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By analyst By Andrew Topf A preliminary economic assessment (PEA) of the Ekati mine in Canada’s Northwest Territories has the iconic diamond operation staying open seven more years. Dominion Diamond Corporation (NYSE, TSX:DDC) said last week that spending $628 million going underground in the mined-out Fox open pit would involve processing 31.3 million tonnes of […]

By Samuel Taube Transcript: Samuel Taube: Joining us today is Rachel Gearhart. She’s the Managing Editor of The Oxford Income Letter and Wealthy Retirement, and you might recognize her work from The Oxford Insight. Rachel, thank you for joining us. Rachel Gearhart: Thanks for having me, Sam. ST: Today, we’re talking about founder-run companies and

By MN Gordon Lasting Debt “Rule one: Never allow a crisis to go to waste,” said President Obama’s Chief of Staff Rahm Emanuel in November of 2008. “They are opportunities to do big things.” Rahm Emanuel looks happy. He should be – he is the mayor of Chicago, which is best described as crisis incarnate.

By Kristin Orman We don’t shy away from controversy. And occasionally, it fires people up… Case in point: Almost six months ago, Steve McDonald’s “Slap in the Face” Award video about women and finances struck a chord with our readers. It wasn’t a good one. In the segment, Steve bestowed the award on all of

By Cory Central Banks, Metals, Currencies, and Political Turmoil Download audio file (0909-KE-Report-Weekend-Show-.mp3) We all thought the markets would get more interesting when traders got back after Labor Day and they delivered! We had announcements from a number of central banks most notably the EBC, Bank of Canada, and even a shakeup in the Fed.

By analyst By Frik Els Mining and metals investors were offloading the sector’s big names on Friday after sharp declines in iron ore and base metals prices which according to some market observers have been running ahead of fundamentals. While gold was trading at near 12-month highs on the back of safe haven buying, copper

By Brian Maher This post Who Will Be Left to Buy? appeared first on Daily Reckoning. “If the machines decide to sell, who is left to buy?” The renowned Doug Kass, president of Seabreeze Partners, would like an answer. So would many others… your editor included. “The machines” are computers running complex trading algorithms —

By Rob Otman CarMax (NYSE: KMX) is a large cap company that operates within the specialty retail industry. Its market cap is $13 billion today, and the total one-year return is 12.78% for shareholders. CarMax stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to

By Zach Scheidt This post Edge Alert: This “Anti-Dollar” Play Is A Screaming Buy! appeared first on Daily Reckoning. There’s a high-stakes battle going on right now… One that pits an activist billionaire against the CEO of a $237 billion dollar company. A battle featured in financial headlines and one that has commanded prime time

By analyst By Tumi Ntsoko Policy and regulatory uncertainty have frozen new investment in the sector, Baxter says. …read more Source:: MineWeb The post Mining industry ‘in crisis’ – Chamber of Mines appeared first on Junior Mining Analyst.