GO
Loading...

Enter multiple symbols separated by commas

Precious Metals and Mining

More

  • PRECIOUS-Gold slips as Greek crisis knocks euro Tuesday, 30 Jun 2015 | 6:01 AM ET

    *Stocks, euro fall as Greece approaches default. *Greece hours away from deadline for IMF payment. LONDON, June 30- Gold prices fell on Tuesday as the prospect that Greece will default on a repayment to the International Monetary Fund knocked the euro, and as investors remained wary over the metal's longer-term prospects.

  • Commodities tomorrow: Dollar up, crude down Monday, 29 Jun 2015 | 4:00 PM ET
    Commodities tomorrow: Dollar up, crude down

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • How much will gold benefit from Greek fears? Sunday, 28 Jun 2015 | 7:47 PM ET
    How much will gold benefit from Greek fears?

    Ivan Szpakowski, commodities strategist at Citi, says Greece's debt crisis will help to push the price of gold above $1,200 an ounce.

  • June 26- Mining firm Rio Tinto Ltd has pledged to invest at least $250 million to $300 million in the construction of the underground section of the massive Oyu Tolgoi copper and gold mine in Mongolia this year, Mongolia's prime minister said on Friday. The second phase of construction at the mine is expected to begin this year, Prime Minister Chimed Saikhanbileg...

  • *Gold hits lowest since June 5, focus on Greece. *Palladium slides to near 2- year low at $666.82/ oz. LONDON, June 26- Gold slid to three-week lows on Friday as the euro slipped against the dollar on caution ahead of crunch talks on Greece this weekend, with concerns over the longer-term outlook for the metal also weighing on prices.

  • MARIKANA, South Africa, June 26- Almost three years after South African police shot 34 striking miners dead outside platinum producer Lonmin's Marikana mine, little has changed in this hardscrabble town that has become a symbol of post-apartheid hardship and inequities. A long-awaited probe into the slayings, unveiled on Thursday by President Jacob Zuma,...

  • LONDON, June 26- Shares in London- listed platinum producer Lonmin dropped to their lowest level in 3-1/ 2 months on Friday, after an inquiry into the killing of 34 miners during a 2012 strike put some of the blame on the company. Lonmin, the world's fourth-largest platinum producer by market value, was at the center of the 2012 strike which saw the "Marikana massacre,"...

  • Rio Tinto's most valuable diamond tender Thursday, 25 Jun 2015 | 9:45 PM ET
    Rio Tinto's most valuable diamond tender

    Alan Davies, CEO of Rio Tinto Diamonds and Minerals, says the gems in this year's tender include some of the most vivid pink and red diamonds ever dug out of the Argyle mine.

  • Commodities tomorrow: OPEC market share shrinks Thursday, 25 Jun 2015 | 4:00 PM ET
    Commodities tomorrow: OPEC market share shrinks

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • NEW YORK, June 25- Darden Restaurant Inc's plans unveiled this week to spin off some of its holdings into a real estate investment trust point to a gold mine others can tap, but a recent statement by the U.S. tax authority raises cautionary flags. The IRS was responding to inquiries about whether it would change its review practices when the operation being spun off...

  • June 25- Molycorp Inc, the only U.S. supplier of rare earths, filed for Chapter 11 bankruptcy protection on Thursday along with its North American subsidiaries to restructure $1.7 billion of debt in its U.S. and Canadian operations. Molycorp, whose shares have lost 86 percent of their value in the past year, said it had obtained agreement for up to $225 million in new...

  • June 25- Rare earths miner Molycorp Inc filed for Chapter 11 bankruptcy protection on Thursday along with its North American subsidiaries to restructure $1.7 billion of debt in its U.S. and Canadian operations. Molycorp has also obtained agreement for up to $225 million in new debtor-in-possession financing, it said in a statement. The Birmingham, Alabama-...

  • *Bank of China recently joined London benchmark. SHANGHAI, June 25- Industrial and Commercial Bank of China Ltd, the world's largest bank by assets, said it was interested in participating in the twice-daily London gold price benchmarking process. "ICBC is very keen on participating," Zhou Ming, general manager in the bank's precious metals department said at an...

  • PRECIOUS-Gold holds near 2-week low as market eyes Greece Wednesday, 24 Jun 2015 | 9:16 PM ET

    SINGAPORE, June 25- Gold was little changed on Thursday, hovering close to the prior session's two-week low as investors awaited news on Greece's talks with its international lenders to avert a default, while prospects of a U.S. interest rate hike also reined in prices. *Athens's talks with creditors bogged down on details, with next week's deadline to repay 1.6...

  • June 24- Shareholders of Canada's AuRico Gold Inc and Alamos Gold Inc on Wednesday voted in favor of a $1.5 billion merger, creating a mid-sized gold producer with operations in Canada and Mexico. Alamos and AuRico shareholders will each own about half the combined company, which will be called Alamos Gold. A new company, AuRico Metals Inc, will be formed to hold...

  • Commodities tomorrow: Rising US production ... again Wednesday, 24 Jun 2015 | 4:00 PM ET
    Commodities tomorrow: Rising US production ... again

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • TEL AVIV, June 24- The family businesses that make up the global diamond trade have seen their profits wiped out over the past five years, hit by shaky financing, increased costs and uncertain demand from customers who prefer hi-tech gadgets to bling. While the $80 billion overall spent on diamond jewelry last year was a record, the manufacturers are expected to...

  • *Prices steady as Greece says deal with creditors rejected. LONDON, June 24- Gold steadied off a one-week low on Wednesday after Greece said international lenders had rejected its latest proposals to avoid default, knocking stocks, and as the dollar retreated. The precious metal has declined for the last three days as the dollar strengthened, and as optimism over...

  • *Prices firm as Greece says deal with creditors rejected. LONDON, June 24- Gold edged higher on Wednesday after Greece said international lenders had rejected its latest proposals to avoid default, knocking stocks, and as a softer dollar helped the metal recover from a one-week low. The precious metal has declined for the last three days as the dollar...

  • Commodities tomorrow: Gas prices flat Tuesday, 23 Jun 2015 | 4:00 PM ET
    Commodities tomorrow: Gas prices flat

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Optimism out of Greece and strong numbers out of Europe pushed crude higher on the day.