Articles Tagged "australian"

Back In The Black

Coal Investing News reports fundamental to its Chinese economy is coal. Coal is heavily linked to other commodity prices, most notably in its use during steel smelting, and coal prices have now risen 30 per cent from their low in March. “For the second half of 2009, there are still risks of tight coal supply,” said [...]

Demand Bouncing Back

Iron Investing News reports the global commodity market is bouncing back. BHP, the Anglo-Australian company’s involvement in the full range of mining, from iron ore to diamonds to coal, gives it a broad take on the overall state of the commodities market. Last November, BHP Billiton was forced to defer delivery of 6 million tonnes [...]

Gold Price To Most Muscular Level

Gold Investing News reports gold price got another boost from rising oild prices and weaker dollar. Gold futures rose 1.2 per cent to end at their highest level in more than five weeks as a private-sector rescue of U.S. lender Cit Group raised economic optimism, pressuring the dollar lower against most of its major rivals. [...]

Australian govt. backing supports iron

Iron Investing News reports iron is supported by the Australian government. Shares in WA’s mid-west iron ore miners and explorers lifted after the Federal Government committed $339 million towards the $4 billion Oakajee port. The government matched funding offered by the WA state government in its 2009/10 federal budget handed down on Tuesday, bringing the [...]

Nunavut – 10 Years of Progress

By Mike Rodger – Exclusive to Resource Investing News On April 15, I attended the Nunavut Mining Symposium in Vancouver, Canada.  The event was billed as an opportunity to “Learn about the benefits and opportunities that Nunavut provides for exploration and mining”.  Video, slides and text from the presentation is available at the link above. [...]

Iron Market: heading for a glut?

Iron Investing News reports iron market moving towards a gloomy start. “We need to recognise the fundamentals of the market. The market would show that it does need a downward adjustment this year,” said Sam Walsh, head of Rio’s iron ore division. But given the potential for a recovery in industrial demand at some stage [...]

Benchmark:South of US$60

Crude Investing News reports oil prices falling due to the strengthening of the US dollar though the global outlook is grim. Governments, companies and investors think a prolonged recession or period of low growth is in the offing, and everyone should take note. Keep in mind though that canned food and guns are among the few investments [...]