SYDNEY, July 29- Lead inched to a new 17- month top on Tuesday and zinc prices hovered near 3- year highs as investors ploughed into metals that have lagged this year and now look undervalued on prospects of reviving global growth. *Three-month lead on the London Metal Exchange rose to $2,305, a new top since late February 2013.» Read More
Structural issues in the European steel making industry need to be addressed, according to Jeff Largey, mining analyst at Macquarie Group, as steel prices look set to decline.
Jeff Largey, head of metals and mining research at Macquarie Group, says that over supply is the main structural issue in the global steel industry.
Jon Bergtheil, metals and mining analyst at Citi, explains that he remains underweight on most gold stocks because there is "still scope for more selling", particularly in 2014.
Graeme Hossie, CEO of London Mining, talks to CNBC about plans to extend mine life in Sierra Leone.
Richard Hemming, Author of Under the Radar says a recent pick up in risk appetite will have Australian investors flocking to the small cap market. He thinks smaller caps provide better returns than large cap stocks.
Nicholas Curtis, Chairman of Lynas Corp says China's crackdown on illegal rare earth mining is a welcome and important step in helping rebalance the industry.
Michael Widmer, metals strategist at Bank of America Merrill Lynch, discusses metal commodities and says gold should rally if tapering does not start soon.
Felipe Larrain Bascunan, Chile finance minister, highlights that while Chile is concerned about copper demand from China, the recovery in Europe and U.S. should help the country stay on a growth path.
Glencore Xstrata promised investors on Tuesday it would slash costs, shelve risky projects and squeeze more benefits from its $46 billion takeover of mining group Xstrata, lifting its target to at least $2 billion of synergies by next year.
Mike Elliott, global metals and mining sector leader at EY, tells CNBC how the newly-elected Australian Prime Minister may act to boost the metals and mining sector, as promised.
After falling by almost 20 percent earlier this year, copper prices have rallied over the past two months, helped by an uptick in Chinese economic activity. However, analysts warn the rebound may be short-lived.
David Wilson, director of metals research & strategy at the Citi Research Team, tells CNBC that copper still looks like a market moving into oversupply.
Sean Hyman, Editor of Moneynews at Ultimate Wealth Report explains why oil will remain strong whether or not the U.S. attacks Syria.
The global steel industry should prepare for slowing China growth, Alexey Kulichenko, the chief financial officer of Russia's second-largest steel producer Severstal, told CNBC on Monday.
How do you make money in these markets? Here is what some of the experts have been saying to CNBC.
Vitaly Nesis, CEO of Polymetal, tells CNBC that in the longer-term there's no way gold can go below 1500 dollars per ounce as the industry will not survive that level of pricing.
Nik Stanojevic, equity analyst at Brewin Dolphin, tells CNBC that the mining sector is really going to be driven by stocking cycles.
Diego Hernandez, CEO of copper mining company, Antofagasta, tells CNBC that they are at full capacity but the problem is how fast they can grow.
Falling demand from China will likely cause an oversupply in the copper market by the end of this year and could weigh on prices for the metal until 2016, the CEO of copper miner Antofagasta told CNBC on Tuesday.
Michael Widmer, metals strategist at Bank of America Merrill Lynch, tells CNBC that the market has got itself into a state discussing Fed tapering.