Articles in Commodities

MT Newswires

Strategic Oil & Gas Closes Core Area Acquisition

12/28/2012, 11:19 am from MT Newswires in Investing, Commodities

Strategic Oil & Gas Ltd. (SOG.V) has closed its previously announced acquisition of certain assets in Strategic's core area at Steen River, Alberta, for cash consideration of… Read More

MT Newswires

Market Chatter: Canada's Oil Sands Continue to Face Challenges in 2013

12/28/2012, 11:16 am from MT Newswires in Investing, Commodities

Canada's oil sands will face unprecedented opportunities and massive challenges in 2013 as billions of dollars hang in the balance, the Financial Post reports. Limited access to foreign markets,… Read More

MT Newswires

UPDATE: Candax Reports Update on Ezzaouia Wells; Shares Drop Nearly 17% to Yr Low Late Morning

12/28/2012, 11:14 am from MT Newswires in Investing, Commodities

Candax Energy (CAX.TO) today announced a return to production on its Ezzaouia-1 well. Candax also announced a setback relating to its Ezzauoia-9 and Ezzaouia-17 wells. Following the previously… Read More

MT Newswires

Oil Pares Gain After U.S. Product Supply Increases: Report

12/28/2012, 11:10 am from MT Newswires in Investing, Commodities

Crude oil futures pared gains after the U.S. government reported increases in supplies of gasoline and distillate fuels, Bloomberg reported. Gasoline inventories rose 3.78 million barrels to… Read More

MT Newswires

Gold Declines on Stronger Dollar: Report

12/28/2012, 10:43 am from MT Newswires in Investing, Commodities

Gold futures declined for the first time in three days as a stronger dollar curbed demand for the metal as an alternative investment, Bloomberg reported. The dollar rose to a two-week high… Read More

MT Newswires

High Desert Gold Completes $3.6M Private Placement Financings

12/28/2012, 10:37 am from MT Newswires in Investing, Commodities

High Desert Gold Corporation (HDG.V) has closed two non-brokered private placements for gross proceeds of $3,628,400. South American Silver Corp. purchased 15,580,000 common shares of the… Read More

MT Newswires

EastCoal to Commence Trading on London's AIM

12/28/2012, 10:33 am from MT Newswires in Investing, Commodities

EastCoal Inc. (ECX.V) said its shares will commence trading on the Alternative Investment Market, the London Stock Exchange's international market for smaller growing companies. The company will… Read More

MT Newswires

Analyst Actions: Credit Suisse Maintains Outperform on Duke Energy, PT at $76.50; Shares Edge Lower

12/28/2012, 10:32 am from MT Newswires in Investing, Commodities

Analysts at Credit Suisse have reiterated their Outperform rating on Duke Energy ( DUK ), and have set a price target of $76.50 a share. "DUK continues to manage down its outstanding… Read More

MT Newswires

Market Chatter: Poseidon Woes to Continue for Foreseeable Future; Shares Down 12%

12/28/2012, 10:23 am from MT Newswires in Investing, Commodities

Poseidon Concepts Corp (PSN.TO) continued its decline today, shaving a further 12.16% off its struggling share price to hit another low of $1.30. Day range is $1.29 - 1.41. More than 1.5 million… Read More

MT Newswires

MEG Energy Closes $800M Bought Deal, Private Placement Financings

12/28/2012, 10:21 am from MT Newswires in Investing, Commodities

MEG Energy Corp. (MEG.TO) has closed its recently announced public bought deal financing and concurrent private placement of common shares. A total of 12,125,000 common shares have been… Read More