September 30, 2009

Energy Transfer Partners launches 6M unit offering (AP)

Energy Transfer Partners LP, a natural gas and propane gas distributor, said Wednesday it began a public offering of 6 million common units.

Categories: Commodities Trading 

Mines Management Appoints Michael G. Rasmussen as Vice President of Exploration (Business Wire)

SPOKANE, Wash.—-MINES MANAGEMENT, INC. is pleased to announce that Michael G. Rasmussen, Ph.D., CPG, has been appointed Vice President of Exploration.

Categories: Commodities Trading 

Halter USX China Index Up 10.59% for Third Quarter 2009 (Business Wire)

DALLAS—-For the third quarter of 2009, the Halter USX China Index was up 10.59%. During the same period, the Dow Jones Industrial Average increased 14.98% and the NASDAQ increased 15.66%.

Categories: Commodities Trading 

Pollution lawsuit against Barrick reinstated (AP)

A federal appeals court has reinstated a nearly four-year-old lawsuit accusing a subsidiary of Barrick Gold Corp. of polluting water and land for decades in a province of the Philippines.

Categories: Commodities Trading 

Noranda to Increase Production at New Madrid Aluminum Smelter (Business Wire)

FRANKLIN, Tenn.—-Noranda Aluminum Holding Corporation confirmed that its New Madrid aluminum smelter has initiated steps to return operations to full effective capacity, including the recall of 38 hourly employees in preparation for the restart of its third potline in early October.

Categories: Commodities Trading 

USDA: North Dakota farmers produce huge wheat crop (AP)

North Dakota farmers this year produced their biggest spring wheat crop in 13 years, thanks to a record yield. The Agriculture Department says in its annual small grains report that production of spring wheat in North Dakota in 2009 stood at 291 million bushels, up 18 percent from last year and the highest since the [...]

Categories: Commodities Trading 

USDA: South Dakota wheat production down in 2009 (AP)

Wheat production in South Dakota this year fell significantly from last year’s record production. The Agriculture Department says in its annual small grains report that production of all wheat in South Dakota in 2009 stood at 129.2 million bushels, down 25 percent from last year.

Categories: Commodities Trading 

Oil tops $68 on gasoline inventory drop, demand (Reuters)

Oil rose above $68 per barrel on Wednesday, buoyed by a drop in U.S. gasoline inventories and a weak dollar. U.S. government weekly oil data on Wednesday showed a 1.6 million barrel drop in gasoline inventories, which was line with separate figures from industry group American Petroleum Institute but against analysts’ forecast for an increase.

Categories: Commodities Trading 

Stocks tumble on drop in manufacturing activity (AP)

A surprise drop in a key regional economic indicator has sent stocks reeling. The Chicago Purchasing Managers Index on Wednesday fell to 46.1 in September rather than rising to the 52 that economists expected.

Categories: Commodities Trading 

Betty T. Yee Announces California Gasoline Demand Rose for Month and Quarter (Business Wire)

SACRAMENTO, Calif.—-Betty T. Yee, Chairwoman of the Board of Equalization , today released gasoline consumption figures for June and total figures for the second quarter of 2009. This is the first quarterly increase in more than three years, since the first quarter of 2006.

Categories: Commodities Trading