GO
Loading...

Diversified Metals and Mining

More

  • NYANDENI, South Africa May 29- Mining accounts for a fraction of South Africa's gross domestic product but still hits well above its weight and is pushing the continent's most advanced economy towards recession.

  • SYDNEY, May 28- London copper steadied on Wednesday after hitting a near three-month peak the previous day with prices supported by improving demand in top consumer China, while London nickel firmed as unrest at a New Caledonian mine kept supply threats in focus.

  • SYDNEY, May 28- London nickel firmed on Wednesday as unrest at a New Caledonian mine kept supply threats in focus amid expectations for a supply deficit as soon as next year, while London copper drifted from near three-month peaks. *LME copper edged down by 0.3 percent to $6,915.50 a tonne by 0126 GMT, after closing flat the previous session.

  • BHP Billiton says it may cut jobs at Worsley Alumina Tuesday, 27 May 2014 | 9:06 AM ET

    LONDON, May 27- BHP Billiton, the world's largest diversified mining company, may cut jobs at its Worsley Alumina operations in Australia after completing a review of the business, the company said on Tuesday.

  • LONDON, May 20- Global miners and commodity traders are using multiple strategies to lock in favorable rates for shipping costs, anticipating a freight market recovery after years of turmoil.

  • Cool commodities? Mining stocks back in vogue Monday, 12 May 2014 | 7:22 AM ET

    Mining stocks have fallen out of favor, but just when things could have turned from bad to worse it appears that the sector is the new contrarian play for 2014.

  • Union plus Rustenburg mines could sell for $1- 2 bln- analysts. LONDON/ JOHANNESBURG, April 25- If Anglo American pushes ahead to divest underperforming platinum assets, a sale to a small South African company that specialises in squeezing profit out of mines nearing the end of their lives is seen as the most likely option.

  • Investors who believe copper's recent price decline is limited to China are on the "path to ruin", warned Albert Edwards, Societe Generale's uber-bearish strategist.

  • Resources selloff may be overdone: Altair     Monday, 10 Mar 2014 | 12:43 AM ET

    Commenting on Monday's rout in Australian resources stocks due to poor\ Chinese trade data, Philip Parker, Chairman & CEO, Altair Investment Management, says the selloff may have been overdone.

  • Is BHP giving enough back to shareholders?     Monday, 17 Feb 2014 | 10:23 PM ET

    Mark Taylor, Senior Resources Analyst at Morningstar, says the firm's lower-than-expected dividend suggests that a buyback may be on the cards.

  • Yellen's remarks push gold to a 3-month high Tuesday, 11 Feb 2014 | 4:39 PM ET

    Janet Yellen's remarks hinting the Fed will continue to taper pushed gold to a 3-month high.

  • Peter Akerley, President & CEO of Canada-based Erdene Resource Development, says Mongolia has been making progress in terms of mining regulations.

  • Scott Maddock, Anlyst at Macquarie Private Portfolio Management, says he expects the iron ore market to remain strong, which should generate good returns for BHP Billiton shareholders

  • South African miners treated as 'slaves': Union head Monday, 20 Jan 2014 | 11:57 AM ET
    AMCU leader Joseph Mathunjwa addresses miners in August, 2013

    The president of South Africa's main trade union for platinum workers told CNBC that miners were treated like slaves, after ordering strikes that will start on Thursday.

  • Why it's time to turn bullish on miners Monday, 20 Jan 2014 | 3:49 AM ET
    Diamond mine in Mirny, Russia

    After four years of sector underperformance due to oversupply and a lack of demand, miners present a buying opportunity in 2014, analysts say.

  • Iron ore could be the gold of 2014: Pro     Monday, 6 Jan 2014 | 5:47 PM ET

    Warren Gilman, Chairman and CEO of CEF Holdings, says iron ore could fall as much as 30 percent this year.

  • 2014 unlikely to boast good valuations: Pro     Wednesday, 11 Dec 2013 | 10:42 PM ET

    David Walker, Head of Equities Research, StocksInValue.com.au says 2014 won't be a standout year for stock valuations with slow growth in intrinsic value.

  • How Fortescue survived falling iron ore prices     Tuesday, 26 Nov 2013 | 7:14 PM ET

    Andrew Forrest, Chairman of Fortescue Metals Group, explains how a combination of high capital expenditure and cost-cutting helped the firm to push through last year's drop in iron ore prices.

  • Stay away from pure-play coal miners: Pro     Monday, 16 Sep 2013 | 11:22 PM ET

    Ephrem Ravi, Head of Metals & Mining Sector, Asia Ex-Japan Equity Research at Barclays says investors should be cautious when investing in pure-play coal companies, with the expectation that the coal price will continue to decline.

  • Glencore to beat cost saving target, more ahead Tuesday, 10 Sep 2013 | 2:40 AM ET

    Glencore Xstrata promised investors on Tuesday it would slash costs, shelve risky projects and squeeze more benefits from its $46 billion takeover of mining group Xstrata, lifting its target to at least $2 billion of synergies by next year.