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  • Tech, Immigration, Tourism, And Exports Can Defuse Japan's Demographic Time Bomb  [View article]
    Japan's population decline may be bad for the economy, but it will undoubtedly improve the quality of life. Japan is one of the most overcrowded, over populated areas on the earth, and the quality of life suffers from this. It would be best if the Japanese figure out how to deal with a declining population thru use of machines and other technology. Innovation is a better solution than throwing more people at the problem. Quality of life is more important than money.
    May 11, 2015. 11:55 AM | Likes Like |Link to Comment
  • Why Isn't Anyone Talking About Newmont?  [View article]
    You are correct. NEMs Board is clueless and has been that way for many years. How else could a company blow all that production from some of the greatest gold mines during the greatest gold boom of all times.
    Nov 2, 2014. 11:54 AM | Likes Like |Link to Comment
  • Newmont Mining +1% on reports of increased investor pressure for break-up  [View news story]
    Merging ABX and NEM would be like mixing oil and water. But breaking up NEM into smaller regional companies could make sense. The Denver headquarters costs about $80 / oz to maintain, plus probably another $80 / oz in working costs delegated to the regions. You would save those costs and allow the regions to operate more efficiently.
    Jul 11, 2014. 11:46 AM | Likes Like |Link to Comment
  • Barrick Gold CEO has big plans for Nevada growth  [View news story]
    Thankfully the merger talks are "finished".
    May 27, 2014. 12:53 PM | Likes Like |Link to Comment
  • At least two miners are killed and more than 30 others are trapped underground after a training tunnel collapsed at Freeport McMoRan's (FCX -0.9%) massive Grasberg mining complex in Indonesia. Output at Grasberg, the world's second largest copper mine which also has the world's largest gold reserves, is not expected to be significantly affected, FCX says.  [View news story]
    two guys get killed and 30 are trapped and all they say is "output is not expected to be significantly affected"
    May 14, 2013. 01:12 PM | 2 Likes Like |Link to Comment