Basic Materials

Electric Cars Drive Demand For Lithium; FMC, Rio Tinto, Rockwood Stand To Gain
September 07 2012 4:55 PM

Growing global demand for electric cars could drive demand for lithium up by as much as 20 percent per year, benefiting chemical and mining companies such as the FMC Corp. (NYSE: FMC), Rio Tinto PLC (NYSE: RIO) and Rockwood Holdings Inc. (NYSE: ROC), according to Standard & Poor's Capital IQ.
South African Labor Unrest Threatens Platinum And Gold Production
September 06 2012 7:51 PM

In the wake of a strike that left 34 platinum miners dead after clashes with police, South African unions continued to refuse to work, disrupting production of the metal in the country that accounts for 75 percent of global exports and spilling over to impact gold miners.
Tropical Storm Isaac Cuts Petroleum Output, Price Hikes Expected
August 27 2012 12:28 PM

At least one major refiner, BP PLC (NYSE: BP), has said it is shutting down production in the region. Production shutdowns can lead to price spikes at the pump fairly quickly.
Digging Deep: Lonmin Struggles To Get South African Miners Back To Work
August 26 2012 5:28 PM

Lonmin PLC, the platinum producer whose Marikana mine in South Africa was the site of deadly protests during the past several weeks, is pushing for a return to business as usual after an operations shutdown caused by a wildcat strike and a period of national mourning.
Tiffany, Heinz, Pandora, Joy Global, Splunk: Earnings Reports To Watch, Aug 27-31
August 24 2012 4:30 PM

While the second-quarter earnings season is coming to a close, investors will still see a trickle of companies reporting results next week. They include Heinz, Joy Global, Pandora Media, Splunk, and Tiffany.
In Spite Of Cheery Assessments, Some Claim Australian Economic Boom Is Over
August 24 2012 5:52 AM

In spite of a cheery assessment recently from the country's central bankers that led projections of 2012 GDP to be raised -- to 3.5 percent -- while views on inflation were lowered, recent days have seen growing signs of economic distress emanating from Australia.
Glencore Won't Pay More For Xstrata, Despite Qataris' Demand
August 21 2012 8:38 AM

Glencore International PLC (LON: GLEN), a commodity trading company based in Baar, Switzerland, has said it is prepared to bow out of talks to buy Xstrata PLC (LON: XTA) rather than give in to a demand for more money from a major shareholder of the giant mining company.
Gold Demand Plunges In Top Global Markets: Will Emerging Markets Take Up Slack?
August 20 2012 10:41 AM

Gold prices continued to decline this week, dragging even lower due to unusually weak demand from China and India - the two largest gold consumers - that has extended for several months.
Technology Focus: Curiosity On Mars Another Legacy Of JFK
August 12 2012 10:04 AM

Last week’s successful landing of the Mars Science Laboratory, better-known as Curiosity, represented a triumph in aeronautical and electrical engineering. Now the nine-foot, six-wheeled rover will use its instruments to make “Mars-shaking” discoveries in geology, meteorology and chemistry.
Between A Rock And The EPA: A Fight Over Alaskan Minerals Is Making A Big Splash In Washington
August 08 2012 6:35 AM

Local campaigners have compared the potential impact of the mine's effluent to BP's Gulf of Mexico disaster and the Exxon Valdez oil spill, saying the region's fish stocks will become unsellable if the project goes ahead.
Curiosity On Mars: More Than Intel Inside
August 06 2012 11:22 AM

Investors may not know that many of their technology companies played a huge part in the system design, software, features and functions. They include Intel Corp. (Nasdaq: INTC), Siemens Corp. (NYSE: SI) and General Dynamics Corp. (NYSE: GD).
The New Gold Rush: How China is Making Aussie Miners a Mint
July 16 2012 11:59 AM

According to the data, the richest 13 towns in Australia are all in Western Australia, an area which has experienced a huge boom in mining owing mostly to China's demand for natural resources.
Alcoa Beats Estimates In First Major 2Q Earnings Report
July 09 2012 5:11 PM

Alcoa Inc. (NYSE: AA), the largest U.S. aluminum manufacturer, reported better-than-expected second quarter earnings Monday as auto and aerospace orders rose in the the second quarter's first major earnings report.
New Great Game Being Played In Afghanistan, Without The US
July 07 2012 12:59 PM

China and India are set to sink billions of dollars into Afghanistan, perhaps the world's last great untapped center for natural resources. Where is the U.S.?
Foreign Troubles Dim US Earnings Forecasts
July 05 2012 5:11 PM

The European summit may have increased investor confidence, but weak consumer spending across Europe, along with the rise of the dollar against the euro, is slowing down the global economy, pushing many companies to trim their earnings forecasts.
June U.S. Manufacturing Contracts For First Time In Nearly 3 Years
July 02 2012 12:38 PM

U.S. manufacturing contracted in June for the first time since July 2009 as demand fell amid the euro zone crisis, according to Institute for Supply Management data released Monday.
US Housing Prices Rise For Third Month In May: CoreLogic
July 02 2012 10:53 AM

U.S. home prices rose 2 percent in May, another sign that the depressed housing market is stabilizing, data firm CoreLogic (NYSE: CLGX) said Monday.
It?s All About the Minerals: Why America Shouldn?t Fear China's Rare Earth Monopoly
June 29 2012 2:53 PM

China, which according to various estimates produces between 90 to 98 percent of the world's rare earth supplies, warned that a decline in its rare earth resources was accelerating.
High Demand For Malaysian Palm Oil Giant IPO
June 12 2012 9:17 AM

Felda Global Ventures Holdings, Malaysia's state-owned palm oil producer, will likely exceed its IPO target of $3.2 billion when it goes public on June 29.
Lowe?s 1Q Profit Up, But Earnings Forecast Downgraded
May 21 2012 10:13 AM

Home improvement retailer Lowe's Companies Inc. (NYSE: LOW) reported a 14.4 percent increase in profit in the first quarter but downgraded its estimated earnings for the year on concerns over momentum in the U.S. housing market on Monday.

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