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?"
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"
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, November 18, 2008
Silver Investing News reports silver price has been above $9/oz level and holding on. In order to maintain a “bullish zone”, silver must hold $9.55/oz. According to Karnani, $9.85/oz and $10.55/oz are the key intra day resistance levels. Silver’s “downside will be limited this week” if prices can hold above $8.80/oz. Although the term “bull” is still being [...]
Continue reading "Mining shares: Get out or get in?"
Thursday, November 6, 2008
Tournigan Energy reports the appointment of Mr. Alva L. Kuestermeyer as its VP, Engineering / Environmental and the promotion Mr. Rich Eliason to VP, Exploration. Mr. Kuestermeyer has over 35 years of operational and consulting experience in the minerals industry specifically in project management, mineral processing, extractive metallurgy, market analysis and project economics. He joins Tournigan after [...]
Continue reading "Tournigan appoints VP Engineering / Environmental & VP Exploration"
Wednesday, November 5, 2008
Platinum Investing News reports platinum prices did not perform well with the current market turmoil. As turmoil roils the global financial system, platinum has been hit hard as the economy slows and investor confidence weakens. If the global economy continues its downward spiral it is highly likely that we will witness further downside in the metal’s [...]
Continue reading "What is ahead for Platinum?"
Sunday, October 26, 2008
Silver Investing News reports silver fell 8% with the global markets hit with the recent financial crisis. The precious metals along with other commodities are also taking a hit from dollar gains. “We’re still seeing margin-call liquidation and the dollar strengthening,” said Heritage West Futures commodity analyst, Ralph Preston. “The dollar is firming and pushing commodities down. [...]
Continue reading "The dollar: the new safe haven?"
Wednesday, October 22, 2008
Platinum Investing News reports the price of platinum rising and falling over the last two days. Platinum’s rise from its 3 1/2 year low came as crude oil prices advanced, encouraging investors to buy commodities including precious metals. A spike in oil may recover platinum, and OPEC is meeting in November to discuss production levels. OPEC favors [...]
Continue reading "Platinum’s rollercoaster ride"
Wednesday, October 22, 2008
Palladium Investing News reports as the dollar weakens with the settling of financial markets, palladiun rallied to about $169.50 per ounce. Palladium and platinum have both taken big hits due to the health of the auto economy. In the US, between September 2007 and September 2008, car sales fell by 26.6 per cent, and the trends [...]
Continue reading "Dollar rallies palladium, but auto industry woes set the tone"
Thursday, October 16, 2008
Palladium Investing News reports spot market for palladium remained unchanged on NYMEX after the markets rallied. Palladium is currently trading for a bid/ask price of $197.00/205.00: this is unchanged from October 13.08, when the Dow Jones climbed 936 points. The Dow Jones ceased its dizzying climb today as investors stepped back: Ed Yardeni, who performs investment strategy analysis for [...]
Continue reading "Palladium prices stable after market rally"
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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