Articles in Commodities

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Market Chatter: Gold Gains for Second Day as Equities Decline, Demand Rebounds

"Gold advanced for a second day as global equities declined and on signs that physical demand is rebounding," Bloomberg reported. It said: "Prices fell to a two-year low... Read >>

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Analyst Actions: Credit Suisse On Electric Utilities; Downgrades Pepco Holdings

Credit Suisse says: "The Utility Valuation Question Again...Could 20x be the new 17x and Other Issues; DOWNGRADING Pepco Holdings ( POM ) to UNDERPERFORM (from Neutral); Revising Ests... Read >>

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UPDATE: ECOTality Shares up 14%, Hits New 52-Week Top As Earnings Momentum Continues; Early On Looked Like It Mightn't

After some indecision in early dealings, the market has decided to continue celebrating ECOtality's ( ECTY ) Q4 earnings report released Monday, as shares have ascended to a new 52-week zenith... Read >>

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Market Chatter: Crude Tumbles as U.S. Output Climbs to Two-Decade High

"West Texas Intermediate oil tumbled for the fourth time in five days as U.S. production rose to the highest level in two decades last week and U.S. equities fell," Bloomberg reported. ... Read >>

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Sierra Metals Reports First Proven and Probable Ore Reserves at Bolivar Mine

Sierra Metals Inc. (SMT.V) announced that a pre-feasibility study has been completed by Gustavson Associates, LLC of Lakewood, Colorado, for its Bolivar copper-zinc-silver mine located... Read >>

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UPDATE: ABE Resources and IMX Resources Form JV on St. Stephen Project; ABE Down to Near Yr Low

ABE Resources Inc. (ABE.V) formerly Abitex Resources Inc., today announced that IMX Resources of Perth, Australia has exercised its right to acquire a 50% interest in the St. Stephen... Read >>

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UPDATE: Argex to establish Research & Development Centre in Valleyfield; Shares Down 3% Late Morning

Argex Titanium Inc. (RGX.V) today announced the establishment of a fully comprehensive Research and Development Centre at its recently announced facility in... Read >>

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UPDATE: Canadian Energy Services Closes Offering of $225 Mln Senior Unsecured Notes; Shares Down 1.7% Late Morning

Canadian Energy Services & Technology Corp. (CEU.TO) has completed its previously announced private offering of $225.0 million aggregate principal amount of 7.375% senior unsecured... Read >>

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Analyst Actions: Labrador Iron Ore Royalty Corp. Estimates Lowered

Labrador Iron Ore Royalty Corp. (LIF.TO) NEUTRAL N. Littlewood CP: C$ 32.17 TP: C$ 33 CAP: C$ 2b 1 416 352 4585 MarQ13 shipping weak for IOC, but production OK; Lowering 2013 Estimates ... Read >>

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Petaquilla Reports Feb Quarter Results; Revenue, Income Increase, But Shares Fall 5%

Petaquilla Minerals Ltd. (PTQ.TO) today announced its third quarter operating and financial results for its Molejon gold mine located in Panama. PTQ reported a 46% increase in revenue for the... Read >>