Iberian Minerals Completes 30% Expansion at Aguas Tenidas
Silver – Iberian Minerals Corp. (CVE:IZN) reports that the company has completed 30% expansion at its Aguas Tenidas mine in Spain.
Articles Tagged "concentrates"
Backwardation hits LME copper market
Copper Investing News reports copper prices in a rally recently. Chinese stockpiling and restocking, tight scrap supply and improved demand have lifted copper in Shanghai to a premium to the London price; this arbitrage opportunity has, in turn, supported imports. So far this week, stockpiles of copper in LME-monitored warehouses fell 1.6 per cent to [...]
BacTech – Bioleaching Silver from the Historic Cobalt Camp
Silver Investing News reports BacTech, a Canadian company listed on TSX exchange. The Company owns proprietary bacterial oxidation technology that liberates precious and base metals from difficult to treat sulphide ores and concentrates. Bacterial oxidation is a safe and environmentally friendly process. It has the advantage of improving metal recovery at significantly lower capital and operating [...]
Molybdenum’s route for a slow recovery
Moly Investing News reports demand for molybdenum may rise in China. Government spending will spark a recovery in steel demand towards the end of the year; but its mark on the molybdenum market will be limited. Demand for molybdenum in China likely will rise 6 per cent to 53,400 tonnes this year, then slip to [...]
Market sentiment wins in price tug-of-war
Lead Investing News reports base metals saw a positive outlook and lead prices were up. Lead was up $55, to $1,050 a tonne on the LME. Zinc climbed the most in two weeks after China’s stockpiling agency bought metal from domestic smelters, reducing supply. The State Reserve Bureau bought 100,000 metric tons, taking total purchases for [...]
Zinc rates cut while lead is held steady
Zinc Investing News reports zinc rates were cut this week. Oz Minerals Ltd, the world’s No. 2 zinc miner who is struggling to refinance debt, has been dealed another blow. The company will take a US $65.5 million charge for the second half due to price adjustments caused by falling metals prices. It said zinc [...]
Analysts warn more losses in store for copper
Copper Investing News reports analysts predicting more losses in copper prices in 2009. Copper, used primarily in home construction has taken a recent tumble in reaction to data showing the largest monthly decline in December U.S. new home sales since 1994. Sales of newly built U.S. single-family homes fell 14.7 per cent in December to [...]
Government stimulus could boomerang moly
Moly Investing News reports many analysts are awaiting the recovery in the global markets with the government stimulus plan. In their Global Metal’s Report released this week, Morgan Stanley gave its take on the near future for the molybdenum market. Morgan Stanley has stated, “We forecast prices to remain at a low of US$12 per pound [...]
Copper’s New Year ascent short-lived
Copper Investing News reports copper futures is on a positive momemtum at the beginning of the year. Copper started the New Year with a bang, but the positive movement was cut short as negative sentiment reigned supreme. Copper briefly moved up this week, on Tuesday, buoyed by investor short-covering and a steadier tone in the [...]
Silver set to shine in 2009
Silver Investing News reports silver prices were better in 2008 than 2007. Silver is touted as one of the ten investments to watch in 2009. Releasing a report on the key developments in the white metal’s fortune, the Silver Institute has underscored the hot pick of 2009. Listed silver stocks have pulled a fast one [...]
