Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Friday 03rd of September 2010
Friday, October 26, 2007

Mining stock values increase with resources boom

Mining stock values increase with resources boom

The value of some mining companies continues to increasing in line with an overall boom in resources stocks.

With the commodities and metals markets in their sixth consecutive year of growth, investors are now taking resources stocks seriously, along with commodities and metals.

Currently, major diversified stocks are amongst the leaders in terms of stock price performance, and investors in resources stocks are spoilt for choice, given the truly global nature of the sector.

BHP Billiton, the gold miner and global diversified resources group, has a market value of $219 billion, reflecting a 700% increase in stock value in the past five years.

Norilsk, the Russian nickel producer and African Rainbow Minerals, the South African diversified mining company, have seen substantial increases in value.

Copper stocks are performing well, with Equinox and Frontera Copper amongst the top names.

Whilst precious metal stocks have not performed as well as copper and nickel, they are led by gold, where Tier I performances have been achieved by Kinross and Lihir.

Randgold Resources would probably top the Tier II category, with Jaguar Mining to the fore in Tier III.

Accolades among platinum stocks go to Aquarius, Anooraq, Platinum Australia and Braemore.

The list for strong performance in silver stocks includes Hochschild Mining, Penoles, Silvercorp Metals, Silver Wheaton and Silver Standard.

 

Add to Bookmarks:

ADD TO NETSCAPE     ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL


Related posts to: Mining stock values increase with resources boom

Newmont chief bullish on gold price ...

South African trade unions threaten share prices ...

Gold Resources increase at Bjorkdal Mine, Sweden ...

Rockhaven announces disclosure clarification ...

Barrick Gold marks 25th anniversary ...

Latest Metals News:

Latest News  US pending home sales data helps copper prices

Latest News  Positive data chases gold prices lower

Latest News  Gold gains on search for safetey ahead of economic data

Latest News  Gold gains as US dollar weakens

Latest News  Gold prices fall on US jobs news

Latest News  US durable goods orders, new home sales drive metals price moves

Latest News  Gold gains, copper drops on US home sales data

Latest News  Copper prices fall on economic, demand concerns

Latest News  US unemployment numbers hurt copper prices

Latest News  Copper prices gain on more inventory declines


Previous: «
Next: »

Visited 2116 times, 1 so far today

Gold ($/troy ounce):

Silver ($/troy ounce):

Platinum ($/troy ounce):