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"
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, [...]
Continue reading "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 [...]
Continue reading "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 [...]
Continue reading "Baltic dry index: Iron market revival"
Tuesday, December 16, 2008
Silver Investing News reports silver prices rose with gold on Monday’s trading. Silver may be able to reach $12.20/oz in the short term if it can break $11.00/oz. The precious metals have been benefitting from a weaker dollar and gains in equities and other commodities. For complete story, click this link. Follow developments in resource mining and [...]
Continue reading "Miners’ woes product of loose credit?"
Monday, December 15, 2008
Silver Investing News reports silver price moved slightly higher than $10.50 on Thursday’s trading. A weaker dollar and gains in commodity prices helped to stir speculation that future inflation may be on the cards. The surge in price has recharged the bullish sentiment of many analysts. For complete story, click this link. Follow developments in resource mining [...]
Continue reading "Silver busts the $10.50 fence"
Friday, December 12, 2008
Copper Investing News reports copper fell more than 2% before turning to positive on Thursday. The U.S. dollar retreated to its lowest point relative the euro in six weeks, making the metal less expensive for international holders. U.S. copper futures turned positive, copper for March delivery HGH9 moved up 1.85 cents, or 1.24 per cent, to [...]
Continue reading "Copper adds some shine.."
Friday, December 12, 2008
Potash Investing News reports potash price has been high since last year. Potash companies have been under fire recently for failing to drop the selling price of potash despite all of the other commodities price crash. For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.
Continue reading "Are potash giants guilty of collusion?"
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?"
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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Friday, December 19, 2008
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