http://www.commodityonline.com/ India's largest commodity news portal en-us Sat, 07 Nov 2009 15:07:41 GMT 60 Copyright: (C) 2007 Commodity Online India Limited. All Rights Reserved. http://www.commodityonline.com/images2008/commodity_logo.jpg http://www.commodityonline.com/ 144 27 Visit CommodityOnline.com http://www.commodityonline.com/commodity-stocks/Alcoas-Cleveland-facility-set-for-major-expansion-2009-11-06-22721-3-1.html Alcoa's Cleveland Works is the home of two large forging presses the 50 000 ton press under renovation and a 35 000 ton press currently producing large forgings for aerospace applications such as the aluminum bulkheads for the Joint Strike Fighter. GMT http://www.commodityonline.com/commodity-stocks/Itronics-silver-sales-double-in-nine-months-2009-11-06-22718-3-1.html Investors pushed Itronics to a new 52 week high recently after the Company announced its long awaited expansion of its phase one silver processing plant. Itronics' phase one expansion could make the Company one of the largest makers of green silver in the nation. GMT http://www.commodityonline.com/commodity-stocks/Oil-India-rises-as-crude-prices-firm-up-2009-11-06-22708-3-1.html Crude oil prices rose in the international market on the optimism of increased fuel demand amid improved prospects for an economic recovery in the US. GMT http://www.commodityonline.com/commodity-stocks/Capstone-completes-investment-in-Nevada-Copper-2009-11-06-22706-3-1.html Capstone Mining (TSX:CS) has completed a strategic investment in Nevada Copper (TSX: NCU) of $11.25 million. Capstone with two producing mines in Mexico and Canada has purchased 4.5 million shares of NCU at $2.50 per share. The purchase also comes with a whole warrant to purchase an additional share at $3.00 per share. GMT http://www.commodityonline.com/commodity-stocks/Metal-stocks-in-blue-Jai-corp-Tata-Steel-zoom-2009-11-06-22705-3-1.html Metals major Tata Steel Ltd (BOM: 500470) Jai Corp Ltd (BOM: 512237) and Sesa Goa Ltd (BOM: 500295) led the sectoral BSE Metals index in green. GMT http://www.commodityonline.com/commodity-stocks/NALCO-raises-prices-Aluminium-edges-upwards-2009-11-06-22704-3-1.html Indian aluminium maker National Aluminium Company Ltd (Nalco) (BOM: 532234) raised its aluminium products prices on the back of uptrend in overseas markets. GMT http://www.commodityonline.com/commodity-stocks/Public-holding-in-MMTC-NMDC-to-rise-Stocks-zoom-2009-11-06-22703-3-1.html The Indian government on Thursday approved the public listing of all profitable public sector companies giving a boost to the disinvestment agenda of the UPA government. GMT http://www.commodityonline.com/commodity-stocks/Vedanta-profit-tanks-46-in-H1-2009-11-05-22682-3-1.html The company's attributable profit for the first half of the current fiscal stood at $188.2 million as against $350 million in the year ago period Vedanta Resources said in a statement. The company is primarily into production of non ferrous minerals like copper zinc aluminium. It recorded production growth across all segments. GMT http://www.commodityonline.com/commodity-stocks/Cairn-to-sell-1-4-mn-barrel-oil-to-RIL-stock-picks-up-2009-11-05-22664-3-1.html India s largest crude oil refiner Reliance Industries Ltd (BOM: 500325) would now become the first private sector refiner in the country to process domestic crude. The company has signed a deal with Cairn India Ltd (BOM: 532792) to buy oil from company s Mangala oilfields in Rajasthan. GMT http://www.commodityonline.com/commodity-stocks/IMF-Gold-Sale-Will-gold-stocks-surge-now-2009-11-05-22666-3-1.html The buy is bullish because it shows that central banks are looking to diversify their holdings and are willing to do so by buying gold over $1 000 an ounce. Unlike the Elliot Wave theorists they believe that gold over $1 000 is for real. The China Central bank has been buying gold too so India doing buying simply ads another big player into the market. GMT http://www.commodityonline.com/commodity-stocks/Sensex-makes-weak-opening-RIL-Hindalco-sink-2009-11-05-22662-3-1.html Key benchmark index Sensex traded down today at 15688 points down by close to 1.5% or 220 points. Weakness was seen in automobile and realty stocks. The sectoral index BSE Auto fell by over 1% to 6333 points while BSE Realty index was down by over 2% at 3708 points. GMT http://www.commodityonline.com/commodity-stocks/DuPont-eyes-20-earnings-per-share-for-2009-12-2009-11-04-22659-3-1.html America based multi segment major DuPont (NYSE: DD) has set the target to generate about 10% of top line compounded annual growth for the 2009 2012 with estimated full year earnings of 20% per share for the period. GMT