Anglo American

Anglo American (LON:AAL), Kinross Gold (NYSE:KGC) and AngloGold Ashanti (NYSE:AU) All Drop As Gold Prices Fall

Gold miners have been taking a hit today, especially right before noon, when traders tend to make their moves, and gold prices along with it. Anglo American (LON:AAL) (AAUKF:PK), Kinross Gold Corp (TSE:K) (NYSE:KGC) and AngloGold Ashanti (NYSE:AU) all dropped in unison with gold prices during that time. Anglo American was down to 2,358.00 in London, shedding $115.50, or 4.67 percent, as of 11:35

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Investing in Rhodium, the World’s Most Expensive Metal

Investing in Rhodium, the World’s Most Expensive Metal

It’s one of the most exotic metals in the world. 100 times rarer than gold… 150 times more expensive than silver. In fact it’s the most expensive of all precious metals. Yet no matter its rarity or cost, this metal is absolutely vital to the rapidly recovering automobile industry. The metal I’m talking about is rhodium. Advertisement The Last American Oil Boom in Your Lifetime For the first time in nearly twenty years, the U.S. finally managed to increase oil production… And it wasn’t the once-mighty oil fields of Texas that suddenly sprung to life. It’s being hailed as America’s last oil boom, and it’s the reason one state’s oil production jumped almost 30% in just one year. Click here to find out how this little-known oil field is starting to attract world-wide attention… The World Rhodium Market Rhodium— along with platinum, palladium, ruthenium, iridium, and osmium— is part of a group of elements referred to as the platinum group metals (PGMs) or platinum group elements (PGEs). Platinum group metals have similar physical and chemical properties, but rhodium is the rarest. Some of rhodium’s principal applications are as a finish for jewelry, mirrors, optical instruments, in electrical connections, and in aircraft turbine engines. But the predominant use of rhodium is in catalytic converters for automobiles, for which — especially in diesel engines — the metal has no substitute. As much as 80%-90% of annual rhodium supplies go into the production of automotive catalytic converters, which convert harmful gases from auto exhaust into less harmful substances. Rhodium is exceedingly rare. And there are no pure rhodium mines in existence; rhodium is produced entirely as a byproduct of…

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Zacks #1 Rank Additions for Monday – Zacks Tale of the Tape

Filed in Anglo American, Gold Investing, Gold Prices by on April 19, 2010 0 Comments

Here are the stocks added to the Zacks #1 Rank (“strong buy”) List today: Anglo American Plc ( AAUKY ) Cognex Corp ( CGNX ) Collective Brands Inc ( PSS ) EDAP TMS SA ( EDAP ) Hooker Furniture Corp ( HOFT ) Local.com Corp ( LOCM ) National Instruments Corp ( NATI ) Network Engines, Inc ( NENG ) Physicians Formula Holdings, Inc ( FACE ) Rayonier Inc ( RYN ) TFS Financial Corp ( TFSL ) Union Pacific Corp ( UNP ) United Parcel Service, Inc ( UPS ) View the entire Zacks #1 Rank List . “AAUKY” Free Stock Analysis: Buy? Sell? Hold? “CGNX” Free Stock Analysis: Buy? Sell? Hold? “PSS” Free Stock Analysis: Buy? Sell? Hold? “EDAP” Free Stock Analysis: Buy? Sell? Hold? “HOFT” Free Stock Analysis: Buy? Sell? Hold? “LOCM” Free Stock Analysis: Buy? Sell? Hold? “NATI” Free Stock Analysis: Buy? Sell? Hold? “NENG” Free Stock Analysis: Buy? Sell? Hold? “FACE” Free Stock Analysis: Buy? Sell? Hold? “RYN” Free Stock Analysis: Buy? Sell? Hold? “TFSL” Free Stock Analysis: Buy? Sell? Hold? “UNP” Free Stock Analysis: Buy? Sell? Hold? “UPS” Free Stock Analysis: Buy? Sell? Hold? Zacks Investment Research

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Anglo American (LSE:AAL) Rating Upwardly Revised by Moody’s

Filed in Anglo American, Gold Prices, moodys by on April 1, 2010 0 Comments

Moody’s Increases Anglo American Rating Anglo American (LSE:AAL) received an upwardly revised outlook on their Baa1/P-2 senior unsecured ratings from Moody’s, as they changed them from negative to stable. Much of the reason for being revised upward according to Moody’s was improved operations and a more favorable economic climate perceived to be in the beginnings of recovery. Operationally,

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