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Archive for July 1st, 2008

Commodity boom spurs Russia’s iron belt

theglobeandmail.com, 10:00 AM EDT 30-Jun-2008
by ROBIN PAXTON, Reuters
GUBKIN, Russi - Soviet geologists were looking for oil when exploring this region 500 kilometres south of Moscow.
Instead, they unearthed Europe’s largest iron belt. Legend has it the pit blasted into the fertile soil is big enough today to fit the world’s population twice over: it has certainly […]

Commodity Prices - June 30, 2008

Gold N.Y. Spot $ 0922.20
Silver N.Y. Spot $ 17.43
Lead LME Cash $ 0.7870
Copper LME Cash $ 3.9803
Zinc LME Cash $ 0.8482
Nickel LME Spot $ 09.83
Aluminum LME Spot $ 1.3939
Platinum N.Y. Spot […]