By Leia Michele Toovey- Exclusive to Lead Investing News 2008 was a year for unprecedented losses for both the zinc and lead markets. As economic malaise spread around the globe, zinc for three month delivery fell about 49 per cent. Lead, due to its close ties to the auto industry, took a staggering plunge from [...]
Continue reading "Zinc and lead in the New Year"
Sunday, December 21, 2008
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 [...]
Continue reading "Cutbacks make way for lead boom"
Sunday, December 7, 2008
By Leia Michele Toovey- Exclusive to Lead Investing News Shanghai base metals fell by their daily limits on Friday, chasing steep falls on the London Metal Exchange (LME). The Exchange said it would make an announcement about which contracts would be suspended after the market closed. So far this year, zinc prices are down 52 per [...]
Continue reading "Low zinc and lead inventories threaten price stability"
Wednesday, November 12, 2008
Lead was at $US1300 versus $US1270. Inventories rose and investors fretted about slowing demand and falling economic growth. For full story, click here
Continue reading "Lead at $US1300 versus $US1270"
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Sunday, January 11, 2009