Commodities & Metals - Page 2

mining

From Aluminum to Zinc, China Devaluation Hurts Metals Miners

The 2% devaluation of the renminbi (yuan), announced early Tuesday morning by the People’s Bank of China, is playing havoc with commodity prices and, as we might expect, commodity producers. ...
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gold bars nuggets

The 5 Nations Still Buying Gold for Their Central Banks

It is no secret that gold has been pounded in recent weeks. Forget about the old highs and hopes of gold going above $2,000 per ounce. Now gold bugs have ...
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gold bars nuggets

Will a Dividend Cut and More Asset Sales Turn Barrick Around?

Barrick Gold Corp. (NYSE: ABX) reported second-quarter 2015 earnings after markets closed Wednesday. The gold miner posted adjusted earnings per share (EPS) of $0.05 on revenues of $2.23 billion. In ...
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Gold bars

What to Expect From Barrick Gold Earnings

Barrick Gold Corp. (NYSE: ABX) reports second-quarter results Wednesday morning and the gold miner is expected to post earnings per share (EPS) of $0.05 on revenues of $2.23 billion. In ...
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old mining hardhat with head light

Coal Stocks Pummeled by EPA Clean Air Rules

When the U.S. Environmental Protection Agency (EPA) published its Clean Power Plan on Monday, the agency focused on a 32% cut from 2005 levels of U.S. carbon emissions by 2030. ...
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coal train

Alpha Natural Resources Surprises No One With Bankruptcy Filing

In a move that took no one by surprise, Alpha Natural Resources filed for Chapter 11 bankruptcy protection Monday morning. The company, which traded on the New York Stock Exchange ...
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coal

Peabody Energy Stock Makes a Run After Awful Earnings

When Peabody Energy Corp. (NYSE: BTU) reported second-quarter results Tuesday morning, the per share loss was worse than expected and total sales came in lower than expected. But the company ...
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Steel

Is the AK Steel Turnaround Finally Coming to Fruition?

Being in the metals industry is currently not an easy gig. Profitability and demand just are not cooperating. The good news is that AK Steel Holding Corporation (NYSE: AKS) has ...
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coal train

CONSOL Energy Takes Massive Impairment Charge, Posts Loss

CONSOL Energy Inc. (NYSE: CNX) reported second quarter 2015 results before markets opened Tuesday morning. The coal and natural gas producer reported quarterly an adjusted diluted loss of $0.37 and ...
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coal

What to Expect from CONSOL Energy Earnings

Coal and natural gas producer CONSOL Energy Inc. (NYSE: CNX) is scheduled to release second-quarter results before markets open on Tuesday morning. The consensus estimates call for earnings per share ...
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Pouring molten steel

What to Look For in AKS and US Steel Earnings

Before markets open on Tuesday morning, AKS Steel Holding Corp. (NYSE: AKS) is scheduled to report earnings and United States Steel Corp. (NYSE: X) is set to report after markets ...
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dollar

Could Cliffs Really Still Be Worth Twice as Much?

Whenever you hear someone issue a price target calling for a stock to double, or higher, it generally makes many investors turn their head. The more down to earth caveat ...
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gold bars

Why Gold May Withstand Higher Interest Rates and a Strong Dollar

The July breakdown in the price of gold feels like the end of the last bullish hopes for the gold bugs. Or is it? The World Gold Council (WGC) is ...
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gold bars

What to Expect From Newmont Mining Earnings

Gold miner Newmont Mining Corp. (NYSE: NEM) is scheduled to report second-quarter results before markets open on Wednesday. The consensus estimates call for earnings per share (EPS) of $0.26 on ...
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gold bars nuggets

Which Gold Stocks Will Survive Gold at 5-Year Lows

Is gold the new coal? Gold traded Monday morning at $1,103.60 per ounce, about $80 an ounce below its price of five years ago. That is about 6.7% lower. Thermal ...
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