Meet the New $1 Billion Banana Empire
Ask yourself one question: How much should a banana empire be worth? It is a very legitimate question, and the answer is simply "less than you might think." News broke on Monday that Chiquita…
Commodities & Metals
All Commodities & Metals Articles
Newest first · Page 49Copper Gets Roughed Up by Chinese Export Data
ThinkstockThe weekend report that Chinese exports fell by 18.1% in February had a definite impact on equities trading in Asia overnight. Commodities also took their lumps, and the one getting beaten up the most…
Analysts Fight Over Coal Stocks: Low Downside, High Upside
ThinkstockFriday brought about a big drop in the coal miners. Alpha Natural Resources Inc. (NYSE: ANR) tanked after Goldman Sachs downgraded the coal player from an already cautious Neutral rating down to a Sell…
Rio Tinto Speculation Boosts Turquoise Hill Prospects
Mining giant Rio Tinto already owns 50.8% of Turquoise Hill Resources, and speculation that Rio Tinto will buy the other 49.2% has boosted Turquoise Hill's share price by nearly 13%.
Goldman Sachs Slams Coal in Downgrade
Coal investors are getting coal put in their stockings early in 2014. Alpha Natural Resources is having a very rough end to its week as a result due to a nasty downgrade from Goldman…
Odyssey Marine Scores on SS Central America Shipwreck
Odyssey Marine Exploration is the winner from yet another shipwreck salvage. It was awarded the exclusive contract to conduct an archaeological excavation and recover the remaining valuable cargo from the SS Central America shipwreck.
Alpha Natural Resources Hit With EPA Fine; Must Upgrade Wastewater Systems
ThinkstockCoal miner Alpha Natural Resources Inc. (NYSE: ANR) has reached an consent decree with the U.S. Environmental Protection Agency under which the company will spend approximately $200 million to install and operate wastewater treatment…
Uranium Enrichment Company Files for Bankruptcy, Stock Collapses
USEC has struggled for years as it has tried to get its new U.S. uranium enrichment project funded and under construction. It filed a voluntary petition Wednesday morning for a reorganization under Chapter 11…
Stocks, Commodities Recover on Tuesday
After sliding as much as 1% on Monday, equity futures are pointing to a comeback on Tuesday following the news that Russian President Vladimir Putin has ordered troops in western Russia to return home…
Molycorp Continues to Post Losses, Lower Revenues
ThinkstockMolycorp Inc. (NYSE: MCP) reported fourth quarter and full-year 2013 results after markets closed Monday. The rare earths miner posted an adjusted diluted loss of $0.28 per share on revenues of $123.81 million. For…
Tensions in Ukraine Raise Commodity Prices
ThinkstockOil and gold were not the only commodities to trade at higher prices Monday. Agricultural commodities, too, are getting even bigger boosts from the troubles in Ukraine. During the Soviet era, Ukraine was often…
Freeport, Newmont Could Be Winning Copper Dispute in Indonesia
ThinkstockThe government of Indonesia in January banned the export of all raw materials and then introduced an escalating export tax of 20% to 25% on copper concentrate sent out of the country. The tax…
Gold Miner Northern Dynasty’s Stock Hammered by EPA Action
ThinkstockShares in junior gold miner Northern Dynasty Minerals Ltd. (NYSEMKT: NAK) got slammed late on Friday following an announcement by the U.S. Environmental Protection Agency (EPA) that the agency is beginning a review of…
Burping and Farting Cows Release More Methane Than You Think
ThinkstockIt’s been known for a long time that livestock, primarily cows, pigs and sheep, emit a lot of pollutants into the atmosphere. Just last week, a build-up of methane in a barn in Germany…
Farm Prices Rise, Consumers Paying More for Milk, Beef
ThinkstockThe U.S. Department of Agriculture (USDA) released its preliminary report on February farm prices Friday afternoon. The all-products price index rose by 7 points month-over-month (7.1%) to 106, with the crop index up 4%…