnerstag ihre Version der Vorgänge im Finanzmanagement des Landes seit 2001 dar.


Alle hätten gewusst, dass es ein Schattenportfolio gab, so Rathgeber:

Dass es Veranlagungen gab, die nicht Bestandteil des Berichts waren, sei allgemein bekannt gewesen. Aus Kostengründen habe der Finanzbeirat etwa bewusst entschieden, kurzfristige Devisentermingeschäfte mit Laufzeiten von bis zu einem Jahr nicht in den Bericht aufzunehmen.

"Keine Meldeverpflichtung"

Rathgeber bestätigte, 253 Geschäfte nicht gemeldet zu haben. "Es gab keine Verpflichtung dazu, weil die Geschäfte nicht für das Land, sondern für die Fonds abgeschlossen wurden", so die 41-Jährige. Sie wich damit nicht von ihrer Überzeugung ab, Schulden und Vermögen im Landeswohnbaufonds und im Versorgungs- und Unterstützungsfonds (VUF) seien keine Geschäfte für das Land gewesen.

Eine Interpretation, die vor allem bei der SPÖ für Unverständnis sorgte: "Hinter all diesen Fonds steht zu 100 Prozent das Land Salzburg, das Land trägt das Risiko und die Finanzgeschäfte dieser Fonds haben in letzter Konsequenz volle Auswirkung auf die Landesfinanzen", erklärte Klubchef Roland Meisl in einer Aussendung.
Wie schon vor dem Arbeitsgericht Anfang Februar bestätigte Rathgeber vor am Ausschuss, Unterschriften ihres Mitarbeiters kopiert zu haben - "dabei hat es sich aber nicht um Verträge, sondern nur um Bestätigungen gehandelt" - und leugnete auch nicht, im Zuge einer Prüfung durch den Rechnungshof Protokolle des Finanzbeirats abgeändert zu haben. Allerdings erst, als sie eine Aussage von Abteilungsleiter Eduard Paulus als entsprechende Aufforderung dazu verstanden habe. "Ich habe ihn und meinen Mitarbeiter über die Änderungen auch informiert."

"Nicht das Land schädigen"

Rathgeber berichtete von ihren Schwierigkeiten, mit einer Entscheidung des Finanzbeirats im Juli 2012 umzugehen. Der Finanzbeirat habe ein Geschäft auflösen wollen, Rathgeber war dagegen. "Es war sehr emotional. Ich war traurig." Der Finanzbeirat hätte nur eine Woche warten müssen, dann hätte man das Geschäft ausgeglichen abschließen können. "Aber sie wollten es auf die Stunde auflösen, ich habe das nicht verstanden." Letztlich sei dadurch ein Verlust entstanden. "Ich sagte, sie sollen doch mich bestrafen, aber nicht das Land schädigen."

Als sie das betreffende Geschäft hinter dem Rücken der Abteilungsleitung rückgängig machte, ist allerdings genau das passiert. Ihr wurden alle Kompetenzen entzogen, Festnetztelefon und Computer gesperrt sowie das Diensthandy abgenommen, sie selbst wurde auf Urlaub geschickt.

220 der 253 nicht gemeldeten Derivatgeschäfte seien zudem reine Absicherungsgeschäfte gewesen, die nicht zu einer Risikoerhöhung beigetragen hätten, der Rest Altlasten aus der Zeit vor der Finanzkrise.

Zur Aussage von Finanzreferent David Brenner (SPÖ), das Land Salzburg habe nie einen einzigen Cent an Steuergeld verspekuliert, meinte sie: "Das ist Interpretationssache. Was bei der Finanzkrise 2008 an Eigenmittel eingesetzt worden ist, ist in den Vorjahren schon verdient worden." Die Verluste seien damals nicht im Haushalt ersichtlich gewesen, sondern wurden erst über die nächsten Jahre abgebaut. "Das haben Abteilungsleiter und Ressortchef gemeinsam entschieden." Ab 2009 habe sich die Marktlage stabilisiert. 2011 waren die realisierten Verluste wieder hereingebracht. "Das war nicht geheim."

Ratgeber sagte auch, dass Brenner damals zumindest am Rande an Sitzungen des Finanzbeirats teilgenommen habe und in "Jours fixes" über Risiken informiert worden sei. "Ich habe wiederholt darauf hingewiesen, dass das Risiko der Fixzinsschulden doppelt so hoch ist, wie das Risiko aus allen Derivaten."
Die furchtbarste Zeit sei die Finanzkrise 2008 gewesen, sagte Rathgeber in ihrer historischen Zusammenfassung. "Brenner war völlig in Panik." Dieser habe Anrufe von Banken erhalten, und ein Bekannter von ihm, der bei der Deutschen Bank arbeitete, habe Brenner geraten, sofort alle Positionen zu schließen. "Paulus und ich waren nicht so begeistert", erklärte Rathgeber. Auch der Finanzbeirat habe empfohlen, nicht in Panik aufzulösen, sondern Risken zu minimieren. Brenner habe aber den Wunsch geäußert, "Positionen bei der Deutschen Bank, die so im Minus sind, zu schließen". Rathgeber habe diese Weisung auch von ihrem Vorgesetzten Paulus bekommen. "Ich kann mich gut erinnern, weil die Verluste so hoch waren."


Kritik an Brenners Finanzbericht

Nach der Finanzkrise 2008 sei man bei den Veranlagungen in Salzburg "einen vollkommen anderen Weg gegangen". Einige Arten von Geschäften wurden nicht mehr gemacht. In erster Linie seien nur noch Zinstausch- und Absicherungsgeschäfte getätigt worden.

Rathgeber gab aber nicht nur einen Einblick in den historischen Ablauf der Ereignisse, sie nahm auch Stellung zur derzeitigen Aufarbeitung des Skandals. An dem Finanzbericht, den Brenner am 16. Jänner präsentierte, kritisierte Rathgeber, dass "verschiedene Rechtspersonen miteinander vermengt werden". Die Schulden des Landes und die Verbindlichkeiten des Landeswohnbaufonds oder Veranlagungen des Versorgungs- und Unterstützungsfonds würden einfach zusammengerechnet werden



Hohe Fixzinsen

Zu den Darlehen der Bundesfinanzierungsagentur (ÖBFA) erklärte Rathgeber erneut, dass kein einziger Euro für Veranlagungen verwendet worden sei. Das Land stelle das in seinem Bericht aber so dar. "Diese Darstellung schadet dem Land. Ich verstehe nicht, warum das gemacht wird." Die ehemalige Referatsleiterin mutmaßt: "Ich war nur bis 17. Juli im Budget, es kann natürlich sein, dass die Zuordnung der Gelder seither geändert wurde."

Auch wie die Spekulationsgeschäfte derzeit gemanagt werden, kritisierte Rathgeber und warnte vor dem U-Ausschuss: "Durch den Ausstieg aus Derivaten werden dem Land hohe Fixzinsen entstehen." Wenn etwa die ÖBFA-Swaps geschlossen werden, würde das Land statt bisher 0,3 Prozent Zinsen Fixzinsen in der Höhe von 4,8 Prozent bezahlen. Diese "enormen Fixzinskosten" durch aufgelöste Geschäfte würden zudem nicht nur für das Land anfallen, sondern auch zum Großteil für Landeswohnbaufonds. (APA/ruep, derStandard.at, 21.2.2013)

[dosto]

So, dieser wunderbare Trust


GDXJ
Market Vectors Junior Gold Miners ETF (ETF

ist jetzt nach 2 JAHREN

BEI

60 % Verlust angelang

Das Wort Trust -Vertrauen-Verantwortung-Treuhand

sollte nunersetzt werden.

[dosto]

GDX
Market Vectors ETF Trust Market Vectors Gold Miners (ETF)

Das ist der Große Bruder

auch er hat eine 2-Jahresbilanz von

35 % Minus.

Und das im sicheren Hafen von Gold und Silber

[dosto]

Russia: Illicit Financial Flows and the Underground Economy

A February 2013 Report from Global Financial Integrity


y Findings

The Russian economy lost at least US$211.5 billion in illicit financial outflows from 1994 to 2011. These outflows represent the proceeds of crime, corruption, and tax evasion, and have serious negative consequences for the Russian economy.



63.8% of these illicit financial outflows, or US$135 billion, left Russia through unrecorded wire transactions, as measured by GFI's Hot Money Narrow (HMN) model.



Furthermore, the report found $552.9 billion in illicit inflows to the Russian economy, primarily due to trade-based money laundering, also called trade misinvoicing.


Underground Economy

The report estimates the size of Russia's underground economy--which includes, among other things, drug smuggling, arms trafficking, and human trafficking--at a massive 46% of GDP over the study period.



Illicit inflows and outflows were both found to drive the underground economy, which in turn drives illicit inflows and outflows. This feedback loop is described by Dr. Kar in the report as, "a snowballing effect, whereby both the underground economy and illicit flows continue to grow at an increasing rate until policy measures and institutions intervene."


Broader Capital Flight

The report's broader measure of capital flight, CED+GER, found that Russia lost a staggering US$782.5 billion in outflows from 1994-2011. This methodology is broader than the more conservative HMN+GER methodology, and may include some licit private sector flows of capital.



The price of oil was found to be a major driver of broader capital flight.


Cyprus Connection

The report finds that Cyprus, a small island nation with a GDP of just US$23 billion, is both the largest source and destination of Russian foreign direct investment (FDI) from 2009-2011. Cyprus sent US$128.8 billion into Russia in 2011 alone, more than 5 times Cyprus's GDP.



Dr. Kar notes that, "The recorded FDI positions merely reflect the round-tripping of prior illicit deposits from Russia into Cyprus," making Cyprus a major money laundering machine for Russian criminals.


Policy Solutions

The authors recommend the following policy solutions:



Boost Russian customs enforcement by training officers in better detection of trade-based money laundering through intentional misinvoicing of trade.

More closely monitor transactions between Russia and tax havens like Cyprus and Switzerland.
Require that all Russian banks know meaningful beneficial ownership information of any account opened in their institution.
Russia should use its influence to push for these and other transparency reforms at the upcoming G20 summit, which Russia will chair.

http://russia.gfintegrity.org/index.html

c/o
ccc

[dosto]

Bloomberg) -

Detour Gold Corp., a miner backed by billionaire hedge-fund manager John Paulson, is avoiding acquisitions that have hurt competitors to focus on its C$1.5 billion ($1.46 billion) project in northern Ontario.

The company has set “deliverable” targets at Detour Lake, potentially the biggest gold mine in Canada, Chief Executive Officer Gerald Panneton said. The value of some miners is “dilapidated” because they issued shares to fund acquisitions that diverted management’s attention, he said.

“A mine is a headache, pure and simple, so if you have 10 mines, how many headaches do you have?” Panneton said in a March 5 interview at Bloomberg’s Toronto office. “If you have one mine and you are focusing, you have a better chance of success.”

Auszug:
http://www.mineweb.com/mineweb/content/en/mineweb-mining-fin…

[dosto]

Es sind noch keine 3 Monate vergangen und die gesamte Finanzclique
wirt ihre Gold und Silberprognosen in den Papierkorb.

Alle sehen das Ende der Rally.

Einzig Möglichkeit der Bugs, selbst kaufen, von den Neueinsteigern gibts zu wenige.

Die BNP Paribas hat daher jüngst ihre Silberpreisprognosen gesenkt. „Unserer Meinung nach hat Gold kurzfristig wenig Aufwärtspotential und dies sollte sich angesichts der engen Korrelation zwischen den beiden Edelmetallen insbesondere auch negativ auf den Silberpreis auswirken“, schreibt die Analystin Anne-Laure Tremblay im aktuellen „Silver, Platinum und Palladium Report“. Nach einer denkbaren Erholung in der zweiten Jahreshälfte 2013 sei Silber anfällig für eine scharfe Korrektur, wenn die Goldrally 2014 endet, heißt es weiter.

Die BNP Paribas erwartet für 2013 nun einen durchschnittlichen Silberpreis von 31,35 US-Dollar je Feinunze. Am 31. Januar 2013 waren noch 34,10 US-Dollar pro Unze erwartet worden. Die Silberprognose für 2014 wurde von 30,10 auf 28,45 US-Dollar pro Feinunze gesenkt.

Wenn das obige tatsächlich herauskommt,
kommen einige pure Silberminer mi8t Zink und Blei-Anhang in
Schwulitäten.
Neuer Minenbau aus Cash Flow wird schwierig werden für Mittelminer,
die Jungs haben ihre CAPEX zu managen. Für Shareholder
wird es nahzu eien Gradwanderung werden und anseilen wäre dann gut.

[dosto]

Indien.

Gefahr für den Goldmarkt?

Vielleicht?

Woher: Aus Verpumten Gold gegen Papier. Üblich in Indien und kein kleiner Markt. (Ein Artikel steht hier im Thread)

Grund: Hohe Zinsen von 15 bis 20 %

Warum die Auswirkungen:

Vor 1 Jahr notierte Gold bei 85.000 Rupeen, das tut es heute auch.
Folglich hat der Pumper die Aufgabe die die volle Zinsspanne zu erwirtschften.
Mußte er früher nicht, da Gold mehr stieg als die Zinsen kosteten.

Heute alles ganz anders.
Die Infaltion schlägt auf gleichbleibende oder gar sinkende Goldpreise
genauso wie evt. Wertverluste oder Stagnation durch.

Folgen: Fürs Gold wird es weniger Kredit geben.
Die Alten Kreditsummen müssen vom Schuldner nachgebessert werden um
die margin beizubehalten.

No time for margin boys.

Interessante Situation, das Spiel läuft, noch wird der Ball flachgehalten.
Ein hoher Ball in den Strafraum macht allerdings Furor, die Verteidiger
müßen schon im Mittelfeld blocken.
Wie g8ut sind die Indischen Spieler?

Keine Ahnung, habe mir eine Eintrittkarte gekauft,
um das von einem oberen Rang zu beobachten.

Von einem Goldcrash spreche ich nicht.

[dosto]

on Mar 18, 2013 5:05pm EDT

(Reuters) - JPMorgan Chase & Co (JPM.N) has won the dismissal of a nationwide investors' lawsuit accusing the largest U.S. bank of conspiring to drive down silver prices.

U.S. District Judge Robert Patterson in Manhattan said the investors, who bought and sold COMEX silver futures and options contracts, failed to show that JPMorgan manipulated prices at their expense, including by amassing huge short positions that were not justified by market events at the time.

In a decision made public on Monday, Patterson said that while the investors showed that JPMorgan had the ability to influence prices, a fact the bank did not dispute, they failed to show that the bank "intended to cause artificial prices to exist" and acted accordingly.

A lawyer for the investors did not immediately respond to a request for comment.

JPMorgan did not immediately respond to a similar request.

Investors had, in at least 43 complaints filed in 2010 and 2011, accused banks of amassing hundreds of millions of dollars in illegal profit by manipulating silver prices.

After the lawsuits were consolidated, HSBC Holdings Plc (HSBA.L) was dropped in September 2011 as a defendant, leaving JPMorgan and 20 unnamed individuals as defendants.

Patterson had rejected the investors' claims in December, but gave them one last chance to bolster their case.

The complaint had sought triple damages for what it called JPMorgan's antitrust violations in distorting silver prices between 2007 and 2010, including through alleged "fake" trades late in the day when market volume was thin.

The Commodity Futures Trading Commission began probing allegations of silver price manipulation in 2008, and two years later proposed regulations to give it greater power to thwart traders who try to manipulate prices.

The case is In re: Commodity Exchange Inc Silver Futures and Options Trading Litigation, U.S. District Court, Southern District of New York, No. 11-md-02213.

(Reporting by Jonathan Stempel in New York; Editing by Jan Paschal)

[dosto]

RESOURCES
Quebec Innu file $900-million lawsuit against Iron Ore Co. of Canada Add to ...

MONTREAL — The Canadian Press













Two Quebec Innu communities have filed a $900-million lawsuit against the Iron Ore Co. of Canada, claiming the miner has violated its rights for nearly 60 years.

The Innu First Nations of Uashat Mak Mani-Utenam (Uashaunnuat) and Matimekush-Lac John (MLJ) said the IOC, which is majority-owned by Rio Tinto, caused harm by operating a large mining complex and railway on traditional territory (Nitassinan) in northeastern Quebec and Labrador since the 1950s without their prior consent.

http://www.theglobeandmail.com/globe-investor/quebec-innu-fi…

[dosto]

ntario court approves $117-million Sino-Forest, Ernst & Young settlement

TORONTO — The Canadian Press

Published Wednesday, Mar. 20 2013, 8:15 PM EDT




The Ontario Superior Court has approved a $117-million class-action settlement involving Sino-Forest Corp. and its former auditor, Ernst & Young.

The agreed deal will see the accounting firm pay into a fund to compensate shareholders of the troubled Chinese-Canadian company, which has been accused of fraudulently overstating its assets.

http://www.theglobeandmail.com/globe-investor/ontario-court-…

[dosto]

Deutsche Avoids Losses as Gold Lender Plunges
By Anto Antony & Bhuma Shrivastava - Mar 21, 2013 11:36 AM GMT+0100

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Indian units of Deutsche Asset Management and BlackRock Inc. (BLK) are among investors who avoided losses by dumping stakes in Manappuram Finance Ltd. (MGFL) before the lender this week plunged 31 percent.

The finance company, which accepts gold as collateral, had its biggest two-day drop since May 2003, after it told one brokerage on March 18 about a potential loss, citing a slide in the prices of the yellow metal. It informed a wider community of investors the following day. The company made a detailed exchange filing after trading hours yesterday. Deutsche Asset sold all the 1.25 million shares it owned in the company as of Feb. 28, according to data compiled by Bloomberg.

The uneven disclosure of information prompted a unit of Banco Espirito Santo SA, Portugal’s biggest publicly traded bank, to lower Manappuram’s corporate governance rating to the lowest level and recommended investors to sell the stock. Bank of America Corp.’s Merrill Lynch unit slashed the price target by 58 percent yesterday. The Indian lender said declining gold prices may trigger an increase in defaults and forecast a 500 million rupee ($9.2 million) loss in the quarter.

“Corporate governance is a bigger concern for the stock, as it will be very difficult to believe in the management,” Nidhesh Jain, a Mumbai-based analyst with Espirito Santo Securities Ltd. said in an e-mail response. Manappuram had earlier given different explanation about a decline in yields on loans and profitability in the third-quarter to disparate market participants, Jain said.

The lender dropped 0.4 percent to 23.85 rupees in Mumbai today. Rival Muthoot Finance Ltd. (MUTH) advanced 2.2 percent. The benchmark S&P BSE Sensex (SENSEX) fell 0.5 percent.
Rated Red

Manappuram is the second company to be rated red on the disclosure score by Espirito Santo among the 34 finance firms and banks it tracks in India.

The company first spoke to Ambit Capital Pvt. seeking help in “guiding the market about fourth-quarter results and future outlook,” Manappuram said in a filing to exchanges yesterday. “The statement that the company has selectively shared some information with some investors is false and baseless.”

V. P. Nandakumar, managing director and chief executive officer of Thrissur, India-based Manappuram, didn’t answer four calls made to his mobile phone today. Managing Director I. Unnikrishnan didn’t respond to three calls on his mobile phone.

DSP BlackRock Investment Managers Pvt. sold 158,168 shares, data as of Feb. 28 show. Goldman Sachs Asset Management dumped Manappuram in November, the data show.

Linus Chettiar, a spokesman for Deutsche Bank AG in Mumbai, said the company won’t comment on why its asset management unit sold Manappuram’s shares. Arun Rajendran, a spokesman for DSP BlackRock, did not answer a call to his mobile phone.
‘Show of Hand’

The asset management unit of Swedish bank Skandinaviska Enskilda Banken AB (SEBA) bought 1.1 million shares of Manappuram, according to a Dec. 31 filing. DNB Asset Management AS purchased 500,000 shares last month, the data show.

In August, the company passed a special resolution by “a show of hand” to change its Articles of Association, according to exchange filings. Institutional Investor Advisory, a proxy adviser, had asked investors to reject the amendment that gave four investors the right to veto proposals in shareholder meetings and decide whether the founders could sell their stake.

“There is an expectation from a listed company that its information dissemination would be more even-handed,” Amit Tandon, managing director of Institutional Investor Advisory, said in an interview. “One of the problems with the mid-caps is that sometimes they are closer to one set of investors.”
Collateral Value

The company, which had outstanding gold loans of more than 100 billion rupees as of Dec. 31, may lose part of the interest due on it because a drop in prices of the yellow metal has reduced the value of the collateral, the company said in an analyst conference call on March 19.

The security for loans amounting to 15 billion rupees disbursed in the three months to December 2011, may not be adequate to cover the interest accrued on it due to a high loan to value ratio, it said in the exchange filing.

“Everyone knew that there are significant slippages in the gold loan business but 15 percent of disbursements turning bad has alarmed investors,” said Espirito Santo’s Jain.

In March last year, India’s central bank asked non-bank finance companies to cap loans at 60 percent of the value of the gold kept as collateral. Before the rule, Manappuram was lending as much as 85 percent of the value of the gold, according to Ambit Capital.
Gold Price

“Fundraising for lending is anyway constrained for these gold loan companies,” Vibha Batra, New Delhi-based senior vice president at ICRA Ratings Ltd. said by phone. “If the asset quality also declines, then there is a negative equity sentiment, which might make incremental funding harder.”

Gold in India has dropped 3.4 percent this year. Prices of the metal have increased every year since 2005. Prices may decline another 2 percent, according to Bhargav Vaidya, director of B.N. Vaidya & Associates, a Mumbai-based gold traders advisory.

Manappuram’s “guidance has been inconsistent and the risk to future earnings is high,” Veekesh Gandhi and Rajeev Varma, analysts at Bank of America said in their note to clients yesterday.

To contact the reporters on this story: Anto Antony in Mumbai at [e-mail]; Bhuma Shrivastava in Mumbai at [e-mail]

[dosto]

1. Wie vermutet, daß es kommen kann
2. schneller als man denkt

The Indian lender said declining gold prices may trigger an increase in defaults and forecast a 500 million rupee ($9.2 million) loss in the quarter.



The company, which had outstanding gold loans of more than 100 billion rupees as of Dec. 31, may lose part of the interest due on it because a drop in prices of the yellow metal has reduced the value of the collateral, the company said in an analyst conference call on March 19.


“Everyone knew that there are significant slippages in the gold loan business but 15 percent of disbursements turning bad has alarmed investors,” said Espirito Santo’s Jain.



In March last year, India’s central bank asked non-bank finance companies to cap loans at 60 percent of the value of the gold kept as collateral. Before the rule, Manappuram was lending as much as 85 percent of the value of the gold, according to Ambit Capital.
Gold Price

The security for loans amounting to 15 billion rupees disbursed in the three months to December 2011, may not be adequate to cover the interest accrued on it due to a high loan to value ratio, it said in the exchange filing.

[dosto]

Manappuram Finance Ltd
+ Add to Watchlist
MGFL:IN
23.85 INR 0.10 0.42%
Share

As of 07:06:18 ET on 03/21/2013.
More on MGFL



MGFL:IN
23.85 -0.42%

Save as Watchlist
Snapshot for Manappuram Finance Ltd (MGFL)
Open: 24.50 Day's Range: 22.55 - 25.65 Volume: 14,902,826
Previous Close: 23.95 52wk Range: 18.31 - 46.00 1-Yr Rtn: -45.53%

[dosto]

S&P/TSX EQUAL WEIGHT GLOBAL GOLD INDEX - MARCH 2013 - QUARTERLY REVIEW
DELETIONS
Issue Name Symbol Exchange
Colossus Minerals Inc. CSI TSX
Kirkland Lake Gold Inc. KGI TSX
Rainy River Resources Ltd. RR TSX

S&P/TSX GLOBAL MINING INDEX - MARCH 2013 - QUARTERLY REVIEW



DELETIONS
Issue Name Symbol Exchange
Sabina Gold & Silver Corp. SBB TSX
San Gold Corporation SGR TSX

[dosto]

Londoner Goldfixing

1. Quartal 2013

Average: 1.631,77

[dosto]

Londoner Silber-Fixing

1 Quartal 2013

Average: 30,11

[dosto]

Silber Trust ETF -SVL-

rofile as of 3/28/2013
Description Value
Total Net Assets $9.852.053.793
Shares Outstanding 356.000.000
Sponsor's Fee 0,50%
Inception Date 4/21/2006
Ounces of Silver in Trust 344.128.478,100
Tonnes of Silver in Trust Tonnes of Silver in Trust

One metric tonne is equivalent to 1,000 kilograms or 32,150.7465 troy ounces.
10.703,59
Indicative Basket Silver Amount 48.311,400
Basket Silver Amount 48.314,100
NAV per SLV in Silver NAV per SLV in Silver

Current basket of silver in ounces as a percentage of inception basket size of 50,000 ounces.
96,623%
Benchmark London Silver Fix Price
Index Ticker SLVRLN<index>
Net Asset Value
as of 3/28/2013 $27,67

$0,29
1,06%

Price
as of 3/28/2013 $27,42

[dosto]

rofile as of 3/28/2013
Description Value
Total Net Assets $10.899.613.669
Shares Outstanding 701.600.000
Sponsor's Fee 0,25%
Inception Date 1/21/2005
Ounces of Gold in Trust 6.821.025,624
Tonnes of Gold in Trust Tonnes of Gold in Trust

One metric tonne is equivalent to 1,000 kilograms or 32,150.7465 troy ounces.
212,16
Indicative Basket Gold Amount 485,998
Basket Gold Amount 486,012
NAV per IAU in Gold NAV per IAU in Gold

Current basket of gold in ounces as a percentage of inception basket size of 500 ounces.
97,200%
Benchmark London Gold PM Fix
Index Ticker GOLDLNPM
Net Asset Value
as of 3/28/2013 $15,54

$-0,04
-0,26%

Price
as of 3/28/2013 $15,52

[dosto]

Aufgelaufenne Förderung in 2013 in circa:

Gold: 18.800.000 Unzen
Silber: 177.00.000 Unzen

[dosto]

Verbrauch der Industrie

ca. 100-110 Millionen Unzen

[dosto]

Vergleriche

Sprott Silber heute


Net Asset Value
Net Asset Value per Unit* $11.07
Premium/Discount Calculation 1.31%
(In U.S. Dollars. Data last updated Thursday, March 28, 2013 6:00 PM EST)
Premium/Discount Calculation is calculated using the mid-point of the trust unit's bid-ask price at the close of trading and the calculation of premium or discount of that price, expressed as a percentage, to the trust unit's Net Asset Value as calculated by the Valuation Agent for that same day.

Intraday Indicative Value** $10.95
Intraday Premium/Discount Calculation 1.2%
(Data last updated Monday, April 01, 2013 10:24 AM EST)
Intraday Premium/Discount Calculation is the premium/discount expressed as percentage of the trust unit's Last Traded Price against the Intraday Indicative Value. Intraday data only populates during active market trading hours.

Units Outstanding 127,367,197
Previous Closing Price $11.21
Trading Volume 1,098,795
Total Ounces of Silver held within Trust 49,287,870
Total Market Value of Silver held within Trust $1,397,311,128
Total Net Asset Value of Trust $1,410,525,780
(In U.S. Dollars. Data last updated Thursday, March 28, 2013 6:00 PM EST)

[dosto]

Net Asset Value
Net Asset Value per Unit* $12.70
Premium/Discount Calculation 6.64%
(In U.S. Dollars. Data last updated Wednesday, March 28, 2012 6:00 PM EST)
Premium/Discount Calculation is calculated using the mid-point of the trust unit's bid-ask price at the close of trading and the calculation of premium or discount of that price, expressed as a percentage, to the trust unit's Net Asset Value as calculated by the Valuation Agent for that same day.

Intraday Indicative Value** The market is now closed
Intraday Premium/Discount Calculation The market is now closed

Intraday Premium/Discount Calculation is the premium/discount expressed as percentage of the trust unit's Last Traded Price against the Intraday Indicative Value. Intraday data only populates during active market trading hours.

Units Outstanding 83,866,125
Previous Closing Price $13.54
Trading Volume 527,958
Total Ounces of Silver held within Trust 32,878,296
Total Market Value of Silver held within Trust $1,054,160,374
Total Net Asset Value of Trust $1,064,875,944
(In U.S. Dollars. Data last updated Wednesday, March 28, 2012 6:00 PM EST)

Month To Date

Premium (Discount) Frequency Distribution
March 01, 2012 - March 28, 2012

[dosto]

Market Nuggets: Barclays: First-Quarter Gold ETP Outflows Hit 154 Metric Tons

Monday April 01, 2013 8:56 AM

Outflows from global gold exchange-traded products in the
first quarter were 154 metric tons,
the weakest on record and tripling the previous weakest quarter of minus 50 tons in the first quarter of 2011, say analysts with Barclays Capital. Preliminary data show ETP gold holdings fell by 45 tons in March. Analysts describe the first quarter as a “stark contrast” with the first quarter of 2012, when there were inflows of 71 tons. However, Barclays analysts note, ETP outflows appear to have slowed lately, with modest fresh inflows more recently of around a ton.

[dosto]

Market Nuggets: Barclays: U.S. Mint Gold-Coin Sales Slip In March

Monday April 01, 2013 8:56 AM

Data on the U.S. Mint Web site show that gold-coin sales were 62,000 ounces in March.
Analysts with Barclays Capital note this is down 1% year-on-year and 23% month-on-month. Sales were 62,500 in the same month a year ago and 80,500 in February 2013.
“Sales for the year-to-date have reached 292.5koz compared to 210.5koz (in the first quarter of 2012),” Barclays says

. “Retail demand for gold has been healthier than ETP (exchange-traded-product) flows and speculative positioning.” Meanwhile

, the Mint reports silver-coin sales of 3,356,500 million ounces last month.

This is up from 2,542,000 in the same month a year ago but down slightly from 3,368,500 in February.

Year-to-date sales of 14,223,000 ounces are up from 10,139,000 in the first three months of 2012.

[dosto]

es geht weiter

Predefined Scans - New 52-week Lows (TSE)
Search For Symbol: x
2 Apr 2013, 12:41 PM
Count: 32
Symbol Name Exch Sector Industry Open High Low Close Volume
ABX.TO Barrick Gold Corp. TSE Materials 29.150 29.200 28.805 28.860 2141009
ANV.TO Allied Nevada Gold Corp. TSE Materials 16.390 16.640 15.360 15.390 86344
AXR.TO Alexco Resources Corp. TSE Materials 3.180 3.180 3.000 3.000 59742
AXY.TO Alterra Power Corp. TSE Energy 0.290 0.300 0.275 0.290 280090
BAA.TO Banro Corporation TSE Materials 1.730 1.730 1.660 1.660 818135
CG.TO Centerra Gold Inc. TSE Materials 5.800 5.880 5.730 5.830 153457
CXX.TO Crosshair Exploration & Mining Corp. TSE Materials 0.090 0.090 0.075 0.090 191000
DGC.TO Detour Gold Corp. TSE Materials 19.190 19.200 18.210 18.380 682904
EDV.TO Endeavour Mining Corp. TSE Materials 1.410 1.430 1.360 1.360 619233
ELD.TO Eldorado Gold Corp. TSE Materials 9.390 9.400 8.880 8.910 2136323
ETG.TO Entree Gold Inc. TSE Materials 0.345 0.375 0.345 0.360 33150
FOS.TO Phoscan Chemical Corp. TSE Materials 0.255 0.255 0.250 0.255 62784
GGA.TO Goldgroup Mining Inc. TSE Materials 0.220 0.230 0.205 0.225 93300
HSD.TO Horizons BetaPro S&P 500 Bear Plus ETF TSE 5.050 5.050 5.010 5.020 206451
HVU.TO Horizons BetaPro S&P 500 VIX Short-Term Futures Bull Plus ETF TSE 8.230 8.260 7.990 8.020 730963
KGI.TO Kirkland Lake Gold Inc. TSE Materials 5.250 5.250 5.100 5.100 124586
LSA.TO Lachlan Star Ltd. TSE Materials 0.455 0.455 0.450 0.455 31000
MAX.TO Midas Gold Corp. TSE Materials 1.220 1.230 1.140 1.150 127760
ML.TO Mercator Minerals Ltd. TSE Materials 0.355 0.355 0.335 0.335 326482
NG.TO Novagold Resources, Inc. TSE Materials 3.660 3.700 3.610 3.650 155885
NML.TO New Millennium Iron Corp. TSE Materials 1.010 1.010 0.950 0.950 196686
ORT.TO Orbite Aluminae Inc. TSE Materials 1.370 1.390 1.020 1.070 3175607
PNP.TO Pinetree Capital Corp. TSE Financial 0.570 0.570 0.550 0.550 105140
QRM.TO Quest Rare Minerals Ltd. TSE Materials 0.560 0.570 0.550 0.550 72094
RDK.TO Redhawk Resources, Inc. TSE Materials 0.340 0.340 0.300 0.300 207000
SCS.TO Second Wave Petroleum Inc. TSE Energy 0.225 0.230 0.170 0.170 525873
SIM.TO Sirocco Mining Inc. TSE Materials 0.550 0.550 0.530 0.530 8500
USA.TO US Silver & Gold Inc. TSE Materials 1.300 1.300 1.210 1.220 96448
USC.TO United Silver Corp. TSE Materials 0.075 0.075 0.065 0.065 38100
VXX.TO iPath S&P 500 VIX Mid-Term Futures ETN TSE 20.450 20.450 20.050 20.070 35192
WJX.TO Wajax Corp. TSE Industrial 37.950 37.950 37.190 37.530 36708
WS.TO Wildcat Silver Corp. TSE Materials 0.660 0.670 0.640 0.650 60130

[dosto]

Die Promis ziehen ein

Predefined Scans - New 52-week Lows (TSE)
Search For Symbol: x
3 Apr 2013, 4:10 PM
Count: 43
Symbol Name Exch Sector Industry Open High Low Close Volume
ABX.TO Barrick Gold Corp. TSE Materials 28.530 28.850 26.950 27.090 5030828
AGI.TO Alamos Gold Inc. TSE Materials 13.350 13.375 12.110 12.450 1034958
ANV.TO Allied Nevada Gold Corp. TSE Materials 14.620 14.830 13.470 13.660 334421
ATN.TO Atna Resources Ltd. TSE Materials 0.750 0.760 0.700 0.730 197336
AXR.TO Alexco Resources Corp. TSE Materials 2.810 2.920 2.610 2.730 212214
AXY.TO Alterra Power Corp. TSE Energy 0.295 0.305 0.295 0.295 299980
BAA.TO Banro Corporation TSE Materials 1.620 1.645 1.520 1.550 865135
CG.TO Centerra Gold Inc. TSE Materials 5.770 5.950 5.460 5.500 595228
CXX.TO Crosshair Exploration & Mining Corp. TSE Materials 0.085 0.090 0.085 0.085 15207
DGC.TO Detour Gold Corp. TSE Materials 17.700 17.970 16.080 16.250 954495
EDV.TO Endeavour Mining Corp. TSE Materials 1.330 1.370 1.240 1.270 1550810
ELD.TO Eldorado Gold Corp. TSE Materials 8.610 8.630 8.020 8.210 10960994
ETG.TO Entree Gold Inc. TSE Materials 0.360 0.360 0.320 0.330 94426
FOS.TO Phoscan Chemical Corp. TSE Materials 0.250 0.250 0.245 0.245 114584
GGA.TO Goldgroup Mining Inc. TSE Materials 0.235 0.235 0.205 0.215 56500
HGU.TO Horizons BetaPro S&P/TSX Global Gold Bull Plus ETF TSE 4.700 4.780 4.260 4.310 3491541
HSD.TO Horizons BetaPro S&P 500 Bear Plus ETF TSE 5.030 5.160 5.030 5.130 215663
HVU.TO Horizons BetaPro S&P 500 VIX Short-Term Futures Bull Plus ETF TSE 7.910 8.640 7.810 8.480 2076616
KDX.TO Klondex Mines Ltd. TSE Materials 1.080 1.100 1.030 1.040 86280
KGI.TO Kirkland Lake Gold Inc. TSE Materials 4.970 5.050 4.620 4.660 439992
LPK.TO Lupaka Gold Corp. TSE Materials 0.290 0.340 0.260 0.340 22550
LSA.TO Lachlan Star Ltd. TSE Materials 0.435 0.480 0.435 0.480 16600
MAX.TO Midas Gold Corp. TSE Materials 1.150 1.150 1.050 1.050 229691
ML.TO Mercator Minerals Ltd. TSE Materials 0.330 0.350 0.325 0.340 512286
MMP/UN.TO Precious Metals And Mining Trust TSE 4.370 4.450 4.120 4.250 92353
MNT.TO Royal Canadian Mint TSE Financial 17.160 17.200 16.880 16.990 37393
NG.TO Novagold Resources, Inc. TSE Materials 3.560 3.560 3.290 3.320 369349
NML.TO New Millennium Iron Corp. TSE Materials 0.960 0.970 0.950 0.950 192892
NRI.TO Nuvo Research, Inc. TSE Health Care 0.045 0.050 0.045 0.045 677568
ORT.TO Orbite Aluminae Inc. TSE Materials 1.170 1.240 1.070 1.090 5047351
PNP.TO Pinetree Capital Corp. TSE Financial 0.520 0.530 0.490 0.495 454250
QRM.TO Quest Rare Minerals Ltd. TSE Materials 0.550 0.590 0.510 0.520 109403
RDK.TO Redhawk Resources, Inc. TSE Materials 0.310 0.315 0.290 0.305 268000
SCS.TO Second Wave Petroleum Inc. TSE Energy 0.145 0.160 0.115 0.140 861400
SIM.TO Sirocco Mining Inc. TSE Materials 0.530 0.530 0.530 0.530 7000
SUE.TO Sulliden Exploration, Inc. TSE Materials 0.750 0.750 0.680 0.730 472412
USA.TO US Silver & Gold Inc. TSE Materials 1.210 1.210 1.090 1.180 325955
USC.TO United Silver Corp. TSE Materials 0.065 0.065 0.060 0.060 37000
VXX.TO iPath S&P 500 VIX Mid-Term Futures ETN TSE 19.890 20.890 19.810 20.690 105439
WJX.TO Wajax Corp. TSE Industrial 37.200 37.320 36.940 36.940 113617
WS.TO Wildcat Silver Corp. TSE Materials 0.630 0.630 0.590 0.590 45231
XGD.TO iShares CDN S&P/TSX Global Gold Index Fund TSE 15.030 15.130 14.320 14.360 906514
YMI.TO Yellowhead Mining Inc. TSE Materials 0.460 0.460 0.425 0.425 9900

[dosto]

Predefined Scans - New 52-week Highs (TSE)

Non-Zero

Abstinenz

kein Miner

[dosto]

Silvertrust ETV
F

6.3.2013 Bestand -354.100.000-
3,4.2013 :::::::: -355.300.000-
5.4.2013 :::::::: -349.300.000-

[dosto]

dAS FÄNGT JA SCHON MAL GUT AN
DIE cHIKAGO-bOYS MIT

May 2013
23.775 -2.556 26.331 25.940 26.045 22.920


94,081
KONTRAKTEN

[dosto]

ALL YOU NEED IS LOVE
EINE DER BESTEN PARTIES

Predefined Scans - New 52-week Lows (TSE)
Search For Symbol: x
15 Apr 2013, 5:47 PM
Count: 143
Symbol Name Exch Sector Industry Open High Low Close Volume
AAA.TO Allana Resources Inc. TSE Materials 0.415 0.415 0.385 0.390 767764
AAB.TO Aberdeen International Inc TSE Financial 0.290 0.290 0.210 0.250 162412
ABX.TO Barrick Gold Corp. TSE Materials 21.530 21.750 20.160 20.300 11063646
ADV.TO Alderon Iron Ore Corp. TSE Materials 1.170 1.170 1.050 1.060 357637
AGI.TO Alamos Gold Inc. TSE Materials 10.980 11.550 10.510 10.630 1075580
AMB.TO Americas Bullion Royalty Corp. TSE Materials 0.235 0.235 0.200 0.210 512740
ANV.TO Allied Nevada Gold Corp. TSE Materials 12.530 12.800 11.920 12.070 342004
AR.TO Argonaut Gold Ltd. TSE Materials 6.030 6.500 5.570 6.050 1822518
ASR.TO Alacer Gold Corp. TSE Materials 3.180 3.200 2.960 3.010 848439
ATN.TO Atna Resources Ltd. TSE Materials 0.660 0.660 0.580 0.580 698571
AUQ.TO AuRico Gold Inc. TSE Materials 5.190 5.310 5.010 5.090 1597676
AVL.TO Avalon Rare Metals Inc. TSE Materials 0.980 1.050 0.950 1.010 179902
AXR.TO Alexco Resources Corp. TSE Materials 2.070 2.210 2.070 2.120 216965
AZ.TO Armistice Resources Corp. TSE Materials 0.060 0.060 0.050 0.050 1609748
BAA.TO Banro Corporation TSE Materials 1.190 1.200 1.030 1.170 1949495
BEZ.TO Besra Gold Inc. TSE Materials 0.135 0.140 0.120 0.125 216000
BQE.TO Bioteq Environmental Technologies Inc. TSE Energy 0.135 0.135 0.125 0.125 13000
BRD.TO Brigus Gold Corp. TSE Materials 0.610 0.640 0.600 0.630 566874
BTO.TO B2Gold Corp. TSE Materials 2.330 2.430 2.160 2.340 5911336
BZA.TO American Bonanza Gold Corp. TSE Materials 0.070 0.070 0.060 0.070 702052
CAX.TO Candax Energy Inc TSE Energy 0.020 0.025 0.015 0.015 127100
CDM.TO Coeur d'Alene Mines Corp. TSE Materials 16.070 16.200 15.230 15.360 54226
CDU.TO Cardero Resource Corp. TSE Materials 0.185 0.200 0.185 0.190 44950
CEF/A.TO Central Fund of Canada Ltd. TSE 16.120 16.760 15.990 16.270 381261
CG.TO Centerra Gold Inc. TSE Materials 4.410 4.500 3.960 4.320 1636649
CGJ.TO Carlisle Goldfields Ltd. TSE Materials 0.075 0.075 0.050 0.060 2029700
CGL.TO iShares Gold Bullion Fund TSE 12.500 12.560 12.010 12.060 499622
CHM.TO Champion Minerals Inc. TSE Materials 0.250 0.250 0.215 0.215 386300
CNL.TO Continental Gold Ltd. TSE Materials 4.950 4.950 4.060 4.200 1623856
CPN.TO Carpathian Gold, Inc. TSE Materials 0.230 0.235 0.220 0.230 560375
CRJ.TO Claude Resources, Inc. TSE Materials 0.340 0.360 0.330 0.330 250053
CRK.TO Crocodile Gold Corp. TSE Materials 0.210 0.210 0.190 0.190 110777
CS.TO Capstone Mining Corp. TSE Materials 1.990 2.030 1.960 2.000 1297578
CSI.TO Colossus Minerals Inc. TSE Materials 2.210 2.210 1.860 1.970 1427657
CUM.TO Copper Mountain Mining Corp. TSE Materials 2.250 2.320 2.170 2.280 592227
CVE.TO Cenovus Energy Inc. TSE Energy 29.940 30.100 28.990 29.040 3505449
DGC.TO Detour Gold Corp. TSE Materials 13.600 13.750 10.880 11.050 3107813
EDR.TO Endeavour Silver Corp. TSE Materials 5.200 5.370 5.030 5.080 312008
EDV.TO Endeavour Mining Corp. TSE Materials 1.050 1.060 0.920 0.920 3017971
EFR.TO Energy Fuels, Inc. TSE Materials 0.145 0.145 0.130 0.130 1084709
EGL/UN.TO Eagle Energy Trust TSE 6.500 6.520 6.280 6.290 142793
ELD.TO Eldorado Gold Corp. TSE Materials 7.100 7.270 6.890 7.120 4913679
ELG.TO Elgin Mining Inc. TSE Materials 0.330 0.350 0.255 0.300 154507
ELR.TO Eastern Platinum Ltd. TSE Materials 0.130 0.130 0.110 0.120 3281120
ER.TO Eastmain Resources, Inc. TSE Materials 0.520 0.520 0.490 0.520 144050
ETG.TO Entree Gold Inc. TSE Materials 0.270 0.280 0.250 0.250 166623
EVG.TO Evolving Gold Corp. TSE Materials 0.100 0.100 0.080 0.080 333200
FM.TO First Quantum Minerals Ltd. TSE Materials 16.950 16.950 15.480 15.580 7663679
FNV/WB.TO Franco-Nevada Corp. TSE 0.005 0.015 0.005 0.010 251700
FNV.TO Franco-Nevada Corp. TSE Materials 38.430 38.800 35.850 36.180 1396821
FPX.TO First Point Minerals Corp. TSE Materials 0.240 0.240 0.180 0.220 560200
FVI.TO Fortuna Silver Mines Inc TSE Materials 3.030 3.400 3.010 3.130 573726
G.TO Goldcorp Inc. TSE Materials 27.910 29.270 27.740 28.380 33590624
GCM.TO Gran Colombia Gold Corp. TSE Materials 0.190 0.200 0.150 0.160 2315807
GIX.TO Geologix Explorations Inc. TSE Materials 0.120 0.120 0.100 0.115 417950
GPR.TO Great Panther Resources Ltd. TSE Materials 1.020 1.020 0.970 0.980 278403
GQM.TO Golden Queen Mining Co. Ltd. TSE Materials 1.520 1.530 1.200 1.230 149714
GUY.TO Guyana Goldfields, Inc. TSE Materials 1.950 1.950 1.610 1.630 757063
HBU.TO Horizons BetaPro COMEX Gold Bullion Bull Plus ETF TSE 14.060 14.250 12.900 13.000 454862
HEP.TO Horizons BetaPro Enhanced Income Gold Producers ETF TSE 3.900 3.900 3.730 3.730 148804
HEX.TO Horizons AlphaPro Enhanced Income Equity ETF TSE 6.950 6.950 6.850 6.850 92614
HGU.TO Horizons BetaPro S&P/TSX Global Gold Bull Plus ETF TSE 3.200 3.230 2.990 3.000 4794589
HRT.TO Harte Resources Corp. TSE Materials 0.110 0.110 0.100 0.100 12500
HVU.TO Horizons BetaPro S&P 500 VIX Short-Term Futures Bull Plus ETF TSE 6.970 8.980 6.790 8.470 3512257
HZU.TO Horizons Beta Pro Comex Silver Bull Plus ETF TSE 2.910 2.940 2.670 2.760 2921838
IBG.TO IBI Group Inc. TSE 5.100 5.100 4.850 4.890 120535
ICP.TO IC Potash Corp. TSE Materials 0.640 0.640 0.600 0.610 276255
IMG.TO IAMGold Corp. TSE Materials 5.150 5.565 5.110 5.330 5298761
IMO.TO Imperial Oil Ltd. TSE Energy 39.740 40.000 39.230 39.270 902300
ITH.TO International Tower Hill Mine Ltd. TSE Materials 1.080 1.120 1.020 1.070 111204
JAG.TO Jaguar Mining Inc. TSE Materials 0.480 0.490 0.430 0.440 311203
K.TO Kinross Gold Corp. TSE Materials 5.890 5.920 5.520 5.540 10105038
KBR.TO Kimber Resources Inc. TSE Materials 0.160 0.165 0.150 0.150 15500
KDX.TO Klondex Mines Ltd. TSE Materials 1.060 1.060 0.940 1.000 87475
KGI.TO Kirkland Lake Gold Inc. TSE Materials 3.330 3.490 3.170 3.220 912328
LEX.TO Lexam VG Gold Inc. TSE Materials 0.085 0.085 0.065 0.075 1004527
LSA.TO Lachlan Star Ltd. TSE Materials 0.415 0.415 0.345 0.350 248300
LSG.TO Lake Shore Gold Corp. TSE Materials 0.510 0.520 0.460 0.470 2084098
LVN.TO Levon Resources Ltd. TSE Materials 0.325 0.325 0.280 0.280 593900
MAX.TO Midas Gold Corp. TSE Materials 0.960 0.990 0.850 0.890 284658
MDI.TO Major Drilling Group Intl, Inc. TSE Materials 8.480 8.490 7.550 7.780 1121728
MEG.TO MEG Energy Corp. TSE Energy 30.570 30.790 28.260 28.290 669224
ML.TO Mercator Minerals Ltd. TSE Materials 0.320 0.320 0.290 0.305 669230
MLG.TO Malaga, Inc. TSE Materials 0.015 0.015 0.010 0.015 433500
MMP/UN.TO Precious Metals And Mining Trust TSE 3.850 3.850 3.560 3.570 180795
MNR.TO Mediterranean Resources Ltd. TSE Materials 0.040 0.040 0.035 0.035 322585
MNT.TO Royal Canadian Mint TSE Financial 15.790 15.790 14.810 15.000 331391
MSV.TO Minco Silver Corp. TSE Materials 1.250 1.270 1.100 1.130 214550
NG.TO Novagold Resources, Inc. TSE Materials 2.500 2.710 2.420 2.630 1123807
NGD.TO New Gold Inc. TSE Materials 7.100 7.310 6.380 6.750 4353202
NML.TO New Millennium Iron Corp. TSE Materials 0.960 0.960 0.840 0.850 525129
OLE.TO Oromin Explorations Ltd. TSE Materials 0.385 0.395 0.315 0.330 294300
ORE.TO Orezone Gold Corp. TSE Materials 1.070 1.130 0.950 0.950 83193
OSK.TO Osisko Exploration Ltee TSE Materials 4.500 4.550 3.990 4.040 10517188
PAA.TO Pan American Silver Corp. TSE Materials 14.290 14.350 13.260 13.340 722526
PCY.TO Prophecy Coal Corp. TSE Materials 0.100 0.100 0.095 0.100 295340
PG.TO Premier Gold Mines Ltd. TSE Materials 1.960 2.040 1.800 1.850 2132121
PHS/U.TO Sprott Physical Silver Trust TSE 9.200 9.280 8.770 8.900 250047
PKL.TO PC Gold Inc. TSE Materials 0.050 0.055 0.045 0.055 158270
PME.TO Sentry Select Primary Metals Corp. TSE Financial 5.000 5.000 4.540 4.750 85145
PMV.TO PMI Gold Corporation TSE Materials 0.460 0.460 0.415 0.420 399694
PNP.TO Pinetree Capital Corp. TSE Financial 0.440 0.440 0.400 0.400 549817
PRU.TO Perseus Mining Ltd. TSE Materials 1.470 1.470 1.260 1.330 2522227
PVG.TO Pretium Resources Inc. TSE Materials 6.480 6.590 5.940 6.080 482018
PWT.TO Penn West Petroleum Ltd. TSE Energy 10.030 10.050 9.420 9.430 1815162
PXX.TO BlackPearl Resources Inc. TSE Energy 2.150 2.150 2.010 2.090 780726
QMX.TO QMX Gold Corp. TSE Materials 0.120 0.120 0.100 0.100 92971
QRM.TO Quest Rare Minerals Ltd. TSE Materials 0.450 0.460 0.420 0.420 68333
RET/A.TO Reitmans Canada Ltd. TSE Consumer Discretionary 8.880 8.960 8.780 8.920 118421
RIC.TO Richmont Mines, Inc. TSE Materials 2.020 2.170 2.000 2.060 148795
RMX.TO Rubicon Minerals Corp. TSE Materials 1.700 1.820 1.690 1.730 890000
RN.TO Rio Novo Gold Inc. TSE Materials 0.150 0.170 0.120 0.170 163800
RPG.TO Ram Power, Corp. TSE Energy 0.175 0.180 0.160 0.175 88104
RR.TO Rainy River Resources Ltd TSE Materials 2.320 2.410 2.190 2.220 440838
RXM.TO Rockex Mining Corp. TSE Materials 0.070 0.070 0.055 0.055 131000
SBB.TO Sabina Silver Corp. TSE Materials 1.370 1.400 1.210 1.270 425621
SGR.TO San Gold Resources Corp. TSE Materials 0.205 0.210 0.185 0.200 2071435
SII.TO Sprott Inc. TSE Financial 2.950 2.950 2.680 2.740 307825
SMF.TO Semafo, Inc. TSE Materials 1.810 1.870 1.740 1.760 5957713
SSL/WT.TO Sandstorm Resources Ltd. TSE 0.820 0.910 0.810 0.850 257160
SSO.TO Silver Standard Resources, Inc. TSE Materials 8.040 8.080 7.580 7.610 367446
STM.TO Strathmore Minerals Corp. TSE Materials 0.185 0.190 0.165 0.175 227156
STP.TO Southern Pacific Resources Corp. TSE Energy 0.610 0.630 0.560 0.630 947097
SUE.TO Sulliden Exploration, Inc. TSE Materials 0.720 0.720 0.670 0.690 494171
SVM.TO Silvercorp Metals Inc. TSE Materials 2.810 2.990 2.810 2.870 448184
SWD.TO Sunward Resources Ltd. TSE 0.450 0.455 0.350 0.385 123050
TCK/B.TO Teck Resources Ltd. TSE Materials 26.600 26.940 25.060 26.150 6890047
TGZ.TO Teranga Gold Corp. TSE Materials 0.890 0.920 0.800 0.840 181983
TKO.TO Taseko Mines Ltd. TSE Materials 2.430 2.440 2.240 2.280 347160
TNX.TO Tanzanian Royalty Exploration Corp. TSE Materials 2.990 3.050 2.660 2.800 185381
TRQ.TO Turquoise Hill Resources Ltd. TSE Materials 5.900 5.990 5.560 5.620 1387927
TV.TO Trevali Resources Corp. TSE Materials 0.840 0.840 0.710 0.780 642506
TXG.TO Torex Gold Resources Inc. TSE Materials 1.380 1.380 1.190 1.260 8267017
URZ.TO Uranerz Energy Corp. TSE Materials 1.060 1.080 0.970 0.970 186273
USA.TO US Silver & Gold Inc. TSE Materials 1.030 1.070 0.990 1.000 364457
UWE.TO U308 Corp. TSE Materials 0.185 0.185 0.165 0.165 227252
VTR.TO Volta Resources Inc. TSE Materials 0.300 0.300 0.260 0.280 177569
WIN.TO Wi-LAN, Inc. TSE Technology 4.000 4.010 3.760 3.760 390187
WJX.TO Wajax Corp. TSE Industrial 37.380 37.470 35.520 35.640 84336
WS.TO Wildcat Silver Corp. TSE Materials 0.550 0.550 0.465 0.465 279865
WTG.TO White Tiger Gold Ltd. TSE Materials 0.045 0.045 0.035 0.045 1079266
XGD.TO iShares CDN S&P/TSX Global Gold Index Fund TSE 12.430 12.530 12.110 12.120 1419407
YRI.TO Yamana Gold Inc. TSE Materials 12.050 12.490 11.870 12.150 8305755

[dosto]

DIE PLEBS AUS DER ZWEITEN REIHE


Predefined Scans - New 52-week Lows (TSXV)
Search For Symbol: x
15 Apr 2013, 5:47 PM
Count: 125
Symbol Name Exch Sector Industry Open High Low Close Volume
ABI.V Abcourt Mines, Inc. TSXV Materials 0.070 0.070 0.065 0.070 85642
ABS.V Abzu Gold Ltd. TSXV Materials 0.050 0.050 0.035 0.040 527000
ADI.V Adriana Resources, Inc. TSXV Materials 0.255 0.255 0.245 0.245 70500
AEE.V Anatolia Energy Corp. TSXV Energy 0.025 0.025 0.025 0.025 507000
AGE.V Adventure Gold Inc. TSXV Materials 0.185 0.185 0.150 0.165 263900
AGG.V African Gold Group Inc. TSXV Materials 0.125 0.125 0.100 0.100 371500
AGQ.V Arian Silver Corp. TSXV Materials 0.145 0.145 0.125 0.125 127130
AHR.V Amarc Resources Ltd. TSXV Materials 0.060 0.060 0.055 0.060 2064900
AOS.V Alberta Oilsands, Inc. TSXV Energy 0.045 0.045 0.040 0.045 599500
AOX.V Andover Ventures, Inc. TSXV Materials 0.125 0.125 0.105 0.110 336200
APE.V Apogee Minerals Ltd. TSXV Materials 0.045 0.045 0.035 0.040 872680
AQ.V African Queen Mines Ltd. TSXV Materials 0.065 0.065 0.050 0.055 43785
ARW.V Aroway Energy Inc. TSXV Energy 0.405 0.405 0.360 0.365 498336
AUN.V Aurcana Corp. TSXV Materials 0.475 0.490 0.420 0.435 4176193
AVZ.V Avala Resources Ltd. TSXV Materials 0.080 0.080 0.055 0.070 233000
BAT.V Batero Gold Corp. TSXV Materials 0.250 0.250 0.200 0.215 90008
BCM.V Bear Creek Mining Corp. TSXV Materials 2.250 2.390 2.000 2.080 279219
BFD.V Beaufield Consolidated Resources Inc. TSXV Materials 0.065 0.065 0.055 0.055 66950
BG.V Barisan Gold Corp. TSXV Materials 0.065 0.065 0.060 0.060 55375
BHV.V Bellhaven Ventures Inc. TSXV Materials 0.085 0.085 0.065 0.070 55500
BLT.V Brilliant Mining Corp. TSXV Materials 0.045 0.045 0.040 0.040 330828
BOR.V Border Petroleum Corp. TSXV Energy 0.025 0.025 0.020 0.025 980500
BYV.V Bayfield Ventures Corp. TSXV Materials 0.210 0.210 0.175 0.175 461018
CBJ.V CB Gold Inc. TSXV Materials 0.460 0.460 0.350 0.400 275881
CCE.V Commerce Resources Corp. TSXV Materials 0.085 0.085 0.075 0.075 62500
CEV.V Cap-Ex Ventures Ltd. TSXV Materials 0.115 0.115 0.090 0.100 316000
CFM.V Confederation Minerals Ltd. TSXV Materials 0.135 0.135 0.100 0.120 152868
CGT.V Columbus Gold Corp. TSXV Materials 0.260 0.260 0.220 0.250 55350
CHU.V Channel Resources Ltd. TSXV Materials 0.035 0.035 0.025 0.030 367425
CLB.V Colombia Crest Gold Corp TSXV Materials 0.025 0.025 0.020 0.020 429200
CMB.V CMC Metals Ltd. TSXV Materials 0.045 0.045 0.040 0.045 365300
CQR.V Conquest Resources Ltd. TSXV Materials 0.020 0.020 0.010 0.015 474500
CRO.V Canadian Arrow Mines Ltd. TSXV Materials 0.010 0.010 0.005 0.005 574000
CSL.V Comstock Metals Ltd. TSXV Materials 0.110 0.110 0.095 0.100 349533
CT.V Castillian Resources Corp. TSXV Materials 0.035 0.045 0.035 0.045 73800
CTG.V Cons Global Minerals Ltd. TSXV Materials 0.155 0.180 0.135 0.150 171255
CXB.V Calibre Mining Corp. TSXV Materials 0.060 0.060 0.055 0.055 264000
CYD.V Cayden Resources Inc. TSXV Materials 0.870 0.870 0.770 0.800 55675
DON.V Donner Metals Ltd. TSXV Materials 0.130 0.130 0.120 0.125 315800
DV.V Dolly Varden Silver Corp. TSXV Materials 0.130 0.130 0.110 0.125 154605
EAG.V Eagle Hill Exploration Corp. TSXV Materials 0.070 0.070 0.065 0.065 220840
EGD.V Energold Drilling Corp. TSXV 2.050 2.060 1.910 2.000 277546
EMR.V Emgold Mining Corp. TSXV Materials 0.040 0.040 0.030 0.035 320011
EMX.V Eurasian Minerals Inc. TSXV Materials 1.850 1.850 1.630 1.640 48234
EPL.V Eagle Plains Resources Ltd. TSXV Materials 0.090 0.095 0.070 0.095 327150
EPZ.V Esperanza Silver Corp. TSXV Materials 0.920 0.930 0.820 0.870 78772
EXS.V Explor Resources Inc. TSXV Materials 0.070 0.070 0.060 0.070 132947
FAU.V Fire River Gold Corp. TSXV Materials 0.020 0.020 0.015 0.015 574250
FDR.V Flinders Resources Ltd. TSXV Materials 0.520 0.540 0.425 0.460 174272
FEO.V Oceanic Iron Ore Corp. TSXV Materials 0.115 0.120 0.110 0.120 15750
FMM.V Full Metal Minerals Ltd. TSXV Materials 0.040 0.040 0.030 0.040 59251
FNR.V 49 North Resources Fund Inc. TSXV Financial 0.250 0.250 0.150 0.210 170400
GBB.V Gold Bullion Development Corp. TSXV Materials 0.045 0.050 0.040 0.040 350277
GCU.V Gold Canyon Resources, Inc. TSXV Materials 0.345 0.345 0.300 0.330 661225
GEL.V Glass Earth Ltd. TSXV Materials 0.065 0.080 0.065 0.075 327000
GG.V Galane Gold Ltd. TSXV Materials 0.640 0.640 0.550 0.550 28270
GNG.V Golden Goliath Resources Ltd. TSXV Materials 0.060 0.060 0.055 0.055 621246
GNH.V Golden Hope Mines Ltd. TSXV Materials 0.030 0.030 0.030 0.030 537050
GRG.V Golden Arrow Resources Corp. TSXV Materials 0.205 0.205 0.200 0.200 205800
GWG.V Great Western Minerals Group Ltd. TSXV Materials 0.160 0.160 0.150 0.160 361004
GZZ.V Golden Valley Mines Ltd. TSXV Materials 0.070 0.075 0.065 0.065 122500
HDA.V Huldra Silver Inc. TSXV Materials 0.610 0.610 0.530 0.530 125985
HDG.V High Desert Gold Corp. TSXV Materials 0.110 0.110 0.090 0.095 216366
HML.V New Hana Copper Mining Ltd. TSXV Materials 0.055 0.055 0.045 0.045 385000
HRE.V Stans Energy Corp. TSXV Materials 0.245 0.245 0.200 0.215 116740
HTR.V Heatherdale Resources Ltd. TSXV Materials 0.075 0.080 0.065 0.080 165000
HYX.V Hyperion Exploration Corp. TSXV Energy 0.450 0.450 0.400 0.400 110550
ICG.V Integra Gold Corp. TSXV Materials 0.170 0.170 0.140 0.155 205885
IPT.V IMPACT Silver Corp. TSXV Materials 0.770 0.770 0.660 0.750 239645
KAM.V Kaminak Gold Corp. TSXV Materials 0.920 0.940 0.850 0.870 407900
KLM.V Kermode Resources Ltd. TSXV Materials 0.030 0.040 0.025 0.040 293500
KSK.V Kiska Metals Corp. TSXV Materials 0.065 0.070 0.060 0.070 94760
LMG.V Lincoln Mining Corp. TSXV Materials 0.020 0.020 0.015 0.020 191000
MBG.V Malbex Resources Inc. TSXV Materials 0.030 0.030 0.030 0.030 75000
MGP.V Mega Precious Metals Inc. TSXV Materials 0.130 0.130 0.120 0.130 297025
MMV.V Mineral Mountain Resources Ltd. TSXV Materials 0.100 0.105 0.100 0.105 62200
MNM.V Magellan Minerals Ltd. TSXV Materials 0.145 0.145 0.110 0.120 551517
MQL.V Marquee Energy Ltd. TSXV Energy 0.500 0.500 0.485 0.495 40811
MRO.V Millrock Resources Inc. TSXV Materials 0.115 0.120 0.080 0.110 261340
MRZ.V Mirasol Resources Ltd TSXV Materials 1.400 1.400 1.250 1.250 36980
MTO.V Metanor Resources Inc. TSXV Materials 0.140 0.155 0.100 0.140 685075
MTU.V Manitou Gold Inc. TSXV Materials 0.080 0.080 0.075 0.075 69000
NES.V Newstrike Capital Inc. TSXV Materials 0.950 1.000 0.880 0.900 347662
NGM.V Northern Gold Mining Inc. TSXV Materials 0.130 0.130 0.110 0.130 460608
NKL.V Prophecy Platinum Corp TSXV Materials 0.690 0.700 0.640 0.660 60855
NOX.V Niogold Mining Corp. TSXV Materials 0.190 0.190 0.150 0.160 191099
ORN.V Orsa Ventures Corp. TSXV 0.050 0.050 0.045 0.045 77500
PGK.V PNG Gold Corp. TSXV Materials 0.090 0.090 0.080 0.080 88500
PGS.V Paget Minerals Corp. TSXV Materials 0.025 0.025 0.020 0.025 176000
PIT.V Pitchblack Resources Ltd. TSXV Materials 0.080 0.080 0.060 0.060 118036
PML.V Panoro Minerals Ltd. TSXV Materials 0.370 0.385 0.370 0.385 19274
PPG.V Prospertity Goldfields Corp. TSXV Materials 0.100 0.100 0.060 0.060 1481250
PRO.V Pershimco Resources Inc. TSXV Materials 0.350 0.350 0.290 0.330 273500
RCT.V Rochester Resources Ltd. TSXV Materials 0.030 0.030 0.025 0.025 66700
RDU.V Radius Explorations Ltd. TSXV Materials 0.135 0.135 0.100 0.135 47791
RG.V Romios Gold Resources Inc. TSXV Materials 0.040 0.045 0.035 0.040 1040349
RHR.V ATW Gold Corp. TSXV Materials 0.025 0.030 0.025 0.025 145000
RL.V Rockland Minerals Corp. TSXV Materials 0.010 0.015 0.010 0.010 1052353
RPL.V Renegade Petroleum Ltd. TSXV Energy 1.490 1.490 1.340 1.380 3363473
RRS.V Rogue Resources Inc TSXV Materials 0.035 0.035 0.025 0.030 132333
SA.V Southern Arc Minerals Inc. TSXV Materials 0.180 0.180 0.145 0.145 202010
SFD.V Energy Exploration Technologies Inc. TSXV 0.590 0.600 0.580 0.600 45650
SFF.V Seafield Resources Ltd. TSXV Materials 0.065 0.065 0.055 0.055 746600
SGC.V Sunridge Gold Corp. TSXV Materials 0.170 0.175 0.135 0.135 480614
SGD.V Simba Gold Corp. TSXV Materials 0.005 0.005 0.005 0.005 3000
SGN.V Scorpio Gold Corp. TSXV Materials 0.375 0.375 0.315 0.315 496549
SIR.V Serengeti Resources Inc. TSXV Materials 0.060 0.060 0.055 0.055 147000
SKO.V Stream Oil & Gas Ltd. TSXV Energy 0.590 0.590 0.530 0.540 59000
SMB.V Simba Energy Inc. TSXV Energy 0.065 0.065 0.055 0.060 1011200
SMD.V Strategic Metals Ltd. TSXV Materials 0.530 0.540 0.500 0.510 233651
SOL.V Soltoro Ltd. TSXV Materials 0.290 0.290 0.250 0.290 84127
SPA.V Spanish Mountain Gold Ltd. TSXV Materials 0.110 0.115 0.100 0.100 308435
SSP.V Sandspring Resources Ltd. TSXV Materials 0.220 0.230 0.210 0.210 150584
STA.V Sanatana Diamonds, Inc. TSXV Materials 0.110 0.110 0.110 0.110 14000
TEM.V Tembo Gold Corp. TSXV Materials 0.210 0.210 0.170 0.170 91126
TEN.V Terraco Gold Corp. TSXV Materials 0.095 0.140 0.090 0.090 384101
TMD.V Titan Medical Inc. TSXV Health Care 0.620 0.630 0.475 0.610 546757
TPN.V Taipan Resources Inc. TSXV 0.220 0.240 0.200 0.200 302500
TSM.V Tasman Metals Ltd. TSXV Materials 0.670 0.680 0.510 0.510 127645
TTQ.V TTM Resources, Inc. TSXV Materials 0.020 0.020 0.010 0.015 1476500
UGD.V Unigold Inc. TSXV Materials 0.200 0.200 0.160 0.165 469747
VDR.V Vendome Resources Corp. TSXV Materials 0.170 0.195 0.150 0.190 218000
WOO.V Cogitore Resources, Inc. TSXV Materials 0.030 0.030 0.020 0.025 855076
WPP.V Western Plains Petroleum Ltd. TSXV Energy 0.010 0.010 0.010 0.010 3277000
XME.V XMET Inc. TSXV Materials 0.015 0.015 0.015 0.015 7000

[dosto]

Umsatz April

GDX
ÜBER 260 Mill Stück
#

Shares Outstanding: 195,903,000


kommt er in die Petroulje

[dosto]

Silbermünzen
American Eagle Silber 1/1 EURO 16,80 22,04 11:09 Zum Anbieter
Arche Noah 1/4 EURO 4,70 6,74 11:09 Zum Anbieter
Arche Noah 1/2 EURO 9,00 12,31 11:09 Zum Anbieter
Arche Noah 1/1 EURO 16,80 21,29 11:09 Zum Anbieter
Arche Noah 5 Unzen EURO 88,90 115,45 11:09 Zum Anbieter
Arche Noah 10 Unzen EURO 179,90 219,46 11:03 Zum Anbieter
Arche Noah 1kg EURO 560,90 678,70 11:09 Zum Anbieter
Arche Noah 5kg EURO 2.870,50 3.399,28 11:09 Zum Anbieter
Koala 1/1 EURO 17,80 23,01 11:09 Zum Anbieter
Koala Silber 1Kg EURO 560,90 678,81 11:09 Zum Anbieter
Kookaburra 1/1 EURO 18,80 23,01 11:09 Zum Anbieter
Kookaburra 10 Unzen EURO 153,70 216,89 11:09 Zum Anbieter
Kookaburra 1kg EURO 560,90 678,81 11:09 Zum Anbieter
Lunar Silber 1kg EURO 560,90 678,81 11:09 Zum Anbieter
Maple Leaf Silber 1/1 EURO 16,80 21,29 11:09 Zum Anbieter
Maria Th. Taler HGL EURO 15,00 23,80 11:09 Zum Anbieter
Philharmoniker Silber 1/1 EURO 16,80 21,19 11:09


Vergleich zum 31.12.2012



Silbermünzen
American Eagle Silber 1/1 EURO 22,00 27,61 18:46:01 Zum Anbieter
Arche Noah 1/4 EURO 6,00 8,13 18:46:01 Zum Anbieter
Arche Noah 1/2 EURO 11,60 15,09 18:46:01 Zum Anbieter
Arche Noah 1/1 EURO 22,00 26,86 18:46:01 Zum Anbieter
Arche Noah 5 Unzen EURO 114,80 143,17 18:46:01 Zum Anbieter
Arche Noah 10 Unzen EURO 231,60 274,78 18:46:01 Zum Anbieter
Arche Noah 1kg EURO 727,80 857,28 18:46:01 Zum Anbieter
Arche Noah 5kg EURO 3.704,80 4.267,37 18:46:01 Zum Anbieter
Koala 1/1 EURO 23,00 28,36 18:46:01 Zum Anbieter
Koala Silber 1Kg EURO 727,80 857,39 18:46:01 Zum Anbieter
Kookaburra 1/1 EURO 24,00 28,36 18:46:01 Zum Anbieter
Kookaburra 10 Unzen EURO 205,60 270,28 18:46:01 Zum Anbieter
Kookaburra 1kg EURO 727,80 857,39 18:46:01 Zum Anbieter
Lunar Silber 1kg EURO 727,80 857,39 18:46:01 Zum Anbieter
Maple Leaf Silber 1/1 EURO 22,00 27,07 18:46:01 Zum Anbieter
Maria Th. Taler HGL EURO 19,70 29,39 18:46:01 Zum Anbieter
Philharmoniker Silber 1/1 EURO 22,00 26,86 18:46:01

[dosto]

Verlust der 100 Philharmoniker

10.000 Euro

[dosto]

Goldtrust GLD

Bestand: 28.03.2012 ---6.821.025 Unzen
Bestand: 15.04.2012----6.591.161 Unzen

Differenz - 229.864

Das ist die Jahreproduktion einer guten Mittelklasse Mine.

[dosto]

Bank of Canada sees lower growth, rates on hold ( USDCAD ) by Polya Lesova

NEW YORK (MarketWatch) -- The Bank of Canada on Wednesday maintained its target for the overnight rate at 1%, as expected. In a statement, the central bank said that Canada's annual average growth is now projected to be 1.5% in 2013, lower than its previous forecast of 2% growth. The Bank of Canada said that "the considerable monetary policy stimulus currently in place will likely remain appropriate for a period of time, after which some modest withdrawal will likely be required, consistent with achieving the 2% inflation target." Following the announcement, the U.S. dollar extended gains against the Canadian currency to trade up 0.6% at 1.0273 Canadian dollars.

[dosto]

Copper April 17,13:39
Bid/Ask 3.1795 - 3.1799
Change -0.1259 -3.81%
Low/High 3.1680 - 3.3120

kUPFER SO BILLIG WIE LANGE NICHT MEHR

UND DAZU VOLLE lAGERHÄUSER
WP IST DAS DEFFIZIT HINGEKOMMEN

London Metal Exchange Warehouse Stocks
( April 16 )
Metal Tonnes in Storage Change from
previous day
Aluminum 5192325 -2425
Copper 611175 +17525
Nickel 168762 -624
Lead 259025 -350
Zinc 1131475 -4575

[dosto]

Da geht seit dieser Woche die These herum die FED manipuliert den Goldpreis.

Liebe Goldbugs,

mal ein Rat von mir, laßt diese These verschwinden, denn immer noch zählt

NEVER FIGHT THE FED


Sollte es die FED gewesen sein, dann gehe ich davon aus,
daß FED auch eine Vorstellung des Goldpreises hat.
Ob das gut oder schlecht ist, legt nun jeder selbst zurecht.

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.468.483 von dosto am 19.04.13 11:57:52

die katze is doch längt aus dem sack. es waren großbanken wie M.L. da sie nicht mehr physisch liefern konnten beim massenansturm der goldbugs mussten sie papiergold drücken.
alles logo... und spricht für einen goldrun der demnächst kommt.
ausserdem ist das chartbild typisch.

step up uppper expo seitwärts bei stärke (ansonsten krass down), nach seitwärts immer selloff und dann big return to the sky

vorbild meine langjährige lpkf. auch damals beim seitwärts hatte ich es so vorhergesagt... gold das gleiche... sieht dann so aus



kann dir drum nur raten kauf gold und goldaktien was das zeug hält, junge. dann bleibst du auf der siegespur wie bisher.

kleiner megatip von börsilein

[dosto]

Dear Sirs BlackRock

ihr SLV ETF

steht seit dem 15.04.2013 unverändert bei

347.750.000 Unzen.

Das nimmt Ihnen doch kein Mensch ab.

Als ab an die Arbeit.

[dosto]

Antwort auf Beitrag Nr.: 44.477.327 von Boersenkrieger am 20.04.13 18:37:44

Wer is en das ML

Mister Lonely oder was.

Das ist doch Goldbuggewichse das du da abläßt.

Alles Short vorerst.

Physisch nicht liefern,
liefern an wen?

Wer soll denn der BIG Spender sein der hier tonnenweise Gold oder Silber
ausgeliefert haben möchte.

Yourself-oder so.
Also ich bins nicht.

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.494.717 von dosto am 23.04.13 15:53:41

also die enorm großen verkäufe zur gleichen sekunde waren eben da.
wenn jemand irgendwas verkaufen will, schau er eher behutsam mit mehreren größeren orders dass er es verteilt macht.

von daher äußerst seltsam.. aber weitgehend auch nicht wirklich wichtig.

auch bekannt dass die physische nachfrage deutlich angestiegen ist.
daraus muss man nix schließen aber deine golddeflation ist vorerst ein ammenmärchen...

rein vom chart her müßte gold tatsächlich noch knapp unter 1300 fallen un dann durchziehen. hab ich hier auch schon ne weile von mir gegeben und wie den "henkel" nach seitwärts. also eingetreten nun wirds eben wieder spannender. traditionell aber erst im sommer.

klar die programme laufen eben. pc´s kaufen dow und verkaufen goldfutures.
wie labil das ist hat man grad mal wieder vor ein paar minuten gesehen als der dow 100 punkte in 2 sekunden einknickte und dann wieder oben war.

spannendener ist die algorithmenumstellung.... ich hab damals mal bei der bank klinere auszüge aus den schwachsinnsporgrammen gesehen... so lange keiner den input ändern läuft das. danach gehts schnell scharf in ne andere richtung. momentan ist nicht viel zu sagen. ...wir warten...

[dosto]

So es geht ja

die Schwarzen Steine (Rocker) haqben gearbeitet

Stand heute.

343.350.00o

Unzen Silber

der peak war dann wohl vorerst der

28.03. mit

356.000.000
Unzen Silber

Output

12.650.000

Unzen

[dosto]

Die obigen 12 Mille Unzen

entlasten (falls Papiergeld,only)

2.530 Comex-Kontrakte

[dosto]

offene Comexkontrakte-Lieferung Mai/Silber

23.4.-----38.960
22.4.-----44.114
19.4.-----43.822
18.4.-----47.841
17.4.-----53.763

[dosto]

London Silver Fix
Apr 24 2013
USD 22.910
EUR 17.596
GBP 14.998

30-monats-Tief

[dosto]

TABLE-"Bad bank" KA Finanz details public-sector exposure

Tue Apr 23, 2013 9:27am EDT

April 23 (Reuters) - State-owned Austrian "bad bank" KA
Finanz gave the following breakdown of its 10 biggest
risks from exposure to public-sector entities when it reported
preliminary 2012 results on Tuesday.
The data from the end of 2012 cover risk from sovereigns,
local and regional governments, and state-guaranteed positions
in the form of securities, credit default swaps/guarantees and
loans (figures in millions of euros):

Country exposure share in pct
Italy 856.9 5.9
Portugal 745.9 5.2
Spain 729.4 5.0
Austria 680.3 4.7
Ireland 655.5 4.5
Poland 515.7 3.6
Cyprus 366.1 2.5
Hungary 356.7 2.5
Finland 321.3 2.2
Belgium 306.5 2.1

Top 10 5,534.4 38.3
Total portfolio 14,462.5 100.0

[dosto]

Antwort auf Beitrag Nr.: 44.514.689 von dosto am 25.04.13 19:54:19

Die Bad Bank Gelder der Austrianer sind ja nicht schlimm,

sie dürften ja durch die BRD-Spargelder, die in Österreich liegen,
abgesichert sein.

[Charly56]

Antwort auf Beitrag Nr.: 44.514.725 von dosto am 25.04.13 19:59:10

Glaubst du?

Also bei dem Wirtschaftsabschwung den wir in der zweiten Hälfte 2013 bekommen werden, könnten sich da 2014 noch ein paar Banken anschließen.
Steigende Arbeitslosenzahlen und damit fallende Immopreise sind Gift für jede Bank.
Die große Frage bleibt nur, wie lange die Börsen noch in ihrer eignenen Welt leben können. Allgemein glaube ich zwar nicht, dass die Börsen schon zu teuer sind, aber billig sind sie auch nicht mehr. Auf jeden Fall erwarte ich insbesondere in den USA eine Korrektur von +20%. Meinungen?

[Charly56]

Antwort auf Beitrag Nr.: 44.517.615 von Charly56 am 26.04.13 09:59:31

Ich meinte natürlich eine stärkere Korrektur als 20%.

[Charly56]

Antwort auf Beitrag Nr.: 44.517.615 von Charly56 am 26.04.13 09:59:31

Ich glaube eindeutige Indikatoren für die Korrektur sollten die Rohstoffpreise sein.

[dosto]

Vermutungen oder was?

Wo sollen die Immopreise fallen (Country please)
und wie tief % soll das dann sein ?

Reine Verbalumschläge will ich eigentlich hier nicht.

Also Ahnungen, Fakten und bitte ohne Scheuklappen
und möchte ich gerne Ansichten.

Arbeitslose haben meines Erachtens mit dem Immomarkt nicht viel zu tun.
Wohnhäuser etc. kaufen andere.
Ich verkaufe gerade in Berlin ein 5 Millionen-Projekt, das dann
keinen Monat am Markt war. Für dieses
Angebot waren 7 potentionelle Anbieter da. Es gab niemals Preisverhandlungen über Nachlaße, trotz unglaublichem Faktor von 20.

[dosto]

Antwort auf Beitrag Nr.: 44.517.615 von Charly56 am 26.04.13 09:59:31

Für Standard-Aktien wären Volas von 15-20 %% geradezu ideal
um sie zu träden.

Käme vielen richtig in den Kram.


Klasse-Werte gehen nicht unter.

[Charly56]

Antwort auf Beitrag Nr.: 44.519.411 von dosto am 26.04.13 13:43:15

Na gut 5Mio objekte -> ist leider nicht meine Kragenweite.
Reiche Leute haben immer Geld, die werden auch nicht arbeitslos. viele mussten noch nie richtig arbeiten

Stand Juni 2012 – In Deutschland sind nur noch 15% des Geldes bei Immobilienkäufen wirklich als Eigenkapital vorhanden, 85% werden fremdfinanziert.

Stand 31.12.2012 - Eigenkapitalquote beim Immobilienkauf in München bei nur noch 13%. Ende 2011 waren wir hier noch bei 20% und zum 31.12.2010 bei 24%.

Die Zahlen zu Berlin sind auch nicht besser, denn hier hat sich der Eigenkapitalanteil zwischen 2010 und Ende 2012 von 21% auf nur noch 11% fast halbiert.

In Hamburg haben die Immobilien- bzw. Wohnungskäuferim Schnitt nur noch 10% Eigenkapital – 90% wird femdfinanziert.

In Frankfurt waren es 2010 noch 23% Eigenkapitalquote, die bis Ende 2011 schon auf 11% gefallen ist und nun sind wir bei 9%.

In Köln Ende 2010 lag die Eigenkapitalquote bei 21%, Ende 2011 dann 14% und nun hält sie bei 7,8%.

[Charly56]

Antwort auf Beitrag Nr.: 44.519.411 von dosto am 26.04.13 13:43:15

Hier ein toller Artikel über Immos in den Niederlanden.
http://www.rottmeyer.de/gefahrliche-hanglage/

Übrigens steht Bankhaus Rott nicht für eine Bank, sondern ist ein synonym für Bankrott. Angeblich steckt ein anonymer Börsenhändler dahinter. Die Artikeln sind echt super und lesenswert.

Die lage in Dänemark
http://www.wiwo.de/finanzen/immobilien/baufinanzierung-deuts…

Und die Lage in Paris und spanien ist eh jedem bekannt.

[dosto]

Und die Lage in Paris

nunjaq,kannst du schon mal weklammern.

Alles Gute was in Paris steht, kannst du schon lange nicht mehr haben.

Dort gehören die Häuser uraltem Adel und die Wohnungen seit Generationen der Bourgoise.

Bei den Dänen bin ich genauso sorglos, der Markt ist zu klein letztendlich.

Die Holländer haben den Calvinistischen Punkt bei, Milch,Brot und Käse,das können jahrelang aushalten.

Spanien ist gott sei Dank nicht mein Problem und wirds nie werden.
Niemals ein Haus in Spanien, warum, zuwas. Wer in den Urlaub will
kanns anders, Wer dort leben will, ist selbst schuld.

[dosto]

Antwort auf Beitrag Nr.: 44.520.453 von Charly56 am 26.04.13 16:01:27

Der Dt.Markt ist nicht riesig, und in Großstädten wie München-hbg-FM
bis hin zu Mittelstädten Nürnberg, Wiesbaden,Mainz etc. wechselt nicht viel den Besitzer. Diejenegen die kaufwen nehmen in weiteren Bestand
und finanzieren wesentlich besser, da sie auf cash flow achten.

Der Otto-Normalo Häuslebauer baut mit BHW und Wüstenrot und hat meist
40 % Kapital auf der Kante.
So mies ist Deutschland nicht aufgestellt.
Vielleicht sehr einseitig, wer schon hat, kauft noch dazu.
Die Leute haben aber auch ordentlichen Cash Flow und ich sehe,
daß man in der Hauptsache mit Profis mit Erfahrung verhandelt.
Natürlich gibts auch ein paar Möchtegerne, aber auf die muß ein
gutaufgestellter nicht zugreifren.

In 2 Jahren werden wir eh den Peak sehen.

[dosto]

Na gut 5Mio objekte -> ist leider nicht meine Kragenweite

was ist denn deine Kragenweite.

Mieterträge unter 80-100 TSd sind doch mehr oder weniger Hobbyarbeit.
Vermiete Eigentumswohnungen sind als Anlage überflüssig wenn es sich nur bis zu 3 Einheiten handelt.
Das ist doch Pippifaxgeschäft. Die Dinger müssen eh bei gutem Markt mal
veräußert werden. Ein Bestand von 10 Stück in guten Lagen i9st quasi
der Grundstock der erreicht werden muß um locker in den lebensabend zu wechseln.
Man muß auchmal mit den Mieten jonglieren können, wenns der Mieter wert ist. Alleinig Gewinnmaximierung kann zur Verelendigung führen.
Man muß auch die Frage stellen dürfen kann mein Vermieter für
den Unterhalt der Gebäude oder Wohnungen auch ordentlich aufkommen, oder ist
er bei der ersten Balkonsarnierung fällig. Das heißt der Mieter muß nun ran.
Wer so aufgestellt ist, soll einpacken, ganz einfach.

[dosto]

Amazon hält mich gerade in Stimmung.

Ich hab dem Baby so oft aufs Bäuchlein geklopft, vielleicht scheißt es nun mal endlich.

[dosto]

Die Comes-Show

Silber-Lieferung Mai

neigt sich dem Ende

MAY 13 24.340 24.795 23.590 - -.382 23.758 79,528 23,198offene Kontrakte.

wiedermal ein Hornberger schießen

[Boersenkrieger]

Zitat von dosto: Amazon hält mich gerade in Stimmung.

Ich hab dem Baby so oft aufs Bäuchlein geklopft, vielleicht scheißt es nun mal endlich.

..ach die hab ich auch seit wochen im auge... bewertung unglaublich, wie anno 2000. eigentlich müßte sie sich mal wieder bei 100-150 USD einspielen.
momentan kann man nur sagen: dagegen war Apple bei 600 USD sogar noch richtig billig.

[Boersenkrieger]

...und wann kommt Chinas Alibaba an die Börse ?
(und die frage ist auch wo)
...fänd ich eher als long interessant, naja bewertungsabhängig erstmal.

[Charly56]

Antwort auf Beitrag Nr.: 44.522.159 von dosto am 26.04.13 19:56:45

Meine Kragenweite ist: Ich würd mir gerne mal EIN Haus im Grünen kaufen und etwas zur Absicherung gerne auf die Seite legen. Nur ist das Ganze mit Negativrealzins nicht so leicht möglich.

[dosto]

Gold Average April 2013

1.485,05

April 2012

1.650,07


Average 2013

Jan-April --- 1.594.66

[dosto]

Silber-Average April 2013

25,20

April 2012

31,55

Average Jan-April--- 28,87

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.547.645 von dosto am 01.05.13 16:04:53

man darf gespannt sein was die kosten machen, vor allem auch 2014.
der kostensprung 2012 war heftig als nachwirkung der gold-show 2011.
eigentlich müßten die kosten so langsam wieder fallen bzw die produzenten mehr wert darauf legen als auf die produzierten unzen.
richtig besser wird´s wohl erst wenn einige minen dichtmachen... manche hättens jetzt schon nötig.

[dosto]

.. manche hättens jetzt schon nötig.

nicht sülzen hier.

Man nenne Roß und Reiter

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.548.161 von dosto am 01.05.13 17:38:18

tja die namen entfallen mir meist nach 5 minuten wieder, aber australien z.b. kann doch bald ganz dichtmachen was die goldproduktion angeht.
alles mit operativen cashkosten jenseits der 900 macht keinen sinn mehr.
betrifft ansonsten auch viele kleinere wie galane in botswana.

ansonsten wird auch oft getrickst wie blöd und minderwertiges material angehäuft wie blöd und nicht weiterverarbeitet... da ist mir vorhin Teranga noch übern weg gelaufen.
tricksereien hier und da, für mich nicht immer durchschaubar. man siehts halt manchmal erst in der gesamtbilanz und frägt sich wo die gewinne eigentlich stecken..

aber wie mal gesagt bei aktien, meine aufgabe ist es den minen treu zu bleiben, wenn wir hier schon die mieseste stimmung haben und die großen wie barrick auf kursniveaus gelaufen sind die man in den 90ern schon hatte.
sieht doch nach begrenztem abwärtspotenzial aus.

Troy gefällt mir grad ganz gut von den midtiers. kingsrose war mal ganz nett aber hats ganz schön verschissen inzwischen.

naja was soll man auch anderes machen als permanent minen zukaufen. ist halt mein job irgendwie

[dosto]

Antwort auf Beitrag Nr.: 44.550.307 von Boersenkrieger am 02.05.13 01:18:41

Bla,Bla,Bla,

ich mach hier nicht auf Mädchen-Pensionat.

Und die haben sich merklich verbessert.
Wo bleibst du, mit deinen so allgemein gehaltenen Ansichten,
mit so festen Ansichten.

Wer geht Pleite.
Schreib hier keinen Unsinn ohne Roß und Reiter zu nennen.
Entweder du weißt wer Pleite geht, oder demnächst auf GBrundeis sitzt,
oder du schließt dich nur der allgemein verbalen Meinungen einiger
Leute an. Das ist mir zu wenig.
Wer sich aus der Deckung wagt sollte auch die Eier besitzen
Klarheiten zu schreiben.

Also laß jetzt mal deine Allgemeinheiten sonst greif ich zur
Notwehr. Schwatz bei Hecla.

[dosto]

Antwort auf Beitrag Nr.: 44.550.307 von Boersenkrieger am 02.05.13 01:18:41

betrifft ansonsten auch viele kleinere wie galane in botswana.

War bei dir ein Hit vor 1 Jahr.

[dosto]

Antwort auf Beitrag Nr.: 44.550.307 von Boersenkrieger am 02.05.13 01:18:41

Galane scheidert aber mehr mangels Masse.
Wo nix mehr ist, braucht man nix mehr tun.

[dosto]

alles mit operativen cashkosten jenseits der 900 macht keinen sinn mehr.

----------------------------------------------------------------------------
Jeder Big Player hat solche Minen.

[dosto]

ansonsten wird auch oft getrickst wie blöd und minderwertiges material angehäuft wie blöd und nicht weiterverarbeitet.

---------------------------------------------------------------------------

dazu fällt mir auch einer deiner Favoriten ein.

BRUGUS

aber wenn die mal auf 1 Tonne was finden, dann kommt das große Hurra.
Der Große Dreckrest wird wohl ingnoriert oder verdrängt.

[dosto]

1
www.goldcorp.com
(All Amounts in $US unless stated otherwise)
GOLDCORP
REPORTS
2013 FIRST QUARTER RESULTS

Vancouver, British Columbia,
May 2,
2013
–
GOLDCORP INC
.
(TSX: G, NYSE: GG)
today
reported quarterly revenues of$1.0 billion, generating adjusted net earning of $253 million,or $
0.31
per share,
compared to $404million, or $
0.50
per share, in the
first
quarter of 2012
.
Reported net earnings were $
309
million compared to $
479
million in the
first
quarter of 2012

perating cash
flowwas $400
million.


wups, das sieht ja nach Earning Crash bei den Goldminern aus.

[dosto]

Dividends paid amounted to $ 122 million.

to much bei 253 Millionen Profit.
Und damit bleibt zuwenig in der Company.

Befürchtung>: Kürzung der Dividende sollte keine Besserung eintreten.

GOLDCORP

[Boersenkrieger]

Gut Galane war ein hit... aber zum jetzigen goldpreis naja...
immerhin ne recht geringe marktkap für zeitweise ordentliche gewinne. es fehlt eben die masse und es muss ständig nachexploriert werden.
das wird doch langsam eng.

Brigus verdient doch einigermassen geld ! allerdings gibt´s auch 10% mehr aktien als vor einem jahr. von daher ein nullsummenspiel und die laufzeit ist eben auch nicht üppig, bzgl open pit sowieso nicht.
aber was sollen die pleite gehen ? shareholder value sieht natürlich anders aus leider.

ich denk nicht so sehr an pleiten, eher an eben diese 900 USD cashkosten der großen. australien kann man z.b. fast schon komplett dichtmachen. klar minenschließungen sind ja teuer, aber aufmachen würde man da so manche nicht mehr.

ich halte hochgradigere kleinere (1-5 mio unzen) eher für gefragt.
hauptsache geringe kosten, oder ? 15 jahre 100.000 unzen tun´s doch auch.

an milliardenprojekte traut sich doch eh keiner mehr, siehe novagold. noch fast 300 mios cash und kein ende der talfahrt in sicht.

bei gold 1100-1200 siehts dann wieder anders aus, da können auch brigus oder St. Andrews und viele in diesem bereich dichtmachen.

Hecla verdient ja zum jetzigen silberpreis auch nichts mehr. und was macht eigentlich First Majestic ? Aurcana usw alles für den eimer. gut man kann auch mit verlusten eine weile überleben.

die tricks sind mir auch nicht alle geläufig. beliebt sind ja produktionskosten in explorationskosten zu verstecken, oder schlechtes material aufzusammeln und nur hochgradiges zu verarbeiten.

[dosto]

JOHANNESBURG (miningweekly.com) – In what had been a miserable year for miners and bankers, the UK mining-investment sector had lost quarter-plus of its value, and was £100-billion down on last year, Liberum Capital mining head Michael Rawlinson said at the weekend.

Equity issuance had been terrible, initial public offering markets had shut and a mere $1-billion had been raised in equity in London, compared with an average of $8-billion a year in the previous four years.

The bad deals of yesteryear had come home to roost, with UK public limited companies writing off $30-billion.

While there were many worst-deal UK candidates, the metric of the Toronto-listed Kinross Gold, which paid more for Red Back than its current $6.3-billion market capitalisation, was the most damning.

With statistics like those, Rawlinson found it no surprise that investors had exited mining investment and gone into real productive assets in the utilities, consumer and pharmaceuticals sectors.

The mining sector had brought itself down by buying when it should have sold and building when it should have sat on its hands.

After the UK mining index’s 73% value loss from May to October 2008, the sector went up 360% in 25 months and no large corporate CEOs lost their jobs.

However, in the latest 45%, 28-months decline, the only CEOs to survive were those who did not buy and build at the top.

Moreover, the new crop of CEOs had been incentivised to cut costs and hold off from building and buying, which would eventually cause commodity markets to rise once again.

Investors now needed to work out how much more downside remained for the large diversified miners and then to buy, hold and wait for the upturn.

In the case of smaller stocks, decision-making was trickier.

“I don't know if we’re at the bottom, but it feels like we’re getting close. From a returns perspective the risks look asymmetric to the upside,” Rawlinson said.[/b]

[dosto]

While there were many worst-deal UK candidates, the metric of the Toronto-listed Kinross Gold, which paid more for Red Back than its current $6.3-billion market capitalisation, was the most damning.

With statistics like those, Rawlinson found it no surprise that investors had exited mining investment and gone into real productive assets in the utilities, consumer and pharmaceuticals sectors.

The mining sector had brought itself down by buying when it should have sold and building when it should have sat on its hands.

[dosto]

Eldorado Posts 1Q Loss; Gold Production Rises

[dosto]

May 2, 2013, 8:00 a.m. EDT
Goldcorp Reports 2013 First Quarter Results; Annual Guidance Reconfirmed

VANCOUVER, May 2, 2013 /PRNewswire via COMTEX/ -- GOLDCORP INC. CA:G +3.04% GG +2.02% today reported quarterly revenues of $1.0 billion, generating adjusted net earnings1,2 of

$253 million, or $0.31 per share,

compared to $404 million, or $0.50 per share,



in the first quarter of 2012. Reported net earnings were $309 million compared to $479 million in the first quarter of 2012. Adjusted operating cash flow1,3 was $400 million.

[dosto]

Harmony Gold Reports Loss and Cuts Spending to Scale Back Costs

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.563.521 von dosto am 03.05.13 16:57:45

Harmony ist sowieso ein spezialfall geworden...

ist doch gut, somit wird weniger produziert und zu wenig exploriert. es wurden sowieso nicht massig gute projekte gefunden, meist nur lowgradiger quatsch.

die frage ist halt wann die zahlen wieder drehen... einer meiner besten käufe war mal Alcoa, 2008 oder 2009 ein paar tage vor dem schlechtesten quartal aller zeiten. leider zu früh verkauft damals.

man kann es sich doch ausrechnen: geht es weiter mit gold 1.350 von mir aus und 2013 steigen die kosten wie 2012, kriegen wir langsam angebotsprobleme und gold steigt und die kosten der minen fallen und so gehts dann eben wieder andersrum.

klar mit dem hui-boden hab ich mich schon im mai 2012 vertan. beim nächsten schub nach unten kauf ich eben wieder. sobald der trend aufwärts geht kauf ich kein stück mehr.
mit abwärtstrends komm ich besser klar, es sei denn es geht nie mehr nach oben

Q2 wird dann sowieso noch heftiger wegen dem goldabsturz... alte regel bei abwärtstrends kaufe in die schlechtesten q-zahlen rein direkt am wendepunkt. nur ist´s schon etwas unklar wo der ist.

ansonsten richt ich mich auf short gegen dow und co aus... aber in dem fall nicht gegen den trend. bewertungsmaessig sind wir extrem mittlerweile, das weisst du auch und das bei einer gurkenwirtschaft.

inlfation kommt sowieso erst wieder bei erholung ins spiel. man wird dann sehen was stärker ist inflation oder das wachstum. aber es dürfte noch dauern. so lange in europa nichts passiert glaub ich eher an ein ewiges gegurke.

[Keilfleckbarbe]

Antwort auf Beitrag Nr.: 44.563.521 von dosto am 03.05.13 16:57:45

Mensch dosto, du bist doch nicht dumm, du weisst doch auch, wie der Hase läuft, also was soll der Krams eigentlich ! Schau dir doch die Kurse der Miner an ! Und schau dir auch die Kurse von den super fundamenlen Stocks wie Facebook und co im Dow an. Wenn die Nacht am tiefsten ist, beginnt der neue Tag. So sehe ich das bei den Minern auch. Wo sollen die noch hin ? 200 ? 150 ? Null ? ist eh wurscht, wenn man sich anschaut, wo die 2011 standen. Ist doch das alte Spiel, Kostenexplosion+ fallenden EM Preise erzeugt Druck und Minenschliessungen. Die Folge ist aufgrund geringeren outputs steigende EM Preise, das generiert dann wiederum steigende Gewinne bei den Minern. Ob nun Miner oder Automobilbranche- Schweinezyklus. Ich sehe einfach keinen Sinn derzeit zu Minen zu verkaufen. Nächstes Quartal wird bei den Minern das Schlechteset sein, aber vorher werden sie schon anfangen zu steigen

[dosto]

Warrants
310,300 @ 1.60, expiry May 19, 2013

Silvercrest

[dosto]

Antwort auf Beitrag Nr.: 44.564.857 von Keilfleckbarbe am 03.05.13 19:40:56

jeder kauft was er will.

Von mir so oder so nicht.

Ich habe nichts zu verkaufen.
Auch keine Miner.
Ich kaufe aber auch keine.

Ich traue keinem Miner mehr über den Weg.
Diese erfahrungen werde ich nicht mehr ablegen für meine
Restlebenszeit.

Wie schon von dir erkannt, im Hype, ja,

ansonsten brauch ich das Zeug nicht.

Es beherbergt für mich auch immer zuviele Schlappe Teilnehmer,
die nutzlos zusehen wie ihr Geld degeneriert.

Momentan gibts keinen Rohstoff-Hype.

Darum, verlorene Zeit, ich brauch anderes
am Kapitalmarkt.

Biullig, ist keine Erkenntnis,
billig, gehört zu den Erscheinungen.

Ein Diamant kann billig sein, für mich aber immer
zu teuer, weil ich nicht weiß, was ich damit soll.

[dosto]

außerdem bin ich dümmer als es die Polizei erlaubt.

Vom Prädikat dumm leb ich schließlich und das nicht schlecht.

Dumme läßt man in Ruhe, Gescheite
werden nur genervt.,

[Boersenkrieger]

Also ich bin zufrieden
Argonaut läuft und nach den hochprofitablen ergebnissen aus Q1 gabs kein halten mehr heute. hätte eigentlich mit +20% und nicht nur +6,4% gerechnet aber nunja die minenkrise in den köpfen. truat man sich wohl noch nicht

Probe ebenso wenn sie für 2 CAD zu kursen um 1,15 CAD FT-shares hinterhergeschmissen bekommen kein wunder... weiter so...

nur HL baut scheisse ohne ende. hat schon seine logik ...auch Brigus hat geliefert im übrigen.

hoffen wir mal die miner springen nicht so schnell an... hab noch paar käufe vor un überlass den dow weiterhin den idioten. ...ob´s die gleichen käufer sind wie anno 2000 ??? eigentlich müßten die ja schon pleite sein

[dosto]

Was soll ich mit so nem Nonsens wie
PROBE

die werden noch über 2 Jahre Geld verbrennen.
Ich bin doch nicht deren Rothschild oder Sprott.
Ich heiß auch nicht BMO

[dosto]

Was hat denn Brigus geliefert?

[dosto]

fÜR MICH HABEN DIE ABGELIEFERT

bisher 150.000 Unzen Gold,

die am Sharholder vorbeigegangen sind.

Da seh ich kein Vorwärtskommen für den Shareholder.
Die Firma tritt in Wirklichkeit auf der Stelle.

[dosto]

So,

und jetzt schließ ich mich den Idioten des Dows an.

Bisher war es nämlich so, daß dort am Tag 30 cent plus hervorgingen
und bei den Minern 30 Cent minus.

Wer ist nun im Trend. ?

und ich bin kein Antizykliker. I wo, warum auch!!!

[dosto]

Capital expenditures in the first quarter were $18.8 million primarily as a result of infrastructure improvements at the El Castillo and La Colorada mines

Ich sehe auch keinen Grund Argonaut zu pushen.

Der Marktpreis ist ok.

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.643.425 von dosto am 15.05.13 17:24:21

Der Marktpreis ist ok.

von mir aus. bin hier 10% grün und aktuell ist der marktpreis ok.
mit gold down sogar eher zu teuer.
aber kostenseitig ok und die sonstigen liegenschaften sind ordentlich und dürften auch keine überdurchschnittlichen kosten verursachen. bzgl ontario war 2012 470 Usd/unze angesagt.
sie werden durchkommen wenns weiter scheppert... nur darum gehts.
wir bekmmen die konsolidierungsphase. wer cash hat und gewinne erzielt, kann arbeiten und es wird sicherlich einiges wie in baisse.zeiten ülich für en äppel und en ei zu übernehmen sein, oder sie bringen eben ihre ligenschaften gut voran.

mir allemal lieber als eine Barrick derzeit z.B.
wer hier ordentlich lücke hat auf verluste dem passt es doch wieder.

Brigus ist nicht mein lieblingswert und mit so kurzen laufzeiten ist das alles nicht so toll. zudem betreiben sie auch etwas highgrading leider.
aber die 0,6 sind sie allemal wert. für mich sind 1,20 näher als 0,3 von der bewertung her.

zumindest haben wir im sektor jetzt die absolute negativstimmung und 2008 wurde teilweise sogar getoppt. also wo willst du die minen liegen sehen am boden ? für mich ist das nicht allzuweit weg.

Dow ist ein bischen bekloppt derzeit. aber gut das hatten wir ja öfter... warum auch nicht 18.000 oder gar 20.000 und wieder zurück auf 10.000. auch nix neues... dürfte noch eine weile gutgehen. wobei ich auch schon leute kenne inzwischen die mit aktien nichts am hut haben und ihre hausbank ihnen unbedingt nen us-aktienfonds andrehen musste... wir sind schon mittendrin. kauf auf pump ja auch schon.... dank dem liquiditätsmärchen das nur innerhalb geschlossener bankensäle existiert.

witzig eigentlich: gold stieg 2011 eher unsinnig, jetzt müßte es eher steigen und fällt. von daher... man sollte nur charts glauben.
dem dow fehlt noch der letzte steile teil. von daher kannst du nichts falschmachen momentan mit dem dow.

das problem bei gold war ja letztlich auch den abschnitt im sommer 2011 nicht mehr toppen zu können.
also auf richtung 1.200.... 1.300 dürften es auf jeden fall werden. chartmäßig eigentlich klar fast.

[dosto]

Soros Joins Gold-Stake Cuts Before Bear Market Drop
By Debarati Roy - May 16, 2013 1:00 PM GMT+0200


Q

Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month, while John Paulson maintained a stake that lost about $165 million in the first quarter.

Soros Fund Management LLC lowered its investment in the SPDR Gold Trust, the biggest such fund, by 12 percent to 530,900 shares as of March 31, compared with three months earlier, a Securities and Exchange Commission filing showed yesterday. Funds run by Northern Trust and BlackRock showed reductions of more than half, according to earlier filings. Paulson & Co., the largest investor in SPDR, held 21.8 million shares, while Schroder Investment Management Group bought 2.1 million.
Enlarge image Soros Leads Gold-Stake Cuts Before Bear Market Drop

Gold prices that reached a record in 2011 tumbled into a bear market last month, erasing $42 billion from the value of ETP assets this year, according to data compiled by Bloomberg. Photographer: Carla











Gold prices that reached a record in 2011 tumbled into a bear market last month, erasing $42 billion from the value of ETP assets this year, according to data compiled by Bloomberg. Some investors lost faith in the metal as a store of value, favoring riskier assets, as equities soared to all-time highs and unprecedented stimulus measures by the world’s central banks failed to spur inflation. After the longest rally in nine decades, gold is headed for its first annual decline since 2000.
‘Nasty Time’

“It’s a very nasty time for gold investors as prices are dropping while stocks keep raging ahead,” Michael Gayed, the co-portfolio manager of ATAC Inflation Rotation Fund at New York-based Pension Partners LLC, which advises on about $270 million in assets, said in a telephone interview. “The emotional double whammy has accentuated the selling.”

Gold futures tumbled 18 percent to $1,372.60 an ounce on the Comex in New York this year as the Standard & Poor’s GSCI Spot Index of 24 raw materials dropped 3.5 percent and the MSCI All-Country World Index of equities gained 11 percent. A Bank of America Corp. index shows Treasuries dropped 0.3 percent.

Soros Fund Management’s first-quarter reduction in SPDR holdings followed a 55 percent cut in the final three months of last year, an earlier filing showed. Gold has ceased to be a haven after the metal fell when the euro was close to collapse last year, Soros said in an interview with the South China Morning Post posted on the newspaper’s website on April 8.

Global ETP holdings have tumbled 16 percent in 2013 after rising every year since the first product was listed in 2003, according to data compiled by Bloomberg. Assets in SPDR have plunged 22 percent, and they will probably drop by an additional 2 million to 4 million ounces after slumping 9.7 million ounces since mid-December, Deutsche Bank AG said in a report on May 14.
Further Drop

While the selloff has been faster than expected, a further drop in ETP holdings will probably mean more price declines, Goldman Sachs Group Inc. analysts including Jeffrey Currie wrote in a report dated May 14.

Northern Trust cut its SPDR stake by 57 percent to 6.9 million shares, according to a filing dated May 1. The asset-management company, as a custodian, holds assets without discretion over how they are invested, Doug Holt, the head of global corporate communications, said yesterday in an e-mail.

“We made one change to our global tactical asset allocation policy this month: eliminating our tactical position in gold,” Jim McDonald, chief investment strategist in Chicago at Northern Trust, which oversees about $810 billion, said in a report on March 13.

BlackRock, the world’s biggest money manager, trimmed its holdings by half to 4.1 million shares, a filing dated April 12 showed. On May 9, Robert Kapito, president of the New York-based company, said that he would still buy the metal.


Farallon Capital Management LLC bought 600,000 shares of SPDR, while Omega Advisors Inc. purchased 90,000. Whitebox Advisors LLC reduced its holdings 90 percent to 3,741 shares.

Michael Vachon, a spokesman for Soros, did not respond to a voicemail. Armel Leslie, a spokesman for Paulson, didn’t have an immediate comment on the filing. Steve Bruce, a spokesman for San Fransisco-based Farallon, declined to comment.

Money managers who oversee more than $100 million in equities must file a Form 13F with the SEC within 45 days of each quarter’s end to show their U.S.-listed stocks, options and convertible bonds. The filings don’t show non-U.S. securities or how much cash the firms hold.

Futures declined for a sixth day today, heading for the longest slump since December 2011 as the dollar’s rally eroded demand for the metal as an alternative investment. Holdings in the SPDR extended a drop to the lowest since March 2009.
Attraction Sinking

“The precautionary demand for gold is not there, and the attraction is sinking,” said Frances Hudson, who helps manage about $272.6 billion of assets as a strategist at Standard Life Investments in London. “The money that has gone out from ETFs has not come back, and it seems people are trading up and migrating to equities.”

Paulson & Co., based in New York with $18 billion in assets, sold 915,000 shares in Barrick Gold Corp. (ABX), the world’s biggest gold producer by sales, a stake that was valued at $32 million at the end of last year, according to a regulatory filing yesterday.

The firm also sold shares in NovaGold Resources Inc., Iamgold Corp., Randgold Resources Ltd. and Agnico Eagle Mines Ltd.

Paulson maintained his stake in SPDR even after his Gold Fund had declines of about 47 percent this year, according to two people familiar with the matter this month.

Gold remains the best store of value in an uncertain economy, New York-based Elliott Management Corp. told clients, even as the $21.8 billion hedge-fund firm founded by Paul Singer lost money on its position this year.
Coin Demand

Prices have rebounded from a two-year low of $1,321.50 on April 16 as demand for bars, coins and jewelry surged in India and China.

Hedge funds cut bets on a gold rally by 52 percent this year to 49,260 futures and options, U.S. Commodity Futures Trading Commission data showed on May 7. Speculators held 67,374 so-called short contracts, 6.4 percent more than a week earlier, the figures showed. Investors pulled a record $21.1 billion from bullion funds this year through May 13, according to Cambridge, Massachusetts-based EPFR Global, which tracks money flows.

Warren Buffett, the third-richest person in the Bloomberg Billionaires Index, said last year in his annual letter to shareholders that investors should avoid gold.

“If it went to $800, I wouldn’t be a buyer,” Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., told reporters in Omaha, Nebraska, on May 2. “It just sits there, and you hope somebody pays you more for it.”

Wo er Recht hat, hat er recht.

[dosto]

von mir aus. bin hier 10% grün und aktuell ist der marktpreis ok.
mit gold down sogar eher zu teuer.
aber kostenseitig ok und die sonstigen liegenschaften sind ordentlich und dürften auch keine überdurchschnittlichen kosten verursachen. bzgl ontario war 2012 470 Usd/unze angesagt.
sie werden durchkommen wenns weiter scheppert... nur darum gehts.
wir bekmmen die konsolidierungsphase. wer cash hat und gewinne erzielt, kann arbeiten und es wird sicherlich einiges wie in baisse.zeiten ülich für en äppel und en ei zu übernehmen sein, oder sie bringen eben ihre ligenschaften gut voran.
---------------------------------------------------------------------------

Da sieht man mal daß du keine Ahnung hast.

EL Castille muß für den CashFlow sorgen.
Ausgerechnet dieser Massenminer mit seinen Low Grades und der niedrigen
Resourcenrechnung.

Viel Spaß

Da von Ontario zu plappern ist erstmal weit weg.

[dosto]

das problem bei gold war ja letztlich auch den abschnitt im sommer 2011 nicht mehr toppen zu können.
also auf richtung 1.200.... 1.300 dürften es auf jeden fall werden. chartmäßig eigentlich klar fast.
------------------------------------------------------------------------------

nimmt man einen Langzeitchart dann können es auch800 werden.

Ist aber gar nicht so wichtig ob die da noch runtergehen.
Entscheidend ist vielmehr wie lange der Goldpreis unter 1.500 sich
ansiedelt.
Der Rest ist Spielerei für die Zockerabteilung in Zertiufikaten.

Fundamental wird was anderes gespielt

Gold ist kein Safe Haven.

Übrigens die so hochgemeinte Inflation seitens der Goldbug tut ein
übriges zur Deflation des Bullion Goldes bei.
Viel Spaß für alle.

Da geh ich doch lieber wieder in den Real Estate und Hypotheken-Markt.

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.651.411 von dosto am 16.05.13 13:50:19

dosto mal ehrlich: von minen hast du doch nie eine ahnung gehabt. 2008 warst du am tief sogar noch bärisch.
wir talken später weiter wenn ich der sieger bin.
sas spiel wwiird noc hzu meinen gunsten ausgehen, warte es ab

[dosto]

Antwort auf Beitrag Nr.: 44.655.445 von Boersenkrieger am 16.05.13 19:08:15

richtig,

ich habe keine Ahnung,

dafür hab ich auch keine Verluste.

Und warum soll ich bei mir wiederkommen, wenn ich hier bei mir bin.


2008 hatte ich wohl andere Probleme als Minen,
da gings eher ums eincashen me,


Und ab 2008 gingen nicht nur Metzalle nach oben, sondern ziemlich
viele Märkte starteten zur Rally, die geht sogar noch bis heute,
beim von dir zitiertem Scheiß DAX und Scheiß DOW.
Das sind immerhin jetzt schon 2 Jahre längere Bullies,
denn Minenwerte haben inzwischen alles gewonnene wieder abgeben.

Du verwechselst einfach die Liga, mit mir mußt du nicht spielen.
Der Ball gefällt mir nicht.

Solche Schrottminen wie sie Argonaut in Mexico betreibt ist eher
eine Schande und Verschandelung der Mutter Erde, wegen den paar
Gramm Gold, die kein Mensch wirklich braucht, derart die Erde umzubiegen,
dafür gehört man nach meiner Ethik, in den Knast.

[dosto]

Russia Shelves Bond Auction Citing Lack of Competitive Bids
By Vladimir Kuznetsov - May 22, 2013 1:26 PM GMT+0200



Russia canceled an auction of ruble bonds for the first time since October as waning expectations of a central bank interest rate cut sent yields rising.

The Finance Ministry planned to offer 33.6 billion rubles ($1.1 billion) of December 2019 OFZ bonds in today’s auction at a yield range of 6.33 percent to 6.38 percent. The yield jumped seven basis points, or 0.07 percentage point, to 6.49 percent by 2:50 p.m. in Moscow, the highest in almost two weeks, after rising six basis points yesterday.
Enlarge image Russia Shelves Bond Auction Citing Lack of Competitive Bids

Bank Rossii kept its main interest rates unchanged for the eighth straight month on May 15 citing elevated inflation, which quickened to 7.2 percent in April.



“Expectations of monetary easing by the central bank have not come true so far,” Anton Nikitin, an analyst at VTB Capital, said by phone in Moscow. “Many positioned themselves with the idea that the monetary easing will be rather aggressive and fast.”


The yield on Russia’s ruble bonds due February 2027 fell 55 basis points, or 0.55 percentage point, last month to a record 6.80 percent as investors bet the regulator would cut rates to boost an economy that’s expanding at the weakest pace since a 2009 contraction. The yield has risen 31 basis points this month. The ruble strengthened 0.2 percent to 31.17 against the dollar today.
Slowing Growth

Russia’s economy may expand as much as 3 percent this year, Ulyukayev said. That would be the slowest pace since 2009, when gross domestic product shrank 7.8 percent, data compiled by Bloomberg show.

While President Vladimir Putin has urged ministers to boost the economy and policy makers from Poland to India reduced borrowing costs to aid growth, Bank Rossii has held the refinancing rate at 8.25 percent since September with inflation at least one percentage point above its target this year. Any monetary easing is “likely to worsen the situation,” former Finance Minister Alexei Kudrin said at a conference organized by VTB Capital yesterday. Russia needs “structural measures” and the economy of the world’s largest energy exporter remains too dependent on oil, he said.

Russia issued almost all the debt it offered at last week’s auction after selling out at the three previous offerings. The 2019 notes yielded 6.36 percent on May 20, the day before the ministry gave the guidance, data compiled by Bloomberg show.

[dosto]

So,

nachdem Blackrock in breiter Phalanx aus den MinerAktien ausgestiegen
ist.

Bin ich mal gespannt ob der Markt es schafft einen gleichwertigen,
potenten Spieler aufzustellen.

[dosto]

UK lawmakers to probe transparency of mining, oil firms

Britain's parliament is to probe UK-based mining and oil firms after troubles at two mining companies burnt some investors' fingers.
Related Stories

-

Britain's parliament is to probe UK-based mining and oil firms, delving into areas such as transparency and disclosure after troubles at two mining companies burnt some investors' fingers.

Parliament's Committee for Business, Innovation and Skills will meet next month to set the terms of reference for the inquiry and could hear evidence before the beginning of lawmakers' summer recess in July.

Troubles at Kazakh miner ENRC and Indonesia-focused Bumi have sparked a debate in London around corporate governance and the issue of owners with controlling majorities.

ENRC is being investigated by the Serious Fraud Office (SFO), while shares in Bumi, battered by a standoff between founder investors, are suspended until it can conclude a review of the accounts of a key Indonesian unit, and publish its 2012 earnings.

ENRC shares have slumped from a peak of 1,276 pence set in early 2010 to trade at 265.8 pence by 1515 GMT on Tuesday, while Bumi had dropped from a 1,215p high to be suspended at around 259p.

"We have formally agreed to go ahead with the inquiry. It will be much more wide-ranging than the issues around Bumi and ENRC," committee chairman Adrian Bailey said, adding the probe would aim to not cut across work already being carried out by the SFO.

Parliamentary committees often bring political pressure to bear on companies by calling witnesses to give evidence and then publishing reports. While their findings have no legislative weight, findings are aimed at influencing government policy.

Bailey said the committee would look at the economic benefits of having oil and mining firms headquartered in London, as well as other issues such as skills, transparency, protection of the natural environment and community relations.

Scandals at Bumi and ENRC have overshadowed some of the successful stock market listings in the industry over the past decade, prompting a debate over stock exchange rules.

The UK Listings Authority, which supervises the terms on which companies join the London Stock Exchange, has already proposed stricter entry rules, hoping to create a higher hurdle for companies wanting to access the London market.

The revised rules, on which it consulted with the market last year, could be published in the coming weeks.


Und dasselbe bitte für die Gauckler-Bude Vancouver

[dosto]

Bad News für einen Insti-Fund-Darling

NEW GOLD

kein Mine arbeitet mit Gewinn:

Mesquite: Earning 3,1 Millionen - Capex 3,4 Millionen

die Mine brachte 2012 übers Jahr 67,6 Millinen Earning.


Super Mine

Cerro S. Pedro: Earning 22,6 M-Capex 31 M.

Auch hier klafft ein Loch-letztes Jahr verdiente man dort 158 Mill.

Peak Mines:
die Aussie hakten sich wacker
Gewinn 13,7 M-Capex 13,4 M

New Afton- auch neue Hoffnung

eine Kupfermine unter dem Mantel als Goldmine verkauft,
daher (770) US Dollar Kosten

Was natürlich Quatsch ist.

Earning 18,4 M-Capex 42 M.

nunja die sind noch am basteln.

Haltet man fest: California und Mexico liegen schlaff da. Ein Minus von 9.000 Unzen.
Dazu sind die Grades degeneriert. in California seit 2011.
Und Mexico beginnt das Jahr sehr schwach.
Die Mini-Kosten dort sind von 232 auf 494 gestiegen.
Allein die CapexKosten berechnen sich pro geförderter Unze auf 1.175 Dollar.

Kein gutes Quartal für New Gold

[dosto]

Weitere Abflüsse aus den ETFs

Gold: an Bord nur noch

6.095.607 Unzen

am 28.03 warfen es noch

6.821.025


Silber an Bord:

333.650.000 Unzen

es sind quasi seit 3.05

23 Millionen Unzen eleminiert worden

[dosto]

DER FIRST MAJESTIC BLUFF ?


a Encantada Proven (UG) Oxides 0.92 339 - - - 10.02 10.02
Proven (Tailings) Oxides 6.15 111 - - - 21.86 21.86
Probable (UG) Oxides 0.71 312 - - - 7.12 7.12
Proven + Probable Oxides 7.78 156 - - - 39.01 39.01

Diese 6 Millionen Tailing Tonnen sehen sich verdammt nach dem
Alten bereits verarbeiteten Tailing und dem noch nichtverabeitendem Rest-Tailing an.

Da das Tailing nur 50 % Recovery hat sind natürlich
21.86 Millionen Unzen Silber - NONSENS-
dIE FIRMA WIRD SICH GLÜCKlich SCHATZEN 10 MILLIONEN DARAUS HERAUSZUHOLEN:

Gerne erwarte ich ein Dimenti seitens der Firma.

[dosto]

Kurze Draufsicht auf

ARGONAUT

die ja hoch gehandelt werden, seitens der Anlegergemeinschaft.


Gewinn 1. Quartal

11,615 Millionen

Abschreibungen

5.482

operativ

17.097 Mill.

Capex-Ausgaben

16.485

Also so wies reinkommt-gehts raus.

Zur hochgehandelten La Colorada da nur Kosten von 220 D je Unze
folgende Daten:

Crushed ore
403 000 tonS

Produktions: 5.782 Unzen.

Capex-Kosten : 9.4 Millionen = 1.626 pro Unze.

Sieht so aus, daß für mich dort 3 Leutchen mit 3 Baggern arbeiten.
Ich weiß nicht ab welcher Unzenzahl ne richtige Goldmine anfängt.
Aber 25.000 Unzen würde ich noch nicht als Bestandsmine bezeichnen.

Die andere Mine namens El Castillo schaffte im 1,Quartal

23.125 Unzen Gold.

Argonaut hat 150 Millionen Shares zu bedienen.
Eine Market Cap von 1 Milliarde.

Da müssen noch ganz andere Sachen in diesem und im nächstwen Jahr auftauchen
um dies Bildnis zu gestalten.

Viel Hype und quasi z.Zeit überbewertet.

[dosto]

S based secondary lead smelter opposes relentless US lead battery exports to Mexico


0
inShare



NEW YORK (Scrap Monster) : The prominent secondary lead smelter in the US-RSR Corporation has written an open letter to the Environment Protection Agency (EPA) highlighting the imminent risks posed by the increased exports of spent lead-acid batteries from US to Mexico.

A recent study report by the Commission for Environmental Cooperation (CEC) had revealed that almost 30% to 60% of spent lead-acid batteries (SLABs) recycled in Mexico come from the USA. As per statistics, US exported 342 187 tonnes of SLABs to Mexico during the year 2011.Nearly 68% of the US exports were targeted to Mexico. The US exports of SLABs during the period 2004 to 2011 surged by over 500%.

The lead emissions standards of US recycling plants are ten times stricter than Mexico, which remains the only reason for the increased trade between borders. The plants in US have most modern technologies installed which ensure that the toxic emissions out of them will be minimal. The recycling facilities in Mexico are equipped with far inferior pollution controls than in the U.S.

RSR Corporation in its letter has urged EPA to ‘direct all of its considerable influence and commitment' to protecting human health and the environment by stopping the export of used lead batteries to any nation that is incapable of recycling lead-bearing waste safely and without environmental contamination.

Ja,Ja dieses Land verdreckt sich in der Totalen.

[dosto]

New Gold
Agrees to Acquire Rainy River Resources
Growing Gold Reserves by Over 40 Percent per Share


adios

bei 3,80


alle sind damit ausgebremst die die letzten 3 Jahre eingestiegen sind.
Bis auf die Neueinsteiger März bis dato.

Ist natürlich das komplette W.O.Bord.

[dosto]

Silber: Average April bei

23 US Dollar

[dosto]

Gold: April knapp über

1.400 US Dollar

[dosto]

Silber Trust ETF

Total Net Assets $7.283.483.972

runter von 10,5 Mia

3 Milliarden /EU-Terms) allways gone

Ounces of Silver in Trust 321.279.945,800

[dosto]

Short Cut

Rainy River

Market-Übernahme 271 Mill Dollar

On April 10, 2013, Rainy River announced the results of a Feasibility Study for the project, with 4.0 million ounces in Proven and Probable gold reserves and 6.2 million ounces in Measured and Indicated gold resources, inclusive of reserves.

bezahlt werden für die 4 Millionen Unzen

68 Dollar

pro Unze


na dann liebe Explorerfreunde wenn das eine margin ist,
dann sind eure Preise, die ihr immer so gerne sehen wolltet-Fantasiepreise-

[dosto]

Verläßt Gold die 1.400

Dann muß ich mal gedanklich eine Ransch auf 1,250-80 ziehen.

[dosto]

N
EWS
R
ELEASE
Brigus Gold
Resumes
Milling Operations
Halifax, Nova Scotia
;
May 31
,
2013
Bmilling operations resumed on
May 3rigus Gold Corp. (“Brigus” or the “Company”) (NYSE MKT: BRD; TSX: BRD)
report that 1
, 2013. As previously reported, milling operations were suspended on May 12th, 2013
due to higher than recommended water levels in the hol
ding
and water management facilities at the Black Fox
m
ill.
Underground and ope
n pit mining
operations at the Black Fox
m
ine were not affected by the temporary mill suspension
and the Company continued to stock pile ore which is now being processed at the Black Fox
m
ill.
During this period, the
Company also completed various other
maintenance activities related to milling operations.

[dosto]

El Salvador mining ban could establish a vital water security precedent

El Salvador's battle to protect its water by becoming the first country to ban metal mining could have a wide-ranging resonance



MDG : El Salvador : protest against Canadian mining corporation Pacific Rim
No drying up … with their water supply threatened, Salvadorans are hitting back at mining companies such as Pacific Rim. Photograph: Jose Cabezas/AFP/Getty Images

Five hundred scientists meeting in Bonn last month warned that 9 billion people would face the consequences of severe water shortages within a generation or two, but did not point the finger at industries devastating fresh water supplies.

Meanwhile, a battle against a metal mining industry that has ravaged freshwater supplies in El Salvador shows just how difficult it is for a developing country to build economic alternatives for a water-secure future.

Two mining companies are dragging El Salvador through a costly legal challenge at an international trade tribunal for attempting to protect limited water supplies by refusing permits for their operations.

With 90% of its surface water heavily contaminated and a quarter of its rural population lacking access to safe drinking water, El Salvador is embroiled in a clean water crisis. More than two-thirds of the population rely on the Lempa river basin for drinking water – the same number that would be threatened by water-intensive and water-contaminating metal mining projects were El Salvador to reopen its doors to the industry.

In 2008, after strong public pressure to protect water from mining, Antonio Saca, El Salvador's president at the time, declared he would not issue any new mining permits. There are no active metal-mining operations in the mineral-rich country, which a majority of Salvadorans would like to become the first in the world to prohibit metal mining permanently. A bill to ban the industry has the support of more than 62% of the population and was initially backed by the ruling FMLN party.

The canton of San Sebastián stands as an emblem of a past where mining companies were given free rein to mine, resulting in the contamination of fresh water. Milwaukee-based Commerce Group ran a gold mining operation in the area until 1999. The community has nothing to show for decades of gold extraction but the famous bright orange waters of the San Sebastián river, a classic sign of acid mine drainage from large-scale gold mining. The Salvadoran environment and natural resources ministry tested the water in 2012 and found nine times the accepted levels of cyanide and 1,000 times the accepted levels of iron.

Without a clean water supply, local subsistence activities have been devastated. Residents are forced to buy bottled water, but continue to use the highly toxic water from the river for feeding livestock, bathing, and doing dishes.

Experiences like that of San Sebastián have galvanised people in other parts of the country. In the northern department of Cabañas, neighbourhood associations, church groups and environmental groups have organised a strong campaign against a cyanide leach gold mine proposed by Vancouver-based Pacific Rim. With the help of a Spanish NGO, Asociación Catalana de Ingeniería Sin Fronteras, a community organisation in Cabañas has armed itself with an extensive baseline study of its water and started implementing measures to improve water quality. Local groups have also led the national campaign for a permanent ban on metal mining, and were initially backed by the broad-based civil society coalition called La Mesa Nacional Frente a la la Minería Metálica.

As Manuel Perez-Rocha of the Washington-based Institute for Policy Studies observed during a recent fact-finding mission to El Salvador involving 45 international delegates from 12 different countries: "The contrast between the communities exposes the myths of mega mining. Rather than generate wealth for the communities, decades of mining have left the people impoverished in San Sebastián, whereas the communities of Cabañas are well organised and are exploring their own vision for development."

Salvadorans are simultaneously trying to pave the way for a clean water future through an ambitious new water bill currently being debated at the national assembly. The proposed bill would engage 25 different government agencies in a series of measures ranging from universal access to water and sanitation to protecting source water and prohibiting activities that would destroy watersheds. It would establish a hierarchy of water use that would prioritise clean water for human consumption and food production.

Meanwhile, both Commerce Group and Pacific Rim are using a World Bank trade tribunal to circumvent community consent and state regulation. They are suing the Salvadoran government for more than $400m through the International Centre for the Settlement of Investment Dispute (ICSID), whose mandate is to protect investment rights.

The legal challenge appears to have have had a chilling effect politically. Negotiations around policies that would be unfavourable to the mining industry have become gridlocked, and civil society actors fear the ruling party may make concessions to the pro-mining opposition. If ICSID forces El Salvador to pay the companies, it would make goals such as universal access to water and sanitation impossible.

As scientists and world leaders deliberate on how to fix the global water crisis, there should be greater international support for communities and countries attempting to forge new paths away from water-destructive economies. If El Salvador overcomes the odds and becomes the first country in the world to ban metal mining, it could serve as a model for a world grappling with the threat of an imminent water crisis.

With a recent poll showing a close race between the ruling party and the pro-mining opposition for the 2014 presidential election, the window for change may be closing.

[dosto]

Auf ein Nimmer Wiedersehen.


Kinross dumps Fruta del Norte, while Ecuador debates mining law reform


Posted: Tuesday , 11 Jun 2013

RENO (MINEWEB) -

As the National Assembly of Ecuador debated mining law reform and mining taxation Monday, Kinross Gold announced it would not proceed with further development of the Fruta del Norte (FDN) project in Ecuador.

After more than two years of negotiations on exploitation and investment protection agreements for the gold project, the Government of Ecuador and Kinross

“have been unable to agree on certain key economic and legal terms which balance the interests of all shareholders,” said a Kinross news release issued Monday.

“Therefore, despite pending legislative amendments to the mining and tax law regime in Ecuador, Kinross has concluded that it is not in the interests of the company and the shareholders to invest further in developing FDN.”

In a statement, Kinross CEO J. Paul Rollinson said, “After a great deal of effort to arrive at a mutually agreeable outcome, it is unfortunate that the parties were unable to reach an agreement on FDN which would have met those criteria. That said, we respect the Government of Ecuador’s sovereign authority and its right to determine how the resources are developed.”

Fruta del Norte is another legacy of the administration of former Kinross CEO Tye Burt, a former investment banker who had previously worked for Barrick Gold. In 2009, Kinross paid $1.2 billion or $8.20 per share for junior explorer Aurelian Resources, which owned the Fruta del Norte deposit.

In a statement at the time of the transaction, Burt noted, “The government of Ecuador has indicated it is interested in attracting responsible mining companies prepared to invest in creating new economic opportunities in the county. We have been working in Ecuador for two years, doing our research and building relationships. We believe that the government will welcome the positive approach we plan to take to advance the development of the FDN project in a way that benefits the people of Ecuador and respects local social and economic priorities.”

Previously, Kinross called FDN “one of the most exciting gold discoveries of the past 15 years.” As of year-end 2012, FDN had 6.715 million ounces of gold in proven and probable reserves, as well as 67,000 measured and indicated gold resources. Proven and probable silver resources including 9 million ounces of silver with measured and indicated resources totaling 1.412 million ounces of silver.

While Kinross has decided to end development of FDN, the company noted that “the government has also indicated it will not support efforts by Kinross to solicit a potential new partner or a buyer.” The government has refused to extend the economic valuation phase of the project or suspend commencement of the exploitation phase. The current economic evaluation phase of the project expires in Aug. 1, 2013.

As a result, Kinross expects to take a charge of $720 million in the second quarter. The write-down will be the second major charge Kinross has taken as a result of former CEO Burt’s policies. In 2012, Kinross took a $3 billion non-cash impairment charge on the Tasiast property for which it had paid $7.1 billion in shares.

In media interviews Monday, Burt’s successor Rollinson said, “We have been at the negotiating table for two years. Sometimes the best deal is the one you don’t sign, and we believe that’s the case here.”

[dosto]

1-Rio Tinto to start shipping Oyu Tolgoi copper on June 14



CORRECTED-Rio Tinto set to start shipping Oyu Tolgoi copper on June 14
1:19am EDT
PRESS DIGEST-Sunday British business - June 9
Sun, Jun 9 2013



Tue Jun 11, 2013 2:15am EDT

* Mine start-up key to Mongolia, Rio Tinto growth

* Output could help fill Grasberg shortfall


(Reuters) - Global miner Rio Tinto plans to start exporting copper from the $6.2-billion Oyu Tolgoi mine in Mongolia on Friday, according to an invitation received by Reuters, marking the opening of a mine that will eventually make up one-third of the country's economy.

Journalists have been invited to attend a ceremony at the mine on June 14 to celebrate the first shipment.

Oyu Tolgoi, run by Rio Tinto, is a crucial source of growth for the company as it looks to ease its dependence on iron ore and cast off small or unprofitable assets.

It is particularly important now as the company's Bingham Canyon mine in Utah was shut by a landslide in April and its 40 percent owned Grasberg mine in Indonesia has been shut following an accident in May.

Metals traders are eager to hear if Rio has won official approval to export concentrate from Oyu Tolgoi amid the shortfall in shipments from the crippled Grasberg mine, run by Freeport McMoRan Copper & Gold.

Rio Tinto declined to comment on the Oyu Tolgoi event. Its subsidiary, Turquoise Hill Resources Ltd, owns a stake of 66 percent in the mine, with the Mongolian government owning the remainder.

Rio has been producing at Oyu Tolgoi for several months, and has been aiming to start exporting by the end of June. But it has said since February it would not start shipping until it resolved disputes with the Mongolian government over royalties, costs, management fees and project financing.

The start-up of Oyu Tolgoi has been seen as a crucial test to revive foreign investment in Mongolia's vital mining sector, which slumped last year after the government moved to tighten investment regulations and sought a bigger stake in Oyu Tolgoi.

In the first ten years, annual output at Oyu Tolgoi is expected to average 330,000 tonnes of copper and 495,000 ounces of gold. By 2020, the mine could make up a third of Mongolia's economy.

Rio Tinto is close to securing financing for a $5 billion-plus underground expansion of the mine.

[dosto]

WASHINGTON (MarketWatch) -- The percentage of all residential mortgages that are in negative equity, or "underwater" or "upside down," at the end of
the first quarter fell to 19.8%, or 9.7 million,
CoreLogic said Wednesday. That's down from 21.7% at the end of the fourth quarter of 2012 and from over 25% at the end of 2011. Nevada was the state with the highest percentage of mortgaged properties in negative equity at 45.4%, and Tampa-St. Petersburg-Clearwater, Fla. had the highest percentage of top-25 metropolitan areas at 41.1%. Of the 39 million residential properties with positive equity, 11.2 million have less than 20% equity, CoreLogic added.

[dosto]

Da war mal die Rede
Sie wären total durchfinanziert

wohl nicht !!!!


Detour Gold Corp (DGC )
Sector: Mining

Status Closed
Financing Type Common shares
Gross Proceeds $176,093,750.00
Date Closed June 11, 2013
Units Issued 20,125,000
Price $8.750
Warrants 0
Exercise Price $0.000
Expiry Date -
Region Ontario
Agents BMO Capital Markets
Commodity Gold
Attorneys
Website http://www.detourgold.com/

[dosto]

New 52-week Lows (TSE)
Search For Symbol: x
13 Jun 2013, 10:44 AM
Count: 30
Symbol Name Exch Sector Industry Open High Low Close Volume
AAB.TO Aberdeen International Inc TSE Financial 0.180 0.180 0.170 0.170 38000
AUE.TO Aureus Mining Inc. TSE Materials 0.480 0.480 0.480 0.480 0
AXR.TO Alexco Resources Corp. TSE Materials 1.400 1.400 1.360 1.360 13212
CHR/B.TO Chorus Aviation Inc. TSE Industrial 2.070 2.120 2.060 2.080 682222
CXX.TO Crosshair Exploration & Mining Corp. TSE Materials 0.040 0.040 0.040 0.040 15125
D/UN.TO Dundee Realty Corp. TSE Financial 31.510 32.030 31.500 32.010 79716
DNT.TO Candente Resource Corp. TSE Materials 0.200 0.200 0.200 0.200 14000
EDV.TO Endeavour Mining Corp. TSE Materials 0.780 0.810 0.780 0.810 83216
ELG.TO Elgin Mining Inc. TSE Materials 0.250 0.250 0.250 0.250 1333
FCO.TO Formation Metals Inc. TSE Materials 0.070 0.070 0.065 0.065 23000
GCL.TO Colabor Group Inc. TSE 3.100 3.590 3.100 3.510 59011
GSC.TO Golden Star Resources Ltd. TSE Materials 0.590 0.590 0.560 0.570 48037
HZU.TO Horizons Beta Pro Comex Silver Bull Plus ETF TSE 9.440 9.650 9.440 9.510 36555
KMP.TO Killam Properties Inc. TSE Financial 10.760 10.820 10.650 10.790 57291
MBC.TO MBAC Fertilizer Corp. TSE Materials 1.460 1.460 1.330 1.330 45000
MGA.TO Mega Uranium Ltd. TSE Materials 0.100 0.100 0.100 0.100 11300
ML.TO Mercator Minerals Ltd. TSE Materials 0.195 0.195 0.185 0.185 175121
MOZ.TO Marathon Gold Corp. TSE Materials 0.255 0.260 0.250 0.260 18125
MRG/UN.TO Morguard North American Residential REIT TSE 10.070 10.200 9.950 10.190 38207
OGC.TO OceanaGold Corp. TSE Materials 1.590 1.600 1.550 1.590 67208
ORE.TO Orezone Gold Corp. TSE Materials 0.530 0.530 0.485 0.485 30928
PAR/UN.TO Partners Real Estate Investment Trust TSE 6.500 6.500 6.400 6.470 36593
PRU.TO Perseus Mining Ltd. TSE Materials 0.900 0.920 0.890 0.920 76797
REN.TO Renaissance Gold Inc. TSE Materials 0.260 0.260 0.260 0.260 1400
RIO.TO Rio Alto Mining Ltd. TSE Materials 2.410 2.430 2.390 2.400 64583
SGQ.TO SouthGobi Resources Ltd. TSE Materials 1.510 1.510 1.500 1.500 1984

[dosto]

und aufi gehts mit den Zinsen für einige Miner,
Bondverluste bei Minengesellschaften stehen vor der Tür.

Impala rout highlights mining double whammy

The convertible dollar debt due February 2018 of Impala Platinum has lost 15% on a total-return basis since being sold on Feb 21.
Author: Jaco Visser (Bloomberg)
Posted: Friday , 14 Jun 2013

(Bloomberg) -

Labor unrest plaguing South African mining companies is exacerbating a selloff in their bonds fueled by mounting concern that U.S. Federal Reserve stimulus will soon be scaled back.

The convertible dollar debt due February 2018 of Johannesburg-based Impala Platinum Holdings Ltd., the world’s second-biggest producer of the metal, has lost 15 percent on a total-return basis since being sold on Feb. 21. BHP Billiton Ltd., the world’s biggest mining company, has lost 1.9 percent on its dollar bonds due in November 2021 in the period. Debt of companies in the Bank of American Merrill Lynch Metals, Mining and Steel Index declined 4.1 percent.

Violent union rivalry at platinum shafts that has led to worker deaths and tension before wage talks in the gold and coal industries have spurred a rise in their borrowing costs by more than the average for corporate debt in the continent’s biggest economy. Emerging-market bonds have fallen 7.1 percent since the start of May, more than triple the overall market, on speculation the Fed will lead policy makers in reducing support to bolster growth as economies slow.

“After the Fed implied they would be reducing their monetary easing, we have seen a general selling of emerging- market assets,” Bronwyn Blood, who helps manage the equivalent of $1.8 billion in fixed-income investments at Cadiz Asset Management Ltd., said by phone from Cape Town on June 12. Mines have been “extremely unstable due to labor disruptions.”
Corporate Yields

Impala Chief Financial Officer Brenda Berlin declined to comment on the performance of the bond that’s convertible into shares. The stock has slumped 43 percent this year, the worst performer among the 42 biggest companies that trade in Johannesburg.

South African companies’ dollar-bond yields have increased 63 basis points to an average 5.17 percent this year, according to JPMorgan Chase & Co. indexes. Rates for AngloGold Ashanti Ltd., the world’s third-biggest producer of the metal, have outpaced the gauge’s advance, with yields on its dollar bonds due August 2022 adding 96 basis points, or 0.96 percentage point, over the period to a record 5.75 percent on June 12.

“We are working on reducing costs on an operating and corporate level to open up a sustainable free cash-flow margin,” Stewart Bailey, a New York-based spokesman for the company, said by phone yesterday. “That work is gaining momentum which is positive for the balance sheet.”
Wage Talks

Gold and coal producers will start negotiations with unions this month, with one labor organization seeking increases of as much as 61 percent in basic salaries for entry-level workers. Inflation was 5.9 percent in April.

On June 4, workers at an Impala shaft embarked on a one-day unauthorized strike. Union rivalry at mines owned by Lonmin Plc, whose operations are in the same region as Impala’s, has resulted in the deaths of at least three workers this year. The country has the world’s biggest known reserves of platinum.

Deputy President Kgalema Motlanthe is today meeting with unions and companies to try restore peace at mines. Unrest has shaved 0.3 percentage point off South Africa’s growth rate this year, President Jacob Zuma said yesterday.

Unrest has contributed to a decline in the rand, which has weakened 14 percent this year against the dollar, the most among the 16 most-traded major currencies tracked by Bloomberg. It weakened 0.3 percent to 9.8765 per dollar by 8:50 a.m. in Johannesburg.

Yields on the dollar bonds due October 2020 of Gold Fields Ltd., which has mines in Peru, Ghana, Australia and the South Deep operation in South Africa, reached 6.44 percent on June 10, the highest since January 2012.

“The higher-yield environment over the past month reflects general bond-market movements,” Sven Lunsche, a spokesman for Gold Fields, said in an e-mailed response to queries. “But there are also mining-specific issues which are undoubtedly having an impact, such as the drop in commodity prices and the prospects of a volatile strike season in South Africa as wage negotiations approach.”

[dosto]

2013-0602 - Delist - Cayenne Gold Mines Ltd. (CYN)

June 7, 2013

The common shares of
Cayenne Gold Mines Ltd.

will be delisted at the market close on June 7, 2013.

Cayenne Gold is currently suspended.

[Keilfleckbarbe]

Antwort auf Beitrag Nr.: 44.850.709 von dosto am 14.06.13 14:16:35

Wo ist das Problem ? Kehrt man eben Südafrika den Rücken, wie anderen Assiländern auch . Können die Arbeiter stempeln gehen

[dosto]

Antwort auf Beitrag Nr.: 44.851.829 von Keilfleckbarbe am 14.06.13 16:37:50

Na prima, daß du den Bondholdern die Schließung androhst.

Das hat feine Auswirkungen auf die Miner, die sich laufend
Geld am Markt sichern müssen.

Ich denke da z.B Glencore hat einen 17 Mia Kredit, der
laufend erneuert werden muß.
Andere haben sowas in kleinem Maßstab auch am Hals und sollten
die Problemländer halten, steigen einfach die Zinsen für diese
Firmen.
Zumachen bedeutet übrigens Konkurs anmelden. Ist das damit gemeint,
was du uns sagen willst?

Dann werden wir mal Minen-Aktie unter allergrößtes Risiko ein buchen.
D. heißt für manche Kurse nochmal runter.

[dosto]

Miners’ new trilogy: flat revenues, profit drop and weak share prices

Despite production volumes increases in the last 12 months, mining companies continue to experience a “disconnect,” as revenues remain flat, profits fall and share prices underperform, says the latest PricewaterhouseCoopers report on the sector.

The report, the 10th review of global trends in the mining industry by PwC, shows the industry has entered a period where there is a "crisis in confidence" about miners’ abilities to control costs, deliver on promises and successfully cope with resource nationalization demands.

According to Mine 2013: A Confidence Crisis, the growing disconnect between the performance of the mining industry's share prices, commodity prices, and the broader equity markets continued last year.

Net profits dropped to $68 billion, a 49% decrease from 2011. In addition, market capitalization fell for 37 of the top 40 global miners, totalling a loss of over $200 billion.

[dosto]

Barclays Sees PGMs Outperforming Gold, Lowers Base-Metals Forecasts
By Kitco News
Friday June 14, 2013 9:42 AM

(Kitco News) - Barclays said Friday that it favors platinum group metals over gold and also lowered its forecasts for base metals in 2013.

“Our outlook across the precious metals remains unchanged: we continue to prefer the PGMs over gold and silver and view silver’s fundamentals as the weakest,” Barclays said. “Gold continues to pivot between weak investment demand and strong physical appetite but we believe softer buying will expose it to further weakness. On the other hand…weak European auto demand looks to be stabilizing and supply risks expose platinum the most to the upside in the near term.”
------------------------------------------------------------------


Just remember_

-----------------------------------------------------------


Silver faithful taking $5.2 billion hit in crossfire

Investors expected silver to be one of the biggest gainers in 2013, instead it’s leading a retreat in commodities with a 28% plunge.
Related Stories




Author: Nicholas Larkin & Debarati Roy (Bloomberg)
Posted: Friday , 14 Jun 2013

(Bloomberg) -

Silver is punishing investors amid diminishing trust in precious metals as a store of wealth and concern that growth is weakening, with $5.2 billion erased from the value of their near-record holdings this year.

Investors expected silver to be one of the biggest gainers in 2013, with a 33 percent return, a Bloomberg survey in December showed. Instead it’s leading a retreat in commodities with a 28 percent plunge to $21.90 an ounce, on track for its worst performance since 1984. While the median prediction from 14 estimates compiled last week is for a rally to $23.50 by Dec. 31, that would still mean a 23 percent drop for the year.

[Keilfleckbarbe]

Antwort auf Beitrag Nr.: 44.852.251 von dosto am 14.06.13 17:28:37

Geld sollen sie aus der dem Verkauf der Unzen bekommen, weniger mit Bonds, Bin da negativ eingestellt, auch was den Vorausverkauf ganzer Produktionsjahre betrifft, nur um eine absurd teure Übernahme oder irgendwelche Nutten zu stemmen . Ne, da muss wieder mehr Substanz rein. Da müssen echt viele Miner und Abzocker weg vom Markt

[Keilfleckbarbe]

Antwort auf Beitrag Nr.: 44.852.251 von dosto am 14.06.13 17:28:37

Ja konkurs. Anders scheint es nicht zu gehen, Und dannd er rest wie Phönix aus der Asche

[Keilfleckbarbe]

Antwort auf Beitrag Nr.: 44.852.251 von dosto am 14.06.13 17:28:37

wenn ein Unternehmen kein Gewinn generiert, wie soll man da gegenüber den Aktionären rechtfertigen, dass die Arbeiten auf einmal fette Lohnzuwächse erhalten ? Fakt ist, der Mutterkonzern muss Gewinne generieren. Ist das nicht möglich, muss man Konsequenzen ziehen

[dosto]

oK;

DU WILLST bLUT SEHEN

open your account and I will make some damages.

Dann werden halt noch ein paar Milliarden Market Cap ins Nirwana fließen.
Irgendwie muß ja Geld vernichtet werden.

Bernie schafft das nicht alleine.

Also machen wir die Gold-und SilberMiner platt.

War aber mal von vielen anders angedacht.

nasowas.

[dosto]

Da geht-s lang


OTTAWA – Environment Canada is recommending that the Harper government toughen rules to prevent water pollution from industrial mines and that it expand federal monitoring to at least four new substances released from mining activity.

“These substances are harmful or potentially toxic, and in some cases potentially fatal to fish, and they are present in effluent from a wide range of metal mines,” says an internal Environment Canada discussion paper, circulated last December to representatives from industry, the provinces, First Nations and environmental groups.

The document was launching a review of existing regulations, which came into force in December 2002 and were designed to monitor pollution from mines that could get into water. The paper estimated that there were 105 existing metal mines in Canada in 2010, with about another 60 under review or proposed for operation in the future.

The four new substances, recommended for restrictions in the discussion paper, were aluminum, iron, selenium and ammonia.

An internal memo sent to Natural Resources Minister Joe Oliver about the Environment Department’s review noted that Canada had also received a warning from the United States about selenium, a pollutant associated with coal mines, getting into transboundary waterways.

“The U.S. Environmental Protection Agency has indicated that it will be taking a hard look at what Canada decides with respect to acceptable selenium levels in the upcoming review,” said the memo to Oliver, dated Sept. 10, 2012, from his deputy minister, Serge Dupont, and released through access to information legislation.

The Environment Canada discussion paper also recommended more “stringent” limits on the substances covered by the existing regulations and new restrictions on non-metal mines such as sites extracting diamond and coal.

An Environment Canada spokesman said Thursday that the department was reviewing the regulations in order to “update and strengthen” them as part of its regular due diligence.

“The regulations need to be updated to consider new substances of concern, new environmental effects information and advances in effluent treatment technologies,” said spokesman Mark Johnson.

A mining industry spokesman, Pierre Gratton, said his organization requested the government review so that member companies could have more certainty about their own operations in relation to the federal Fisheries Act, which is the main national law preventing water pollution in Canada.

“We certainly have some pretty serious concerns with some of the proposed limits, but they are a starting point and they have helped inform some new science that is being developed,” said Gratton, president and chief executive officer of the Mining Association of Canada. “We’re not opposed to regulations. In fact, regulations can often provide the certainty that industry needs to make decisions.”

He added that the industry association recommended the existing approach to the consultations, which includes the representatives from the other governments, environmental groups and First Nations. Provincial governments also have separate regulations for mining operations, he said.

But developing the regulations could take up to two years to sort out details on restrictions on substances, said Gratton, explaining that some substances could also be naturally occurring in the environment around mines.

“Keep in mind that reducing limits, as proposed here, could have huge implications for some mines,” said Gratton. “It could put some of them out of business. You can’t have that if the science that informs the needs for those proposed limits isn’t strong.”

Environment Canada said the consultation process was slated to last 12 to 18 months.

Ramsey Hart, the Canada program co-ordinator from MiningWatch, a non-profit group that monitors the mining industry, said his organization supported some of the government’s recommendations, while hoping that it would go further.

“The importance of aquatic ecosystems to humans goes beyond just whether you eat the fish,” said Hart in an interview. “You may be affecting the viability of the ecosystems to maintain their biodiversity and maintain their resilience in the face of other impacts such as climate change.”

In its 2012 budget, the Harper government announced $1 million in spending over two years to expand the regulations to non-metal, diamond and coal mines.

Although the Environment Canada document was distributed in December, the memo to the natural resources minister suggested it could have been released a few months earlier.

“Environment Canada (EC) anticipates the release of its discussion paper entitled 10-year Review of the Metal Mining Effluent Regulations in September 2012,” said the memo to Oliver. “Your colleague, the Honourable Peter Kent, Minister of the Environment, has not yet approved the paper for public consultation.”

Environment Canada released a copy of the discussion paper to Postmedia News on Thursday in response to a request on Monday, but was not immediately able to confirm whether it had originally anticipated releasing the document in September.






© Copyright (c) Postmedia News

Read more: http://www.canada.com/Environment+Canada+recommends+tougher+…

[Keilfleckbarbe]

Antwort auf Beitrag Nr.: 44.853.365 von dosto am 14.06.13 20:31:53

mir wurscht, die Schnlechten verschwinden, die die überleben machen hunderte % Kurssteigerungen. Die ganze Branche wird nie untergehen. Wäre genauso zu sagen, die Automobilindustrie oder die Banken werden plattgemacht.

[dosto]

Moody’s confidence in Ontario, Quebec debts is a risky call

In a review of Ontario and Quebec finances published Monday, Moody’s Investors Service has given the “okay” to the provinces with a stable rating of double-A-2, similar to the eastern provinces but below that of the western provinces. With direct and indirect debt now exceeding 200 per cent of revenues for both provinces, one cannot help but scratch the pointy forehead as to how Moody’s could come to a stable outlook.

Moody’s does have some good justifications for its argument. Despite direct and indirect debt totalling $247-billion in Ontario and $166-billion in Quebec, each of the provinces does have some important strengths to help withstand a financial downturn


Jack M. Mintz is the Palmer Chair of Public Policy, School of Public Policy, University of Calgary

[dosto]

Thousands of opponents of Newmont Mining's $5-billion (U.S.) gold project circled a lake high in the Andes on Monday, vowing to stop the company from eventually draining the lake to make way for Peru's most expensive mine.

[dosto]

Brazil economic growth disappoints again, despite stimulus

BRIAN WINTER AND SILVIO CASCIONE

SAO PAULO, BRAZIL — Reuters


Brazil’s economic growth fell short of forecasts once again in the first quarter as President Dilma Rousseff’s numerous stimulus packages failed to help manufacturers while consumers, frightened by rising inflation, grew more conservative.

Even a record corn and soy harvest and a rebound in investment were not enough to avoid disappointing gross-domestic-product growth of just 0.6 per cent compared with the fourth quarter, according to government data released on Wednesday

[dosto]

Indonesia became the first central bank in Asia to raise its policy interest rate since 2011, the strongest sign yet in regional emerging economies of the stress being wrought by the global markets rout.

The Indonesian central bank’s move was unexpected but followed a flurry of measures this week, including a pledge to supply U.S. dollars and buy government bonds, to defend the rupiah currency after it stumbled to a four-year low beyond 10,000 per dollar.

[dosto]

Indische Rupie auf Low zum Dollar.

[dosto]

10_YEAR
10 Year Treasury Note (ICAPSD)
Delayed quote data
6/19/2013 06:04 AM
hide quote detailed quote options chain chart help
Last:
2.193
Change:
arrow +0.001
Open:
2.191
High:
2.194
Low:
2.177
Volume:
n/a
Percent Change:
+0.05%
Yield:
n/a
P/E Ratio:
n/a
52 Week Range:
1.382 to 2.298

[dosto]

Switzerland’s lower house of parliament pushed back strongly Tuesday against a government proposal to end a bitter dispute with U.S. authorities over American tax cheats suspected of hiding money in the country’s banks.

The compromise legislation is at heart a debate over the Alpine nation’s vaunted banking secrecy which is now threatened by the U.S. crackdown on tax evaders.

But the odds are now increasing that the clock will run out on the bank and more U.S. criminal charges will be brought against Swiss banks.

Widmer-Schlumpf told lawmakers that the U.S. is planning to bring criminal charges against some Swiss banks and that without the legislation there is “real danger of an escalation” in the standoff between the two countries. More than a dozen Swiss banks are being investigated by U.S. authorities.

“Rejecting the bill will lead to a difficult situation, threatening the economy and undermining the reputation of Switzerland’s financial centre,” she warned.

[dosto]

Drohen bei Aussie-Papieren Währungsverluste?

[dosto]

Golden Star cuts production guidance, exploration and capex spending

Golden Star’s operational review process has included cost reduction measures, mine plan re-optimization and capital reallocation.
Author: Dorothy Kosich
Posted: Tuesday , 18 Jun 2013

RENO (MINEWEB) -

Ghanaian gold miner Golden Star has reduced its operating guidance from gold production of 320,000-350,000 ounces this year to a range of 290,000-310,000 ounces from its two operating mines in the Ashanti Gold Belt.

Cash operating costs are expected to remain between $1,050 and $1,150 per ounce for the balance of this year.

The company has suspended the Bogoso/Prestea mine’s non-refractory operations due to insufficient ore supply from the Pampe pit, which is expected to result in a reduction in this year’s production of 35,000 ounces of gold.

Golden Star’s year-to-date gold output as of June 12, 2013, is 154,000 gold ounces. “Production increases from the company’s lower cost Wassa [Wassa/HBB mine] operations at the Father Brown pit offset ounces lost at the recently suspended Pampe pit, the company said in a news release Monday.

Total gold production from both mines in 2012 totaled 331,278 ounces of gold.

Since the release of its first quarter 2013 financial and operating results, Golden Star’s management has completed a comprehensive review of the company’s operations. “After re-designing the pits to reflect lower gold prices, the company is confident that operations are viable in the current gold price environment and that existing cash and cash flow from operations can cover its sustaining capital requirements for 2013,” Golden Star announced.

Among the changes implemented in the operational review are capital budget reductions with the total capex planned by the company for this year expected to be US$74 million. Operating cost reduction initiatives for 2013 totaled $45 million including a 10% reduction in operating expenses. Exploration spend for the year has been reduced from $20 million to $16.5 million.

Meanwhile, pit pushbacks at both Bogoso North and Chujah are expected to lower the cost of mining operations in 2014. “Hence the Bogoso operations remain viable under current market conditions,” said the company.

Sam Coetzer, Golden Star CEO said,” For the balance of 2013, the focus is to strengthen Bogoso and create a lower-cost operation from mid-2014 onwards. The Chujah pit will be a significant contributor to the company once the pushback is completed over the next three quarters.”

“Both Chujah and Bogoso North have approximately two years of production in front and them and are anticipated to have a significantly improved cash flow profile,” Coetzer observed. “I am pleased to state that these cost-cutting initiatives allow us to continue to invest in these pushbacks.”

He noted that the Dumasi, Prestea South, Mampon, Chujah and Bogoso North pits have all been re-optimized at lower gold prices and the company is developing mining schedules which reflect current market conditions.

Masterpiece-or not?

Vor Ort auch Kinross, Newmont, Südafrikaner, Asanka

[dosto]

A gauge of consumer prices excluding food and energy that is watched by the Fed rose 1.1 percent in the year through April, matching the smallest gain since records started in 1960. With inflation below the Fed’s 2 percent long-run goal and the jobless rate at 7.6 percent, the Fed is falling short of its mandate to ensure stable prices and maximum employment.

[dosto]

10_YEAR
10 Year Treasury Note (ICAPSD)
Delayed quote data
6/20/2013 03:40 AM
hide quote detailed quote options chain chart help
Last:
2.375
Change:
arrow +0.01
Open:
2.363
High:
2.386
Low:
2.346
Volume:
n/a
Percent Change:
+0.42%
Yield:
n/a
P/E Ratio:
n/a
52 Week Range:
1.382 to 2.386


nunja das ist ein

23 Monats Hoch.

Wer sehen will-sieht-

[dosto]

Ein weiterer Stein in der Mauer



China short-term interbank rates hit record:report MarketWatch

Last Update: 6/20/2013 1:36:00 AM

HONG KONG (MarketWatch) -- Borrowing costs in China's interbank money markets surged on Thursday, with the rates on the overnight and seven-day repurchase agreements jumping to record highs, Reuters reported. The rate on the benchmark weighted-average seven-day repurchase, or repo, soared 3.80 percentage points to a record high of 12.06%, while the rate on the overnight repo rate spiked even more, by 5.98 percentage points to 13.85%, the report said. The People's Bank of China -- the country's central bank -- has said it won't be conducting any repo business in the regular open market operations on Thursday to ease the liquidity shortage, Reuters said. However, in an indication that liquidity is expected to improve significantly from mid-July, the rate on the 14-day repo fell 52 basis points to 7.41%, while that on the 21-day rate inched up 8 basis points to 7.59%, Reuters added.

[dosto]

Bonds Tumble With Stocks as Gold Drops in Rout on Fed
By Stephen Kirkland & Pratish Narayanan - Jun 20, 2013 2:40 PM GMT+0200



Bonds and stocks fell around the world, with shares in emerging markets sinking the most in 20 months, after the Federal Reserve said it may phase out stimulus and China’s cash crunch worsened. Gold led commodities lower.

The 10-year Treasury note yield climbed five basis points to 2.41 percent, the highest since October 2011, at 8:35 a.m. in New York after jumping 17 basis points yesterday, as borrowing costs surged from New Zealand to Germany. The MSCI All-Country World Index (MXWO) lost 1.3 percent and Standard & Poor’s 500 Index futures dropped 0.8 percent. Emerging-market assets fell with India’s rupee and Turkey’s lira weakening to records. The S&P GSCI gauge of raw materials slid 1.6 percent as gold sank below $1,300 an ounce for the first time since September 2010.

[dosto]

Und immer noch wird dem Hypothecken-Mann in den Usa entgegengekommen.
Er darf nicht wegbrechen, keinesfalls.




30-year mortgage rate declines to 3.93% MarketWatch

Last Update: 6/20/2013 10:00:00 AM

WASHINGTON (MarketWatch) -- After rising for six weeks, the 30-year fixed-rate mortgage declined to 3.93% in the week ending June 20 from 3.98% in the prior week, Freddie Mac said Thursday in its weekly report. A year ago, the 30-year rate averaged 3.66%. "Mortgage rates were relatively unchanged this week as market participants awaited the Federal Reserve's monetary policy announcement," said Frank Nothaft, Freddie Mac's chief economist. Meanwhile, the 15-year fixed-rate mortgage fell to 3.04% in the latest week from 3.10% in the prior week. The average rate on the 5-year Treasury-indexed hybrid adjustable-rate mortgage remained at 2.79%. And the 1-year Treasury-indexed ARM ticked down to 2.57% from 2.58%.



aber das sieht gut für ihn aus.

[dosto]

Wir erleben einen

Gold und Silber Crash

[dosto]

UBS Lowers Gold Forecasts, Sees Average 2013 Price At $1,440/Oz

[dosto]

Und heute wird der Markt besonders schön manipedikürt

[dosto]

dosto
schrieb am 09.01.12 16:03:09
Beitrag Nr.10
(42.569.047)
Antwort
Zitat
profile as of 1/6/2012
Description Value
Total Net Assets $8.994.813.810
Shares Outstanding 314.700.000
Sponsor's Fee 0,50%









Profile as of 6/20/2013
Description Value
Total Net Assets $6.494.900.101
Shares Outstanding 332.500.000
Sponsor's Fee 0,50%
Inception Date 4/21/2006
Ounces of Silver in Trust 320.990.547,500
Tonnes of Silver in Trust Tonnes of Silver in Trust

One metric tonne is equivalent to 1,000 kilograms or 32,150.7465 troy ounces.

[dosto]

SCHWEIZER BANKEN EIN PULVERFASS ?


ie Schweizerische Nationalbank (SNB) will mehr Licht in den Bankbilanzen. Insbesondere die internen Risikomodelle zur Berechnung der Eigenkapitalpolster, wie sie die beiden inländischen Großbanken UBS und Credit Suisse verwenden, müssten klarer aufgeschlüsselt werden. SNB-Präsident Thomas Jordan sprach auf der Halbjahrespressekonferenz in Bern von einem „Glaubwürdigkeitsproblem“ bei der Berechnung der risikogewichteten Aktiva (RWA).

Anknüpfend an Kritik auf der internationalen Ebene, sagte Jordan, die offenen Fragen müssten geklärt werden, ehe das Misstrauen gegen die bankeigenen Risikomodelle zu groß werde. Im Gegensatz zum sogenannten „Standardansatz“ bilden sie das Profil einer Bank besser ab. Außenstehende könnten aber unter Umständen die Widerstandskraft einer Bank in Krisenfällen wie bei der UBS im Jahr 2008 schwerer beurteilen. Zugleich würden Vergleiche mit anderen Instituten schwieriger, sagte SNB-Direktoriumsmitglied Jean-Pierre Danthine.
Das Unbehagen richtet sich gegen die Leverage Ratio

Die Nationalbank will darauf dringen, dass die Banken zum Beispiel ihre RWA auch nach dem Standardansatz publizieren. Falls die Unterschiede zu ihren eigenen Berechnungen zu groß sind, müssten weitere Maßnahmen wie Untergrenzen nach amerikanischem Vorbild für intern berechnete RWA ins Auge gefasst werden. Insgesamt bescheinigt die SNB den beiden Schweizer Großbanken gute Fortschritte in der Kapitalanreicherung, nachdem sie im Vorjahr die Credit Suisse (CS) in einem aufsehenerregenden Schritt gerügt hatte. Nun habe die CS im Vergleich der ersten Quartale ihre RWA-Kapitalquote (hartes Kernkapital nach Basel III und gewisse Pflichtwandelanleihen) von 5,2 auf 10 Prozent fast verdoppelt, die UBS von 7,5 auf 10,3 Prozent sichtbar verbessert. Damit könnten beide Institute die Quote von 13 Prozent schon bis Ende 2014 und nicht erst 2019 erreichen, wie in der Schweiz gefordert.

Das Unbehagen der SNB richtet sich mehr auf den Anteil des verlusttragenden Kapitals an der Bilanzsumme, die sogenannte Leverage Ratio, die immer wichtiger wird. Hier liege der aktuelle Wert für UBS und CS bei 2,3 Prozent. Das sei zu niedrig, vor allem im internationalen Vergleich, heißt es in dem Bericht.
Der boomende Immobilienmarkt bereitet der SNB Sorgen

In der Geldpolitik behält die Nationalbank den Franken-Mindestkurs von 1,20 zum Euro unverändert bei. Vor allem infolge der Eurokäufe saß die Notenbank Ende Mai auf Devisenreserven von 440 Milliarden Franken (357 Millionen Euro). In der Anlage dieser Mittel weitete sie den Aktienanteil im ersten Quartal weiter von 12 auf 15 Prozent aus, neu verbunden mit indexnahen Engagements auch in kleineren Unternehmen und weiteren Industriestaaten. Zugleich bleibt das Zinsband für den Dreimonats-Libor bei 0 bis 0,25 Prozent - dies nicht zuletzt auch deshalb, weil die Teuerung dieses Jahr bei einem erwarteten Wirtschaftswachstum von 1 bis 1,5 Prozent auf minus 0,3 Prozent veranschlagt wird. Nach der Ansicht von Jordan bedarf ein Abschied von der extrem lockeren Geldpolitik, wie er sich in den Vereinigten Staaten andeutet, einer sorgfältigen Kommunikation mit der Öffentlichkeit. „Ein Exit der SNB ist aber noch so weit entfernt, dass sich die Frage der Kommunikation vorerst überhaupt nicht stellt“, ergänzte er.


Große Sorgen bereitet der Nationalbank der nach wie vor boomende Immobilienmarkt in der Schweiz. Daran hat auch die Ankündigung eines „antizyklischen Kapitalpuffers“ nichts geändert, mit dem die Banken bis September ihre Hypothekenkredite mit zusätzlichem Kapital unterlegen müssen. Die Risikobereitschaft der Banken bei der Kreditvergabe sei bisher nicht gesunken, stellt Direktoriumsmitglied Danthine fest. Weiterhin würden viele Hypotheken mit einem Belehnungsgrad von mehr als 80 Prozent vergeben. Als Folge davon prüft die Nationalbank schon jetzt eine Verschärfung des neu eingeführten Kapitalpuffers.

Quelle: F.A.Z.

[dosto]

Der Kampf oder Krampf

der Gold und Silberminer
um ihre Hedgepositionen September

beginnt.

Viel Spaß wird man haben

Und eingie werden ratlos fragen, was ist denn an diesem Markt los.

Es geht um Geld ,um sehr viel Geld, wenn sich einige Companies
verspekuliert haben.

Aufschluss wird das 3 oder gar erst das 4 Quartal geben.
In jedenfall zerbricht Glas und Geld rennt dahin.
Nur für wen?

[dosto]

30_YEAR
30 Year Treasury Bond (ICAPSD)
Delayed quote data
8/22/2013 10:03 AM
hide quote detailed quote options chain chart help
Last:
3.892 %

noch schlappe 15 Punkte und die 4 % stehen.

Erst Anreize seine 2.000.000 Dollar für 80,000 Dollar Zinsen per
Anno in den Markt zu stellen

[dosto]

10_YEAR
10 Year Treasury Note (ICAPSD)
Delayed quote data
8/22/2013 10:07 AM
hide quote detailed quote options chain chart help
Last:
2.89


hier wir demnächst auch die
3 stehen.

Und sollte der kurzfristige Markt aufbrechen, ja was dann,

Dann muß man Gold haben-oder nicht

[dosto]

Diese Woche

Dollarhöchsstände gegen
den

Brazil Real

[dosto]

Augusthöchst-Stand

gegen

Aussi Dollar

über 10 % plus

[dosto]

% % Gewinn gegen den Can-Dollar

seit Mai

[dosto]

16 %

Dollarplus
gegen die Indisache Rupie.

Ich mache mir Sorgen über die Ölrechnungen der Inder.

Wenn das keine Inflation stellt, was dann !

[dosto]

1ß % Dollarseigerung
gegen die Türkische Lira
seit Mai.

Dieses Land Exportiert Gold importiert jedoch Bassis-RRohstoffe
aller Art.

Zieht euch warm an am Bosporus, die Party ist vorbei.

[dosto]

über den Südafrika Rand

reden wir besser nicht.
Vielleicht ist das Land aber ein Olimpoteur. Wer weiß

[dosto]

auch Rusland zieht den kürzeren gegen den Dollar

seit März

10 % mehr sind an der Wolga zu blechen

pascholl Rubel

[dosto]

Brauche Hilfe.

kann mir einer die genaue Vorgehensweise zum copieren von

Bigcharts-Bildern (um sie in den Zhread zu stellen )
geben.

step by step

[dosto]

3_YEAR
3 Year Treasury Note (ICAPSD)
Delayed quote data
8/23/2013 06:33 AM
hide quote detailed quote options chain chart help
Last:
0.833


25 Monats Hoch

[dosto]

DE:5YR_GER
DE 5Y Govt Bond Benchmark (ICAPSD)
Delayed quote data
8/23/2013 08:42 AM
hide quote detailed quote options chain chart help
Last:
0.9283 %

270 % plus in 4 Monaten.

[dosto]

[img]http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

[ligand]

Zitat von dosto: Brauche Hilfe.

kann mir einer die genaue Vorgehensweise zum copieren von

Bigcharts-Bildern (um sie in den Zhread zu stellen )
geben.

step by step

1. Den chart bei bigcharts mit der re. Maustast klicken.
2. Menü erscheint, hier "Grafikadresse kopieren" klicken.
3. Auf w:o gehen, dort auf Beitrag schreiben gehen (am besten als "Antwort erstellen" auf irgendwas).
4. Auf der linken Seite unter den smilies, unter Einbettungen auf "Bild" klicken.
5. dann sofort ohne weiteres Rumgeklicke zwischen img/img, dort wo auch der cursor blinkt mit STRG/v das bild einfügen.

Endlich bist wieder da, Altmeister des Kontrapunkts.

[dosto]

Antwort auf Beitrag Nr.: 45.314.453 von ligand am 23.08.13 20:24:49

Diue Firma dankt

und revanchiert sich

[dosto]

Endlich bist wieder da, Altmeister des Kontrapunkts.

Das ist gut.

Als Vergleich, wenn man heute in die Bords schaut feiern sich die
abgesoffenen schon wieder als Sieger.

Sie rechnen die 50-100 % plus der letzten Tage als Gewinn.

Jedoch die Mathe sagt.

Verlust seit
5 Dollar 80 %

gleich 1 Dollar

plus 100 % drauf macht 2 Dollar.

und alles ist paletti, man kann die 5 vergessen.
Manche halten die Umwelt für total plemplem.

[ligand]

Antwort auf Beitrag Nr.: 45.315.135 von dosto am 23.08.13 22:01:35

Kopfrechnen schwach, Religion sehr gut

ist das Motto hier bei den Goldjüngern

[bonDiacomova]

Antwort auf Beitrag Nr.: 45.314.453 von ligand am 23.08.13 20:24:49

habe ueber diesen zeilen
[img*]http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…
den chart richtig eingefuegt - soll heissen - natuerlich ohne sterne
und man sieht nichts - warum
weil bigchart die bild darstell verlinkung der charts - einbettung bild
durch eine funktion nicht mehr zulaesst


anschauen nur so moeglich - einbettung link
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

un saludo

[ligand]

Antwort auf Beitrag Nr.: 45.316.019 von bonDiacomova am 24.08.13 06:07:44

Hi

ich habs direkt bevor ich es schrieb ausprobiert mit dem DJ chart auf der startseite von bigcharts, und da ging es.

gibt ja noch charts sonstwo, wo es klappen sollte.

[dosto]

Antwort auf Beitrag Nr.: 45.316.019 von bonDiacomova am 24.08.13 06:07:44

ok-

das Linken ist auch ne Möglichkeit.

Hauptsache es wird visuell nachvollziehbar sein, zwecks der Wirkung.

[dosto]

Antwort auf Beitrag Nr.: 45.315.733 von ligand am 23.08.13 23:54:23

Naja,

nicht alle,

Gold ist ja im Prinzip ein eletäres Metall.
Man darf sich doch nicht hier bei W.0: VON EINIGEN BLUFFEN LASSEN:

Im Gold sind in der Hauptsache die Superreichen, denen ist es sogar egal
ob es was Wert ist.

Das mit Indien mit dem Goldbauern ist ja etwas weit hergeholt.
Die First Class in der Klassengesellschaft hat das Zeug.
Die Leben aber in London und New York und nicht im Schmutz von Dehli und
Mumbai.

[dosto]

Ja,
stellt sich demnächst die Frage,

werden die mittelfristen und langfristigen Zinsen (die Onkel Ben
nur sehr begrenzt beeinflussen kann)

zur Konkurrenz von Aktien und Metallen?

Das Thema wird sehr schnell aufs Trapez kommen.

Ausgang wird beobachtet und erörtert.

[dosto]

Der Bombay-SENSEX

im Crash -Modus?

wie schnell geht es auf 15.000

[dosto]

Indische Rupie im Crash Modus.

Innerhalb 2 Jahren ein Verfall von 45 %%

Jährlicher Verfall der Rupe ist gerade so bei 25 % pro Jahr.

[dosto]

http://www.onvista.de/devisen/snapshot.html?ID_CURRENCY_FROM…

[dosto]

http://www.onvista.de/index/Sensex-Index-8313421?ID_NOTATION…

[dosto]

http://www.onvista.de/devisen/snapshot.html

[dosto]

Gold, silver threads lose glitter as India's festival season heats up

Bullion houses across India reported a 70% drop in sales of gold and silver rakhis (bracelets), normally the most sought after pieces during the Raksha Bandhan festival.
Author: Shivom Seth
Posted: Friday , 23 Aug 2013

MUMBAI (MINEWEB) -

India's festival of Rakhsa Bandhan, which celebrates the bond of love between brothers and sisters, though celebrated with much fervour across the country, did not have the omnipresent 'bling' bands attached to it this year. With the price of gold soaring to giddy heights, gold rakhis were out of favour this time, with retailers recording a drop of almost 70% in sales as compared to last year.

Rakhsa Bandhan celebrates the bond of love between siblings, with the sister tying a holy thread around the wrist of the brother. The thread, which denotes a bond of protection, has over the years metamorphosed into a slim gold or silver bracelet , or even a gold ornament embedded on a religious red
thread.

However, with the price of the precious metal soaring to giddy heights in the last couple of days, few opted to tie its bullion variant around their brothers' wrists. These rakhis have religious symbols or figures like `Om', `Shree', or the elephant-headed God Ganpati and Goddess Laxmi embossed on them, and cost anywhere from $62.13 (Rs 4,000) to $233 (Rs 15,000).

"Gold and silver rakhis studded with precious stones and semi-precious gems were the norm for the last couple of years,'' said Rajesh Manjhira, bullion trader. ``Though it is a wonderful way to celebrate the sentimental and eternal occasion of Raksha Bandhan, the fact that these can last a lifetime and are not just jewellery pieces was what added to their appeal. However, this year, there has been a significant drop in sales,'' he added.

Most retailers reported regular sales of gold or silver coins in the middle on a nylon or silk "thread. Earlier, rakhis with gold flowers or silver deities were a great attraction.

"Rakhis with one or two gram silver coins were the most popular among buyers.
Very few people bought a gold rakhi this year from our store. We have seen a major slump in sales,'' said Nanasen Jha, bullion trader.

"The rush for gold on Raksha Bandhan is less this year. Not many customers are flocking to our jewellery stores,'' added Haresh Goyal, gold jewellery retailer.

Though innovative shopkeepers have tried to lure customers with silver rakhis, since the sale of gold rakhi bracelets was expected to be very low, it has not succeeded with the masses. ``Compared to last year, sales have gone down by 70%.
We have realised that even brothers are not buying any gold items as gifts this season,'' said Joy Aggarwal, bullion retailer.

"The high prices have deterred both men and women from buying gold,'' said Aggarwal.

[dosto]

Wann werden

Indien-Bonds

auf Ramsch-Status gestellt

[dosto]

nun die Schlagzeile-anywhere-

India’s Rupee Plummets Past 68 to Record; Stocks, Bonds Tumble

[dosto]

India’s Rupee Plummets Past 68 to Record; Stocks, Bonds Tumble
By Jeanette Rodrigues, Santanu Chakraborty & Shikhar Balwani - Aug 28, 2013 7:06 AM GMT+0200



India’s rupee plummeted more than 3 percent to a record on concern a surge in oil prices will worsen the current account and push the economy toward its biggest crisis in more than two decades. Stocks and bonds plunged.

The U.S., France and the U.K. are considering limited military action against Syria after concluding the regime used chemical weapons against civilians, fanning concern unrest will disrupt Middle East oil supplies. The tension has worsened a rout that’s seen global funds pull $8.7 billion from local debt since end-May on bets the Federal Reserve will pare stimulus. An 8.7 percent jump in Brent crude this month is set to boost costs for India, which imports almost 80 percent of its oil.
Enlarge image India’s Rupee Plummets Past 68 to Record; Stocks, Bonds Tumble


.”

The rupee slumped 3.7 percent to 68.7350 per dollar as of 10:33 a.m. in Mumbai, according to prices from local banks compiled by Bloomberg. The currency, which dropped to an unprecedented 68.755 earlier, fell 2.9 percent yesterday. It has lost 13.6 percent this quarter and 20 percent this year, headed for the worst annual loss since a balance of payments crisis in 1991 forced the nation to pawn gold to pay for imports.

The yield on the benchmark 7.16 percent government bonds due May 2023 jumped 16 basis points, or 0.16 percentage point, to 9.02 percent, according to the central bank’s trading system. The rate surged 52 basis points yesterday. The S&P BSE Sensex (SENSEX) of local shares slid 2.6 percent to 17,506.27 today.

[dosto]

AktienmarktFür Indiens Börsen geht es abwärts
Quelle: Handelsblatt Online

Immer mehr Investoren verkaufen indische Aktien. Gleichzeitig verliert auch Indiens Währung immer mehr an Wert. Schuld sind unter anderem die Spannungen in Syrien. Sie treiben den Kapitalabfluss immer schneller voran.
Die indische Rupie befindet sich derzeit auf einem Rekordtief. So lange sich an der unsicheren Situation rund um Syrien nichts ändert, sieht es weiter schlecht für Indiens Finanzmarkt aus. Quelle: dpa
Die indische Rupie befindet sich derzeit auf einem Rekordtief. So lange sich an der unsicheren Situation rund um Syrien nichts ändert, sieht es weiter schlecht für Indiens Finanzmarkt aus. Quelle: dpa

FrankfurtSpekulationen auf den Rückzug weiterer ausländischer Investoren von den indischen Finanzmärkten haben die Börsen des Landes am Mittwoch weiter ins Minus gedrückt. Am Aktienmarkt verloren der Leitindex BSE und der breiter gefasste NSE jeweils drei Prozent und markierten mit 17.448,71 und 5118,85 Punkten jeweils auf dem niedrigsten Stand seit knapp einem Jahr. Parallel dazu fiel die Währung des Landes auf ein neues Rekordtief. Ein Dollar verteuerte sich auf bis zu 68,75 Rupien.

In den vergangenen Tagen hätten ausländische Investoren indische Aktien im Volumen von einer knappen Milliarde Dollar verkauft, sagten Börsianer. Angesichts der hohen Verunsicherung unter anderem wegen der Spannungen in Syrien könnte sich der Kapitalabfluss beschleunigen.


Syrien hat damit wenig zun , dafür hat Indien umsomehr mit Indien zu tun.

[dosto]

Türkische Lira unter Abwertungsdruck
27.08.2013, 22:03 Uhr





London/IstanbulEine Schwalbe macht noch keinen Sommer und eine Zinserhöhung noch keine nachhaltige Erholung der türkischen Lira. Nur wenn weitere Schritte folgten, könne sie sich dem Abwertungsdruck, unter dem andere Schwellenländer-Währungen leiden, auch weiterhin entziehen, sagt Ibrahim Aksoy, Volkswirt von Seker Securities.



Aus Furcht vor einer nachlassenden Flut billigen US-Notenbankgeldes haben sich in den vergangenen Wochen zahlreiche Anleger aus Rupie, Real & Co. zurückgezogen. Besonders hart traf es dabei Staaten mit einem hohen Leistungsbilanzdefizit. In dessen Berechnung fließen Im- und Exporte von Waren, Dienstleistungen und Kapital ein. Bei anhaltend hohen Leistungsbilanzdefiziten besteht die Gefahr, dass die Devisenreserven eines Landes nicht mehr ausreichen, um Importe wichtiger Rohstoffe oder Konsumgüter zu finanzieren.




Fed-Geldpolitik sorgt für Turbulenzen in Schwellenländern

Indien, Indonesien, Südafrika oder Brasilien, deren Währungen Investoren zuletzt in hohem Bogen aus ihren Depots geworfen haben, verbuchen Leistungsbilanzdefizite zwischen drei und 6,5 Prozent. Die Türkei spielt mit einem Minus von sieben Prozent in derselben Liga.




Die Lira fiel zwar am Donnerstag auf ein Rekordtief zum Dollar, mit einem Minus von etwa drei Prozent ist der Kursverlust der vergangenen drei Wochen aber gerade einmal halb so hoch wie derjenige der anderen Währungen. Das könne sich aber schnell ändern, warnt Claire Dissaux, Chef-Analystin und -Strategin bei Millenium Global Investments. „Ein Realzins von 125 Basispunkten ist zu gering, um das Risiko, die Währung eines Landes mit einem so hohen Leistungsbilanzdefizit zu halten, zu rechtfertigen.“ Der Realzins ist die Differenz zwischen dem Leitzins und der Inflationsrate. Mit aktuell 7,75 Prozent liegt der Schlüsselsatz derzeit 1,25 Prozentpunkte über der Teuerungsrate. Zum Vergleich: In Staaten wie Indonesien oder Brasilien liegt der Realzins bei 300 beziehungsweise 600 Basispunkten.


dazu gibts nix hinzuzufügen

gesamter Artikel
http://www.handelsblatt.com/finanzen/rohstoffe-devisen/devis…

[dosto]

India
India's Rupee Keeps Falling and the Trade Deficit Keeps Widening
By Bruce Einhorn August 27, 2013
India's Rupee Keeps Falling and the Trade Deficit Keeps Widening



It’s standard macro-economics: When a country’s currency declines, its exporters should soon get a boost as the lower currency makes their goods more competitive. By that rule, India should be enjoying an export boom. Since the start of May, the currency has dropped 23 percent, making it one of the world’s worst performers. Sure enough, exports did go up in July, rising 11.6 percent year-on-year, the best increase in more than 12 months.

Consumers worldwide shouldn’t expect to see a surge in Made-in-India products in the coming months, however. The July increase comes after a period of weakness: India’s exports dropped 1.8 percent in the 2012-13 fiscal year. And while the currency has been steadily weakening for two years, the decline of the rupee hasn’t helped narrow India’s current-account deficit. Instead, the trade gap has just gotten bigger, hitting 9 percent of gross domestic product in the first quarter. “The sustained and large depreciation of the [rupee] since mid-2011 does not appear to have had any near-term impact on the current-account deficit,” Mumbai-based Goldman Sachs economist Tushar Poddar wrote in a report published on Aug. 26. Chances of a short-term rebound driven by a weaker currency are “doubtful,” he added.

One culprit is rising prices inside India, with the consumer price index jumping 9.6 percent in July. India’s high inflation undercuts the competitiveness gains from depreciation, says Indranil Pan, chief economist at Kotak Mahindra Bank in Mumbai. “Exports are unlikely to get any significant boost,” he says. “Any benefit [from the weak rupee] will be offset by the fact that there is a huge inflation problem in India, and the cost of manufacturing is very high for local companies.” Rising costs of raw materials are making business challenging for Rajesh Mehta, chairman of Rajesh Exports, a Bangalore-based producer of gold and diamond jewelry. “There is no big benefit for exporters,” he says. “A stronger and a stable currency is always better for businesses.”


For Indian exports to boom, local exporters need trading partners with healthy economies. There aren’t many of those around, making an export-led recovery difficult, according to Raghuram Rajan, the chief economic adviser who in September will take over as the country’s central bank governor. “The whole world is in a slow-growth phase, and it is going to be hard to increase market share in this environment,” Rajan told Bloomberg Businessweek in a March interview. “It is harder than in normal times.”

India’s structural problems also make it harder for local exporters to cash in on the weak rupee. Although information technology outsourcers such as Tata Consultancy Services (TCS:IN) and Infosys (INFY) have grown, thanks to low-cost workers in Bangalore and other Indian cities, the country’s manufacturers have suffered from India’s sorry history of underinvesting in ports, roads and other infrastructure. The “infrastructure deficit,” says Moody’s Investors Services sovereign analyst Atsi Sheth, “lowers growth potential and discourages foreign direct investment.” That’s one reason India, unlike China and other Asian neighbors, is not a big exporter of computers, consumer electronics, toys, or sporting goods.

There are grounds for optimism. The government is aware of the structural problems and wants to make large investments to improve infrastructure in a manufacturing “industrial corridor” between Delhi and Mumbai. Higher costs in China, meanwhile, are leading some labor-intensive manufacturers to look for alternatives in Asia, creating “a huge opportunity for India,” says Said S. Gopalakrishnan, president of the Confederation of Indian Industry. To take advantage of the opening, he says, India needs to revise rules that make it difficult for large employers to hire and fire workers. “Labor regulations must be placed back on the table for mass manufacturing,” he says.


With national elections due next year, though, such politically charged reforms are unlikely. Instead, Prime Minister Manmohan Singh and the ruling Congress Party are focusing on ways to win over voters in the countryside. The government won a victory on Aug. 26 with the lower house of Parliament approving a plan to provide subsidized grain to two-thirds of India’s 1.2 billion people. That might help Congress stay in power next year, but it also increases concerns that the government is backtracking on promises to cut the budget deficit. Over the past five months, there have been “clear signs of a reversal” in India’s austerity program, DBS warned in an Aug. 27 note, with second-quarter expenditures up more than 28 percent year on year, compared to a budgeted 16.4 percent increas

[dosto]

Moskau/FrankfurtRussland hat ohne Erfolg versucht, sich frisches Geld an den Finanzmärkten zu besorgen. Eine Auktion von Zehnjahrespapieren sei verschoben worden, weil es nur einen einzigen Bieter gegeben habe, teilte das Finanzministerium am Mittwoch mit. Eigentlich hatte die Versteigerung 12,6 Milliarden Rubel (derzeit rund 285 Millionen Euro) in die Kasse spülen sollen. Die Anleihen waren zu einem Zins zwischen 7,7 und 7,75 Prozent angeboten worden.

[dosto]

India has the world's third largest current account deficit (CAD), which is approaching nearly $90 billion, driven in large part by a huge appetite for gold imports.


Yep,

wer leiht Indien noch Geld.
Und muß die Zentralbank irgenwann mal verkaufen.

[dosto]

schaun wir auf die Goldabgewandte Seite:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…


http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

[dosto]

der erst Link ist Stuß

dafür


http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

[dosto]

Langläufer an denen Ben nicht viel drehen kann

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

[dosto]

http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=CA%3aOCO&uf=0&type=2&size=3&sid=8111011&style=320&freq=2&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=9&rand=1800241163&compidx=NASDAQ&ma=0&maval=9&lf=1&lf2=0&lf3=0&height=510&width=720&mocktick=1

[dosto]

Endeavour Silver Reports Fatality At Guanacevi Mine

Tuesday September 3, 2013 4:17 PM

Endeavour Silver Corp. (NYSE:EXK)(TSX:EDR) announced Tuesday that one of its mine workers died over Labor Day weekend. The accident took place at its Guanacevi mine in Durango State, Mexico this past Sunday. “The accident occurred on September 1 and was the result of a rock fall underground near a pump station at Porvenir Cuatro. This area remains closed while the Company and the Mexican authorities complete a full investigation. Other areas remain open and production has not been affected,” the company said in a statement. About Endeavour Silver - Endeavour is a mid-tier silver mining company focused on growing its profits, production, reserves and resources in Mexico.

[dosto]

Endeauvour ist ein Silver-Bug Liebling,

weshalb ist mir bisher schleicherhaft,

seit 5 Quartalen schaffen sie keinen Cash Flow
http://www.marketwatch.com/investing/stock/EXK/financials/ca…

[dosto]

Cash Flow -Sicht von First Majestic

http://www.marketwatch.com/investing/Stock/AG/financials/cas…

[dosto]

http://www.onvista.de/devisen/snapshot.html

[dosto]

http://x.onvista.de/typ3.chart?LEGEND=1&TIME_SPAN=1Y&GRANULA…

[dosto]

Gold-Average 2. Quartal

1.413

[dosto]

Korrektur

Silber-Avr

23,10

[dosto]

so Leut für wirklich Reiche Leute beginnt DER Markt nun interessant zu werden.

Er tritt nunmehr in Kukurrenz zu anderen Märkten,
bisher war er jahrelang
weg vom Fenster
jetzt ist er wieder da.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

[dosto]

Into the deep blue

Sep 10 2013 11:52AM NY Time
Bid/Ask 23.00 23.10
Low/High 22.74 23.55
Change -0.72 -3.01%
30DayChg +2.45 +11.89%
1YearChg -10.34 -31.01%

[dosto]

Mali's new government to review mining contracts: minister




By Tiemoko Diallo

BAMAKO (Reuters) - Mali's new government will carry out a "complete inventory" of existing mining contracts and stands ready to renegotiate any which are not in the West African country's interests, the new mining minister told Reuters on Tuesday.

A new government tasked with restoring economic growth and stamping out corruption took office this week in Mali, sub-Saharan Africa's third-largest gold producer, after President Ibrahim Boubacar Keita swept to victory in polls last month.

"The government has decided to carry out a complete inventory of what exists - mining contracts, titles, licenses - be it in the mining or the oil sector," Mines Minister Boubou Cisse said in a brief interview after taking office.

"If there are contracts which it is necessary to revise in the interests of Mali, we will start negotiations with the partners in question," he said.

Cisse, a 39-year-old former World Bank economist, said the inventory would be conducted under complete transparency and its results would be made available to the public.

Mali produces around 50 tonnes a year of gold. Randgold Resources and Anglogold Ashanti are among the international companies operating there.

Cisse said his ministry aimed to increase the contribution of the mining sector in the national economy from around 8 percent at present to 15 to 20 percent in the long term.

[dosto]

Mining companies balk at Mexico's proposed royalty plan

http://www.reuters.com/article/2013/09/10/mexico-reforms-min…

[dosto]

Sep 11/13 Sep 10/13 Wexford Capital LP Control or Direction Convertible Debentures 38 - Redemption, retraction, cancellation, repurchase -$3,000,000
Sep 11/13 Sep 10/13 Wexford Capital LP Control or Direction Convertible Debentures 38 - Redemption, retraction, cancellation, repurchase -$750,000
Sep 10/13 Sep 5/13 Inwentash, Sheldon Control or Direction Warrants 55 - Expiration of warrants -500,000 $0.400
Sep 10/13 Sep 5/13 Pinetree Capital Ltd. Indirect Ownership Warrants 55 - Expiration of warrants -500,000 $0.400

Oroco-Resources

[dosto]

September 13, 2013 Noka Resources Inc NX $784,299.00 Closed
September 13, 2013 Terra Firma Resources Inc TFR $286,352.00 Closed
September 12, 2013 Salazar Resources Ltd SRL $562,118.92 Closed
September 12, 2013 Duran Ventures Inc DRV $216,099.99 Closed
September 12, 2013 Quaterra Resources Inc QTA $3,083,248.30 Closed
September 12, 2013 San Gold Resources Corp SGR $4,000,000.00 Closed
September 12, 2013 Ginguro Exploration Inc GEG $1,300,000.00 Closed
September 12, 2013 Ginguro Exploration Inc GEG $1,000,000.05 Closed
September 12, 2013 El Nino Ventures Inc ELN $54,000.00 Closed
September 12, 2013 Avrupa Minerals Ltd AVU $600,000.00 Amendment
September 12, 2013 Lucky Strike Resources Ltd LKY $250,000.00 Closed
September 12, 2013 Alderon Iron Ore Corp ADV $1,034,300,000.00 Proposed
September 12, 2013 Aureus Mining Inc AUE $91,018,400.00 Proposed
September 12, 2013 Ecuador Gold & Copper Corp EGX $927,303.73 Closed
September 12, 2013 Canada Zinc Metals Corp CZX $500,000.00 Closed
September 12, 2013 PacificOre Mining Corp PC $600,000.00 Proposed
September 12, 2013 Big North Graphite Corp NRT $200,000.03 Closed
September 11, 2013 Cuervo Resources Corp FE $81,000.00 Closed
September 11, 2013 Netco Silver Inc NEI $500,000.00 Amendment
September 11, 2013 Alexandria Minerals Corp AZX $350,000.00 Closed
September 11, 2013 St. Elias Mines Ltd SLI $500,000.00 Proposed
September 11, 2013 Aurcana Corp AUN $5,000,000.00 Closed
September 11, 2013 Barkerville Gold Mines Ltd BGM $1,500,000.00 Closed
September 10, 2013 Mammoth Resources Corp MTH $105,000.00 Amendment
September 10, 2013 Klondike Silver Corp KS $750,000.00 Amendment
September 10, 2013 BC Gold Corp BCG $297,500.00 Closed
September 10, 2013 Satori Resources Inc BUD $155,000.00 Closed
September 10, 2013 Discovery Harbour Resources Corp DHR $1,221,700.00 Closed
September 10, 2013 Timberline Resources Corp TBR $1,000,000.00 Closed
September 10, 2013 Orex Ventures Inc REX $2,057,150.00 Closed
September 10, 2013 Aston Bay Holdings Ltd BAY $300,000.00 Proposed
September 10, 2013 Taranis Resources Inc TRO $500,000.00 Proposed
September 10, 2013 Citadel Gold Mines Inc CGM $793,000.00 Closed
September 10, 2013 i-minerals inc IMA $227,734.10 Closed
September 10, 2013 Atna Resources Ltd ATN $5,824,000.00 Proposed
September 10, 2013 Lucky Strike Resources Ltd LKY $200,000.00 Closed
September 10, 2013 Gold Jubilee Capital Corp GJB $200,000.00 Proposed
September 10, 2013 Nouveau Monde Mining Enterprises Inc NOU $321,575.36 Closed
September 9, 2013 Sierra Iron Ore Corp NAA $510,000.00 Closed
September 9, 2013 Mawson Resources Ltd MAW $1,635,300.00 Closed
September 9, 2013 Majescor Resources Inc MJX $75,000.00 Closed
September 9, 2013 Forum Uranium Corp FDC $2,593,219.74 Closed
September 9, 2013 Banks Island Gold Ltd BOZ $4,000,000.25 Proposed
September 9, 2013 Bayswater Uranium Corp BYU $252,000.00 Proposed
September 9, 2013 Melkior Resources Inc MKR $750,000.00 Proposed
September 9, 2013 Legend Gold Corp LGN $6,298,119.90 Closed
September 9, 2013 Khan Resources Inc KRI $1,190,000.00 Proposed
September 9, 2013 Rio Novo Gold Inc RN $261,953.78 Closed
September 9, 2013 Rio Novo Gold Inc RN $260,350.00 Closed
September 6, 2013 Castle Mountain Mining Co Ltd CMM $350,000.00 Closed
September 6, 2013 Uranerz Energy Corp URZ $10,498,673.25 Closed
September 6, 2013 Cascadero Copper Corp CCD $499,999.98 Canceled
September 6, 2013 Pretium Resources Inc PVG $9,999,993.30 Closed
September 6, 2013 Klondike Gold Corp KG $550,000.00 Proposed
September 5, 2013 Northaven Resources Corp NTV $373,333.35 Closed
September 5, 2013 Highbank Resources Ltd HBK $32,000.00 Closed
September 5, 2013 Dios Exploration Inc DOS $150,000.00 Amendment
September 5, 2013 Caza Gold Corp CZY $120,000.00 Closed
September 5, 2013 Carpathian Gold Inc CPN $11,322,999.94 Closed
September 5, 2013 Anconia Resources Corp ARA $555,788.00 Closed
September 5, 2013 Abcourt Mines Inc ABI $48,060.00 Closed
September 5, 2013 Pretium Resources Inc PVG $15,150,000.00 Closed
September 5, 2013 Goldstar Minerals Inc GDM $1,500,000.00 Proposed
September 5, 2013 Spanish Mountain Gold Ltd SPA $3,000,000.00 Proposed
September 5, 2013 Thundermin Resources Inc THR $220,000.00 Proposed
September 5, 2013 Mountainstar Gold Inc MSX $150,000.00 Proposed
September 5, 2013 Sniper Resources Ltd SIP $88,500.00 Closed
September 5, 2013 Kaminak Gold Corp KAM $2,500,000.05 Proposed
September 5, 2013 Brigadier Gold Ltd BRG $230,000.00 Closed
September 5, 2013 El Tigre Silver Corp ELS $1,500,000.00 Proposed
September 5, 2013 Altair Ventures Inc AVX $300,000.00 Closed
September 5, 2013 Channel Resources Ltd CHU $1,482,546.80 Closed
September 5, 2013 Latin American Minerals Inc LAT $159,000.00 Closed
September 4, 2013 Britannica Resources Corp BRR $75,500.00 Closed
September 4, 2013 Integra Gold Corp ICG $856,714.95 Closed
September 4, 2013 Mag Copper Ltd QUE $290,500.00 Closed
September 4, 2013 Advance Gold Corp AAX $30,000.00 Closed
September 4, 2013 Graphite One Resources Inc GPH $790,360.00 Closed
September 4, 2013 Prospero Silver Corp PSL $250,000.00 Proposed
September 4, 2013 Saturn Minerals Inc SMI $400,000.00 Proposed
September 4, 2013 First Mexican Gold Corp FMG $55,000.00 Closed
September 4, 2013 Callinex Mines Inc CNX $550,000.15 Proposed
September 4, 2013 Augusta Resource Corp AZC $2,000,000.00 Closed
September 4, 2013 African Gold Group Inc AGG $1,500,019.92 Closed
September 3, 2013 Gold Reach Resources Ltd GRV $275,000.00 Closed
September 3, 2013 New Destiny Mining Corp NED $100,000.00 Closed
September 3, 2013 Cameo Resources Corp CRU $408,999.92 Closed
September 3, 2013 First Mexican Gold Corp FMG $57,999.97 Closed
September 3, 2013 Declan Resources Inc LAN $750,000.00 Proposed
September 3, 2013 Nickel North Exploration Corp NNX $500,000.00 Closed
September 3, 2013 Entourage Metals Ltd EMT $300,000.00 Proposed
September 3, 2013 Santa Fe Metals Corp SFM $89,999.76 Closed
September 3, 2013 Santa Fe Metals Corp SFM $234,034.60 Closed
September 3, 2013 Menika Mining Ltd MML $57,500.00 Closed

[Boersenkrieger]

Antwort auf Beitrag Nr.: 45.452.061 von dosto am 15.09.13 14:48:49

ach dosto...

du brauchst doch keinem erzählen dass explorer verwässern ohne ende.
das taten sie vor 50 jahren auch.
das ist ihr geschäft. kapital besorgen und es mit guten drills oder peas zu einem mehrwert des unternehmens umzuwandeln.
der mehrwert ist aber im gegensatz zu unternehmen die etwas verkaufen nicht der den der kunde zahlt, sondern der den der aktionär dem kurs beimisst.

die abhängigkeit ist nicht so unterschiedlich zu normalen unternehmen.
wenn keiner mehr für ein smartphone als 50 € zahlen will dann wird eben keins mehr verkauft bis es von den kosten machbar wäre.

alles ein fortwährender zyklus und wenn es keine explorationsunternehmen geben würde, gäb´s später auch nichts ausser wald, wasser und bäumen.

es geht doch darum ob der markt zu wenig bezahlt oder zu viel derzeit.

nimm von mir aus mal Prophecy Platinum. (platin, palladium, nickel, kupfer rhodium, gold usw). sind die wirklich nur 55 mio cad wert bei all den ergebnissen und pea´s ihrer minen ? (mal extra kein goldwert genommen)

der markt zahlte mal das 10-fache. die frage ist doch eher ob solche deposits wirklich 10 jahre kein mensch mehr braucht. die bewertung ist daher immer vage. man darf sowas nicht am hype kaufen. die vola ist eben mal so mit 90% down 1000% up.
zeit ist da auch geld, klar. sie verwässern weiter. aber selbst bei doppelter aktienanzahl wären sie ja vergleichsweise zu früheren jahren recht günstig.

die branche ist dermassen im eimer und tiefstbewertet, das erinnert schon an die it´s 2003 und auch wenn ich´s nirgends gelesen hab, es kam danach eine leise hausse mit zig 1000% ern von der keiner was wissen will bis heute.

[dosto]

Antwort auf Beitrag Nr.: 45.452.855 von Boersenkrieger am 15.09.13 18:23:38

so einfach ist das nicht.

Wieviele ausstehende Aktien darf denn eine Company haben,
und selbstverständlich zu welchem Zeitpunkt.

Wenn es Explorer gibt die bereits über 100 Millionen ausstehen haben
und der komplette Milling Bau steht noch bevor, die Kasse leer ist,
kann es sein daß der Aktionär derartig barbiert wird, daß er nie mehr ins
rollen kommt.

Manb kauft nicht einfach Explorer rein der Hoiffnung wegen.
Sondern gerade dort analysiert man wie nirgends anders.

Auf deine lapidare Reaktion ist das System aufgebaut, daß von 100 Explorer-Werten
gerade mal 10 was vernüftiges zustande bringen.

Der Rest hofft auf dich und konsorten mit dem >Motteo:

Ihr werdet uns jahrelang finanzieren und habt auch noch das Risiko.
Wir kaufen unsere Apartments vom Gehalt und haben über Jahre arbeit
ohne Risiko.
Ihr seit ja bereit ohne allzu große Kontrolle und mit viel Geldulf und
einer bestimmten Laschheit vieleicht jeden Scheiß einer Explorergesellschaft
mitzumachen und mitzutragen.

Man muß nur der richtigen religiösen Fraktion angehen, dann geht das,
was geschaftsfähig und marktfähig schon längst erledigt ist.

Keine Angst auch ihr seit dem Darwinismus letztendlich ausgesetzt und
werdet größtenteil gefressen werden.

Und du schuckelst mir zu vielen Explorerwerten rum, heute den, morgen den,
vor einem halben Jahr warst du ganz scharf auf Kupger, vor 2 Monaten schallte das
Börsi off-nur noch Gold- und jetzt einen Misch Masch-Wert zur Abwechslung.

Nicht mit Dosto,
der kann kein SDackhupfen er fällt immer auf dem ersten Meter um, deshalb macht
er nie mit.

[Boersenkrieger]

Antwort auf Beitrag Nr.: 45.452.953 von dosto am 15.09.13 18:45:54

na da von 100 nur 10 überleben... legt sich börsi eben fest auf werte die zumindest eingies an nachweisbarem zu bieten haben.
die reinen explorer an sich sind ja durch die bank seit 2007 im bärenmodus. da schenkt sich gold, nickel, kupfer, uran nicht viel.
die rohstoffpreise sind hier von untergeordenter bedeutung.

bzgl. gold eher finanzierbare sachen oder produzenten ok... hab mich da umgestellt.. mittlerweile tendier ich aber durchaus wieder zur verkommenen explorerlandschaft und da ist mir der rohstoff nicht mehr ganz so wichtig.

viele explorer sind auch von nöten, letztlich ist imer wieder einer dabei der abhebt und den man verkaufen oder teilverkaufen kann.
AMW war doch auch so ein wert... gute drills und unbegreiflicherweise bei 0,025 im low (vor dem resplit als ESO noch). da waren 200 mios aktien raus etwa.
hoffnungsloser fall aber gutes deposit... die entlohnung kam ja dann. von 0,25 umgerechnet auf 7,x bis zur übernahme von FCU.
so eine performance findest du eben bei explorern am boden ab und an und sonst nirgends. da kannst du einiges an mist bauen woanders dafür

mir geht´s grad speziell um explorer die viele nachgewiesene unzen haben, gute grades oder gute PEAs. die sind extremst niedrig bewertet. hat natürlich den haken mit dem newsflow, klar. was erwartet man ? marktkap 20 mios start-kaptial von 200-300-400 mios nötig... keine chance. der sektor ist ohnehin tot... aber grad das ist auch wieder ein zeichen für einen boden.
prophecy platinum oder silver bear sind da schon gute beispiele.

mich reizen solche werte eben drum derzeit im besonderen

[Boersenkrieger]

Antwort auf Beitrag Nr.: 45.453.063 von Boersenkrieger am 15.09.13 19:18:48

Nachtrag:
Aktienanzahl ist völlig egal.

auf der einen seite steht die marktkap von mir aus fully diluted mit warrants und options.

auf der anderen seite vermögenswerte schulden und deposits

nur der vergleich zählt ! darum geht es. sonst um nichts.

[dosto]

Antwort auf Beitrag Nr.: 45.453.063 von Boersenkrieger am 15.09.13 19:18:48

schau nach oben


95 Explorer-Finanzierungen, dabei sind ein paar Prodzenten.

Und das in einem halbem Monat.

Schon der August war nicht von Pappe.

Soll ich jetzt noch nachrechnen lassen, wieviel Shares die Jungs
auf den Markt gehauen haben.

Geht gerade schlecht, meine Mädels sind weg von Deutschland,
die bauen schon am neuen Büro in Miami

[dosto]

Antwort auf Beitrag Nr.: 45.453.113 von Boersenkrieger am 15.09.13 19:33:50

Unsinn,

ab der Produktion sollten Aktienshares bedient werden können.
Ich denke aber daran sind die meisten Companies gar nicht interessiert,
viele können das ja auch gar nicht aufgrund der Unzahl,
da erfolgt der Resplit. Und je älter der Aktionär, besser je länger er
dabei war um so mehr gerät er in den Head (Hair kann man dazu gar nicht mehr sagen)
cut.

[Boersenkrieger]

Antwort auf Beitrag Nr.: 45.453.151 von dosto am 15.09.13 19:42:06

falls denn produziert wird. normalerweise sollte eine übernahme kommen und gut is. trotzdem kriegen es immer wieder einige gebacken wie Regis Resources. Einst ja auch nur ein hoffnungsloser 7 cents wert.

je tiefger die kurse desto größer die verwässerungen, auch klar.
Minco Silver steht ja z.b. nur deswegen einigerassen gut da, weil sie 45 mios 2011 zu 5,95 CAD... die armen käufer

der markt macht die minen letztlich zu dem was sie momentan sind... nichtstuer die nur geld brauchen.
ob es denn wirklich so kommt dass sie platin, palladium, gold usw halbieren muss man abwarten. das ist in den kursen drin und nicht 10-25% down.

der hype und das umfeld insgesamt erinnert an 2000. der einzige zeitpunkt wo die explorer teils noch tiefer waren als heute. dann kansnt du 50-60 jahre nach hinten gehen du findest solch absurde bewertungen nicht !

von daher werd ich jetzt eher wieder spekulativer in explorer umschichten.

[dosto]

2000

waren die meisten Klitschen die
20 Millionen shares draußen hatten, heute haben dasjenigen,
die neu ins Geschäft einsteigen.
Der erhebliche Rest hat sich schon längst vergaloppiert.
Da muß man schon perfekt im Markt sein um
mal 100 % abzusahnen. Und wenn sie da sind sollte man sie nehmen.

Meist aber wird in diesen Portalen dann erstrecht nach oben gepusht,
und dann sitzen die Leutschen drin, paralisiert, weil sie ihr Geld wieder haben möchten, die Hoffnung an sich.
Kommen sie tatsächlich dahin, hoffen sie auf Gewinn.

All das wird erbarmungslos vom Markt abgeschöpft durch die tatsächlichen Explorer-Profis die ganz anders und gnadenlos agieren.

Was macht das Gewinnspiel von Fantomas?
Er kommt erst wieder wenn die erbarmungslosen roten Zahlen sich etwas aufweichen.

[dosto]

file:///C:/Dokumente%20und%20Einstellungen/max/Desktop/Top%2…

[Boersenkrieger]

Antwort auf Beitrag Nr.: 45.453.267 von dosto am 15.09.13 20:08:01

ja das stimmt doch absolut.
trotzdem AMW z.B. hab ich 500% rausgeholt. mit halten wärens >2000% gewesen.
Romios andersrum 500% oben bei +5% verkauft... naja zum glück noch... ging noch deutlich tiefer.

den kram darf man eh nur am boden kaufen...
Fantomas war ursprünglich Noront-fan und setzte fast nur auf diese.
anno 2008 bei 6 CAD war er richtig sauer wenn man mal sanft darauf hinwies dass sie etwas teuer geworden sind. kurs heute 0,35 CAD.
kein explorer für den anleger. verwässerung pur trotz gutem deposit.

Probe dagegen dem einstigen kleinen bruder von noront im ring of fire kann man bislang doch nichts vorwerfen. wobei ich da auch nicht recht weiss ob halten oder verkaufen. je nachdem wie geil agnico auf border wirklich ist.
aber zumindest die haben für einen explorer anständig gewirtschaftet, was aufgrund der rohstoffhausse eher seltener vorkam.
aber das hatten wir bei den IT´s anno 2000 auch. die deutschen waren da sogar die schlimmsten. mit scheinfirmen als abnehmer und später einer comroad z.b. die sich die mühe gar nicht machte und die zahlen frei erfand.

hypes versauen nunmal die unternehmenskultur.
prophecy wurd ich auch nur aufmerkdsamer wegen neuem management und so viele gute pgm-projekte gibt es eben nicht. ob ich da kaufe, weiss ich aber nicht.

insgesamt sind wir ja da angekommen wo nur noch ein paar träumer auf alte kurse hoffen. investoren in den sektor gibt es keine mehr und den shortern sind explorer mittlerweile wohl auch schon zu langweilig geworden.
die miesten sind eh unterhalb der 10 cents angekommen.

aber auch dieser sektor wird einmal wieder beliebter sein und wenn er das erstmal ist sind die kurse vorher schon gestiegen.... von den wenigen die einigermassen anständig bleiben, sich nicht allzu sehr erpressen lassen und trotzdem vorankommen.
immerhin kann man ja recherchieren was die bosse vorher leisteten. wer einmal ehrlich war der ist es vermutlich wieder.

keine frage dost: die masse ist reiner müll. aber 10% davon sind derzeit zigfach zu tief. kauft man falsch hat man eben pech gehabt. andersrum sind wir am level angekommen wo man später wieder belohnt wird.
das war aus sicht 2011 nicht der fall... selektion dürfte jetzt wieder eine rolle spielen und die gruppenhaft zu ende gehen.

[dosto]

Anglo pulls out of controversial Alaskan copper project
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By: Martin Creamer
16th September 2013
Updated 1 hour 45 minutes ago
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JOHANNESBURG (miningweekly.com) – Diversified mining major Anglo American has decided to withdraw from the Pebble copper, gold and molybdenum project in Alaska, which has evoked strong public opposition from the local fishing community.

Anglo expects its year-end write-off of Pebble to total $300-million.

Northern Dynasty Minerals of Canada, which has had the Pebble Limited Partnership with Anglo for the past six years ago, will now go it alone and have the full, sole benefit of the $541-million spent on the project so far.

“Despite our belief that Pebble is a deposit of rare magnitude and quality, we have taken the decision to withdraw following a thorough assessment of our extensive pipeline of long-dated project options,” said Anglo American CEO Mark Cutifani, whose focus is on prioritising capital to projects with the highest value and lowest risk.

Northern Dynasty CEO Ron Thiessen said, however, that Anglo’s withdrawal had opened the door to new exciting possibilities for Pebble, in south-west Alaska, 320 km south-west of Anchorage on state land designated for mineral exploration and development, which is said to contain 55-billion pounds of copper, 66.9-million ounces of gold and 3.3-billion pounds of molybdenum, as well as silver, palladium and rhenium.

Former Anglo CEO Cynthia Carroll bought into the project in icy Alaska in 2007 in pursuit of “one of the very few remaining large-scale copper deposits in the world”.

“Pebble is a unique low-cost, long-life project,” Carroll enthused at the time – but the project ran into strong opposition from native communities.

Despite its potential to support 15 000 jobs and contribute $2.5-billion-plus a year to US gross domestic product over decades of production, the concern of the local Eskimo fishing community centres on Bristol Bay’s ‘renewable’ wild salmon fishery being negatively impacted by the ‘non-renewable’ Pebble mine potentially disposing waste into fishing waters.

The Stop Pebble initiative argues that the proposed Pebble mine will be gouged out of an American paradise that is filled with salmon, bears, moose, caribou, wolves and whales and that has sustained local livelihoods for thousands of years.

More than 67 varieties of state and federal permits will be required before construction can begin and more than a dozen state and federal entities will oversee the process.

Acquired by Northern Dynasty in 2001, Pebble is, however, clearly a project that could help to close the economic void that is being left by depleting Alaskan oil.

[dosto]

Im Moment ist der Sektor out

aqber noch nicht Megaout.

Ich erwarte neue Kapitulationen wie aus der letzten Post ersichlich.
Zunäachst erwischt es die 1 Milliarde Capex Projekte der Freien Explorer-Firmen.

Out sind auch alle alle 750 Millionen Projekte.

Borden Lake von Probe ist einfach ein Darling und weiter nix.
Mit 1 Milliarde CaPex und Kosten an die 900 pro Unze und
der langen Aufbauzeit, werden sie halt einfach von ein paar Finanzierern und der Firma selbst herausgeputzt.
Keiner weiß ob sie überhaupt durchkommen. Unmöglich zum jetzigen
Zeitpunkt darüber Spekulationen anzustellen.

Daselbe gilt für Sabena.

Es ist sinnlos dort Kurse zu verteilen.

Man muß die Companies einfach durchdealen und fertig.
Am besten jeder Schuß ein Treffer und nicht hinterherrennen,
die meisten oder gar alle kommen wieder weit zurück.

[dosto]

Von d en 90 Projekten, die mal BMO aufgestellt hat und
gerankt- bin ich mal gespannt wo die Ende 2013 und Ende 2014
angekommen sind.

Die Aufstellung ist vom Mai 2012
und liefert ab nächstes Jahr schon ziemlich Aufschluß was Abfall
werden wird, vorerst.

[Boersenkrieger]

Antwort auf Beitrag Nr.: 45.457.883 von dosto am 16.09.13 15:39:20

ja dosto ich weiss dass du immer bärisch bist.
ich sags mal so barrick steht tiefer als 1993.
punkt.
ich denke dass die welt auch morgen noch da ist und die minen so gebraucht werden wie vor 20 jahren.
über hausse brauchen wir uns hier ja schon lange nicht mehr zu unterhalten.
ich bin anderer meinung als du und das ist gut so.

[Boersenkrieger]

PS:
mir ist auch klar dass ich CAN/USA meiden muss.
ich werde auch immer mehr dort abziehen.
wichtig hauptsächlich ist dass kein umsatz umgeht in CAN/USA bzw otc gelistet nur.

am besten gar kein listing bei euch.
ihr werdet immer shorten und euch geht´s grad wieder zu gut dank der FED. das ist mein hauptproblem.
also weg von diesen cowboy-ländern wo naked shorting quasi uneingeschränkt erlaubt ist.
wie viele aktien da rumgeistern weiss der teufel. ihr macht doch bei sabina und co noch das 10 fache in geisteraktien.
davor hatte mich goldeule schon jahre gewarnt. und er hatte leider recht.

ich kenn das spiel inzwischen und werde kapitulieren.. auch in anderen ländern gibts genug minenwerte.

[dosto]

Etwas, was die Bugs nicht lesen brauchen, da manipulireiet.

Die Leute die auf Zinsen machen, sollten es lesen.

Jedem halt sein Kraut

nflation rates fell in Europe in August
UPI Business News
Monday September 16, 2013 9:15 AM

The annual inflation rate in the 17-member eurozone dropped sharply from July to August, Euostat said Monday.

The official statistics office for the European Commission said the inflation rate for the 17-member currency region dropped from 1.6 percent to 1.3 percent July to August. In the larger, 28-member European Union , the annual inflation rate slowed to 1.5 percent in August.

The annual inflation rate for both regions has slowed dramatically from a year earlier. In the eurozone, the inflation rate 12 months prior was 2.6 percent. In the European Union in August 2012 , the inflation rate stood at 2.7 percent.

For both regions, monthly inflation came to 0.1 percent in August.

The inflation rate in August was negative in Greece , Bulgaria and Latvia in August, with rates of minus 1 percent, minus 0.7 percent and minus 0.1 percent, respectively.

At a glance, prices dropping might seem like an accomplishment. But falling prices, called deflation, can trigger a hesitation to buy, which creates a stall in the economy. Companies then lay off workers because too few people are buying with the dynamics of deflation turning an economic stall into a rut.

Eurostat said the highest inflation rates in August were in Estonia , the Netherlands and Romania , with annual rates of 3.6 percent, 2.8 percent and 2.6 percent, respectively.

In Germany and France , the region's two largest economies, annual inflation was posted at 1.6 percent and 1 percent, respectively.

[dosto]

FED. das ist mein hauptproblem.

Es geht auch ohne FED gut,

es wird sogar noch besser,

sollten die

2,5 die 3 und 4 % 5-10-30 jährigen fallen.

Geht das Geld wieder in die Bonds und zwar nicht als Sicherheit,
sondern als Zinsbringer, d.h. es bleibt auch dort etliche Zeit.

Und in der Tat Explorerfirmen mit über 100 Millionen shares kann man hin-und herschieben.

Man kann sie auch deckeln wenn man genügend long hat und ab einem bestimmten Punkt nur abverkauft. Hat man noch 20.000 Stück übrig,
dann sollte man sich mal 100.000 shorts besorgen. Der Market Maker der sie nicht in den Büchern tot rumliegen haben möchte, wird schon liefern. Alles klar, verstanden wies zugehen kann.
Oder sind weitere Erklärungen notwenig. Mach ich nicht gerne,
denn bis jetzt haben das die wenigsten in Deutschland mitbekommen.
Sie hingen strickt am Gängelband der Toronto und NY Boys und
die Vancouver Bubis spielen mit ihren Warrants und Optionen auch noch ein bißchen mit.
Kein Wunder hat der Markt grenzen.

[Boersenkrieger]

Antwort auf Beitrag Nr.: 45.458.533 von dosto am 16.09.13 16:49:09

wieso sollte man jetzt infglation erwarten ?
lies dich mal in in das thema "ursache und wirkung"
finanzwirtschaftlicher unsinn zum jetzigen zeitpunkt inflation zu erwarten.

die war immer in richtung 2015-2017 geplant auch von den bugs.
aber ihr verdreht ja wieder alles