The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said to contain enough oil to rival the Bakken Formation of North Dakota and Montana.
The total yearly amount of molybdenum mined and consumed is 500 million pounds. What does that amount look like? Well it's 150 meters x 150 meters x 1 meter high. That is not much at all. One huge project could easily consume this all.
Oil and gold fall and the dollar strengthens as war breaks out in the Caucasus and inflationary expectations are dampened based on continuing weakness in the global economy. Mining shares are faring even worse. RI talks to two experts to gain some valuable insight, perspective and an eye on opportunities.