By Randall Woods
Chile’s gross domestic product expanded faster than forecast last year as a boom in the mining and real estate industries boosted investment and sparked an increase in consumer spending.
GDP grew 5.7 percent in the fourth quarter from 2011, the central bank said in a report on its website today, exceeding analyst estimates of 5.6 percent. Read more
To quote CIBC’s Institutional Equity Research on Metals & Minerals released in September 2010, “China simply is not blessed with domestic high-quality copper resources.” For this reason, the firm named copper as its favourite metal. After analyzing a group of “some of the best junior Americas-focused copper names” currently listed on the TSX, the report ranked International PBX (TSX-V: PBX) Ventures number 17 out of the 25 juniors. Read more
This video was created with the generous support of Far West Mining (TSX: FWM)
Resource Intelligence Country Reports: Chile
The balance between opportunity and risk is the hallmark of a successful investor. In mining, project risk can be increasingly quantifiable to all investors by using our RIQ calculators to determine the value of a project based on their assumptions and discounts.
But what about country and jurisdictional risk? Horror stories abound. Investors naively believe rule of law is universal. It is not. Neither is infrastructure. Nor water. Nor power. Nor workers. Conversely, other investors overestimate risk based on fear of the unknown and miss out on winners. Neither is a winning strategy. Read more