TORONTO, Aug 22- Canada's main stock index fell on Monday as lower oil and metal prices weighed on energy and mining stocks, while Alimentation Couche-Tard Inc jumped after the convenience store operator bought a U.S. chain in an expansion move. The energy group retreated 1.2 percent, with oil prices falling as China ramped up exports of refined products, U.S. oil...
TORONTO, Aug 19- Canada's main stock index closed a fraction lower on Friday as investors awaited bank earnings and more talk from the U.S. Toronto Stock Exchange's S&P/TSX composite index closed down 8.22 points, or 0.06 percent, at 14,687.46. Canada's biggest banks report third-quarter earnings starting with Bank of Montreal next Tuesday followed by Royal...
TORONTO, Aug 19- Canada's main stock index was barely higher on Friday, as gains for bank, consumer and railway stocks offset declines for miners which fell on weaker metals prices. The most influential weights on the stock index included Barrick Gold Corp, which fell 0.8 percent to C $26.67. Silver Wheaton Corp fell 2.1 percent to C $38.27 and First Majestic Silver...
BHP Billiton reported a record $6.4 billion annual loss on Tuesday, hammered by a bad bet on shale, a dam disaster in Brazil and a commodities slump.
BHP Billiton CEO Andrew Mackenzie talks about his “exciting” plan to grow the value of the company, while commenting on the mining giant's balance sheet.
BHP Billiton CEO Andrew Mackenzie cites exceptional charges for the Samarco dam flood, the company's onshore U.S. business and some tax matters for the record $6.4 billion annual loss.
BHP Billiton CEO Andrew Mackenzie says the company would like to have “slightly lower debt,” while commenting on the strategic moves it has made in recent years.
BHP Billiton CEO Andrew Mackenzie talks about the current state of the commodity markets, with specific comment on China and iron ore.
SYDNEY, Aug 16- Too costly to shut down and too inefficient to include in last year's spin off of unwanted assets, BHP Billiton's much-maligned Nickel West division is making a comeback. "In many ways, this is the business that has led the charge on making things more efficient, despite a very difficult market," BHP Chief Executive Andrew Mackenzie said after the...
Aurora Funds Management's Hugh Dive says he has miners stocks because there is a lack of clarity on outlook.
Iron ore prices will remain choppy through 2016, but are expected to rise steadily in the next two years, says Prestige Economics' Jason Schenker.
Lonmin miners still live in the "truly appalling" conditions that were a major cause of the fatal strikes four years ago, Amnesty International says.
Zambia's president has been re-elected in a closely contested vote, the country's electoral commission announced Monday.
Gold buyers may be the Donald Trump voters of the commodities market, says an analyst who thinks this year's bullion rally may push prices above $1,500.
BEIJING, Aug 5- China's regional economies showed a marked divergence in performance in the first half of 2016, with provinces reliant on steel making and mining reporting weak or no growth but some larger cities thriving. The northeastern steel-making province of Liaoning reported its economy shrank by 1 percent in the first half of 2016 from the same period...
Annalisa Jeffries of Platts notes that strong Chinese demand has led to a turnaround for the commodity.
Rio Tinto may have presented a subdued global outlook, but it still boasts solid growth projects, according to Rob Brierley of Patersons Securities.
SAO PAULO, Aug 3- Brazil's Vale SA is considering raising as much as $10 billion from the sale of up to 3 percent of future iron ore output to undisclosed Chinese companies, two sources with direct knowledge of the matter said. The deal, along with a series of planned asset sales, could help Chief Executive Officer Murilo Ferreira reach his goal of reducing Vale's...
Rio Tinto may do more copper exploration as China moves toward a consumer-led economy, says Ayers Alliance Securities' CIO, Jonathan Barratt.
Better-than-expected iron ore prices this year will help Rio Tinto, says MineLife's senior resource analyst, Gavin Wendt.