BHP said the provision partly reflected uncertainty on when Samarco, its iron ore joint venture with Brazil's Vale, would restart. » Read More
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...
Libra Investment Services founding partner Rob McCreery explains why he’s not reluctant to get involved in mining stocks, despite uncertainty in global markets.
A steelmaking crisis gripping the U.K. has led analysts to question the long term viability of the industry in the country.
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.
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...
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...
Andrew Forrest, chairman of Fortescue Metals Group, praises the volume of growth of the Chinese economy.
The CEOs of some of the world's largest mining companies share their outlook for commodity prices.
Paul Gait, senior research analyst at Bernstein Research, shares his outlook for commodity prices and says there are signs the cycle is improving.
TORONTO, March 17- Canada's main stock index rose on Thursday as higher oil prices supported energy stocks, while the heavyweight financial and materials sectors also gained. The most influential gainers on the index included Royal Bank of Canada, which rose 0.4 percent to C $74.91, and Canadian Natural Resources, which advanced 1 percent to C $36.58.
Rio Tinto said chief executive Sam Walsh would retire July 1, and would be replaced by copper and coal division head Jean-Sebastien Jacques.
Christopher Mellor, executive director for equities product management at Source, explains why he’d treat gold very differently to other commodities.
David Stubbs, global markets strategist at JPMorgan Asset Management, says you've got to pick the winners and losers of this new low commodity market, rather than betting on a huge rally.
Diego Hernandez, CEO of Antofagasta, shares his outlook on the market for mining stocks and commodity prices.
Diego Hernandez, CEO of Antofagasta, says demand for copper will come quicker than other commodities.
LONDON, March 14- Feast or famine? In Shanghai, metal is piling up in warehouses registered with the Shanghai Futures Exchange. On the London market the trend is running in the opposite direction.