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 [...]
Continue reading "Market sentiment wins in price tug-of-war"
Sunday, November 23, 2008
By Leia Michele Toovey- Exclusive to Zinc Investing News The global economic outlook seems to worsen everyday. The US, China, and India are witnessing an economic slowdown. Data coming out of Japan shows that the economy there has entered into a recession in the third quarter as corporate spending and export demand slumped. The 15 [...]
Continue reading "Zinc and lead companies underwater"
Thursday, November 6, 2008
Profit declined by 24.7% at India-focused miner Vedanta Resources in the 6 months to 30 September and earnings fell 7%. beacuse of the falling lead LME prices and rising input/energy costs. Anil Agarwal, chairman of Vedanta Resources, said: In these challenging and uncertain markets, the group has produced a strong performance and we continue to make progress on [...]
Continue reading "Vedanta Resources announces lower profit"
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Monday, March 2, 2009