Pressure on lead miners
Lead made small gains, the level of $US1440/t will put extra pressure on companies that mine the base metal. For full story, click here
Lead made small gains, the level of $US1440/t will put extra pressure on companies that mine the base metal. For full story, click here
Base metals plunged as LME inventory continued piling up. Lead prices decreased to $960 a tonne. For full story, click here
December lead closed at 50.30 rupees per kg while Dcember zinc ended at 53.20 rupees per kg. For full story, click here
Three-month lead dropped to $1,080 a tonne from $1,217. For full story, click here
Lead stocks on the London Metal Exchange fell 225 tonnes to 41,075 tonnes and zinc inventories were down 175 tonnes to 190,475 tonnes. For full story, click here
Three-month lead dropped to $1,080 a tonne from $1,217. For full story, click here
By Leia Michele Toovey- Exclusive to Lead Investing News On the London Metal Exchange (LME), zinc prices have nearly halved to $1,198 a tonne from the end of 2007; last Thursday, lead fell to a two-year low in London. In lead news, after reductions in automobile production, both General Motors Corp and Ford Motor Co [...]
Base metal futures on MCX rose by an average 3 per cent after the People’s Bank of China lowered lending rate by 108 basis points to 5.58 per cent. For full story, click here
Lead fell to a two-year low at $1,081 a tonne as traders priced in falling demand from the auto sector, where sales have plunged. For full story, click here
Namibian lead miners said that the fall in the prices on the international market amid a slowdown in global economic growth would seriously hurt their revenues but assured the market they would continue digging. For full story, click here
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