Natural resources like tin, tungsten and tantalum have been branded with the moniker “conflict minerals” because the militias enslave locals to mine the metals and then use the funds garnered from their sale to help finance their bloody operations.
Another example of this shameful side of human nature is taking place today in the Democratic Republic [...]
By Melissa Pistilli-Exclusive to Resource Investing News
Coal Investing News
Arch Coal [NYSE: ACI] may be interested in picking up the Otter Creek Valley coal mine for sale by the Montana land board, if the price were right.
For now, Arch’s subsidiary, Ark Land Co has said the bid for 25 cents per tonne, with royalties, was too [...]
Tin Investing News reports tin prices trudges on.
The seven smelters, which have a combined capacity of around 2,800 tonnes a month, had shut operations in late August due to lack of tin ore supply after a crackdown on illegal tin mining.
This could be the wake-up call needed for tin prices, which are still far below [...]
Nortec Ventures(TSX-V: NVT) announced today that a 900 hectare claim reservation named Kaatiala has been added to a previously announced deal with Akkerman Exploration. The Kaatiala property is believed to host significant tin, tantalum, berylium, niobium, tungsten, caesium and lithium mineralization.
The release states:
The Kaatiala reservation covers a quarry which produced 18 tonnes of beryl, 5 [...]
Tin Investing News reports tin prices could have a short term rally in the near future.
Manufacturers worldwide were seen building up inventories to take advantage of the current weak US dollar, traders said. The weak greenback makes commodities attractive as a hedge against inflation. It makes purchases affordable for China and India, the two key [...]
Tin Investing News reports tin is doing well with the resurgence of the global markets.
Traders said tin prices were up partly because of the re-emergence of a dominant position controlling more than 90 per cent of warrants on the London Metal Exchange stocks. The dominant holding is also why the premium for cash material over [...]
Tin Investing News reports tin has a better recovery potential than other base metals since there isn’t any inventory buildup.
Recovery, though, is not here yet, analysts state, and further price strength will only come from what looks set to be a war of attrition between the bulls and bears. Moreover, any resumption of bad news [...]
Tin Investing News reports since commodity prices continue to drop, China is stockpiling metals.
Chenzhou authorities were planning to buy 2,000 tons of silver, 50,000 tons of lead, 5,000 tons of tin, 50,000 tons of zinc, 5,000 tons of tungsten and 3,000 tons of bismuth this year. Chenzhou is known to be rich in nonferrous metals, [...]
Tin Investing News reports tin is said to recover before any other base metals according to Resource Capital Research, a Sydney based company.
Unlike most of the other base metals, there is no growing tin surplus. Inventories held at the London Metal Exchange now sit at 8,820 tonnes, against a 52-week high of 11,430 tonnes. The [...]
Tin Investing News reports tin prices remain firm this year.
Based upon the present tin price of US$11,500 per tonne, the scoping study indicated that the alluvial tin has the potential to generate additional US$8.7 million revenue during the one year it will take to process the material.
For complete story, click this link. Follow developments in [...]
Friday, February 19, 2010
0 Comments