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 a statement [...]
Tin Investing News reports tin is getting hurt with the crackdown on illegal mining.
Abrun Abubakar spokesman of PT Timah told Reuters that tin ores supply remains normal.“Miners do not stop their activity because of the crackdown because they work in our concession.”
He said that Timah supported the police action as it would help reduce illegal mining in [...]
Tin Investing News reports tin prices soared.
Due to domestic demand for domestic steel price, the price of tin plate has soared. The latest monthly EXW price of Xindzhong Steel Sheet in the East China region showed continued stocking increasing up CNY 200 per tonne around over last month.
For complete story, click this link.
Follow developments [...]
Coal Investing News reports Obama’s adminstration will reverse rule on coal mining companies dumping mountaintop debris into valley streams.
It may be recalled that the Bush-era rule allowed coal mine operators to use “the cheapest and most convenient disposal option” for mountaintop fill. “We must responsibly develop our coal supplies to help us achieve energy independence, [...]
Crude Investing News reports crude price fell about 40 cents this week.
Weak crude demand and rising inventories have kept prices from rising higher. Storage facilities for crude oil in the U.S. have been swelling since the end of February, bloating to a nearly 19-year high last week. The signs were clear though. U.S. fuel consumption [...]
Copper Investing News reports copper looks bleak with the current economic markets.
Copper is often looked to as a barometer of economic health due to its copious use in building and construction. When an economy is growing, copper use rises exponentially. In the early 2000’s rapid economic growth paved the way for an explosion in demand [...]
Copper Investing News reports copper prices are low though Analysts say in the long term copper will be bullish.
When the economic environment improves, investors will select profitable markets to invest in. The copper market considered by many to host the most profit potential of the base metals. Despite growing stockpiles, China requires more copper than its domestic [...]
Zinc Investing News reports zinc prices have not improved despite supply cuts.
In Shanghai, spot zinc traded at about 9,350 Yuan a tonne on Thursday versus 13,850 Yuan 3 months earlier.
For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.
Copper Investing News reports copper prices jumped 13% on the London Metal Exchange.
On Thursday, copper lost some footing, retreating almost 5 per cent in early trading as rising London Metal Exchange stocks halted this week’s short-covering rally. London Metal Exchange copper warehouse stocks increased by 1,750 tonnes to 217,300 tonnes on Wednesday. COMEX copper stocks [...]
Copper Investing News reports copper prices have been going on a wild ride.
On Wednesday, copper tumbled to its lowest price since March 2006 over concern of a global recession.
For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.
Tuesday, September 22, 2009
0 Comments