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CORRECTED-COMMODITIES-Mostly down for April after brutal mid-month selloff
Reuters(Corrects Brent's Tuesday close and milestone for monthly loss, para 11) * Copper down 7 pct for April, sharpest drop since May 2012 * Brent oil also off 7 pct on month, biggest drop since May * Gold loses 8 pct for April, sharpest slide since December...Tags: European Central Bank, Federal Reserve, Central Bank, Petroleum Industry, Thomson Corporation
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Yamana Gold profit falls on lower gold price, costs
ReutersTORONTO, April 30 (Reuters) - Canadian miner Yamana Gold Inc reported a 40 percent drop in first-quarter profit on Tuesday as lower gold prices and higher costs outweighed a boost in gold production. Net income was $102.1 million, or 14 cents a share, in...Tags: Yamana Gold Incorporated, Metal and Mineral
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PRECIOUS-Gold edges down, investors cautious ahead of Fed
ReutersSINGAPORE, May 1 (Reuters) - Gold inched down on Wednesday, with investors cautious as they wait to see if the U.S. Federal Reserve sticks to its bullion-friendly monetary policy later in the day. FUNDAMENTALS * Spot gold had fallen $2.81 an ounce to...Tags: European Central Bank, Automatic Data Processing, Inc., Federal Reserve, Central Bank, Money and Monetary Policy
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RPT-Dwindling U.S. gold stocks signal surge in physical demand
Reuters* COMEX stocks down 30 pct since Feb, accelerated last week * Growing preference for physical bars, coins after selloff * Higher premium in non-U.S. markets triggers bullion outflow By Frank Tang NEW YORK, April 29 (Reuters) - Physical gold stocks...Tags: China, Federal Reserve, HSBC Holdings plc, CME Group Inc., JPMorgan Chase & Co.
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COMMODITIES-Rally aids recovery from mid-April tumble; corn jumps
Reuters* Oil near 3-week high on weak dlr, talk of cenbank easing * Corn surges 6 pct, limit-up, in biggest rally since 2011 By Barani Krishnan NEW YORK, April 29 (Reuters) - Oil hit a near 3-week high and copper and gold rose after a weaker dollar and...Tags: Italy, Central Bank, Petroleum Industry, Thomson Corporation, Energy Resources
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Gold miner Barrick prices $3 billion debt offer
ReutersTORONTO, April 29 (Reuters) - Barrick Gold Corp said on Monday that it would issue some $3 billion in debt securities to pay down a revolving credit facility, repay principal on notes due in 2013, and for general corporate purposes. The world's...Tags: Moody's Corporation, Politics, Interior Policy, Pension and Welfare, Barrick Gold Corporation
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CORRECTED-COMMODITIES-Rally aids recovery from mid-April tumble; corn jumps
Reuters(Corrects bullet and 2nd para to say corn's gain highest since July or in nearly 10 months, not 2 years) * Oil near 3-week high on weak dlr, talk of cenbank easing * Corn surges 6 pct, limit-up, in biggest rally since July By Barani Krishnan NEW YORK,...Tags: Italy, Central Bank, Petroleum Industry, Energy Resources, Thomson Corporation
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U.S. RESEARCH ROUNDUP: 3M, Time Warner, Walt Disney, Caterpillar
ReutersApril 29 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Time Warner, 3M Co and Caterpillar, on Monday. HIGHLIGHTS * 3M Co : JP Morgan cuts target price to $95 from $97; rating...Tags: Royal Caribbean International, Petroleum Industry, Gold Fields Limited, Abercrombie & Fitch Company, Lazard Limited
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Big name US high-grade issuers rush to beat Apple's jumbo deal
ReutersBy Shankar Ramakrishnan NEW YORK, April 29 (IFR) - Some of the US's biggest brand names raced to the market on Monday to lock in tight pricing on their deals before Apple comes to the market with its jumbo offering. A total of USD6.725bn was raised...Tags: Target, Bonds, Casino and Gambling Industry, Wells Fargo & Co., Deutsche Bank AG
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PRECIOUS-Gold eases after modest gains subside; ETFs weigh
ReutersSINGAPORE, April 30 (Reuters) - Gold slipped back into negative territory on Tuesday after bargain hunting tapered off, while daily outflows from exchange-traded funds highlighted investors' lack of confidence in the precious metal. FUNDAMENTALS * Gold...Tags: Federal Reserve, Consumers, Casino and Gambling Industry, Unemployment, Economy, Business and Finance
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Imperial Valley Desert Museum brings Gold Fever exhibit to Imperial Valley
Imperial Valley Press Staff WriterOCOTILLO — In school students learned about the California Gold Rush of the mid-1800s, but many may be surprised to learn that the Imperial Valley has a rich history of gold mining as well. At one point there were 130 mines in the Imperial County,...Tags: Mining, Arts and Culture, Museums, Metal and Mineral
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Shanta Gold hedges half of its forecast 2013 output
ReutersLONDON, April 29 (Reuters) - Shanta Gold, the East Africa-focused miner, said it hedged almost half of its forecast 2013 production, joining a growing list of smaller gold producers who have locked-in future output to protect against volatile prices....Tags: AngloGold Limited, Barrick Gold Corporation, Metal and Mineral
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