GLG News by Mining Experts

The era of the American OEM automotive industry being able to suppress raw material price increases is over. Car pricing increases are on the way. Michigan's recession in one state is already looking as if it will become a depression in one state

Ford sold 216,000 cars in China in 2007 including a few thousand Jaguars, Land Rovers, and Aston Martins, brands it will shortly no longer own or manufacture. This number represents neither a large market share in China, some much smaller Chinese car companies have larger unit sales, nor any...

The tech 'revolutions' in the period since World War II have been numerous and monumental. Just the advances in electronics and  structural materials and the resultant engineering advances made possible by them have changed our civilization globally and forever. Now we are moving from the study...

The US is not currently realizing any economic value from its large untapped reserves of oil, oil shale, iron, tungsten, copper, chromium, nickel, thorium, rare earths and many other metals and minerals, deposits of which are already proven and feasible to extract technologically? In...

General Motors seems not to have learned its lesson from Roger Smith's foolish drains on time and capital with EDS and Hughes Electronics. GM, and to be fair, most of the West's OEM automotive industry, seems to still think that you can buy core competency rather than go through the process of mastering...

The Ford Motor Company may well be the least qualified OEM automotive producer on earth to comment on the timing of the arrival of the next generation batteries for hybrid vehicles. Nonetheless that fact will get lost in the mountain of bull****  now being built from predictions by OEM automotive...

The merger of Yamana, Meridian and Northern Orion embraces many strategic dimensions that must be considered in analyzing its merits. The positive expectancy concerning the quality of the transaction is supported by the manifestation of several attributes in condition to add substantial value to the...

The global steel industry, outside of the US, is rapidly vertically integrating. Anglo-Indian ArcelorMittal and Russian Severstal, for example, are buying metallurgical (coking) coal mines and iron ore mines wherever and whenever they can, so as to avoid the bind that the Chinese steel industry is now...

There is a saying that bull**** talks and money walks; which category does lithium battery technology for OEM cars and trucks belong in? Will lithium technology batteries be high priced alternatives, reasonably priced replacements, or a technology that failed to meet its promise?

Will the Fed ultimately have to increase the money supply in order to pay in dollars for the commodities, once produced in the US sufficiently for domestic demand, that are now more and more being bought from other nations? What will happen when the US is no longer the largest purchaser of these commodities...