Wednesday market sentiment was jittered by the never-ending Greek debt negotiations story. Main indices recovered some of the ground lost earlier in the morning but some of them were still low in the afternoon session.
Tuesday morning precious metals benefited from the announcement that the Greek government is accepting the terms of a second bailout. The euro also gained support and the EUR/USD index gained 1.02% , quoted at 1.3256 at noon EST.
Monday morning stocks dropped slightly in response to Greece dragging its feet on accepting the terms of a new bailout deal.
This is the first of a series of short articles aimed at the lay person or investor wanting to understand the present-day gold rush in the Yukon.
The 2012 week-long celebrations of the Year of the Dragon in China were nothing but a major 'gold rush' with gold sales volumes exceeding 95 million U.S. dollars, which is an almost 50 percent increase over last year's celebrations. Gold is increasingly being considered an investment asset on its own and gold and silver bars sales are soaring along with jewellry sales.
The value of mineral production in the United States increased by 12 percent in 2011 from that of 2010, suggesting that the nonfuel minerals industries, particularly metals, continued to recover from the economic recession that began in December 2007 and lasted well into 2009.
The 2011 copper market, according to a Roundup 2011 presentation in January, will present a 1.5 Mt deficit. The picture will change in 2013 when production exceeds market demand but still the surplus will be easily swallowed by investment demand. In the 2011-2015 interval some 66 new copper mining projects will come online.
By Dan Oancea, InfoMine In this series of short articles I present a few of my notes and observations on thermal coal, uranium, vanadium, molybdenum, copper and gold — commodities that were discussed at Roundup 2011 […]
In this series of short articles I present a few of my notes and observations on thermal coal, uranium, vanadium, molybdenum, copper and gold — commodities that were discussed at Roundup 2011 technical exploration conference in […]
Atac Resources’ press releases regarding the discovery of a "Carlin type deposit" on their Rau, Yukon property made headlines and managed not only to attract investors’ attention but also to raise some eyebrows in the geological community and made some jealous individuals, saying that the stock is overbought already.
AME BC’s 28th annual conference, the world’s premiere technical exploration conference, took place in late January 2011 at the Westin Bayshore in Vancouver, British Columbia. It boasted some 7,000 visitors, a record-breaking attendance level.
A mineral deposit that matter is a deposit that helps you make money regardless of the economic cycle – has a long life and it has an impact on the global supply. Forecasts are that […]
Metso Minerals will supply crushing and screening equipment to Moly Mines for its Spinifex Ridge molybdenum project near Port Hedland in Western Australia’s Pilbara region. The delivery will be completed during the fi rst quarter […]
Metso Minerals will supply crushing equipment to Assmang Limited for its Khumani iron ore mine in the Northern Cape of South Africa. The delivery will be completed during the second quarter of 2010. The value […]