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Diversified Metals and Mining

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  • LONDON, March 4- Glencore Xstrata posted forecast-beating core profit in the first set of full annual results since the commodities group was formed, helped by a strong performance from its trading arm offsetting a decline at its mining division.

  • SANTIAGO, Feb 28- Some investors are fretting over fragility in Chile's economy, dragging its currency to a multiyear low in recent weeks, but the world's top copper exporter has underlying strengths that should support it even if emerging markets face more volatility ahead.

  • 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.

  • LONDON, Feb 14- Global miner Anglo American said its overhaul should gather pace in the next two years after initial improvements at its copper and iron ore mines helped annual operating profit beat forecasts.

  • SYDNEY, Feb 14- London copper climbed on Friday, underpinned by a weaker dollar and returning Chinese demand, shrugging off signs of a soft patch in the world's top economy after a bitter winter chilled retail sales in the United States. *The most-traded April copper contract on the Shanghai Futures Exchange was steady at 50,690 yuan a tonne.

  • 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.

  • Feb 2- Canadian diversified miner Teck Resources Ltd is investigating another spill at its Trail smelting complex in British Columbia, but said on Sunday it does not expect the incident to have a long-term impact on fish or the environment. The sewer leads to a treatment plant that discharges into the Columbia River.

  • *Metals trade quietens ahead of Lunar New Year holiday. *Copper drifts to seven-week low. LONDON, Jan 29- Aluminium touched its weakest levels in more than four years on Wednesday on persistent worries of overproduction while copper dropped for a sixth session ahead of the week-long Lunar New Year holiday in Asia.

  • METALS-Copper, nickel fall ahead of Fed, Chinese New Year Wednesday, 29 Jan 2014 | 11:06 AM ET

    LONDON, Jan 29- Copper dropped for a sixth session and nickel lost ground on Wednesday as investors adjusted positions and realised gains ahead of the week-long Lunar New Year holiday in Asia. We've also seen long liquidations and some profit-taking on copper and nickel, " Barclays analyst Gayle Berry said.

  • 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.

  • Copper rally won't last, experts warn Wednesday, 4 Sep 2013 | 7:50 AM ET

    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.

  • Antofagasta feels pain of falling copper prices Tuesday, 27 Aug 2013 | 1:35 AM ET

    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.