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Stainless Steel Increase Demand Nickel Prices
Nickel has endeavored to touch the psychological level of INR 1000 per kilogram after a gap of around 1 year. There has been a significant rebound in prices of nickel, as it was most heavily beaten down metal earlier. It has been on a constant rise, after its breakout above INR 666 per kilogram in [...]
Posted in Nickel MiningAn economic recession occurs on Mining industry
The expansionary monetary and fiscal policies coupled with sub-prime and speculative lending and weak financial regulatory systems in the industrialized world, especially the US, have led to the global financial and economic crisis (Laborde and Torero, IFPRI, 2009). Low interest rates and high public expenditures in industrialized countries have contributed to the crisis.
The global financial [...]
Mozambique Mining Industry growth of 9.2% during 2008-2009-2010-2011-2012
Mozambique Mining Industry is forecast to log an average growth of 9.2% during 2008-2012 and be valued at US$0.38bn in 2012. Mozambique’s mining sector remains bright, with the national director of Mining Resources, Fatima Momade, stating that the mining and oil sectors should be the primary drivers behind GDP growth hitting around 15% by 2010.
Momade [...]
