Precious Metals

Reuters reported that a trend towards seabed mining has explorers paying close attention to costs despite lucrative potential.

Reuters reported that a trend towards seabed mining has explorers paying close attention to costs despite lucrative potential.

As quoted in the market news:

Gold is also seen as lucrative to mine, with spot prices trading up almost 9 percent this year after hitting an all-time high at $1,920.30 an ounce in September 2011.

Click here to read the full Reuters report.

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MARKETS

Markets
TSX20648.53+116.35
TSXV721.89+7.23
DOW32850.28+213.09
S&P 5004114.01+56.17
NASD11967.29+226.64
ASX7105.90-49.30

COMMODITIES

Commodities
Gold1854.40+1.34
Silver22.19+0.17
Copper4.31+0.05
Palladium2062.00+54.00
Platinum955.50+6.50
Oil114.21+0.12
Heating Oil3.86+0.01
Natural Gas8.47-0.42

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