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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 MiningCitigroup Global markets analyzing chart to predict price of mining
Citigroup Global Markets, analyzing charts that some traders use to predict price direction, said in a report Jan. 8 that “commodity markets, while still considered in a bull run, are now overheated and vulnerable to significant corrections.”
As losses mount in copper, oil and sugar, these firms say the 20 percent plunge in commodities, as measured [...]
Hyperdynamics Reports Encouraging Initial Results From Oil Seeps
“We are especially encouraged by the fact that the survey was able to confirm oil slicks identified by satellite imagery, and in some cases, trace them back to their subsurface origin. Both fluid samples and drop core samples were successfully obtained from the survey, and we will be analyzing them to differentiate source rock ages,” [...]
Posted in Mining Oil Industry Main
