With pressure mounting to provide transparency and responsibility in the supply chain for the electronics industry, the investment case for miners exploring for tantalum in conflict-free regions is increasing.
By Melissa Pistilli-Exclusive to Resource Investing News
Coal Investing News
Coal prices have been comatose for the last six months, but institutional money poured back in this week. Deutsche Bank AG also raised its 2010 forecast by 36 per cent to $175 a tonne.
Recovering coking coal prices are expected to fuel an investment boom in Queensland [...]
Iron Investing News reports iron seem to have strong signs in the economy.
Rio Tinto has completed the sale of its Corumba iron ore mine in Brazil to mining giant Vale SA for a cash consideration of $750 million. The Corumba sale, which was agreed in January, includes a potash project in Argentina and exploration assets [...]
Gold Investing News reports gold price rallied to a 3 week high of $961.
Spot gold was at $954.50 an ounce, up 0.5 per cent from New York’s notional close of $949.65, but off a three-week high of $961.00 marked on August 28. In August, gold was mostly caught in a narrow range, falling 0.4 per cent. [...]
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 substantial [...]
Potash Investing News reports potash prices on the low side.
International Potash Co, the marketing arm of Russia’s biggest producer, OAO Silvinit, agreed last week to supply India with 850,000 tonnes, by March 10.
This benchmark low price is about 26 per cent below a previous low, and other major consumers including China will likely use it [...]
Crude Investing News reports crude oil is expected to double in the next 30 years.
For several years, the forecasted growth in Canadian crude oil supply, primarily due to the development of the Alberta oil sands, led industry to conclude there was an urgent need for additional pipeline capacity to connect to new and expanded markets. Growth [...]
Gold Investing News reports a deal between Centerra Gold, a Canadian company and Kyrgyzstan’s lawmakers.
The settlement will raise the state’s share in Canada-based Centerra Gold Inc. (CG.TO), which owns the lucrative Kumtor mine, to 33 per cent from 15.7 per cent previously.
In addition to increasing Kyrgyzstan’s role in the Kumtor project, the $100 million deal [...]
Gold Investing News reports gold prices fell slightly while the dollar strengthened.
According to analysts, optimistic investors read many recent commodity price gains and positive economic readings as an end to the downturn and are starting to unload safe-haven gold. What added to the melee was a firmer dollar, that also weighed on gold prices.
Earlier on [...]
Moly Investing News reports molybdenum price continues to fall despite the recent optimism.
Last week, sluggish demand and high stockpiles caused European ferromolybdenum prices to drop below US $21 per kg. US market prices also slid, down to US $9.20 per lb, versus the earlier level of US $9.70 China’s export prices, although, were steady at [...]
Thursday, March 18, 2010
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