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 [...]
Continue reading "Rate cut has minimal influence on nickel"
Tuesday, December 16, 2008
Moly Investing News reports molybdenum price is impacted by the slow buying by the Chinese. Molybdenum is already in a tight supply situation that has been aggravated by recent shutdowns and output curtailments. Moly demand typically grows at a rate of 4 per cent to 6 per cent each year, and in order to supply this [...]
Continue reading "New pipelines will spell success for moly"
Thursday, December 11, 2008
Nickel Investing News reports nickel futures traded higher as investors showed buying interest. A favourable response to the stimulus packages that will be put in action by the incoming U.S. administration lifted most of the base metals. On the MCX, Nickel December 2008 contract opened at Rs 462.80 a kg as compared to its previous closing [...]
Continue reading "Nickel futures on the rise"
Wednesday, December 10, 2008
Aluminum Investing News reports an increase in aluminum price on Monday. Aluminum’s gain was welcome after prices sunk during the previous week. Aluminum has taken its steepest price decent on record this year, a trend witnessed in many metals including copper, nickel and platinum. Battered aluminum prices are directly affecting the companies who produce the metal. For [...]
Continue reading "Will infrastructure spending rebound aluminum?"
Wednesday, December 10, 2008
Tin Investing News reports tin has been holding firmly in the global markets. The price of tin could continue to hold firm since cutbacks in the market have been more extreme than for other metals and tin stocks remain low, said Stephen Briggs, analyst at RBS Global Banking & Markets. For complete story, click this link. Follow [...]
Continue reading "Will China save the tin market?"
Monday, December 8, 2008
Lead Investing News reports lead prices have fell to its lowest point. Lead prices on the LME are poised to fall further after dropping sharply in the previous session. Analysts are now forecasting that the metal’s demand base could weaken further as growth in China continues to shrink and car sales keep falling. Lead for delivery [...]
Continue reading "Low zinc and lead inventories threaten price stability"
Friday, November 21, 2008
Copper Investing News reports the demand for copper is weakening due to the slow economic growth. Japan and Germany are in a full-fledged recession, and China and the U.S. are in bear markets teetering on the brink. The metal has lost more than half of its value since June 30 as declines in manufacturing; tighter credit [...]
Continue reading "Copper demand mirrors economic growth"
Thursday, November 13, 2008
Nickel Investing News reports nickel markets were relieved with China’s stimulus package recently. A declining greenback made the metals more economical for holders of other currencies. Short covering as investors who had bet on lower prices bought back their positions helped nickel rise 13 per cent. For complete story, click this link. Follow developments in resource mining [...]
Continue reading "China’s stimulus package gives nickel short-term relief"
Wednesday, November 12, 2008
Silver Investing News reports silver has rallied with China’s stimulus package news as well as a boost from gold price with the dollar under pressure. The purpose of the plan is to boost domestic demand. The government has chosen to remove credit restrictions on commercial banks in order to open up lending to projects in rural [...]
Continue reading "China news gives silver a boost"
Wednesday, November 12, 2008
Moly Investing News reports molybdenum prices have dropped sharply with the global economic pressures. The downturn in global steel demand hit the metal hard, as molybdenum is used in structural steel and oil pipelines. However, analysts are optimistic about moly’s future. Even as demand wanes, supply remains tight. It is the tight supply picture that ultimately [...]
Continue reading "Economic malaise causes moly prices to collapse"
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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Thursday, December 18, 2008
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