GO
Loading...

Metals and Mining

More

  • *IMF flags China property sector risks. LONDON, July 31- Zinc lost ground on Thursday after inventories rose, highlighting an overhang of supplies that analysts say needs to be eroded before expected shortages kick in.

  • TEL AVIV, July 31- Diamonds are a girl's best friend- but only if they are natural. Global diamond jewelry sales are worth more than $72 billion a year, according to the World Diamond Council, and jewelers like Tiffany and diamond miners led by De Beers stress that a jewel mined at great expense, and often with great risk, is infinitely more valuable than one made by man.

  • *Q2 drop in demand first in eight years- GFMS. SINGAPORE/ LONDON, July 31- Chinese gold jewelry demand fell for the first time in eight years in the second quarter and could drop as much as 20 percent in the full year, a leading precious metals consultancy said.

  • Poland cuts estimate for shale gas exploration wells Thursday, 31 Jul 2014 | 7:40 AM ET

    *80 shale wells to have been drilled by late 2014. WARSAW, July 31- Poland is seeing less exploratory drilling for shale gas than expected, environment minister Maciej Grabowski told Reuters, dealing a setback to the country's efforts to find a cheap alternative to the natural gas it imports from Russia.

  • Testimony, advocates clash at EPA coal hearings Thursday, 31 Jul 2014 | 6:37 AM ET

    About 5,000 union members, led by the United Mine Workers of America, on Thursday marched to the William S. Moorhead Federal Building chanting, "Hey, hey, EPA!

  • METALS-Zinc falls as stockpiles rise, copper flat Thursday, 31 Jul 2014 | 6:26 AM ET

    *IMF flags China property sector risks. LONDON, July 31- Zinc lost ground on Thursday from a three-year peak two days before after inventories rose, highlighting an overhang of supplies that need to be eroded before expected shortages kick in.

  • RIO DE JANEIRO, July 31- Vale posted a fall in profit compared with the previous quarter as lower iron ore prices undermined record production of the main steel-making ingredient by the Brazilian-based miner.

  • HONG KONG, July 31- China shares finished their best month since 2012 on a positive note on Thursday, with banks and mining companies leading index solid gains. Zijin Mining Group surged 7.1 percent and Zhongjin Gold Corp 9 percent.

  • Final Glance: Coal companies Wednesday, 30 Jul 2014 | 6:02 PM ET

    Arch Coal fell$. 11 or 3.6 percent, to $2.94. Consol Energy Inc. fell$. 45 or 1.1 percent, to $39.87. Peabody Energy fell$. 12 or. 8 percent, to $15.44.

  • Final Glance: Gold companies Wednesday, 30 Jul 2014 | 6:02 PM ET

    Barrick Gold Corp. fell$. 12 or. 6 percent, to $18.47. Gold Fields fell$. 03 or. 7 percent, to $4.01. Newmont Mining Corp. rose$. 05 or. 2 percent, to $25.59.

  • Final Glance: Silver companies Wednesday, 30 Jul 2014 | 6:02 PM ET

    Hecla Mining Co. fell$. 02 or. 6 percent, to $3.31. Pan American Silver Corp. fell$. 18 or 1.2 percent, to $14.94. Silver Standard Resources Inc. fell$. 11 or 1.2 percent, to $9.34.

  • Twitter and DreamWorks are big market movers Wednesday, 30 Jul 2014 | 4:30 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Twitter Inc., up $7.71 to $46.30. United States Steel Corp., up $5.36 to $33.03.

  • *Central bank reaffirms no rush to raise interest rates. NEW YORK/ LONDON, July 30- Gold futures ended lower on Wednesday, but traders largely shrugged off a statement from the Federal Reserve hinting the U.S. central bank was in no rush to hike interest rates, which would reduce appetite for the precious metal.

  • Midday Glance: Coal companies Wednesday, 30 Jul 2014 | 1:22 PM ET

    Arch Coal fell$. 07 or 2.1 percent, to $2.99. Consol Energy Inc. fell$. 47 or 1.2 percent, to $39.86. Peabody Energy fell$. 17 or 1.1 percent, to $15.39.

  • Midday Glance: Gold companies Wednesday, 30 Jul 2014 | 1:22 PM ET

    NEW YORK— Shares of some top gold companies are down at 1 p.m.:. Barrick Gold Corp. fell$. 17 or. 9 percent, to $18.42. Newmont Mining Corp. fell$. 20 or. 8 percent, to $25.34.

  • Midday Glance: Silver companies Wednesday, 30 Jul 2014 | 1:22 PM ET

    Hecla Mining Co. fell$. 01 or. 2 percent, to $3.33. Pan American Silver Corp. fell$. 23 or 1.5 percent, to $14.89. Silver Standard Resources Inc. fell$. 16 or 1.7 percent, to $9.29.

  • UPDATE 2-Lower mining spending hits Rockwell Automation Wednesday, 30 Jul 2014 | 12:16 PM ET

    *3rd- quarter adj profit, sales miss estimates. July 30- Rockwell Automation Inc, whose automated systems help factories run smoothly, said a decrease in spending by miners globally led to lower quarterly sales outside the United States and in its largest business. "We don't expect to see a pick up in mining," Chief Executive Keith Nosbusch told Reuters.

  • METALS-Lead falls as investors book profits after rally Wednesday, 30 Jul 2014 | 12:11 PM ET

    *Manufacturing growth in China expands. LONDON, July 30- Lead prices fell on Wednesday as investors took profits after a rally this month, but a brighter global economic outlook is seen providing support to industrial metals. Part of that is driven by improving macro sentiment, "said commodity analyst Ivan Szpakowski of Citi in Shanghai.

  • Early Glance: Silver companies Wednesday, 30 Jul 2014 | 10:42 AM ET

    Hecla Mining Co. fell$. 02 or. 6 percent, to $3.31. Pan American Silver Corp. fell$. 11 or. 7 percent, to $15.01. Silver Standard Resources Inc. fell$. 22 or 2.3 percent, to $9.23.

  • Early Glance: Gold companies Wednesday, 30 Jul 2014 | 10:42 AM ET

    NEW YORK— Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 22 or 1.2 percent, to $18.37. Newmont Mining Corp. fell$. 27 or 1.1 percent, to $25.27.