Alessandro Bruno

About Alessandro Bruno

Alessandro Bruno holds a BA, MA. He has worked for the United Nations in Libya and specialized in Middle Eastern, African, and South American affairs. Alessandro has worked as an industry analyst, lived and worked abroad extensively and is fluent in English, Italian, Spanish and French with a working knowledge of Portuguese, Arabic and German.

Significant zinc reserves are just one of the advantages of Chesapeake’s Metates gold project

imagesO9BGDQMU Chesapeake Gold Corp. (‘Chesapeake’, TSXV: CKG), an emerging gold company with considerable pedigree given its connection to Goldcorp (CEO Randy Reifel, has been director of Goldcorp and Goldcorp holds a 9% stake in Chesapeake’s shares) has announced that an updated pre-feasibility study (PFS) for its Metates Gold-Silver-Zinc Project (‘Metates’) located in Durango State, Mexico is imminent; it is expected to be released in the first quarter of 2015. Metates holds one of the largest gold, silver and zinc reserves in the world and the original NI: 43-101 PFS was issued in March 2013. The updated PFS assumes a lower initial…

“Todos somos americanos”: President Obama and President Castro rediscover common sense

obama cuba US President Obama and his Cuban counterpart Raul Castro have put an end to a 53-year old crisis. In so doing, the White House has conceded that the embargo against Cuba has failed and that it was ruinous for both parties – as embargos often are. The first step of the emerging USA-Cuban détente will be a mambo of steps, the first of which will be the resumption of mutual diplomatic relations to be emphasized later through measures that dismantle the system of economic sanctions. Obama announced the shift in a speech that concluded with the phrase "Todos somos americanos"…

Zenyatta improves graphite purity with a “far more significant” process

caustic Zenyatta Ventures Ltd. (TSXV: ZEN | OTCQX: ZENYF) has announced that SGS Canada Inc. ('SGS') has managed to produce a high purity and crystalline graphite product using a caustic bake-based process. This is a far more significant achievement than may appear at first glance. Acid leach processes are the more common approaches taken to improve the purity of graphite. A caustic bake, however, involves sodium hydroxide, not an acid, which allows for the recycling of the material, rendering the process more environmentally and economically viable. The caustic bake is no less effective than an acid leach, given that Zenyatta has…

Africa is the new land of opportunity — and wealthier than you think.

images5ETYGNMB During a popular real estate themed reality TV show, a Nigerian businessman, identified as ‘Rob’ buys a majestic 9,300 sq. ft. Beaux Arts estate, once belonging to Los Angeles Times publisher Norman Chandler in a matter of minutes. The man is described as a collector who happens to own the largest furniture store in Africa, which is most appropriate given that he buys the property with all the original tables and chairs; the palatial house even boasts doors that were once associated with the Austrian composer Wolfgang Amadeus Mozart. The deal seemed real and a quick Google search suggests that…

Results of Japanese elections favor nuclear power and rare earths

images526R9EUE Shinzo Abe, the outgoing Japanese prime minister has gambled, after only two years of leadership, and won the parliamentary elections. Although he had a firm grasp of power, Abe decided to call ‘premature’ elections in order to ask the Japanese people whether or not they agreed with his economic policies that have come to be known as ‘Abenomics’. The people have not actually rejected Abenomics but after an initial phase of growth in 2013, Japan has sunk into recession despite the trillions of yen that the central bank has pumped into the economy. Indeed, the voters said yes. Yesterday's vote…

Debunking the lower oil prices makes renewable energy less competitive myth

imagesHUNE7P1W The dramatic and bearish market reaction to falling oil prices has benefited important sectors of the economy: the airlines, logistics and manufacturing industries have been among the biggest winners. But what about the power generation sector? There is the ‘gut’ perception that low oil prices would necessarily lead to lower power costs, but this is not the case. Simply, crude oil is a ‘mobility’ commodity; crude oil does not provide the electricity in homes and businesses. Natural gas, an important newer source of power generation, is related to crude oil in that several oil producing states, including a few in…

Hastings raises 6.5 million ahead of pre-feasibility study for Yangibana Project

hastings Hastings Rare Metals Ltd. (‘Hastings’, ASX: HAS) owns, or has controlling interests in, two major rare earths (REE) projects in Western Australia: the Hastings Project and the Yangibana Project. Hastings has full ownership of the Hastings Project, which is developing a JORC resource, containing Dysprosium, Yttrium, Zirconium and Niobium among other rare earths. As for the Yangibana Project, Hastings maintains 70% control in a joint venture with Rare Earth Minerals PLC (‘REM’, LON: REM) and its deposits contain several critical demand REE’s including neodymium. Hastings has recently announced the raising of AUD$ 6.5 million (with the possibility to raise an…

Alabama Graphite, Elcora Resources and Focus Graphite defy sluggish metals market

Alabama Graphite Week in Review Graphite Market Review — The Graphite & Graphene market remained sluggish for the graphite sector in general and on average, the graphite sector share price dropped 2.66% in the week ending on December 5, 2014. Focus Graphite, Alabama Graphite, Elcora Resources were the exceptions. Elcora Resources Corp. (TSXV: ERA) gained +11.54% for the period. Elcora owns the Sakura mine in Sri Lanka, which holds some 3.35 million tonnes of high grade graphite, suitable for the supply of grades cable of addressing Li-ion battery and graphene production needs. The main advantage of Elcora’s Sri Lankan graphite is that it comes out of…

Eurobonds and potash will boost Ethiopia and Africa’s food security

imagesS53K6I3Z Ethiopia issued a dollar based bond to fund its development goals focused on increasing agricultural production, power generation and transportation infrastructure including the 6,000 megawatt Millennium Dam hydroelectricity project on a Nile river tributary. Deutsche Bank and JP Morgan will be handling the sale of the ten year bond (yielding 6.75%). Ethiopia has been Africa’s fastest growing economy for the past few years; it follows in the lead of other African countries that have issue similar bonds (Eurobonds) recently, including Kenya, Ivory Coast, Senegal and Ghana. Ethiopia’s bond issue reflects both the scope of its development ambitions - needing to…

Lower oil prices are “good news” for the world economy

imagesS2QISVOJ Lower oil prices are "good news" for the world economy, said the Executive Director of the International Monetary Fund (IMF) Christine Lagarde this week in the wake of OPEC’s decision not to cut production: "There will be winners and losers, but on a net basis, that is good news for the global economy," said Lagarde during a panel discussion in Washington. Crude oil prices have fallen dramatically and lost about 30% since June, and currently stand at around 70 dollars a barrel, its lowest level in five years. They are poised to drop further still. Oil prices have risen to…