Wealth Creation Through Natural Resources
This week’s copper performance certainly isn’t in agreement with the theory that economic growth is stalling. In fact, during Wednesday’s session copper broke out from a multi-month head & shoulders bottom pattern: Copper (Daily) The breakout from this pattern … Continued
Arena Minerals (AN.V) released drill results from its Jogmec JV which served to further confirm that they have identified a copper porphyry system which they simply have to zero in on with further drilling. Arena plans to spend a combined … Continued
Since topping out above US$4.50/lb in 2011, copper has fallen by more than 50% to a recent low of $1.94/lb. The 5-year copper bear market can be primarily blamed on soft Chinese demand and bloated Chinese copper inventories resulting from … Continued
There are mounting signs that all is not well with economic growth prospects in 2016. Here are 3 charts that point to a looming recession (we could have added many more….): We are witnessing a drop in rail data that … Continued
TORONTO, ONTARIO–(Marketwired – Dec 16, 2015) – Arena Minerals Inc. (“Arena” or “the Company”) (TSX VENTURE:AN) is pleased to provide an exploration update for the program operated by the Company as part of the Japan Oil Gas and Mineral Exploration … Continued
TORONTO, ONTARIO–(Marketwired – Dec 9, 2015) – Arena Minerals Inc. (“Arena” or “the Company”) (TSX VENTURE:AN) is pleased to announce that Teck Resources Chile Limitada (“Teck”) has commenced a 3,000 metre reverse circulation (“RC”) drill program on the Paciencia North … Continued
Copper has suffered a painful decline of more than 30% since May: Copper (Daily) Meanwhile bearish sentiment has continued to grow stronger as price has fallen farther. However, there are some very good reasons why it may be time … Continued
TORONTO, ONTARIO–(Marketwired – Nov 24, 2015) – Arena Minerals Inc. (“Arena” or the “Company”) (TSX VENTURE:AN) is pleased to provide an update on exploration activities on the Company’s Atacama copper project. B2Gold Corp. (BTO.TO)(BTG) (“B2Gold”) has provided the Company with … Continued
Copper has fallen roughly 10% during the month of November and a remarkable 10 consecutive trading sessions: Today’s doji candlestick below the lower 2-standard deviation Bollinger Band could indicate that the downtrend may be coming to an end. However, … Continued
Arena Minerals (TSX-V: AN) is a Canadian based prospect generator that is committed to identifying and creating value in Chile’s premier copper and gold mining districts. While many multi-national mining companies have exited Chile in the past couple of years, Arena sees … Continued