The price of gold topped 1,100 euros/ounce yesterday, its highest point ever against the single currency. The yellow metal is also threatening its US dollar peak, having risen to more than $1,550/ounce…
Copper prices have been on a steady upward march for about two weeks now, from around $4.06/pound to close at around $4.43/pound yesterday. China, the world’s top consumer of copper, gets credit…
One of the major caveats related to gold mining and gold prices has been the rising cost of production. Higher labor costs, higher energy costs, and lower grade ores have all contributed…
The big remaining question about copper prices is which direction they will take in the second half of this year. Most observers are bullish, but when the big question is broken down…
Ollanta Humala, a left-leaning nationalist, won nearly 51% of the vote in Sunday’s presidential election in Peru and will take office in late July. Humala has promised to raise royalty payments on…
Today’s commodities watch looks at a government-ordered suspension of mining concessions in Peru and the continuing worries over grain prices as US corn planting remains behind schedule and Russia gets set to…
Less than two weeks ago we were given an exclusive interview with Tom Winmill of the Midas Fund (NASDAQ: MIDSX). Winmill told us he believes that gold will reach $1,700/ounce in 2011 and…
Each weekend we review the issues of the week before and look to the calendar ahead to see which issues are going to stand out with news or events. We have identified…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Career Education Corporation (NASDAQ: CECO) Reiterated Buy at Argus. Check Point…
We have recently begun filtering out value stocks in a sector by sector screen ahead of earnings season. This latest batch is a commodities value screen, and we identified three clear value…
It is time for The Daily Dividend and today’s review is on yet another flurry of dividend hikes from key companies. Ingersoll-Rand Plc (NYSE: IR), Newmont Mining Corporation (NYSE: NEM), PNC Financial Services Group Inc.…
Time now for our daily look at commodity prices and news. Shareholders in Fronteer Gold Inc. (AMEX: FRG) have approved the company’s acquisition by Newmont Mining Corp. (NYSE: NEM) in a $2.32…
Jon C. Ogg Time now for our daily look at commodity prices and news. Copper prices rose to their highest level in nearly three weeks as the estimated cost to rebuild quake-devastated areas of Japan…
Gold has seen a major run-up even before the Middle East and North Africa strife. This has lent support to many gold mining stocks and gold royalty players as well along with…
Earnings are out for three large gold miners, and the reviews are mixed. Barrick Gold Corp. (NYSE: ABX), Kinross Gold Corp. (NYSE: KGC), and AngloGold Ashanti (NYSE: AU) have all reported fourth-quarter…
