How Will Deflation Worries Affect Gold?

Gold has historically been an asset that people turned to when they are worried about inflation. Today, though, we are in a very unique situation ... all, prices for just about every other commodity, from oil to nickel to cotton, have plunged [more...]

Date: 2008-12-22 18:48:33

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Nickel Mining Production : African Eagle Cuts Cost at Dutwa Nickel Project

Miningweekly.com reported that, in a bid to conserve cash and steer the company through the current period of economic turmoil, ... markets and commodity prices. Mr John Park chairperson of African Eagle Resources said that the company ... from our 2007 Johannesburg listing and financing, but we recognize the need to conserve these funds. This will mean [more...]

Date: 2009-01-11 07:49:52

Crisis hist nickel demand hardest

NICKEL has been hit hard, with a long list of miners shutting down production in 2008 as prices probe record lows. In its commodities outlook for 2009, published this week, Goldman Sachs said it expected ... Malcolm Southwood said. London Metal Exchange nickel fell to a low of $US11,100 a tonne yesterday [more...]

Date: 2009-01-11 03:32:54

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