It seems that uranium is returning to health after suffering weak demand in the wake of Japan’s Fukushima accident in 2011.
Demand for cobalt is increasing at a rapid rate, rising 13.5% each year from 2010–2017. And this number is only expected to keep growing. There’s been a lot of developments made on all fronts of the Cobalt sector this year and this could be very important for investors.
At time of writing, Sandfire Resources NL [ASX:SFR] are trading at a respectable $7.70, an 8.1% climb since market closing yesterday. Earlier this morning, the FY18 Annual Results were released on the ASX, marking a record net profit of $123 million for the company.
Artemis Resources’ Ltd [ASX:ARV] share price is grappling with the effects of the recent decline in gold prices. Despite this, Artemis shares have bounced back after a 5% fall at yesterdays close, trading at $0.18 in today’s market — a steady increase of... Click here
AuStar Gold Limited [ASX:AUL] shows that it’s benefiting from this boom, as its shares have risen by 12.50% during the day.
Newcrest Mining Ltd [ASX:NCM] has increased slightly by 1.44%, this morning. They sit on a market cap of $15.071 billion, while trading at $19.66 a share. Newcrest mining was founded in 1966. They sell a variety of copper and gold while specialising in mining development and exploration. Why the increase? Find out...
While there is a lot of uncertainty around markets right now, a good strategy is to go for relative value. Right now, gold reflects good relative value. That is, relative to other asset classes, gold looks the least risky in terms of valuation. There are reasons to believe that gold is readying for a major breakout. If that happens, the price will move higher, very quickly.
The latest news to worry investors is the prospect of a trade war. The big problem here is that the post-Second World War global economy isn’t really designed for balanced global trade. It was for a little while. But as the US began to consume more than it produced in the 1960s, gold started leaving Fort Knox to balance the tab.
Aeris Resources Limited [ASX:AIS] dropped by 16.67% early this morning. Why? Find out here...
Shares of Zimplats Holdings have shot up by 22.55% this week as Implats (owners of Zimplats) increased production by 9.6% since early November. Their productivity levels are expected to rise further in the New Year.