Metal and mining
From VALE to BHP: Top nickel stocks to explore amid supply concerns
March 08, 2022 11:09 AM PST| By Rupam RoyHighlights Rio Tinto Plc (NYSE: RIO) sales revenue surged 42% YoY in fiscal 2021. Haynes International (NASDAQ: HAYN) revenue rose over 37% in Q1, FY22. Materion Corporation (NYSE: MTRN) net sales were US$1.51 billion in fiscal 2021. With.....
Top metal & mining stocks: ATI, AA and five more to watch in spring
February 22, 2022 01:59 PM PST| By Versha JainHighlights Allegheny Technologies Incorporated (NYSE: ATI) supplies metals. Its stock rose 47.24% YTD. Alpha Metallurgical Resources, Inc. (NYSE: AMR) stock surged 41.8% YTD. It runs underground and surface mines. Alcoa Corporation (NY.....
From LIN to FCX: Top S&P 500 material stocks to explore this spring
February 12, 2022 12:07 PM PST| By Rupam RoyThe basic material companies specialize in processing raw materials like coal, metal, stone, wood, and some chemicals used in different industries. The sector has immense importance in the country’s economic growth. Here we explore the top S.....
Aluminum’s record high price means a windfall for stocks?
February 08, 2022 04:29 PM PST| By Rupam RoyHighlights Aluminum price hit a 13-year high of US$3,235 on Tuesday. Leading aluminum producer Slovalco cut its output by around 60%. Aluminum stocks in LME-registered warehouses fell to their lowest level since 2007. Aluminum prices hit .....
Top metal and mining stocks to explore in 2022
November 30, 2021 09:54 AM PST| By Rupam RoyThe metal and mining companies are engaged in the exploration, extraction, and processing of minerals. The metal and mining companies are an integral part of the global economy. These stocks are considered cyclical as their market movements are gui.....
Five iron ore stocks to watch as metal prices tumble
August 23, 2021 09:59 AM PDT| By Ipsita SarkarIron stocks are in the focus of late as iron ore prices plummet due to falling demand from China, the world’s second-largest economy. The prices have fallen about 40 percent since mid-July. The falling iron ore prices have affected steel-pro.....
Top 5 mining stocks to watch amid economic recovery
August 18, 2021 01:33 PM PDT| By Team Kalkine MediaHighlights The total revenue of Centerra Gold Inc (NYSE: CGAU) jumped about 56% in Q2. The net income of Vale S.A. (NYSE: VALE) rose about 600% in the second quarter. The shares of Cleveland Cliffs Inc. (NYSE: CLF) soared 69.42 percent YTD. .....
Mining the Market: Check out these six metal stocks going bullish
July 30, 2021 06:28 PM PDT| By Team Kalkine MediaSummary TimkenSteel Corporation (NYSE: TMST) reported revenue of US$273.6 million in Q1, 2021. Olympic Steel, Inc. (Nasdaq: ZEUS) reported a net income of US$1.8 million in FY 2020. Arcelor Mittal NY (NYSE: M.T.) reported operating income of U.....
Compass Minerals stock jumps 12% after Lithium deposit discovery
July 14, 2021 01:00 PM PDT| By Sanjeeb BaruahSummary Compass Minerals (NYSE: CMP) stock climbed 12% in intraday trade on July 14. The company’s revenue grew 24% YoY but incurred losses in the March quarter. On July 13, CMP announced to have found 2.4 million metric tons of lithium .....
Why is Western Sierra Resource (WSRC) stock trending?
June 23, 2021 12:35 PM PDT| By Kiran MuraliSummary The natural resource development company’s stock skyrocketed 841 percent on Tuesday. Western Sierra is in talks to buy 70 percent common stock of Silver State Mining Group. The stock is currently up 1694 percent year to date. .....
What are Rare Earth Elements and what’s their strategic significance?
May 30, 2021 08:03 PM PDT| By Team Kalkine MediaSummary Rare earth elements (REE) are a set of 17 metallic elements, which are not rare despite what the name suggests. REEs are widely used in the manufacturing of consumer electronics, medical equipment, electric vehicles, and defence and cle.....
Five Gold & Silver Stocks To Watch In June
May 27, 2021 06:40 PM PDT| By Team Kalkine MediaSummary Pan American netted revenue of around US$37.4 million in Q1. Kirkland paid US$50.3 million in dividends; repurchased shares worth US$46.3 million. Coeur produced 85,225 ounces of gold and 2.4 million ounces of silver in Q1. Gold a.....
Cleveland-Cliffs, Rio Tinto, & Freeport: 3 Mining Stocks To Explore
May 20, 2021 08:50 PM PDT| By Team Kalkine MediaSummary Cleveland-Cliffs’ consolidated revenues were US$4.0 billion in Q1 of 2021. Rio Tinto reported a 30% increase in adjusted EBITDA in Q1. Freeport McMoRan posted revenue of US$4850 million in the first quarter. Trading in preci.....
5 Mining Stocks That May Prove A Right Fit As Economy Reopens
May 03, 2021 04:10 PM PDT| By Team Kalkine MediaSummary The Cleveland-Cliffs stock gained more than 136% in the past six months. The United States Steel Corporation reported Q1 net earnings of US$91 million, compared to a net loss of US$391 million in the same period a year ago. Newmont is .....
Barrick Gold (NYSE:GOLD) Achieves Goals in 2020, Builds Momentum for 2021
February 11, 2021 09:55 AM PST| By Team Kalkine MediaSource:optimarc, Shutterstock Summary Barrick Gold Corporation has gold and copper operations across the globe. The preliminary data suggests that the guidance for full-year gold and copper production was met. The Company announced a quarterl...
How are US Copper Stocks Reacting to the Underlying Commodity Price Rally?
February 10, 2021 10:31 AM PST| By Team Kalkine MediaSource:Christian Vinces, Shutterstock Copper futures has climbed the price ladder swiftly with the price now crossing the previous month top of $3.7338 per pound on COMEX. The price has hit $3.7735 per pound, establishing a new eight-year high. The...
What does 2021 have in store for Newmont Corporation?
January 29, 2021 10:21 AM PST| By Team Kalkine MediaSource: Roman Bodnarchuk, Shutterstock Summary Leading producer of gold, Newmont registered a 22% increase in gold production in September quarter. The company has unveiled a gold production guidance of 6.5 Moz for 2021. Newmont is set t...
Before his White House departure, Trump has a spree of mining, energy project approvals
December 20, 2020 08:25 PM PST| By Hina ChowdharyAs per media reports, the United States President Donald Trump is rushing to flag off a final wave of major mining and energy projects on the federal lands. This comes ahead of him leaving the White House. Many requests across the United States are...
Why Did Trump Reignite Aluminum Tariff War on Canada?
August 07, 2020 07:46 AM PDT| By Team Kalkine Media(Featured image Source: Government of Canada Photos) Summary United States President Donald Trump imposed tariffs on aluminum imports from Canada. Canada warned of a “dollar-to-dollar” retaliatory imposition of tariffs. Th...