Resource Market Weekly Recap
Spot aluminum premiums have climbed to their highest price in nearly five years, in the face of mounting warehouse stockpiles. The amount of aluminum stored in warehouses has climbed to a 32-year high.
Articles Tagged "securities investment"
Resource Market Weekly Recap
A two-fold increase in the price of palladium since last April nearly represents a 25-month high and is partly being driven by demand in Exchange Traded Funds. Industrial demand for the metal is further underscored by the growing car market in China and worldwide.
Resource Market Weekly Recap
North America’s largest manganese mining company, Cia. Minera Autlan SAB, has reported larger than expected sales in the first quarter. The company’s share price has risen on the report and there is speculation that the company may issue a dividend this year despite last year’s revenue shortfall.
Resource Market Weekly Recap
Following the upward trend of vanadium prices, the price for iron ore fines has also improved. Despite a depressed steel market, a notable recovery is evident in the vanadium market since the year end, with prices reacting to positive market demand.
Resource Market Weekly Recap
The industrial metals sector as a whole is expected to improve this year and next as global economic growth improves, although the going will be slow. RBC Capital Markets recently gave its perspective on the short- to medium-term silver market expecting silver’s fundamentals to remain positive as industrial and investment demand increase and outpace new mine supply in 2010.
Resource Market Weekly Recap
The Chilean earthquake, volatility in the currency markets and continued European debt issues contributed to higher copper, gold and silver prices.
WEEKEND WRAPUP
By Dave Brown – Exclusive to ResourceInvestingNews.com In what seems to be a regularly scheduled weekend meeting for European leaders, the most recent summit has resulted in agreements to guarantee bank borrowing and use government money to prevent big lenders from filing for bankruptcy, in order to further impede the economic hemorrhaging and battle a [...]
Weekend Wrapup
Gold Investing News reports that the US labour market showed a decline in payroll records and it is the biggest drop in 5 years. U.S. Federal Reserve Chairman Ben Bernanke is scheduled to speak to economists in Washington on October 7, and some central bank observers believe he might use this opportunity to signal that a decline [...]
WEEKEND WRAPUP
By Dave Brown – Exclusive to Resource Investing News Over the weekend, several European leaders pledged to protect the continent’s financial institutions from the cascading global economic maelstrom. At an emergency meeting in Paris, leaders from the United Kingdom, Germany, France and Italy agreed that European governments would provide support to prevent any bank from [...]
WEEKEND WRAPUP
By Dave Brown – Exclusive to Resource Investing News On Sunday morning, policymakers surfaced with an agreement to bail out the U.S. financial markets with the commitment to creating the written document before the end of the day. The legislation should allow the Treasury to work with cash-strapped homeowners whose mortgages have been purchased by [...]
