*Glencore to cut 500,000 tonnes of annual zinc production. LONDON, Oct 9- Zinc surged 12 percent to a two-month peak on Friday and other base metals also rose strongly after commodities group Glencore said it would cut its zinc output by a third, sparking a short-covering rally across the board. Zinc's spurt higher, its biggest one-day gain in at least a decade,...» Read More
China’s GDP grew at its slowest pace in three years in the second quarter, but other less-cited indicators are already signaling that the world’s second-largest economy may be starting to turn around.
Shares of mining giants may have slumped this year on falling demand from China and as investors shun assets but they may be due for a bounce.
U.S. demand for coal is at a 24-year low, and inventories are continuing to build as the global economy slows. Wilbur Ross, WL Ross & Company chairman/CEO, discusses whether investors should expect more trouble ahead for the commodity.
Coal prices in China have fallen almost 20 percent since the beginning of the year, with analysts expecting further declines as inventories remain high and coal mines in China continue to ramp up production.
Having suffered one blow from the Senate this week, King Coal faces another one from the EPA next week.
Richard Anderson, Delta Air Lines CEO, discusses the expansion of international travel, and why his company is looking beyond the U.S. borders for big profits, with CNBC's Phil LeBeau.
CSX chief Michael Ward told CNBC's Squawk Box Wednesday that having "a very diversified portfolio of shipments" overcame a 14 percent decline in coal shipments in the first quarter.
SouthGobi Resources may be about to lose one ‘big brother’ but stands to gain an even larger one with greater clout, if a proposed deal by Chalco to buy Ivanhoe Mining’s controlling stake in the Mongolian-focused coal producer is completed.
India, the world's third largest importer of thermal coal, is expected to start rebuilding inventories in the second quarter of 2012, which could boost shares of thermal coal companies in Southeast Asia, says Macquarie Securities.
The Fast Money traders, along with Paul Forward, Stifel Nicolaus, take a look at the market's decline and what's going on with coal producers, which opened at new, multi-year lows.
Michael Sutherlin, Joy Global president & CEO, discusses his stock's hard landing on yesterday's earnings miss, and its future growth prospects in emerging markets, with Mad Money's Jim Cramer.
Mad Money's Jim Cramer explains why selling CONSOL Energy is one of the easiest calls he's ever made. Coal and natural gas are in the doghouse, and when investors understand the weakness in commodities, they'll understand why this stock can't be owned.
Discussing Glencore's $41B acquisition of Xstrata and its impact on other commodity mergers, with Anthony Young, Dahlman Rose analyst.
Mad Money's Cramer compares and contrasts Caterpillar to Joy Global, and concludes CAT's vast sales force, financing arm, and service division, make it a better play, but only on a pullback.
Discussing the EPA's new regulations on coal plants and the company's juicy 4.6% yield, with Nick Akins, American Electric Power CEO, and Mad Money's Jim Cramer.
The average UK household will be in “fuel poverty” by the next election in 2015 if energy bills, which have almost doubled as a share of median income since 2004, stay on their current path, the FT reports.
Mad Money host Jim Cramer talks with First Energy's CEO, Tony Alexander on how the company will benefit from providing cleaner coal than government regulations require, and its plans to continue paying out big dividends, and consistent earnings.
Qantas Airways says it is canceling and delaying dozens of flights because of a strike by its ground workers and engineers. The Australian carrier says 8,500 domestic and international passengers will have their flights disrupted by Friday's strikes. Qantas says 39 flights will be delayed and two flights canceled.
Cramer responds to the Federal Reserve's warning of "significant downside risk" to the global economy.
Cramer talks with Mike Sutherlin, Joy Global CEO about the fallout from two important coal companies cutting their shipment forecast and its impact on mining equipment makers.