"Results were better than expected, with solid operating results in coal and copper," RBC Capital Markets analyst Fraser Phillips said in a note to clients. Teck cut its 2014 copper cost forecast to between $1.95 and $2.05 per pound from $2.00 to $2.20 a pound.» Read More
*Miners gain most on China stimulus talk. Analysts said that any monetary easing by China, the world's biggest metals consumer, had potential to support metal prices and improve mining sector profits.
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.
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.
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.
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.
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
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.
After four years of sector underperformance due to oversupply and a lack of demand, miners present a buying opportunity in 2014, analysts say.
Warren Gilman, Chairman and CEO of CEF Holdings, says iron ore could fall as much as 30 percent this year.
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.
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.
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.