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…
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…
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 spin-off the…
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…
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. …
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 retire from the…
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…
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 ETFS…
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 viability. The company primarily mines silver,…
It has been impossible to ignore the sideways trading pattern in gold of late. Despite a 1.5% move up on Tuesday, gold bugs, traders, and investors in the SPDR Gold Shares (NYSE: GLD), iShares…
Stillwater Mining Co. (NYSE: SWC) has seen a large run this year due to it being a miner in platinum and palladium. It has also gotten back up close to multi-year highs before a…
The board of directors of Massey Energy Co. (NYSE: MEE) are meeting this week to decide on the company’s next step following a report in mid-October that it was “exploring strategic alternatives, including a…
Potash Corp. of Saskatchewan (NYSE: POT) may have seen its shares surge on a buyout offer from BHP Billiton plc (NYSE: BHP), but there is other merger that is standing out in the sector.…