Wuhan Iron and Steel (Group) Corp, China’s fourth-largest steelmaker by output, said it will boost investment in overseas iron ore mines and plans to achieve 100 percent iron ore self-sufficiency in three to five years. Wisco, the parent company of Shanghai listed Wuhan Iron and Steel, wants to abandon itsheavy reliance on imported iron ore,… Continue Reading

Source: World of Mining The annual Vancouver Resource Investment Conference goes Sunday and Monday at Vancouver Convention Centre West. If you’re prospecting for investment ideas and kicking tires on potential stock picks, read the Vancouver Sun article I wrote about the Cambridge show a year ago. The piece is dated but not much has changed (except for a little tech… Continue Reading

Who’s Who in China’s New Communist Party Leadership Lineup. Bloomberg Ron Paul’s Farewell Speech. WaPo Can I call you Mel? Or is it Mr. Brooks? Vulture, Salon “Let me tell you this cute story. I had just met Alfred Hitchcock. I was really stunned. My God, he was a legend when I was just a… Continue Reading

Via The Calandra Report – Subscribe Here – Only $58 HOUSTON — Are Colombia oil producers nearing a wave of mergers, as asset manager Frank Holmes forecast three weeks ago?

PIMCO to open first Latin American office in Brazil. Bloomberg Al Gore has thrived as green-tech investor. Washington Post Source: New Yorker How Quicken Billionaire Dan Gilbert is Giving Back to Detroit. Forbes Gtg golf with my bro, Bethpage… #brocup

Goldman Sachs Forecasts 18.2% Return on Commodities in Year. Bloomberg HSBC Managing Director: Why Asia Should Start Worrying About Inflation. CNBC Ahmadinejad Under Attack at Home and Away as Bow Out Nears. Bloomberg Qatar in talks to buy Batista’s $2 billion AUX stake: sources. Reuters  Blackstone to acquire Tampa Bay rental homes valued at $1B. TBBJ… Continue Reading

China Calls For Free-Trade Deal With Canada Within A Decade. “We’re Not Coming To Control Your Resources” Chinese Ambassador says. Globe and Mail Canada Gears Up for China Uranium Exports. Globe and Mail Brazil Stands Ready To Devalue Currency Following QE3 Inflows. Bloomberg Conrad Black: Canada’s front-row seat for the American disaster. National Post Inside… Continue Reading

Fed Wants Inflation Now, Will Clean Up ‘Mess’ Later: El-Erian. CNBC Gross Sees No End to QE3 Until U.S. Unemployment Drops to 6%–From The BLS Stated Rate of 8.3%. Financial Post Brazil’s Mantega Warns of Currency War, Calls QE3 ‘Protectionist’. CNBC Bananas, World’s Most Traded Fruit, Headed Higher In Price. Bloomberg ‘Smart’ Money Targeting Low-Priced Coal Assets. Globe and Mail Gold… Continue Reading

September 2012 Outlook. PIMCO Gross: Gold a Better Investment Than Bonds, Stocks. Bloomberg The Doer – Robert Friedland. National Post Brazil to boost import taxes again to help local industry Reuters Facebook Handled their IPO Exactly Right. Marc Cuban Why Asia’s Rich Are Wary of Private Bankers. Businessweek What’s a $4,000 Suit Worth? NYTimes

QOTD: “You hang around for as long as I have and they start giving you awards… Twenty years earlier they wanted to put you in jail.” Peter Brown, Chairman of Canaccord, BCBusiness George Kalmar, Prominent Toronto Businessman and Holocaust Survivor, “Who Arrived With A Pregnant Wife and Just $7.50 In His Pocket” Passes Away Peacefully At The Age of… Continue Reading

Cameco Acquires BHP Australian Uranium Deposit For $430 Million. Globe and Mail Harper’s Chief of Staff Faces Conflict of Interest Questions Over Barrick Gold Links. Financial Post “Electricity is the Only Commodity in the World That Isn’t Really Stored…When Storage Becomes Cheap and Massive, ‘The Impact Will Be Huge.'” Bloomberg Some Suggest Putin’s Net Worth… Continue Reading

Greg Weldon’s Macro Market Update Audio. Weldon Financial Greg’s update focuses solely on Gold and Silver, with perspective on … … Gold’s med-term technical breakout … Gold’s longer-term technical position … the decline in the US Dollar Index … Gold ‘priced-in’ Eurocurrency … Gold ‘priced-in’ Yen … the new RECORD HIGH in Gold ‘priced-in’ Brazilian Real… Continue Reading

Meet the Israeli middleman said to have ‘stripped and flipped’ First Quantum’s DRC mine. Mining Good news. Some fees for the street. Sandstorm Gold increases bought deal to $130 million. Yahoo Gold Fields CEO: Reduction in Guidance, Two Operations Are Struggling(video). Bloomberg A Grandmother “Whose Birth Date Could Not Be Confirmed”, Discovered As Brazil’s Wealthiest Woman, Controlling a… Continue Reading

Reformed Calgary/Bogotá-Based Oil & Gas Junior Hits 65 Feet of Colombian Pay And The Market Responds Featuring commentary from Frank Giustra, Jeff Boyce and Ralph Gillcrist, three key stakeholders in the company, Petroamerica Oil Corp. Caution: See PTA’s Foward Looking Statements. Jump to audio. It’s been a tough ride for Petroamerica Oil Corp. (PTA) shareholders,… Continue Reading

by James Kwantes “In a world of steel-eyed death and men Who are fighting to be warm, Come in, she said, I’ll give ya Shelter from the storm.” Bob Dylan, Blood on the Tracks (1975) by James Kwantes Steel-eyed death? Not quite, but speculative investors are bruised and bloodied. And Venture investors are certainly fighting to… Continue Reading