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"
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
Lead Investing News reports lead price has fell to more than 60% this year. Lead has joined the likes of platinum and palladium in being hit by poor automotive sales data. However, analysts say that lead has been unfairly grouped with these metals. Only around 10 per cent of lead demand is directly linked to new [...]
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?"
Monday, December 8, 2008
Lead Investing News reports lead prices have fell to its lowest point. Lead prices on the LME are poised to fall further after dropping sharply in the previous session. Analysts are now forecasting that the metal’s demand base could weaken further as growth in China continues to shrink and car sales keep falling. Lead for delivery [...]
Continue reading "Low zinc and lead inventories threaten price stability"
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
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"
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?"
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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