Dec 11- Mining equipment maker Joy Global Inc forecast 2014 earnings below analysts' estimates after reporting a quarterly profit that fell short of expectations as miners cut spending. Coal miners, who account for about two-thirds of Joy Global's revenue, have cut back on buying equipment as they struggle with a supply glut and weak prices.» Read More
Paul Trainor, Senior Portfolio Manager, Macquarie Private Portfolio Management says investors should still be focused on yield while interest rates are falling in Australia.
Wayne Swan, Treasurer of Australia says weaker third quarter growth figures shouldn't be a concern. He says the country's economic fundamentals are still strong, despite market concerns about the slowing mining boom.
Warren Gilman, chairman and CEO of CEF Holdings, explains to CNBC his reaction to Rio Tinto's recent jump in the stock market, saying the price of its shares will most likely come back down shortly.
Tom Albanese, CEO of Rio Tinto discusses the impact of China's recovery on commodity prices as well as the company's latest round of cost-cutting measures.
Investment committed to Australian resource projects rose by nearly A$8 billion in the six months to the end of October, while the number of projects declined, in part underscoring rising construction and labor costs in Australia's resources sector amid weakening demand.
Australian mining magnate Gina Rinehart, one of the world's wealthiest people, has displayed a trait rarely revealed publicly among the super-rich: insecurity.
CNBC's Sharon Epperson reports gold is taking a breather after Friday's rally.
Japan has a miserable future ahead of it without radical changes to the business climate, the former chief executive of camera and medical equipment maker Olympus has told CNBC.
Glencore International's $31 billion takeover of Xstrata — approved by shareholders Tuesday — will create a merged company that may rival BHP Billiton as the world's top miner in five years' time, according to resources-focused private equity investor CEF Holdings.
Rich Ilczyszyn, CEO and founder of iiTrader, talks turkey about a seasonal gold trade that is on a winning streak.
Gaurav Sodhi, Resources Analyst, Intelligent Investor says that investment as a part of China's GDP growth has shrunk, which will negatively impact commodity markets.
BHP Billiton has quietly started looking for a successor to Marius Kloppers, chief executive, in what could herald a further shake-up in the leadership of the global mining industry following a five-year period of stability. The FT reports.
"Futures Now" trader Rich Ilczyszyn looks at whether silver can be bought at current levels.
"Futures Now" trader Rich Ilczyszyn looks at key levels for this industrial metal.
Investors should opt for U.S. Treasurys and gold because the boost to risky assets from central bank stimulus measures may already be over, according to a report by macroeconomic research firm Capital Economics.
Physical demand for gold from Asian consumers may be showing some modest signs of stabilization but the buying interest so common at this time of year during religious festivals and the wedding season still won't be strong enough to lift prices above $1,800 an ounce, strategists said.
‘Superstorm’ Sandy is set to inflict a negative hit on demand for crude oil as U.S. East Coast refineries come to a standstill, but BP’s Chief Executive Bob Dudley has told CNBC that oil firms are set to bounce back quickly.
After a slump in third-quarter earnings, Richard Adkerson, Freeport McMoran Copper & Gold CEO, told CNBC’s "Closing Bell" on Monday, he’s still optimistic about his business and copper fundamentals longer-term.
Although construction and mining giant Caterpillar cut its full-year outlook and missed Wall Street’s revenue estimates on Monday, one analyst says the stock is a “buy” if global growth is positive.
The Australian government on Monday lowered its expectations for a budget surplus as falling commodity prices coupled with slower growth begins to bite, giving rise to the question: should the country drop the idea of a surplus?