BARRICK GOLD (ABX $45.40, Rated Neutral) PRICE TARGET INCREASED TO $40 FROM $34 DUE TO GOLD PRICE INCREASES 6/30/2010
BARRICK GOLD (ABX $45.40, Rated Neutral) PRICE TARGET INCREASED TO $40 FROM $34 DUE TO GOLD PRICE INCREASES 6/30/2010
BARRICK GOLD (ABX $45.40, Rated Neutral) PRICE TARGET INCREASED TO $40 FROM $34 DUE TO GOLD PRICE INCREASES 6/30/2010
SPOTMARKETS NEW AUSTRALIAN TAX FORMULA A “PHANTOM” AS TO WHETHER A TAX CUT OR TAX INCREASE 7/6/2010
GENERAL MOLY INC. (GMO $3.18, Rating Raised to OVERWEIGHT From NEUTRAL, Price Target Raised to $6 from $1); HANLONG AGREEMENT, PROGRESS IN DRAFT EIS, AND BETTER GLOBAL STEEL OUTPUT MOVES COMPANY CLOSER TOWARD FULL PRODUCTION 7/7/2010
GRAPHIC REVIEW OF 36 DATA SERIES SHOWS MIXED DEMAND TRENDS 7/8/2010
SPOTMARKETS EXCHANGE INVENTORY DECLINES CONTINUE INTO JULY, BUT WE STILL EXPECT SOME LATER TRADITIONAL “SEASONAL” SLOWDOWNS 7/12/2010
MERCATOR MINERALS (MLKKF US $1.58, Overweight) PRICE TARGET REMAINS AT $4; EARNINGS SUFFER FROM BELOW TARGET MILL TONS AND RECOVERIES; DEBT REFINANCING REDUCES INTEREST EXPENSE 7/13/2010
MERCATOR MINERALS (MLKKF US $1.58, Overweight) PRICE TARGET REMAINS AT $4; EARNINGS SUFFER FROM BELOW TARGET MILL TONS AND RECOVERIES; DEBT REFINANCING REDUCES INTEREST EXPENSE 7/13/2010
ALCOA (AA $11.07, rated Overweight with $18 target) PERFORMANCE BETTER DESPITE SOFT ALUMINUM PRICES; CUT 2010-11 AND RAISED 2012-15 EARNINGS ESTIMATES; RAISED PRICE TARGET TO $18 AND RATING TO BUY 7/13/2010
CENTURY ALUMINUM (CENX $9.94, rated Neutral with $12 target) AWAITING PERMANENT FINANCING OF HELGUVIK SMELTER IN ICELAND; HIGHER ESTIMATED POST-2012 ALUMINUM PRICES AND COST OFFSETS 7/14/2010
WEYERHAEUSER (WY $39.87, rated Neutral with $42 price target) REIT CONVERSION UPDATE; POTENTIAL EXISTS FOR COMPANY BREAK UP 7/14/2010