Arch Coal fell$. 06 or 6.3 percent, to $0.91. Consol Energy Inc. fell$. 44 or 1.5 percent, to $29.35. Peabody Energy fell$. 09 or 1.5 percent, to $6.01.» Read More
Jan 27- Nucor Corp, the No. 1 U.S. steelmaker by market capitalization, reported a better-than-expected quarterly profit due to increases in selling price and shipments. Nucor also forecast its profit for the first quarter to be slightly higher than the $111 million, or 35 cents per share, it reported a year earlier. Net profit attributable to Nucor rose 23 percent...
SAN FRANCISCO— Thieves in a stolen SUV smashed through the glass doors of the Wells Fargo History Museum in downtown San Francisco before dawn Tuesday and made off with up to 10 ounces of historic gold nuggets worth roughly $10,000, police said. Robbers in Northern California have targeted precious metals in museum displays before and the tactics of the heist...
Pan American Silver Corp. rose$. 19 or 1.7 percent, to $11.70. Silver Standard Resources Inc. rose$. 13 or 2.0 percent, to $6.68. Silver Wheaton rose$. 20 or. 9 percent, to $23.67.
Arch Coal fell$. 02 or 1.8 percent, to $1.02. Consol Energy Inc. fell$. 32 or 1.0 percent, to $30.73. Peabody Energy fell$. 48 or 7.2 percent, to $6.19.
NEW YORK— Shares of some top gold companies are up at 10 a.m.:. Barrick Gold Corp. rose$. 41 or 3.2 percent, to $13.10. Newmont Mining Corp. rose$. 24 or 1.0 percent, to $24.73.
Jan 27- AK Steel Holding Corp, the fourth-largest U.S. steelmaker by market capitalization, reported a better-than-expected quarterly profit, helped by strong demand from automakers. AK Steel makes flat-rolled carbon, stainless and electrical steels, and tubular products for car makers, industrial and construction companies and utilities.
Jan 27- Coal miner Peabody Energy Corp said it expected demand in the United States to decline in 2015, mainly due to lower natural gas prices. Peabody said it would pay a quarterly dividend of 0.25 cents per share, way below the 8.5 cents per share it paid in November. The company, which has mining operations in the United States and Australia, forecast U.S. coal...
CHICAGO, Jan 27- Caterpillar Inc on Tuesday warned the recent fall in oil prices would hurt its energy equipment business in 2015 and gave an outlook for the year below market expectations after posting a disappointing fourth quarter net profit. During the fourth quarter, Caterpillar's energy business helped offset lower prices for copper, coal and iron ore...
WEST CHESTER, Ohio _ AK Steel Holding Corp. on Tuesday reported fourth-quarter profit of $13.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share. Analysts expected $1.92 billion, according to Zacks.
Jan 27- Coal miner Peabody Energy Corp reported a smaller quarterly loss, helped by lower operating costs in Australia and the United States. The company's net loss attributable to common stockholders narrowed to $514.6 million, or $1.92 per share, in the fourth quarter ended Dec. 31, from $565.7 million, or $2.12 cents per share, a year earlier.
CHICAGO, Jan 27- Caterpillar Inc on Tuesday reported lower quarterly net profit that missed expectations as lower prices for copper, coal and iron ore hurt mining equipment orders, and warned the recent fall in oil prices would make for a difficult year in 2015.. Chief Executive Officer Doug Oberhelman said without a doubt Caterpillar faces a "tough year in 2015.".
CHICAGO, Jan 27- Construction and mining equipment maker Caterpillar Inc on Tuesday reported a lower net profit that came in below market expectations, as lower prices for copper, coal and iron ore hurt its mining business and warned the drop in oil prices would hurt its business in 2015.. The Peoria, Illinois- based company reported a fourth-quarter net profit of...
CHICAGO, Jan 26- Construction and mining equipment maker Caterpillar Inc on Tuesday reported a lower net profit that came in below market expectations, due primarily to the recent drop in the price of oil and lower prices for copper, coal and iron ore. The Peoria, Illinois- based company reported a fourth-quarter net profit of $757 million, down nearly 25 percent...
*Russia added 20.73 tonnes in December-IMF. *Gold price rose in December for first time in five months. SINGAPORE, Jan 27- The Netherlands raised its gold holdings for the first time in 16 years in December, while Russia extended its buying spree of the precious metal to a ninth straight month, data from the International Monetary Fund showed on Tuesday.
Economists may teach that low prices and declining demand encourage producers to decrease supply, but the iron ore industry may have skipped class that day.
Arch Coal fell$. 03 or 2.8 percent, to $1.04. Consol Energy Inc. rose$. 72 or 2.4 percent, to $31.05. Peabody Energy rose$. 37 or 5.9 percent, to $6.67.
Barrick Gold Corp. rose$. 26 or 2.1 percent, to $12.69. Gold Fields Ltd ADS rose$. 13 or 2.4 percent, to $5.50. Newmont Mining Corp. rose$. 34 or 1.4 percent, to $24.49.
Hecla Mining Co. rose$. 02 or. 6 percent, to $3.36. Pan American Silver Corp. rose$. 33 or 3.0 percent, to $11.51. Silver Standard Resources Inc. rose$. 12 or 1.9 percent, to $6.55.
Arch Coal fell$. 02 or 1.9 percent, to $1.05. Consol Energy Inc. rose$. 70 or 2.3 percent, to $31.03. Peabody Energy rose$. 16 or 2.5 percent, to $6.46.
NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. rose$. 11 or. 8 percent, to $12.54. Newmont Mining Corp. rose$. 17 or. 7 percent, to $24.32.