Ron Thiessen – Think Piece

Featuring Ron Thiessen

Ron Thiessen’s Northern Dynasty is the firm behind the world’s largest undeveloped polymetals project in Alaska. Get the low down on how new mine financing and discovery challenges will affect the production gap.

Published on
30 August, 2016
Topic
Hard Commodities, China
Duration
23 minutes
Asset class
Commodities
Rating
31

Comments

  • RR

    Robert R.

    7 9 2016 18:42

    1       0

    To quote Gianni Kovacevic "copper is the green metal". We are going to need a lot more for the grid as we use more electric vehicles etc. Great interview.

  • AE

    Alex E.

    5 9 2016 07:57

    0       0

    William E., you should have at least 5-10% of your portfolio in all the investables (commodities being one of them). Whether to invest in today's climate is a toss-up. I personally wouldn't because I don't trust current markets, but there is nothing saying that you couldn't take small nibbles...Also, if you're going to buy commodities, look at buying companies that purchase income streams like Silver Wheaton, etc. They provide you a dividend stream from many different mines without the hassle of building them.

  • DT

    Dmitry T.

    3 9 2016 15:57

    4       0

    http://www.stoppebblemine.org/
    http://www.savebristolbay.org/
    Pebble Mine has massive environmental issues. There is no way they will protect salmons runs, which have been in existence since forever, by moving 10 bln tons of rock (which they will contaminate) and building roads, pipelines, port and energy generation facilities around Lake Iliamnna and Bristol Bay. He is long this project, while Anglo American and Mitsubishi cut it, and he knows that his chances of pulling it off are diminishing. How cynical it is to argue that he would improve ! stream conditions if he is allowed to dig this mine... Nevertheless, it was interesting to hear his take on supply/demand conditions and outlook in copper market.

  • EA

    Ellen A.

    2 9 2016 09:16

    2       0

    Welll... Going along with ED T., I believe that Pebble Mine has had Mitsubishi Corp., Rio Tinto and Anglo American pull out over the years due to backlash from the indigenous people of the area and environmental groups such as NRDC. I think there's another side to this story that needs to be researched. I don't think the environmental issues have been resolved...it may be more than just EPA approval.

  • SF

    Simon F.

    2 9 2016 06:36

    0       0

    ...items like this are either interviews or better still head to heads with an informed opposing view

  • SF

    Simon F.

    2 9 2016 06:35

    1       5

    I think this is simply a man with an agenda given space to make a shameless sales pitch. I have no idea whether his pitch stacks up withut some incicive cross examination, so, please can RV ensure ite

  • DV

    Daniel V.

    1 9 2016 02:25

    1       0

    Huge copper deposit are being built and will be coming online soon. Ivanhoe's mine in the DRC, and the huge copper mine in Mongolia, I forgot the name.

  • WE

    William E.

    31 8 2016 20:34

    5       0

    Question to the group - Given the long cycle in commodities (not counting gold / silver here), does it make sense to have 5 - 7% in com. today (lets say $ cost avg. over next 3 yrs) as part of retirement portfolio. The bucket this allocation would be in would be the "not needed" for at least 10 years. Yes = agree and no = not good idea.
    Thanks

  • KB

    Kreso B.

    31 8 2016 01:09

    11       0

    https://en.wikipedia.org/wiki/Pebble_Mine

    Environment can be always protected, with a certain cost. Whether it's cheaper to bribe officials, or to do the actual protection work depends on the society.

  • jd

    john d.

    31 8 2016 00:51

    5       1

    So this is one of those applicable optionality plays of a Trump presidency. Clinton in ... no progress. Trump in ... mine gets built.

  • ET

    Ed T.

    30 8 2016 20:53

    33       9

    It is indeed and interesting and informative presentation on the metals and mining markets. Pebble, as you may know, sits at the head of one of the most pristine water-sheds in the world with some of the most robust runs of native fish. I don't buy the notion that an enormous mine project in the headwaters of that drainage, no matter the current technology, is somehow going to enhance habitat that mother nature has been managing very well for millions of years. The legacy of mining companies and watersheds in the west is what Super-Fund sites are all about. Too bad these magnificent deposits are located in such a pristine environment. http://www.savebristolbay.org/home

  • DP

    David P.

    30 8 2016 13:18

    1       0

    Agree, superb and certainly ticks the Learning & Development box. Learnt SO much. Thanks to Ron and RV as ever.

  • CL

    Charl L.

    30 8 2016 12:30

    4       1

    Brilliant and very educational. Thanks RV TV. Makes me want to move to Alaska just to see how this develops.