Today's US jobs data pushed precious metals down, but gave Brent crude a boost. Meanwhile, copper sank this morning on the back of a bond default.
The Australian Securities Exchange closed at 5,462.3 points today, up 16.4 points from the previous session.
The Alternative Investment Market in London fell 1.5 points, or 0.17 percent, to hit 895.77 points.
Iron – Poor Chinese steel demand dragged iron ore prices to an eight-month low this week.
Diamond – Peregrine Diamonds, North Arrow Minerals and Mountain Province Diamonds are among the diamond companies that John Kaiser likes.
"You don't have to have all your money in mining," Jim Letourneau said at the Vancouver Resource Investment Conference. He suggests investors diversify into biotechnology and technology in 2014.
Cobalt – Chris Berry of House Mountain Partners will be focusing on cobalt this year, and he suggests keeping an eye on Freeport-McMoRan Copper & Gold to get a sense of what the market is doing.
Graphite – Lomiko Metals Inc. (TSXV:LMR) received a final receipt for its short form prospectus in each of the provinces of British Columbia, Alberta and Ontario. The Prospectus qualifies the distribution of (i) a minimum of 6,818,182 units (the "Units") and a maximum of 27,272,727 Units of the Company at a price of $0.11 per Unit, and (ii) a maximum of 7,692,308 flow-through units of the Company at a price of $0.13 per Flow-Through Unit, for minimum total gross proceeds of $750,000 and maximum total gross proceeds of $4,000,000.
Platinum – Bloomberg reported that South African President Jacob Zuma has said the nation will not take sides in the feud between the Association of Mineworkers and Construction Union (AMCU) and major miners Lonmin plc (LSE:LMI), Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) and Anglo American Platinum Ltd. (OTCMKTS:AGPPY).
Oil – Mining Weekly reported yesterday that Canada's US Oil Sands Inc. (TSXV:USO) is using an environmentally friendly, citrus-based technology to design and build the United States' first commercial oil sands project.
Gold – Mining Weekly reported yesterday that Sibanye Gold Ltd. (NYSE:SBGL) has not experienced any production losses since South Africa's Eskom requested that the company reduce its power consumption by 10 percent.
Uranium – Cyclone Uranium (OTCMKTS:CYUR) CEO James Baughman spoke to Resource Investing News about the Cyclone Uranium Project in the Great Divide Basin, Wyoming.
Gold – Orefinders Resources Inc. (TSXV:ORX) CEO Bill Yeomans spoke with Resource Investing News about the Mirado Gold Project in Kirkland Lake, Ontario. The Company is currently working in a mature gold camp with several mills in the area, with 3 stockpiles containing 3,000 ounces at an average of 4.14 grams per ton.
Highbank Resources (TSXV:HBK) CEO Victor Bryant talks about its construction aggregate deposit on the Portland Canal,
Gold – Colombian Mines (TSX-V:CMJ) President & CEO Robert Carrington spoke to Resource Investing News about why Colombian Mines stands out from others in its class.
Lithium – In an article published this morning, Industrial Minerals' Simon Moores states that Tesla Motors Inc.'s (NASDAQ:TSLA) planned $5-billion lithium-ion battery "gigafactory" could increase natural graphite demand by 37 percent by 2020.
Gold – Mineweb reported that Standard & Poor's Financial Services LLC has lowered its rating for drilling company Boart Longyear Ltd. (ASX:BLY) in part due to its view that gold, copper and iron prices will not improve this year or in 2015.
Silver – Mining Weekly reported that at this week's Prospectors and Developers Association of Canada conference, Jeffrey Christian, managing partner at CPM Group, said he expects net physical silver purchasing to drop in 2013.
Gas – MarketWatch reported that natural gas futures are up 3 percent today as a result of data showing a bigger-than-expected fall in US supplies.