Articles in Commodities

Oil Consortium Makes Large Oil Find in Brazil
2/27/2012, 1:16 pm from International Business Times in Investing, Commodities
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 >>

Gold Canyon Drops 12%, Shy of 20-day SMA; Announces Updated Resource Estimate for Springpole Gold Project
2/27/2012, 1:11 pm from Midnight Trader in Investing, Commodities
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 >>

The Who, What, Where, Why and When of the Strategic Petroleum Reserves
2/27/2012, 1:02 pm from International Business Times in Investing, Commodities
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 >>

Crude Oil, Metals Prices Vulnerable as Risk Appetite Unravels
2/27/2012, 12:57 pm from International Business Times in Investing, Commodities
Talking Points
Crude Oil, Copper Under Pressure as Risk
Appetite Unravels to Start Week
Gold, Silver Sold as US... Read >>

Lakeside Announces Fiscal 2012 Third Quarter Results; Shares Steady at 28 cents
2/27/2012, 12:50 pm from Midnight Trader in Investing, Commodities
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 >>

Analyst Actions: Ethiopian Potash Records Fresh Year Lows After Rating Downgrade
2/27/2012, 12:40 pm from Midnight Trader in Investing, Commodities
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 >>

Barrick Slightly Lower Even As CEO Sees Further Dividend Increases
2/27/2012, 12:36 pm from Midnight Trader in Investing, Commodities
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 >>

UPDATE: Eldorado Gold Completes Takeover of European Goldfields; Shares Up 1.2%
2/27/2012, 12:31 pm from Midnight Trader in Investing, Commodities
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 >>

UPDATE: Batero Gold Reports Initial Resource Estimate at its Batero-Quinchia Project; Shares Fall 37% to Below Year Low at Midday
2/27/2012, 12:26 pm from Midnight Trader in Investing, Commodities
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 >>

UPDATE: Carlin Climbs 21% But Still Nearing Year Lows; Announces Spinout of Yukon Joint Venture Properties
2/27/2012, 12:22 pm from Midnight Trader in Investing, Commodities
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 >>