TIPP für Goldminenaktien?

the same quarter, despite a 55 percent decline in earnings . The former CEO of Barrick, Aaron Regent, was paid $9.2 million in 2011. According to a study by the Canadian Centre for Policy Alternatives, 19 of Canada?s 100 highest-paid CEOs work in the mining sector.

http://www.wsws.org/en/articles/2013/02/11/cida-f11.html

Es sieht so aus, als ob es BSX aktuell zu sehr günstigen Kursen zu kaufen gibt.
Das Niveau liegt sogar noch tiefer als vor sechs Monaten (erstes "speculative buy"-Rating) bzw. bei der letzten Empfehlung von Canaccord im Dezember 2012.

http://bigcharts.marketwatch.com/quickchart/...1&show=&time=8

https://research.canaccordgenuity.com/_layouts/...er.aspx?pubid=86021

Die Chancen sind jedoch die gleichen bzw. haben sich inzwischen noch erhöht.
Einzig der schwächelnde Goldpreis hat hier zu sinkenden Kursen geführt.
Insider kaufen bei BSX weiter zu; und der Goldpreis sollte seine (künstlich erzwungene) Zwischenkonsolidierung bald überwunden haben...

Insider Trades by Symbol - TSX Venture Exchange
Company Name: Belo Sun Mining Corp.
Last Updated: March 8, 2013

Date: 03/08/2013
Symbol: BSX
Insider Buys Volume: 57,700
Insider Sells Volume: 0
Insider Buys Value $: 65,501.000
Insider Sells Value $: 0.00
Insider Buys Transaction: 134
Insider Sells Transaction: 0
Currency: CAD

http://www.tmxmoney.com/...e=en&Submit=Submit&QuerySymbol=bsx


Wie die Edelmetallpreise aktuell manipuliert werden, beschreibt Eric Sprott in einem hochinteressanten Interview mit "The Gold Report", veröffentlicht in der letzten Woche:
http://www.goldseiten.de/artikel/...entralbanker-zocken-mit-Gold.html

Und welche Werte in Sprott's "Gold & Precious Minerals Fund" am schwersten gewichtet sind, zeigt die folgende Tabelle:

Top Ten Holdings

1.Silver Bars
2.Silver Wheaton Corp.
3.Belo Sun Mining Corp.
4.Osisko Mining Corp.
5.Coeur d'Alene Mines Corporation
6.Dundee Precious Metals Inc.
7.Colossus Minerals Inc.
8.Pan American Silver Corp.
9.Silver Standard Resources Inc.
10.Torex Gold Resources Inc

http://www.sprott.com/products/sprott-gold-precious-minerals-fund/  

Länderrisiken: Dominikanische Republik giert nach Pueblo Viejo Schatz

Neue Vorfälle in der Dominikanischen Republik. Eine Verschiffung von Goldprodukten aus der umstrittenen Megamine Pueblo Viejo wurde aufgrund von angeblichen, bürokratischen Hürden aufgehalten. Weiterer Vorwand für die tiefgehenden Spannungen vor Ort, die nicht abreißen. Die Dominikanische Regierung versucht die Vereinbarungen um die größte, inländische Minenoperation mit den Anteilseignern und Betreibern, Barrick Gold (NYE.ABX) und Goldcorp (NYE.GG) [60:40 JV], für das Land zu verbessern und u.a. höhere Gewinnanteile herauszuholen. Weiter will die Regierung natürlich auch die Situation für die Locals und Regionals verbessern, deren Interessen unterstützen und die gesamte Situation zunehmend entschärfen..

http://rohstoffaktien.blogspot.de/2013/03/...sche-republik.html 

 

The True All-In Cost To Mine Gold: Complete 2012 Figures

Apr 17 2013, 07:27  | 126 comments   |  includes: ABX, CEF, GG, GLD, GTU, PHYS, SGOL
Disclosure: I am long SGOL, PSLV, GG, AGI, SIVR. (More...)

Over the last few months we have been analyzing and posting the gold industry's true all-in costs for each mined ounce of gold. We have analyzed almost all of the major publicly traded gold producers, with a total production of over 25 million ounces (around 800 tonnes) of gold for 2012. According to the USGS, the world mined an estimated 2700 tonnes of gold in 2012, so the results of this analysis incorporates 30% of total 2012 gold production. Although we have our doubts about the accuracy of the USGS estimate, we believe our numbers represent a large enough portion of mined production to extrapolate as a general figure across the industry.. 

http://seekingalpha.com/article/...complete-2012-figures?source=yahoo

   

 

 

 

Rohstoffsektor: Makro-Story & The Big Picture

(shareribs.com) In dieser düsteren Zeit für Rohstoffwerte hilft es ggfs. ab und an, den Blick über den Tellerrand zu werfen, um das Big Picture nicht zu verlieren. Dazu siehe unten ein aktueller Artikel von Rick Mills, der sich erneut mit den übergeordneten Makrotrends in der Rohstoffbranche beschäftigt, die gegenwärtig niemanden zu interessieren scheinen. Insbesondere bei den involvierten Rohstoffunternehmen zieht die Makro-Story bekanntlich ja schon lange nicht mehr..

Link: http://www.shareribs.com/rohstoffe/...y_the_big_picture_id100874.html

 

JPMorgan-Manager: Rohstoffinvestitionen bei schlechter Stimmung und günstiger Bewertung

 (shareribs.com) New York 16.05.13 - Neil Gregson, Manager des JPMorgan Global Natural Resources Fund, schrieb in einem Beitrag jüngst über die Bewertungen und die schlechte Stimmung im Rohstoffsektor. Gregson hält das aktuelle Niveau für sehr attraktiv und rät zu antizyklischen Investments..

Link: http://www.shareribs.com/rohstoffe/...r_bewertung_id100859.html 

 

 

Die Angst vor einem schlechten Sommer

Ein Report von Ernst & Young sollte der Branche Mut machen. Doch die Realität sieht anders aus. Viele fürchten den nahenden Sommer.. 

http://www.goldinvest.de/index.php/...r-einem-schlechten-sommer-28637

 

 Also ganz ehrlich. Man kann das kosten argument nicht mehr hören. Egal bei welchem goldförderer ich in den quartalsberichten nachgeschaut habe, habe ich keine all in kosten von 1500 usd gefunden. Woher kommen diese Informationen? Ich habe manchmal das Gefühl, dass egal was diese Firmen kommunizieren, die Redakteure wissen trotzdem besser.

Wenn man mir zeigen könnte wo ich diese 1500 USD finde, wäre ich sehr dankbar!

Keine Kauf/verkaufsempfehlung nur meine Meinung 

 

Differenzierung heißt das Zauberwort bei den all-in Kosten. Es kommt im Wesentlichen darauf an, ob rein die cashwirksamen Kosten zusammen gerechnet werden oder auch bspw. die Expansionscapex, D&A, AfA etc. mit einberechnet werden. Die all-in sustaining costs pro Feinunze Gold liegen bei den großen Goldförderern nun bei 1.000-1.300 USD.

Hier findest du ein paar Bsp.-Artikel:

http://seekingalpha.com/article/1346991-the-true-all-in-cost-to-mine-gold-complete-2012-figures?source=yahoo

http://business.financialpost.com/2013/02/07/all-in-cash-costs-dont-go-far-enough/

http://rohstoffaktien.blogspot.de/2013/03/all-in-kosten-der-goldproduktion.html 

 

 

seekingalpha.com/article/1346991-the-true-all-in-cost-to-mine-gold-complete-2012-figures

business.financialpost.com/2013/02/07/all-in-cash-costs-dont-go-far-enough/

rohstoffaktien.blogspot.de/2013/03/all-in-kosten-der-goldproduktion.html

 

 

 

Barrick Gold, Pascua Lama: Anhaltende Konstruktionsaussetzung und Strafzahlung wegen Umweltvergehen

http://www.shareribs.com/rohstoffe/...en_umweltvergehen_id100925.html

 

Problems at Barrick’s Pascua-Lama mine may already be factored into share price: analyst

In the latest obstacle linked to Barrick Gold Corp.’s Pascua-Lama mine that straddles the Chile-Argentina border, the Chilean government on Friday said it has fined Barrick Gold Corp. around $16 million..

http://blogs.marketwatch.com/thetell/2013/05/24/...are-price-analyst/

 

 

 

Globale Minen- und Rohstoffbranche: Vertrauenskrise hält an

http://rohstoffaktien.blogspot.de/2013/06/...und-rohstoffbranche.html

 

Global mining sector facing ‘crisis of confidence’: Hein Boegman - mining leader for Africa, PwC

HILTON TARRANT: The 10th edition of PwC’s Annual Global Mining Survey, entitled “Mine: A Confidence Crisis” came out today. It paints a bleak picture of a sector facing flat revenues, declining profits and share prices at their lowest levels in years and sometimes decades. 
   Hein Boegman is PwC’s mining leader for Africa. The survey uses financial information for the 2012 financial year. Hein, some of that stretched back into 2011 and, looking at the top 40 mining companies in the world, obviously that includes Anglo American and BHP Billiton. Of local interest, AngloGold Ashanti, Gold Fields and Impala Platinum are included in that sample of 40 companies.
   This report paints almost a complete loss of confidence in nearly every aspect of the mining sector.

HEIN BOEGMAN: Thank you first of all for the opportunity, Hilton. If we look back to 2005, when we spoke about the entering of the Dragon, the China interest into the mining industry, then the good times rolling up to 2008, when it got ugly and when “The going gets tough” was our title then, back to the boom and the rebound in the last two or three years, with this growing disconnect. And this year we call it a “confidence crisis” in that the market seems to be valuing companies at a particular level, whereas the industry seems to think that some of the good things that they are doing go unrewarded. And I think that is perhaps where this disconnect comes from..

[.......] ....

Link: http://www.moneyweb.co.za/moneyweb-safm-market-update/r-1295

 

 

"Lawrence Roulston's Resource Opportunities""Sunridge Gold is a major takeover target"

July 2013-2

Company Update
Sunridge Gold
(SGC-TSXV)

Sunridge, with a feasibility study completed
on its Asmara project in Eritrea,
is now working toward securing financing
for mine development and
obtaining the permits needed to develop
and operate the mine. They are
making good progress on both fronts.
Most of the studies have been completed
in support of the mining license
application. Formal submission is expected
imminently. The government is
anxious to see the project move forward
quickly, meaning that the mining
license application will be handled
expeditiously and is not expected to
delay project development.
The state-owned Eritrea National Mining
Corporation (ENAMCO) last July
agreed to acquire a 30% paid participating
interest in the project. Negotiations
are continuing with regard to setting
a purchase price, which will be on
commercial terms.
ENAMCO will then contribute 33 percent
of the capital expenditures as incurred.
The government also holds a
10 percent carried interest, which will
apply to the interest of both parties.

Financing efforts are being coordinated
by a financial group with considerable
success in arranging financing
for mining projects. In support of the
financing efforts, a leading independent
engineering firm is presently reviewing
the feasibility study on behalf
of potential lenders. There is a high
level of interest from lenders, recognizing
the very favorable economics of
this project and the success enjoyed by
Nevsun (NSU-TSX) in developing and
operating their Bisha mine in Eritrea.
The Asmara feasibility study contemplates
a three phase development plan.

The first phase will be to mine the
116,000 tonnes of high-grade ore
(15.6% copper, 3 g/t gold and 77 g/t
silver) which will be direct shipped to
a smelter. Mining that direct shipping
ore (DSO) will span about six months
and produce more than $100 million of
revenue, with only modest operating
expense. The capital expense incurred
in the DSO will be directly applicable
to the main project.
At the same time as mining the DSO,
mining of the gold oxide ?caps? overlying
three of the base metal deposits
will begin, with the gold recovered by
heap leaching, producing five years of
cash flows, again with modest capital
expenditures and operating costs.
While mining the DSO and the gold
caps, the company would develop the
main ore bodies and construct the
processing facility. Production for the
first 1.25 years would come from an
enriched ?supergene? zone, generating
high levels of cash flow early in the
mine life. Mining would be a combination
of open pit and underground, using
conventional flotation recovery.
The capital requirements, net of the
cash flow from the DSO ore and the
gold heap leach, would be about $350
million.
The Asmara projects is well located
for mine development, as it is less than
an hour drive from the main city in
Eritrea and only a couple of hours
from the port. The project has good
grades, it is easy to mine and it has
favorable metallurgy. The government
is highly supportive of mining, as
demonstrated by the success of the
Nevsun project.
North American investors may have
concerns about investing in Eritrea,
but that concern is misplaced. Nevsun
successfully developed and is profitably
operating its Bisha mine, which
involved participation of international
financial firms.
There are many mining companies that
would very much like to develop this
project. The biggest concern for shareholders
at this time is that Sunridge
will receive a takeover offer before
investors begin to recognize the value
of the large and highly attractive metal
deposits that they hold. Any offer
would be priced at a premium to the
market price at the time of the offer.
The share price will almost certainly
begin to track higher as investors gain
better insights into the nature of this
project and as investor sentiment improves
toward resources.

Price July 29, 2013: C$0.185
Shares Outstanding: 175 million
Shares Fully Diluted: 236 million
Market Cap: C$32.3 million
Contact: Investor Relations
604-688-1263


http://www.grandich.com/wp-content/uploads/2013/...es+July+2013-2.pdf