*Cevian, Union Investment criticize raised dividend. FRANKFURT, Jan 28- Indebted German industrial group Thyssenkrupp faced calls on Thursday from two influential shareholders not to pay a dividend, but to strengthen its balance sheet instead. Chief Executive Heinrich Hiesinger warned on Thursday that the company's ability to hit its financial forecasts...» Read More
Barry Dawes, head of resources at Paradigm Securities, says Moody's review of Vale's ratings for a potential downgrade could mean further downside for other major miners.
Paul Gait, senior research analyst for metals and mining at Sanford Bernstein, says Chinese demand for commodities has declined while supply has accelerated, impacting shares in mining companies.
Macquarie precious metals analyst, Matthew Turner explains why he believes 2016’s second quarter could be “difficult” for safe havens like gold.
Radioactive metal uranium was the top-performing mining commodity in price terms this year and looks set to gain further in 2016.
A judge in Brazil's state of Minas Gerais has frozen the Brazilian assets of mining giants BHP Billiton and Vale.
With coal prices down and demand weak, Qiu Zhijie, owner of Yongshun mine in Inner Mongolia, says "the more coal I sell, the more money I lose everyday."
JOHANNESBURG/ LONDON, Dec 10- Anglo American's plans to shut or sell dozens of loss-making mines have failed to halt a dramatic slide in its share price and it may need to sacrifice stronger parts of the business or raise cash from shareholders to pay down its debt. The company, which grew from gold fields near Johannesburg to dominate diamond, platinum and, to some...
Tom Stevenson, investment director at Fidelity Worldwide Investment, discusses the commodities sector and Glencore's plan to reduce its debt pile.
Nirgunan Tiruchelvam, research director of Religare Capital Markets. says the Freeport issue in Indonesia underlines the need for transparency in the international commodities space.
Dec 9- Freeport-McMoRan Inc on Wednesday suspended its annual dividend and made deeper cuts in capital spending and copper production, the latest mining company to act to preserve cash as a commodities' price downturn enters its fifth year. Shares in the U.S. diversified miner and oil producer jumped 9.9 percent to $7.41 a share on Wednesday morning, getting...
JOHANNESBURG, Dec 8- Anglo American will sell more assets, suspend dividends until the end of 2016 and whittle down its business divisions to three from six in the face of severe commodity price falls, the mining company said on Tuesday. The London- listed company will form three divisions: De Beers for diamonds, Industrial Metals for platinum and base metals, and...
Mining stocks suffered from relentless selling on Tuesday, with Anglo American tumbling over 11 percent to a fresh record low.
Carole Ferguson, senior mining research analyst at SP Angel, discusses the restructuring efforts by Anglo American.
JOHANNESBURG, Dec 8- Anglo American will sell more assets, suspend dividends until the end of 2016 and whittle down its business divisions to three from six in the face of severe commodity price falls, the mining company said on Tuesday. Anglo said it would cut its assets by 60 percent, reduce its workforce to 50,000 from 135,000 and form three divisions: De Beers for...
Anglo American announced restructuring steps including plans to consolidate into three business units, sell more assets and suspend dividends.
Barry Norris, founder and CIO of Argonaut Capital, discusses the mining sector and says the managers of these companies need to work out how to run a commodities company in a bear market.
MELBOURNE, Dec 3- London copper slipped on Thursday, facing headwinds from ebbing demand growth in top consumer China and a steadily strengthening U.S. dollar. *Fighting stubbornly low inflation, the European Central Bank is expected to ease policy further on Thursday, delivering a cocktail of measures that could include a deposit rate cut and changes to its...
CNBC's Geoff Cutmore discusses the latest economic data from Russia which has received support from the mining sector.
Veteran emerging markets investor Mark Mobius has warned of a worse-than-expected slowdown in Chinese steel production.
CNBC's Jackie DeAngelis reports on the moves in the metals markets after Turkey shoots down a Russian warplane.