Category Archives: Mining
How to value a project, the inputs
Valuations are traditionally done in boom times and bust times, and they are done very differently in both times. I am going to go over how to value a mineral property in a full market cycle. I am not going … Continue reading
Filed under By Benjamin, Mining
More CSN (and the bidders are unknown)
Reuters India: Russians, Japanese vie for CSN unit Ok, well, not unknown, but we are not certain who they are. There are a couple separate lists provided by different people, so I tend to not trust them. The valuation numbers … Continue reading
Filed under By Benjamin, CSN, Mining
Chinese sell out of U.S. project to Cliffs
PR-Insider.com: Cleveland-Cliffs updates 2008 iron ore revenue-per-ton guidance; provides commentary on 2009 North American iron ore pricing Reuters: Cleveland-Cliffs buys out minority holder in Minnesota What is 30% of 5.2 million tonnes of U.S. pellet production worth? Apparently a whole … Continue reading
Filed under By Benjamin, Cliffs, Iron Ore, Mining
Another good deal by the Indians
Bloomberg.com: Sterlite rises to five-month high on plan to buy Asarco London Times Online: Tempus: Copper bottomed This is a very smart deal. Sterlite bought okay assets for a decent price with the environmental liabilities stripped. The removal of those … Continue reading
Filed under Mining
