Commodities & Metals

lots of gold

Gold Faces Critical Chart Set Up Into End of February

It sometimes feels strange when stocks, oil, gold and other assets rise without a big sell-off in bond prices for higher bond yields. That being said, the price of gold often ...
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Open pit mine

Newmont Earnings Hit by High Closure Costs, Impairment Charge

Newmont Mining Corp. (NYSE: NEM) reported fourth-quarter and full-year 2016 earnings after markets closed Tuesday. For the quarter, the gold miner posted adjusted earnings per share (EPS) of $0.25 on revenues ...
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FCX - Grasberg Mine

Freeport-McMoRan Lowers Production Estimates After Failing to Reach Grasberg Deal

Freeport-McMoRan Inc.'s (NYSE: FCX) PT Freeport-Indonesia (PT-FI) subsidiary has failed to reach an agreement with the government of Indonesia regarding the termination of Freeport's contract and conversion of the contract to ...
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molten steel

Trump Border Tax Could Be Huge for These 4 Top Steel Stocks

While the debate over any sort of taxes that are actually tariffs on foreign goods coming into the country will continue to rage, one thing has become pretty evident. In ...
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gold vein

Did Northern Dynasty’s Gold Rush Just Get Burned?

Investors have an on-and-off love affair with gold. True gold bugs generally prefer investing in the shiny yellow metal rather than in miners, but the more speculative investors will venture ...
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molten steel

Is Cliffs Natural Resources Finally No Longer Drowning In Debt?

Cliffs Natural Resources Inc. (NYSE: CLF) has recovered massively from the lows of 2016. It has also managed to stay afloat during a period of time when many investors may ...
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gold bars

World Famous Investor Buying Gold Again: 4 Top Stocks for Investors

While following what some of the world's greatest investors are doing is not always a guarantee of success, one thing is for sure: they didn’t get there as a result ...
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FCX - Grasberg Mine

Freeport-McMoRan Shares Sink on Grasberg Mine Update

Gold and copper miner Freeport-McMoRan Inc.'s (NYSE: FCX) troubles in Indonesia started in 2014 when its initial contract of work at the Grasberg mine was completed. Since then, the company ...
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gold bars

Gold Demand Jumps to 3-Year High, Russia and China Central Banks Are Buyers

Gold demand popped 4,308.7 tonnes in 2016, up 2% to a three-year high. The primary engine of the growth was exchange-traded funds (ETFs). However, several central banks increased purchases. These ...
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Money

Meet the New Gold ETF, Designed to Mitigate a Strong Dollar

Gold bugs have yet one more tool to add to their toolbox. The New York Stock Exchange welcomed officials of the World Gold Council and State Street Global Advisors on ...
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burning cash

Freeport-McMoRan Misses on Both Top and Bottom Lines

Freeport-McMoRan Inc. (NYSE: FCX) reported its fourth-quarter financial results before the markets opened on Wednesday. The company said that it had $0.25 in earnings per share (EPS) and $4.38 billion ...
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spraying soybeans

Cowen Upgrades 4 Fertilizer & Potash Leaders

Analysts adjusting their ratings or price targets can have a significant impact on a stock, even if the upgrade or downgrade is only a nudge. Cowen issued upgrades for a ...
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gold bars

World’s 10 Top Producing Gold Mines

From a peak of more than $1,900 in mid-2011, gold prices dropped below $1,100 in 2015 before rising to around $1,400 last summer. On Friday, the February delivery price settled at ...
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Gold Mine

Why Credit Suisse’s Top Metals & Mining Picks Have 30% to 40% Upside

A new Credit Suisse report takes a positive stance on some key players in the metal and mining industries. Overall the firm sees improving apparent demand trends, accelerating global growth, ...
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gold bars

Why Gold Demand Could Remain Quite Strong in 2017

Gold enjoyed a stellar return in 2016. What was so unusual about the gain is that at the end of December 2015 and at the start of the following January, ...
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