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Posts related to ‘Metals’

Coal Miners Face Years of Low Prices, Problems

Billionaire Wilbur Ross, who founded International Coal Group in 2005 and sold the company to Arch Coal Inc. (NYSE: ACI) last year for $3.4 billion, told Bloomberg News that current ...
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China Plans Spot Trading Desk for Rare Earth Minerals

Led by the country’s largest producer of rare earth minerals, China is reported to be preparing the launch of a spot trading platform for rare earth minerals on August 8th. ...
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It Stinks To Be A Gold Miner (GG, GDX, ABX, NEM, AU, GLD)

It is often a wonder why some investors would want to own a gold mining stock if they want to invest in the upside of gold.  The rewards can be ...
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Rare Earths Turnaround: China Could Become Net Importer in Two Years

The current slump in prices for rare earth minerals despite a Chinese curb on exports could turn around in a couple of years if the Chinese succeed in developing their ...
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Avalon Rare Metals Increases Estimate on Canadian Deposit — Stock Falls Anyway

Rare earths miner Avalon Rare Metals Inc. (NYSEMKT: AVL) today reported the results of a resource estimate for its Nechalacho Deposit in Canada’s Northwest Territories. The report shows a Measured ...
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Alcoa Shows Mixed Earnings Bag

Alcoa Inc, (NYSE: AA) has managed to meet its earnings expectations... or did it? The earnings report matters here because many investors try to use Alcoa as a predicting mechanism.  ...
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Analysts Can’t Abandon Molycorp Ship Fast Enough

Rare earth minerals miner Molycorp Inc. (NYSE: MCP) held its IPO just less than two years ago, in late July 2010, at an offering price of $14/share, below the anticipated ...
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Patriot Coal Rides the Rocket Again — Short Covering?

Coal miner Patriot Coal Corp. (NYSE: PCX) continues to skyrocket again today, taking up where it left off on Tuesday when the shares gained more than 32%. The stock is ...
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Coal Stocks Soar — Good News from Europe, Not China!

Shares of Patriot Coal Corp. (NYSE: PCX) are up nearly 30% today and other coal companies are tagging along. James River Coal Co. (NASDAQ: JRCC) is up almost 9.5%, Arch ...
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Pan Am Silver’s Argentina Mine Threatened by New Regs

The Argentinian province of Chubut has proposed a new law regulating future mining operations that could force Pan American Silver Corp. (NASDAQ: PAAS) to cease development of its Navidad project. ...
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Gold, Oil Rising on Weak Dollar — and Something Else (USO, UGA, GLD, IAU, GDXJ, GDX)

We’ve already posted our opinions on the agreement which is expected to create a TARP-style program to prop up Europe’s weak banks. In our view, the proposal is not big ...
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A Healthcare Surprise? Gold Drops, Silver Hits 52-Week Low (GLD, SLV, SLW, GDX)

The financial world has been waiting for the decision from the United States Supreme Court on Obamacare and the reaction depends upon which sector and asset class you are following.  ...
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Glencore, Xstrata Merger on the Rocks (GLCNF, XSRAY, BHP, VALE, RIO)

The announcement last February that Glencore International AG (OTC: GLCNF) would acquire mining giant Xstrata plc (OTC: XSRAY) has always faced one very big problem: just 17% of Xstrata shareholders ...
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Coal Stands to Lose Even More Following Court Ruling (PCX, ANR, ACI, BTU, JRCC, WLT, CNX, CLD, KOL)

An appeals court in the District of Columbia has ruled that the US Environmental Protection Agency was “unambiguously correct” in taking steps to set limits on greenhouse gas emissions. The ...
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Substitutes for Rare Earth Minerals Under Development (MCP, AVL, REE, REMX, GM, TM, PHG)

Given the relative scarcity and high cost of rare earth minerals, it’s only natural that companies that currently depend on the stuff would search for substitutes. And if anything is ...
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