Metals and Mining


  • Early Glance: Coal companies Monday, 28 Jul 2014 | 10:33 AM ET

    Arch Coal unchanged at $2.89. Consol Energy Inc. rose$. 06 or. 1 percent, to $40.07. Peabody Energy rose$. 11 or. 7 percent, to $15.10.

  • Early Glance: Silver companies Monday, 28 Jul 2014 | 10:33 AM ET

    Hecla Mining Co. fell$. 03 or. 9 percent, to $3.28. Pan American Silver Corp. fell$. 10 or. 7 percent, to $14.90. Silver Wheaton fell$. 17 or. 6 percent, to $26.55.

  • Early Glance: Gold companies Monday, 28 Jul 2014 | 10:33 AM ET

    NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. fell$. 11 or. 6 percent, to $18.57. Newmont Mining Corp. unchanged at $25.15.

  • Concerns about the potentially dangerous impact of hydraulic fracturing, or fracking, in the search for shale gas has prompted protests in Britain and outright bans on the practice in France and elsewhere.

  • LONDON, July 28- Copper was little changed on Monday as investors weighed increased supply from Indonesia versus prospects for better demand, while lead was near a 1-1/ 2 year top, catching up with recent gains in its sister-metal zinc.

  • Britain reopens way for fracking Monday, 28 Jul 2014 | 6:27 AM ET

    LONDON— Energy firms will be able to bid for licenses Monday to explore for shale gas in Britain, three years after the controversial fracking process caused seismic tremors which led the government to suspend operations.

  • --Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, July 28- One thing has become clear from the latest production reports from the big three iron ore miners: They appear intent on ensuring their dominance by boosting low-cost output.

  • Not in my backyard: US sending dirty coal abroad Monday, 28 Jul 2014 | 12:01 AM ET

    NEWPORT NEWS, Va.— NEWPORT NEWS, Va.— Coal from Appalachia rumbles into this port city, 150 railroad cars at a time, bound for the belly of the massive cargo ship Prime Lily. The ship soon sets sail for South America, its 80,000 tons of coal destined for power plants and factories, an export of American energy— and pollution.

  • US exports help Germany increase coal, pollution Monday, 28 Jul 2014 | 12:01 AM ET

    LUENEN, Germany— One of Germany's newest coal-fired power plants rises here from the banks of a 100- year-old canal that once shipped coal mined from the Ruhr Valley to the world. Coal mining's demise in Germany comes as the country is experiencing a resurgence in coal-fired power, one which the U.S. increasingly has helped supply.

  • METALS-London copper pauses as Freeport eyes exports Sunday, 27 Jul 2014 | 9:14 PM ET

    SYDNEY, July 28- London copper opened steady on Monday after a two percent run up last week, stalling on news that major miner Freeport was set to resume concentrate exports from Indonesia after a six-month halt, unlocking a kink in supply.

  • July 25- A former adviser to mining giant BSG Resources was sentenced in New York federal court on Friday to two years in prison for obstructing a criminal probe in connection with a bribery investigation in Guinea.

  • JAKARTA, July 25- Freeport-McMoRan Inc clinched a deal with the Indonesian government on Friday allowing the miner to resume copper concentrate exports from the country, effectively ending a six-month tax dispute and paving the way for more miners to follow suit.

  • JAKARTA, July 25- Freeport-McMoRan Inc and the Indonesian government on Friday reached a deal over a contract dispute that should pave the way for a resumption of the U.S. company's copper exports after a six-month halt.

  • Brad Gordon, CEO of African Barrick Gold, says weaker gold demand has offset further price rises to the precious metal despite geopolitical tensions.

  • SYDNEY, July 25- London copper edged down on Friday but was still set to log its fifth weekly advance in six, with investors more bullish on metals on expectations the global economy is on a firmer footing and on a brighter outlook for top consumer China.

  • Final Glance: Silver companies Thursday, 24 Jul 2014 | 6:22 PM ET

    Hecla Mining Co. fell$. 08 or 2.5 percent, to $3.14. Pan American Silver Corp. fell$. 24 or 1.6 percent, to $14.63. Silver Standard Resources Inc. fell$. 21 or 2.3 percent, to $8.77.

  • Final Glance: Coal companies Thursday, 24 Jul 2014 | 6:22 PM ET

    Arch Coal rose$. 04 or 1.4 percent, to $2.91. Consol Energy Inc. rose$. 03 or. 1 percent, to $40.74. Peabody Energy rose$. 18 or 1.2 percent, to $15.15.

  • Final Glance: Gold companies Thursday, 24 Jul 2014 | 6:22 PM ET

    Barrick Gold Corp. fell$. 44 or 2.3 percent, to $18.30. Gold Fields fell$. 09 or 2.3 percent, to $3.77. Newmont Mining Corp. fell$. 41 or 1.6 percent, to $24.78.

  • US issues 186 mining citations in June Thursday, 24 Jul 2014 | 2:40 PM ET

    MSHA cited as examples Thursday coal mines in Virginia and West Virginia. Twenty-five citations were issued at the Dickenson-Russell Coal Co. LLC's Cherokee Mine in Dickenson County, Virginia. The West Virginia inspection occurred at Rhino Eastern LLC's Eagle Mine 3 in Wyoming County.

  • July 24- The steel-making coal market needs to cut another 10 million tonnes of production to get into balance, the chief of Teck Resources Ltd said on Thursday after the Canadian miner reported a sharp fall in profit, mainly due to weak coal prices.