*Beijing trying to end years of support for bloated sector's such as steel. TANGSHAN, China, July 23- In Tangshan, a polluted industrial Chinese city that produces more steel a year than the entire United States, the Xinming Steel Pipe Plant shut earlier this month leaving more than 400 workers and a host of creditors unpaid.» Read More
An unheralded Russian club owned by billionaire oligarch Suleiman Kerimov is expected to make Samuel Eto’o the world’s highest paid footballer, the FT reports.
Both the U.S. and Europe are facing a decade of slow growth brought on primarily by the blunders of central banks, noted doomsayer Marc Faber said.
In what could be a precursor to much higher margins at the CME, MF Global today has raised its margins on one contract of silver from $14,513 to $25,397, or an increase of 75%.
"Worldwide stock markets over the last year have been moving opposite of gold. This suggests that to keep balance in your portfolio, you need to not to put everything in the same basket. Let's look at a possible allocation out of cash, stocks and bonds, and into precious metals," Michael Haynes, chief executive at American Precious Metals Exchange, told CNBC.
Cramer makes the call on viewers' favorite stocks.
The only producer of rare earth oxides in the Western Hemisphere has turned a profit. Breaking down the numbers and a look at growth prospects, with Mark Smith, Molycorp, CEO.
With the price of gold soaring to record levels, the precious metal has become that much more dear. Where and how should gold buyers store their bullion and coins?
The West is close the point where its paper currency system is insolvent, and as a result gold is heading to $5,000 an ounce, according to the manager of a gold fund.
Simon Rutherfurd, Portfolio Manager at Northwest Capital, is currently overweight on Rio and believes that it is a very good buy at these levels.
A check on how steel stocks have taken a dive.
Sean Fenton, Director at Tribeca Investment Partners, believes that mining services with exposure to Australia's capex boom and agriculture with leverage to emerging market consumption growth are offering the strongest growth potential at the moment.
Edward Dowling, CEO of Alacer Gold, is forecasting about a 20% increase in gold production by 2015.
Gary Halverson, Australia-Pacific Regional President at Barrick Gold, believes that hedging their production and operation costs against the Australian dollar will continue to help the company remain profitable.
David Flanagan, CEO of Atlas Iron, explains why he believes the new carbon taxes imposed on Australian miners are detrimental to business and investments.
Dan Lougher, Director of Operations at Western Areas talks about the impact of the strong Australian dollar on small miners.
Todd Buchholz, Economist and Former White House Advisor says the mining industry is being affected by a global economic slowdown.
Ian Murray, Chairman of Gold Road Resources, says finding quality deposits and improving operational efficiencies are the biggest concerns for mining companies.
Warren Gilman, Chairman & CEO of CEF Holdings, says a strong Australian dollar will dog the country's mining sector for years and the only way to hedge that is to try to get production offshore.
Commodities supplies may not be able to keep pace with demand in the future mining giant Anglo American wanred on Friday as it reported first half profits which smashed expectations.
Discussing the company's earnings miss and the outlook on mining and iron ore production, with Joseph Carrabba, Cliffs Natural Resources CEO.