Potash Prices Tumble, Demand to Rise
Uralkali, the Russian half of the former Belarusian Potash cartel, said that its export price for potash had fallen 27% to $272 per metric ton (tonne) in the third quarter.
Commodities & Metals
All Commodities & Metals Articles
Newest first · Page 52Why 2014 Could Be a Win for Some Metals and Mining Leaders
ThinkstockCommodity prices took a sharp downward turn in 2013, but the good news appears to be that it will not get any worse in 2014. According a recent report, analysts at Moody’s Investors Service…
Court Issues Favorable Ruling on Pacific Booker Mine, Shares Zoom Up
ThinkstockThe Supreme Court of British Columbia issued a ruling late on Monday on a challenge by Pacific Booker Minerals Inc. (NYSEMKT: PBM) to an earlier ruling by the provincial government that denied the mining…
Out of Seven Coal Miners, Only CONSOL Shines
Thinkstock Can the U.S. coal mining industry in be saved? The forces arrayed against coal are formidable: environmental groups hate the stuff, the U.S. Environmental Protection Agency (EPA) has proposed rules that effectively eliminate the…
Mosaic Buyback: No Good Deed Goes Unpunished
ThinkstockMosaic Co. (NYSE: MOS) should probably be getting rewarded on news that it has reached an agreement to repurchase the remaining common shares held by the Margaret A. Cargill Foundation and the Anne Ray…
Is There a Best Gold Mining Stock for 2014?
ThinkstockThe yellow metal has lost about 30% of its value over the past year, from a high of nearly $1,700 an ounce to right around $1,200 an ounce. The companies that mine gold have…
Barrick Gold Chairman Bows Out, but Company’s Troubles Remain
ThinkstockThe 86-year old founder and chairman of Barrick Gold Corp. (NYSE: ABX), Peter Munk, will step down from his position as chairman of the company’s board of directors at the company’s 2014 annual meeting…
Virtual Currency vs. Metal: Will Bitcoin Outperform Gold Again in 2014?
Wikimedia CommonsThe craze behind Bitcoin has been monumental. Some might even call it silly. In some ways, Bitcoin is acting just like gold did, but on steroids. Investors and speculators wanting an alternative currency…
Rio Tinto Announces Debt Reduction Plans
London-based mining giant Rio Tinto said Tuesday that it plans slash its capital expenditure budget from around $14 billion this year to $11 billion in 2014 and $8 billion in 2015.
The Gold Contrarian Bet, As Gold Bugs and Paulson Get Slaughtered
ThinkstockWhat happens when everyone hates an investment or when everyone likes an investment? A contrarian investor would say it is time to go the other way. Gold has gone from shinola to you know…
World Gold Demand Cannot Stop Falling Gold Prices
ThinkstockThe World Gold Council is out with its third-quarter gold demand trends. Despite soft gold prices, the council maintains that gold demand remains strong, even with many of the negative factors. The total supply…
Analyst See Small Cap Gold Stocks as Takeover Bait by Big Gold Producers
ThinkstockThe price of spot gold has been hammered over the past year. The top American gold producers have gone through waves of restructuring and cost cutting in an effort to squeeze out profits as…
Alcoa Turnaround Only Seems Ambitious
ThinkstockAt its annual investor day event Thursday, Alcoa Inc. (NYSE: AA) announced a new three-year plan to drive its revenues higher and cut its costs. The company noted that in the period 2010 to…
Molycorp Sales Trends Signal More Tough Times Ahead
Molycorp, Inc. (NYSE: MCP) is a company which manages to keep disappointing and punishing just about any shareholder who dares to listen. The only major rare earth materials company in the United States reported…
Jefferies Shows How to Profit from Gold
ThinkstockFor most of the past decade, gold was the place to be. A disastrous housing market collapse, terror attacks in the United States and a host of additional geopolitical issues pushed the price up…