Metals News
- Upstate Shredding acquires business Friday, July 30, 2010 @ 9:38PMOWEGO Upstate Shredding LLC and sister company Ben Weitsman & Son Inc. announced the acquisition of Weinstein Scrap Metal Corp. of Jamestown in an all-cash deal for an undisclosed amount.
- Aust stocks close week 1% higher Friday, July 30, 2010 @ 9:25PMMarket buoyed by earnings but caution remains. 31 Jul 2010 2:14 PM
- Carrigan: Go ahead, add commodities to your portfolio Friday, July 30, 2010 @ 9:22PMWith globalization making equity diversification impossible, the emerging theme in support of introducing a commodity component into the portfolio is that commodities are one of the few asset classes that do not necessarily have a positive correlation to global stock markets and commodities could reduce risk as measured by volatility.
- Biosolids compost facility is ready to roll Friday, July 30, 2010 @ 9:20PMThe construction of a new biosolids compost facility in Sedalia was completed earlier this month, and the center is set to begin composting organic material from the city’s wastewater treatment plants along with wood from the yard waste drop-off site to produce fertilizer in the coming weeks.
- Enos Metals wins Senior Babe Ruth playoff opener over Silver Lake Friday, July 30, 2010 @ 9:15PMThe Enos Metals Senior Babe Ruth baseball team has consistently been playing up to its potential throughout most of the season.
- Companies mark major milestones Friday, July 30, 2010 @ 9:03PMTwo established Sudburyarea companies marked important milestones on Thursday. In Serpent River First Nation, Chief Isadore Day and the Mansour Group of Sudbury announced a partnership they hope will lead to new business opportunities in Northern Ontario.[...]
- Plants can clean up contamination Friday, July 30, 2010 @ 9:02PMThere are an estimated 30,000 contaminated sites in Canada. These include properties like former gas stations, factories, or rail yards that are contaminated by heavy metals, organic compounds, or other toxins.[...]
- OZ Minerals steps up acquisition hunt Friday, July 30, 2010 @ 8:14PMOZ Minerals continues to seek acquisition opportunities and has made non-binding offers for projects.
- Malaysia-New Zealand FTA to come into effect Aug 1 Friday, July 30, 2010 @ 4:56PMKUALA LUMPUR: The Malaysia-New Zealand Free Trade Area Agreement will come into force on Aug 1 after 10 rounds of intense negotiations, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
- Public hearing to be held on shipment of nuclear waste through Great Lakes Friday, July 30, 2010 @ 4:20PMCanada’s nuclear safety regulator has agreed to hold a public hearing into a controversial plan to ship 1,760 tonnes of radiation-laced steel through Lake Ontario.
- Millington quarry soil review to get Bernards Township scrutiny Friday, July 30, 2010 @ 5:16AMBERNARDS TWP. – A newly released quarry consultant’s report gives soil at the Millington Quarry a relatively clean bill of health, but township officials are withholding judgment until their own expert weighs in.
- LME LATEST - Aluminium, lead push to new multi-month highs amid technical, end-month buys Friday, July 30, 2010 @ 5:13AM- Metals extended their rally into early ring trade on Friday as the dollar faltered alongside sentiment on stock markets ahead of key US data and the end of July book-squaring.
- Industrial Services of America, Inc. Announces New Credit Facility with Fifth Third Bank Friday, July 30, 2010 @ 5:09AMLOUISVILLE, Ky.--(BUSINESS WIRE)--Industrial Services of America, Inc. (NASDAQ: IDSA), a company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities for domestic users and export markets and offers programs and equipment to help businesses manage wastes announced that it has secured a new credit facility with Fifth Third Bank in the amount of $48.8 ...
- Platinum Group Metals Price Bulletin - 26th July 2010 to 30th July 2010 Friday, July 30, 2010 @ 5:03AMAs the dollar slipped back there was some renewed buying interest in commodities as investors looked for better returns. The base metals complex was well supported in a further sign of the strength in "industrial" metals.
- Industrial Services of America, Inc. Announces New Credit Facility with Fifth Third Bank Friday, July 30, 2010 @ 4:59AMLOUISVILLE, Ky.----Industrial Services of America, Inc. , a company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities for domestic users and export markets and offers programs and equipment to help businesses manage wastes announced that it has secured a new credit facility with Fifth Third Bank in the amount of $48.8 million with a three-year term.
- Gennaro makes city cleaner and greener Friday, July 30, 2010 @ 4:56AMCity Councilman James Gennaro, left, speaks about his new legislation at the Metro Terminal Corporation’s diesel plant in Brooklyn. The bill would promote the use of alternative fuels.
- Owners, not taxpayers, should pay for cleanup Thursday, July 29, 2010 @ 2:33PMThe Environmental Protection Agency’s cleanup effort of the Elizabeth Mining and Development Inc. site north of Montrose is necessary and welcome, but we hope the agency is actively pursuing the property owners to recover cleanup costs. The EPA considers the Elizabeth mining site abandoned, which is why it moved in this week to stabilize and remove some 6,000 gallons of acid, explosive materials ...
- Toyota Recalls Cars for Steering Problems Thursday, July 29, 2010 @ 2:21PMIn the face of continuing problems, Toyota is now recalling 412,000 passenger cars, mostly in the Avalon model and in the United States, for steering problems, said The Associated Press (AP). According to Toyota, three accidents have been reported in connection to the defect, to date, said the AP. Of the total cars involved, 373,000 Avalons [...]
- Go West, Young Man... Waaay West Thursday, July 29, 2010 @ 2:17PMAnother overnight period of tight trading ranges and agonizingly slow business unfolded ahead of Thursday’s New York session opening. Gold was confined to an $1,162.50-$1,170.40 price channel but gyrated mainly around the $1,165 figure.
- US GOLD - US gold rises as dollar falters Thursday, July 29, 2010 @ 2:13PMNew York, 29 July 2010 - US gold futures rose on Thursday as the dollar faltered a day ahead of second quarter GDP figures for the US.
- Palladium prices jump on strong auto sales news Thursday, July 29, 2010 @ 2:10PMPalladium prices marched higher Thursday after a parade of automakers reported stronger sales.Palladium for September delivery rose $22.45, or 4.8 percent, to settle at $491.20 an ounce.A weaker dollar also helped commodity prices. Since most commodities are priced in dollars, a weaker dollar...
- St. Lucie County felony arrests: July 29, 2010 Thursday, July 29, 2010 @ 2:02PMFelony arrest report in St. Lucie County for July 29.
- METALS-Copper hits 3-mth high as euro, jobs data improve Thursday, July 29, 2010 @ 1:58PM* Better US labor market data helps copper demand view
- Thursday wrap: TSX ekes out modest gain Thursday, July 29, 2010 @ 1:55PMThe Toronto stock market eked out a modest gain Thursday as investor nervousness about the pace of economic recovery countered a batch of upbeat earnings from key resource companies.
- The Fiver: Over 500 Words About Nothing Happening | Paul Doyle Thursday, July 29, 2010 @ 2:44AMClick here to have the Fiver sent to your inbox every weekday at 5pm(ish), or if your usual copy has stopped arriving BAD TIMES FOR BOTTOM FEEDERS Constipation can be caused by many things: illness, pregnancy, a low-fibre diet, out-of-date Purple Tin or poisoning by heavy metals (as in silicon and polonium, not Slayer and Black Sabbath, who, on the contrary, have caused many prudes to poop their ...
- Copper Rises to 12-Week High in London as Dollar Weakens, Equities Climb Thursday, July 29, 2010 @ 2:42AMCopper rose for a second day in London to a 12-week high as the dollar weakened, equities climbed and orders to draw metal from stockpiles increased.
- BSE 17976.92 +19.55 Thursday, July 29, 2010 @ 2:38AMAluminium traded a shade lower by Rs 0.25, or 0.26 per cent, at Rs 96.65 per kg in futures trade today after speculators booked profits amid approaching monthly expiry.
- Quantum fractals at the border of magnetism Thursday, July 29, 2010 @ 2:37AMU.S., German and Austrian physicists studying the perplexing class of materials that includes high-temperature superconductors are reporting this week the unexpected discovery of a simple "scaling" behavior in the electronic excitations measured in a related material. The experiments, which were conducted on magnetic heavy-fermion metals, offer direct evidence of the large-scale electronic ...
- Aquarius Platinum may shut Blue Ridge Thursday, July 29, 2010 @ 2:36AMAquarius Platinum said it may shut its Blue Ridge mine in South Africa for up to seven months to revamp it following the death of two miners last month.
- LME LATEST - Metals extend rally on further euro strength; copper, lead and zinc hit fresh uptrend highs Thursday, July 29, 2010 @ 2:15AM- Base metals extended the current uptrend as the euro moved to 11-week highs against the dollar, ushering copper, lead and zinc to fresh highs since May, while the latest daily warehouse inventory report held few surprises and did not deflect the complex from its upward bias.
- IG Markets - Close Of Markets Wrap July 29, 2010 Thursday, July 29, 2010 @ 2:13AMAcross Asia, regional markets are mostly lower in line with overnight leads and ongoing scepticism about the strength and sustainability of the US recovery. While the Nikkei 225, Hang Seng and Kospi are all lower between 0.1% and 0.6%, the Shanghai Composite ...
- BSE 17988.62 +31.25 Thursday, July 29, 2010 @ 2:08AMLead futures fell by Rs 0.35, or 0.38 per cent, to Rs 92.70 per kg today after traders booked profits at prevailing levels amid weak trend in global markets.
- Panoramic, Drake sign Scandinavian alliance Wednesday, July 28, 2010 @ 9:11PMShares in Panoramic Resources were higher after the company signed a three-year exploration alliance with Drake Resources in Scandinavia.
- PRECIOUS-Gold regains strength on dollar; ETF down 1 pct Wednesday, July 28, 2010 @ 9:07PMPRECIOUS-Gold regains strength on dollar; ETF down 1 pct
- GENERAL MARKET CONDITIONS/FUNDAMENTAL FACTOR Wednesday, July 28, 2010 @ 8:59PMThe lack of major market moving news resulted in gold and silver rising on technicals. They can rise further if they are able to trade over yesterday’s lows today. A mild fall in US stock markets will prevent gold and silver from a major fall today.
- New culinary store Whisk planned for 4th Avenue Wednesday, July 28, 2010 @ 8:30PMHUNTINGTON -- The owner of Mug and Pia gift shop across from Pullman Square is planning to open a second shop downtown.
- Winter Olympics: For the Country of For the Thrill of Going Fast Wednesday, July 28, 2010 @ 8:23PMBy: Andrew Otovic With the recent death of Georgian luger Nodar Kumaritashvili, the fourth ever competitor dying at the winter Olympics, the question should be raised: Are the Winter Games becoming too dangerous?...
- Jim Rickards Compares The Collapse Of The Roman Empire To The US, Concludes That We Are Far Worse Off Wednesday, July 28, 2010 @ 3:37PMIn the latest two-part interview with Jim Rickards by Eric King, the former LTCM General Counsel goes on a lengthy compare and contrast between the Roman Empire (and especially the critical part where it collapses) and the U.S. in it current form. And while we say contrast, there are few actual contrasts to observe: alas, the similarities are just far too many, starting with the debasement of ...
- Bacteria makes a meal of bauxite Wednesday, July 28, 2010 @ 3:31PMFORMER Yeppoon woman Naomi McSweeney has discovered a new species of naturally-occurring bacteria that has the potential to save the alumina and aluminium industries millions of dollars.
- Hecla Mining Company Reports Operating Results (10-Q) Wednesday, July 28, 2010 @ 3:28PMBy 10qk. Hecla Mining Company ( HL ) filed Quarterly Report for the period ended 2010-06-30. Read more » »
- Bacteria makes a meal of bauxite Wednesday, July 28, 2010 @ 3:24PMFORMER Yeppoon woman Naomi McSweeney has discovered a new species of naturally-occurring bacteria that has the potential to save industries millions of dollars.
- TSX Venture Exchange Daily Bulletins for July 28, 2010 Wednesday, July 28, 2010 @ 3:20PMVANCOUVER, BRITISH COLUMBIA--(Marketwire - July 28, 2010) - /
- Stocks and dollar slip on weak economic outlook Wednesday, July 28, 2010 @ 3:15PMBy Herbert Lash
- Husqvarna Riding Lawn Tractors Recalled Wednesday, July 28, 2010 @ 11:36AMHusqvarna Professional Products has issued a recall of 1,700 of its Husqvarna Riding Lawn Tractors due to fire hazard, the U.S. Consumer Product Safety Commission (CPSC) just announced. The CPSC is advising consumers to stop using the product immediately unless otherwise instructed and It is illegal to resell or attempt to resell a recalled consumer [...]
- P.M. Kitco Metals Roundup: Comex Gold Ends Near Steady in Quieter, Consolidative Trading Action Wednesday, July 28, 2010 @ 11:29AM28 July 2010, 02:22 p.m. By Jim Wyckoff Of Kitco News www.kitco.com Comex gold futures closed near unchanged levels in a calmer trading session Wednesday, as the market was in a consolidation mode following sharp losses on Tuesday that did produce fresh near-term technical damage.
- Durable goods orders fall, but business spending up Wednesday, July 28, 2010 @ 11:21AMWASHINGTON (Reuters) - New orders for U.S. manufactured goods like cars and planes fell unexpectedly for a second straight month in June, posting the largest drop since August in a sign economic recovery cooled in the second quarter.
- BP Oil Spill Compensation Account Still Not Funded Wednesday, July 28, 2010 @ 11:21AMBP has yet to deposit any money in the oil spill compensation fund announced by the Obama administration earlier this summer. During a meeting in Bayou La Batre, Alabama last week, Ken Feinberg, who has been tapped to administer the $20 billion BP oil spill compensation fund, said he could not begin [...]
- Pinning atoms into order Wednesday, July 28, 2010 @ 11:11AMIn an international first, physicists of the University of Innsbruck, Austria have experimentally observed a quantum phenomenon, where an arbitrarily weak perturbation causes atoms to build an organized structure from an initially unorganized one. The scientific team headed by Hanns-Christoph Nägerl has published a paper about quantum phase transitions in a one dimensional quantum lattice in the ...
- Orders for big-ticket goods fall 1 percent in June Wednesday, July 28, 2010 @ 10:58AMIt was the second straight monthly decline and the largest drop since August 2009.
- Buyout Chatter Boosts Potash Play Amid Ag Commodity Run Wednesday, July 28, 2010 @ 10:43AMConcentrated phosphate and potash fertilizer firm Mosaic spiked by 4% on Wednesday on continued speculation that mining giant BHP Billiton may be a suitor.
