Barrick Gold Corp. rose$. 17 or. 9 percent, to $18.39. Gold Fields rose$. 21 or 4.5 percent, to $4.84. Newmont Mining Corp. rose$. 23 or. 9 percent, to $27.09.» Read More
Norman Moore, Minister for Mines & Petroleum, Government of Western Australia says the Australian mining tax is unconstitutional and that he doesn't believe it will raise as much money as the Federal government hopes it will.
Shares of mining giants may have slumped this year on falling demand from China and as investors shun assets but they may be due for a bounce.
Peter Esho, Chief Market Analyst, City Index explains why he thinks the current share prices for BHP Billiton are very attractive. He also weighs in on its recent acquisition of U.S. shale gas assets amid market talk of a writedown in August.
Ephrem Ravi, Head of Metals & Mining Sector at Barclays says that markets are bullish on copper and that it is a good thing that BHP Billiton can produce more of it.
Gold has been having a rough ride lately. Here's what one technical analyst sees next.
Global mining groups, such as BHP Billiton, Vale and Anglo American, are pruning their expansive portfolios, as calls from shareholders for greater focus and spending discipline prompt them to shed non-core assets.
Jeff Bradley, Globe Specialty Metals CEO, explains how silicon metal is made and the competition his company faces. "We are a very unique company, and we are the lowest cost producer of [silicon metal] in the entire world," says Bradley.
China is releasing a slew of economic data this week, with the potential to move a key currency. The question is how.
Metals faltered after weak U.S. jobs data Friday, with CNBC's Brian Shactman.
Paul Bloxham, Chief Economist for Australia and New Zealand, HSBC says Australia's latest mining tax is a relatively small tax, which is about 0.1-0.2 percent of Australia's GDP per annum.
Mike Young, CEO of BC Iron, says Australia's mining industry does not oppose tax reform, but adds that the implementation of the Minerals Resource Rent Tax does not fall under reform.
Gina Rinehart, reputed to be the world's richest woman, is making headlines again for power struggles with her family and the Australian media.
Jonathan Barratt, CEO & Founder of Barratt's Bulletin, says that commodity investors have to sit on the sidelines, because there is no confidence in the market.
Robert Quartermain, President and CEO at Pretium Resources said he is confident that gold prices will rise going forward, adding that the precious metal should be in the portfolio of every investor.
Christopher Dundas, Chairman and CEO of Duluth Metals talks about the company's recent discovery of a "multi-billion tonne" deposit that includes gold, nickel and copper.
Hong Kong Exchanges and Clearing (HKex) has defended its purchase price of $2.18 billion for the London Metal Exchange, after some analysts voiced concerns about the amount it was paying.
Mining stocks will underperform over the next 6-to-12 months, Andrew Dale, head of metals and mining at Macquarie Asia, told CNBC.
The Market Vectors Gold Miners Index exchange-traded fund drew some bullish option activity yesterday as traders focus increasingly on precious metals.
Ephrem Ravi, Head of Metals & Mining Sector, Asia Ex-Japan Equity Research, Barclays Capital says Coal India and Jiangxi Copper are his top picks in the mining sector.
Brian Wesson, CEO, Woulfe Mining says tungsten is driven mostly by global economic expansion and the metal's price is tracking gold's price.