GO
Loading...

Metals and Mining

More

  • METALS-Copper slips on weak China property sector Tuesday, 18 Nov 2014 | 5:54 AM ET

    *China home prices fall for second consecutive month in Oct. LONDON, Nov 18- Copper prices dipped on Tuesday, as disappointing property sector data from China raised concerns about the outlook for demand from the world's top metals consumer. Copper prices have stayed between $6,500 and $6,800 a tonne since mid-September.

  • *Hurdles to boosting Australian farm exports to China. SYDNEY, Nov 18- A trade deal signed with great fanfare between China and Australia has been touted as a major step towards Australia shifting its economy from a "mining boom" to a "dining boom," but the reality is likely to be more sobering. China is already Australia's top trading partner, with two-way trade of...

  • *Gold firm near $1,185/ oz. SINGAPORE, Nov 18- Gold held below a two-week peak on Tuesday, its safe-haven appeal dulled with the dollar near a four-year high and growing signs of strength in the U.S. economy. The dollar held steady on Tuesday after European Central Bank officials raised the prospects of further stimulus and as investors waited to see if Japan's...

  • Nov 17- American Specialty Alloys said it plans to build a $1.2 billion aluminum mill in southeastern United States to tap into rising demand from the automotive industry. Boggs is making the switch to aluminum after almost a quarter of a century working in engineering and technology development for major steel producers including AK Steel, Severstal's...

  • NEW YORK/ LONDON, Nov 17- Gold retreated from a two-week high hit earlier on Monday as the dollar rose on news that Japan had slipped into recession, and strong technical resistance could also further limit bullion's gains in the near term, analysts said. "The next technical hurdle for gold will be its 50- day moving average, which has been acting as its stubborn...

  • LONDON, Nov 17- Tin is once again failing to live up to its bull hype. The price of the soldering metal on the London Metal Exchange last month touched a 15- month low of $19,000 per tonne. So too is Indonesia, the world's largest exporter.

  • *Gold holds gains after 2 percent rise on Friday. LONDON, Nov 17- Gold held near a two-week high on Monday as global shares fell after data showed Japan had slipped into recession, raising concerns about global growth, but strength in the dollar kept the metal's gains in check. Spot gold was down 0.1 percent at $1,188.00 an ounce by 1049 GMT after peaking at $1,193.95,...

  • LONDON, Nov 17- Most base metals were steady or firmer on Monday, supported by forecasts for developing shortages, but news that Japan had slipped into recession capped the upside. "On a fundamental basis, we continue to think that metals with deficits will still be able to outperform," said Nicholas Snowdon, metals analyst at Standard Chartered in London.

  • *Gold scales 2- week high. *Holding $1,180 level key for further gains- trader. SINGAPORE, Nov 17- Gold held near two-week highs on Monday, clinging on to gains from the previous session's short-covering rally, on a softer dollar.

  • SYDNEY, Nov 17- China's metals industry is grappling with tougher credit conditions that are likely to persist and spark consolidation after a portside financing scandal roiled the market, said an executive at one of the world's biggest commodity traders. Simon Collins, head of metals and minerals at Trafigura, said that miners, smelters and fabricators were...

  • SYDNEY, Nov 17- China's metals industry is grappling with tough credit conditions that are likely to persist and spark consolidation after a portside financing scandal roiled the market, said an executive at one of the world's biggest commodity traders. Simon Collins, head of metals and minerals at Trafigura, said that miners, smelters and fabricators were...

  • *Gold scales 2- week high but fails to hold it. SINGAPORE, Nov 17- Gold retreated after hitting a two-week high on Monday, tracking moves in the dollar, but the metal managed to hold most of the previous session's short-covering gains. "A lot of new shorts were put into gold after we broke below $1,180 and as we came back through it, there was some short-covering," said a...

  • SINGAPORE, Nov 17- Gold came under pressure early on Monday as the dollar jumped to a seven-year high against the yen, but the metal managed to hold most of the previous session's short-covering gains. *Spot gold had eased 0.2 percent to $1,185.14 an ounce by 0032 GMT, after jumping 2.3 percent on Friday, when it also hit a two-week high of $1,193.34.

  • NEW YORK, Nov 14- Hedge fund Paulson& Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the third quarter, bolstering the confidence of bullion investors at a time when an improving U.S. economic outlook pummeled gold prices. Legendary investor George Soros, however, has sharply cut his stake in Barrick Gold Corp...

  • NEW YORK, Nov 14- Hedge fund Paulson& Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, for a fourth consecutive quarter in the third quarter, when bullion prices fell on an improving U.S. economic outlook. New York- based Paulson& Co, led by longtime gold bull John Paulson, owned around 10.2 million shares of the ETF...

  • SOROS FUND MANAGEMENT LLC CUTS STAKES IN BARRICK GOLD CORP, GOLD MINING COMPANIES ETFS- 13- HR FILING.

  • *Platinum prices rebound from lowest since July 2009. NEW YORK/ LONDON, Nov 14- Gold surged over 2 percent on Friday to just shy of $1,200 an ounce, as short covering, fund buying and a sudden weakening of the dollar offset better-than-expected U.S. data that signaled an improvement in the world's top economy that diminished demand for safe-haven metals.

  • China protectionism threatens commodity imports Thursday, 13 Nov 2014 | 6:20 PM ET

    Businesses are complaining about Beijing's use of non-tariff barriers from customs clearance to quality restrictions to curb raw material imports.

  • Canadian crude imports likely to keep falling -NEB Thursday, 13 Nov 2014 | 4:44 PM ET

    Canada has the world's third-largest crude reserves behind Saudi Arabia and Venezuela, most of which are located in the oil sands in northern Alberta. The closure of Shell Canada's Montreal East refinery in Quebec, and Imperial Oil Ltd's refinery in Dartmouth, Nova Scotia, has also reduced demand for imported crude. NEB data showed that the U.S. shale boom has...

  • SHANGHAI, Nov 14- As China lobbies world leaders to back its free trade plan at an Asia-Pacific summit this week, businesses are complaining about Beijing's use of non-tariff barriers from customs clearance to quality restrictions to curb raw material imports. After months of lobbying by the China National Coal Association to limit imports, Beijing also...