Tin Investing News reports on the market forces picking on tin prices.
The South African steel group, which has its origin in India, has agreed to cut tin-plat prices between 26 per cent to 30 per cent from September 30, 2009. The company maintains that the slashing of price is in line with an agreement with [...]
Colossus Minerals (TSX:CSI) annouced new results from step out drilling today. The numbers continue to be impressive with 70 meters of 53.59 g/t gold, 20.77 g.t platinum and 31.3 g/t palladium.
Colossus VP Exploration Vic Wall is quoted as saying:
up to 400 metres south of the historical open pit, Colossus drilling has outlined substantial mineralisation, including [...]
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 [...]
Platinum Investing News reports platinum prices have just began to recover itself with threats to its supply.
Platinum prices may climb above $1,500 an ounce “in the next couple of years” as demand recovers amid supply constraints in South Africa, the world’s biggest producer, according to Banc of America Securities- Merrill Lynch.
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Gold Investing News reports Anglo Gold Ashanti’s ambitions.
AngloGold, owner of a 70 per cent stake in the Tropicana project, and Independence have approved a study into the proposed development, which is expected to produce between 330,000 and 410,000 ounces of gold annually from 2013, the Johannesburg-based company has said.
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Gold Investing News reports gold steadied above $950.00 per ounce.
Gold steadied above US$ 950 per ounce on Thursday as the US dollar stayed near a seven-week low against a basket of currencies marked the previous day, maintaining bullion’s allure as an alternative asset. Earlier this month, economic worries encouraged investors to buy the US dollar [...]
Tin Investing News reports tin prices soared.
Due to domestic demand for domestic steel price, the price of tin plate has soared. The latest monthly EXW price of Xindzhong Steel Sheet in the East China region showed continued stocking increasing up CNY 200 per tonne around over last month.
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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 London Metal [...]
Platinum Investing News reports platinum price dropped slightly.
It may seem odd that the bankruptcy of a major consumer of platinum would be positive for prices; however, over the past weeks the metal’s price already reflected the impending bankruptcy. Now the market has shifted its focus, and like all precious metals, platinum has seen a significant [...]
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 [...]
Wednesday, September 30, 2009
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