Mongolia is opening up its Tavan Tolgoi coal deposit to foreign investors. The site is located in the South Gobi desert near China’s northern border and has an estimated 6.4 billion metric tons of coal. Coal continues to be a major source of power generation in many countries including the U.S. where about 44% of …
In recent years ordinary investors have been attracted to all types of commodities such as gold, silver, oil, natural gas, etc. primarily due to the poor performance of equities and also the availability of easy avenues to invest in them such as ETFs. Despite all the glamor of investing in commodities, equities are still the …
Continue reading ‘Stocks Beat Commodities In the Long Run’ »
In an earlier post, we looked at the world’s top diamond producing countries. The table below lists the diamond mining stocks by country: [TABLE=585] Global mining giants BHP Billiton, Rio Tinto and Anglo American have significant operations in diamond mining as well. Related: The World’s Top 100 Mining Stocks Also Checkout: The World’s Top Diamond-Producing …
Continue reading ‘The List of Diamond Mining Stocks by Country’ »
Speculation in agricultural commodities is back in a big way. According to a recent article in Der Speigel, the price of cocoa reached a 33-year high recently. Anthony Ward, aka “Choc Finger” of the Armajaro Hedge Fund has bought a large number of futures contracts for the delivery of 241,000 tons of cocoa worth $1 …
Mining stocks are extremely volatile. However they can return handsome gains if the commodity prices rise. In recent years due to high demand from many developing countries commodity prices like iron ore, copper, gold, etc. have soared. Copper prices rose by almost 140% last year. The rise is attributed to “Unprecedented levels of Chinese imports, …
Continue reading ‘2009 Performance Review and The Complete List of Mining ADRs’ »