Rye Patch has acquired advanced assets and explored aggressively towards its goal of a 10-million ounce gold inventory within 36 months. The company’s Nevada focus arose from management’s considerable knowledge of the region and Nevada’s key position in world gold output.
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 [...]
Coal Investing News reports fundamental to its Chinese economy is coal.
Coal is heavily linked to other commodity prices, most notably in its use during steel smelting, and coal prices have now risen 30 per cent from their low in March.
“For the second half of 2009, there are still risks of tight coal supply,” said a statement [...]
Tin Investing News reports tin is getting hurt with the crackdown on illegal mining.
Abrun Abubakar spokesman of PT Timah told Reuters that tin ores supply remains normal.“Miners do not stop their activity because of the crackdown because they work in our concession.”
He said that Timah supported the police action as it would help reduce illegal mining in [...]
Gold Investing News reports gold price and currency market seem to go hand in hand.
Spot gold was steady at $925.90 per ounce in early afternoon, compared with New York’s notional close of $925.35, and was poised for a 1 per cent rise on the week. U.S. gold futures for June delivery fell $1.8 or 0.2 [...]
Aluminum Investing News reports aluminum industry faces tough times in the coming months.
Despite the recent recovery in LME aluminum prices; demand for the stainless steel component remains in the dumps. Without any idea of when demand may stage a comeback, aluminum miners are bracing for more tough times.
For complete story, click this link. Follow developments [...]
Iron Investing News reports iron is supported by the Australian government.
Shares in WA’s mid-west iron ore miners and explorers lifted after the Federal Government committed $339 million towards the $4 billion Oakajee port. The government matched funding offered by the WA state government in its 2009/10 federal budget handed down on Tuesday, bringing the total [...]
Gold Investing News reports Mindoro, focused on gold, copper-gold and nickel exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture.
Mindoro has NI 43-101 resource estimates on its Agata North nickel-cobalt project and on both its Lobo (SWB) and Archangel (Kay Tanda) gold-silver projects. Mindoro has identified 22 porphyry [...]
Silver Investing News reports Endeavour Silver’s form 40F on its website.
Endeavour Silver Corp. announced that it is a small-cap silver mining company focused on the growth of its silver production, reserves and resources in Mexico.
For complete story, click this link.
Follow developments in resource mining and exploration for free.Sign on to The Resource Stock Watch.
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 a peak [...]
Tags: agreement, agreements, Alberta, april, association, barrel, barrels, bellew, biggest, billion, block, blocks, Canada, capacity, capital, chairman, climbed, commercial, commodities, company, concerns, construction, crude, crude oil futures, current, data, decline, declined, declines, deliveries, demand, department, development, dollar, double, dropped, earnings, economic, economic data, economy, electronic trading, energy, energy department, equities, equity, essar, euro, exchange, expansion, expect, expectations, exploration, explore, export, exporter, exports, failed, falls, fell, fuel, fundamentals, funds, future, futures, gain, gas, gasoline, government, government projects, government report, gujarat, head, heading, high, higher, highest, hold, holdings, increase, increased, index, indonesia, Inventories, inventory, invest, investing, investment, jumped, jumps, june, level, levels, likely, London, long, lost, lower, march, market, markets, May, months, national, natural, new, new barclays capital, new york mercantile, news, oil, oil stockpiles, optimism, outlook, peak, percent, performance, period, petroleum, President, price, prices, process, processing, production, products, profit, profitability, profits, project, purchase, quarter, raise, range, recovered, recovery, refine, refiner, refineries, refiners, refinery, refining, Report, report tomorrow, resistance, resource, resources, retracement, revenue, revenues, rise, rises, rising, rose, sales, sector, sell, selling, session, sessions, settlement, share, sharekhan, shares, show of strength, shutdown, sign, six, spend, spending, stake, stock, stock levels, stockpiles, stocks, street, strengthening, support, surge, Target, tax, test, time, total, trade, traded, trading, unit, units, us, verenex, wall, weak, weakness, work, year, york, york mercantile exchange
Thursday, January 14, 2010
0 Comments