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Biden Signs Ban On Russian Uranium Into Law In Win For Domestic Miners
Tuesday, May 14, 2024 - 3:07pm | 590President Joe Biden on Monday signed into law a ban on enriched uranium from Russia in the latest U.S. attempt to deprive Moscow of funding for its war in Ukraine. The move is a win for North American uranium mining companies that have been ramping up production in response to rising...
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Metals & Mining Companies Are Looking For Ways To Be More ESG-Friendly
Friday, February 12, 2021 - 1:03pm | 1749The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Around the world, companies in the metals and mining sector are expanding and changing the way the industry operates. Larger companies are...
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Halliburton Benefits From Consumption, Cost-Cutting & Political Warmth To Fracking
Tuesday, July 22, 2014 - 3:24pm | 245Natural gas usage is slowly ticking up. The increase in consumption may be tied to the growth in nations accepting natural gas fracking, or hydraulic fracturing, but home construction may also help to benefit consumption. Buyers and renters are still seeking ways to cut costs. The use of...
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3 Interesting New ETFs Begin Trading
Friday, July 18, 2014 - 3:45pm | 415With earnings season in full swing, the release of new ETFs can often be buried under a deluge of company announcements. However, several interesting new products have recently hit the market that will offer investors unique and diversified exposure in a variety of sectors. Well-known...
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5 Minimal Peter Cundill-Like Moves For Your Portfolio
Tuesday, July 15, 2014 - 4:47pm | 931Have you read the book There's Always Something to Do by Christopher Russo-Gill? If not, it should move right to the top of your summer reading list. It is the accumulated reflections of Peter Cundill. A Canadian value investor, Cundill used the Graham Deep Value Approach to...
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Bringing Some 'Joy' to Your Trading
Wednesday, July 9, 2014 - 3:46pm | 505Joy Global Inc (NYSE: JOY) presents a great swing-trading opportunity to the long side. The construction machinery and heavy trucks company has developed a nice flag pattern through the month of June, and looks poised for a run higher from current prices. JOY has been engaged in a solid if...
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Deadly Central American Earthquake Puts Mines and Fracking in Play
Monday, July 7, 2014 - 4:15pm | 518A major earthquake, with a reported magnitude of 6.9, shook the west coast of Mexico near the Guatemalan border Monday morning, killing at least three people. The tremblor has also sparked concerns regarding the immediate future of several major industries in the region. Mines Mexico...
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Time To Write Covered Call Options On BHP Billiton?
Thursday, June 19, 2014 - 4:29pm | 370Blue chip stocks in the natural resources sector, like BP (NYSE: BP) and Rio Tinto (NYSE: RIO), are ideal for writing covered call options. That's when the owner of the stock sells options, but not the obligation, to buy it at a higher price in the future. In the natural resources sector,...
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3 Ways To Benefit From Deals In Precious Metals
Tuesday, April 29, 2014 - 3:38pm | 493A recent article in The Wall Street Journal reported on a possible merger between Barrick Gold (NYSE: ABX) and Newmont Mining Corp (NYSE: NEM), two of the biggest gold mining companies in the world. The sector is certainly ripe for consolidation, as asset values are very low along with the cost...
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Natural Resource Stocks For Income, Value And Growth Investors
Thursday, April 17, 2014 - 3:38pm | 551Both the Dow Jones Industrial Average and the Standard & Poor's 500 Index are down in recent market action, prompting speculation that a correction is coming. If a downturn does ensue, income, value and growth investors should take that event as an opportunity to buy stocks in the natural...
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Massive Quake In Chile Sends Copper Prices To 3-Week Highs
Wednesday, April 2, 2014 - 1:05pm | 510The massive earthquake that rocked the northern part of Chile, the world's leading copper producer, also shook up copper prices; briefly sending them to three-week highs. Copper rose to $6,728.75 per metric ton on the London Metal Exchange on Wednesday, its highest level since March 11. The...
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Caterpillar Earnings Preview: Mining Slump Still a Drag
Friday, January 24, 2014 - 2:24pm | 758Heavy equipment maker Caterpillar (NYSE: CAT) -- which has been facing increased competition from mining equipment makers in China and India -- is scheduled to report its fourth-quarter full-year 2013 results on Monday, before the markets open. While the housing and wider economic recovery are...
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Rio Tinto is Bullish on China: Does that Make the Stock a Buy?
Monday, December 9, 2013 - 5:47pm | 424Rio Tinto (NYSE: RIO), the British industrial minerals firm, is so bullish on China it is spending $2 billion to increase production of iron ore in Australia by 25 percent. As detailed in a previous article on Benzinga, BHP Billiton (NYSE: BHP), a natural resources firm headquartered in...
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Consider This Small Cap Stock for December Uncertainty
Friday, December 6, 2013 - 4:17pm | 858As we close out the final month of the year, Federal Reserve statements, window dressing, tax selling and volatile commodities will boost cause uncertainty in the markets. The Federal Reserve transition and decline in precious metals make this December especially hot. GFI Group (NYSE: GFIG...
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When Will Asia Save Gold and Coal?
Wednesday, November 27, 2013 - 4:56pm | 545Economic policy from the United States has been devastating for the price of gold and coal. As a result, the exchange traded funds for gold, SPDR Gold Shares (NYSE: GLD) and its coal-related counterpart, Market Vectors Coal (NYSE: KOL), are both down by more than 20 percent for 2013. Demand...