Uranium Investing News and u308.biz report spot price of uranium slips with very little activity as the year 2008 ends.
Analysts say the market is up because most of the selling is done for the year and that investors will have to wait a week or so if they are after high market activity, since no [...]
Read the full article: "Spot price slips as year-end sellers look to woo tapped out buyers"
Monday, December 22, 2008
Lead Investing News reports lead may boom with the current cutbacks in the mining industrydue to the global recession.
The recent price crash in the metals means that many miners who were once raking in cash are now cutting output and suspending operations just to stay afloat.
For complete story, click this link. Follow developments in resource [...]
Read the full article: "Cutbacks make way for lead boom"
Monday, December 22, 2008
Zinc Investing News reports with the recent cutbacks in base metals due to global recession which will make way for zinc to boom.
Zinc is one of the metals most positioned for an acute supply shortage. The crunch point could come as early as 2011 or 2012 once surplus inventories from the current downturn are worked [...]
Read the full article: "Cutbacks make way for zinc boom"
Friday, December 19, 2008
Copper Investing News reports price of copper has fell more than 55% this year due to the global recession.
Copper fluctuated this week, first it declined, and then it pared losses as the US dollar plunged against the Euro, spurring demand from investors seeking alternative assets. A weakness in the dollar may spark a rally for [...]
Read the full article: "Copper prices ignore rate cut"
Friday, December 19, 2008
Tungsten Investing News reports tungsten demand has been decreasing in China.
In 2007, the latest year for which industry data is available, it shipped $23 million worth of tungsten carbide powder and alloy jewelry. Last year, Shenzhen was estimated to export just $18.4 million worth, a reduction of 25 per cent. There are a few factors [...]
Read the full article: "Has China’s tungsten monopoly backfired?"
Thursday, December 18, 2008
Coal Investing News reports a coal and mining law was passed in Indonesia recently.
The new Bill on Minerals and Coal Mining replaces the 1967 legislation and requires the review of all current contracts. It gives the Indonesian government more control over minerals and coal output and deems certain areas as national reserves for domestic supply and [...]
Read the full article: "Indonesian mining law scrutinized"
Thursday, December 18, 2008
Nickel Investing News reports nickel price had minimum effect with the Federal Reserves rate cut.
On India’s Multi Commodities Exchange (MCX), Nickel December 2008 contract opened at Rs 475.90 per kg as compared to its earlier closing of Rs 481, tossed in the range of Rs 467.10-485.90 and was last traded at Rs 475.90, down 1.06 per [...]
Read the full article: "Rate cut has minimal influence on nickel"
Wednesday, December 17, 2008
Platinum Investing News reports platinum price falls to a value of 45%.
As investors have fled the platinum market, they have flocked to gold as a safe haven. Last Thursday, the momentous occasion of gold surpassing platinum occurred as gold purchases gained extra impetus as the U.S. dollar tumbled and oil rallied. Platinum demand has been fundamentally, [...]
Read the full article: "Gold exceeds platinum in value"
Wednesday, December 17, 2008
Palladium Investing News reports palladium price rebounded on Monday’s trading to more than 5%.
Palladium hit $176.50 per ounce as technical buying emerged after demand worries stemming from an ambiguous auto industry vote hit platinum group metals on Friday. Platinum and palladium traders are still awaiting the outcome of a new vote; anticipated to come through [...]
Read the full article: "Palladium in limbo over auto bailout"
Wednesday, December 17, 2008
Iron Investing News reports iron-ore market see optimism with the rise in BDI.
“Indications are that miners have been selling more iron ore on the spot market, less expensive to steel producers than tonnage at contracted prices” said investment bank Dahlman Rose. The iron ore price on the spot market has increased $4 to $63/tonne this [...]
Read the full article: "Baltic dry index: Iron market revival"
Below is a list of the sites in the Resource Investing network:
For an overview of oil and gas news, please see OilandGasInvestingNews.com
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
For upcoming resource investing trade shows, see the following links: Cambridgehouse, IIC
The Resource Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Wednesday, December 31, 2008
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