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?"
Thursday, December 18, 2008
Coal Investing News reports a coal and mining law was passed in Indonesia recently. The new Bill on Minerals and Coal Mining replaces the 1967 legislation and requires the review of all current contracts. It gives the Indonesian government more control over minerals and coal output and deems certain areas as national reserves for domestic supply and [...]
Continue reading "Indonesian mining law scrutinized"
Thursday, December 18, 2008
Nickel Investing News reports nickel price had minimum effect with the Federal Reserves rate cut. On India’s Multi Commodities Exchange (MCX), Nickel December 2008 contract opened at Rs 475.90 per kg as compared to its earlier closing of Rs 481, tossed in the range of Rs 467.10-485.90 and was last traded at Rs 475.90, down 1.06 per [...]
Continue reading "Rate cut has minimal influence on nickel"
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"
Wednesday, December 17, 2008
Iron Investing News reports iron-ore market see optimism with the rise in BDI. “Indications are that miners have been selling more iron ore on the spot market, less expensive to steel producers than tonnage at contracted prices” said investment bank Dahlman Rose. The iron ore price on the spot market has increased $4 to $63/tonne this [...]
Continue reading "Baltic dry index: Iron market revival"
Tuesday, December 16, 2008
Silver Investing News reports silver prices rose with gold on Monday’s trading. Silver may be able to reach $12.20/oz in the short term if it can break $11.00/oz. The precious metals have been benefitting from a weaker dollar and gains in equities and other commodities. For complete story, click this link. Follow developments in resource mining and [...]
Continue reading "Miners’ woes product of loose credit?"
Tuesday, December 16, 2008
Moly Investing News reports molybdenum price is impacted by the slow buying by the Chinese. Molybdenum is already in a tight supply situation that has been aggravated by recent shutdowns and output curtailments. Moly demand typically grows at a rate of 4 per cent to 6 per cent each year, and in order to supply this [...]
Continue reading "New pipelines will spell success for moly"
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"
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?"
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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