May 2, 2011 Coal use in china shines light on growth International coal prices hit $124 per ton this week, the highest levels in five months, as strong demand from reconstruction projects in Japan and reduced supply from flood-ravaged Australia has…
April 30, 2011 Teck reaches tentative agreement with Fording River union: BIV Business in Vancouver reports: In a labour negotiation that has avoided the kind of strikes seen at the company’s Elkview and Coal Mountain mines in recent months, Teck Resources Ltd.…
April 30, 2011 Cliffs Natural Resources reports more than five-fold jump in Q1 profits Cliffs Natural Resources Inc (CLF.N:Quote) reported more than a five-fold increase in first-quarter profit as demand and prices for its iron ore and steel-making coal soared.Net earnings were $423 million,…
April 29, 2011 Caterpillar Surprises With Massive Profit Gain Caterpillar (NYSE:CAT) reported Friday a surprising five-fold jump in first quarter profits, reaching an all-time quarterly record as the company benefits from […]
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 Sherritt’s Q1 earnings up 116% to $63.6 million Sherritt's Q1 earnings rose 116% over the same quarter a year ago. The company reported net earnings on Thursday of $63.6 million or 22 cents a share. A year ago,…
April 28, 2011 Russian metals firms constrained by rail Russia's two main rail lines into Asia and, in particular China, are increasingly overburdened which is causing a headache for metals firms looking to increase exports.
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 It’s a good time to invest in coal Coal is considered the dirtiest of all fossil fuels due to the emissions of hazardous pollutants when burned. But we are at a point today where there is a scarcity…
Lundin Gold to invest $100 million in 2026 Ecuador exploration Lundin wants to increase its existing reserves totaling 5.54 million ounces, and identify new deposits through a three-year project. February 12, 2026 | 10:29 am