Commodities & Metals

Commodities & Metals Articles

The global diamond mining industry may be one of the world’s best-kept secrets. Next to anything else having to do with diamonds, that is. The four largest diamond miners in the world are De Beers...
Following an end-of-week rally last week, the DJIA has picked up where it left off and is up about 100 points just before noon today. The NASDAQ and S&P 500 are also up. And gold, while up a...
Rare earth minerals miner Molycorp Inc. (NYSE: MCP) reported second quarter earnings last night that topped analysts’ estimates, and shares are trading more than 10% higher in the pre-market this...
Less than two months ago, CME Group Inc. (NYSE: CME) lowered margins on its 100-ounce Comex gold contracts in what the company said was part of its “normal review of market volatility to ensure...
From a high of more than $2/pound, cotton prices have tumbled to around $1/pound. The collapse is likely due to what analysts think will be a record cotton crop for this year. This could be welcome...
Rare Element Resources Ltd. (AMEX: REE) is leading the rare earth sector higher today after disclosing last night about its progress in North American rare earth element deposits.  The numbers look...
The move up and the sudden move down in gold today has been almost impossible to ignore.  Gold was up more than $15.00 above $1,681.00 today, but now gold is DOWN over $20.00 and back under...
The new gold rush is the same as the ultimate flight to quality… Rather than chasing dollars and getting great income of the United States bond market, gold continues to move toward being a...
More woes are coming out of China regarding Chinese companies… AgFeed Industries, Inc. (NASDAQ: FEED), an animal nutrition and commercial hog producer in China, has given a preliminary report on...
NovaGold Resources Inc. (AMEX: NG)may have struck it rich.  Last month when we looked at value in gold mining stocks, NovaGold was among the group.  We noted at the time that NovaGold had pinned...
After considering the comments made, it its difficult to tell whether Moody’s recent announcement of a pending downgrade of AK Steel Holding Corporation (NYSE: AKS) is company-specific or motivated...
As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the afternoon. Silver has...
Weyerhaeuser Co. (NYSE: WY) reported a -29% decline in profits this morning. The company’s EPS came in at $0.02, compared with estimates of $0.19. Weyerhaeuser also missed on revenue, posting a...
Senior gold miners Barrick Gold Corp. (NYSE: ABX) and Goldcorp Inc. (NYSE: GG) reported earnings this morning, and the reports varied by enough to cause some wonder, if not concern, about gold...
Avalon Rare Metals Inc. (AMEX: AVL) is getting hit pretty hard this morning after shares were hit hard last night.  The emerging rare earth materials players filed to sell some 7 million shares of...