By Michael Coulson
The chance of quick riches provides the mining region an visible glamour. And while the mining zone starts off to run it may be an amazing sight and the thrill generated could be each piece as seductive and heady as that which enveloped markets in the course of the net increase. yet as a result of the counter-cyclical nature of many mining shares, they could additionally supply a precious shelter whilst inventory markets flip down. during this e-book, Michael Coulson supplies a masterly assessment of the field, explains either the rewards and the pitfalls of making an investment in mining stocks and argues convincingly that mining should still once more shape a center zone for all traders. The e-book is for somebody attracted to mining, and especially mining as an funding. while it comprises fabric so one can be precious to even skilled fans of the sphere, its major objective is those people who are drawn to mining yet possibly now not quite acquainted with the field, and want to be aware of extra. the entire topics are lined which are funda
Read or Download An Insider's Guide to the Mining Sector: An In-Depth Study of Gold and Mining Shares (Na) PDF
Similar mining books
Libya has the most important petroleum reserves of any kingdom in Africa and because creation started in 1961 over 20 billion barrels of oil were produced. Libya is scheduled to arrive the mid-point of depletion of reserves in 2001 and this offers a well timed element at which to study the nation of petroleum exploration in Libya.
Now increased to incorporate the tale of nuclear trying out and its results, Uranium Frenzy has turn into the vintage account of the uranium rush that gripped the Colorado Plateau area within the Nineteen Fifties. Instigated through the U. S. government's want for uranium to gasoline its becoming atomic guns application, influenced through Charlie Steen's profitable Mi Vida strike in 1952, manned by way of rookie prospectors from all walks of lifestyles, and pushed to a fever pitch by means of penny inventory promotions, the increase created a colourful period within the 4 Corners sector and Salt Lake urban (where the inventory frenzy used to be situated) yet eventually went bust.
Petroleum Geoscience is a complete creation to the appliance of geology and geophysics to the quest for and construction of oil and fuel. Uniquely, this ebook is based to mirror the sequential and cyclical approaches of exploration, appraisal, improvement and construction. Chapters devoted to each one of those features are additional illustrated by way of case histories drawn from the authors stories.
- Quarrying Opencast and Alluvial Mining
- Machine Learning and Data Mining in Pattern Recognition: 12th International Conference, MLDM 2016, New York, NY, USA, July 16-21, 2016, Proceedings
- Dictionary of Mining, Mineral, and Related Terms
- 33 Men: Inside the Miraculous Survival and Dramatic Rescue of the Chilean Miners
- Shale Shaker and Drilling Fluids Systems:: Techniques and Technology for Improving Solids Control Management
- Rough Sets, Fuzzy Sets, Data Mining and Granular Computing: 13th International Conference, RSFDGrC 2011, Moscow, Russia, June 25-27, 2011. Proceedings
Additional info for An Insider's Guide to the Mining Sector: An In-Depth Study of Gold and Mining Shares (Na)
Precious metals The other area we will look at is the precious metals sector, including gold. Gold is a metal with characteristics which mean that it can perform very well during times of economic weakness if that weakness is accompanied by inflation and/or strains in the financial system. It also does have linkages with the economic cycle, as one of the key areas of consumer demand for gold is jewellery. Other precious metals, particularly platinum, are influenced by consumption driven economic growth, although platinum is seen as something of a technological metal which does give it some ability to outperform the economic cycle.
Its central importance to the economy is unarguable, but this does give it a high profile, and because of that it is currently in the firing line of both government and political groups seeking to siphon off its cash flow. During the apartheid era most South African mining companies could be counted on to pay out good dividends as a counter to the perceived political risk. These days, dividend flows from South African companies, with the possible exception of the fairly full distributions of the platinum companies, are more modest as companies seek to emphasise the growth prospects of retaining earnings for expansion.
In the course of this a number of new mining 9 An Insider's Guide to the Mining Sector companies have sprung up, ARM, which amongst a wide portfolio of assets has a 16% stake in Harmony Gold, is probably the best known. However, there are a number of problems associated with these deals. The main one is the question of how they are financed, as many of the interested groups do not have the resources to make straight asset purchases. The most usual route is for the empowerment group to borrow money to make the purchase, using the cash flow from the asset to pay interest and principal.