As less of the palladium is mined, the average production costs go up further since companies will have more difficulty covering their fixed costs without higher prices. For full story, click here
Continue reading "Average production costs go up further"
Tuesday, February 10, 2009
Exchange Traded Funds that deal in the precious metals have been seeing an increase in business, lately. ETF Securities said on Monday the amount of metal it holds to back its Physical Palladium exchange-traded commodity PHPD.L rose 12,628 ounces or 8 percent in the week to Feb. 6.
Continue reading "Palladium ETF securities soar"
Wednesday, February 4, 2009
VIPR anncounced that it has acquired a gold property consisting of 10 licenses. As market fundamentals for both gold and uranium point to significant demand-driven price increases which should, in turn, lift the value of the companies developing the resources. For full story, click here
Continue reading "VIPR Has Acquired Another Gold Property"
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Wednesday, February 11, 2009