Oil Drops as IEA Lowers Global Demand Expectations for 2012 and 2013
Bloomberg reported that the price of oil dropped after the International Energy Agency reduced its outlook for global oil demand by 100,000 barrels per day for 2012 and 2013. The organization...
View ArticleVolcan Anticipates 40-percent Increase in Silver Production for 2013
Reuters reported that Peru's Volcan Compania Minera SAA (OTC Pink:VCANF) expects its silver production to rise to 30 million ounces next year. That would amount to an increase of 40 percent.Continue...
View ArticleMosaic’s Profits Fall on Phosphate Prices, but CEO Forecasts Growth in 2013
Falling phosphate prices reduced Mosaic's profits in the most recent quarter, but Jim Prokopanko, the company's CEO, expects 2013 to bring "record global phosphate shipments."Continue reading...
View ArticleRiding the Iron Ore Roller Coaster
Prices have hit both 15-month highs and three-year lows in the last five months, leaving investors wondering what’s next.Continue reading...
View ArticlePDAC Speakers Take the Long View
The annual mining conference opened with experts predicting a mixed near-term outlook for resources, but stating that underlying trends should fuel demand in the long run.Continue reading...
View ArticleSilver Surplus and Supply Forecasts
The silver market is reportedly in surplus and many miners are expecting to see supply increases.Continue reading...
View ArticleRick Rule, Mickey Fulp, Lawrence Roulston: What to Do With Your Depressed...
With the TSX Venture Exchange continuing to decline, many investors are wondering whether they should sell, hold on for the next rise or buy to take advantage of low prices. Here are the opinions of...
View ArticleSome Like It Hot: Lisa Morrison on the Outlook for Industrial Metals
Commodities may have broken out of a commodity supercycle and could be hitting a cyclical trough. Lisa Morrison, the principal consultant of CRU Group in Philadelphia, analyzes the price outlook for 26...
View ArticleBarclays Lowers 2014 LME Nickel Outlook to $14,000 per MT
MetalMiner reported that Barclays has downgraded its 2014 London Metal Exchange (LME) nickel price outlook to about $14,000 per metric ton (MT); that's down from its previous forecast from $18,000 per...
View ArticleScotiabank’s Mohr Sees Nickel at US$8.30 per Pound in 2014
Mineweb reported that according to Scotiabank's Patricia Mohr, nickel supply will fall 20 percent this year, largely due to Indonesia's export ban.Continue reading...
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