Mining Trade and Market

Commodities Prices Outlook April 2012 March 30th, 2012

Silver Prices Decline in Future Trading Day March 30th, 2012

Spot Gold Prices Rallied near USD1,700 ending March 2012 March 30th, 2012

Nevada Sunrise Gold Corporation Drilling Golden Arrow Property March 30th, 2012

Platinum Palladium Prices 2012 Outlook and Forecast March 30th, 2012

Transocean Deep Water Rig Surge in Demand after Mexico Oil Spill

Business News – Transocean Ltd. the deep-water rig owner that’s trailed competitors in the stock market since its equipment burned and sank in the 2010 Gulf of Mexico oil spill, is set to benefit the most this year from a surge in demand. Rental rates for ultra-deep-water rigs, the world’s most complex and expensive drilling [...]

Mining News

Gold Prices 2012 High as Investors Appetite Bullion

Gold prices hit their highest since mid-November on Friday as expectations that U.S. monetary policy will remain ultra-loose boosted investor appetite for bullion, but struggled to maintain traction ahead of key U.S. payrolls data later in the day. Spot gold hit a high of $1,762.90 and was little changed at $1,759.00 an ounce at 1015 [...]

Tags: bullion gold 2012, gold prices 2012, spot gold 2012

Ivanhoe Mines Decide for Rio Tinto to Increase Stake of Oyu Tolgoi Copper Mine

Putumangun.org – Ivanhoe Mines Ltd.  decided to scrap a so-called shareholder rights plan, clearing the way for Rio Tinto Group to increase its stake and gain control of the developer of the Oyu Tolgoi copper mine in Mongolia. Ivanhoe will recommend investors vote to end the rights plan at its annual meeting on May 11, [...]

Tags: copper investors, copper mine, ivanhoe mines, oyu tolgoi copper exploration

LME Aluminium 2012 Delivery Rose 1 percent

Aluminum for three-month delivery on the LME rose 1 percent to $2,227 a ton and zinc gained 1.3 percent to $2,029 a ton. Lead advanced 1.3 percent to $2,166 a ton, nickel climbed 1.4 percent to $19,775 a ton and tin added 0.8 percent to $21,950 a ton. Aluminum, the second best-performing metal on the [...]

Tags: aluminium market 2012, aluminium price 2012, lme aluminium trading, metal price 2012