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
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"
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"
Thursday, December 4, 2008
Nickel Investing News reports nickel prices fell as producers have to delay their projects. So far, in 2008, and extending into 2009, mines in Australia, Canada, Finland, Africa and Asia have cut output by approximately 49,500 tonnes; smelters will process 54,000 fewer tonnes. In addition, many companies that had planned expansions based on higher prices have been forced [...]
Continue reading "Nickel industry faces delays"
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"
Tuesday, December 2, 2008
Silver Investing News reports silver prices have fallen from $10.26 on Fridaylast week to $9.15 on Monday this week. Silver and gold were both under pressure from a firm dollar, falling oil prices, and grim global economic news. Resource stocks in general experienced losses. The TSX took a dive and analysts anticipate its six-session streak of gains will [...]
Continue reading "Economic factors influencing silver"
Tuesday, November 25, 2008
Silver Investing News reports silver prices peaked as high as $10.60 per oz in New York on Monday. Mark O’Byrne, Executive Director at Gold & Silver investments lists weakness in the dollar, oil gains and safe-haven buying as contributing factors to gold’s significant gains in early morning trading, and these factors can be attributed to silver’s [...]
Continue reading "Hard assets for hard times"
Monday, November 24, 2008
Zinc Investing News reports due to the slow global economic outlook, zinc prices have declined further. Right now, zinc is priced at around $0.54 a pound on the LME; at this value about half the world’s zinc is being produced at a loss, and up to a half million tonnes of capacity elsewhere is under threat of [...]
Continue reading "Zinc and lead companies underwater"
Tuesday, November 18, 2008
Gold Investing News reports gold price have dipped to its lowest since September 2007. An adviser to President Mahmoud Ahmadinejad was quoted by Reuters as saying, “With the plans of the presidency…the country’s money reserves were changed into gold, so that we wouldn’t be faced with many problems in the future.” Before oil prices plunged 60 per [...]
Continue reading "Crude tumbles, gold slips, demand surges"
Friday, November 14, 2008
Silver Investing News reports weakening of the markets and stronger dollar affecting commodities. A slowing economy and reduced industrial demand has hurt the silver price the most this week. It’s “more related to the economy than gold is,” said Bart Melek, BMO Capital Markets global commodity strategist. Silver is functioning much more as an industrial metal [...]
Continue reading "Quality juniors can and will recover"
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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