The Northeast U.S. states — a vast market that generates and consumes much of America's annual electricity — is gradually using less coal to fire up its electricity plants.
Two Chinese state-owned mining companies plan to destroy an ancient Buddhist city in Afghanistan in order to get the copper underneath it, according to a new documentary.
Deutsche Bank has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense.
China plans to invest CNY4.7 trillion ($720 billion) on 303 transport infrastructure projects over three years but that may not be enough to give a strong boost to commodity prices in an oversupplied market.
It's all about leverage.
Investment bank says the precious metal will continue to grind higher — with that key $1,400 level being the first line in the sand.
After a torrid run this year, metals and mining stocks are about to take a big leg lower — according to one trader.
Gold continues to gain the favour of some long-time skeptics.
There is no reason for gold to get any love now because this is a political crisis, not a currency crisis. The primary reason you buy the "barbarous relic" that is gold is fear of a global currency crisis.
After an initial surge early in the year, gold prices have been stuck in a sideways range. But one trader expects the metal to see a sharp move in the next few weeks. via I'm […]
Gold shorts send metal to key $1,200, but a strong dollar and worries about global deflation could keep gains in check.
Even with gold prices dropping to near 4-year lows, buyers in China - the world's leading market - aren't tempted, suggesting prices have further to fall.
Despite everything that's been thrown gold's way, the precious metal has managed to hold its own, falling only slightly below the key $1,300 per ounce level.
Karl Simich, Managing Director, Sandfire Resources, says the copper space comprises of large mines that are difficult to take over whereas the gold mining sector has smaller assets that are ripe for picking.
A modest uptick for wages in the United States is not going to jolt the Federal Reserve into raising interest rates sooner than expected, according to Dennis Gartman.
"You want to own gold in yen terms," he says.
Gold will break out of a narrow band of trading in which the precious metal has been stuck for 12 months and will head towards $1,700 an ounce or higher as central bank moves and production problems increase the demand for gold.
Looking at the sell-off in gold, oil, copper and other commodities, strategic investor Dennis Gartman says, it feels like the market is growing irrational.
"Diamonds are a girl`s best friend." From Carol Channing to Marilyn Monroe to "Moulin Rouge" the iconic song has endured as a symbol of wealth for more than half a century... But should diamonds be an investor`s new BFF?
Mississippi utility regulators on Friday voted to allow a unit of Southern Co to continue building an $2.8 billion coal-gasification power plant in the state despite a court ruling that overturned the existing certificate issued two years ago.
Alcoa and Alcoa Foundation Annual 2011 Giving Totals $38 Million Foundation Commits $1.1 Million to Science, Technology, Engineering and Math (STEM) Education and Workforce Development in Recognition of International Corporate Philanthropy Day
(BUSINESS WIRE) -- Alcoa (NYSE:AA) and Alcoa Foundation announced combined community giving of $38 million in 2011, compared with $36.8 million in 2010. The annual giving results were released today in recognition of International Corporate Philanthrop...
Shares of Canada's Ivanhoe Mines Ltd. gained more than 5 percent in aftermarket trading on Thursday after majority shareholder Rio Tinto PLC disclosed that it is reviewing the company's board and management structure in advance of likely changes.
Gold ended last year in violent fashion, dropping 21 percent in less than three months. The sudden move, coming as equities rebounded in December, raised doubts among many investors about the sustainability of a trade that has been a winner for 10 years.
Toronto's commodity-heavy stock index hit its highest level in two months on Tuesday as healthy Chinese import data and a constructive outlook from U.S. aluminum giant Alcoa boosted confidence in resources and the global economy. Base metal miners were among the most influential gainers, jumping 3.2 percent, as copper prices surged on stronger than expected Chinese imports, which brightened the demand outlook for industrial metals.
Two people have been killed and 10 others injured during a violent protest over a planned gold mine in eastern Indonesia. The victims were among nearly 1,000 people in Lambu village in West Nusatenggara province who were trying to stop the gold mining...