Articles in Commodities

MT Newswires

Oil Drops to Eight-Month Low on U.S. Retail Sales - report

6/13/2012, 3:10 pm from MT Newswires in Investing, Commodities

Oil fell to an eight-month low as equities declined after a report showed weakening U.S. retail sales and as euro-area industrial production dropped for a second month in April, Bloomberg… Read More

MT Newswires

Lake Shore Gold Sees 2012 Cost Savings; On Track to Achieve Key Production Targets

6/13/2012, 2:51 pm from MT Newswires in Investing, Commodities

Lake Shore Gold Corp. (LSG.TO) today announced plans to target a reduction in its 2012 capital spending program of $15 to $20 million while remaining on track to achieve its key… Read More

MT Newswires

Canadian Markets Moderately Higher Today, Paced by Financial, Mining Stocks

6/13/2012, 2:30 pm from MT Newswires in Investing, Commodities

Canadian stocks are higher this afternoon, led by financial and mining stocks. Most other industry sectors are little changed, although shares of energy companies are now off about 0.5%… Read More

MT Newswires

UPDATE: BonTerra Defines Gold Resource of 492,000 Ounces on Eastern Extension Property; Shares Turn Positive

6/13/2012, 2:15 pm from MT Newswires in Investing, Commodities

BonTerra Resources Inc.(BNE.TO) today announced the release of a National Instrument 43-101 compliant inferred resource estimate for its 100% owned Quebec gold property, the Eastern Extension. … Read More

MT Newswires

Energy Stocks, Crude Slightly Lower; Chesapeake Said Near Selecting New Independent Chairman

6/13/2012, 2:09 pm from MT Newswires in Investing, Commodities

Top Energy Stocks XOM -0.22% CVX +0.2% COP -0.66% SLB -0.9% OXY +0.05% Energy stocks are slightly lower this afternoon with the NYSE Energy Sector Index currently down 0.03% while the… Read More

MT Newswires

UPDATE: Gold Reach Drilling Progresses at Ootsa Project; Shares Shoot Past Yr High

6/13/2012, 2:05 pm from MT Newswires in Investing, Commodities

Gold Reach Resources (GRV.V) is at an all-time high of $1.29 with more than 376,000 shares being traded. The shares hit $1.30 earlier today. The company yesterday announced that drilling is… Read More

MT Newswires

First Uranium Gets Go-Ahead for Proposed Transactions with Anglogold Ashanti and Gold One

6/13/2012, 1:53 pm from MT Newswires in Investing, Commodities

First Uranium Corporation (FIU.TO) today announced that at a special meeting of the shareholders of FIU held earlier today, shareholders voted overwhelmingly in favour of the… Read More

International Business Times

Greek Pasta Sales Surge On Election, Grexit Fears

6/13/2012, 1:49 pm from International Business Times in Investing, Commodities

Greeks are stocking up on non-perishable staples like pasta on fears that Sunday's elections presage an end to the nation's euro zone participation and a return to the drachma, Reuters… Read More

MT Newswires

Sector Update: Energy

6/13/2012, 1:46 pm from MT Newswires in Investing, Commodities

Energy stocks are mixed this afternoon with the NYSE Energy Sector Index currently ahead 0.12% while the S&P Energy Index is down 0.23%. Crude oil for July delivery is down 14 cents… Read More

Benzinga

4 Commodity ETNs Traders Should Avoid (SGG, JO, GAZ)

6/13/2012, 1:33 pm from Benzinga in Investing, Commodities, Economy, ETFs, Futures

There has been ample chatter regarding the destruction of the "risk on" trade. Predictably, "risk off" has bolstered the fortunes of the U.S. dollar, a situation that will… Read More