Coal Investing News reports metallurgical coal is facing price cuts while thermal coal is facing a positive outlook. As demand for steel exploded in developing nations like China earlier this year, the price of metallurgical coal tripled to over $300 per tonne, said Jim Thompson, Editor of Coal & Energy Price Report. “Prices had gone to [...]
Continue reading "Coking coal price cuts"
Wednesday, December 3, 2008
Iron Investing News reports BHP and Rio’s takeover bid finally ended. Although the deal is dead in the water for now, it’s an idea that will no doubt remain in the minds of BHP management for the future. The desire to merge BHP and Rio began in the 1990s and was first tried in 2001 by [...]
Continue reading "BHP’s takeover of Rio dies"
Thursday, November 27, 2008
Uranium Investing News and U308.biz report rebounding of uranium prices recently shows proof of bull is back in the uranium industry. Sure, many miners remain in trouble, but hopes of continued spot gains run high, bringing with them opportunities. Spot uranium prices climbed US$2 to US$55 a pound this week, according to price publisher Tradetech. For complete story, [...]
Continue reading "Spot uranium recession-proof, say bulls"
Wednesday, November 19, 2008
Iron Investing News reports production cutbacks combined with bleak economic outlook investors in iron ore do not see a bright outlook ahead. Customers of the world’s three largest iron ore producers have asked for shipment deferrals leading the big miners to consider production cutbacks. For complete story, click this link. Follow developments in resource mining and exploration for free.Sign [...]
Continue reading "BHP sees no need to cut production"
Wednesday, November 5, 2008
Iron Investing News reports the EU issued objections to BHP Billiton’s hostile takeover of Rio Tinto. Europe’s steel manufacturers brought their worries to the EU Competition Commissioner in May. The steel industry fears that such a deal could create inflated raw material prices. BHP first made the bid of 3.4 BHP shares for every Rio Tinto share [...]
Continue reading "Iron ore industry highlights"
Friday, October 31, 2008
Potash Investing News reports potash prices have been holding up despite the gloomy global markets. In September, price support came by way of a strike at three of PotashCorp’s mines in Saskatchewan, record low North American inventories, and sold-out contract volumes at major potash producers. Potash sales have slowed recently as farmers in the United States [...]
Continue reading "Will potash stay on top?"
Thursday, October 30, 2008
Aluminum Investing News reports aluminum has been chosen fo Apple’s MacBook Pro laptop with its recent unveiling of its line of laptops. Apple executives remain very optimistic about the potential of the MacBook Pro to revolutionize laptop design. Today’s (Oct. 15/08) stock quotes for Apple (Nasdaq.GS:AAPL) remain down, with a 2.63 per cent decrease from yesterday: Apple shares [...]
Continue reading "Apple chooses aluminum for MacBook Pro"
Thursday, September 4, 2008
Iron Investing News reports demand for steel in summer was down due to heat, heavy rainfall and the Olympics in China. Many analysts believe the recent drop in the Chinese steel market is indicative of slowing economic growth and the end of the commodities boom, which could spell trouble for raw material companies like Rio Tinto. [...]
Continue reading "Chinese economy: Post-Olympic recovery"
Tuesday, August 19, 2008
Zinc Investing News reports the price of zinc recovered over the last week. BHP Billiton Ltd., which currently sits at around US$58 per pound (NYSE PLC), has been in the news for some time now. The Australian company has a take-over plan for Rio Tinto in the works, in order to create “the world’s premier diversified resources [...]
Continue reading "Of shaky zinc prices and acquisition plans"
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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Thursday, December 4, 2008
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