News

Common Sense Commentary from Chris and Doc – Tue 24 Apr, 2018

Chris and Doc counsel patience, home work and good, old-fashioned investing Chris and Doc discuss the overall markets having in the recent past become far more volatile and uncertain. Because of this, in part, it’s a time to be patient and–among other things–to rediscover old-fashioned investing principles. Both are animated a fair bit by the […]

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Anglo delays Minas Rio restart until year-end, losing about $400 million

Anglo American (LON:AAL) won’t resume production at its massive Minas Rio in Brazil until the fourth quarter of 2018 due to two pipeline leaks that forced it to halt operations, an which has already caused the miner an annual group earnings (EBITDA) loss of $300 to 400 million. The announcement, the last of a string

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Eurasian Resources flouted the rights Congolese villagers: UK report

The UK National Contact Point released a report today where it states that Kazakh mining giant Eurasian Resources Group flouted the rights of thousands of people living on its cobalt and copper concession in the Lualaba province of the Democratic Republic of Congo. According to the UK government body for the OECD Guidelines for Multinational

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Commodities Are Flashing a Once-in-a-Generation Buy Signal

Since the commodities supercycle began unwinding 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices. I believe those conditions are either firmly in place right now or, at the very least, in their early stages. Among them are factors I’ve discussed at length elsewhere—a weaker

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Randgold expects Kibali gold output to rise thanks to automation

Africa-focused gold producer Randgold Resources (LON:RSS) said Monday it its Democratic Republic of the Congo mine to achieve full production guidance this year, following the commissioning of its underground operation’s automated material handling system. The company, which has five operating gold mines across west and central Africa, said Kibali is expected to generate 730,000 ounces

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