Investors in vanadium can relax. The third week of February saw prices continue to rise, adding value to their stock. Opinion among analysts seem divided over the future prospects of vanadium. One section feels that if the Chinese steel mills continue to manufacture steel and book large-enough orders to tighten supply further, vanadium prices [...]
Miners are getting back to work. As Vale eyes a full restart of its Sudbury operations, Xstrata is keen to move ahead with its 2010 plans. Atlas Consolidated Mining is also looking at reopening its nickel mine in Southern Luzon this year, to take advantage of the recovery in nickel prices. There is a [...]
Political wrangling over the General Motor bailout could well be the silver lining for Stillwater Mining Co. Other automakers continue to use palladium, thereby ensuring higher prices. The $58 billion federal rescue of General Motors has got the US platinum-group metals (PGMs) producer Stillwater Mining, which had lost its sales contract under the GM bankruptcy [...]
Tin Investing News reports tin prices have been rallying for the past few months in its highs and lows. An estimated 11.2 per cent fall in Indonesian tin exports in July to 8,778 tonnes, helped support the market, though exports for the first seven months of the year from the world’s second biggest producer of the [...]
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 [...]
Platinum Investing News reports platinum prices doing well with GM bankruptcy. Platinum suffered major setbacks last year, as auto sales grinded to a halt. However, as shrinking auto demand sent prices on a downward spiral, the market got an unexpected boost from bullish investors and jewellers. In 2008, 47 per cent of platinum demand came [...]
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 [...]
Zinc Investing News reports zinc rates were cut this week. Oz Minerals Ltd, the world’s No. 2 zinc miner who is struggling to refinance debt, has been dealed another blow. The company will take a US $65.5 million charge for the second half due to price adjustments caused by falling metals prices. It said zinc [...]
Lead Investing News reports lead prices remains steady according to the Hindustan Zinc Ltd, a bi-weekly preview source. Lead prices have remained strong this year; they have risen more than the other base metals in terms of percentage, whereas their decline has not been as steep. The cold weather over the past week in western [...]
Platinum Investing News reports platinum prices have been volatile in 2008 reaching a high of $2,290 an ounce. When surveyed, only a handful of analysts were willing to voice their predictions for the platinum market in 2009. Those who were willing to give their forecast had a wide range of opinion. At the high end [...]
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