--Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Sept 1- In the high-stakes poker game being played between the Indonesian government and mining companies, it has come as a bit of a surprise that Jakarta appears to be playing the winning hand.» Read More
March 6- Mining equipment maker Joy Global Inc said demand from miners for maintenance work was returning after more than a year of delay when its main customers struggled with a coal glut and weak prices. Joy Global's shares rose as much as 5.4 percent in early trading after the company also raised the lower end of its 2014 profit forecast range.
*Zimbabwe takes the hard line on minerals beneficiation. *DRC, Zambia want to tax copper concentrate exports.
March 6- Joy Global Inc reported a two-thirds drop in quarterly profit due to lower demand for mining equipment in the middle of a coal glut, but the company said maintenance revenue was rising as miners can no longer delay work on old equipment.
LONDON, March 6- Copper was steady and some other base metals slipped on Thursday on investor concern over future demand in top metals consumer China after more details emerged about reform plans.
March 6- Joy Global Inc, a mining equipment maker, reported a 66 percent fall in quarterly profit as coal miners struggling with oversupply cut spending. Joy Global, which gets about two-thirds of its total revenue from coal miners, has cut costs to offset the impact of lower sales.
LONDON, March 6- Copper and other base metals slipped on Thursday on investor concern over future demand in top metals consumer China after more details emerged about reform plans.
March 6- Joy Global Inc, a mining equipment maker, reported a 66 percent fall in quarterly profit as coal miners cut spending due to weak prices caused by oversupply. The company's net income fell to $48.9 million, or 48 cents per share, in the first quarter from $142.1 million, or $1.33 per share, a year earlier.
Panaji, India, March 6- A consortium led by Steel Authority of India Ltd, the country's second-biggest steelmaker, hopes to buy coal mines overseas in the next few months when it has completed due diligence on facilities in Indonesia, Mozambique and the United States.
JAKARTA, March 6- Base metals edged lower on Thursday as China said it would cut investment to its lowest in 10 years, snapping a rally that drove nickel and zinc prices to multiple-month highs after diplomatic efforts reduced worries over Ukraine.
JAKARTA, March 6- Base metals edged lower on Thursday as diplomatic efforts moderated the crisis over Ukraine and China's commitment to reduce investment capped this week's rally that saw nickel and zinc prices spike to multiple-month highs.
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.