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The Olympic Dam promises to be a considerable asset for Australian energy resources. It is considered to be the world’s largest uranium deposit and the enormous scale of the expansion ambitions are revealed in the SEIS which estimates that BHP will spend $30 billion to access the resource.
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http://resourceinvestingnews.com/16662-potential-expansion-of-australian-uranium-asset.html
Zinc Plunges, But Outlook Is Positive
While zinc failed to escape the commodity sell-off in early May, analysts are optimistic about the metal's recovery.
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http://resourceinvestingnews.com/16666-zinc-plunges-but-outlook-is-positive.html
Silver ETFs Experience Record Trading Volumes as Prices Slip
ETF Securities says it traded a record 5.25 million shares of ETFS Silver Trust as many investors sold off their holdings in the Silver ETFs.
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http://resourceinvestingnews.com/16677-silver-etfs-experience-record-trading-volumes-as-prices-slip.html
Housing Data Leaves Copper Range-Bound
Copper prices witness some well-deserved relief over the past few days, spurred my positive manufacturing data out of the U.S. On Tuesday morning, copper continued its ascent, trading as high $4.0395 a pound, but quickly gave-up those gains when news that U.S. April home construction unexpectedly fell hit the markets.
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http://resourceinvestingnews.com/16683-housing-data-leaves-copper-range-bound.html
BC Mining Person of the Year Award Recipients Instrumental in Copper Projects
Last week,the Mining Association of British Columbia awarded two outstanding individuals the prestigious "BC Mining Person of the Year" award. Both winners were acknowledged for their contributions to the province's copper mining industry.
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http://clicks.aweber.com/y/ct/?l=C5IXN&m=1bEyT98Efkualn&b=vhx_5avGtlUJAMy_tJXBHg
Rare Earth Companies’ Shares Fall
After Molycorp posted a Q1 loss, missing analysts’ expectations, ripples were felt through the rare earth mining sector. Are the investors that rushed to this market willing to wait for these companies to produce on their deposits, generating revenue, or are they looking for a quick buck?
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http://clicks.aweber.com/y/ct/?l=C5IXN&m=1bEyT98Efkualn&b=3VAOwP1Sz9rVl3bXptuOLQ
Inflationary Costs Impacting Lithium Producer
At the beginning of next month or as contracts permit, a large lithium producer will be increasing global pricing for all of its lithium bromide products by 15 percent for all standard and non-standard pricing. The inflation is directly related to an "exponential spike" in the cost of key raw materials over the last few months.
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http://resourceinvestingnews.com/16716-inflationary-costs-impacting-lithium-producer.html
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