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The Outlook for Mining M&A

It’s no secret that mergers and acquisitions (M&A) activity in the mining sector is in the dumps.  According to PWC, deal volume in the first half of 2013 declined 31% as compared to the same period last year. Deal value declined 74%. Excluding Glencore’s $54 billion acquisition of Xstrata in 2012, deal value is still … Continue reading

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When Stalking Juniors, Follow the Leaders

The bear market in precious metals equities will end soon, says Jordan Roy-Byrne, editor and publisher of The Daily Gold Premium, perhaps even by the end of the year…..

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TDG Silver Producers Index Update

TDG Silver Producers index contains 13 silver producing companies. The index is partially weighted towards market cap. Click the image to enlarge.

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The Zinc Index Turns Bullish

Zinc seems to be getting a mention everywhere these days. I talked last week about how analysts Wood Mackenzie have said zinc will be the star of the base metals complex over the next few years….

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Gold Stocks Continue Bottoming Pattern

A month ago we noted that the gold stocks were headed lower and to a potential double bottom that would create another great buying opportunity. After seven straight weeks of price declines, the gold stocks rebounded last week and are off to a good start this week. We can’t be sure if a double bottom … Continue reading

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Less Upside in America than Elsewhere

This chart shows profits relative to GDP. In other words, it shows profit margins. Combine America’s record profit margins with high valuations and its a recipe for poor returns over the next five years. Conversely, profit margins in the rest of the world are much lower (so there is expansion potential). Valuations in emerging markets … Continue reading

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