Archive for 'Today in Business'
Crude oil rises on speculation worst of recession is past
Crude oil rose to the highest close since November on speculation that the worst of the recession is over.
Posted: May 7th, 2009 under Today in Business.
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Investors flock to traded funds
Gold-based exchange traded funds, or ETFs, are becoming increasingly popular and, for many, the primary means of investing in the precious metal.
Posted: May 7th, 2009 under Today in Business.
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Scrap comes to the platinum sector’s rescue
The global financial-crisis-battered platinum market would have been in worse shape at the end of last year had it not been for scrap.
Posted: May 7th, 2009 under Today in Business.
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Coal: It was a very good year
National and state governments around the world are pumping money into clean technology projects, but coal is still doing well.
Posted: May 7th, 2009 under Today in Business.
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Gold sales cost Europe’s central banks $40bn
Europe’s central banks are $40bn poorer than they might have been after they followed a British move taken 10 years ago to shrink the Bank of England’s gold reserves.
Posted: May 7th, 2009 under Today in Business.
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Minefinders continues to ramp up gold, silver production at Dolores Mine
Minefinders Corporation announced that commercial production had been achieved at the 100%-owned Dolores Gold-Silver Mine in Mexico.
Posted: May 7th, 2009 under Today in Business.
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Gold: Unstable metal
Gold prices are incredible volatile. This timeline shows how varioius economic and political events have driven gold prices from 1900 to present day.
Posted: May 7th, 2009 under Today in Business.
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Gold up ahead of bank stress tests
Gold rose more than one percent on Thursday, with buying supported by the prospect of gold being used as a possible hedge against inflation.
Posted: May 7th, 2009 under Today in Business.
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Thompson Creek announces first-quarter 2009 financial results
Thompson Creek Metals Company Inc., one of the world’s largest publicly traded, pure molybdenum producers, announced first-quarter financial results today.
Posted: May 7th, 2009 under Today in Business.
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Chesapeake CEO: Dramatic natural gas price rebound
Current low natural gas prices are setting the stage for a dramatic price rebound that should begin this fall or winter, Chesapeake Energy Corp.’s chief executive officer told analysts Tuesday.
Posted: May 6th, 2009 under Today in Business.
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