Barclays Capital

Results 1 - 10 of about 14 news for the tag: Barclays Capital.

Shares of several large aluminum producers rise on weak inventories, supply concerns

June 15th, 2008

Shares of several U.S. aluminum producers moved higher Friday as low inventories and tight supply raised prospects for continued price hikes.
Barclays Capital said in a research report that demand growth for aluminum, though slower this year than last, has remained robust.
Also, consumer inventories of aluminum are at relatively low levels in both the U.S. and [...]

Shares of Aluminum Producers Mostly Gain As the Price of the Commodity Rises

April 7th, 2008

Shares of most aluminum producers rose Monday as prices for the commodity rose, offsetting a warning from a Deutsche Bank analyst.
FBR Capital Markets analyst Amir Arif said in a client note that he is “most concerned about (Pittsburgh-based Alcoa Inc.), not so much on the expected first quarter 2008 results, but on second quarter 2008 [...]

Albidon says gets $60 mln for Zambia nickel mine

April 30th, 2007

Australia’s Africa-focused miner Albidon Ltd said on Monday it had secured $60 million of senior debt financing from two major European banks for its flagship nickel project in Zambia.
“The European Investment Bank (EIB) and Barclays Capital have formally approved and signed a senior debt finance facility of up to US$60 million for the Munali Nickel [...]

Copper Falls as Chinese Supply Increases; Lead, Nickel Gain

April 28th, 2007

Copper rose in London on speculation that a slumping dollar will encourage buyers holding other currencies to purchase the metal. Lead and nickel advanced.
The U.S. currency dropped to an all-time low against the euro after a government report showed that the U.S. economy grew last quarter at the slowest pace in four years. A change [...]

Acquired Business Includes Centennial Power and Colorado Energy Management

April 27th, 2007

Energy industry executive Paul Prager and Natural Gas Partners (”NGP”), the leading investment franchise in the energy industry, today announced that they have entered into an agreement to acquire the domestic independent power production and power development business units of MDU Resources Group, Inc. in a transaction valued at $636 million. The business being [...]

Copper Trades Above $8,000 for Second Day on Rally; Tin Drops

April 19th, 2007

Copper rose in London, trading above $8,000 a metric ton for a second day, on speculation a protest by workers at the world’s second-largest mine will disrupt supplies.
About 5,000 employees at Freeport-McMoRan Copper & Gold Inc.’s Grasberg operations in Indonesia held a rally at a nearby town to demand pay increases. Representatives from Tongoi Papua, [...]

Albidon progresses on nickel and zinc while partner company outlines uranium anomalies

February 10th, 2007

Albidon Ltd listed on both AIM and the ASX in March 2004 with a view to developing its portfolio of nickel-platinum projects in Southern Africa. The ticker symbol is ALD on AIM and ALB on the ASX; market capitalisation is approximately £109 million or US$215 million. The company states that its strategy is threefold: to [...]

Copper, nickel and zinc up but seen vulnerable

January 10th, 2007

Copper, zinc and nickel bounced back on Wednesday after losing ground since the start of the year, but the market is vulnerable, analysts said.
“We are seeing a recovery in nickel and zinc…the two that had been hit the hardest by the selling over the last few days,” analyst Kevin Norrish at Barclays Capital said.
“It is [...]

Gold Mining Stocks End Mixed After Gold Prices Waver Then Finish Higher

January 10th, 2007

Shares of gold producers ended mixed Tuesday after gold prices stumbled before regaining their footing to finish higher.
The March gold contract rose after a volatile trading day to settle up $5.60 to $618 an ounce on the New York Mercantile Exchange.
A report by Barclays Capital said speculators have increased their long positions in the gold [...]

Oil Declines on Warm U.S. Weather Forecast, Rising Inventories

October 31st, 2006

Crude oil tumbled for a second day on forecasts that warm U.S. weather will curb demand from the world’s largest energy consumer and bolster inventories that are already above average.
Higher-than-usual temperatures are expected in most of the U.S. from Nov. 7 until Nov. 13, the National Weather Service reported. U.S. crude inventories, already 12 percent [...]