JOHANNESBURG, Dec 13- Upstart South African miners' union AMCU has increased its membership at Anglo American Platinum, the world's top producer of the metal, by 50 percent in the last five months and now represents 60 percent of shaft workers, the company said on Friday.» Read More
CNBC's Sharon Epperson discusses the day's activity in the commodities markets, and looks at where oil and precious metals are likely headed tomorrow.
The correction in price of gold early in 2011 underscored how much many hedge fund managers – including John Paulson and Greenlight Capital’s David Einhorn– relied on gold for their strong performance last year. The FT reports.
The price action in silver since late January has been dramatic to say the least. The derivatives marketplace CME Group raising margin requirements has been seen by many as the reason for the 20 percent correction in prices since the precious metal hit a record over $49 an ounce on April 28th.
Billionaire Carlos Slim has been selling silver futures for "weeks" in an effort to actively hedge production of his silver mine, a spokesperson confirmed to CNBC Wednesday.
Molycorp is ready to buy other rare earth mining companies should the opportunity arise, said Chief Executive Mark Smith told CNBC Wednesday.
It has been the silver bullet for many investors, the best performing commodity so far this year. Now it's taking a breather. The reason behind the stunningly rapid rise in silver prices in the last few months — the frenzy of speculative interest — may be the main reason for the metal's recent decline.
Rare earth prices are reaching rarefied heights. World prices have doubled in the last four months for rare earths — metallic elements needed for many of the most sophisticated civilian and military technologies, whether smartphones or smart bombs.
A look at why more money is pouring into the rare earth space, with Mark Saxon,Tasman Metals; Anthony Young, Dahlman Rose, and CNBC's Brian Shactman.
CNBC's Brian Shactman talks to industry insiders to find out the next great rare earth investments.
With the Teflon market refusing the take fright from the wall of worry facing investors, one analyst told CNBC the world is beginning to look like a bad horror movie from the 1980s.
With silver prices tumbling for a third straight session, traders are questioning if its record-breaking rally in recent months is finally over.
Is the silver trade over? That was a question for Fast Money Traders Tuesday morning as silver futures continued to weaken, falling below $44 per ounce intra day.
The global uranium industry, crippled by the March 11 earthquake and Tsunami in Japan, is now beginning to come out of the shock. Investors, who were earlier sitting on the sidelines, have re-entered the market to look for bargains.
On Friday Street chatter had everything to do with Ralcorp, the company behind Post cereals, as potentially being on the auction block.
Bullish weak dollar trades? Jon Najarian says big money is betting that the dollar will stabalize.
Silver jumped 6 percent Thursday on the back of dollar weakness after Federal Reserve Chairman Ben Bernanke's dovish remarks Wednesday, but some analysts doubt the price can hit and stay above the $50 mark.
Silver and gold are flashing inflation warnings, even as the Fed chairman tried to allay concerns about rising prices.
Shortly after the start of overnight trading at 12:10 a.m. on Monday, silver futures surged to a multi-year high of $49.82 per ounce. Nine hours later, by the start of stock market trading in the U.S., the May Silver contract was down eight percent.
The details on an international metals love triangle, with Fast Money's Tim Seymour.
Is silver the new safe-haven currency? That was a question for Fast Money traders Monday morning as silver surged to an all-time high.