Articles in Commodities

International Business Times

Oil Consortium Makes Large Oil Find in Brazil

Spanish oil officials Monday announced discovery of an offshore pocket of oil that could hold as many as 250 million barrels of oil off the coast of Brazil. The region in recent... Read >>

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Gold Canyon Drops 12%, Shy of 20-day SMA; Announces Updated Resource Estimate for Springpole Gold Project

Gold Canyon Resources Inc. (GCU.V) was sharply lower by about 12% early in the afternoon. It is trading at $2.17, 4 cents shy of 20-day SMA $2.21. Today, the company announced an updated... Read >>

International Business Times

The Who, What, Where, Why and When of the Strategic Petroleum Reserves

What is the Strategic Petroleum Reserve: The Strategic Petroleum Reserve ( SPR ) is the United States' emergency oil stockpile, and it is the largest emergency petroleum supply in... Read >>

International Business Times

Crude Oil, Metals Prices Vulnerable as Risk Appetite Unravels

Talking Points  Crude Oil, Copper Under Pressure as Risk Appetite Unravels to Start Week  Gold, Silver Sold as US... Read >>

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Lakeside Announces Fiscal 2012 Third Quarter Results; Shares Steady at 28 cents

Lakeside Steel Inc. (LS.V) today reported its financial results for its fiscal 2012 third quarter ended December 31, 2011. The company said revenue was $58.1 million, which represents... Read >>

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Analyst Actions: Ethiopian Potash Records Fresh Year Lows After Rating Downgrade

Ethiopian Potash Corp. (FED.V) was downgraded to "sell" from under review at Mackie Research as a result of the company's cash position, its burn rate, and the option agreement under... Read >>

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Barrick Slightly Lower Even As CEO Sees Further Dividend Increases

Barrick Gold (ABX.TO) Chief Executive Aaron Regent said on Monday that the company expects to continue to increase dividends aggressively given the bullish outlook for gold, Reuters reports.... Read >>

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UPDATE: Eldorado Gold Completes Takeover of European Goldfields; Shares Up 1.2%

Canada's Eldorado Gold (ELD.TO), has completed a $2.5 billion takeover of its smaller rival European Goldfields (EGU.TO). The company is now trading at 1.13%higher, at $15.22. ELD reported... Read >>

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UPDATE: Batero Gold Reports Initial Resource Estimate at its Batero-Quinchia Project; Shares Fall 37% to Below Year Low at Midday

Batero Gold Corp. (BAT.V) shares are down 36.33% at midday, to trade at $1.63. The shares have dipped well below their previous year low of $1.77. Today the company announced the initial... Read >>

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UPDATE: Carlin Climbs 21% But Still Nearing Year Lows; Announces Spinout of Yukon Joint Venture Properties

Carlin Gold Corporation (CGD.V) climbed as much as 21% in the afternoon, but is slightly above year low 7 cents, after announcing earlier today that it has signed a Letter of Intent to spin-out... Read >>