Iran Breaks Gasoline Production Record

Source: Press TV (10/4/10)

"66.5 million liters per day, an additional 27 million liters next year."

Deputy Oil Minister Alireza Zeighami says Iran has broken the record in gasoline production with an output of 66.5 million liters per day.

"Next year, 27 million liters will be added to the country's gasoline production," said the Iranian oil official.

While Iran is the second-biggest crude oil producer in the Middle East, its limited refining capacity forced it to depend on imports to meet domestic demand for gasoline.

However, according to Iranian officials, the country has now reached self-sufficiency in gasoline production.

"Gasoline production projects are already underway at Shazand, Abadan, and Tehran refineries and we are trying to boost their production capacity by the year end (Iran's calendar year ends on March 20)," he told SHANA.

In June, the UN Security Council imposed a fourth round of sanctions on Iran over its nuclear activities over accusations that the country is pursuing a military nuclear program.

Tehran has repeatedly refuted such allegations and maintains it has the right to use nuclear technology for civilian purposes as a signatory to the Nuclear Non-Proliferation Treaty and a member of the International Atomic Energy Agency.

The U.S.-engineered UN Sanctions mainly target Iran's energy and financial sectors.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Latin America: Six Gold Juniors Amass 100M+ Ounces
Source: Marc Davis, BNW News (05/25/2010)

Latin America, the world's last great mineral frontier for prolific gold discoveries, is proving a godsend for some lucky investors.

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."

I haven’t spoken to my old mining stock friend, noted and universally respected gold stock guru, Bob Bishop, about Rare Element in a year, but I hear he is still a supporter and very large shareholder. I don’t believe he will hold it against me to remind you that this was one of his favorite holdings when he left the newsletter writing business. . .

It's Only the Beginning for Uranium
Source: www.financialinsights.com (06/03/2005)

Dr. Richard S. Appel, author of Financial Insights, first became bullish on uranium in mid-2003, when it appeared obvious that its supply versus demand equation was fated to seriously drive higher its price. Since then, a series of events in the uranium industry has led Appel to believe that uranium prices will reach never before seen levels.

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