Posts by Resource Investing News:

Gold, silver rise on Greece’s debt concerns

Forbes reports gold and silver prices climbed Tuesday as concerns lingered about Europe's debt crisis. The market news is quoted as saying, Most metals, oil and other energy products also settled higher after Goldman Sachs said it believes prices for many commodities will improve in the second half of the year.
Resource Investing News | May 25, 2011 | 11:30 pm

Uranium predicted to recover, yet short sellers remain active

Data Explorers reports the prediction of recovery of the uranium sector. The market news is quoted as saying: The Fukushima disaster caused the largest fall in the price of uranium for two years, yet a floor may have been reached as aggressive nuclear plans announced by China and India will double global uranium production, according to Bloomberg.
Resource Investing News | May 25, 2011 | 6:46 am

Belarus Potash to raise Brazil spot price

Reuters reported that the spot price for Brazil potash from Belarus Potash will increase. The market news is quoted as saying: BPC, a joint venture between Belarussian state firm Belaruskali and Russia’s Uralkali, said the move reflected higher global demand for potassium-based fertilizers and limited stocks.
Resource Investing News | May 23, 2011 | 10:15 pm

Coal exports from U.S. reach 20-year high on Australia floods

Bloomberg reported that a drop in coal exports following Australia’s floods pushed up exports from the US. The market news is quoted as saying: Queensland Resources Council, representing miners in the Australian state, said in January 85 percent of mines were “impaired by excess water.” Further rains delayed a production recovery, RBS Morgans Ltd. said last month.
Resource Investing News | May 23, 2011 | 5:03 pm
mongolia flag map mining

Hunnu buys controlling stake in Mongolia Coal JV from Rio Tinto

Mining Weekly reported that Hunnu Coal (ASX:HUN) bought a majority stake in the Altai Nuurs coal project from Rio Tinto (ASX:RIO). The market news is quoted as saying: Hunnu said in a statement that it would now start Jorc modelling at the Altai Nuurs project, with a major drilling programme planned for the remainder of 2011.
Resource Investing News | May 23, 2011 | 4:58 pm

Analyst sees overseas profits for US coal firms

Forbes reported that demand for Appalachian coal should drive up profits for US producers. The market news is quoted as saying: India and Europe will likely to import more of the plentiful, dirtier-burning coal used by electric plants, Brean Murray Carret & Co. analyst Jeremy Sussman said in a research note Friday.
Resource Investing News | May 20, 2011 | 10:03 pm

Exxaro seeks bids for zinc assets

Reuters Africa reports Exxaro (JNB:EXX) has invited bids for the company’s stake in a zinc and lead mine in Namibia. The market news is quoted as saying: The assets up for sale include Exxaro’s 50.04 percent stake in the Rosh Pinah mine and its wholly owned Zincor refinery.
Resource Investing News | May 20, 2011 | 3:20 pm

By Leia Michele Toovey-Exclusive to Potash Investing News Potash miners are facing heightened competition as the potential for profits is attracting mining companies […]
Resource Investing News | December 2, 2010 | 1:46 pm