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By analyst By Cecilia Jamasmie Mining giant Rio Tinto (LON, ASX:RIO) has scaled back its annual targets for Australian iron ore shipments and steelmaking coking-coal production this year as bad weather and ongoing work to modernize its rail lines have hit operations. Rio said it would export 330m tonnes of iron ore in 2017, rather […]

Source: Heiko Ihle of Rodman & Renshaw 07/18/2017 With core drilling and underground development nearly complete at its Canyon Mine and progress noted in other aspects of this company’s business, Rodman & Renshaw analyst Heiko Ihle provided an update to investors. Energy Fuels Inc. (EFR:TSX; UUUU:NYSE.MKT) “continues to advance its pipeline of assets while maintaining

By James Rickards This post How Governments Can Kill Cash appeared first on Daily Reckoning. The global elites are using negative interest rates to do the same thing as inflation — make your money disappear. One way to avoid negative interest rates is to go to physical cash. In order to prevent that option, the

By analyst By Frik Els The price of zinc continued its good run on Monday, rising to $2,825 a tonne after a report showed the market moving deeper into deficit. Zinc has advanced 10% year to date, building on a 60% rally in 2016, the best performing commodity of last year. The global lead market

By analyst By Tracy Wade The purchase would have given the company access to a key export facility in one of the largest coal-producing countries. …read more Source:: MineWeb The post Vitol drops plan to buy Gupta stake of Richards Bay Coal Terminal appeared first on Junior Mining Analyst.

By Keith Weiner Hostages of Irredeemable Scrip Stockholm Syndrome is defined as “…a condition that causes hostages to develop a psychological alliance with their captors as a survival strategy during captivity.” While observers would expect kidnapping victims to fear and loathe the gang who imprison and threaten them, the reality is that some don’t. Images

By Brian Maher This post The Third Front in the War on Cash appeared first on Daily Reckoning. The armies of the cashless society have trapped the heroic but overmatched cash note in a classic pincer movement… Governments advance against the entrenched center… The banks move against one vulnerable flank… Now the credit card companies

click to enlarge As I’ve Gold got a boost Friday on weaker-than-expected inflation and retail sales figures, casting doubt on the Federal Reserve’s ability to continue normalizing interest rates this year. Consumer prices rose slightly in June, at their slowest pace so far this year. The consumer price index (CPI), released on Friday, showed the

By Alexander Green In my last column, I discussed New York Times columnist Robert Frank’s book Success and Luck and his claim that there is no real meritocracy in this country. In his view, what best explains the difference between the economically successful and the economically unsuccessful – the so-called “haves” and “have-nots” – is

By analyst By Cecilia Jamasmie Canada’s Dominion Diamond Corp. (TSX, NYSE: DDC), the world’s third largest producer of rough diamonds by value, said Monday it has accepted The Washington Companies sweetened cash takeover bid presented last week. The privately held Montana-based firm is offering $14.25 per share for all shares of the diamond producer, which