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 [...]
Continue reading "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 [...]
Continue reading "Has China’s tungsten monopoly backfired?"
Tuesday, December 16, 2008
Zinc Investing News reports zinc prices have not improved despite supply cuts. In Shanghai, spot zinc traded at about 9,350 Yuan a tonne on Thursday versus 13,850 Yuan 3 months earlier. For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.
Continue reading "Will Chinese purchases boost zinc and lead demand?"
Thursday, December 11, 2008
Coal Investing News reports coalmay take a hit next year however its future looks bright. The global economic downturn has forced many commodities producers to cut production. The world’s third largest thermal coal exporter, Russia, has recently announced it, too, has been forced to curtail production. For complete story, click this link. Follow developments in resource mining [...]
Continue reading "Coal: future outlook remains strong"
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
Uranium Investing News & U308.biz report spot uranium price remains steady as the December holiday season approaches. Market bulls maintain the slowdown was a natural and expected one, what with the holidays just around the corner. The December holiday season is traditionally a quiet time for yellowcake, as it is in many others. For complete story, click [...]
Continue reading "Spot price holds steady as holiday lull approaches"
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, December 5, 2008
Tungsten Investing News reports with the crash of the markets this year, tungsten’s value has lost. Some stability though has been lent to tungsten metal due to the fact that China has a monopoly on the market. China has curbed output to coincide with the price collapse, and this has lent some stability. For complete story, click this [...]
Continue reading "Tungsten companies move forward"
Tuesday, December 2, 2008
Moly Investing News reports moly prices have been affected with the global economic slowdown. China just announced that its exports of molybdenum are down 6.1 per cent in October, and 21.6 per cent annually for the year on year period. China shipped out 2245 tonnes of molybdenum products in October, and 2230 tonnes in September. For complete [...]
Continue reading "Molybdenum cuts continue"
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For upcoming resource investing trade shows, see the following links: Cambridgehouse, IIC
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Friday, December 19, 2008
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