Metals and Mining Diversified Metals and Mining


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    Thyssenkrupp cut its full-year forecasts on a drop in prices for materials including steel that it said were sharper than it had expected.

  • *Europe stocks led lower by miners, Asia closes lower. NEW YORK, May 4- Global equity markets fell for a second straight day on Wednesday on mostly weak economic data while metals prices slipped on renewed concerns of a downturn in global growth. In Europe, surveys indicated that growth in the euro zone will be slow but steady, underscoring concerns about the...

  • LONDON, April 21- Anglo American Plc reported lower first-quarter production across most of its mining businesses on Thursday ahead of its annual meeting, where shareholders have been urged reject CEO Mark Cutifani's pay. Last week, a big percentage of shareholders in BP voted against chief executive Bob Dudley's $20 million pay deal for 2015..

  • New data has shone a light on the potential pitfalls for investors who are seeking sizeable returns from the metal lithium.

  • TORONTO, April 12- Canada's main stock index notched its biggest jump in more than five weeks on Tuesday, bouncing higher as a spike in the price of oil boosted energy stocks and supported financials. The overall energy group surged 5.2 percent as oil prices hit four-month highs after a report that Russia and Saudi Arabia agreed to freeze output ahead of a meeting...

  • *Greybull deal saves more than 4,400 jobs in UK, 400 in France. As Tata formally announced the sale of its steel assets in Britain, turnaround specialist Greybull Capital LLP said it would buy the Indian company's Long Products Europe division in Scunthorpe, northern England, which employs 4,400. It declined to rule out further purchases of Tata's British steel...

  • *Greybull deal saves more than 4,000 jobs. Greybull said it would buy Tata's Long Products Europe division in Scunthorpe, northern England, which employs 4,400, while the process to secure a buyer to save the Indian steelmaker's other major plant at Port Talbot in Wales also kicked off on Monday. Greybull said it was arranging a 400 million pound investment and...

  • We're going to see supply side cuts in mining: CEO

    Nick Clarke, CEO of Central Asia Metals, shares his outlook for the mining sector and the uncertainty around copper prices and oversupply.

  • The problems facing Europe's steel makers

    Chinese exports are a factor in the European steel industry's downturn, according to Alessandro Abate, head of metals & mining at Berenberg.

  • SANTIAGO, April 5- Anglo American Plc expects prices for copper to remain low for the next three to five years, prompting the global miner to focus on lowering costs at its mines, the head of the company's copper business said on Monday. We want our assets to be low cost, " Hennie Faul, the head of Anglo's copper business, told Reuters in an interview ahead of the annual...

  • Miners: Where the value lies

    Libra Investment Services founding partner Rob McCreery explains why he’s not reluctant to get involved in mining stocks, despite uncertainty in global markets.

  • Vapor rises above Tata Steel's plant in Port Talbot, south Wales, on January 18, 2016.

    A steelmaking crisis gripping the U.K. has led analysts to question the long term viability of the industry in the country.

  • Gold prices in process of bottoming out: BAML

    Michael Widmer, metals strategist at Bank of America Merrill Lynch, discusses how central banks have an influence on the gold price, and where the commodity is heading.

  • An employee uses an angle grinder on the production line of the tube mill at the manufacturing facility of Uttam Galva Steels Ltd., the Indian unit of ArcelorMittal, in Khopoli, Maharashtra, India.

    Britain's once-mighty steel industry looked in dire straits Wednesday with politicians and union leaders calling for state intervention.

  • LONDON/ MUMBAI, March 30- India's Tata Steel is seeking to sell Britain's biggest steelmaking business, putting thousands of jobs at risk in an industry that once dominated Britain but has been brought low by falling prices, high costs and Chinese competition. After a marathon board meeting in Mumbai, Tata said it would draw a line under its almost decade-long...

  • Is now the time to invest in mining?

    Paul Renken, chief geologist and mining analyst at VSA Capital, says now is the time for bottom-fishing for those who want mining stocks.

  • MUMBAI, March 30- India's Tata Steel, Britain's largest steelmaker, put its entire UK business up for sale to stem heavy losses, a move that would draw a line under its almost decade-long foray into Britain's declining steel industry. After a marathon board meeting in Mumbai, the steel giant said the financial performance of its UK arm had deteriorated sharply in...

  • *UK arm's performance deteriorates sharply- Tata. MUMBAI, March 30- India's Tata Steel, Britain's largest steelmaker, is considering the sale of its entire UK business to stem heavy losses, a move that would draw a line under its almost decade-long foray into Britain's declining steel industry. Blaming high manufacturing costs, domestic market weakness and...

  • Don't write off China: Fortescue's Andrew Forrest

    Andrew Forrest, chairman of Fortescue Metals Group, praises the volume of growth of the Chinese economy.

  • What's the outlook for commodities?

    The CEOs of some of the world's largest mining companies share their outlook for commodity prices.