Happy New Year

From everybody here at SMFUK

we would like to with you

A HAPPY NEW YEAR

and hope to see or hear from you soon!

Christmas

So as you know we are now shut for Christmas.

We wish you an enjoyable Christmas and A Happy New Year!

Merry Christmas!

From everybody here at SMF we would like to wish you

A MERRY CHRISTMAS AND A HAPPY NEW YEAR!

And thankyou for your custom this year!

SMF Closures

As christmas nears closer and closer we thought we would let you know that SMF shuts on Monday 20th December and will reopen again Tuesday 4th January.

So if you would like to contact us when the office is shut then please drop us an email we will get back to you when we are back in.

SMFUK Service

As it is now the 11th December you can still give SMFUK a call if you need anything done by us before christmas.

You can give us a call or email us.

Christmas is almost here now only 2 weeks today and it has come around quicker than ever..

So if you need something done by us then please contact us as soon as possible.

China Molybdenum to invest in Shanghai

China Molybdenum co have declared that they will be investing $542 million in the Shanghai Stock Exchange.

China Molybdenum Co are the biggest molybdenum company nationwide and produce millions a year.

China Molybdenum’s net profit, computing by International Accounting Standards, surged 112.9% year on year to RMB 419 million in the first half of this year, and its basic earnings per share stood at 8.6 RMB cents.

Silver Drops

Silver is actually decreasing in price now.

Its not worth as much as it was as its slowly decreasing yet gold it still staying quite high.

Its never been worth as much as Gold and probly never will.

But it could go back up again.

You can still sell your gold and silver and you can still make money from these precious metals.

Copper hitting a high

Today it has been established that copper is at all time high.


At a staggering $9,000 a tonne its going to be a very expensive metalfor a while.
So if you have a large amount of it keep it very secured because there will be people around wanting to steal it to make money.


The London Metal Exchange have said that it could hit $10,000 to $12,000 next year.
So 2011 could be an expensive metal year especially for copper.

Moly Mines Project Funding.

Moly Mines Ltd have been approved by the Chinese government department for the banks to give $466 million as funding for a new mine project known as Spinifex Ridge.

The terms and conditions of this funding loan are to be released later this month.

“NDRC approval is the critical government approval required for any major overseas investment by a Chinese organization,” Moly Mines Chief Executive Derek Fisher said in the statement.

The project was set up and to be started in 2008 but due to the recession and financial crisis everyone was in it was hard.

More details are said to be released in a few days.

Gold keeps getting better.

As the dollar is falling, for the second day in a row gold is yet still increasing.

Its amazing as it has been on the crease for some time now, and its now said that dollar is decreasing and as you can see by the day.

“Gold is up primarily on dollar weakness and economic optimism,” Adam Klopfenstein, a senior market strategist for Lind-Waldock in Chicago “This is very positive for gold on the future inflation front.”

“Gold is moving up on better economic data,” Frank Lesh, a trader at Futurepath Trading in Chicago “The risk trade is on.”