Articles Tagged "processing"

Cobalt Pilot Project Will Use New Technology in DRC

Cobalt – A newly developed technology in cobalt processing is planned to be applied in the world’s largest deposits of the Democratic Republic of Congo. Alexander Mining plc is planning to start a pilot project processing cobalt with its Ammleach technology at the Anvil Mining Ltd.-owned Mutoshi deposit in the Katanga province.

$ Deals In The Making For Oil

Crude Investing News reports high dollar deals in the making for oil recently. Suncor is set to be Canada’s biggest energy company and largest industrial concern. With its greater weighting on the TSX, the beefed-up firm is likely to see early demand for its shares from index funds. It is also set to attract big investors that need [...]

Crude oil headed for $71.55 a barrel

Crude Investing News reports crude oil did well for about 4 days and fell on Tuesday. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year. After nose-diving from [...]

Potash stockpiles at record high

Potash Investing News reports high potash stockpiles due to sluggish economy and global financial squeeze. Potash prices currently range from $750 to $850 per (US) tonne, according to USDA, with an average of $808. That’s more than $100 above fair value, according to Farm Futures pricing model. The latest North American data from The Fertilizer [...]

Oil Price Peaks And Slides

Crude Investing News reports oil prices sliding and peaking at various periods. Oil prices soared higher on the prospects of a rebound in energy demand. “The market thinks the worse is behind us and that we’re heading toward recovery at the end of the year, early next year,” Fitzpatrick said. Spreading worldwide recession has ravaged [...]

Strateco Resources: $23M in cash for drilling

Strateco Resources Inc. is a mining exploration company characterized by its portfolio of uranium properties and its highly experienced management team. The Company owns 100% of four uranium mining properties and has interests in or options on four mining properties, all located in Quebec. The Company intends to aggressively pursue its exploration program, with the [...]

Higher Oil: Sign Of Economic Growth

Crude Investing News reports investors see sign of economic growth with higher oil prices. “It is almost as if the market wants to see oil rally,” says Phil Flynn, senior market analyst at Alaron Trading, a commodities trading firm, because of its status as a bellwether for the market. “Short term, the market is hoping [...]

Nickel flatlines for 2009

Nickel Investing News reports nickel prices have fallen almost 80% since May 2007. Nickel prices will most likely be flat, at best, in 2009, according to Robin Bhar, metals analyst for Calyon Credit Agricole CIB, London.  However, nickel premiums are difficult to gauge in a market characterized by a lack of demand, rising stocks and [...]

Cutbacks make way for zinc boom

Zinc Investing News reports with the recent cutbacks in base metals due to global recession which will make way for zinc to boom.  Zinc is one of the metals most positioned for an acute supply shortage. The crunch point could come as early as 2011 or 2012 once surplus inventories from the current downturn are [...]