"King Cobra" May Scare Copper Miners After Zambia Vote Win

Source: Bloomberg, Brian Latham and Anthony Mukwita (9/23/11)

"Michael Sata's victory in Zambia's presidential election may unsettle mining companies facing the prospect of higher taxes."

Bloomberg, Brian Latham and Anthony Mukwita

Michael Sata's victory in Zambia's presidential election may unsettle mining companies facing the prospect of higher taxes.

While the 73-year-old leader, known to his supporters as "King Cobra" after one of the world's most venomous snakes due to his aggressive campaigning style, has pledged to extract more money from miners in Africa's biggest copper producer.

"Sata's upset will have dramatic consequences for the country's copper-dominated mining sector, as well as for the foreign policy and mining-sector policy direction of the southern Africa region," Sebastian Spio-Garbrah, managing director of DaMina Advisors LLP. . .View Full Article

Copper Discovery Co. Is Drill Ready
Source: Michael Ballanger (04/17/2024)

Michael Ballanger of GGM Advisory Inc. shares his thoughts on Vortex Minerals Inc. to explain why he believes it is currently a Buy.

Expert Says Silver-Copper Stock in a Good Place To Buy
Source: Clive Maund (04/15/2024)

Technical Analyst Clive Maund reviews Hercules Silver's charts to explain why he believes it is a Strong Buy.

It's Correction Time
Source: Clive Maund (04/14/2024)

Technical Analyst Clive Maund shares his thoughts on current movements in the gold market.

Green Tech Co. Files Expanded 'Zero-Waste' Patent
Source: Streetwise Reports (04/12/2024)

BacTech Environmental Corp. announced Thursday it had filed its expanded application for what it says is the first zero-waste bioleaching process for recovering metals, fertilizer, and iron from millions of tons of mine tailings worldwide. One newsletter editor calls the news "uber-exciting."

Lithium Junior Expands Nevada Project To Cover New Target
Source: Streetwise Reports (04/12/2024)

Canter Resources Corp. has staked the limited open ground along the western edge of its Columbus Lithium-Boron project in Nevada and expanded it from 23,000 acres to almost 30,000 acres. One newsletter writer and asset manager said the company should have "very exciting" results this year.