Sign in to follow this  
Followers 0
Marina Schwarz

Miners Can Get No Break

Recommended Posts

Just when miners began to recover from the commodity prices slump it's facing resources nationalism and higher costs on the back of higher oil prices. Rio Tinto's CEO has warned this is having an effect on investment decisions, which sounds like good news for metal prices. or bad news, depending on the perspective.

  • Upvote 1

Share this post


Link to post
Share on other sites

This is indeed a serious concern to us. One of our associates in Mexico, is in the process of getting his Mexican mining operation funded. They will start mining in about 120 days from now and my concern is, what will be the price of gold in 120 days from now? Will our Mexican friends make any money or lose it?

I will keep my fingers crossed hoping for the best.

  • Like 2

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0