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Courtesy of Kitco-Casey Research: Headlines from around the world on the natural resources market, sector and corporate activity. Keep yourself in the know!
Economic growth to boost metal prices March 9, 2010
But, the BMO Capital Markets global commodity strategist says that the advance may be slow.
European steel demand to bounce 20% in 2010 March 9, 2010
But the World Steel Association cautions much of the West's business has been irrevocably lost to the East.
Zimbabwe's amended mining bill ready March 9, 2010
Zimbabwe has prepared an amended mining law to be presented to Cabinet for approval before it is debated in Parliament, but it is not clear if the amendment bill will prescribe 51% local ownership of all mines.
Manganese Ore to join India’s asset sell-off March 9, 2010
India plans to sell about 10 percent of Manganese Ore (India) Ltd., the nation’s largest producer, as steel-related companies drive the government’s record sale of state assets.
China province to grow coal output 30% March 9, 2010
Shanxi province's party boss said coal output will be 700 to 800 tonnes for the year.
Mongolian miners looking to list March 9, 2010
A top executive at an Ulan Bator-based financial services firm maintains that Mongolian owned and operated resources firms are actively searching for investors and seeking out markets like Hong Kong, for possible IPO opportunities.
Vale, union break off Sudbury talks March 9, 2010
Brazilian-owned miner announced that the first negotiations since the United Steelworkers union began the strike in July, had broken down.
Canadian gold and copper juniors likely to shine March 9, 2010
And, according to Canaccord Adams analyst Wendell Zerb, more M&A is likely as equity markets return to normal.
BHP shakes up coking coal sales system March 8, 2010
Sales of coking coal may be changed forever after BHP Billiton announced many of its customers had agreed to embrace short-term pricing.
Venezuela buys own gold to boost reserves March 8, 2010
Venezuela is the latest gold producing country to confirm it is planning to boost its Central bank gold reserves through buying gold from its domestic mine production.
Dubai gold imports down 15% in 2009 March 8, 2010
According to the Dubai Commodities Centre, Dubai saw weak demand from the retail sector during the year.
Anglo seeing "strong interest" in zinc March 8, 2010
Global miner Anglo American said it had received "strong interest" in its zinc assets but would not confirm that Vedanta Resources and HudBay Minerals were the front-runners to acquire them.
Long-term potash demand looks good March 8, 2010
T.D. Newcrest's Paul D'Amico suggests investors seeking to gauge the future of potash markets should focus on global corn supplies.
'09 exploration budgets suffered steepest decline March 8, 2010
A Metals Economic Group study has determined gold has regained its standing as the top exploration target.
Gold is the standard! March 8, 2010
Midas Letter publisher James West believes gold is the store of value everybody resorts to when times are rough. Interview with The Gold Report.
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