SYDNEY/ MELBOURNE, April 21- Rio Tinto on Tuesday missed first quarter analyst forecasts for iron ore shipments due to bad weather and transport delays, but maintained its full year production target in a bearish sign for prices already at 10- year lows. Iron ore shipments rose 9 percent to 72.5 million tonnes, still less than it mined, following a cyclone and a...» Read More
Major players, including George Soros, are reportedly pulling back from gold and silver has recorded yet another collapse.
The price action in silver since late January has been dramatic to say the least. The derivatives marketplace CME Group raising margin requirements has been seen by many as the reason for the 20 percent correction in prices since the precious metal hit a record over $49 an ounce on April 28th.
Billionaire Carlos Slim has been selling silver futures for "weeks" in an effort to actively hedge production of his silver mine, a spokesperson confirmed to CNBC Wednesday.
Molycorp is ready to buy other rare earth mining companies should the opportunity arise, said Chief Executive Mark Smith told CNBC Wednesday.
It has been the silver bullet for many investors, the best performing commodity so far this year. Now it's taking a breather. The reason behind the stunningly rapid rise in silver prices in the last few months — the frenzy of speculative interest — may be the main reason for the metal's recent decline.
Rare earth prices are reaching rarefied heights. World prices have doubled in the last four months for rare earths — metallic elements needed for many of the most sophisticated civilian and military technologies, whether smartphones or smart bombs.
With silver prices tumbling for a third straight session, traders are questioning if its record-breaking rally in recent months is finally over.
See what's happening, who's talking and what will be making headlines on Monday's "Squawk on the Street."
The global uranium industry, crippled by the March 11 earthquake and Tsunami in Japan, is now beginning to come out of the shock. Investors, who were earlier sitting on the sidelines, have re-entered the market to look for bargains.
The "Fast Money" traders highlight U.S. companies benefiting from pricing power that comes with a weak U.S. dollar.
Silver jumped 6 percent Thursday on the back of dollar weakness after Federal Reserve Chairman Ben Bernanke's dovish remarks Wednesday, but some analysts doubt the price can hit and stay above the $50 mark.
If stocks could attend William and Kate's wedding, Cramer thinks these names would be on the list.
The mining industry has been caught by natural disasters in the Pacific region, an intense mergers and acquisitions environment and emerging countries eyeing to get a hold on commodities resources, Evy Hambro, MD and CIO of the natural resources team at BlackRock told CNBC.
Earlier this month, Molycorp announced it will take a controlling stake in AS Silmet, one of only two rare earth producers in Europe.
The "Mad Money" host makes sense of how the market is reacting to earnings.
One thing in particular has the "Mad Money" host concerned, but here's his "Game Plan" going forward.
Newmont Mining wants to give investors a volatile ride through its planned dividend linked to the price of gold.
The Lightning Round is extended in this CNBC.com exclusive feature.
Miners have started to protect themselves against a fall in the price of copper as the metal’s rally, which only a few months ago looked unstoppable, has hit a wall, the Financial Times reports.
Cramer makes the call on viewers' favorite stocks.