Commodities Markets Summary
The Sydney Morning Herald reports that commodities prices were mostly down today including oil, nickel and gold.
The Sydney Morning Herald reports that commodities prices were mostly down today including oil, nickel and gold.
The Financial Times reports that in a year when coffee has gone up and nickel has plummeted, active indices are the investment.
Bloomberg reports commodities headed for the biggest monthly drop in a year as concerns in China and Europe fanned speculation.
Bloomberg reports crude oil and gold will lead a rally in commodities as production fails to keep pace with demand.
Mutiny Gold Limited: ASX:MYG, a diversified Australian resources company, has announced that it has signed an agreement with Mac Equity Partners Pty. Ltd. to secure the necessary funds to continue aggressive exploration activities at its two flagship Western Australian projects. The two projects are the White Well gold project in the Murchison and the Widgie [...]
Western Areas NL:ASX:WSA, Nickel Sulphide producer, has teamed up with Minara Resources (MRE.AX), a fellow nickel producer, to treat ore from the Spotted Quoll mine, in Western Australia. Minara has the capacity to treat 550 000 t/y of ore and will be fully operational in June. Click here to access the entire news.
The world’s largest nickel supplier suggests it won’t restart idle capacity until prices reach $25,000 per ton Nickel; demand is projected to outstrip supply for the first time in four years; and Brazilian producer Vale’s Canadian plans may be on hold.
By Kishori Krishnan Exclusive To Nickel Investing News Consumers are back to buying. Clear cut indicators suggest that that Americans and most other consumers are able to get their balance sheets in better order these days and so, have gone back to the market. The jobs report too showed signs that the labor market could [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News Ben Bernanke’s comments as part of the FOMC’ s statement that the recession in the US is easing increased confidence that demand for metals will strengthen, advancing nickel as much as 8.5 per cent to hit its peak price for 2009. Across the ocean, Germany, the [...]
By Leia Michele Toovey- Exclusive to Nickel Investing News Speculation, combined with threatened supplies due to strikes at Vale Inco, has sent the price of nickel on a much needed upswing. On the London Metal Exchange, nickel closed t at US$ 19,100 per tonne in the previous session. Over in India, on the MCX, nickel [...]
Get our independent commentary on nickel trends and companies delivered to your inbox.