A Guinean review into ownership of the biggest untapped iron-ore deposit has recommended seizing mining rights owned by a venture of BSG Resources Ltd., billionaire Beny Steinmetz’s company, and Brazil’s Vale SA. (NYSE:VALE). Vale SA (ADR) (NYSE:VALE) stock opened at $13.43 in last session, and closed at $13.04, while the day range of Vale SA (ADR) (NYSE:VALE) stock is $13.00 – $13.44. The stock showed a positive weekly performance of -7.97%.
Alpha Natural Resources, Inc. (NYSE:ANR) announced that it has entered into a consent decree with the US Environmental Protection Agency, US Department of Justice and 3 states regarding claims under the Clean Water Act. Alpha Natural Resources, Inc. (NYSE:ANR) stock opened at $5.29 in last session, and closed at $4.80 by losing -12.41%. The 52 week range of $4.78 – $9.05. Company’s market capitalization is $1.06 billion.
Pacific Ethanol Inc. (NASDAQ:PEIX) stock has been posting close to double digit jump in its market valuation ever since it reported blockbuster results to its fourth quarter and full year operations on 27th February. The speciality chemicals manufacturer also reported that it was restarting operations at its stalled Western U.S plant located at Madera from June of 2014. Pacific Ethanol Inc. (NASDAQ:PEIX) stock decreased -5.31% and finished the last session at $14.61. The EPS of the stock remained -1.52. Company’s market capitalization is $192.52 million.
Rare Element Resources Ltd. (NYSE:REE) was a big mover last session with its shares rising over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Rare Element Resources Ltd (NYSEMKT:REE) stock opened the session at $1.99, and closed the session at $1.84. The 52 week range of the Rare Element Resources Ltd (NYSEMKT:REE) stock remained $1.10 – $3.50 and the day range was $1.78 – $1.99.
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