Insider Secrets

Insider Secrets

Learn how the PROs are making money from the oil and energy market.

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Finance

  • How To Save $100 Million In A Commodities Downturn

    The recent decline in commodities prices has stung a lot of companies and investors. But at least one firm is now benefitting from the downturn in the resources sector. That's Chinese miner MMG. Which said this week that lower metals prices and a cooler commodities industry will make development of new projects a lot cheaper. Australian press reported that MMG expects to save a significant amount on building its Dugald River zinc, lead and silver mine in Queensland. Perhaps as a much as $100 million. Related: Ongoing Security Concerns In Kurdistan Have Oil Companies On Edge That's because of costs for…

  • Low Prices And Mounting Costs Slam Platinum Producers

    Signs of major problems in the platinum sector last week -- showing that low prices and difficult production conditions are finally catching up with supply. The announcement came from the world's third-largest platinum producer Lonmin. With the company saying that it will idle a substantial portion of its operations in response to depressed market conditions. Lonmin said it will close two of its production shafts in South Africa. And temporarily idle three others. Related: Top Factors Undermining Any Oil Price Recovery The result will be a significant cut in Lonmin's overall platinum output. With production expected to drop by 100,000 ounces…

  • This World-Leading Copper Resource Is Getting A Tax Break

    Very welcome news yesterday for one of the world's largest copper mining districts. That's the Kupferschiefer of Poland -- a deposit that produces 425,000 tonnes of copper metal yearly. Not one but two of Poland's leading political parties came out in support of cutting taxes for mining in the Kupferschiefer. Making it look all but assured that at least some operations here are going to get more profitable, very quickly. Related: Saudis Expand Price War Downstream The prospect of tax reforms in the Kupferschiefer was kicked off by the country's Law & Justice political party. Which said on its Twitter account…

  • China’s Stock Market Meltdown Not Over Yet

    After a few weeks of stabilizing, China’s stock markets are once again in turmoil. China’s stock markets peaked in June following a dramatic spike over the past year. But then the markets suddenly spiraled out of control in mid-June, falling by around 30 percent in just a few weeks. After aggressive intervention by the Chinese government to stop the bleeding, including suspending large market players from trading for six months, injecting new liquidity into the market, and slashing interest rates, the crisis seemed to subside. Companies also put off fresh IPOs and many suspended trading in order to prevent their…

  • Aluminum Markets Could Be In For A Price Rebound Soon

    Things look lethargic across the commodities complex right now. With demand for gold, oil, and copper all having come under pressure of late. But the market this week got some news of an unexpected surge in demand for one metal. Aluminum. Related: Texas Weathers The Oil Slump Better Than Expected As reported by Platts, major producer Norsk Hydro said that global demand for aluminum soared during the second quarter of 2015. Rising 15% as compared to the first quarter of the year, to 14.8 million tonnes. The Q2 demand figures were also up on a year-on-year basis. Being 5% higher than…

  • Land Values Are Set To Skyrocket In This New Oil Region

    While the drop in oil prices effectively means no drilling for now in Canada’s biggest shale reserves, we’re looking at some of the cheaper, smaller plays that can move forward despite the slump in Saskatchewan’s Northern Williston Basin, with a four-well drilling plan getting under way as early as this month at Bannock Creek and land values set to skyrocket with the first discovery.Saturn Minerals (TSXV:SMI) and its JV partner are defying the oil price slump by launching a four-well conventional drilling program after successful 2D seismic pinpointed 10 locations for potential light oil traps in the stacked Red River,…

  • Propell Technologies Attracts $9.75 Million For Its Plasma Pulse Technology

    Propell Technologies Group (OTCQB: PROP) announced on July 8 it secured a $9.75 million investment from Ervington Investments, whose ultimate beneficial owner is businessman Roman Abramovich, a . The Houston-based company has a patent-pending technology that allows for increased oil recovery from existing wells, using a plasma pulse.There are a variety of ways to increase output of petroleum wells already in production. Traditional “enhanced oil recovery” (EOR) techniques include injecting water, CO2, or chemicals into an oil well to increase pressure and extract more oil.EOR is a common practice in wells that start to see their production levels slip. Some…

  • This $16 Billion Fund For Gold Mining Could Shift Market Dynamics

    One of the world's largest sources of funding for gold miners was announced this weekend. But you have to be in the right part of the globe to grab a piece of the investment cash. China announced that it is leading a massive fund-raising for gold projects. With the country's Shanghai Gold Exchange (SGE) expected to help create a pool of capital totaling 100 billion yuan -- or about $16.1 billion dollars.The news came at a major trade and investment forum in China's northwest Xi'an City. With officials from China's Industrial Fund Management Company here saying that the billion-dollar fund…

  • “Bigger Than The Bakken: Energy Companies Setting Their Sights On Argentina”

    Argentina is quickly becoming the venue for the next shale boom, and now the race is on to get in on the oil and gas potential, with Russian Gazprom staking out the place, while investors wonder how they can play this momentous game.If there were any doubts over the past year that Argentina is on the cusp of a US-style oil and gas revolution from shale, Gazprom’s overtures should put them to rest.Russian state-run news agency Interfax is making sure the world knows that Gazprom plans to be a key player in this game, announcing late in April that the…

  • The Best Way To Find Major Gold Deposits

    There have been a lot of techniques used to look for major gold discoveries over the last 50 years.But only one has consistently worked.That's the message from a new scientific study published in the journal Applied Earth Science. Where Julian Vearncombe and Mario Zelic from Australia's SJS Resource Management survey over a half-decade of exploration efforts in the gold sector, in order to find out what's really been effective.The authors identify 10 different strategies that have been tried through the years. In the 1950s, it was "syngenetic" models of gold formation -- basically suggesting that gold forms at the same…

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