(Bloomberg) - Two years ago, a commodity trading house started stockpiling thousands of tons of aluminum near a bend in the Mississippi River outside New Orleans.Now Castleton Commodities International LLC, the trader backed by hedge fund luminaries including Paul Tudor Jones, is sitting on a veritable gold mine as a scramble for aluminum unfolds in the wake of U.S. sanctions against United Co. R...Read More
HSBC has joined an increasing list of large banks by announcing Friday it would not longer finance coal-fired plants, oil sands and arctic drilling.The move, announced by Europe's largest bank at its annual meeting as part of its new energy policy, seeks to head off criticism from investors who want the institution's actions to be aligned with the Paris Agreement, a global pact to limit greenhous...Read More
Highland Gold Mining Limited's (AIM:HGM) most recent return on equity was a substandard 4.85% relative to its industry performance of 11.12% over the past year. An investor may attribute anRead More...Read full newsRead More
Highland Gold Mining Limited's (AIM:HGM) most recent return on equity was a substandard 4.85% relative to its industry performance of 11.12% over the past year. An investor may attribute anRead More...Read full newsRead More
BANGKOK - A court in Thailand found seven environmental activists not guilty Thursday of violating a law on public gatherings that imposes severe penalties for actions that disrupt public services.Read full newsRead More
A court in Thailand found seven environmental activists not guilty Thursday of violating a law on public gatherings that imposes severe penalties for actions that disrupt public services.Read full newsRead More
NEW YORK, NY / ACCESSWIRE / April 18, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...Read full newsRead More
Highland Gold Mining Limited's (AIM:HGM) most recent return on equity was a substandard 4.85% relative to its industry performance of 11.12% over the past year. An investor may attribute anRead More...Read full newsRead More
Highland Gold Mining Limited's (AIM:HGM) most recent return on equity was a substandard 4.85% relative to its industry performance of 11.12% over the past year. An investor may attribute anRead More...Read full newsRead More
By Andy Home, columnist for ReutersSanctions fever has spread to nickel.With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel.Deripaska is a 27.8 percent shareholder in Norilsk, while the oligarch behind the world's number two nickel pr...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for May delivery lost 18 cents to $68.29 on the New York Merc, while Brent for June gained 30 cents to $73.78 (all figures in this para U.S.). Western Canadian Select traded at a discount of $16.65 to WTI...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $3.90 to $1,345.30 on Thursday. The TSX Venture Exchange lost 0.50 point to 802.10 while the TSX Gold Index added 0.69 point to 192.01. Agnico Eagle Mines Ltd. (AEM) led Canadian gold miners lower. It fell $1.22...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange slipped one-half point to 802.10Thursday. Paul Haber's halted Black Birch Capital Acquisition III Corp. (BBC) has an update on its qualifying transaction (see Shell Summary for Feb. 6, 2018). The company's QT t...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Thursday was a mediocre 67-84-143. The TSX Venture Exchange fell fractionally to 802 while polished diamond prices were flat. Ken MacNeill and George Read's Star Diamond Corp. (DIAM) traded activ...Read More
It took Colombian authorities about three hours to be able to dig a back access entrance and free 14 people that were trapped inside a gold mine in the Marmato municipality of the Caldas province.According to the regional Department of Risk Management, Environment and Climate Change, La Socorro's mine main entrance collapsed on Wednesday at around 4 p.m., leaving over a dozen workers trapped insid...Read More
Gold remains largely forgotten, off the radars of most investors. But that's likely to change soon as this leading alternative investment is nearing a major bull breakout. Once gold climbs to decisive new bull-market highs, sentiment will turn and investors' interest will surge. Their resulting buying will rapidly drive gold higher, attracting in more capital inflows. Gold is only a couple m...Read More
MiningFeeds previously wrote about Bonterra Resources (TSX-V: BTR) and its Gladiator Gold Project in Quebec. The company has steadily advanced through an extensive resource development program expand and define its geological resource model for an updated 43-101 Mineral Resource technical report that will likely prove to be significantly larger than its dated 2012 resource estimate. In 2012, usi...Read More
Gold has pulled back in recent days because of easing geopolitical tensions in the Middle East and an increasingly positive global economic outlook. While risks are declining, there is every likelihood that the simmering tensions in the crisis-prone Middle East could come to a boiling point at short notice once again. That would trigger another gold rally, particularly in a global political and ec...Read More
There are many reasons to invest in base metals companies these days. One is the supply constraints that have resulted due to underinvestment in the industry during the downturn, and another is rising demand due to new industries that are emerging and gaining momentum.Let's look at two of the biggest base metals companies whose stocks have rallied big time over the last couple of years, and that c...Read More
The public pension fund system is approaching apocalypse. Earlier this week teachers who are part of the Colorado public pension system (PERA) staged a walk-out protest over proposed changes to the plan, including raising the percentage contribution to the fund by current payees and raising the retirement age. PERA backed off but ignoring the obvious problem will not make it go away.Every pu...Read More