March 16, 2011

No plans for force majeure – Sumitomo

Sumitomo Metal Industries Ltd Japan's third-biggest steelmaker, said it had no plan to declare force majeure on input deliveries. The company has suspended operations of the two giant blast furnaces…

March 16, 2011

What’s going to happen to uranium stocks?

The balloon in uranium stocks has suddenly been popped by the imminent threat of a nuclear reactor meltdown in Japan. Jonathan Ratner from The Financial Post looks at what could…

March 15, 2011

Nuclear renaissance will survive despite Japanese crisis – Cameco

As Japan teeters on the brink of a disaster at its Fukushima DaiIchi nuclear power plant, Cameco chief Jerry Grandey suggests the […]

March 15, 2011

$245 billion injected into Japan’s markets

Japan has injected $245 billion into their markets to keep liquidity high.

March 15, 2011

Uranium stocks take a thrashing

While the jury remains out on exactly what went wrong at certain tsunami-and earthquake-impacted nuclear power reactors in Japan, investors took decisive action on Monday, selling down listed uranium stocks…

March 14, 2011

Quake aftermath: Gold futures rise; palladium, platinum fall

Gold futures rose for the second straight session as Japan’s strongest earthquake on record boosted demand for a haven asset, reports Bloomberg. Palladium fell for an eighth straight session, the…

March 14, 2011

Quake halts production at Japanese steelmakers

Reuters is reporting that FE Steel, the world's No 5 steelmaker, on Monday halted production at a plant near Tokyo and global fourth-ranked Nippon Steel suspended operations at two small…

March 14, 2011

Fukushima crisis creates big fallout in Australian uranium stocks

Australian uranium counters took a substantial hit on Monday in the wake of the crisis at the Fukushima nuclear power plant in […]

March 14, 2011

Japan and precious metals: a snapshot

As the country still reels from the devastation of a massive earthquake and tsunami, we provide a brief view of where Japan […]

March 14, 2011

Tragedies and gold…

After the awful tragedy in Japan placed doubts on Japan’s financial future some media reports said the gold rose on the back of that. We could not disagree more.