Investment Banks Moving To Neutral on Mining Stocks
At least for a few investment banks like JP Morgan Cazenove and Citigroup, the negative tides for mining stocks appear to shifting towards the positive as they have changed their views from bearish to neutral.
JP Morgan Cazenove is still taking a guarded position towards mining stocks but sees companies within the industry aggressively cutting costs which is one of the reasons why mining stocks rise.
Citi analysts stay negative in their short-term outlook of the sector except furthermore observe some positivity in mining stocks in six months.
“We believe that the large miners, such as Rio Tinto and BHP Billiton, are now reaching yield support as they are trading on higher yields than the market,” Citi said.
Eric Lemieux, mining analyst with Laurentian Bank Securities in Montreal, remains bullish on mining stocks, saying that the commodities super cycle has not ended and despite slowdowns in the economy, there is still strong metals consumption.
The hit that commodity prices and miners have taken in 2013 may not necessarily be a bad thing, he said.
“With this downturn, in the scope of things, I think it’s positive for the industry because we did have a period of micro inflation where costs had gone up tremendously in terms of labor and engineering firms; it just overheated,” Lemieux said. “This retreat and decline in commodity prices, although it hurts, there’s some positives here in terms of cost settling down.”
JP Morgan mentioned a bottoming out in Chinese commodity import volumes and Chinese commodity inventories coming off recent highs as a possible catalyst for stronger metals demand.
While it boils down to consumption and a need for commodities for Lemieux.
“If you look at what’s going on in Asia, even though there’s been a slowdown in China, they’re still consuming, they still have to modernize,” Lemieux said. “I have a sense that things will eventually bounce back up.
“I think the end game is that commodities have some way to go and I wouldn’t be neutral,” he added.
Showing posts with label Mining. Show all posts
Showing posts with label Mining. Show all posts
Sunday, 23 June 2013
Thursday, 9 May 2013
Khandeparkar Panel to Investigate More into Illegal Mining in Goa
Helping the government arrest illegalities and prepare a roadmap for future of mining industry in the state is the Goa government-appointed Justice R M S Khandeparkar committee on illegal mining. He has decided to probe further the illicit tapping of iron ore in Goa.
“The terms of reference of the Committee are very clear. They are not just restricted to findings of Justice M B Shah Committee….It also includes the assistance to the government to decide on future of proper mining in the state,” Khandeparkar said.
The Committee will not only go through the findings of Shah Commission, but will also probe several aspects which were left untouched by them he said.
“The Shah Commission has not been able to do many things because of absence of material on record,” the former High Court judge said.
“Whatever they have left out would also be investigated,” he said.
The state government had informed Khandeparkar Committee to investigate more into the findings of Justice M B Shah Commission. This has pegged illegal mining in the state to Rs 35,000 crore.
The claim of illegality was refused by the mine owners. These mine owners had stated that they were not given hearing as a part of natural justice.
Khandeparkar said that he has already approved the first draft of the notice which would be issued for the public asking them to come forward with any information regarding illegal mining in Goa.
He said that everyone would be heard during the course of the investigation by the Committee.
“Whoever wants to be heard would be heard,” he said responding to a question whether mine owners would be called for hearing.
Khandeparkar said the first meeting of the Committee is yet to be held as they are waiting for the infrastructure to be put in place.
“The Committee will decide how to go ahead with the investigations,” he said, adding that there is no deadline set for submitting the final report to the government.
The former High Court Judge, however, said that the committee will continue with its investigation but will wait for the final judgement from SC on the mining matter.
“For forming any final conclusion we should have proper respect for the judiciary (SC),” he said.
Tuesday, 7 May 2013
Making Progress with Biodiversity for Mining Rehabilitation
The pioneers in progressive mine rehabilitation is one of the greatest assets in departmentalizing mining stereotypes. Environmentally friendly procedures and more and more miscellaneous ecosystems are becoming the standard as companies regard local ecosystem rehabilitation as a part of the on-going mining process.
To better understand these progressive rehab techniques, here are some words from Idemitsu Australia Resources Corporate Sustainability and Environment Manager Dr. Jan Green and Parsons Brinckerhoff Team Manager, Alex Cockerill.
“There’s an increasing focus on establishing complex and diverse natural ecosystems as part of mine rehabilitation,” she says. “With progressive rehab, it takes a much shorter time after the mine closes before the original flora and fauna can take over naturally.”
Her existing project is a 6- to 7-year-old mine that will sooner or later go back to a box gum woodland with white box gum trees. She explains that one of the biggest challenges is keeping up with the mining as it happens.
A strict schedule of clearing between summer and autumn allows species, for example, to nest in the winter and raise young in the spring. Cockerill says the team salvages hollow logs and timber for the provision of supplementary fauna habitats within the rehabilitation, and collects the seeds of local species of plant from the adjoining forest for propagation in a nursery.
By means of local species, it provides them a better chance of growing for the reason that the topsoil is recreated with greater accurateness. Sequentially, local fauna, from invertebrates to birds and mammals, are attracted to familiar landscapes.
“With the progressive establishment of increasingly complex vegetation structure and diversity these ecosystems encourage more local species back onto the mine site,” Cockerill explains.
“It’s then supported by biodiversity monitoring to target measurable performance criteria throughout the life of the mine and rehab,” Dr. Green says.
Dr. Green believes progressive rehab should be the norm and there’s good reason for that.
“We are mining in a state forest and to rehabilitate progressively is part of the approval conditions,” she admits, “But progressive rehab is better in terms of the environment and community acceptance.”
Deserted mines and plateaued soil heaps are not natural and can take expanded time to renew because of erosion. But gradually rehabilitated mines have extra defiance to erosion. This is because spoil piles are benched with draining slopes and layered with mulch.
“Importantly, progressive rehabilitation limits the time the ecologically valuable topsoils are stockpiled”, Cockerill says. “Reusing these topsoils progressively will maximise the survival of soil biota and the potential natural regeneration from the forests, soil and seed bank.”
But the biggest challenge may be communication. It is difficult to fight misinformation, especially when it comes to mining and the environment explains Dr. Green. “The most important thing you can do is to engage with the local community, the regulators and interested groups to design and deliver a landscape that everyone has had the opportunity to discuss,” she says.
Monday, 22 April 2013
Mining and the Environment
http://blackhawk-mining.com/2013/04/23/mining-and-the-environment/
Even though we always say there could be such a thing as responsible mining, sadly, mining can often have distressing effects on the environment. Mining necessitates the use of many seriously harmful chemicals such as, Mercury, Cyanide, Sulfuric acid, Arsenic, and Methyl mercury. These can have acutely dangerous effects on water.
Because these chemicals are used the whole time of mining process, consequently these chemicals will seep into the ground. Because of the chemicals seeping underground the groundwater becomes polluted and even if pipes were used to dispose of the chemicals, the chemicals often leak from the pipes.
What is causing it to become more of a burden is that these chemicals are often disposed in close by bodies of water, thus causing water pollution. Moreover, when this happens worse part is, when the chemicals are released into the bodies of water, it frequently results in the loss of aquatic plants and animals. When run-off of the chemicals takes place above ground, it is harmful for nearby vegetation and plants.
Gold mining has equally devastating effects on water. The process that is required in mining gold has negative effects on water. River dredging is just one way which gold is mine.
River dredging is a method in which gravel and mud is suctioned from a specific part of the river. The gold will then be sifted out of this gravel and mud then the gravel and mud will be returned to the river.
Most of the time, the gravel and mud is returned to an area of the river that they did not originally come from. Making the natural flow of the river disturbed resulting to deaths of multiple fishes and plants in the river.
Water and land has no much of a difference when it comes to the consequences mining gives. The process of mining alone entails a large area of land is cleared. Mining means digging through the earth to find the minerals or substances for which they are seeking. Worst, mining often requires large-scale deforestation.
In addition, deforestation means loss of numerous types of animals, and wildlife. Besides deforestation, large areas of nearby vegetation must be cut and trimmed to clear a road for the mining workers to even reach the area that they are mining.
Recurrent deforestation of neighborhood areas can put the whole species at threat for becoming scarce, or shoddier, extinct. When vegetation is not detached through the procedure of mining, it dies because of land pollution from the chemicals. What’s more, when the chemicals soak into the soil, it makes the soil inappropriate for new plants to grow in it. No organisms can live in the polluted soil; it will die due to the pollution.
The process of mining results in a type of liquid waste in some occasions. Instead of being properly disposed, this liquid waste is sometimes disposed in the mining pits.
This frequently takes place in countries in which the mining policies are not as firm as other countries. When the pit becomes overflowing with this liquid waste, it turns into a sluggish and hazardous pool of liquid. It is hazardous because diseases normally develop in it.
Even though we always say there could be such a thing as responsible mining, sadly, mining can often have distressing effects on the environment. Mining necessitates the use of many seriously harmful chemicals such as, Mercury, Cyanide, Sulfuric acid, Arsenic, and Methyl mercury. These can have acutely dangerous effects on water.
Because these chemicals are used the whole time of mining process, consequently these chemicals will seep into the ground. Because of the chemicals seeping underground the groundwater becomes polluted and even if pipes were used to dispose of the chemicals, the chemicals often leak from the pipes.
What is causing it to become more of a burden is that these chemicals are often disposed in close by bodies of water, thus causing water pollution. Moreover, when this happens worse part is, when the chemicals are released into the bodies of water, it frequently results in the loss of aquatic plants and animals. When run-off of the chemicals takes place above ground, it is harmful for nearby vegetation and plants.
Gold mining has equally devastating effects on water. The process that is required in mining gold has negative effects on water. River dredging is just one way which gold is mine.
River dredging is a method in which gravel and mud is suctioned from a specific part of the river. The gold will then be sifted out of this gravel and mud then the gravel and mud will be returned to the river.
Most of the time, the gravel and mud is returned to an area of the river that they did not originally come from. Making the natural flow of the river disturbed resulting to deaths of multiple fishes and plants in the river.
Water and land has no much of a difference when it comes to the consequences mining gives. The process of mining alone entails a large area of land is cleared. Mining means digging through the earth to find the minerals or substances for which they are seeking. Worst, mining often requires large-scale deforestation.
In addition, deforestation means loss of numerous types of animals, and wildlife. Besides deforestation, large areas of nearby vegetation must be cut and trimmed to clear a road for the mining workers to even reach the area that they are mining.
Recurrent deforestation of neighborhood areas can put the whole species at threat for becoming scarce, or shoddier, extinct. When vegetation is not detached through the procedure of mining, it dies because of land pollution from the chemicals. What’s more, when the chemicals soak into the soil, it makes the soil inappropriate for new plants to grow in it. No organisms can live in the polluted soil; it will die due to the pollution.
The process of mining results in a type of liquid waste in some occasions. Instead of being properly disposed, this liquid waste is sometimes disposed in the mining pits.
This frequently takes place in countries in which the mining policies are not as firm as other countries. When the pit becomes overflowing with this liquid waste, it turns into a sluggish and hazardous pool of liquid. It is hazardous because diseases normally develop in it.
Thursday, 15 November 2012
BLACK HAWK MINING BULLETIN ARTICLES: Commodities and Gold Fraud Prevention
Investments in commodities and precious metals can be made
indirectly through stocks, mutual funds, ETFs, or derivatives or people can
directly buy or sell the commodity or precious metal itself. Commodities may
include crude oil, coal, sugar, coffee beans, wheat and other goods. Precious metals are gold, silver or
platinum. Interest in precious metals
has increased in recent years as the price of gold and silver has reached all-time
highs. These commodities and gold are bought by investors primarily to hedge
against inflation, economic uncertainty, and foreign exchange risk, in the
belief that these metals, particularly gold, are repositories of absolute
value, whereas paper currencies and securities dominated in such currencies
have relative value and are vulnerable to loss.
The high value of gold and commodities lead to easy money for
scammers. It attracts more vigorously of
fraudulent activity. There are many
types of common tricks that are actually uncommon to ordinary people.
• Cash for
gold – With the rise in the value of gold due to the financial crisis, there
has been a surge in companies that will buy personal gold in exchange for cash,
or sell investments in gold bullion and
coins. Several of these have prolific marketing plans and high value
spokesmen, such as prior vice presidents.
Many of these companies are under investigation for a variety of
securities fraud claims, as well as laundering money for terrorist
organizations. Also given that ownership
is often not verified, many companies are considered to be receiving stolen
property, and multiple laws are under consideration on methods to curtail this.
• High-yield
investment programs – HYIPs are usually just pyramid schemes dressed up with no
real value underneath. Using gold in
their prospectus makes them seem more solid and trustworthy.
• Advance fee
fraud – Various emails circulate on the Internet for buyers or sellers of up to
10,000 metric tons of gold. This is more
gold than the US Federal Reserve owns. Often naive middlemen are drafted in as
hopeful brokers, and usually mention mythical terms like 'Swiss Procedure' or
'FCO' (Full Corporate Offer). The
end-game of these scams is unknown, but they probably just attempt to extract a
small 'validation' sum out of the innocent buyer/seller from their hope of
getting the big deal.
• Gold dust
sellers – This scam persuades an investor there is real gold with a trial
quantity, then eventually delivers brass filings or similar.
• Counterfeit
gold coins.
• Shares in fraudulent
mining companies with no gold reserves, or potential of finding gold.
• Gold Party
Scam-- Gold parties are typically held in people’s homes, at places of worship,
and at schools. The hook used to lure you in is the promise of cash for your
unwanted gold jewelry, coins, and other items. The buyer tests your gold and
pays you cash on the spot (based on the gold’s purity and weight). Sounds like
a good deal, right? WRONG!
New report shows an increase in investment fraud
scheme. If someone asks you to engage in
big investments and big payment up-front and you are unsure of their identity,
be very cautious. Be extra careful to
those people promising you a 20-25% result.
More often than not most promising deals are created just to attract
potential victims.
Tuesday, 13 November 2012
Blackhawk Mines: Mining Scam Prevention
http://blackhawk-mining.com/2012/11/13/mining-scam-prevention/
Mining is the process of extracting ore or minerals from the ground. People started to practice mining many years ago. At first it was thought to be very helpful to mankind but as the years go by and as we discover many things to mine, the disadvantages of mining also evolved.
The definite advantage of mining is that it brings large amount of profits for the companies doing the mining and jobs for the people. It supplies raw materials that provide convenience to daily living. But more disadvantages come along with mining. The downsides of mining are: deforestation and pollution after these two is a chain reaction that will only cause troubles to human. Pollution is just one thing; the damage to both underground and surface environments is as shuttering. Another thing is the depletion of resources rather than the reuse of existing materials, or use of materials readily available on the surface, these said minerals will take hundred of years in order to generate again. Plus the dangers that it will cause to men, cave-ins, explosions, gas, radiation sickness, black-lung disease, asbestosis, and silicosis.
India is a very rich country in terms of natural resources. Mining industry is a major economic activity which contributes significantly to the economy of India. Mining started here ages ago so it is not surprising that deforestation and pollution are very common in the country. Due to the growing number of tribulations mining caused, the country struggles for solutions.
India is the largest producer of sheet mica, the third largest producer of iron ore and the fifth largest producer of bauxite in the world. India's metal and mining industry was estimated to be $106.4bn (£68.5bn) in 2010.
However, the mining in India is also infamous for human right violations and environmental pollution. The industry has been hit by several high profile mining scandals in recent times.
India suffered so much, what sad is that the people who makes the sufferings are her people as well. What the government should understand is that they must be focus on issues at a time; they must give proper distribution of tasks his people so that they may be able to perform their jobs suitably. Those mentioned earlier were just part of the story; another issue in mining is the scams and frauds. Scam prevention can only happen if one knows how scam works. Although mining fraud is rare today, but, as in any type of business, there would still be people who will try to steal money from other people. Here is how you can prevent yourself from being scammed.
• If there is any pressure buy right away, forget it.
• The company has a secret or proprietary process to extract gold, silver, or platinum from rock that conventional tests cannot detect.
• Instead of selling shares of stock, the company is offering to sell the ore itself, and extract the metal from your ore for a fee. This is known as a “dirt-pile scam.” By not selling shares, the promoters are avoiding regulatory oversight, making it much easier to take your money
Sunday, 30 September 2012
Calgary trio draws $54-million fine for fraud
http://www.vancouversun.com/business/%20Calgary+trio+draws+million+fine%20+fraud/7320671/story.html
"All of the respondents were involved in perpetrating a systemic massive fraud on Alberta and other investors, involving a complicated web of domestic and offshore corporate and other entities, bank accounts and offerings," the commission said Friday.
"Investment fraud is reprehensible and completely unacceptable capital-market misconduct; instances of fraud in the capital market severely threaten the public's confidence and sense of fairness in the whole of our capital market."
The case centres around a now-defunct company called Arbour Energy, which the ASC says illegally raised $45.5 million from investors.
Arbour was led by Dennis Morice, who, according to the ASC decision, considered himself a "bit player" and "cog" in a scheme led by Milowe Brost and Gary Sorenson - two men charged in a separate high-profile alleged Ponzi scheme in 2009.
Morice faces the smallest penalty of the three men - a $150,000 fine, an order to pay $50,000 to cover the cost of the investigation and hearing and a variety of bans. Arbour itself faces no financial penalties, but it's been barred from trading in and purchasing securities, among other things.
In its decision, the ASC said Brost's misconduct was "the most egregious" of the three men. Brost led the Institute For Financial Learning, which he claimed was an "information club" but the ASC contends was really used to sell investors stock in Arbour and other entities connected to Brost.
Brost has been fined $3 million and ordered to pay $85,000 in costs, the second-highest fine against an individual in ASC history. IFFL must pay back $10 million of the funds it gained from the fraud and pay $85,000 in costs.
"We conclude Brost has not recognized the seriousness of his misconduct and the devastating consequences that he caused to Alberta and other investors. These circumstances heighten the need for severe sanction," the ASC panel said in its decision.
Sorenson led a private Alberta junior mining company called Merendon, which the ASC said was a "participant in - and a significant beneficiary of - a massive complex securities fraud."
The ASC said Merendon was used as a vehicle to receive and disburse investor money.
"Clearly his was egregious behaviour, although not to the same extent as Brost's and IFFL's misconduct - Sorenson did not have the same direct contact with investors as did Brost and IFFL and was not found to have contravened multiple provisions of Alberta securities laws."
Sorenson has been fined $2 million and has been ordered to pay $70,000 in costs. Merendon must pay the $38.6 million it made from the fraud to the ASC and $70,000 in costs.
In a separate case, Brost and Sorenson were arrested in 2009 for what police called "the largest Ponzi scheme" in Canadian history, bilking $400 million.
"All of the respondents were involved in perpetrating a systemic massive fraud on Alberta and other investors, involving a complicated web of domestic and offshore corporate and other entities, bank accounts and offerings," the commission said Friday.
"Investment fraud is reprehensible and completely unacceptable capital-market misconduct; instances of fraud in the capital market severely threaten the public's confidence and sense of fairness in the whole of our capital market."
The case centres around a now-defunct company called Arbour Energy, which the ASC says illegally raised $45.5 million from investors.
Arbour was led by Dennis Morice, who, according to the ASC decision, considered himself a "bit player" and "cog" in a scheme led by Milowe Brost and Gary Sorenson - two men charged in a separate high-profile alleged Ponzi scheme in 2009.
Morice faces the smallest penalty of the three men - a $150,000 fine, an order to pay $50,000 to cover the cost of the investigation and hearing and a variety of bans. Arbour itself faces no financial penalties, but it's been barred from trading in and purchasing securities, among other things.
In its decision, the ASC said Brost's misconduct was "the most egregious" of the three men. Brost led the Institute For Financial Learning, which he claimed was an "information club" but the ASC contends was really used to sell investors stock in Arbour and other entities connected to Brost.
Brost has been fined $3 million and ordered to pay $85,000 in costs, the second-highest fine against an individual in ASC history. IFFL must pay back $10 million of the funds it gained from the fraud and pay $85,000 in costs.
"We conclude Brost has not recognized the seriousness of his misconduct and the devastating consequences that he caused to Alberta and other investors. These circumstances heighten the need for severe sanction," the ASC panel said in its decision.
Sorenson led a private Alberta junior mining company called Merendon, which the ASC said was a "participant in - and a significant beneficiary of - a massive complex securities fraud."
The ASC said Merendon was used as a vehicle to receive and disburse investor money.
"Clearly his was egregious behaviour, although not to the same extent as Brost's and IFFL's misconduct - Sorenson did not have the same direct contact with investors as did Brost and IFFL and was not found to have contravened multiple provisions of Alberta securities laws."
Sorenson has been fined $2 million and has been ordered to pay $70,000 in costs. Merendon must pay the $38.6 million it made from the fraud to the ASC and $70,000 in costs.
In a separate case, Brost and Sorenson were arrested in 2009 for what police called "the largest Ponzi scheme" in Canadian history, bilking $400 million.
Monday, 3 September 2012
Indian coal mining scam - Cong alleges scam in Chhattisgarh -
http://www.steelguru.com/indian_news/Indian_coal_mining_scam_Cong_alleges_scam_in_Chhattisgarh/281429.html
Press Trust of India reported that the opposition Congress alleged a scam in the allocation of coal mines in Chhattisgarh and sought a CBI probe, while Chief Minister Raman Singh contended that his government had no role in the coal block allotment.
Chhattisgarh Congress chief Nandkumar Patel told reporters that the state government had "conspired" to allot Bhatgaon-2 and Bhatgaon-2 extension coal blocks to Nagpur-based SMS Infrastructure Ltd and Solar Explosive Ltd, which caused a loss of INR 1,052 crore to the exchequer.
However, brushing aside the charges against his government's role in the alleged coal scam, Chhattisgarh Chief Minister Raman Singh said in Indore that the allotment of coal blocks was the responsibility of the Union government, the mining department as well as the Screening Committee and that the state government had no role in it.
The chief minister told reporters that "Coal block allocation is not the prerogative of the state...It was Government of India, the Mining department and the Screening Committee which used to decide and finalise it.”
The Chief Minister was reacting to a query whether the two coal blocks were approved on by his government.
Mr Singh said that any state government could only recommend to the Centre about alloting coal blocks. He said that "It was surprising that the alloted six coal blocks of Chattisgarh were not recommended by my government and without any application.”
Source - Press Trust of India
Tuesday, 21 August 2012
Black Hawk crash kills 7 Americans and 4 Afghans; Taliban claim they shot it down
http://www.washingtonpost.com/world/asia_pacific/afghan-official-roadside-bomb-kills-3-afghan-soldiers-in-northern-afghanistan/2012/08/16/cb0464bc-e78a-11e1-9739-eef99c5fb285_story.html
NATO forces said they could not confirm what caused Thursday’s crash and stressed that it was still being investigated. The Black Hawk was operating in support of an ongoing assault on the ground but initial indications were that it was not shot down, according to U.S. officials who spoke anonymously because the investigation was continuing.
Taliban spokesman Qari Yousef Ahmadi said insurgent fighters struck the helicopter in Kandahar province on Thursday morning. He declined to give further details in a phone call with The Associated Press.
The Kandahar provincial government backed the Taliban claim. It said the helicopter was shot down in Shah Wali Kot district, a rural area north of Kandahar city where insurgents move freely and regularly launch attacks. Provincial spokesman Ahmad Jawed Faisal did not provide details or say how the province had confirmed the information.
Kandahar is a traditional Taliban stronghold and the spiritual birthplace of the hardline Islamist movement, which ruled Afghanistan before being ousted in 2001 by the U.S.-led alliance for sheltering al-Qaida’s leaders.
Thursday’s crash came less than a week after six American service members were gunned down, apparently by two members of the Afghan security forces they were training to take over the fight against the insurgency.
White House spokesman Jay Carney said Thursday that the U.S. is prioritizing efforts to prevent more of these types of attacks. NATO says that 34 international service members have been killed in attacks by Afghan security forces or militants wearing their uniforms so far this year.
The international force “is continually assessing and refining procedures in force protection so that we can both meet mission requirements and ensure the safety of our forces,” Carney said.
The Taliban said Thursday that the insider attacks are part of a strategy to undercut the alliance between the Afghan government and international forces.
“Mujahideen have cleverly infiltrated the ranks of the enemy according to the plan given to them last year,” the militants said in their annual statement ahead of the Eid al-Fitr holiday marking the end of Ramadan, the Muslim holy month.
The attacks on U.S. service personnel have stirred fresh doubts about the capability of Afghan security forces to secure the country in less than two years’ time. The majority of international combat troops are scheduled to exit the country by the end of 2014.
Wednesday, 8 August 2012
Black Hawk Mines Bulletin | Preservation and promotion of mining ghost towns.
http://blackhawk-mining.com/
Black Hawk Mines Bulletin is all for the preservation and promotion of mining ghost towns that are widely being neglected across the world. We support historical sites and promote the rebirth of current mining ghost towns that still have a lot of potential in generating income and historical value.
This blog regularly publishes news and details regarding mining-sites-turned-ghost-towns to educate people interested in history and to gather support for our cause from different parts of the world.
Our group is presently working alongside other associations to keep ghost towns, like the BlackHawk, Colorado, in the map; perhaps, even to try and make them a tourist spot.
Black Hawk Mines Bulletin is all for the preservation and promotion of mining ghost towns that are widely being neglected across the world. We support historical sites and promote the rebirth of current mining ghost towns that still have a lot of potential in generating income and historical value.
This blog regularly publishes news and details regarding mining-sites-turned-ghost-towns to educate people interested in history and to gather support for our cause from different parts of the world.
Our group is presently working alongside other associations to keep ghost towns, like the BlackHawk, Colorado, in the map; perhaps, even to try and make them a tourist spot.
Black Hawk Bulletin’s Gallery
Bringing life back to the historical site and mining ghost
towns that a has bunch of prospective to bring income and be a tourist spot as possible,
not to mention the historical value that it possesses. Thru the news and reviews
brought by Black Hawk Mines Bulletin we’ll be able to spread out the
information to gather more advocate and keep people up to date.
Friday, 18 May 2012
BLOG - Black Hawk Mining Bulletin Articles: Aus Mining Continues Growth
http://www.ebaumsworld.com/blogs/view/82522091/
http://promotion.blackhawk-mining.com/2012/05/10/black-hawk-mining-bulletin-articles-aus-mining-continues-growth/
A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services sector while sales and prices also fell.
Just 2 out of 9 sub-sectors (namely, personal and recreational services and finance and insurance) included in the survey has grown during the month. The increased activity in the mining sector is not positively affecting the remaining sectors of the local market.
The chief executive of the Australian Industry Group (AI Group) said that the contraction in the services industry just shows how narrow is its base of development in the broad market.
Several stability in financial states abroad in a period of few months will be favorable for allowing consumer and business confidence to improve, resulting in a gradual increase in spending.
More than half of the worlds mining acquisitions in 2011 has involved projects located in US, Australia and Canada. Other buyers include China, India, Russia and Brazil, all of which increased their acquisitions by 42% since 2006.
In terms of gold, the average deal is valued at USD 41 million where a premium is almost 50%. Propelling the lucrative market is Australia with 15%, United States with 14% and Canada with 49%.
Considering the bigger picture of the industry, PwC seems to be expecting that this year will see record M&A valuations and volumes in the mining sector worldwide.
According to the company, sovereign wealth funds tend to have more advantage in winning transactions because of their low cost of capital.
PwC is assuming that non-miners like sovereign wealth funds, large pension funds and private equity might reassess their approach to the industry and begin to participate more in M&A
http://promotion.blackhawk-mining.com/2012/05/10/black-hawk-mining-bulletin-articles-aus-mining-continues-growth/
A recent survey conducted in Australia shows that although their mining sector is enjoying a boom, services sector is in an opposite condition. Most of the contraction was caused by a decline in new orders among the various players in the services sector while sales and prices also fell.
Just 2 out of 9 sub-sectors (namely, personal and recreational services and finance and insurance) included in the survey has grown during the month. The increased activity in the mining sector is not positively affecting the remaining sectors of the local market.
The chief executive of the Australian Industry Group (AI Group) said that the contraction in the services industry just shows how narrow is its base of development in the broad market.
Several stability in financial states abroad in a period of few months will be favorable for allowing consumer and business confidence to improve, resulting in a gradual increase in spending.
More than half of the worlds mining acquisitions in 2011 has involved projects located in US, Australia and Canada. Other buyers include China, India, Russia and Brazil, all of which increased their acquisitions by 42% since 2006.
In terms of gold, the average deal is valued at USD 41 million where a premium is almost 50%. Propelling the lucrative market is Australia with 15%, United States with 14% and Canada with 49%.
Considering the bigger picture of the industry, PwC seems to be expecting that this year will see record M&A valuations and volumes in the mining sector worldwide.
According to the company, sovereign wealth funds tend to have more advantage in winning transactions because of their low cost of capital.
PwC is assuming that non-miners like sovereign wealth funds, large pension funds and private equity might reassess their approach to the industry and begin to participate more in M&A
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Black Hawk Mines Bulletin | Preservation and promotion of mining ghost towns.
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Black Hawk Mines Bulletin| Blackhawk Mines: Copper demand expected to rise
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Black Hawk Mines: Small town suffers from gold heist promotion.blackhawk-mining.com
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Black Hawk Mines Bulletin | Preservation and promotion of mining ghost towns.
Two of the biggest mining firms in the world, Rio Tinto PLC and BHP Billiton Ltd are teaming up to invest over USD 4 billion to boost ...
Black Hawk Mines Bulletin blackhawk-mining.com
Two of the biggest mining firms in the world, Rio Tinto PLC and BHP Billiton Ltd are teaming up to invest over USD 4 billion to boost their copper output, according to their announcement on Tuesday. Rio and BHP have staked...
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Black Hawk Mines Bulletin| About
Black Hawk Mines Bulletin is all for the preservation and promotion of mining ghost towns that are widely being neglected across the ...
Black Hawk Mines Bulletin blackhawk-mining.com
Black Hawk Mines Bulletin is all for the preservation and promotion of mining ghost towns that are widely being neglected across the world. We support historical sites and promote the rebirth of current mining ghost towns that...
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minnie
Black Hawk Mines Bulletin| Terms and Conditions
Black Hawk Mines Bulletin wants to further the discussion and welcomes your views. Comments on any post must be relevant, respectful of ...
Terms and Conditions blackhawk-mining.com
Black Hawk Mines Bulletin wants to further the discussion and welcomes your views. Comments on any post must be relevant, respectful of others and suitable for a general audience. Comments should not violate any laws, contain...
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Black Hawk Mines Bulletin| Privacy Policy
This Privacy Policy is applicable to Black Hawk Mines Bulletin. It explains how Black Hawk Mines Bulletin collect information from users ...
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This Privacy Policy is applicable to Black Hawk Mines Bulletin. It explains how Black Hawk Mines Bulletin collect information from users of this Blog and how we use such information. Your use of the Blog constitutes your...
minnie B. 15 days ago • minnie likes this.
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Black Hawk Mines Bulletin| Blackhawk Mines: Copper demand expected to rise
Two of the biggest mining firms in the world, Rio Tinto PLC and BHP Billiton Ltd are teaming up to invest over USD 4 billion to boost ...
minnie B. 15 days ago • minnie likes this.
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minnie
Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this ...
Black Hawk Mining Articles promotion.blackhawk-mining.com
Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this month, a different incident of obtaining gold nuggets earned the ire of locals. Two men...
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minnie
Black Hawk Mines: Small town suffers from gold heist promotion.blackhawk-mining.com
Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this month, a different incident of obtaining gold nuggets earned the ire of locals. Two men...
minnie B. 8 days ago • minnie likes this.
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minnie
Black Hawk Mining Articles | News & Promotions promotion.blackhawk-mining.com
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Category Archives: Black Hawk Mining
Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this ...
Black Hawk Mining Articles promotion.blackhawk-mining.com
Decades ago, huge quantities of gold was being pulled from this town, making it one of the richest place in California. But earlier this month, a different incident of obtaining gold nuggets earned the ire of locals. Two men...
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