GO
Loading...

Metals and Mining

More

  • *Platinum awaits court ruling on mining company actions. *WGC report shows India, China demand in Q1 dropped. LONDON, May 20- Platinum prices rose back towards two-month highs on Tuesday as the longest and costliest miners' strike in South African history ground on, while gold steadied as gains in the dollar held it near key chart support.

  • *Gold edges down below $1,300 an ounce. SINGAPORE, May 20- Platinum was steady on Tuesday, holding on to overnight gains as labour strikes in top producer South Africa continued for a 17th week, disrupting supply of about 40 percent of the metal's global output.

  • *China steps up help for export industry. SYDNEY, May 20- Copper clung near two-month peaks on Tuesday on hopes a new raft of financial reforms would shore up China's slowing economy, while nickel prices sank in volatile trade despite supply concerns.

  • SINGAPORE, May 20- Platinum extended gains to a second session on Tuesday as labour strikes at top producer South Africa continued into a 17th week, disrupting supply of about 40 percent of global output.

  • NEW YORK/ LONDON, May 19- Gold erased initial gains to end flat on Monday as rising U.S. equities decreased bullion's appeal as a hedge, sending the metal below the key $1,300- an-ounce level. Platinum climbed, extending last week's gain, its strongest performance in six weeks, on supply worries due to strikes at South African mines.

  • COLUMN-For investors, coal brings lumps Monday, 19 May 2014 | 12:40 PM ET

    CHICAGO, May 19- If you care about the environment, you can emulate Stanford University's move to remove coal-producing companies from its endowment portfolio by purging fossil fuel companies from your own investments, although it will take a customized strategy.

  • *CEO says Lonmin has lost a third of annual production. JOHANNESBURG/ LONDON, May 19- South African platinum miner Lonmin has lost a third of its annual production due to an industry strike over wages which its chief executive described as a "bleeding" that might lead to the company's death if not stopped in time.

  • LONDON/ JOHANNESBURG, May 19- South African platinum producer Lonmin said on Monday it had lost a third of its annual production due to a mining strike over wages that is entering its 17th week.

  • LONDON, May 19- Gold picked up on Monday, touching the psychologically important $1,300- an-ounce level as the dollar and equity markets slipped, although strong U.S. economic data capped gains. Platinum group metals extended gains after posting their strongest weekly performance in six on supply worries due to strikes at South African mines.

  • SEOUL, May 19- South Korean steelmaker POSCO said on Monday it may consider selling a stake in its profitable trading and resources arm Daewoo International Corp as part of a restructuring plan aimed at shoring up its finances.

  • This is how oil price movement affects gold     Monday, 19 May 2014 | 2:15 AM ET

    James Steel, chief precious metals analyst at HSBC, discusses how inflation and commodity indices affects the price of oil and the knock on impact on gold.

  • SINGAPORE, May 19- Gold extended losses to a third straight session on Monday as U.S. data pointed to strong economic growth, while platinum group metals continued to add to gains on supply worries from South African labour strikes. *Spot gold slipped 0.08 percent to $1,292.01 an ounce by 0030 GMT, while platinum gained about half a percent.

  • *PM's fracas with protesters caught on mobile phones. ISTANBUL, May 18- Flanked by half a dozen body guards, Turkish Prime Minister Tayyip Erdogan turns towards a crowd baying for his resignation in a mining town still shocked and grieving after the country's worst industrial disaster.

  • *PM's fracas with protesters caught on mobile phones. ISTANBUL, May 18- Flanked by half a dozen body guards, Turkish Prime Minister Tayyip Erdogan turns towards a crowd baying for his resignation in a mining town still shocked and grieving after the country's worst industrial disaster.

  • *Gold posts for 0.3 percent weekly increase. NEW YORK/ LONDON, May 16- Gold fell on Friday as encouraging U.S. housing data weighed on its appeal as a hedge against economic weakness, while platinum notched its biggest weekly gain in a month and a half as strikes in South Africa continued.

  • LONDON, May 16- London's precious-metal price benchmarks, including silver, the century-old gold "fix" and platinum group metals are on the verge of major transformation, industry sources say, as regulatory scrutiny and lawsuits hasten action.

  • RIO DE JANEIRO, May 16- Brazilian mining giant Vale said on Friday it plans to close its Integra coal mine in Australia because it is losing money, the latest in company efforts to row back from non-core overseas assets. The price of thermal coal fell 40 percent in the last three years as coal supply remained robust and demand fell in Europe and China.

  • How world leaders can spur growth: Rio Tinto CEO Friday, 16 May 2014 | 11:11 AM ET
    Cass Scenic Railroad State Park, West Virginia

    As a global business, Rio Tinto CEO Sam Walsh AO offers this advice to world leaders for how to spur growth.

  • LONDON, May 16- London's precious-metal price benchmarks, including silver, the century-old gold "fix" and platinum group metals are on the verge of major transformation, industry sources say, as regulatory scrutiny and lawsuits hasten action.

  • *Copper on track for biggest weekly gain in 7 weeks. *New Caledonia nickel mine may have delayed restart. In China, traders have held on to their stocks, while producers there and in Japan scramble for supplies.