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.
Investec mining analyst, Hunter Hillcoat, says they expect to see a long period – six years – of depressed prices to create a balance in the commodities market, such that volatility seen now, isn’t there.
Trading momentum and deeper earnings analysis of some of the biggest mining stocks is now pointing to fresh support for the sector, as stocks surge 5%.
Ramin Nakisa, global macro strategist at UBS, says his company keeps away from mining stocks due to the cost of capital
Australia's South32 on Thursday reported a first-half loss of $1.7 billion, hurt by big writedowns for its manganese and energy coal businesses.