Commodities & Metals

Could There Be More Merger Action in the World’s Gold Fields?

Monday's announced merger between Barrick Gold Corp. (NYSE: ABX) and Randgold Resources Ltd. (NASDAQ: GOLD) emphasized the quality of the merged company's reserves, the further reduction in costs and shareholder ...
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Is There Gold in the Merger of Barrick, Randgold?

Barrick Gold Corp. (NYSE: ABX), the world's largest gold mining firm measured by production, and Randgold Resources Ltd. (NASDAQ: GOLD) announced Monday morning that the two firms will merge in ...
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Why Central Bank Gold Buying Just Isn’t Enough for Gold Bugs in 2018

Gold historically has been a major store of value for nations, individuals and other entities. And the reasons that gold is purchased vary wildly from source to source. What is ...
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Zekelman Industries Closes in on IPO

Zekelman Industries has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company intends to price its 41.75 million ...
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Gold Sucks, but Is There Really This Much Value in Gold Stocks?

It's been a rough ride for gold. Traders and speculators have spent 2018 dumping gold as interest rates have risen. After all, gold won't ever pay interest or dividends. Some ...
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Zekelman Gears Up for IPO

Zekelman Industries has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, although ...
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Gold Prices Slide on Stronger Dollar

It's been a tough year so far for gold. The yellow metal has dropped about $250 an ounce since the beginning of the year, or about 10%. Gold last closed ...
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Capital Flows Headed in Wrong Direction for Gold ETFs

Holdings in global gold-backed exchange traded funds (ETFs) and similar products dropped by 39 metric tons (tonnes) in assets under management (AUM) in July, according to the latest data from ...
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Despite Trade Worries, Analyst Sees Steel Industry Earnings Surging: 5 Stocks to Buy

It has probably been the most discussed economic and political story of 2018, and it is one that probably will stay front and center for some time. After years of ...
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Gold and Precious Metals Moving Toward Lows of the Year

Gold has had a rough 2018. Despite some of the international trade worries and international suspense, the reality is that most investors are just not looking for the "ultimate safety ...
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Freeport-McMoRan Begins Transfer of Copper Mine to Indonesia

Copper and gold mining giant Freeport-McMoRan Inc. (NYSE: FCX) has taken the first step in transferring control of its massive Grasberg copper mine to the Indonesian government. The company has ...
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Despite Trade Issues, Deutsche Bank Very Positive on 5 Top Steel Stocks

It probably has been the most discussed economic and political story of 2018, and it is one likely to stay front and center for some time. After years of huge ...
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Why Goldman Sachs Is Pounding the Table for Investors to Buy Commodities for the Rest of 2018

If there is one brokerage and investment banking firm whose views can influence investors' decisions about issues large and small, Goldman Sachs likely fits that bill. After all, its focus ...
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Jefferies Says Buy Mining and Commodities Stocks on Trade Policy Worries

It was inevitable. Concern over the potential for a massive trade war, especially with China, has dented some of the top stocks in the sectors that do some of the ...
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If Tariffs Are So Bad Why Are Steel Stocks Still Red Hot?

Needless to say, nobody likes to see tariffs imposed anywhere, and despite the all the rhetoric about the president's actions, the fact of the matter is foreign countries have taken ...
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