thinkstockArcher Daniels Midland Co. (NYSE: ADM) reported second-quarter fiscal 2013 earnings this morning. The agribusiness giant posted adjusted diluted earnings per share (EPS) of $0.60 on revenues of $24.92 billion. In the same period…
ThinkstockThe Comex April gold price has risen more than $5 today and is currently trading at $1,676.00 an ounce. Last week’s poor showing for fourth quarter U.S. GDP growth has pushed the yellow metal…
ThinkstockRandgold Resources Ltd. (NASDAQ: GOLD) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the junior gold mining company posted diluted earnings per share (EPS) of $1.32 on revenues…
ThinkstockThe U.S. Department of Agriculture reported today that January agricultural product prices received by farmers rose 9% in January compared with December prices. Prices were 15% higher than in January 2012. The prices paid…
ThinkstockThe World Gold Council has issued its new report for 2013 and reviewing 2012 on gold, and it offers some great and perhaps stunning insight if you read through the reports and consider some of…
ThinkstockEverything about the mining industry is big, so it should come as no surprise that when things don’t work out as planned, the mistakes are big too. Two mining CEOs have lost their jobs…
ThinkstockPeabody Energy Corp. (NYSE: BTU) reported fourth quarter and full-year 2012 results yesterday that were objectively awful, but not bad in context. At least that’s what everyone thought yesterday when the company’s shares jumped…
ThinkstockThree U.S. steelmakers reported earnings before markets opened this morning. AK Steel Holding Corp. (NYSE: AKS), United States Steel Corp. (NYSE: X) and Nucor Corp. (NYSE: NUE). Given all the recent bad news about…
ThinkstockIron ore miner Cliffs Natural Resources Inc. (NYSE: CLF) said this morning that it would take a $1.4 billion non-cash impairment charge related to several of its mining operations in Canada. The largest piece…
ThinkstockCSX Corp. (NYSE: CSX) has some somber words for the U.S. coal sector, despite what has been a handy recovery in the share prices of many of the sector leaders. The rail transportation giant is…
ThinkstockForest products company Boise Cascade Co. (NYSE: BCC) will launch an initial public offering (IPO) today. About 11.8 million shares will be offered with an estimated price range of $16 to $18 a share.…
ThinkstockMolycorp Inc. (NYSE: MCP) may have had some serious problems of late, but now the company is raising new capital and the move is adding pressure on the stock as this will be dilutive…
ThinkstockPlatinum prices jumped last week following an announcement from Anglo American plc that it would shut down several of its South African mines, ultimately removing about 400,000 ounces of the white metal from global…
ThinkstockFreeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported fourth quarter and full-year 2012 results before markets opened this morning. The mining company posted diluted quarterly earnings per share (EPS) of $0.78 on revenues of…
ThinkstockA second initial public offering (IPO) went off this morning: SunCoke Energy Partners LP (NYSE: SXCP). The master limited partnership’s (MLP) common units went out at $19, the low end of the prospective range…