The coal sector may not yet have found a bottom, or at least the prior gains from the bottom may be short-lived. That is the word from Bank of America/Merrill Lynch this morning as…
The move in silver has been amazing, but something else has been even more amazing. Silver miners have selectively moved in a manner much more than the metal itself. The move in the Global…
Facing a deadline of Monday from the U.K.’s Takeover Panel, Xstrata plc was expected to announce today its decision on whether or not to accept the sweetened offer from commodities trading powerhouse Glencore International…
Ben Bernanke and the Federal Reserve may be less worried about inflation than they are the growth and employment picture now, but our Canadian friends up north seem to have little to worry about…
Genetically modified foods have long been the source of controversy, but a study by University of Caen released in Food & Chemical Toxicology may have the world of GMO foods and seeds up in arms.…
Shipwreck recovery firm Odyssey Marine Exploration Inc. (NASDAQ: OMEX) announced today that it has received approval and contracts for salvage from ship owners to recover sunken commodity shipwreck cargoes that could be worth more…
Yesterday’s announcement of mine closures and production cutbacks at Alpha Natural Resources Inc. (NYSE: ANR) pushed the coal miner’s shares down about 3%. Fallout from that announcement is weighing on the shares again today.…
Gold had hit yet a new six-month high of $1,779.10 per ounce in early bird trading today after the Bank of Japan decided to ease via an expanded asset purchase plan. The theory is…
Platinum is taking a very serious, and likely long overdue, breather this Tuesday. Reuters has reported that the highly troubled mine under Lonmin in South Africa is going to have its workers return to…
When India’s Mittal Steel company bought Belgian-based Arcelor in 2006, the idea was that the newly christened ArcelorMittal (NYSE: MT) would tie up the high-quality western European steel business with Mittal’s extensive markets in…
Yesterday’s FOMC decision to provide more stimulus for the U.S. economy pushed stocks higher in every sector. The energy sector has done better than most as investors believe that economic growth will increase the…
The announcement of QE3 is not bringing a “sell the news” reaction at all when it comes to the metals market. Gold is surging, but The Devil’s Metal of silver is significantly outperforming gold. What…
A report that the Chinese government is about to reduce the number of licensed rare earth miners in the country by 40% has given North American-based miners a nice boost today. The report is…
The U.S. Department of Agriculture (USDA) now estimates that the U.S. corn crop will fall by another 100 million bushels below the estimate provided just a month ago, to 10.7 billion bushels, the lowest…
If you were just focused on the poor earnings report from Titan Machinery, Inc. (NASDAQ: TITN) in agricultural equipment sales this week, the report may be a one-off item. Still, the news was bad…