Gas – MarketWatch reported that the island of Cyprus, which finds itself in the middle of the latest Eurozone crisis, is banking on natural gas to cure its financial owes.
Articles Tagged "financial"
Gold Investing News reports several merging spree among gold companies. September began with South Africa’s Competition Commission giving the green signal to the merger of the Buffelsfontein Gold Mine (BGM) and the Tau Lekoa mine, inclusive of the Weltevreden and Goedgenoeg properties, gold and uranium producer Simmer & Jack Mines has said. South African gold major [...]
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 [...]
Gold Investing News reports gold prices fell slightly while the dollar strengthened. According to analysts, optimistic investors read many recent commodity price gains and positive economic readings as an end to the downturn and are starting to unload safe-haven gold. What added to the melee was a firmer dollar, that also weighed on gold prices. [...]
Nickel Investing News reports nickel price spurs with G20 leaders’ support for the global economy. LME base metals posted gains across the board, with nickel leading the way, up 12.7 per cent. The impetus was a direct reflection of sentiment, but lacked a change in underlying supply-demand fundamentals. The sentiment adjustment also induced a short-covering [...]
Aluminum Investing News reports aluminum companies are still struggling despite some positive news from the global markets. In its latest Industry report, the aluminum association showed demand for North American aluminum mill products in January rose 4.0 per cent from December but tumbled 26.4 per cent from January 2007. Shipments slid to an estimated 1,443.4 [...]
Potash Investing News reports BHP’s recent acquisition rumours seem to rock the potash industry. Speculation mounted that the world’s largest miner was preparing for a large acquisition after the company raised more than US $6 billion through the sale of bonds. The company failed to confirm the reason for the fundraising, and this sent many [...]
Nickel Investing News reports nickel has taken a dive to 80% since May 2007. Nickel demand for 2009 is forecasted to see a second annual decline. Global demand will reach 1.15 million tonnes this year; consumption was 1.27 million tonnes last year. Stainless-steel accounts for about two-thirds of nickel demand. Demand from the top market, the [...]
By Dave Brown – Exclusive to ResourceInvestingNews.com As the doors closed at the Metro Toronto Convention Center for the last time on the PDAC 2009 International Convention, Trade Show and Investors Exchange, the satisfied sense of completion was apparent in the emptied halls. It was almost as if another year’s worth of accomplishments and hard [...]
Gold Investing News reports spot gold rose to $902.50 since Oct 2008. The price of gold rose to a three-month high, climbing past $900 an ounce in both New York and London for the first time since October, as global equity markets tumbled, boosting demand for a safe harbor. It rose to an all-time high [...]