Contents contributed and discussions participated by kira zeer - Mining Industry News and Reviews

Investment Banks Moving To Neutral on Mining Stocks - 0 views

investment banks moving to neutral on mining stocks

started by kira zeer on 22 Jul 13 no follow-up yet

#1 kira zeer on 22 Jul 13





“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.”- BHM promotion news

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.

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Walker Considers Revising Mining Bill (a black hawk mines reviews) - 0 views

promotion.blackhawk-mining.com/...t-means-more-jobs-in-wisconsin

black hawk mines reviews

shared by kira zeer on 27 Feb 13 - No Cached

kira zeer on 27 Feb 13

He (Gov. Scott Walker) would be willing to consider tweaks to last year's stalled mining bill, as long as the new measure results in actual mining jobs in Wisconsin, the goal of a new bill should be to create jobs. Walker was bordered by a number of Republican state lawmakers. Earlier in the day, Speaker-elect Robin Vos and Majority Leader Scott Suder, who were also flanked Walker, released a statement saying the first bill the will introduce this session will reform Wisconsin's mining laws. After moderate Republican Sen. Dale Schultz blocked a bill that had cleared the GOP- controlled Assembly, the Legislature couldn't reach agreement on a mining (http://blackhawkminesbulletin.blogspot.com) proposal. Republicans worked last year to help Gogebic Taconite open a huge iron mine near Lake Superior. To make it easier to open an iron ore mine in Penokee Hills Ashland in northwestern Wisconsin, Gogebic Taconite of Hurley had been lobbying for the bill. According to Walker, he thought the Assembly bill would be a good starting point for creating a new bill.

<div class="cArrow"> </div><div class="cContentInner">He (Gov. Scott Walker) would be willing to consider tweaks to last year's stalled mining bill, as long as the new measure results in actual mining jobs in Wisconsin, the goal of a new bill should be to create jobs. Walker was bordered by a number of Republican state lawmakers. Earlier in the day, Speaker-elect Robin Vos and Majority Leader Scott Suder, who were also flanked Walker, released a statement saying the first bill the will introduce this session will reform Wisconsin's mining laws. After moderate Republican Sen. Dale Schultz blocked a bill that had cleared the GOP- controlled Assembly, the Legislature couldn't reach agreement on a mining (<a href="http://blackhawkminesbulletin.blogspot.com" rel="nofollow" target="_blank">http://blackhawkminesbulletin.blogspot.com</a>) proposal. Republicans worked last year to help Gogebic Taconite open a huge iron mine near Lake Superior. To make it easier to open an iron ore mine in Penokee Hills Ashland in northwestern Wisconsin, Gogebic Taconite of Hurley had been lobbying for the bill. According to Walker, he thought the Assembly bill would be a good starting point for creating a new bill.</div>

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Hyves.nl | Tyrahawkins: Black Hawk Mines Bulletin - Blogspot - 0 views

tyrahawkins.hyves.nl/...uz6Q

blackhawk mines B06N black hawk mining corp

shared by kira zeer on 12 Sep 12 - No Cached

kira zeer on 12 Sep 12

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.

<div class="cArrow"> </div><div class="cContentInner">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.</div>

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