Articles in Commodities

MT Newswires

Red Crescent Signs Lease Agreement for Hakkari Zinc Mining Operations; Stocks Up 14% But Nearing Year Lows

Red Crescent Resources Limited (RCB.TO) said its initial focus has been to get the Hakkari Zinc mining operation to become a cash generating asset as quickly as possible. To enable this, the... Read >>

MT Newswires

Energy XXI Pops 3% on Operations Update, Joint Venture with Exxon Mobile; Exxon Near Year Highs

Energy XXI ( EXXI ) is up 3.0% at $36.00 after it provided an operations update and announced an asset purchase and exploration joint venture. The company said its first horizontal well, the... Read >>

MT Newswires

UPDATE: Riverstone Discovers New Mineralized Zone at Kao, Yet Shares Fall 3%

Riverstone Resources Inc. (RVS.V) reported results from 71 reverse circulation drill holes adjacent to the 100% owned Kao exploration permit. Dwayne L. Melrose, CEO, said: "We are very... Read >>

MT Newswires

Compass Gold Encounters Further Gold Mineralization from Exploration Program on Yanfolila Property, Southern Mali

Compass Gold Corporation (CVB.V), today announced that it has encountered further gold mineralization in an additional 15 holes drilled as a part of its diamond- and auger-drilling programs... Read >>

MT Newswires

UPDATE: Canadian Oil Sands Announces Mine Extension Project at Mildred Lake; Shares Down Slightly Late Morning

Canadian Oil Sands Limited (COSa.TO) announced today Syncrude will embark upon a mine extension project at its Mildred Lake mine. The MLX Project will leverage current investments in... Read >>

International Business Times

Oil prices higher to start the week

Over the weekend another sign emerged that supports the view that the Chinese economy is continuing to ease as the latest HSBC/Markit Economics PMI data came in at 49.8 for September versus a... Read >>

MT Newswires

CVR Energy Spikes 10%, Off New Year High; Subsidiary Files Proposed IPO

CVR Energy, Inc. ( CVI ) is up 9.9% at $40.38, but drifting off a new year high of $40.65 after announcing that its indirect, wholly owned subsidiary CVR Refining, LP has filed a registration... Read >>

MT Newswires

Bellatrix Exploration Provides Operational Update, Preliminary 2013 Guidance

Bellatrix Exploration Ltd. (BXE.TO) today provided an operational update and preliminary guidance for 2013. Bellatrix's field production at the end of September averaged approximately 18,500... Read >>

MT Newswires

Basic Energy Up 1%; Commences Private Offering of 7.125% Senior Notes Due 2016

Basic Energy Services, Inc. ( BAS ), a well site services company, is up 1.3% at $11.36 this morning after it commenced an offering, through a Rule 144A private placement, of up to $250 million... Read >>

Nathan Slaughter

Now's the Perfect Time to Invest in the Natural Gas Rally

Common sense dictates that whencommodity prices fall, there will be less financial incentive to dig stuff up. And when prices cross below levels where producers can turn aprofit , activity... Read >>