Primary Metals

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The Mongolia Coal Mining Boom

When I was a young high school punk, I had the good fortune of attending Jim Peckham's wrestling camp. Coach Peckham was the 1976 USA Olympic wrestling coach. He had cauliflower ears and a face that looked like he chased parked...

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Gold Ekes Out Small Gain, Other Metals Hold Steady

Gold Prices Inch Higher, Buoyed By Safe-haven Appeal; Other Metals Little Changed (AP) NEW YORK (AP) - Gold prices finished higher for a sixth straight day Friday, rising even as the dollar strengthened. The December contract...

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Gold climbs to record high

Precious metal recovers earlier losses and continue in record territory as investors fear inflation. Gold recovered earlier losses and rose to a fresh record high Friday with the momentum which has lifted prices more than 9%...

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Wall Street: Mixed week ends on a low note

Stocks selloff on Friday as investors respond to mixed economic news and a darkening outlook for technology companies. Stocks fell Friday, capping a mostly down week, as investors remained jittery about the economy and the...

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Paulson's golden investors have to commit $10 million

BOSTON (Reuters) - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a...

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European Shares End Week With Four-Day Skid

By KIMBERLY VLACH European stock markets ended the week on a four-day losing streak, with sentiment leaning toward the negative side as investors fretted about the robustness of the global economic recovery. The dollar held on...

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Cost Plus cookware recalled

WASHINGTON, Nov. 20 (UPI) -- The U.S. Consumer Product Safety Commission announced a voluntary recall of Cost Plus World Market stainless steel cookware due to a burn hazard. The handles on the stainless steel pots and pans...

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Economic concerns, rising U.S. currency push stock markets, crude oil lower

TORONTO - The Toronto stock market closed slightly lower Friday, pressured by falling energy stocks as demand concerns and a rising U.S. dollar pushed crude prices down. The S&P/TSX composite index...

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Ontex Resources to acquire Roxmark Mines in all-stock transaction

TORONTO - Roxmark Mines Ltd (TSXV-RMK) said Friday it plans to amalgamate with Ontex Resources Ltd. (TSX:ONT) in an all-stock transaction to form a new company that will eventually be called Goldstone...

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British structural steel co inks second Indian JV

British structural steel major Severfield-Rowen has announced the signing of its second joint venture in India, to establish structural metal decking units in Mumbai and Bellary (Karnataka). Based in Thirsk, Yorkshire, the...

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