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 [...]
Continue reading "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 [...]
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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 [...]
Continue reading "Copper prices ignore rate cut"
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.."
Tuesday, December 9, 2008
Moly Investing News reports molybdenum finally took a hit in the fall as economic crisis spreads. The alloying metal is down 65 per cent this year, and this decline was seemingly overnight. Molybdenum is a minor metal, therefore, purchase contracts come up less often than the big players copper and nickel. For complete story, click this link. Follow developments [...]
Continue reading "Opportunity in times of crisis"
Friday, December 5, 2008
Copper Investing News reports copper futures fell to a low dating back in July 2005. London Metal Exchange (LME) warehouse stocks fell to 292,775 tonnes, a drop of 250 tonnes. Inventories are still running about 50 per cent above September at their highest levels since January 2004. Indian copper futures traded steady with a downside bias on [...]
Continue reading "Recession or depression?"
Wednesday, December 3, 2008
Palladium Investing News reports palladium prices are expected to fall next year. This is tough news, considering how much of a price decline the metals have already witnessed in 2008. How much more of a hit will palladium take? For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The [...]
Continue reading "Extended downside expected for palladium"
Thursday, November 27, 2008
Nickel Investing News reports nickel prices fell more than 60% this year as the global slump has got nickel miners scaling back. Nickel hit a record high of $51,800 a tonne in 2007, and is now selling around $10,300 a tonne on the LME. Analysts estimate that the collapse in nickel prices has prompted production cutbacks [...]
Continue reading "Nickel miners scale back"
Monday, November 24, 2008
Gold Investing News reports gold rallied slightly higher than $800 an ounce in New York. “Gold is really starting to re-emerge as the safe-haven asset,” said David Meger, a metals analyst at Alaron Trading, in a Reuters report. U.S. gold futures for December delivery (GCZ8) settled up $43.10, or 5.8 per cent, at $791.80 an ounce on [...]
Continue reading "Gold comes into its own as Citigroup flounders"
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"
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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Monday, December 22, 2008
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