Commodities News and Information on Yahoo! Finance

First Person: Tips for Buying Physical Metals

Wed, 29 May 2013 21:30:00 +0000

Not knowing exactly what you're doing when investing hard-earned money can be somewhat intimidating. This means that it can pay off in both peace of mind and good financial decision-making to research investment options before jumping in head-first.

Rosneft’s bid for Itera is a key step in Russia’s internal rebalancing of power

Wed, 29 May 2013 14:07:44 +0000

The $3 billion bid by Russian state oil giant Rosneft for the 49% it doesn’t already own of gas producer Itera seems, on the face of it, to be overpriced. A 49% stake in Itera’s natural gas assets is worth ...

Coffee is at its cheapest in three years (but your latte isn’t)

Fri, 24 May 2013 21:05:57 +0000

Coffee futures on IntercontinentalExchange, the commodities trading market, for arabica beans (not the cheaper, nastier robusta) traded below $1.30 per pound today for the first time since March 5, 2010. ...

First Person: Tricks and Traps of Buying Silver

Thu, 23 May 2013 22:11:00 +0000

Even with silver being a volatile metal at times, I'm still a fan. I'll admit however, there are certainly some potential pitfalls to buying the shiny stuff. In fact, if you're not careful, you can take quite a hit on investing in silver due to simple ignorance regarding its purchase. This is why I make sure that when I'm on the lookout for good (physical) silver buys, I watch out for the following tricks, traps, and seller "techniques".

Reluctant Consumers: Australia's Next Headwind?

Wed, 22 May 2013 05:27:21 +0000

On top of a slowdown in Australia's lucrative mining sector, consumer sentiment in the country appears to have deteriorated sharply, posing a challenge to the central bank which cut interest rates to a ...

Since China wants oil from Myanmar, it is compromising with protestors

Tue, 21 May 2013 19:13:18 +0000

China has big plans for mountainous Yunnan province, in the southwest of the country. They include a building boom, a new road and a petroleum industry centered on oil and chemical refineries. The raw ...

Petaquilla continues to advance Lomero-Poyatos gold project

Mon, 20 May 2013 11:15:00 +0000

By Steven Ralston, CFA Last week, Petaquilla Minerals (Toronto:PTQ: TO) and (OTC BB:PTQMF) announced the latest step in the advancement of the Lomero-Poyatos gold project in Spain, specifically that the ...

No Love for Precious Metals - Silver Gets Slammed

Mon, 20 May 2013 05:49:42 +0000

First it was gold, and now it's silver. The metal fell victim to heavy selling on Monday, dragging gold down with it, on U.S. dollar strength and as investors turned more cautious on precious metals as ...

American LNG exports get the go-ahead

Fri, 17 May 2013 23:07:21 +0000

Corporate America loves the US’s shale gas boom—but when it comes to exporting the stuff, companies are divided. Fossil-fuel producers like ExxonMobil are all in favor of building liquefied natural gas ...

Gold falls as Fed comments lift dollar

Fri, 17 May 2013 11:58:46 +0000

* Dollar lifted by Fed official's comments on QE * Gold prices set to end the week down nearly 5 pct * Palladium, platinum outperform after Platinum Week (Updates prices) By Jan Harvey LONDON, May 17 (Reuters) ...

First Person: 4 Sites I Use for Metals Investment Information

Thu, 16 May 2013 21:46:00 +0000

I think metals are a great form of investment. They are tangible assets, are often non-sustainable, and can be great hedges against inflation and economic uncertainty. Therefore, I've been making a push lately to learn more about metals and metal investment. In the process, I've come across a few websites that have been particularly helpful in this education.

BP’s Tony Hayward gets his life back—as chairman of Glencore Xstrata

Thu, 16 May 2013 12:06:33 +0000

Tony Hayward’s appointment as interim chairman of Glencore Xstrata, the world’s fourth-largest mining company, completes his rehabilitation—the 56-year-old oilman, ousted and humiliated as head of BP three ...

Colt Resources – Major Accomplishments in 2012

Fri, 03 May 2013 11:00:00 +0000

By Steven Ralston, CFA Earlier this week, Colt Resources (TSXV:GTP.V) filed the financial statements and Management Discussion and Analysis (MD&A) for the year ending December 31, 2012. These documents ...

Colt Resources reports fourth quarter and year-end results

Thu, 02 May 2013 11:00:00 +0000

By Steven Ralston, CFA This week, Colt Resources (TSXV:GTP.V) reported financial results for the fourth quarter and year ending December 31, 2012. For the quarter, the company reported a loss for the ...

April’s rush leaves Hong Kong jewelry stores bare for Golden Week

Wed, 01 May 2013 07:43:12 +0000

Golden Week came early this year in Hong Kong. The Labour Day holiday during the week of May 1 has traditionally been one of three national holidays when mainland Chinese tourists flock to the tax-free ...

One of the US’s greenest banks is also the biggest financier of the coal industry

Tue, 30 Apr 2013 19:26:21 +0000

While US banks like to trumpet their investments in renewable energy they don’t talk so much about financing environmental pariahs like the coal industry. Bank of America, for instance, has committed to ...

The Company Bringing Natural Gas to Truckers

Tue, 30 Apr 2013 13:46:40 +0000

The domestic abundance and competitive pricing of natural gas is pushing the industrial transport industry to consider it as a more cost effective fuel source. In early March BNSF, the railroad wholly ...

Putin and Abe play ‘Let’s Make a Deal’ on natural gas

Mon, 29 Apr 2013 10:14:44 +0000

Japanese Prime Minister Shinzo Abe is in Russia today for a sit-down with his counterpart, Vladimir Putin. Near the top of the agenda: Japan’s insatiable appetite for natural gas, which Russia has in ...

3 Reasons Why Gold Won't Fall Through the Floor

Mon, 29 Apr 2013 08:05:40 +0000

Large swings in the price of gold over the past two weeks have cast major doubts over the fate of the precious metal, however one bank suggests the worst may be over for bullion this year.

Cheaper Power Bills? You Have NatGas to Thank

Sat, 27 Apr 2013 20:27:42 +0000

If you've noticed your utility bills falling, it may not be a figment of your imagination. Surging natural gas production in the U.S. has had one benefit already: curbing or even cutting power costs.

When the US government says your next car will run on biofuel, don’t take it too seriously

Fri, 26 Apr 2013 18:49:48 +0000

We still may not be driving flying cars in 2040—will we ever?—but it’s likely our rides will powered by natural gas. That’s just one of the predictions in the US government’s yearly exercise in soothsaying ...

Cheaper Gasoline Prices Are in Your Future

Thu, 25 Apr 2013 12:34:16 +0000

A surprise drop in gasoline supplies sent oil and gasoline futures higher Wednesday, but the trend for pump prices should continue to be lower for now.

From Rout to Rush - Gold Stages Quiet Rally

Thu, 25 Apr 2013 06:32:45 +0000

Gold is clawing its way back up amid signs that demand for the precious metal is soaring a week after a massive sell-off sent prices to their lowest level in more than two years.

Should I Buy Gold?

Thu, 25 Apr 2013 00:00:00 +0000

For years, and especially in 2008, all that glittered was gold...until now.