May 1, 2011

First quarter 2011: Results rise on higher aluminium prices and stronger sales

Hydro had underlying earnings before financial items and tax (EBIT) of NOK 1,448 million in the first quarter, up from NOK 588 million in the fourth quarter. Higher realized aluminium…

April 29, 2011

Today in Commodities: Tipping Point

We feel that some commodity prices are getting overextended and very close to their tipping pint. Far from an ultimate top but […]

April 28, 2011

Reliance Steel & Aluminum Co. reports first quarter results

Reliance Steel & Aluminum Co. (NYSE:RS) reported today its financial results for the first quarter ended March 31, 2011. For the 2011 first quarter, Reliance reported net income of $92.3…

April 27, 2011

A longer-term view of inflation: industrial metals vs. gold

I found an interesting dataset at the IMF of commodity prices going back to 1980. What makes it interesting is to look at the longer-term price trends of some of…

April 27, 2011

Commodities: No bubble here

With commodity prices up so much over the past several years, you can forgive long-term value investors for giving them a miss. Who wants to risk exposure to another asset…

April 27, 2011

Today in Commodities: Status quo from Fed

Nothing new to report from Uncle Ben and his cronies but at least there was more talk of inflation with rising commodity […]

April 20, 2011

China tries to curb over-capacity in aluminium sector

China has called on central and provincial authorities to stop approving the construction of new aluminium smelting capacity as over-capacity in the industry is expanding. Nine ministries and departments jointly…

April 18, 2011

Is commodities boom nearing its end?

The commodity bull has shown little sign of running out of steam - until now. Prices began to stumble as soon as a note from Goldman Sachs, the American banking…

April 11, 2011

Orbite identifies rare earth elements in its Grande-Valee deposit, further enhancing its offering to the aluminum and high-technology industries

Exploration Orbite (TSX VENTURE:ORT.A) is pleased to announce the presence of high-value by-products such as scandium, gallium and other important rare earth elements in its Grande-Vallée deposit, all of which…

April 11, 2011

Alcoa’s Q1: big year-over-year growth for company

Alcoa Inc. (AA) has kicked off another earnings season with its first quarter posting of 27 cents earnings per share (EPS) on […]