LONDON, April 21- Anglo American Plc reported lower first-quarter production across most of its mining businesses on Thursday ahead of its annual meeting, where shareholders have been urged reject CEO Mark Cutifani's pay. Last week, a big percentage of shareholders in BP voted against chief executive Bob Dudley's $20 million pay deal for 2015.. » Read More
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.
*Moment of silence with Greenpeace over Brazil disaster. "Through thick and thin, through good times and bad times, this company has been quite strong," Chairman Jacques Nasser told shareholders at the company's annual meeting in Australia. UBS is forecasting a near 50 percent fall in BHP's net earnings to $3.3 billion in 2015/ 16, about half the $6.49 billion the...
LAUNCESTON, Australia, Nov 16-- Let's assume that you are a somewhat contrarian investor and take the view that the recent slump to fresh lows in commodity prices, and the share prices of producers, is a sign that a turnaround is coming in 2016.. BHP Billiton, the world's largest diversified miner, reached its lowest since the 2008 financial crisis in Sydney trading...
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.
CNBC's Kate Kelly details Glencore's attempt to stop the bleeding and potentially cut its debt by $10 billion.
The global silver-coin market is in the grips of an unprecedented supply squeeze, forcing some mints to ration sales and step up overtime.
Glencore's downward spiral was halted Tuesday, as its stocks rebounded by as much as 20 percent after a host of brokers came out in support of the group.
One famed analyst says this might be the perfect time for commodities investors to pounce.
Glencore saw its shares slip another 29 percent Monday with analysts stressing that the weakness is likely to be felt across the entire sector.