Precious Metals and Minerals Mining
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Hecla Mining Co. rose$. 04 or 1.2 percent, to $3.41. Pan American Silver Corp. rose$. 24 or 2.0 percent, to $12.52. Silver Standard Resources Inc. rose$. 22 or 3.3 percent, to $6.95.
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NEW YORK-- Shares of some top gold companies are up at 1 p.m.:. Barrick Gold Corp. rose$. 34 or 1.8 percent, to $19.71. Newmont Mining Corp. rose$. 42 or 1.3 percent, to $32.36.
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Barrick Gold Corp. rose$. 50 or 2.6 percent, to $19.87. Gold Fields rose$. 10 or 1.7 percent, to $5.88. Newmont Mining Corp. rose$. 70 or 2.2 percent, to $32.64.
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Hecla Mining Co. rose$. 06 or 1.8 percent, to $3.43. Pan American Silver Corp. rose$. 41 or 3.3 percent, to $12.69. Silver Standard Resources Inc. rose$. 22 or 3.3 percent, to $6.95.
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John Lynch, Wells Fargo Private Bank, and Mark Lehmann, JMP Securities, discuss what's likely driving the recent rally, and what they hope to hear from the Fed's Bernanke when he testifies later this morning on Capitol Hill.
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JAKARTA, May 22- Freeport McMoRan Copper and Gold Inc said it will not restart production at the world's second-largest copper mine in Indonesia after a tunnel collapse that killed 28 workers until it is convinced of the mine's safety.
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SYDNEY, May 22- The end of Australia's resources boom is taking its toll on investment in the sector, with A $150 billion in planned projects delayed or cancelled since April 2012, government data shows. China's economic slowdown has squashed a decade-long mining boom in Australia that drove gold, copper, iron ore and coal to record prices.
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Barrick Gold Corp. fell$. 56 or 2.8 percent, to $19.37. Gold Fields Ltd ADS fell$. 21 or 3.5 percent, to $5.78. Newmont Mining Corp. fell$. 34 or 1.1 percent, to $31.94.
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Hecla Mining Co. fell$. 01 or. 3 percent, to $3.37. Pan American Silver Corp. fell$. 53 or 4.1 percent, to $12.41. Silver Standard Resources Inc. fell$. 20 or 2.9 percent, to $6.73.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders remain focused firmly on tomorrow's testimony from Fed Chairman Ben Bernanke. And expectations for this week's oil inventories.
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Hecla Mining Co. fell$. 01 or. 3 percent, to $3.37. Pan American Silver Corp. fell$. 28 or 2.2 percent, to $12.66. Silver Standard Resources Inc. fell$. 14 or 2.1 percent, to $6.79.
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Barrick Gold Corp. fell$. 26 or 1.3 percent, to $19.67. Gold Fields fell$. 12 or 2.0 percent, to $5.87. Newmont Mining Corp. fell$. 17 or. 5 percent, to $32.11.
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Barrick Gold Corp. fell$. 79 or 4.0 percent, to $19.14. Gold Fields fell$. 27 or 4.5 percent, to $5.72. Newmont Mining Corp. fell$. 83 or 2.6 percent, to $31.45.
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Hecla Mining Co. fell$. 13 or 3.8 percent, to $3.25. Pan American Silver Corp. fell$. 54 or 4.2 percent, to $12.40. Silver Standard Resources Inc. fell$. 39 or 5.6 percent, to $6.54.
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CAPE TOWN, May 21- Ten striking South African miners were taken to hospital on Tuesday after being hit by rubber bullets, police said, as labour strife swells in mines and factories ahead of mid-year pay negotiations.
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CAPE TOWN, May 21- A two-day wildcat strike at a Mercedes Benz plant in South Africa ended on Tuesday but industrial union NUMSA demanded a hefty pay hike for the sector, raising the prospect of labour unrest in factories alongside turmoil in the mines.
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JAKARTA, May 21- Freeport McMoRan Copper& Gold Inc's Indonesian mine could face a prolonged closure and scrutiny over its underground mining plans after one of the country's worst-ever mining disasters, analysts and mining sources said.
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Hecla Mining Co. rose$. 21 or 6.6 percent, to $3.38. Pan American Silver Corp. rose $1.20 or 10.2 percent, to $12.94. Silver Standard Resources Inc. rose$. 63 or 10.0 percent, to $6.93.
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Barrick Gold Corp. rose $1.35 or 7.3 percent, to $19.93. Gold Fields Ltd ADS rose$. 18 or 3.1 percent, to $5.99. Newmont Mining Corp. rose $1.65 or 5.4 percent, to $32.28.
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*Gold shoots up from 1- month low and 7 days of losses. *Silver hits Sept 2010 low before rebounding. Copper prices hit their highest in almost a week, helped by a weaker dollar and shrinking inventories of the metal in Asia, although concerns about China's growth capped gains.