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Metals and Mining Diversified Metals and Mining

  • TORONTO, May 12- Canada's main stock index closed marginally lower on Friday, weighed by alternative lender Home Capital Group Inc after it acknowledged uncertainty about its ability to continue as a going concern, while natural resource stocks lent support. Excavation company Badger Daylighting Ltd ended down 14.3 percent at C $26.20 after reporting...

  • TORONTO, May 12- Canada's main stock index slipped on Friday morning after alternative lender Home Capital Group Inc acknowledged uncertainty about its ability to continue as a going concern. At 10:25 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was down 9.33 points, or 0.06 percent, to 15,541.22. Diversified miner Teck Resources rose 2.3...

  • Miles of unused pipe, prepared for the proposed Keystone XL pipeline, sit in a lot on October 14, 2014 outside Gascoyne, North Dakota.

    Commodity prices usually rally as the Fed heads into a hiking cycle, but it might be different this time, Goldman said in a note Monday.

  • TORONTO, May 4- Canada's main stock index fell in morning trading on Thursday as the country's heavyweight energy and mining sectors lost ground amid a drop in commodity prices and as investors digested a string of corporate earnings. Canada's energy group, which accounts for more than a fifth of the index's weight, retreated 2.3 percent. TransCanada Corp fell 1...

  • TORONTO, April 25- Teck Resources Ltd, North America's largest producer of steelmaking coal, reported earnings and revenue that lagged expectations on weakness at its zinc unit, sending its U.S.-listed shares down about 6 percent. TD Securities analyst Greg Barnes said the earnings miss reflects lower sales and higher costs at Teck's zinc unit, which he had...

  • *Thousands of "zama zamas" mine gold illegally in South Africa. WESTONARIA, South Africa, April 21- Illegal gold mining has plagued South Africa's mining companies for decades, robbing the industry and state coffers of billions of rand through smalltime pilfering as well as networks run by organised crime. "We will have them out then," Sibanye's Chief Executive Neal...

  • SYDNEY, April 21- Zinc led an across-the board rise in Shanghai base metals futures on Friday on the back of robust gains in overnight London trading and buoyant equity markets. *The most-traded zinc contract on the Shanghai Futures Exchange climbed more than 3 percent to 21,915 yuan a tonne. *Three-month zinc on the London Metal Exchange was slightly weaker at...

  • Where are iron ore prices headed?

    Jonathan Barratt, Ayers Alliance Securities, weighs in on Rio Tinto guidance and says iron ore prices will find a base.

  • TORONTO, April 18- Canada's main stock index slipped on Tuesday as banks and mining stocks weighed with lower commodity prices and bond yields, while investors also digested disappointing quarterly results from two U.S. corporate heavyweights. Prices for copper, lead and zinc all fell on Tuesday, as geopolitical tension over North Korea fueled risk aversion.

  • A worker loads an aluminum coil onto a loading dock at the Arconic Inc. manufacturing facility in Alcoa, Tennessee

    Investors believe new leadership will help Arconic capitalize its cost-cutting, says Jorge Beristain.

  • *Korea tensions, lack of Trump spending plans weigh. LONDON, April 12- Copper slid to three-month lows on Wednesday as a tentative recovery in broader financial markets lost steam, with geopolitical tensions and fading hopes of a boost to U.S. demand putting pressure on prices. The metal slipped this week along with other cyclical assets as concerns over North...

  • *Korea tensions, lack of Trump spending plans weigh. LONDON, April 12- Copper eased to one-month lows on Wednesday, shrugging off a tentative recovery in broader financial markets as geopolitical tensions and fading hopes for a boost to U.S. demand pressured prices. The metal slipped this week along with other cyclical assets as concerns over North Korea and the...

  • LONDON, April 11- Copper steadied on Tuesday after hitting a two-week low as the world's top two copper mines continue to recover from recent disruptions, while zinc fell to a new three-month trough. Copper has faltered after BHP Billiton restarted production in Chile last week and Freeport McMoRan said it was waiting for final details on a temporary export...

  • LONDON, April 11- Copper steadied on Tuesday after hitting a one-week low, as the world's top two copper mines continue to recover from recent disruptions, while zinc fell to a new three-month trough. Copper has faltered since BHP Billiton restarted production at the Escondida mine in Chile last week and Freeport McMoRan said it was waiting for final details on a...

  • Copper has faltered since BHP Billiton resumed shipments from its Escondida mine in Chile last week and Freeport McMoRan said it was waiting for final details on a temporary export permit in Indonesia. "There's no real demand growth indicated by imports from China," he added. *COPPER: London Metal Exchange copper edged up 0.2 percent to $5,760 a tonne by 1256 GMT,...

  • VANCOUVER, March 28- More partnership deals are likely in the gold industry as miners start investing in new projects again but are keen to lower the risk, analysts said after Goldcorp Inc and Barrick Gold Corp's announced a 50-50 joint venture in Chile. As part of a complex series of transactions costing Goldcorp about $445 million up front, the Vancouver- based...

  • VANCOUVER, March 28- Goldcorp Inc will team up with larger peer Barrick Gold Corp to work on developing gold mines in northern Chile, it said on Tuesday, as the industry starts to invest in new projects again. As part of a complex series of transactions costing Goldcorp about $445 million upfront, the Vancouver- based company has agreed to buy fellow Canadian miner...

  • VANCOUVER, March 28- Barrick Gold Corp and Goldcorp Inc, the world's No. 1 and No. 3 gold miners by value, have agreed to team up to potentially develop gold projects in northern Chile, Goldcorp said on Tuesday, as the industry starts to put money into growth again. In a complex series of transactions costing Goldcorp around $445 million upfront in cash and shares, the...

  • Panoramic view of Almaty city in Kazakhstan.

    China's ambitious One Belt, One Road initiative is already becoming a reality, a resources executive said Thursday.

  • Haul trucks and other heavy machinery stand at Freeport McMoRan's Grasberg copper and gold mining complex in Papua province, Indonesia, on Wednesday, April 22, 2015.

    Freeport McMoRan's Indonesian unit has resumed production of copper concentrate at its giant Grasberg mine.