Commodities articles

Occidental Petroleum to spin off California assets, move to Houston

Occidental Petroleum is ending a nearly century-long run as a storied Los Angeles energy company and moving its headquarters to Houston as part of a corporate overhaul. The nation’s fourth-largest oil firm also announced plans Friday to spin off its California assets into a separate publicly traded company based in the Southland. Occidental will continue

Gold Miner Breakout, Hecla Can Still Double

It has not been an easy time for gold bugs over the last year or so. Now imagine being a gold miner or producer when gold prices were cratering. Many producers and miners are still taking charges and writing down the value of their gold reserves, but the stocks of these companies are starting to

Aura Minerals: High Risk, Higher Reward

Executive summary: Aura Minerals shares have collapsed due to weak metal prices and the risky nature of its mining assets. The value of the company’s assets far exceeds its current valuation. If management can bring this value out in a timely fashion the shares can generate triple digit returns in a short period of time.

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