follow us like us subscribe contact us
Loading, please wait

Finance

  • This Just Sent Shockwaves Through The Coal Market

    Breaking news: the thermal coal market is reeling this week. After the world's biggest consumer of the commodity announced some sweeping changes to its rules.That's of course China. Where officials have finally moved on an import ban for shipments of certain types of coal coming into the country.Related: Why King Coal Will Keep Its CrownA notice of new rules around the coal ban was officially posted on the website of the National Development and Reform Commission on Monday. Here's how the ban breaks down (summary courtesy of the keen China-watchers at the Black China blog).There are three levels to the…

  • How to Profit from the Growing Trend in Pipeline Safety

    As of 2012, the total mileage of interstate natural gas transmission pipelines surpassed 303,000 miles in the United States, and for crude oil and petroleum products, there are over 150,000 miles of pipeline in place. Taken together, that is roughly equivalent to having pipelines stretch around the circumference of the Earth more than 18 times. And that does not even take into account smaller distribution pipelines, which have a much more extensive network throughout the country.But a lot of that infrastructure is aging, and over time it experiences wear and tear. When pipelines corrode or degrade, they can rupture and…

  • This Stealthy Energy Hotspot Just Upped Its Reserves 20%

    You won't hear a lot about it in the mainstream press. But one place on Earth is quietly becoming a go-to destination for oil and gas developers globally.East Africa.A lot of attention of late has focused on the other side of this continent. With observers closely watching high-impact drilling in places like Namibia and Ghana.But even without the limelight, East Africa's petroleum potential has been growing steadily.The rising upside here was underscored by news last week from the government of Mozambique. A nation that's shaping up as a leader in East Africa's natural gas sector.The country's President, Armando Guebuza, announced…

  • This Major Uranium Event Is Finished Already

    It had threatened to be one of the biggest events in the uranium market for some time.But it now appears that a mineworkers strike at the critical McArthur River mine will be only a footnote for the sector.McArthur's operator Cameco announced late last week that the strike appears to be finished. With workers having reportedly taken down their picket lines at the mine site as of Friday morning.The two sides have apparently reached a tentative labor settlement. Which the mineworkers' union will now vote on at month-end to bring final closure to the strike.With the mine shut-down having barely reached…

  • Here's A New Update in India's Gold Saga

    It's turning into one of the biggest soap operas in natural resources. The "will they, won't they" question of gold imports into India.A few months ago, it looked like things were clearing up for India's gold space. With the election of president Narendra Modi widely expected to cause a cut in import taxes. Which in turn would spur an uptick in bullion purchases here.But the decrease in taxes didn't materialize. With India's government maintaining import duties at 10%--a level that's caused total imports to plunge by more than 80% in some recent months.And this week the government finally gave an…

  • Time to Sit Back and Plan Your Next Investment strategy

    With crude oil and crude oil-related stocks exhibiting nearly free-fall characteristics, unless you’re willing to play the short-side after an almost three month sell-off, this week it may be best to sit back and plan your next investment strategy while waiting for the markets to reach strong value areas.This week’s sell-off in crude oil and energy stocks was strong enough to pull the rest of the U.S. stock market down. This is a sign that money managers are beginning to sit up and take notice. Investment managers may have been complacent throughout the year because the liquidity provided by the…

  • Why Are Exports of This Key Commodity Down 56%?

    The globe continues to see major structural changes in one particular commodity market these days.Thermal coal.Over the last few years, production has been rising rapidly from places like Indonesia and Australia. Recently overwhelming increasing demand from markets like India and Japan--and resulting in a fall in worldwide prices, back to multi-year lows.That's now causing a number of additional shifts. With miners in Indonesia, for example, reportedly struggling to stay alive in many cases, after seeing profit margins squeezed to nothing.And we got another "sign of the times" in the space this week. From the coal export market that lies closest…

  • The Oil and Mining Tax Review Is Back Off Again Here

    If you're doing resource business in one spot on the planet this week, you can rest a little easier.Tanzania.The sector here had been thrown into uncertainty last week. After the tax department, Tanzania Revenue Authority, said it would conduct a review of mining and oil and gas contracts. Aimed at potentially grabbing a higher share of project revenues.The announcement from the Authority had indeed been unsettling. Suggesting that the Tanzanian government might look to "renegotiate" resource contracts. Raising the possibility of some unfavourable shifts in fiscal terms, in order to "secure for the country an enhanced and fair share from…

  • 21 Billion Barrels of Oil Up For Grabs Here

    It's always interesting when big developments start happening in clusters. Suggesting that things are moving faster in a certain space.That seems to be the case the last few weeks in one resource destination: the European North Sea.As we've discussed, the last two weeks have seen not one, but two large investment deals in this space. With private equity giants Riverstone Holdings and Blackstone Energy Partners leading separate consortiums that are placing over $1 billion in new capital with North Sea-focused E&P ventures.And a couple of news items the last week may help to explain why these big investors are so…

  • Are Promising Mining Changes Here Falling Apart?

    We've seen some positive changes in mining regulations globally of late. Places like West Africa have made moves to improve legal conditions for miners and explorers. Guaranteeing security and exploration tenements as well as crystallizing rules on critical issues such as royalties.But sometimes the regulatory sword can cut the other way. In Tanzania, for example, the government has recently suggested it may review mineral licensing. With a view toward taking a bigger share of revenues from such activities.And news late last month suggests that another mining hotspot may be seeing its licensing regime deteriorate: Brazil. Reuters quoted insiders in the…