China Cuts Interest Rates To 5.1% - Time Is For Gold And Copper To Wake Up.

  Will new rate cuts in China spike up commodities in the wake of weakening US Dollar now?

Copper Is On The Rise With Chinese AIIB Infrastructure Development and Lower Dollar In Play.

Hedgehogtrader.

  Hedgehogtrader has made another brilliant trading call on the Copper price movement. With US Dollar sliding few last weeks from Double Top Reversal we can expect supply and demand picture to push Copper higher. Elon Musk's vision for Tesla Energy and Solar Power will require a lot of this "green metal".

Video - Elon Musk Presentation Of Tesla Lithium Energy Storage: PowerWall and PowerPack With "Infinite Scalability".

Commodities And AIIB: A World In Change Shanghai Cooperation Organization.

Copper, Lithium And REE: SunPower And Apple Are Teaming Up To Build Solar Projects In China. 

  Apple is moving fast into Solar space now and brings attention to the rapid growth in Solar Power installations all around the world. China is particularly important market with its huge air pollution problem. This is where the clean electricity will come from to charge electric cars. With Tesla Gigafactory coming announcement for the home lithium battery to integrate solar installations, this huge segment of growth for the lithium technology will gain further traction. 

  As we have discussed before, Solar Power will be the catalyst for strategic green energy metals: Copper, Lithium and REE. Backed by Warren Buffet China's BYD is another contender to capitalise on the growth in utility storage. International Lithium strategic partner Ganfeng Lithium is taking its part in this growing sector as well with the investment in Boston Power and supplies Lithium materials to the major players in battery industry. 

International Lithium Corp. Commences Drilling at Avalonia Lithium Pegmatite Project, Ireland.

REE: Molycorp Jumps On Contract to Supply Rare Earths for Siemens Wind Turbine Generators.

 Molycorp will supply Shin-Etsu Chemical with REE, which will produce REE magnets for Siemens. Like in International Lithium case with Ganfeng Lithium - security of supply for strategic materials is taking the centre stage for advance of the green technology.

Copper's Bright New Age: Solar Electricity Utility Scale And Electric Cars.

"Investment growth in solar electricity is dramatic, and along with wind it will dominate the worldwide energy scene within a few decades. Copper demand will increase because of the growing use of solar electricity. Solar power is among the quickest to build, creates jobs, community benefits, new tax revenue for small towns. Air conditioning and peak energy demands align with when the sun is shining. The USA, China and Germany are aggressively adding solar power. Copper is either the only choice or the quality technology choice for solar parks due to its conductivity, durability, malleability and so on."

TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

  Copper and Lithium become the strategic metals for the ongoing green revolution. Solar and Wind Energy and Electric Cars will drive the new demand for these metals. Solar Energy is growing very fast all over the world now. Energy Storage will be the next step to ignite this growth. This is the new focus of Elon Musk and his Gigafactory. He will introduce the home storage system based on the lithium batteries in the next few months. Copper will have its special place in this mass scale roll out of distributed energy generation systems with Wind and Solar Power. Integral part of this system - Energy Storage is getting popular now with Elon Musk Gigafactory and Warren Buffet with BYD making the headlines. These Trillion Dollar industries: Electric Cars and Energy Storage will drive the demand for Copper and Lithium in the future.

Copper Surges As Freeport Halts Grasberg Mine - The Looming Supply Gap Comes Sooner.

  Copper is in the very tight supply now and price is surging for the second day. This example just shows that resource nationalism is not going away. Security and diversity of supply will be the key. When Dr Copper will buy into the recovery story? Nobody knows it, but I doubt that FED can start any meaningful rate hikes before Copper will go back above $3.0 mark. FED is not driven by commodity prices, but there is no real growth before commodities will turn up again. Copper takes the particular place now as electrification of our transportation and introducing Solar Power on the mass scale will be driving the demand in years to come. Industry insiders will be our guide as usual here. Just follow the smart money, as this supply gap can be coming much sooner now.

Bloomberg:

Freeport Halts Grasberg Mine as Roadblock Enters 4th Day

"(Bloomberg) -- Freeport-McMoRan Inc. halted production at Grasberg, the world’s second-largest copper mine by capacity, as workers blocked access to a road to the mine in Indonesia for a fourth day. The price of the metal climbed in London."

Copper M&A: Teck Resources Sees Looming Supply Gap, Looks For Acquisitions.

  

  We have very interesting view from Teck Resources on the looming supply gap for copper and report from Bloomberg about the acquisition appetite at this valuations. Copper M&A talks are getting louder now after the news from X2 Resources. Rob McEwen is marketing Los Azules copper and, hopefully, visits to the property will become even more frequent now. At some point the fundamentals of giant copper deposit will speak for themselves. Now we can better understand the TECK Resources talking about "the looming supply gap." TNR Gold is very well positioned with its Los Azules Royalty and Bonus on Sale with McEwen Mining to participate in this trend.

Copper M&A: Mick Davies’ X2 Resources Raises $5.6 Billion, Ready To Buy Up Assets.

"We have the very positive news for the mining sector today from one of the top industry insiders. Capital is available for the best teams and projects and Mick Davies is shopping now. Hopefully this M&A activity will spike further interest in Los Azules Copper as well. Do not read too much into it, but Xstrata was involved in Los Azules Copper at the early stages of this giant copper discovery with Minera Andes. Rob McEwen's comments on timing for acquisitions are already in play in the industry now. Read more."

Rob McEwen: Los Azules Copper - "The Glimmer of Hope for Argentina."

  "Rob McEwen was presenting at BMO Capital Markets conference this week. It is the very interesting presentation and you can find it on the McEwen Mining website. The most interesting for TNR Gold was his comment on the recent situation in Argentina. He sees "the glimmer of hope" with the coming elections in October later this year: "Producers are making their enquiries about the Los Azules Copper project and one of them is on the property now."
  Please read carefully my legal disclosure and do not get very excited or make any investment decisions based on this public information from Rob McEwen. I personally think, that it is the very encouraging update from Rob on Los Azules Copper status. His view on Argentina and the changing mining landscape confirms the Yamana Gold and Goldcorp news we have discussed before. There is a long way from the any visit on the property to the signed contract, but magnitude of Los Azules Copper will speak for itself one day - you can find more information on TNR Gold website. Higher copper prices will be the catalyst here and today's news from China has ignited 2% rally in very oversold Copper. We will see soon whether it becomes the sustainable trend. As Rob has mentioned: "This is the time to look at valuations for the best projects." Read more."


TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

Frank Holmes: Dollar Due For A Correction, All Eyes On Fed.

  US Dollar has hit 100 level and now is sliding little bit below it. This move is already looks like very extended parabolic one and, normally, very sharp correction can happen at any time. Gold is at the crucial level to confirm the Double Bottom with 2014 low.

  All commodities are at the mercy of the strong US Dollar, but we can see some signs of bottoming out in Copper now. Industry insiders are searching for the best assets at these rock-bottom level valuations.

"As gold prices continue to look for a solid footing, Kitco News speaks with Frank Holmes to find out how he sees the metal set up ahead of this important FOMC week. Holmes says the dollar is really his focus, which has jumped to levels last seen in mid-2003. “It appears to be a crowded trade,” he says. “And we’re due for a correction.” Looking to opportunities and threats for gold, Holmes examines treasury yields in the U.S. as well as other Europe to determine where gold may be headed. Tune in to the latest edition of “Gold Game Film” to find out what may be Frank’s touchdown pass of the week. Kitco News, March 16, 2015."

Copper M&A: Teck Resources Sees Looming Supply Gap, Looks For Acquisitions.

  

  "We have very interesting view from Teck Resources on the looming supply gap for copper and report from Bloomberg about the acquisition appetite at this valuations. Copper M&A talks are getting louder now after the news from X2 Resources. Rob McEwen is marketing Los Azules copper and, hopefully, visits to the property will become even more frequent now. At some point the fundamentals of giant copper deposit will speak for themselves. Read more."

Copper M&A: Mick Davies’ X2 Resources Raises $5.6 Billion, Ready To Buy Up Assets.

"We have the very positive news for the mining sector today from one of the top industry insiders. Capital is available for the best teams and projects and Mick Davies is shopping now. Hopefully this M&A activity will spike further interest in Los Azules Copper as well. Do not read too much into it, but Xstrata was involved in Los Azules Copper at the early stages of this giant copper discovery with Minera Andes. Rob McEwen's comments on timing for acquisitions are already in play in the industry now. Read more."

Rob McEwen: Los Azules Copper - "The Glimmer of Hope for Argentina."

  "Rob McEwen was presenting at BMO Capital Markets conference this week. It is the very interesting presentation and you can find it on the McEwen Mining website. The most interesting for TNR Gold was his comment on the recent situation in Argentina. He sees "the glimmer of hope" with the coming elections in October later this year: "Producers are making their enquiries about the Los Azules Copper project and one of them is on the property now."  Please read carefully my legal disclosure and do not get very excited or make any investment decisions based on this public information from Rob McEwen. I personally think, that it is the very encouraging update from Rob on Los Azules Copper status. His view on Argentina and the changing mining landscape confirms the Yamana Gold and Goldcorp news we have discussed before. There is a long way from the any visit on the property to the signed contract, but magnitude of Los Azules Copper will speak for itself one day - you can find more information on TNR Gold website. Higher copper prices will be the catalyst here and today's news from China has ignited 2% rally in very oversold Copper. We will see soon whether it becomes the sustainable trend. As Rob has mentioned: "This is the time to look at valuations for the best projects." Read more."

TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

Eric Sprott - Physical Gold & Silver on Verge of Breaking Paper Markets…"I will be Right!"

  

  We have the total disconnect between surging Apple Dow Jones markets and commodities, if there is growth why Dr Copper is at multiyear low? If there is a recession why Gold is close to the lows again? Eric has called for higher Gold and commodities prices for a long time, but now we can see money coming into the sector. M&A in Gold and Copper is heating up.

Copper M&A: Teck Resources Sees Looming Supply Gap, Looks For Acquisitions.

  

  "We have very interesting view from Teck Resources on the looming supply gap for copper and report from Bloomberg about the acquisition appetite at this valuations. Copper M&A talks are getting louder now after the news from X2 Resources. Rob McEwen is marketing Los Azules copper and, hopefully, visits to the property will become even more frequent now. At some point the fundamentals of giant copper deposit will speak for themselves. Read more."

Copper M&A: Mick Davies’ X2 Resources Raises $5.6 Billion, Ready To Buy Up Assets.

"We have the very positive news for the mining sector today from one of the top industry insiders. Capital is available for the best teams and projects and Mick Davies is shopping now. Hopefully this M&A activity will spike further interest in Los Azules Copper as well. Do not read too much into it, but Xstrata was involved in Los Azules Copper at the early stages of this giant copper discovery with Minera Andes. Rob McEwen's comments on timing for acquisitions are already in play in the industry now. Read more."

Rob McEwen: Los Azules Copper - "The Glimmer of Hope for Argentina."

  "Rob McEwen was presenting at BMO Capital Markets conference this week. It is the very interesting presentation and you can find it on the McEwen Mining website. The most interesting for TNR Gold was his comment on the recent situation in Argentina. He sees "the glimmer of hope" with the coming elections in October later this year: "Producers are making their enquiries about the Los Azules Copper project and one of them is on the property now."
  Please read carefully my legal disclosure and do not get very excited or make any investment decisions based on this public information from Rob McEwen. I personally think, that it is the very encouraging update from Rob on Los Azules Copper status. His view on Argentina and the changing mining landscape confirms the Yamana Gold and Goldcorp news we have discussed before. There is a long way from the any visit on the property to the signed contract, but magnitude of Los Azules Copper will speak for itself one day - you can find more information on TNR Gold website. Higher copper prices will be the catalyst here and today's news from China has ignited 2% rally in very oversold Copper. We will see soon whether it becomes the sustainable trend. As Rob has mentioned: "This is the time to look at valuations for the best projects." Read more."


TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

Copper M&A: Teck Resources Sees Looming Supply Gap, Looks For Acquisitions.

  

  We have very interesting view from Teck Resources on the looming supply gap for copper and report from Bloomberg about the acquisition appetite at this valuations. Copper M&A talks are getting louder now after the news from X2 Resources. Rob McEwen is marketing Los Azules copper and, hopefully, visits to the property will become even more frequent now. At some point the fundamentals of giant copper deposit will speak for themselves.

Copper M&A: Mick Davies’ X2 Resources Raises $5.6 Billion, Ready To Buy Up Assets.

"We have the very positive news for the mining sector today from one of the top industry insiders. Capital is available for the best teams and projects and Mick Davies is shopping now. Hopefully this M&A activity will spike further interest in Los Azules Copper as well. Do not read too much into it, but Xstrata was involved in Los Azules Copper at the early stages of this giant copper discovery with Minera Andes. Rob McEwen's comments on timing for acquisitions are already in play in the industry now. Read more."

Rob McEwen: Los Azules Copper - "The Glimmer of Hope for Argentina."

  "Rob McEwen was presenting at BMO Capital Markets conference this week. It is the very interesting presentation and you can find it on the McEwen Mining website. The most interesting for TNR Gold was his comment on the recent situation in Argentina. He sees "the glimmer of hope" with the coming elections in October later this year: "Producers are making their enquiries about the Los Azules Copper project and one of them is on the property now."
  Please read carefully my legal disclosure and do not get very excited or make any investment decisions based on this public information from Rob McEwen. I personally think, that it is the very encouraging update from Rob on Los Azules Copper status. His view on Argentina and the changing mining landscape confirms the Yamana Gold and Goldcorp news we have discussed before. There is a long way from the any visit on the property to the signed contract, but magnitude of Los Azules Copper will speak for itself one day - you can find more information on TNR Gold website. Higher copper prices will be the catalyst here and today's news from China has ignited 2% rally in very oversold Copper. We will see soon whether it becomes the sustainable trend. As Rob has mentioned: "This is the time to look at valuations for the best projects." Read more."


TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

Bloomberg:

Teck Seeks Copper-Mining Acquisition Amid Price Slump

Mining Weekly:

Copper faces looming supply gap – Teck Resources

The level of new copperoutput will be unable to plug a supply gap that could develop as early as 2017, Canadian diversified miner Teck Resources manager for market research Michael Schwartz told an audience at the Prospectors and Developers Association of Canada 2015 convention.

Teck had calculated that the average yearly rate of copper demand growth would reach 2.7% in the coming years. This equated to about 680 000 t of new supply being required each year, a level producers would be unable to match.

This supply/demand fundamental was in stark contrast with copper’s performance over the past 12 months, with Schwartz noting that Wood McKenzie had recorded a 300 000 t surplus for 2014. “Although we are showing a balanced market to a slight deficit,” he added.

The overhang had been reflected in the red metal’s price, which was currently hovering at around $2.65/lb, compared with a 52-week high of about $3.25/lb. Producers with cost-of-production rates above $2.50/lb would continue to struggle, Schwartz pointed out.

Disruption to output, which offered price support depending on its severity, would become an increasingly important issue as the industry mined lower-grade zones in remoter areas. There was also increased jurisdictional risk as governments continued to change policy, seek higher royalties or request companies undertake in-country smelting, as was the case between Freeportand Indonesia.

Schwartz added that supply shortages would be exacerbated by the withdrawal of supply on end-of-life closures or on lower grades mined. “To date, the industry has not been spending anything to change that.”

Effective 2016, global mine production would start falling at a rate of about 280 000 t/y. “By 2017, we see markets getting extremely tight. By 2018, we’ll need more projects,” he advised.

Shifting his focus to smelting, Schwartz noted the ramp-up of global capacity, particularly in China. Indonesia is also legislating for more smelting, while notable increases in Indian capacity could also be expected. “This is likely to put pressure on [treatment and refining charges in future].”

Because of its increased capacity, the level of cathode imports into China had dropped, while the level for concentrates had risen, Schwartz added.

The concentrate market had also started to divide into two tiers, with higher-quality concentrate commanding a widening premium over lower-grade material that contains greater levels of arsenic or other deleterious elements.

Overall, China would continue to drive the increased demand for copper. And although the rate of gross domestic product growth was slipping, the levels involved still represented a vast amount of metals uptake; the country continued to develop and build extra infrastructure.

Away from China, the US recovery was gathering pace, with the country likely to want more red metal. India was also waiting in the wings, with all of its immense but latent potential. "

Copper M&A: Mick Davies’ X2 Resources Raises $5.6 Billion, Ready To Buy Up Assets.

  

  We have the very positive news for the mining sector today from one of the top industry insiders. Capital is available for the best teams and projects and Mick Davies is shopping now. Hopefully this M&A activity will spike further interest in Los Azules Copper as well. Do not read too much into it, but Xstrata was involved in Los Azules Copper at the early stages of this giant copper discovery with Minera Andes. Rob McEwen's comments on timing for acquisitions are already in play in the industry now.

Rob McEwen: Los Azules Copper - "The Glimmer of Hope for Argentina."

  "Rob McEwen was presenting at BMO Capital Markets conference this week. It is the very interesting presentation and you can find it on the McEwen Mining website. The most interesting for TNR Gold was his comment on the recent situation in Argentina. He sees "the glimmer of hope" with the coming elections in October later this year: "Producers are making their enquiries about the Los Azules Copper project and one of them is on the property now."
  Please read carefully my legal disclosure and do not get very excited or make any investment decisions based on this public information from Rob McEwen. I personally think, that it is the very encouraging update from Rob on Los Azules Copper status. His view on Argentina and the changing mining landscape confirms the Yamana Gold and Goldcorp news we have discussed before. There is a long way from the any visit on the property to the signed contract, but magnitude of Los Azules Copper will speak for itself one day - you can find more information on TNR Gold website. Higher copper prices will be the catalyst here and today's news from China has ignited 2% rally in very oversold Copper. We will see soon whether it becomes the sustainable trend. As Rob has mentioned: "This is the time to look at valuations for the best projects." Read more."


TNR Gold Receives Royalty From McEwen Mining On "One Of The Largest Undeveloped Copper Projects".

Mining.com:

Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

"A major mining merger or acquisition could be just around the corner as X2 Resources, former Xstrata boss Mick Davis’ new company, announced it had secured $5.6 billion to buy up assetsand get back in the game.

Davis, a driving force in the deal-making that transformed the mining sector during a decade-long commodities boom, said in a statement the “blue-chip nature” of his company’s investors and the scale of their commitments to date were clear endorsements to both his private equity vehicle and the team’s expertise.

“We continue to carefully review a number of opportunities in the sector in detail. While value-creating opportunities are increasingly evident, the long-term nature of our strategy provides us with the flexibility to target those opportunities where we see the greatest potential for value creation,” he said."