Basic Material Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Valero Energy (NYSE:VLO), Chesapeake Energy (NYSE:CHK), Vale (NYSE:VALE), Barrick Gold (NYSE:ABX)

Ratings firms have expressed concern about a Brazilian government decision to sell billions of dollars worth of offshore oil rights to Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), saying the move will weigh on the state-run oil company’s cash flow and creditworthiness. The company is formally known, was awarded on Tuesday the rights to explore four offshore fields off Brazil’s southeast coast believed to contain an … Continue reading Basic Material Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Valero Energy (NYSE:VLO), Chesapeake Energy (NYSE:CHK), Vale (NYSE:VALE), Barrick Gold (NYSE:ABX)

FB Nasdaq FB Facebook

Basic Material Stocks: Central GoldTrust (NYSEMKT:GTU), Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX), Cheniere Energy (NYSEMKT:LNG), Barrick Gold (NYSE:ABX)

Central GoldTrust (NYSEMKT:GTU) stock performance was 0.43% in last session and finished the day at $44.73. Traded volume was 204,805.00million shares in the last session and the average volume of the stock remained 39.55K shares. The beta of the stock remained 0.26. Alderon Iron Ore Corp. (Canada) (NYSEMKT:AXX) (“Alderon” or the “Company”) is pleased to announce that it has appointed Mr. Ian R. Ashby, former … Continue reading Basic Material Stocks: Central GoldTrust (NYSEMKT:GTU), Alderon Iron Ore Corp. Ordinary Shares (Canada) (NYSEMKT:AXX), Cheniere Energy (NYSEMKT:LNG), Barrick Gold (NYSE:ABX)

Gilead Sciences GILD NASDAQ:GILD

Hot Alert: IAMGOLD (NYSE:IAG), Barrick Gold Corporation (USA) (NYSE:ABX), Goldcorp Inc. (USA) (NYSE:GG), Randgold Resources Ltd. (ADR) (NASDAQ:GOLD), ConocoPhillips (NYSE:COP)

Now that Toronto’s IAMGOLD Corp (USA) (NYSE:IAG) is drilling at the Monster Lake gold project 45 km southwest of Chibougamau, the property is shows signs of living up to its name. Hole ML-14-108 returned 11.55 g/t Au over 10.47 metres, including 48.90 g/t over 2.0 metres. Hole ML-14-110 assayed 13.65 g/t Au over 3.77 metres, including 46.0 g/t over 1.10 metres. IAMGOLD Corp (USA) (NYSE:IAG) … Continue reading Hot Alert: IAMGOLD (NYSE:IAG), Barrick Gold Corporation (USA) (NYSE:ABX), Goldcorp Inc. (USA) (NYSE:GG), Randgold Resources Ltd. (ADR) (NASDAQ:GOLD), ConocoPhillips (NYSE:COP)

Basic material active stocks: Barrick Gold Corporation (NYSE:ABX), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Walter Energy (NYSE:WLT)

ZAMBIAN-born international economist Dambisa Moyo is among 11 other Barrick Gold Corporation (USA) (NYSE:ABX) shareholders who have been elected as directors for the global miner which owns Lumwana Mine in Solwezi. The controversial economist who writes on macroeconomy and global affairs was elected as a director on Wednesday after receiving 592,898,749 votes or 97 per cent of the possible total votes available. This is according … Continue reading Basic material active stocks: Barrick Gold Corporation (NYSE:ABX), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Walter Energy (NYSE:WLT)

Gold Stocks To Watch: Kinross Gold (NYSE:KGC), Eldorado Gold (NYSE:EGO), Barrick Gold (NYSE:ABX), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)

HSBC has modified their ratings on a number of other stocks in the few days. The firm lowered its price target on shares of Kinross Gold Corporation (USA) (NYSE:KGC) from $6.40 to $5.70. Kinross Gold Corporation (USA) (NYSE:KGC) stock performance was 2.20% in last session and finished the day at $4.18. Traded volume was 5.55million shares in the last session and the average volume of … Continue reading Gold Stocks To Watch: Kinross Gold (NYSE:KGC), Eldorado Gold (NYSE:EGO), Barrick Gold (NYSE:ABX), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)

Basic Material Most Active: Vale (NYSE:VALE), Petroleo Brasileiro Petrobras (NYSE:PBR), Barrick Gold (NYSE:ABX), Cabot Oil & Gas (NYSE:COG)

Brazil’s Superior Justice Tribunal, the country’s second highest court, on Thursday ruled in favour of iron ore giant Vale SA (ADR) (NYSE:VALE) in a dispute over taxation of foreign subsidiaries. Reuters reports the court ruled 3 to 1 that Brazilian treaties with Belgium, Luxembourg and Denmark prevented Brazil from taxing the profits of Vale SA (ADR) (NYSE:VALE) units in those countries, although it also said … Continue reading Basic Material Most Active: Vale (NYSE:VALE), Petroleo Brasileiro Petrobras (NYSE:PBR), Barrick Gold (NYSE:ABX), Cabot Oil & Gas (NYSE:COG)