Turquoise Hill Resources announced Monday that the company received an audit report from the tax authority of Mongolia claiming the company owes unpaid taxes and penalties associated with the development of the Oyu Tolgoi…
ThinkstockChina’s shadow banking system has long depended on the use of stockpiles of commodity minerals in the country’s warehouses as collateral for loans that do not show up in China’s official lending statistics. Now…
AK Steel saw its shares surge Monday on news that Bank of America Merrill Lynch issued a crucial upgrade for the stock. One has to recall that steel has been challenged as a sector.
After hitting a peak of around $2.15 a pound in mid-April, coffee prices have moderated to around $1.70 a pound for arabica beans. So why did J.M. Smucker announce that it was raising its…
ThinkstockWith new Obama-led EPA rules for coal-powered electric utilities out, investors and traders have had yet one more reason to dump their coal stocks. The long and short of the matter is that coal…
ThinkstockGold is not having a good year again so far in 2014, and the recent trends from the World Gold Council seem to indicate that the old path to $2,000 gold is just not in…
Analysts at UBS attempted to look forward two to three years to assess whether there will be more bankruptcies in the coal sector. Four stocks hit their radar screens.
ThinkstockBig banks that once made big bucks in physical commodities markets are now looking to pull out of those markets as new rules regarding capital requirements for those physical holdings take effect. The Federal…
ThinkstockNow that gold has pulled back from a peak of around $1,900 per ounce to less than $1,300 per ounce, many of the gold bugs have disappeared. What is interesting is that the actual…
ThinkstockIndia is supposed to be back open for business. After Narendra Modi and the Bharatiya Janata Party won a majority, this is supposed to be solid for getting India back in business without protectionist policies…
ThinkstockAs of the end of trading on Tuesday, coffee closed on the ICE at about $1.84 a pound, down from a peak of around $2.12 in the middle of April. In early November, coffee…
ThinkstockCommodity metals are having a tough time lately. Investor enthusiasm for metals has fallen, and its only necessary look at the price of gold to see why. Equities are where investors want to be…
Shares of London-based mining company Rio Tinto got a boost in premarket trading in the U.S. Monday after an analyst upgrade of the mining sector that also helped lift stocks in European trading.
U.S. National Oceanic and Atmospheric AdministrationThe chance that an El Niño weather pattern will form in the Northern Hemisphere this summer has risen to 65%, according to forecasters at the National Weather Service’s Climate…
While the broad market is still within striking distance of all-time highs, Molycorp shares just hit all-time lows. Investors have to be worried (sorry, growing more worried) about Molycorp's future.