By Leia Michele Toovey- Exclusive to Lead Investing News As the global economy arguably trots down the path to a recovery, the metals are diverging in prices due to differences in their fundamental dynamics. Lead was the second-best performer of the LME metals last quarter, coming in a few percentage points behind copper. Lead gained [...]
Articles Tagged "exploration"
By Leia Michele Toovey- Exclusive to Lead Investing News Positive sentiment that spread through the markets during the week edged up most of the base metals. The U.K. benchmark FTSE 100 Index jumped 0.9 per cent and Japan’s Nikkei 225 Stock Average closed 2.7 per cent higher in Tokyo. Pessimistic data still came out of [...]
By Leia Michele Toovey- Exclusive to Lead Investing News The recent price crash in the metals means that many miners who were once raking in cash are now cutting output and suspending operations just to stay afloat. Analysts are already bracing for metal prices to skyrocket when demand recoups. The mining boom we just witnessed [...]
By Leia Michele Toovey- Exclusive to Lead Investing News Australia’s carbon tax program may force miners into bankruptcy. Nyrstar, the countries largest zinc and lead miner issued a response to the governments proposed taxation scheme. Chief Operating Officer Greg McMillan said modeling prepared for the company showed that the taxation would cost the company $70 [...]
The U.S.-based mining and exploration company said that it has retained Premier Media Services Inc., Mesa, Arizona, to lead its investor and public relations efforts. For full story, click here For company’s website, click here