Commodities & Metals

Commodities & Metals Articles

Freeport-McMoRan has agreed to sell a 13% ownership stake in its Morenci mine for $1 billion to its joint-venture partner in the Arizona mine, Japan-based Sumitomo.
According to new analysis in the World Gold Council's Gold Demand Trends Full Year 2015, the U.S. central bank held 8,155 tonnes of gold at the end of December.
The SEC has announced that St. Louis-based agribusiness Monsanto has agreed to pay an $80 million penalty and retain an independent compliance consultant to settle charges.
24/7 Wall St. saw many gold stocks among the top performers so far in 2016. But the rising tide of gold has not been mutually beneficial for every gold mining or exploration outfit.
Seven gold stocks valued at $500 million or more have risen over 40% year to date, and one of those is up over 100%.
ArcelorMittal, the world's largest steelmaker, revealed fourth-quarter and full-year 2015 results Friday morning, and the view was anything but pretty.
In a new JPMorgan research report, the commodity team raises their price target for gold, and they make the case that there are numerous reason for increased bullishness.
A falling dollar favors commodities, like gold and copper, that trade in dollars by making them cheaper compared with other currencies.
Weyerhaeuser reported fiscal fourth-quarter and full-year 2015 results before markets opened Friday morning.
So what are investors supposed to make of an analyst downgrade of Freeport-McMoRan coming out now?
As far as U.S. Steel is concerned, analysts are wary that a turnaround is in the offing, many lowering their price targets.
Freeport-McMoRan reported fourth-quarter and full-year 2015 results before markets opened Tuesday morning.
U.S. steel maker Steel Dynamics reports fourth-quarter and full-year 2015 earnings after the closing bell Monday.
Lumber prices are down nearly 30% in the past 12 months as housing construction and remodeling in China have slowed due to the country's tightening economy.
For the first couple of weeks of 2016, Barrick Gold and Agnico Eagle Mines are the only two gold mining stocks that have posted gains.