Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Friday 05th of September 2008
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 to benefit from stock market uncertainty ...

Barrick Gold marks 25th anniversary ...

Rockhaven announces disclosure clarification ...

Latest Metals News:

Latest News  Copper losses pull other metals prices lower

Latest News  Xstrata increases stake in Indophil

Latest News  BHP fatality closes Australian iron ore mines

Latest News  Palladium gains as other precious metals see declines

Latest News  EU halts investigations into BHP’s bid for Rio

Latest News  Aluminium falls amid gains for other base metals

Latest News  Lomin rejects Xstrata bid but leaves door ajar

Latest News  Metals drop with crude oil prices

Latest News  Antofagasta forges ahead despite rising costs

Latest News  Copper prices lower on jump in inventories


Previous: « Copper gains on China imports, US new home sales
Next: Dollar decline supports metals prices »

Visited 1278 times, 2 so far today

Gold ($/troy ounce):

Silver ($/troy ounce):

Platinum ($/troy ounce):