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... » Read More
Nirgunan Tiruchelvam, research director of Religare Capital Markets. says the Freeport issue in Indonesia underlines the need for transparency in the international commodities space.
Mining stocks suffered from relentless selling on Tuesday, with Anglo American tumbling over 11 percent to a fresh record low.
Carole Ferguson, senior mining research analyst at SP Angel, discusses the restructuring efforts by Anglo American.
Anglo American announced restructuring steps including plans to consolidate into three business units, sell more assets and suspend dividends.
Barry Norris, founder and CIO of Argonaut Capital, discusses the mining sector and says the managers of these companies need to work out how to run a commodities company in a bear market.
CNBC's Geoff Cutmore discusses the latest economic data from Russia which has received support from the mining sector.
Veteran emerging markets investor Mark Mobius has warned of a worse-than-expected slowdown in Chinese steel production.
CNBC's Jackie DeAngelis reports on the moves in the metals markets after Turkey shoots down a Russian warplane.
Metal prices crumbled on Monday thanks to a toxic combination of the prospect of poor Chinese demand and a stronger U.S. dollar.
Nearly 100 bodies have been pulled from a landslide near a jade mine in Myanmar's northern Kachin State.
If China's old economy doesn't find its footing, metals demand could take another hit, Goldman Sachs said.
Nautilus Minerals just debuted the equipment that may make it the first company to seriously mine the ocean floor.
The steel industry's dire straits are in the spotlight this week, with both China and the U.K. warning about the hit from the dramatic slump in demand.
Jessica Ground, U.K. equities fund manager at Schroders, says investors need to pay attention to which commodities are being extraced by which mining companies if they want to turn a profit.
Some investors are taking a boost for iron ore as a sign that conditions for the commodity market might be looking up.
Oleg Deripaska, president of Rusal, says that Glencore's plan to slice its debt pile by over $10 billion is "100 percent" feasible.
President of major Russian diamond mining group Alrosa has warned of the growing number of "synthetic" or altered diamonds entering the jewelry market.
David Stubbs, global markets strategist at JPMorgan Asset Management, says unless there's a major supply disruption then the imbalance between supply and demand in the commodities market is unlikely to change.
In a bid to ease market fears about its debt levels, Glencore revealed details of its financing plans in a published statement Tuesday.
Glencore CEO Ivan Glasenberg urged rivals to shut unprofitable mines and blamed hedge funds for lower commodity prices, the FT reports.