Commodities & Metals

Commodities & Metals Articles

Apparently it seems that getting coal in your Christmas stockings is now a good thing.  FBR Capital Markets has a research report this morning that is highlighting some select coal names and the...
Since hitting a new high of more than $1,430 on December 7th, the price of gold has settled down again (sort of) to around $1,385. There appear to be several factors at play here, most pushing the...
The global supply of rare earth elements faces a supply shortage because there is but a single source of approximately 97% of the minerals. That source is China, which has been fiddling with export...
Caterpillar Inc. (NYSE: CAT) is out with its monthly sales figures for November.  The gains are very high on the surface.  Asia/Pacific and the EMEA (Euro, Africa, Miidle-East) saw an acceleration...
The demand for metals and minerals of all kinds is pushing up sales and profits in the makers of the equipment used to extract the commodities. Joy Global, Inc. (NASDAQ: JOYG) reported earnings for...
Traders and investors have generally tended to flock to the SPDR Gold Shares (NYSE: GLD) for the gold trade when it comes to an exchange-traded product backed by real gold.  That has not kept...
Some rumors actually do come true, or at least close to true.  Molycorp Inc. (NYSE: MCP) was rumored to be getting an investment from Sumitomo for a stake of close to 10%.  A press release from the...
In 2010, China is expected to import about 130 million metric tons of coal, and that number could grow to 162 million metric tons in 2011. The country is trying to reduce its dependence on coal, but...
The world’s largest steelmaker is giving up on stainless steel. ArcelorMittal (NYSE: MT) has announced that it plans to go through with a plan it began discussing during the summer that would...
Apple Inc. (NASDAQ: AAPL) and gold have both been major gainers this year.  That makes it hard to ignore the notion that the gold trade may have become almost the same as the Apple trade.  After...
Molycorp Inc. (NYSE: MCP) is surging higher today on reports that Sumitomo is considering a stake in the company.  The move would be a game changer even if it is not lacking in surprise.  Now that...
After the markets closed on Friday, the board of directors of Massey Energy Co. (NYSE: MEE) issued a press release announcing that its long-time board chairman and CEO, Don Blankenship, “will...
SPDR Gold Shares (NYSE: GLD) is ready for another day of gains if this morning strength holds, and the current price of $1,414.55 is going to be crucial to watch for investors.  A month ago gold...
There is becoming an ETF for everything, and now a new combined metals ETF is being launched that will hold hold silver, platinum and palladium in fixed weights.  ETF Securities announced today that...
Canadian-based silver miner Pan American Silver Corp. (NASDAQ: PAAS) has released a report on its Navidad project in Argentina, providing details on a preliminary assessment of the project’s...