Copper Steadies After 4-Month Low on Greece
May 16, 2012 by Gold Editor · Leave a Comment
SOURCE: [Reuters] – Copper steadied from four-month lows on Wednesday, but was still set to notch up a fourth session of losses, after French and German leaders said they don’t expect Greece to leave the euro zone which reassured investors who were never-the-less concerned about a slowdown in big metals consumer China’s economy. World shares [...]
Copper Traders Turn Bullish First Time in 6 Weeks
April 20, 2012 by Gold Editor · Leave a Comment
SOURCE: [Bloomberg] – Copper traders are bullish for the first time in six weeks on mounting confidence that demand will accelerate in line with economies at a time when mining companies are already failing to keep up with consumption. Eleven of 29 analysts surveyed by Bloomberg expect the metal to climb next week and 10 [...]
Orsu Metals Knocks on China’s Door: Develops Copper-Gold Projects in Central Asia
April 13, 2012 by Gold Editor · Leave a Comment
SOURCE: [Prospecting Journal]—In the race for precious and base metals, miners are drawn to the riches of Central Asia. The region’s proximity to China, now the world’s largest copper and gold consumer is an exciting investment opportunity for companies looking to create substantial returns. Orsu Metals (OSU-TSX.V) is one of the best prospects in the [...]
Top Analysts See Copper Rising Even as China Slows: Commodities
April 13, 2012 by Gold Editor · Leave a Comment
SOURCE: [Bloomberg, London] – The third consecutive annual copper shortage and accelerating U.S. growth will drive prices to the highest in a year in the next quarter, according to the most accurate forecasters. Supply will fall 278,000 metric tons short of demand in 2012, more than North America uses in a month, Barclays Capital estimates. [...]
Winston Forecast’s Northern Orion’s Numbers
March 22, 2004 by admin · Leave a Comment
Mr. James Winston so often seems to be the first out of the gate with new information. He put us onto Wheaton River, WRM-TSX, WHT-AMEX (up 450%) first, then Northern Orion NNO-TSX (up 250%). So it was no surprise that the day after Wheaton River announced their year end numbers (touché to management there!), we [...]