While many miners have capitalized on gold’s bull, as a group they’ve struggled controlling costs. And in balancing external forces they can’t control with internal forces they can, these cost challenges have limited their ability to grow margins.
In the past couple of years the European Union has been increasingly focused on issues concerning strategic materials, including the REEs, and in that context, Norra Kärr is seen within the EU as a strategic asset.
It’s a huge opportunity for some great capital gains, but changing regulations, and a very attentive mainstream audience questioning business practices that have been in effect for decades, will will make it choppy water for investors.
Our agriculture system is concentrated on producing a very few staple crops; there is a very serious lack of crop diversity. If we get hit by an unusually bad harvest in a particular region, or a severe weather phenomenon strikes, food supplies can get totally out of control.
Taking all the various factors into account, I am bullish on the copper price in the near term. A general range of $3.50-$4.00 per pound in 2012 will provide high margins for producers and stimulate mine production.
Natural gas has been your worst nightmare of a commodity since its peak at $14 in 2008, then riding on crude's coattails in its infamous run to $149/barrel. Since then, natural gas has cratered 80%, and is down 37% from its 2011 top.
Unlike oil, natural gas is now abundant relative to demand thanks to what's been found in large shale reservoirs underlying the surface. And gas's radically-changing fundamentals have put downside pressure on its price.
Among the specters lurking in the ShadowStats.com editor's gloomy outlook for the US are the demise of the dollar, hyperinflation and the ongoing lack of political will to take sound corrective measures.
Western Potash Corp.has received an independent positive prefeasibility study from AMEC Americas Ltd. on its 100%-owned Milestone property in Southern Saskatchewan for possibly more than 40 years at a production rate of 2.8Mt/yr.