There’s a lot of action with senior gold miners. In their bid to grow, many are scouting around and eyeing juniors with proven resources. Some are cheap and attractive, while others are robust enough to survive to drill another day.
Back in the early stages of the gold bull market, junior mining stocks were all the [...]
There are two sides to the gold story. 1) Gold moved up because of fear. Fear of another financial disaster and concern that the US dollar was vulnerable. 2) Gold rose on massive stimulus and quantitative easing, which is set to bring on serious monetary inflation that will eventually result in price inflation. Which side [...]
By Melissa Pistilli-Exclusive to Resource Investing News
Coal Investing News
Coal prices have been comatose for the last six months, but institutional money poured back in this week. Deutsche Bank AG also raised its 2010 forecast by 36 per cent to $175 a tonne.
Recovering coking coal prices are expected to fuel an investment boom in Queensland [...]
The yellow metal has taken on a new importance in many portfolios. For now, junior mining stocks offer a way to play the emerging growth in the industry. Check out the ongoing action on deal street.
The only way to stem the flow is to keep your fingers crossed and hope and pray and believe that [...]
Diamond Investing News reports diamond has its sparkle back.
With the discovery of a 507.55 carat white diamond at the Cullinan Diamond Mine, South Africa, the chicken egg-sized stone has opened up new vistas for the diamond sector.
For complete story, click this link.
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Crude Investing News reports oil prices and its impact around the world.
There are three catalysts for higher oil prices. Many analysts believe that oil prices will rise in the long-run for a number of reasons. Firstly, several developing countries are beginning to see an improvement in gross domestic product per capita, and as a result, [...]
Silver Investing News reports price of silver doing really well this week.
The silver spot price is expected to move higher following gold, but “significant and sustained momentum” is needed, says Forex analyst Anna Coulling, if the white metal is to break out above $18.50 and test last year’s high of $21 an ounce.
For complete story, [...]
Gold Investing News reports gold stocks fell on the Toronto Stock Exchange on Monday.
Weakness in the gold sector proved to be a major blip for Toronto stocks which fell on Monday, as investors collected profits on last week’s rally to an eight-month high. Gold stocks fell 1.75 per cent and materials stocks dropped 1.3 per [...]
Gold Investing News reports bargain hunting drove gold prices in a rally on Thursday last week.
Rob Kurzatkowski, futures analyst with optionsXpress maintains that gold could be getting some support from a dimmer view of economic conditions. This includes not only the World Bank’s downward forecast for global economic contraction this year, but other data such as [...]
Coal Investing News reports coal prices have been rallying since the global recession.
Meanwhile, Bloomberg reported that Canada’s biggest base-metals company Teck Resources Limited (TSE:TCK.B) is in talks to sell coking coal assets to Chinese companies to help reduce debt.
Donald Lindsay CEO Teck Resources said that “We are going through a process of talks with Chinese [...]
Friday, February 19, 2010
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