Mining Stocks Hit Hard by Recession Fears

Source: The Globe and Mail, David Ebner (9/22/11)

"Mining stocks are bearing the brunt of the market mauling."

The Globe and Mail, David Ebner

Mining stocks are bearing the brunt of the market mauling, as investors abandon the once-hot sector in fear of a global recession that sinks demand for key industrial commodities such as copper and coal.

Every sign of weaker demand is being seized upon by investors as evidence mounts that mining is facing a swoon. Miners this week have warned of customers delaying orders and unexpected cancellation of orders. In China, prices for steel—made from coal and iron ore—are falling, and new data Thursday showed a gauge of Chinese manufacturing is in decline. . .View Full Article

Is a Commodities Super Cycle on the Way?
Source: Streetwise Reports (04/19/2024)

Are we at the start of a commodities supercycle? We sat down with McAlinden Research to see what they had to say about the current state of commodities.

Idaho Gold Project Could Produce One-Third of Critical Antimony for US
Source: Streetwise Reports (04/18/2024)

Perpetua Resources Corp.'s Stibnite gold project in Idaho is also expected to provide as much as 35% of the United States annual demand for the critical metal antimony. Find out why analysts are recommending this developer.

Vancouver Explorer Sees 'District-Scale' Project in Colo.
Source: Streetwise Reports (04/18/2024)

Metallic Minerals Corp. announces that all four holes drilled at its Newmont-backed La Plata project in Colorado intersected porphyry-style mineralization from the surface and over their entire lengths.

Field Work Points to Copper Porphyry at Idaho Asset
Source: Streetwise Reports (04/18/2024)

To prove this out, the Canadian company plans additional exploratory work, to commence next month. Read on to learn more about this compelling project.

Gold Co. Sets New Drill Targets for Mexican Project
Source: Streetwise Reports (04/18/2024)

Centenario Gold Corp., fresh off the results of its maiden drilling program at its Eden gold-silver property in Mexico, is outlining new drill targets across the property. At the same time, prices for the precious metal are taking off.