The U.S. Department of Labor's Mine Safety and Health Administration coal dust rule will be phased in, with requirements including increased dust sampling in mines and citations when coal operators don't take immediate action for high levels.» Read 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 $72 billion a year, according to the World Diamond Council, and jewelers like Tiffany and diamond miners led by De Beers stress that a jewel mined at great expense, and often with great risk, is infinitely more valuable than one made by man.
*Q2 drop in demand first in eight years- GFMS. SINGAPORE/ LONDON, July 31- Chinese gold jewelry demand fell for the first time in eight years in the second quarter and could drop as much as 20 percent in the full year, a leading precious metals consultancy said.
*80 shale wells to have been drilled by late 2014. WARSAW, July 31- Poland is seeing less exploratory drilling for shale gas than expected, environment minister Maciej Grabowski told Reuters, dealing a setback to the country's efforts to find a cheap alternative to the natural gas it imports from Russia.
About 5,000 union members, led by the United Mine Workers of America, on Thursday marched to the William S. Moorhead Federal Building chanting, "Hey, hey, EPA!
*IMF flags China property sector risks. LONDON, July 31- Zinc lost ground on Thursday from a three-year peak two days before after inventories rose, highlighting an overhang of supplies that need to be eroded before expected shortages kick in.
RIO DE JANEIRO, July 31- Vale posted a fall in profit compared with the previous quarter as lower iron ore prices undermined record production of the main steel-making ingredient by the Brazilian-based miner.
HONG KONG, July 31- China shares finished their best month since 2012 on a positive note on Thursday, with banks and mining companies leading index solid gains. Zijin Mining Group surged 7.1 percent and Zhongjin Gold Corp 9 percent.
Arch Coal fell$. 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 $15.44.
Barrick Gold Corp. fell$. 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 $25.59.
Hecla Mining Co. fell$. 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.
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 $33.03.
*Central bank reaffirms no rush to raise interest rates. NEW YORK/ LONDON, July 30- Gold futures ended lower on Wednesday, but traders largely shrugged off a statement from the Federal Reserve hinting the U.S. central bank was in no rush to hike interest rates, which would reduce appetite for the precious metal.
Arch Coal fell$. 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 $15.39.
NEW YORK— Shares of some top gold companies are down at 1 p.m.:. Barrick Gold Corp. fell$. 17 or. 9 percent, to $18.42. Newmont Mining Corp. fell$. 20 or. 8 percent, to $25.34.
Hecla Mining Co. fell$. 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 $9.29.
*3rd- quarter adj profit, sales miss estimates. July 30- Rockwell Automation Inc, whose automated systems help factories run smoothly, said a decrease in spending by miners globally led to lower quarterly sales outside the United States and in its largest business. "We don't expect to see a pick up in mining," Chief Executive Keith Nosbusch told Reuters.
*Manufacturing growth in China expands. LONDON, July 30- Lead prices fell on Wednesday as investors took profits after a rally this month, but a brighter global economic outlook is seen providing support to industrial metals. Part of that is driven by improving macro sentiment, "said commodity analyst Ivan Szpakowski of Citi in Shanghai.
Hecla Mining Co. fell$. 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 $9.23.
NEW YORK— Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 22 or 1.2 percent, to $18.37. Newmont Mining Corp. fell$. 27 or 1.1 percent, to $25.27.