METDAQ

Some Analysts Believe Silver Prices to Increase in 2012 It seems that 2012 might be a good year for silver. At least that is what some analysts believe. Even though there were some small losses in silver during 2011, many experts think that silver prices will end 2012 at twice or three times what its level was in the middle of December 2011.

Dispute between London Mining and Wits Basin London Mining has stated that a law suit that has been filed in the United States by Wits Basin Precious Metals is one of their partners in the Xiaonanshan iron ore mine that is located in China. London mining is stating that Wits Basin wants over $650 million in damages from a breach of fiduciary d...

High grade intersection for West Kirkland Mining Incorporation After a recent drilling project that has taken place at West Kirkland Mining Inc., Cunningham property which is located off beautiful Kirkland Lake, Ontario in Canada, the company stated that they have found high grade gold.

Change in management noted by Mechel OAO Mechel OAO, renowned for their steel and mining capabilities, has announced that there is a change reported within the Mecheltrans Management Company OOO with the appointment of Oleg Vasechko who is now the company’s Chief Executive officer.

Gas prices drop in UK-Could lead to drop in coal prices as well Gas prices are heading towards lows that were seen in late 2010 as the healthy suppliers are keeping a tight watch on the spot prices.

New reports lead companies to increase iron ore mining If China has seen their need for iron ore slip away, neither BHP Billiton or Rio Tinto is going to believe that need will be diminished for very long as both companies are expecting their iron ore growth numbers for the last quarter of 2011 to be very productive.

Lara Exploration gets option from Estrella Gold Corporation In a recent report, Lara Exploration Ltd has agreed to purchase from Estrella Gold Corporation their Isy Gold Property that is located in Peru.

Middle East hopes to see growth in the Steel Sector According to some analyst and specialist in the Middle Eastern steel industry reports show that they expect countries like Saudi Arabia and UAE to help boost steel growth in the Middle East by at least fifteen percent for 2012.

Rejection of agreement by Timken workers There was a tentative agreement set for by Timken Steel Business and their workers which would have ratified their members of the United Steelworkers Local 1123 which are based out of Canton but that deal did not go through as expected.

Gold Prices Affected by Worries of the Euro Analysts are expecting the US dollar to gain strength against the euro. This might have an affect on gold prices next week. Some analysts think that gold might be due for a retracement.

Scrap Steel makers that have to be recognized in 2012 There are a lot of scrap steel companies that saw their inventory of steel drop as prices began to plummet late last year as they were able to buy a lot of scrap steel products in the first and second quarter due in large part to reports stating that companies would be looking for higher than usual ...

Arnot mine workers reach deal with Exxaro In a deal that has abled Exxaro to avoid having work stoppage that was planned by workers at the company’s Arnot coal mine that is located in South Africa there is much excitement.