Commodities & Metals

All Commodities & Metals Articles

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Glencore’s CEO Weighs In on Mining’s Future

ThinkstockWe have already covered the sea change that is washing over the mining industry. Where past practice has been to invest heavily in new assets with the strategy that growth was assured, massive mining…

Paul Ausick · 14 years ago

Miners Looking for More Gold — on Wall St.

ThinkstockWithout going through all the changes in the top management of the world’s largest mining companies, there is one thing that stands about virtually all of these changes: putting more focus on investors and…

Paul Ausick · 14 years ago

Mining Call: Three to Five Year Challenges Awaiting New CEOs

ThinkstockInvestors of BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE: RIO) have taken a beating along with many other mining investors in recent days. There is an interesting multi-year outlook piece around new CEOs and the…

Jon C. Ogg · 14 years ago

Gold Chart Death Cross: Recent Lessons From Apple

ThinkstockApple Inc. (NASDAQ: AAPL) may have been the greatest stock to participate in from 2003 to 20012. Rising from the equivalent of under $10 to $700. The shiny yellow metal of gold may not…

Jon C. Ogg · 14 years ago

Gold Sell-Off Brings in China and Bargain Hunters

ThinkstockGold and precious metals investors will want to pay attention to the tape of late for gold prices. ETF Securities, which manages the ETFS Physical Swiss Gold Shares (NYSEMKT: SGOL), has released its weekly outlook…

Jon C. Ogg · 14 years ago

Central Banks Buy the Most Gold Since 1964

ThinkstockWorldwide gold demand in 2012 was another record high of $236.4 billion in the World Gold Council’s latest report. This was up 6% in value terms in the fourth quarter to $66.2 billion, the…

Jon C. Ogg · 14 years ago

Barrick Posts Big Net Loss Due to $4 Billion Write-Down

ThinkstockBarrick Gold Corp. (NYSE: ABX) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the gold miner posted adjusted earnings per share (EPS) of $1.11 on revenues of $4.19…

Paul Ausick · 14 years ago

Deere Crushes Estimates, Guidance Is Cautious

ThinkstockDeere & Co. (NYSE: DE) reported first-quarter fiscal 2013 results before markets opened this morning. The farm and heavy equipment maker posted adjusted diluted earnings per share (EPS) of $1.65 on revenues of $7.42…

Paul Ausick · 14 years ago

Bunge Shares Drop After Poor Earnings

ThinkstockBunge Ltd. (NYSE: BG) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the agribusiness giant posted adjusted diluted earnings per share (EPS) of $0.57 on revenues of $17.04…

Paul Ausick · 14 years ago

European Natural Gas Trading Gains Some Transparency

thinkstockIn the wake of the rate-rigging scandal with Libor rates, the G20 group of nations has been trying to reform the way benchmark prices are set in the energy business. Last September, a multinational…

Paul Ausick · 14 years ago

Lower Platinum Supply, Higher Prices in Store

ThinkstockThe price of platinum is expected to average about $1,770 an ounce in 2013, its highest price since 2011. The price spike is due almost entirely to the closure of several mines in South…

Paul Ausick · 14 years ago