Crude Investing News reports high dollar deals in the making for oil recently. Suncor is set to be Canada’s biggest energy company and largest industrial concern. With its greater weighting on the TSX, the beefed-up firm is likely to see early demand for its shares from index funds. It is also set to attract big investors that need [...]
Copper Investing News reports copper prices has been on a roller coaster ride with the global recession. Consumer confidence sent copper on a rally Tuesday, overshadowing the weak US dollar and worries of shrinking Chinese demand. On the New York Mercantile Exchange’s COMEX division, copper’s morning range spanned $2.1070 to $2.1590, the contract’s highest level [...]
Gold Investing News reports Mindoro, focused on gold, copper-gold and nickel exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture. Mindoro has NI 43-101 resource estimates on its Agata North nickel-cobalt project and on both its Lobo (SWB) and Archangel (Kay Tanda) gold-silver projects. Mindoro has identified 22 [...]
Tin Investing News reports tin prices gained about 18% on the LME last month. Demand is not the key factor behind the rising tin prices, traders said. It is the production cutback that have played the role of a catalyst in pushing prices higher. The overall rally and bullish sentiment across base metals has also [...]
Crude Investing News reports crude oil did well for about 4 days and fell on Tuesday. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year. After nose-diving from [...]
Gold Investing News reports gold lost about 4% after G20 meet. “High gold prices and extreme volatility in prices are affecting us,” said Joy Alukkas, chairman of Joyalukkas Group, a leading India-based gold and diamond retail chain with 40 major outlets across the world. He said the March 2009 earnings of Joyalukkas Group had fallen [...]
Overview Pancontinental Uranium is a Canadian-based company focused on uranium discovery and development. Through a joint venture with Crossland Uranium Mines Limited of Australia, Pancon has established one of the strongest teams in the uranium industry. The joint venture is led by a management and operating team with unparalleled experience from exploration, through development to [...]
Gold Investing News report gold prices settle at a $920 mark after surpassing a $1,000 last month. The current price of gold, which was selling for $250 an ounce in 2001, is just too rich for some advisers, but there are others who insist an allocation to gold remains paramount in these uncertain economic times. [...]
Palladium Investing News reports palladium prices fell after holding on for a while. Palladium tracked platinum in Asia and London; it dropped to $189 ahead, it finally closed at $190. A quarterly net loss of C$112.4 million has prompted North American Palladium (TSX:PDL) to temporarily shut down its only mine, the Lac de Iles. The [...]
Palladium Investing News reports palladium ETF securities rise. ETF Securities said on Monday the amount of metal it holds to back its Physical Palladium exchange-traded commodity PHPD.L rose 12,628 ounces or 8 percent in the week to February 6. The ETC now holds 172,911 ounces of palladium. For complete story, click this link. Follow developments [...]
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