Jack and Sandra Looney sure hope so. "The Coal Miner's Blood sells more than any of them," Jack Looney says of the sweet red. Seco, like so many Central Appalachian communities, owes its existence to coal— its very name an acronym for South East Coal Company.» Read More
MELBOURNE, March 25- London copper slipped on Wednesday from more than two-month highs hit the previous session as the dollar firmed, but expectations of falling mine supply buoyed prices. *Three-month copper on the London Metal Exchange had slipped 0.6 percent to $6,111.50 a tonne by 0133 GMT. *The most-traded June copper contract on the Shanghai Futures...
Alex Burns, executive chairman of Energia Minerals, expects prices of iron ore to remain subdued on the back of a sustained period of oversupply.
Mark Bennett, managing director and CEO of Sirius Resources, expects prices of nickel to find "sensible levels" soon and discusses the company's flagship Nova nickel mine in Western Australia.
Arch Coal rose$. 06 or 6.1 percent, to $1.03. Consol Energy Inc. fell$. 32 or 1.1 percent, to $28.30. Peabody Energy rose$. 10 or 1.6 percent, to $6.48.
Barrick Gold Corp. fell$. 03 or. 3 percent, to $11.37. Gold Fields Ltd ADS fell$. 01 or. 2 percent, to $4.38. Newmont Mining Corp. fell$. 28 or 1.2 percent, to $22.86.
Hecla Mining Co. rose$. 05 or 1.5 percent, to $3.29. Pan American Silver Corp. fell$. 20 or 2.1 percent, to $9.44. Silver Standard Resources Inc. fell$. 02 or. 4 percent, to $5.24.
Shontel Norgate, CFO of Nautilus Minerals, says its focus on deep sea mining can be the "next disruptive technology" in the mining space.
Nev Power, CEO of Fortescue Metals, remains optimistic that China can achieve its growth target of 7 percent for the year.
Arch Coal rose$. 03 or 2.6 percent, to $1.00. Consol Energy Inc. fell$. 17 or. 6 percent, to $28.45. Peabody Energy rose$. 13 or 2.0 percent, to $6.51.
NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. rose$. 01 or. 1 percent, to $11.41. Newmont Mining Corp. fell$. 18 or. 8 percent, to $22.96.
Hecla Mining Co. rose$. 04 or 1.1 percent, to $3.28. Silver Standard Resources Inc. fell$. 02 or. 4 percent, to $5.24. Silver Wheaton fell$. 02 or. 1 percent, to $20.39.
BECKLEY, W. Va., March 24- The former chief executive of Massey Energy Co pleaded not guilty on Tuesday to a revised federal indictment arising from a 2010 West Virginia coal mine explosion that killed 29 miners. The former chief executive, Donald Blankenship, entered his plea in U.S. District Court for the Southern District of West Virginia. Massey was acquired in...
*Glencore's deals track record a mixed bag. LONDON, March 24- Just two weeks before Glencore can make a new approach for Rio Tinto, the rival that rejected it last summer, the Swiss firm once seen as a deal machine seems unlikely to strike again or charm investors with any other major move soon. While Rio Tinto and BHP have the largest, lowest cost iron ore assets in the...
NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. fell$. 09 or. 8 percent, to $11.31. Newmont Mining Corp. fell$. 22 or 1.0 percent, to $22.92.
Pan American Silver Corp. fell$. 09 or. 9 percent, to $9.55. Silver Standard Resources Inc. fell$. 04 or. 8 percent, to $5.22. Silver Wheaton fell$. 11 or. 5 percent, to $20.30.
Arch Coal rose$. 05 or 5.0 percent, to $1.02. Consol Energy Inc. fell$. 26 or. 9 percent, to $28.36. Peabody Energy fell$. 11 or 1.6 percent, to $6.28.
TORONTO, March 24- Diversified U.S. mining and energy company Freeport-McMoRan Inc said on Tuesday it is slashing its quarterly dividend by 84 percent in response to the impact of lower commodity prices. The company is cutting its dividend to 5 cents a share from 31-1/ 4 cents a share/ The stock was off 2.7 percent to $18.80 in trading before the morning bell in New...
Emily Lee, executive director of Lanka Graphite, discusses the state of Sri Lanka's business environment following a change in power early this year.
SINGAPORE, March 24- Gold retained its gains from a four-day rally on Tuesday and looked likely to rise further as the dollar took a beating on expectations that a hike in U.S. interest rates could be pushed out to September. *Spot gold was firm at $1,189.31 an ounce by 2320 GMT. The metal had climbed to $1,191.50 on Monday, the highest since March 6, as it rose for a fourth...
Hecla Mining Co. rose$. 05 or 1.6 percent, to $3.24. Pan American Silver Corp. rose$. 14 or 1.5 percent, to $9.64. Silver Standard Resources Inc. rose$. 15 or 2.9 percent, to $5.26.