Strengthening greenback puts downward pressure on Nickel
Nickel Investing News reports nickel futures in London traded 5% lower making it more expensive for holders of other cuurencies. Nickel dropped by 4.7 per cent to US$19,300 a tonne, it’s lowest since...
View ArticleMarket surplus continues to affect lead
Lead Investing News reports lead spot prices have declined 26 per cent as a result of a long-term market surplus. The impact of this surplus is manifesting itself in myriad forms – mine closures,...
View ArticleWEEKEND WRAPUP
By Dave Brown – Exclusive to ResourceInvestingNews.com In what seems to be a regularly scheduled weekend meeting for European leaders, the most recent summit has resulted in agreements to guarantee...
View ArticleAluminum’s path to the bottom, are we there yet?
Aluminum Investing News reports aluminum prices have fallen with the commodity prices falling due to the global economic crisis. Aluminum companies are taking the brunt of the hit with the metal at a...
View ArticleOlympic preparations in China cause aluminum demand to rise
Aluminum Investing News reports aluminum demand rised as China prepared for its Olympics. The construction boom in China, which escalated prior to the opening ceremonies in Beijing, has caused a ripple...
View ArticleDid Beijing foil the BHP Rio takeover?
Aluminum Investing News reports the failed BHP Rio takeover bid. Last February, Aluminum Corp. of China together with Alcoa, paid $14.1billion for a 12 per cent stake in Rio-Tinto’s London listed...
View ArticleGrowing inventories weigh on nickel
Nickel Investing News reports nickel having the slowest price to rebound. Output reduction in Japan and China decreased production by 6.1 per cent. World demand was down 1.9 per cent from the same...
View ArticleFirst Quantum’s Inmet Win May Signal More Deals
First Quantum’s successful campaign to win over Inmet’s shareholders could be a sign that smaller mining companies may be starting to recognize the benefits of being part of a bigger group.Continue...
View ArticleGold Majors Struggle to Reign in Costs
Cost inflation, combined with a lower gold price, is forcing major producers to make some hard decisions.Continue reading...
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