Dave is Managing Geologist of the Pierce Points Daily E-Letter.
The world’s largest copper mine is moving closer to a shutdown. With unionized workers at Chile’s Escondida operation yesterday rejecting owner BHP’s latest wage offer…
I wrote in November about Egypt’s first gold licensing round in seven years. Noting that the geological potential is very strong in this under-explored part…
As I’m writing this, I’ve got maps of four different continents open on my desktop. It’s been a busy week. With projects advancing in all…
China expanded its global reach again this past week. With the first-ever rail shipment of Chinese goods arriving in London, as part of a new…
Big spending is back in the oil and gas world. With ExxonMobil unloading a $6.6 billion mega-buy in the Permian Basin of Texas this week…
The “value added” craze has been sweeping the mining world. With governments from Zimbabwe to Indonesia calling for miners to upgrade copper, nickel, aluminum and…
Series of important warnings emerging in the oil sector this week. With several sources noting that production is taking a steep nosedive — in one…
One major event dominated mining news this week. Affecting nearly every major metal — from copper and nickel to gold and aluminum. An abrupt and…
Here’s one of the most important charts we might see in oil and gas this year. New this week from industry watchdog Wood Mackenzie —…
I wrote in late December about a looming crisis in Indonesia’s mining sector. And yesterday, it hit. Officials at Indonesia’s mining ministry confirmed that miners…
A lot of press in recent weeks about solar power finally getting price-competitive with fossil fuels. Due to rapidly falling production costs for solar cells.…
Big week for natural resources. Not just because of major milestones like the connection of a rail route from Shanghai to London, described above —…
The final 2016 stats are in from the world’s top gold-consuming nation, India. Showing that the past year was one of the bleakest on record…
A major question for 2017 is: will the coal rally continue? Two events this week should lend strength to that market. With one consuming nation…
With 2016 now closed out, we’re getting the first looks at year-end data. And numbers from one nation in the energy space have been particularly…
Another tidbit of news on Iran’s emerging oil and gas bid round this week. With that country’s oil ministry saying yesterday that 29 E&Ps from…
Big resource developments from a tiny and unexpected nation this week. Where both the mining and energy sectors are, incredibly, taking off at the same…
Coal has been one of the big stories of 2016. With this beat-down market taking flight during the last half of the year — lifting…
It’s contract negotiation season in the world’s largest copper-producing nation, Chile. And news this week suggests that the country’s biggest mining operation may be headed…
Bit of a quiet week for major resource news. But several small items are suggesting some potentially explosive developments coming over the next several months.…