Commodities Report: Metals Prices Higher on Greek Debt Concerns
CNBC reported precious metals prices rebounded on mounting concerns about how the Greek financial crisis could affect the European economy.
Articles Tagged "metals"
Commodities Report: Corn Prices Rise, Metals Drop
CNBC reports that while corn prices are reaching all-time highs, precious metals are dropping down on a stronger US dollar.
Metals Fall as Economic Outlook Dims
CNBC reports that metals fell today as investors grew weary that economic recovery is slowing.
Commodity Watch: Nickel and Tin fall, Wheat and Ethanol Rise
Procurement Blog reports that the commodities markets were up and down last week, but palladium has been rising steadily.
Stillwater Mining Company Suspends Day Shift Operations Due to Flooding
Stillwater Mining Company (NYSE:SWC) reports that day shifts at its operations were cancelled due to heavy road and highway flooding.
Europe’s summer of rage
IBTimes reports the gold price is holding steady at above $1,500 per troy ounce, following a strong showing late on Friday.
Global Payments Sells Money Transfer Business to Palladium Equity Partners
A leading provider of electronic transaction processing solutions, Global Payments Inc. (NYSE: GPN), has announced its sale of money transfer business, DolEx- and Europhil-branded to an affiliate of Palladium Equity Partners, LLC. David Perez, a Managing Director of Palladium Equity Partners is quoted saying: “We look forward to working with the management team at DolEx/Europhil [...]
Palladium Precious Metal 2010 Downfall – Natixis Analysis
Natixis Commodity Markets has warned investors and miners of the fast depletion of precious metals due to the heavy production and use. The Global market analyst group thinks of the downside in Palladium use since although there was a balanced state of supply last year, 2010 has proven to be a modest deficit year for [...]
Norilsk Nickel Will Not Stock Palladium from 2011-2015
Russia’s Norilsk Nickel (GMKN.MM), world’s largest palladium producer has confirmed that it will not be focusing on palladium production from 2011 to 2015. Deputy CEO Viktor Sprogis is quoted saying: “The company and other main market players conclude on the basis of indirect indicators that the state palladium stocks will not be a decisive factor [...]
North American Palladium Completes LDI Scoping by Q3
North American Palladium (NAP), a precious-metals producer, is doing a scoping study to develop the new Offset zone at its Lac des Iles (LDI) Palladium mine in northern Ontario and expects completion by Q3 of this year. CEO William Biggar is quoted saying: “This will make NAP a very low cost producer of palladium.” Click [...]
