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"
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?"
Tuesday, December 16, 2008
Lead Investing News reports lead price has fell to more than 60% this year. Lead has joined the likes of platinum and palladium in being hit by poor automotive sales data. However, analysts say that lead has been unfairly grouped with these metals. Only around 10 per cent of lead demand is directly linked to new [...]
Continue reading "Will Chinese purchases boost zinc and lead demand?"
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"
Tuesday, December 9, 2008
Silver Investing News reports silver metal has been hit with lower prices and higher production costs. U.S. miners are now faced with a new challenge as a Democratic-majority Congress is threatening mining reform legislation that has many in the industry worried about the future of mining under the Obama administration. For complete story, click this link. Follow [...]
Continue reading "The U.S. mining industry in jeopardy?"
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
Gold Investing News reports further drops in oil and job cuts have led to lower gold prices in the recent week. New York gold futures fell sharply to close just above $750 an ounce, ending the week more than 8 per cent lower as the bleak US jobs report triggered wholesale liquidation of assets across the [...]
Continue reading "Job losses drag gold down, oil retreats"
Friday, December 5, 2008
Uranium Investing News reports uranium spot price increased up to 20%, according to TradeTech though there were more turmoil in the credit scene. Online financial news service FNArena reports twenty-four transactions were conducted in November, moving more than 4 million pounds U3O8 equivalent and buoying spot uranium prices from to US$55 a pound from US$46 a [...]
Continue reading "November bad for uranium stocks, good for spot prices"
Friday, December 5, 2008
Silver Investing News reports MAG Silver Corp. rose 13 per cent after Fresnillo PLC, world’s biggest primary silver reported its take-over for MAG Silver. The senior silver producer is offering MAG US$4.54 a share for complete ownership. Earlier this year, Fresnillo purchased a 19.8 per cent stake in MAG, its joint venture partner on the Juanicipio deposit in Mexico. Currently, MAG owns 44 per [...]
Continue reading "MAG mystified by “take-under” offer"
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"
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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Tuesday, December 16, 2008
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