Alpha Natural Resources (NYSE:ANR): CSX believes that utility coal will rebound and export coal will stay strong. The shares closed at $5.61, up $0.08 or 1.45% on the day. They have traded in a 52-week range of $5.42 to $33.59.
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Aurico Gold Inc (AUQ) reports that its Young-Davidson mine achieved commercial production effective on September 1. Located in Matachewan, Ontario, the Young-Davidson mine should be a key, long lived, strategic asset for AuRico which possesses the possibility for significant production and reserve growth. Commercial production was declared when the mine achieved previously established commissioning thresholds, including the mill averaging a minimum throughput level of 5,100 tonnes per day, the open pit averaging 29,750 tonnes per day of ore and waste mining, both over a 30-day period, as well as the commissioning of the flotation and gravity circuits. The production ramp-up at the Young Davidson mine keeps progressing well and the operation should be a major driver of AuRico’s growth profile in the future. Production growth during 2013 and beyond is to be supported by rising contributions of higher grade ore as the underground mine starts production during Q4 of 2012 and ramps up to targeted levels of up to about 8,000 tonnes per day by 2016. The shares closed at $5.54, down $1.45 or 20.74% on the day. They have traded in a 52-week range of $6.06 to $12.52.
Dell Inc. (NASDAQ:DELL): Previously issued guidance has been affirmed by Steve Schuckenbrock, Dell’s President, Services, speaking at Citi Technology Conference. The firm still expects continued solid growth in Enterprise Solutions, Services, and Software. The shares closed at $10.52, down $0.04 or 0.38% on the day. They have traded in a 52-week range of $10.48 to $18.36.
Lam Research Corp. (NASDAQ:LRCX) sees some “big catalysts” during the Fall of next year. The shares closed at $33.26, down $0.37 or 1.1% on the day. They have traded in a 52-week range of $33.18 to $45.48.
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