This morning, officials from the G7 countries (U.S.A., Canada, Japan, Germany, France, Britain and Italy) held a conference call to discuss potential solutions to the pressing market crisis currently at play in world markets. This tentative plan includes a possible 700 billion dollar buyout of bad debts, including defaulted mortgages and other failed investments, with [...]
By Heather Matthews – Exclusive to Lead Investing News Current market climate After months of investor withdrawals and plummeting profits, RAB, a major hedge funds investment firm that focuses on natural resources, has announced plans to alter its fee structure in order to keep investors. The firm reports profit decreases of more than 48 per [...]
By Heather Matthews – Exclusive to Lead Investing News Current market climate Over the past nine months, zinc and lead spot prices have declined 26 per cent as a result of a long-term market surplus that has negated demand for the base metals worldwide. The impact of this surplus is manifesting itself in myriad forms [...]
By Daniella D’Alimonte – Exclusive to Lead Investing News Lead is currently hovering around 0.94 per pound, up over 0.20 from this time last month, but down about $0.46 from the corresponding period last year. Canadian Zinc Corporation (TSX: CZN) released Q2 financial results ending June 30. Although the company announced a net loss of $152,000, this is [...]
By Daniella D’Alimonte – Exclusive to LeadInvestingNews The spot price of lead had risen over US$0.20 in the last month, currently hovering around US$1.00. However, the rising production costs and limited power supply is affecting mining output and earnings across China. The quickly approaching Beijing Olympic Games are also putting the squeeze on the country’s [...]
Along with other industrial purposes, one of leads main and growing uses continues to be in batteries. Peter Theyer, geologist for Winnipeg’s Wildcat Exploration, says it is almost irreplaceable for this use at this time. This is largely because of the high volumes of cars being produced. Previously used in a lot of household products [...]
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