Rye Patch reports it has acquired advanced assets and explored aggressively towards its goal of a 10-million ounce gold inventory.
The company’s Nevada focus arose from management’s considerable knowledge of the region and Nevada’s key position in world gold output. The state currently produces 78% of U.S. gold and 8% worldwide.
Management is seeking new acquisitions in Nevada, [...]
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 ounces silver inferred
Expanding [...]
Nickel Investing News reports nickel prices soared on the London Metal Exchange due to Vale Inco’s strikes.
Vale Inco declared force majeure Friday because of ongoing strikes at its nickel operations in Sudbury, its nickel refinery in Port Colborne, and its nickel, copper and cobalt operations in Voisey’s Bay, Newfoundland and Labrador. In Greater Sudbury, more [...]
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 October, [...]
Nickel Investing News reports nickel prices increased 6% higher from Vale’s Strike.
Vale workers at the Sudbury nickel operations in Canada are on strike as they are hard- balling management for a change in benefits structure. Vale is already struggling to cope with nickel’s ubiquitous price drop, and CEO Roger Agnelli told media on July 7th [...]
Potash Investing News reports production cutbacks for potash due to slow demand and high inventories.
Despite low demand, potash prices are anticipated to slowly increase over the coming months as energy markets rebound. ”The ag sector as a whole does seem to be a bit in recovery mode…I would expect fertilizer usage to rise a bit [...]
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 since [...]
Potash Investing News reports potash industry booming with the current recession.
Farmers may skip using potash fertilizer for a year without a significant effect on yields; however, missing more than a year can have a large impact. Many farmers have already forgone fertilizer applications over the past 12 months. ”Fertilizer customers have been slow to return [...]
Kootenay Gold (CVE:KTN) annouced today the results from surface sampling of the Dorotea Structure at its Promontorio project in Northwest Mexico. Maximum values fromt he 22 samples were 45.6g/t gold and 587 g/t silver with average values for copper, lead and zinc of 0.2%, 1.3% and 0.11% respectively.
Kootenay’s CEO Jim McDonald is quoted as saying:
Results [...]
Gold Investing News reports gold price rallies with news of global pandemic flu spreads.
By Tuesday however, gold slipped below $900 for the first time since Thursday. It jumped to its highest since early April at $918.25 on Monday. Fears of a global swine flu pandemic grew with new infections in the United States and Canada on [...]
Saturday, January 16, 2010
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