Death of Conte brings coup in Guinea
It didn’t take long for unrest to rear its head after the long serving president of Guinea was pronounced dea…
Alcoa Inc
Avanti puts US$424M price tag on Kitsault
Vancouver — To take a crack at reopening the Kitsault molybdenum mine, 140 km northwest of Prince Rupert, B. C., Avanti Mining (AVT-C, AVNMF-o) will have to shell out about US$424 million in capital …
Deutche Bank downgrades commodities outlook
Citing low global growth expectations, Deutche Bank has lowered price targets for commodities. Deutche Bank expects…
Citigroup cuts commodity forecasts for 2009-10
Citi Investment Research has lowered some of its commodity price forecasts due to the U. S. financial crisis, slowing growth in China and disinflationary developments.
Citi cuts commodity forecasts for 2009-10
Citi Investment Research has lowered some of its commodity price forecasts due to the U.S. financial crisis, slowin…
Chinalco limited to 15% Rio Tinto stake
The Australian government has approved a maximum holding of 14.99% in the shares of Rio Tinto PLC( RTP-N, RIO-L) for Aluminum Corp. of China (Chinalco). The approval is subject to the conditions that …
Navasota unperturbed by Rio’s troubles in Guinea
VANCOUVER –Christopher Wild, the president and CEO of Navasota Resources (NAV-V, NAORF-O), doesn’t have any grand delusions about his company’s giant bauxite property in Guinea, West Africa.
Australia allows Chinalco a 15% Rio Tinto stake
The Australian government has approved a maximum limit of 14.99% holding in the shares of mining giant Rio Tinto PL…
Alcoa sees opportunity in Vietnam
Vancouver – Alcoa (AA-N) is moving quickly to take advantage of a new possibility in Vietnam. The government of…
Cleveland-Cliffs to merge with Alpha Natural Resources
After Cleveland-Cliffs (CLF-N) and Alpha Natural Resources (ANR-N) wrap up their merger, the new entity will own ni…
METALS COMMENTARY (July 21, 2008)
In the next 12 months, Citigroup Global Markets thinks Alcoa is going to move to US$50 per share from US$32.78 on the back of stronger aluminum prices.
Is it aluminum’s time to shine? Citigroup thinks so.
In the next 12 months, Citigroup Global Markets thinks Alcoa (AA-N) is going to move from US$32.78 per share to US$…