Archives for Commodities - Page 12
Part I was an introduction to conglomerate-hosted gold in the Pilbara, which included a brief comment on Novo Resources, by far the biggest player in the space. Part II is a brief commentary on some ASX listed companies with conglomerate gold interests in the Pilbara. The companies range from those…
A gold rush is underway in the Pilbara region of Western Australia. Prospectors and companies have been finding gold nuggets within conglomerates at the base of the Fortescue Basin. The basin is 2629M to 2775M years old and the basal part, at least, is thought by some to be analogous…
This is a very brief overview of the industry, to be followed with more detail in later posts. There are at least 14 ASX listed mineral sands companies, of which 5 are in production. In addition, there are about 12 companies that are either private or public but unlisted, several…
The US shale oil industry is comparable to Silicon Valley start-ups. That is, profit is irrelevant, it is all about growth. Thus, provided shale oil production continues to grow, it is thought Wall Street will continue to provide debt funding. The industry has lost money, regardless of whether the oil…
Zinc has been in the news of late, with mines closing, prices rising, and stocks falling. It all looks good for potential developers and producers. However, over the last few decades zinc has often not performed as expected. The main reasons have been unexpected new sources of non-mine supply and…
The chart below shows Macquarie Research’s take on various commodity cycles. It shows where commodities are in the cycle and where Macquarie expects them to be in two years’ time. For example, lithium is at or about its peak price and will fall over the next two years. Gold and…