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?"
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"
Tuesday, December 16, 2008
Gold Investing News reports gold prices jumped slightly as the dollar fell. Gold reached platinum prices, with both platinum and palladium falling on Friday in line with other commodities, following the collapse of a mooted deal to rescue ailing U.S. carmakers that knocked investors’ confidence. On Thursday night, a $14 billion bailout deal designed to aid the [...]
Continue reading "Gold jumps, shares rev up"
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?"
Wednesday, December 3, 2008
Gold Investing News reports gold futures were lower with falling oil prices and firm US dollar and the need for President-Elect, Obama’s support in the recent India’s terror attacks. The ‘right’ trade on the India attacks would be two-fold: long gold, short oil. Oil could suffer because the attacks could impair growth in India. As the Indian [...]
Continue reading "Gold, oil crisis, and Obama’s support"
Tuesday, December 2, 2008
Uranium Investing News and U308.biz reports Poland will host the ‘14th Conference of the Parties’ to the United Nations Framework Convention on Climate Change. The nuclear industry will also be there in force, among other things to lobby states to include carbon trading credits for nuclear energy, to the delight of those on the proverbial “nuclear renaissance” [...]
Continue reading "Talkin’ nuclear shop in coal-addicted Poland"
Wednesday, November 26, 2008
Aluminum Investing News reports the failed BHP Rio takeover bid. Last February, Aluminum Corp. of China together with Alcoa, paid $14.1billion for a 12 per cent stake in Rio-Tinto’s London listed shares, giving it a 9 per cent share of the Rio Tinto Group. Aluminum Corp put up most of the money, and many saw the move a tactical [...]
Continue reading "Did Beijing foil the BHP Rio takeover?"
Monday, November 24, 2008
Lead Investing News reports lead miners are earning little profits as the global economic is on a slowdown. Due to zinc and lead’s low prices many miners are underwater and therefore rethinking business strategies. OZ minerals may have no choice but to keep its loss generating Century Mine in operation because shut down costs would be [...]
Continue reading "Zinc and lead companies underwater"
Wednesday, November 19, 2008
Platinum Investing News reports platinum has been falling due to the poor economy. Platinum refiner Johnson Matthey expects the price of platinum to range between $700/oz and $1,400/oz in the next six months, with the outlook for the market more uncertain than it has been for many years. “The dramatic fall in the platinum price in [...]
Continue reading "Wall St. woes hit platinum"
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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