2012-09-08

Uranium Prices Anticipated to Firm Up By Year-End: new section

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aggregate raymond mill Gold investors are of the opinion that inflation is actually bullish, and many of the metal��s lingering supporters are betting that central bankers may make inflationary decisions. But central bankers are growing increasingly wary of doing so. And while they do, the outcome may not be what market participants expect. Inflation is the erosion of buying power, a situation where a currency buys less than it once did. As a well hedge against inflation, gold guards against that loss in value. In theory, if you get $1, 000 worth of gold at a time when that chunk of metal can [http://www.oreminingmachine.net/products/aggregate-raymond-mill/ aggregate raymond mill]acquire 1, 000 loaves of bread, in the future, no matter how much bread prices have raised, you should still have the ability to get 1, 000 loaves. There is an undying debate whether gold truly acts in this capacity. The World Gold Council (WGC) says it orders. The WGC believes that despite all challenges gold has retained its purchasing power, and insists that economists have shown that to be true in the long run through both inflationary and deflationary periods. Investors in the gold space are seeking this kind of security. Their primary concern is to ensure a return on their capital. So, when the WGC is correct, those individuals appear to be on the right path. However, these investors�� ideas about inflation may end up being riskier than they realize. Global growth is slowing quite rapidly due to the Eurozone problem, and that is actually deflationary, says an annual inflation assessment produced by Richard Barkham, arranged research director at Grosvenor. ��Our conclusion is that there is no evidence of a build-up in inflation on the planet economy, �� the report says. But market participants are vying for central banks to do this that could be inflationary. They want central bankers to douse economies with monetary reward. Doing so, the argument goes, will debase the currencies in those economies, thereby driving visitors to acknowledge gold as a safe haven. ��Forthcoming monetary easing to be taken by central banks will probably spark higher inflation rates, which should benefit gold as a store of value, �� states an investigation note from Commerzbank. Similarly, Barclay��s analyst Suki Cooper is quoted in the London Gold Market Report as saying concerns over inflation and potential monetary easing look great for gold. But central bankers are holding off on easing measures, in part since they're wary of inflation. Last week, gold rose as investors expected that a lower-than-expected interest rate Chinese inflation could prompt stimulus. However, the Chinese central bank took no such movement. ��The [Chinese] central bank is still concerned about a rebound in inflation and that's relucatant to loosen too much on the liquidity side, �� said Xu Gao, a basic economist at Everbright Securities and former World Bank employee. On Tuesday, the US Labour Department released Producer Price Index data for July that exceeded expectations. That, coupled of the stronger-than-expected retail sales data, weighed on gold prices as the news is considered unlikely to nudge the government Reserve toward QE3. Central bankers are increasingly weighing the risks of unwanted inflation the actual true impacts of stimulus. One problem that central banks have to wrestle with would be that the monetary easing measures that they have employed thus far have given them little control of where the money goes after they create it. As a result, central bankers are actually having to acknowledge that stimulus can fail to stimulate where needed. Jeffery Lacker, president along the Richmond Federal Reserve bank, opposed an extension of Operation Twist on those grounds. ��A significant increase in inflation could threaten the Fed��s credibility and make it more difficult to offer the Fed��s long-run goals, �� he said. Another problem for gold investors expecting to benefit from inflationary measures is that although some central bankers care about adverse effects, there is no guarantee as to what will happen. People often discuss inflation enjoy it is an individual with predictable moods, but that is not the case. ��The relationship between inflation additionally the money supply is quite uncertain in the short and medium term but, given recent massive expansion of the central bank balance sheets, it is worth keeping an eye balls on, �� Barkham��s report says. Even if central banks ease, the temporary boost from stimulus that gold investors may need will likely be short lived. The markets largely seem to ignore that this current dependence on stimulus has tended to play out like an addiction to anything else: you have a high, but revert back to being a fiend if you do not get and a second hit. The currently-awaited bout of quantitative easing from the Fed is referred to therefore QE3. The gold market has yet to sustain itself on just monetary policy, additionally the inflation that many have predicted has yet to materialize.

aggregate raymond mill Gold investors are of the opinion that inflation is actually bullish, and many of the metal��s lingering supporters are betting that central bankers may make inflationary decisions. But central bankers are growing increasingly wary of doing so. And while they do, the outcome may not be what market participants expect. Inflation is the erosion of buying power, a situation where a currency buys less than it once did. As a well hedge against inflation, gold guards against that loss in value. In theory, if you get $1, 000 worth of gold at a time when that chunk of metal can [http://www.oreminingmachine.net/products/aggregate-raymond-mill/ aggregate raymond mill]acquire 1, 000 loaves of bread, in the future, no matter how much bread prices have raised, you should still have the ability to get 1, 000 loaves. There is an undying debate whether gold truly acts in this capacity. The World Gold Council (WGC) says it orders. The WGC believes that despite all challenges gold has retained its purchasing power, and insists that economists have shown that to be true in the long run through both inflationary and deflationary periods. Investors in the gold space are seeking this kind of security. Their primary concern is to ensure a return on their capital. So, when the WGC is correct, those individuals appear to be on the right path. However, these investors�� ideas about inflation may end up being riskier than they realize. Global growth is slowing quite rapidly due to the Eurozone problem, and that is actually deflationary, says an annual inflation assessment produced by Richard Barkham, arranged research director at Grosvenor. ��Our conclusion is that there is no evidence of a build-up in inflation on the planet economy, �� the report says. But market participants are vying for central banks to do this that could be inflationary. They want central bankers to douse economies with monetary reward. Doing so, the argument goes, will debase the currencies in those economies, thereby driving visitors to acknowledge gold as a safe haven. ��Forthcoming monetary easing to be taken by central banks will probably spark higher inflation rates, which should benefit gold as a store of value, �� states an investigation note from Commerzbank. Similarly, Barclay��s analyst Suki Cooper is quoted in the London Gold Market Report as saying concerns over inflation and potential monetary easing look great for gold. But central bankers are holding off on easing measures, in part since they're wary of inflation. Last week, gold rose as investors expected that a lower-than-expected interest rate Chinese inflation could prompt stimulus. However, the Chinese central bank took no such movement. ��The [Chinese] central bank is still concerned about a rebound in inflation and that's relucatant to loosen too much on the liquidity side, �� said Xu Gao, a basic economist at Everbright Securities and former World Bank employee. On Tuesday, the US Labour Department released Producer Price Index data for July that exceeded expectations. That, coupled of the stronger-than-expected retail sales data, weighed on gold prices as the news is considered unlikely to nudge the government Reserve toward QE3. Central bankers are increasingly weighing the risks of unwanted inflation the actual true impacts of stimulus. One problem that central banks have to wrestle with would be that the monetary easing measures that they have employed thus far have given them little control of where the money goes after they create it. As a result, central bankers are actually having to acknowledge that stimulus can fail to stimulate where needed. Jeffery Lacker, president along the Richmond Federal Reserve bank, opposed an extension of Operation Twist on those grounds. ��A significant increase in inflation could threaten the Fed��s credibility and make it more difficult to offer the Fed��s long-run goals, �� he said. Another problem for gold investors expecting to benefit from inflationary measures is that although some central bankers care about adverse effects, there is no guarantee as to what will happen. People often discuss inflation enjoy it is an individual with predictable moods, but that is not the case. ��The relationship between inflation additionally the money supply is quite uncertain in the short and medium term but, given recent massive expansion of the central bank balance sheets, it is worth keeping an eye balls on, �� Barkham��s report says. Even if central banks ease, the temporary boost from stimulus that gold investors may need will likely be short lived. The markets largely seem to ignore that this current dependence on stimulus has tended to play out like an addiction to anything else: you have a high, but revert back to being a fiend if you do not get and a second hit. The currently-awaited bout of quantitative easing from the Fed is referred to therefore QE3. The gold market has yet to sustain itself on just monetary policy, additionally the inflation that many have predicted has yet to materialize.

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== Sterling silver Does a Triple Take, Then Rises ==

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kaolin process equipment The trough of the market for thermal coal has even been reached, says the chief executive of Xstrata (LSE: XTA), the world��s largest exporter of thermal coal incorporated into power plants. Commenting on the Swiss miner��s half-year earnings report in London last entire week, CEO Peter Freyberg said, ��I think the market probably bottomed about a month ago and there��s been steady improvement during four or five weeks, where we��ve seen thermal prices increasing by $US5 or $US6 take advantage of the spot market. �� Thermal coal prices have dropped about 18 percent since the introduction of the year, slipping under $90 a tonne in June for a two-year low, but have since recovered close to $93 a tonne according to data sourced on Business Recorder. The softening in price for both thermal coal and metallurgical coal used in steelmaking �� which is down over 20 percent forever of July �� can be traced to two main pr[http://www.oreminingmachine.net/nonmetal-application/kaolin-process-equipment/ kaolin process equipment]oblems: slack demand and oversupply. As Coal Investing News explained with the end of June, both Chinese and European markets, key consumers of the fossil energy resource, have struggled to keep demand ahead of supply as economic slowdowns in Europe or possibly China, as well as increased exports from coal-producing countries, have taken hold. Australia, the most significant coal exporter, has continued to load ships at its largest port, Newcastle, even not so customers, mainly in China, dwindle due to slowing industrial output in that country. Inventories are piling up in China as utilities find they've got more fuel than they need, further depressing prices. However, according to Xstrata��s Freyberg, a coal recovery is liable coming in 2013, and will be ��underpinned by rising oil prices and a cut of exports from the US, where some producers [are] now ��out of the money��, have got Colombia, due to industrial unrest. �� That assessment is shared by commodities analysts on Macquarie Research, who noted that thermal coal prices have stabilized, mainly due to The german language stockpiles falling as domestic shipments are curtailed, reported The Sydney Morning Herald. BHP, Rio, Xstrata just about any cutting jobs in Queensland As the market waits for that to happen, it would seem major coal companies operating in Queensland, the heartland of the Australian coal industry, usually are not tightening their belts. On Monday, Yancoal Australia (ASX: YAL), the largest Chinese-controlled company on the Australian stock exchange, announced that it is reducing costs across its seven mines in Nsw and Queensland and is reviewing expansion plans. ��The next few months will be can be challenging company as lower coal prices and the strong Australian dollar impact the business, �� stated Yancoal CEO Murray Bailey. Central Queensland News reported last week that BHP Billiton, facing exactly the same problems as Yancoal, along with increased operating costs compared to competitors in South The african continent and Colombia, is slashing 100 contractor jobs from the dozen mines it operates on your Bowen Basin through its BHP Billiton Mitsubishi Alliance (BMA). BMA also closed one mine trapped on video tape. Rio Tinto announced that it is cutting an unspecified number of contract jobs on its Kestrel and Clermont mines, and earlier this month said it will close the aging Blair Athol mine before the end of the season, a move that will affect 140 workers. Xstrata also said last week that these are laying off contractors at its coal operations in Australia, without specifying numbers. Colombian prepare strike over Adding to the supply glut, a 25-day railway strike in Colombia ended the other day, softening European coal prices. Reuters said physical prompt coal prices moved down by 25 to 50 cents per tonne on Friday since railway operated by Fenoco said it will resume moving freight. The strike on the country��s main railway cut exports by over fifty percent. Drummond International, Colombia��s fourth-largest largest coal miner, released a statement saying the strike retained 80, 000 to 85, 000 tons a day from leaving its load-out facility and said that and thus it will be significantly reducing its operations in the country. US coal exports throw themselves record In the United States, where cheap natural gas has usurped coal as the fuel of preference for many utilities, exports of coal and liquid fuels (gasoline and diesel) are commenced break records this year, according to The Associated Press. The AP reported that coal shipments for export are rising because US necessity of coal is falling. In June, shipments of coal reached a new record of 12. 8 mil tons. Gas and diesel exports are increasing because US refiners are able to source cheap gas due to booming production in Canadian and American oil patches. India squandered billions by using a selling coal fields India, which has faced a severe shortage of coal for power generation and ultimately month suffered a blackout that affected a staggering 600 million, is now dealing with another barrage of criticism after it was revealed the government lost a bunch of money by selling coal fields to private companies without competitive bidding. According to a piece of writing released Friday by the country��s auditor general, private companies received $34 billion in windfall profits considering that low prices they paid for the 142 coal fields sold since 2004 to professional and state-run companies. Company news Mining at Prophecy Coal��s (TSX: PCY, OTCQX: PRPCF) Ulaan Ovoo operation in Mongolia might have been temporarily suspended because the current stockpile of 187, 000 tonnes is insufficient to meet contractual obligations for the remainder of the year, the company announced on August 9. About 80 staff members were lay off, and the shutdown is expected to last about six months unless new agreements play a entered. US coal giant Alpha Natural Resources (NYSE: ANR) took a $2. 2 billion hit in the second quarter when compared to a $50 million loss in the same period during 2011. Virginia-based Alpha, which acquired Massey Strength in 2011 for $7. 1 billion after an accident at the Upper Big Place of work mine, recorded an asset impairment charge of $1 billion partly related to the idling if operations in Eastern Europe. It also took a $1. 5 billion impairment charge in connection with lower-than-expected shipments and poor market conditions.

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== Silver Miners Confident Despite Less expensive costs ==

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indonesia coal dressing equipment Brazil��s agricultural sector continues to animate the phosphate promot. Rising incomes in the predominantly commodity-based economy have increased the quantity of food consumed by millions of Brazilians in contrast as the country is leading the world in production and exports of coffee, meats, sugar and poultry. But Brazil��s economy has hit the skids of late, with the country��s GDP growth slowing to at least one percent in the first half of 2012, the lowest of all BRIC nations that has a sharp fall from last year��s 2. 7[http://www.oreminingmachine.net/nonmetal-application/indonesia-coal-dressing-equipment/ indonesia coal dressing equipment] percent and 2010��s 7. 5 percent. External its slow growth, food inflation rates are creeping higher and are reducing domestic consumption per country where more than 26 percent of the population lives below the poverty set. Phosphate producers believe they can be of help to Brazil as it seeks to grow its agricultural production while bringing more land under intensive cultivation. Food inflation Brazil��s record agency, IBGE, reported earlier this month that production in the country��s agro-industrial sector lost his balance 3. 9 percent in the first half of 2012 compared with the same period the previous year. Sugarcane and soybean crops have been most affected this year, with refined sugar m sugar-based ethanol production falling by 32. 4 percent thus far, adding to the opinion of global corn prices, which increased by as much as 15 percent in ppos quarter. The net effect, reported Carlos Hamilton, Brazil��s central bank director of economic policy coverage, was that food prices rose by 0. 88 percent in July alone. Brasil The food you eat (NYSE: BRFS), one of the country��s largest food retailers and the world��s largest animal meat exporter, saw revenues rise by 9 percent over last year due mainly to more advanced domestic pricing. The company��s CEO expects to raise prices by another 5 to 10 percent to be able to account for rising animal feed prices. This inflationary impact, coming through corn and wheat gluten prices, is particularly acute for citizens in emerging markets, who spend 25 to 50 percent in this income on food, compared to 7 to 10 percent US citizens spend. Brazil��s solution to this challenge will be to grow incomes while unleashing the country��s agricultural capacity. Brazil��s natural assets �� 14 percent of the world��s fresh water and 11 percent of its arable land �� have already played a corner in the country��s growth, and it currently stands behind only the US in potatoes and soybean production and exports globally. Recently, corn production and exports have increased in the states wake of drought in US corn markets, with significant corn exports flowing to the normal world��s largest corn producer, the US. Exports to that country are not expected to seem sustained. Land values have also increased steadily over the last year, with Brazilian farm operator SLC Agricola seeing an 18 percent increase in the significance of its 220, 000-hectare holdings, Agrimoney. com reported. The combination of rising food costs, variable production growth and increasing land values is always entice phosphate producers seeking to supply Brazil��s expected agri-business expansion. Brazil��s phosphate expansion Acquiring recent months of crop and price volatility, Bert Frost, senior vice president of the industry and market development at CF Industries, predicted that increased phosphate application will follow this could fall. ��[W]e��re anticipating an increase in fertilizer, both nitrogen and phosphate in South America into a, achieve higher yields and two, due to higher acres planted, �� Frost said recently. Both major and junior phosphate producers are gearing up for continued phosphate demand. Vale (NYSE: VALE), Brazil��s greatest mining company, increased its phosphate rock production by 8. 5 percent this year, identified sought both domestic and foreign sources to supply Brazil��s growing phosphate demand. The majority of this production output begun overseas, specifically the company��s Peruvian Bay��var project, which posted a 10 percent increase within a rock phosphate production, topping 2 million tonnes in the second quarter. Vale has further targeted 9. 6 percent of its total US$21. 4 billion planned budget for 2012 on phosphate rock and potash in Brazil, targeting 8 million tonnes of phosphate rock creating in 2012. Eagle Star Minerals (TSXV: EGE) has also grown its presence in South america, reporting a $750, 000 private placement earlier this month, which it plans to low toward developing its phosphate projects �� Bomfim, Ruth and Samba. Rio Verde Minerals Technology (TSX: RVD) is also focused on developing Brazil��s internal phosphate reserves after acquiring tenacious Fosfatar phosphate project from Fosfatar Minera?? o on September 12, 2011. All three companies will probably benefit from this week��s announcement that Brazilian President Dilma Rousseff will earmark approximately US$66 billion when using infrastructure investment strategy aimed at developing roads, ports and rail infrastructure to connect the with global markets.

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== Uranium Prices Anticipated to Firm Up By Year-End ==

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coal mining in india Prices remained flat this week while news broke that China allows a higher volume of rare earth element (REE) exports than last year. Chinese move quotas raised China��s government has eased restrictions on REE exports for the first e[http://www.oreminingmachine.net/knowledge/commercial-coal-mining-in-india/ coal mining in india]veryday life since 2005. The country��s Ministry of Commerce confirmed that it will permit a development in rare earth export volume equivalent to a 2. 7 percent increase from 2011 �C a huge of 30, 996 metric tons. The news, however, is unlikely to have a profound effect available for sale as over the past two years, China has not come close to exporting in terms of it is permitted. Mark Smith, CEO of Molycorp (NYSE: MCP), the US company fitting in with ramp up production at its Mountain Pass, California mine, said in an interview elevates the Wall Street Journal, ��[t]he export quotas are not all that meaningful anymore. �� Smith added that Molycorp estimates that domestic Chinese demand absorbed 70 percent of the identical country��s rare earth oxide (REO) output in 2011, up from 60 percent the out of date year. The company believes that Chinese industrial demand for REEs is growing as thanks to Beijing clamping down on domestic miners, a move that could reduce REO production by 20 percent the year 2010. ��We think the real story is [Chinese] production quotas, not export quotas, �� Mason said. Producer��s earnings fall Inner Mongolia Baotou Steel Rare-Earth (SSE: 600111), the largest REE vendor in China, announced that its net profit fell by over 20 percent in the first half of this year from a short time ago. The company confirmed that it achieved a net profit of 1. 6 billion yuan ($252 million) unfortunately first six months of 2012 and attributed the dip to falling prices and a world slowdown in demand. ��The slowdown in the economy has dragged down demand for rare-earth software programs, �� said Chen Zhanheng, deputy secretary-general of the China Rare-Earth Industry Association, in the job interview with Global Times. To cut costs amid the faltering economy, many industries have sampled substitutes for rare earths or using less of them during production, he said. After the company��s net profit remains impressive from an investor aspect, news of the earnings decline has strengthened market speculation an company may cut or even suspend production to stabilize prices. Dysprosium-free magnet discovery New laptop (TSE: 6502) announced that it has developed a samarium-cobalt magnet that has a high iron concentration and does not dysprosium, a REE that is becoming increasingly expensive and is in extremely short make available to you. The announcement is significant in that magnets are the fastest growing REE demand market place, accounting for 24 percent of consumption. In a company press release, Toshiba stated in which at typical operating temperatures, the samarium-cobalt magnet has superior magnetic properties to the heat-resistant neodymium magnets currently utilization in motors. ��Current sources of dysprosium are limited, and recent export limitations and price climbs up are raising global concerns for future shortages. In these circumstances, the development of dysprosium-free high performance magnets that offer a strong magnetic force at high operating temperatures is a crucial objective for industry, �� it said. Toshiba has verified the performance of the new magnet when utilized for motors for automobiles, locomotives, machine tools and elevators, and has confirmed that it has almost the same capabilities as heat-resistant neodymium magnets of the size. It aims to start mass production of the magnet at the end of this current fiscal year and will promote its use in all applicable equipment. Market body round-up The rare earth market has seen little actual business this week as suppliers and buyers both monitored the marketplace while waiting for clear direction, Metal-Pages reported. Trade in cerium was described by tradesmen as ��very slow, �� with consumers trying to negotiate prices at the lower day the $17 to $20/kg range. The praseodymium/neodymium market has seen thin trading, although some suppliers raised offer prices recently. Prices of about $58, 200/tonne for 99 percent praseodymium/neodymium oxide have not attracted customers, while prices of $56, 300/tonne are being accepted by some. Dysprosium oxide prices can be steady, although many suppliers have increased offer prices. Prices of 99. 9 percent lanthanum oxide have been getting a downward trend. Prices of $10, 530/tonne have been accepted by some purchasers. Market players are expected to be cautious over the coming months a consequence of weakening downstream demand, though some expect the second round of Chinese stockpile purchasing compliment prices. Company news Stans Energy (TSXV: HRE) announced that it has commenced core going at its Kutessay II project. Last year, Stans drilled the Kutessay II deposit to sample the depth extension of known mineralization and confirmed that the historic past-producing heavy REE deposit is constantly on the depth. The 2012 exploration drilling program consists of up to 10 drill holes acupuncture first existing open-pit outline, which will allow the new zone to be included in soon after resource calculations. Great Western Minerals Group (TSXV: GWG) reported that its application for prospecting rights from where the Steenkampskraal monazite mine has been successfully appealed. The company made the application for prospecting rights for 547 square kilometers surrounding the Steenkampskraal site, according to a press release. Great Western believes that the majority known monazite outcroppings outside the mine site area warrant exploration work. The company��s knight in shining armor and CEO, Jim Engdahl, labelled the appeal process a ��critical win�� as it allows you to company to extend the Steenkampskraal exploration program past its current boundaries. Gold Canyon Utility bills (TSXV: GCU) announced that the second phase of exploration has begun at its Chambe Pot REE project in Malawi. The company confirmed that work will involve the drilling of 167 shallow core holes even on a staggered 200 meter grid across the Chambe Basin. Mitsui Mineral Development Engineering Company of Japan is the operator of the program and will undertake metallurgical testing of clay samples from the holes to see the leachability of REEs and the quality and composition of resulting REE carbonate concentrates. Work drained 2012 is expected to advance the REE project toward prefeasibility by mid-2013.

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