Commodities & Metals - Page 2

Mountain top coal mine

Metals and Mining Suffer Worst Stretch Since 1990s: Is a Turnaround Imminent?

After a tremendous super-cycle run just after the turn of the century, the top metals and mining stocks have been absolutely eviscerated over the past four years. In fact, if ...
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Gold and Silver

Credit Suisse Shines On Goldcorp

Credit Suisse upgraded its rating of Goldcorp Inc. (NYSE: GG) to Outperform from Neutral. This upgrade reflects a sentiment of increasing by-product prices, and cash flow relative to other senior ...
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Open pit mine

Miners Sink as Gold Edges Toward Yearly Low

The Comex December gold contract was down 0.6% Friday morning at around $1,220 an ounce, on a slide that began in mid-July when the price was about $1,350. The 52-week ...
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coal train

Coal Miner Peabody at 10-Year Low, Drags Down Other Miners

It is too bad that U.S. coal companies can’t convince Apple to put a little coal in each iPhone the company sells. That may be the only thing that could ...
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Pouring molten steel

Alcoa Raises Capital to Pay for Firth Rixson Acquisition

Alcoa Inc. (NYSE: AA) is raising new capital to help the company pay for its previously announced acquisition of the Firth Rixson business and to pay related fees and expenses. ...
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coal train

Why China’s Insatiable Appetite for Coal Has Likely Peaked

By Nick Cunningham of Oilprice.com A recent report from Greenpeace found that China's coal consumption declined in the first half of this year and new Chinese government data suggests that ...
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coal

SinoCoking: From Cheers to Reality Check

SinoCoking Coal and Coke Chemical Industries Inc. (NASDAQ: SCOK) is far from your normal company covered be major media, and that makes its wild share price move that much more ...
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gold bars

RBC’s 4 Gold Stocks to Buy With Potential Upside of 40% or More

Gold continues to be a vexing stock investment for many because of the potential versus the reality. Many investors realize that inflation is a looming issue, especially as economies start ...
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Cows

Record-High Meat Prices for U.S. Consumers

The U.S. Department of Agriculture (USDA) released its preliminary report on August farm prices Thursday afternoon. The all-products price index was unchanged month-over-month at 109, with the crop index down ...
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Open pit mine

Unlikely Bedfellows: Mines That Run on Solar or Wind Power

By Andrew Topf of Oilprice.com Mining companies are often seen as dinosaurs when it comes to making changes that will benefit the environment, but that perception may be shifting as ...
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Silver

Silver Wheaton, Pan American Hammered by Low Silver and Gold Prices

Silver futures traded at around $19.85 on Wednesday afternoon, down from their 52-week high of $25.11 and not much above the 52-week low of $18.65. Low prices coupled with still-high ...
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gold bars

Oppenheimer Has Gold Miners as a Top Trade Idea

If any asset class has disappointed investors over the last three years, it has been gold. Many on Wall Street are just now starting to reexamine gold for investors' portfolios. ...
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Gold bars

Barrick Gold, After Goldman Sachs Upgrade and With or Without Newmont

Barrick Gold Corporation (NYSE: ABX) was added to the prized Conviction Buy List at Goldman Sachs on Friday. While the rating was already a "Buy" with a $21 price target, ...
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coal train

Alpha Natural Earnings (or Loss): When Less Bad Looks Wonderful

Alpha Natural Resources Inc. (NYSE: ANR) beat earnings by $0.19 and beat on revenues, and it maintained its 2014 shipments guidance for eastern metallurgical and eastern steam coals. For second-quarter ...
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close-up of red hot iron beams

Why Analysts Keep Upgrading U.S. Steel After Earnings

United States Steel Corp. (NYSE: X), or U.S. Steel, has sure seen a reversal of fortune in the past week or so. Three different analyst upgrades have now driven shares ...
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