GEORGETOWN, Guyana— Guyana's environment ministry says the country saw less deforestation in 2013 thanks to a decrease in gold mining activity. Gold mining commonly requires companies to clear forests. Guyana already has lost $20 million of that funding because of increased deforestation in 2012..» Read More
TORONTO, Sept 19- Canadian precious metals miner Primero Mining Corp said on Friday an employee of one of its contractors was killed in an isolated underground accident at its flagship San Dimas mine in Mexico on Thursday night.
Arch Coal fell$. 03 or. 9 percent, to $2.63. Consol Energy Inc. fell$. 22 or. 6 percent, to $37.76. Peabody Energy fell$. 26 or 1.9 percent, to $13.23.
Hecla Mining Co. fell$. 07 or 2.4 percent, to $2.69. Pan American Silver Corp. fell$. 31 or 2.5 percent, to $12.12. Silver Standard Resources Inc. fell$. 05 or. 6 percent, to $6.93.
Steve Bullock said Friday that Montana can meet the Obama administration's goal of reducing climate pollution while protecting energy-related jobs and avoiding the closure of coal plants that generate the bulk of the state's emissions.
Hecla Mining Co. fell$. 01 or. 2 percent, to $2.75. Pan American Silver Corp. rose$. 11 or. 9 percent, to $12.54. Silver Standard Resources Inc. rose$. 03 or. 4 percent, to $7.00.
Arch Coal rose$. 05 or 1.9 percent, to $2.70. Consol Energy Inc. rose$. 04 or. 1 percent, to $38.02. Peabody Energy rose$. 13 or. 9 percent, to $13.62.
NEW YORK— Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 21 or 1.3 percent, to $15.79. Newmont Mining Corp. fell$. 04 or. 2 percent, to $24.45.
LONDON, Sept 19- The zinc rally has run out of steam. But the benchmark LME three-month price has over the last couple of weeks retreated from above $2,400 per tonne to a current $2,260. The LME's Commitments of Traders Report showed money managers trimming their net long position by 12,271 lots, or 306,775 tonnes, in the week to Sept. 12.
SYDNEY, Sept 19- Australia's miners face tough times amid a meteoric fall in the price of their cash cow, iron ore, but there are plenty of reasons to believe the rest of the economy can weather the storm and perhaps even profit from it.
Hecla Mining Co. fell$. 06 or 2.1 percent, to $2.75. Pan American Silver Corp. fell$. 24 or 1.9 percent, to $12.43. Silver Wheaton fell$. 24 or 1.1 percent, to $22.25.
Barrick Gold Corp. fell$. 25 or 1.5 percent, to $16.00. Gold Fields fell$. 04 or. 9 percent, to $4.26. Newmont Mining Corp. fell$. 18 or. 7 percent, to $24.49.
Arch Coal fell$. 15 or 5.4 percent, to $2.65. Consol Energy Inc. fell$. 89 or 2.3 percent, to $37.98. Peabody Energy fell$. 70 or 4.9 percent, to $13.49.
The headwinds faced by China's massive steel sector- falling profit margins and growing dependence on handouts- are shared by other key industrial and infrastructure-related sectors, including aluminium, cement and coal.
TORONTO, Sept 18- United States Steel Corp's Canadian unit had sought a wide ranging set of relief measures from the Ontario government before it filed for creditor protection in Canada earlier this week, according to a source familiar with the matter.
NEW YORK— Shares of some top gold companies are down at 1 p.m.:. Barrick Gold Corp. fell$. 23 or 1.4 percent, to $16.02. Newmont Mining Corp. fell$. 23 or. 9 percent, to $24.44.
Arch Coal fell$. 14 or 5.0 percent, to $2.66. Consol Energy Inc. fell $1.03 or 2.6 percent, to $37.84. Peabody Energy fell$. 83 or 5.8 percent, to $13.36.
Hecla Mining Co. fell$. 05 or 1.8 percent, to $2.76. Pan American Silver Corp. fell$. 20 or 1.6 percent, to $12.47. Silver Standard Resources Inc. fell$. 17 or 2.3 percent, to $7.03.
LONDON, Sept 18- Copper and other base metals slipped on Thursday, pressured by a sharp rise in the dollar after the U.S. Three-month copper on the London Metal Exchange slid 1.1 percent to $6,851.25 a tonne by 1437 GMT, reversing small gains in the previous session.
*Copper to fall to $6,200 in 12- mth horizon- Goldman Sachs. LONDON, Sept 18- Copper slipped on Thursday, pressured by a sharp rise in the dollar after the U.S. Prices have lost momentum since hitting a one-week high at $6,992 a tonne earlier this week, but are still well above a 12- week low of $6,734 hit on Sept. 11.
Murilo Ferreira, CEO of Vale, tells CNBC's Sri Jegarajah why he isn't worried about the recent slump in iron ore prices. He also explains why he remains upbeat on China.