ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in mining stocks. The…
ThinkstockShares of Barrick Gold Corp. (NYSE: ABX) and Silver Wheaton Corp. (NYSE: SLW) were halted shortly after noon today following a Chilean court ruling that blocks further work at Barrick’s Pascua-Lima mine. The project…
ThinkstockEver since the Chinese government began — or at least threatened to begin — imposing restrictions on new bank lending, the country’s businesses have had to get creative in order to get access to…
ThinkstockLast week Merrill Lynch hosted its 30th annual Metals and Mining conference in Barcelona Spain. While there was an overall positive tone at the conference, the big miners left investors more concerned with iron…
ThinkstockAlcoa Inc. (NYSE: AA) remains a top stock to watch for US investors because the company has managed to hold on to its DJIA component status, and because it is the first DJIA component…
ThinkstockIt was looking this morning as though gold could be ready test even new lower lows based on the trading tape action of late. Suddenly, a 2% gain in the price of gold may…
ThinkstockIn its weekly report issued yesterday, the Association of American Railroads (AAR) noted that rail carloads of petroleum rose 50.8% in the week, compared to the same week a year ago. For the year…
ThinkstockTwo days ago, officials of the European Commission (EC), the executive arm of the European Union, raided the offices of Royal Dutch Shell PLC (NYSE: RDS-A), BP PLC (NYSE: BP), Statoil ASA (NYSE: STO),and…
ThinkstockJust two weeks ago, the $76 billion merger was completed that created London-traded Glencore Xstrata. Today, shareholders shook up the company’s board of directors by booting chairman John Bond and another director. The company…
ThinkstockThe demand for gold jewelry, bars and coins rose sharply in the first quarter of 2013. However, overall demand was dented as investors fled ETFs, probably on concerns of a sharp drop in price,…
courtesy Deere & Co.Deere & Co. (NYSE: DE) reported second-quarter fiscal 2013 results before markets opened this morning. The farm and heavy equipment maker posted adjusted diluted earnings per share (EPS) of $2.76 on…
ThinkstockFor the year to date, the price of palladium has risen by a majestic 1.3%. That may sound paltry, but the metal’s performance beats its brother platinum, which has fallen in price by 4%;…
ThinkstockSouth Africa’s Anglo American Platinum Ltd. (known as Amplats), the world’s largest platinum miner and a division of Anglo American plc, said today that it plans to reduce production by 250,000 ounces this year…
ThinkstockMolycorp Inc. (NYSE: MCP) reported first quarter 2013 results after markets closed today. The rare earths miner posted an adjusted diluted loss of $0.15 per share on revenues of $146.4 million. For the first…
ThinkstockInflation problems continue to plague China, in large part because of the cost of food. That means one essential cut into discretionary income. And, in turn, the chances that China’s growth can be driven…