SYDNEY, July 7- Australian chemical maker Orica Ltd said it would curb output and cut staff at a site in the state of Queensland, hit by faltering demand for explosives from the mining industry. Orica said it would lower production of ammonium nitrate as supply outstrips demand, while 10 percent of the 220 staff employed at the Yarwun site are expected to lose their...» Read More
David Wilson, director of metals research and strategy at Citi, discusses metals after the weak Chinese export data and warns that there's "still a lot of contraction to come" for silver.
Nik Stanojevic, equity analyst at Brewin Dolphin, discusses the mining sector and explains that in a falling commodity price environment, Rio Tinto and BHP Billiton remain safe bets.
Lord John Browne, "Seven Elements That Changed the World" author, discusses the pros and cons of all energies, including fracking and its impact on climate change.
Discussing his company's earnings and emerging market growth, with William Doyle, Potash Corporation president & CEO.
Peter Toogood, investment director at City Financial Investment Company, says it is too late to buy bank stocks, but equities in mining companies could be a good investment.
Brad Partridge, Portfolio Manager at Macquarie Private Portfolio Management says that Fortescue Metals continues to tick all the right boxes, and is a good play for investors who are bullish on the iron ore price.
Nev Power, CEO of Fortescue Metals, says the mining firm is focused on ramping up iron ore output to 155 million tones by the end of March as well as driving costs down.
Paul Gait, senior metals and mining research analyst at Sanford Bernstein, says the iron ore price is falling due to record production volume which is helping the big miners like BHP Billiton and Rio Tinto.
John Wilson, Private Client Adviser at RBS Morgans, discusses the likelihood of BHP Billiton launching a share buyback in August.
Mark Cutifani, CEO of AngloAmerican says that there are ="prudent" opportunities to be had in copper and phosphate but that nickel is oversupplied.
Mark Cutifani, CEO of AngloAmerican, says that while the miner's results are not where he wants them to be, they are "encouraging" and that the group has made "good ground" on its costs.
Jeff Largey, head of metals and mining research at Macquarie Group, says the European steel market is stabilizing and that margins in the mining sector are improving.
Global miner Rio Tinto reported a 45 percent jump in second-half profit on Thursday, beating market forecasts.
David Lennox, Resources Analyst at Fat Prophets ,expects the mining giant to post underlying full-year earnings in the range of $9.7 to $9.9 billion.
Brad Gordon, CEO of African Barrick Gold, says 2013 was a "watershed year" for the group and that it now has a "lot more discipline" for capital expenditures.
The emerging markets sell-off could boost mining companies, analysts said on Tuesday, ahead of earnings from some of the sector's biggest names.
Andrew Dale, division director of global natural resources at Macquarie Securities, says Glencore will be a beneficiary of improving copper production costs ahead.
Peter Akerley, President & CEO of Canada-based Erdene Resource Development, says Mongolia has been making progress in terms of mining regulations.
Paul Gait, senior metals and mining research analyst at Sanford Bernstein, discusses the companies to watch in the metals and mining space.
Nik Stanojevic, equity analyst at Brewin Dolphin, discusses what to expect from Rio Tinto and Glencore Xstrata's earnings.