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 [...]
Continue reading "Cutbacks make way for zinc boom"
Friday, December 19, 2008
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
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"
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?"
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 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?"
Monday, December 8, 2008
Zinc Investing News reports zinc prices has fallen about 52% . A build-up of large inventories of unsold zinc has prompted many to predict further price declines. Production cutbacks have yet to hit prices as it can take up to four months for ore pulled out of a mine to end up as shipped metal. This means [...]
Continue reading "Low zinc and lead inventories threaten price stability"
Wednesday, December 3, 2008
Platinum Investing News reports platinum price slipped down to 8.8 per cent from $871.50 an ounce late on Friday. Platinum is trading at its lowest price relative to gold in about 11 years. Moving forward, there is some optimism that with everyone cutting their output and work force, shrinking supply may rebound prices. Poor economic conditions for platinum [...]
Continue reading "Greenback’s gain triggers precious metals sell-off"
Tuesday, December 2, 2008
Zinc Investing News reports zinc prices have fallen to $1,198 a tonne, lowest in 2 years. After reductions in automobile production, both General Motors Corp and Ford Motor Co cut vehicle production as sales slumped to their lowest level since 1991, the metal used in car batteries took a hit. Lead for delivery in three months [...]
Continue reading "Will zinc production boomerang prices?"
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"
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.
Copyright © 2008 Dig Media DigMediaSolutions.com 740 Nicola Street Ste 100, Vancouver BC V6G 2C1
Monday, December 22, 2008
0 Comments