SYDNEY, April 16- Australian miners are racing ahead with plans to expand iron ore production to capture more of the Chinese market for the steelmaking ingredient, amid strong competition from the world's biggest supplier Vale of Brazil.» Read More
*ThyssenKrupp to become diversified industrial group. BOCHUM, Germany, Jan 17- Steel maker ThyssenKrupp's Chief Executive Heinrich Hiesinger asked shareholders to be patient on Friday as he completes what is proving to be a troublesome overhaul of the company.
Warren Gilman, Chairman and CEO of CEF Holdings, says iron ore could fall as much as 30 percent this year.
VALLEY OF THE KINGS, Australia, Dec 19- A fleet of charter flights ferry thousands of workers to and from this outback mine site. Rio Tinto, BHP Billiton and Fortescue Metals Group are bulking up in Western Australia's iron-rich Pilbara desert as if the mining boom had never ended.
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.
Dec 4- Barrick Gold Corp, under fire for missteps in a tough market, started to address investor demands for a more independent board on Wednesday, by replacing two directors close to its departing founder with a pair of mining industry experts.
Dec 4- Barrick Gold Corp, under fire for a series of missteps in a tough market, confirmed on Wednesday that its 86- year-old chairman and founder will leave the board this spring, along with two other directors.
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.
Nov 14- Turquoise Hill Resources Ltd said Thursday it was planning a rights offering of up to $2.4 billion, citing delays at Rio Tinto's Oyu Tolgoi copper and gold mine in Mongolia that have stopped it from financing the mine's next phase.
LONDON, Oct 31- Glencore Xstrata beat market forecasts with copper output that rose over a third in the quarter, boosted by improvements in its Congolese and Chilean mines, as metals helped its trading arm perform "in line" with its expectations. Among diversified miners, Glencore Xstrata has the biggest exposure to copper.
*Albanese was CEO of Rio Tinto until January 2013. LONDON, Oct 29- Mining companies were too slow to respond to changing investor demands from mid-2011 as sentiment deteriorated, failing to spot the wave of change which eventually swept out a generation of executives, the former boss of miner Rio Tinto said on Tuesday.
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 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.
After falling by almost 20 percent earlier this year, copper prices have rallied over the past two months, helped by an uptick in Chinese economic activity. However, analysts warn the rebound may be short-lived.
Falling demand from China will likely cause an oversupply in the copper market by the end of this year and could weigh on prices for the metal until 2016, the CEO of copper miner Antofagasta told CNBC on Tuesday.
Mining stocks slipped on Tuesday, as weak earnings from BHP Billiton and Glencore Xstrata sent the sector lower. Analysts said miners were now the cheapest they have been in 30 years, and were set to bounce back when interest rates begin rising.
Ephrem Ravi, Head of Metals & Mining Sector, Asia Ex-Japan Equity Research at Barclays explains why BHP Billiton is still his top pick in the diversified metals space, even after a sharp rally in recent months.
The mining sector in Zimbabwe is still uncertain territory, benefiting from ample platinum reserves and a discipline workforce, but weighed down by government policy and corruption.
A recovery in consumer sentiment in the United States presents attractive opportunities for diamond investors, Panmure Gordon mining analyst Alison Turner said on Monday.
Brad Partridge, Portfolio Manager at Macquarie Private Portfolio Management says he's concerned about expectations for short-term weakness in the resources sector, and that investors should wait for prices to come down before buying stocks.
Charles Leyland, Managing Director of Leyland Private Asset Management says the refinancing deal Billabong made with Altamont puts the surfwear retailer in a good position.