Metals and Mining Diversified Metals and Mining

  • TORONTO, Sept 19- Canada's main stock index rose on Monday as higher oil prices boosted the stocks of energy companies, while big banks also gained as investors bet that the U.S. The country's biggest banks were among the index's most influential gainers with Bank of Nova Scotia up 0.9 percent to C $70.56 and Toronto-Dominion Bank advancing 0.6 percent to C...

  • Potash Corp shareholders will own 52 percent of the new company, with Agrium shareholders owning the rest if the deal closes in mid-2017 as the companies hope, they said on Monday. Agrium Chief Executive Officer Chuck Magro will be CEO of the merged company, whose market capitalization is projected at $26 billion. Potash Corp is already the world's biggest crop...

  • LONDON, Sept 7- The backgrounds of the leaders of the world's top mining companies illustrate the choice facing investors, with BHP Billiton's chief executive having worked in the oil industry and Rio Tinto's new boss more focused on copper. French-born Jean-Sebastien Jacques has led Rio only since July, while his counterpart at BHP, Scotsman Andrew Mackenzie,...

  • TORONTO, Sept 2- Canada's main stock index pushed higher on Friday with mining and energy stocks big beneficiaries of a weak U.S. jobs report that weighed on the U.S. dollar and, in turn, boosted commodity prices. The most influential movers on the index included Suncor Energy Inc, which rose 1.2 percent to C $35.63, and Canadian Natural Resources Ltd, which advanced...

  • A floor hand helps line up a pipe while drilling for oil in the Bakken shale formation near Watford City, North Dakota.

    Oil markets could see an increased risk of another major jolt if prices continue remain at current levels, the chief executive of Vedanta Resources said.

  • A child walks past a truck carrying rocks from a mine in Lubumbashi, DRC on May 23, 2016.

    "The glamorous shop displays are a stark contrast to the children carrying bags of rocks and miners in narrow manmade tunnels."

  • Rusal's profit slumped 70 percent in the first half of 2016, but the aluminum giant said tightening Chinese supply was helping stabilize metal prices.

  • South32 Guidance

    South32's Graham Kerr says the company has made big inroads in terms of reducing capital expenditure and operating costs.

  • 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...

  • Mining Stocks

    Aurora Funds Management's Hugh Dive says he has miners stocks because there is a lack of clarity on outlook.

  • Iron Ore

    Iron ore prices will remain choppy through 2016, but are expected to rise steadily in the next two years, says Prestige Economics' Jason Schenker.

  • Striking miners demonstrate in Marikana in the South African platinum belt.

    Lonmin miners still live in the "truly appalling" conditions that were a major cause of the fatal strikes four years ago, Amnesty International says.