July 26- Diversified U.S. miner and oil producer Freeport-McMoRan Inc reported a smaller quarterly loss as aggressive cost cutting helped counter a near 20 percent drop in copper prices. Freeport's net loss attributable to common stock narrowed to $479 million, or 38 cents per share, in the second quarter ended June 30 from $1.85 billion, or $1.78 per share, a year...
The inflection point for BHP Billiton will have to come from an improvement in the commodity price cycle, says Patersons Securities' Rob Brierley.
Leyland Private AM's Alex Leyland says BHP Billiton's stock is down nearly 3 percent mostly because of the weakness in the broader sector.
Tribeca Investment Partners' Sean Fenton says the major commodity producers have been prioritizing keeping costs and capital expenditure low.
*Philippines says to suspend two nickel mines in crackdown. LONDON, July 7- Copper slid to the lowest in over a week on Thursday as the dollar strengthened, oil prices fell and investors continued to be unsettled about the aftermath of the UK's vote to leave the European Union. Industrial metals saw broad-based losses, including in nickel, despite news the...
Paul Gait, senior research analyst at Sanford Bernstein, discusses mining stocks. The U.K. mining index is up over 60 percent in the last six months.
Silver prices hit a two-year high above $21 per ounce on Monday, as precious metals continue to gain from the safe-haven rally following the U.K. referendum.
TORONTO, June 6- Canada's main stock index rose to a more than nine-month high on Monday as commodity price gains helped boost the index's heavyweight energy sector and base metal miners, although gold miners pulled back after last week's rally. The most influential gainers included Suncor Energy Inc, which rose 1.1 percent to C $35.99, and Enbridge Inc, up 1.1...
TORONTO, June 3- Canada's main stock index gained on Friday as gold miners jumped with the precious metal after weak U.S. jobs data hurt the U.S. dollar, offsetting losses for financial stocks and some energy companies. Barrick Gold Corp jumped 11.6 percent to C $24.81, Goldcorp Inc gained 6.4 percent to C $23.65, and Kinross Gold rose 13.4 percent to C $6.45.
Goldman Sachs warned on Friday that benchmark iron ore prices could slump further due to a growing supply surplus.
Cliffs Natural Resources chairman, president & CEO, Lourenço Gonçalves, explains why it's time to take action on the glut in the steel market.
China's "steel dumping" has antagonized Europe and the U.S., but a senior figure at one giant mining company prefers to encourage the country's still-high demand for metals.
While it’s been a “dreadful” time to invest in the miners recently, there are signs that we’re reaching a bottom, says Giles Keating, Credit Suisse deputy global CIO.
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...
New data has shone a light on the potential pitfalls for investors who are seeking sizeable returns from the metal lithium.
Nick Clarke, CEO of Central Asia Metals, shares his outlook for the mining sector and the uncertainty around copper prices and oversupply.
Chinese exports are a factor in the European steel industry's downturn, according to Alessandro Abate, head of metals & mining at Berenberg.
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.