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"
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
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"
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"
Friday, December 12, 2008
Copper Investing News reports copper fell more than 2% before turning to positive on Thursday. The U.S. dollar retreated to its lowest point relative the euro in six weeks, making the metal less expensive for international holders. U.S. copper futures turned positive, copper for March delivery HGH9 moved up 1.85 cents, or 1.24 per cent, to [...]
Continue reading "Copper adds some shine.."
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 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
Lead Investing News reports lead prices have significantly fallen to about 57% this year. So far, the mass amount of output cuts by lead and zinc companies have done little to stabilize the metals’ precipitous price decline. Australian miner Oz Minerals Ltd (ASX:OZL), already in trouble due to the sharply falling value of metals, has been given [...]
Continue reading "Will lead production cuts boomerang prices?"
Wednesday, November 26, 2008
Diamond Investing News reports holiday season sales for jewellery have declined, disappointing many jewellery companies. A study completed this fall by the Harrison Group and American Express Publishing found that of all the luxury categories, jewellery could take the biggest hit in the downturn. Planned spending by affluent consumers on jewellery was down 15 per cent [...]
Continue reading "Holiday jewellery purchases decline"
Monday, November 24, 2008
Gold Investing News reports gold rallied slightly higher than $800 an ounce in New York. “Gold is really starting to re-emerge as the safe-haven asset,” said David Meger, a metals analyst at Alaron Trading, in a Reuters report. U.S. gold futures for December delivery (GCZ8) settled up $43.10, or 5.8 per cent, at $791.80 an ounce on [...]
Continue reading "Gold comes into its own as Citigroup flounders"
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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