For the past few weeks I have finally been able to share good news about potash, and now, even more signs are pointing towards a revival in the market.
The deal is for 350,000 tonnes of potash, to be shipped before the end of March. Canpotex claims that the potash is being sold at “competitive prices” [...]
Copper Investing News reports copper prices drove to a month high with positive outlook in the economy.
Additional impetus to copper’s rally came by way of dollar weakness, and data that U.S. consumer prices climbed at a slightly faster-than-expected pace in June, boosting the metal’s appeal as an inflation hedge.
Copper ignored an increase in London Metal [...]
Iron Investing News reports iron market moving towards a gloomy start.
“We need to recognise the fundamentals of the market. The market would show that it does need a downward adjustment this year,” said Sam Walsh, head of Rio’s iron ore division. But given the potential for a recovery in industrial demand at some stage and [...]
The National Post reported this morning that the TSX Venture exchange (CVE:.SPCDNX) was up 18.6% on the year as of close yesterday. The article says investors are returning to resource stocks to hedge against the economic troubles by buying into gold and silver, or because other resource stocks may benefit from stimulus efforts.
John Lee of [...]
Overview
Creston Moly Corp. (CMS) is a Tier 1 TSX-V listed company actively developing its 100% owned Creston Molybdenum Deposit in Mexico’s mining friendly state of Sonora.
The Creston Project is located 175 Kms south of the US Border and boasts excellent infrastructure with close proximity to power, roads and railway; a semi-desert climate allows for year [...]
Overview
Pancontinental Uranium is a Canadian-based company focused on uranium discovery and development. Through a joint venture with Crossland Uranium Mines Limited of Australia, Pancon has established one of the strongest teams in the uranium industry. The joint venture is led by a management and operating team with unparalleled experience from exploration, through development to operations, [...]
Nickel Investing News reports nickel prices are improving with the rebalancing for base metals.
Now, it is one month into the year and the gains have halted. London Metal Exchange three-month nickel closed Friday at US$11,150 a metric tonne, down 8 per cent on the week, and off 17 per cent since the start of the [...]
Heavy Oil Investing News reports with the on-going unsettled financial markets, heavy oil and oil sands are affected.
Energy stocks and trusts are down, and the news marginalia suggests that companies have a bleak outlook for the future profitability of heavy oil exploration, extraction and upgrading.
For complete story, click this link. Follow developments in resource mining [...]
Heavy Investing News reports oil prices rallying in the US$90 range and cause concern to investors.
The prospect of further price declines in conjunction with extremely curtailed access to credit should be worrying to companies. It should be especially worrying to juniors and companies on the venture exchange. In the months ahead, one would expect consolidation in the oil [...]
Heavy Oil Investing News reports the Canadian election in focus, Canadian investors in commodities have better times.
No serious investor assumes that his/her investments will continually improve without any risk. Similarly, it would be “unserious” to assume that the events of the past week represent an all-time high. Unless you believe that your stocks and trust [...]
Thursday, February 11, 2010
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