China Armco Metals Reports Third Quarter Results
Manganese – China Armco Metals, Inc. (NYSE:CNAM) announced its third quarter results, including a drop in metal ores trading sales of 74%, offset by a slight increase in manganese ore.
Articles Tagged "metal"
Metal Futures Fall on Europe Worries
Platinum – CNBC reported metals prices closed lower Wednesday on worries that the European financial crisis could deepen and slow global economic growth.
Palladium: Supply and Demand
Palladium – Although investing in metals is always risky business, analysts are pinning palladium and platinum as safer bets over the long run.
Excellon Announces Drilling Success at Platosa
Lead – Excellon Resources Inc. (TSX: EXN) mineral resource company operating in Durango and Zacatecas States, Mexico, has announced the assay results for five recent holes at its Platosa Property. The drilled off hole in the northwest portion which is Hole LP773 has intersected a high-grade massive and semi-massive Sulphides reporting 817 g/t (24 oz/T) Ag, 12.41% Pb, [...]
Novelis Invests $300 M to Expand Brazil Operations
Aluminum – Novelis, world leader in aluminum rolling and recycling, has announced its plan to expand its Brazil rolling operations by investing $300 million in Pindamonhangaba. The said action is in response to the growing demand of Aluminum products in South America. Phil Martens, President and Chief Operating Officer, Novelis Inc. is quoted saying: “We are experiencing strong demand [...]
Aquiline – 750 Million Ounces of Silver!
Silver Investing News reports Aquiline Resources Inc. is an exploration and development company advancing one of the world’s largest undeveloped silver deposits (Navidad) as well as a gold deposit (Calcatreu), both in Argentina and a gold deposit in Peru (Pico Machay). What We Like About Aquiline Resources! 632 million ounces silver measured and indicated 119 million [...]
Illegal Mining Hurts Tin
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 [...]
Economic optimism drives copper to 10 month high
Copper Investing News reports copper prices have improved with economic optimism in the copper markets. Optimism surrounding an economic recovery drove copper to a ten month high on Wednesday, as investors flooded the market with money, betting on stronger demand. Three-month copper on the London Metal Exchange hit $6,149 a tonne, the highest since last [...]
Copper’s Ascent Threatened by Growing LME Stockpiles
Copper Investing News reports copper prices have rallied at 80 per cent this year on the back of Chinese State Reserve Bureau (SRB) purchases. If China’s purchases grind to a halt, so will the red metal’s rally. So far, copper’s ascent has been a China only story- that has overshadowed weak demand elsewhere in the world. The metal [...]
Positive Sentiment Drives Copper to Monthly High
Copper Investing News reports copper prices drove to a month high with positive outlook in the economy. Additional impetus to copper’s rally came by way of dollar weakness, and data that U.S. consumer prices climbed at a slightly faster-than-expected pace in June, boosting the metal’s appeal as an inflation hedge. Copper ignored an increase in [...]
