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Precious Metals and Mining

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  • *Zimbabwe expansion on hold over tax. JOHANNESBURG, Feb 26- South Africa's Impala Platinum will revamp its Rustenburg mines to boost productivity, but staffing levels will stay the same at the centre of often violent labour unrest, its chief executive said on Thursday. Any move to cut jobs would almost certainly provoke resistance from the Association of...

  • HONG KONG, Feb 26- China is set to launch a link between gold markets in Shanghai and Hong Kong this year following a landmark stock connect scheme, aiming to enhance its pricing power of gold contracts and ultimately challenge its competitors in the West. While China is the world's largest consumer of the precious metal, having surpassed India, daily trading of...

  • Commodities tomorrow: Wait, oil was up?  Wednesday, 25 Feb 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Even after an 8.4 million barrel build, oil ended the day over $50.

  • Midday Glance: Silver companies Wednesday, 25 Feb 2015 | 1:18 PM ET

    Hecla Mining Co. rose$. 08 or 2.5 percent, to $3.34. Pan American Silver Corp. rose$. 23 or 2.4 percent, to $9.94. Silver Standard Resources Inc. rose$. 16 or 3.0 percent, to $5.32.

  • Midday Glance: Gold companies Wednesday, 25 Feb 2015 | 1:18 PM ET

    NEW YORK— Shares of some top gold companies are up at 1 p.m.:. Barrick Gold Corp. rose$. 15 or 1.2 percent, to $12.68. Newmont Mining Corp. rose$. 15 or. 6 percent, to $25.96.

  • Early Glance: Gold companies Wednesday, 25 Feb 2015 | 11:23 AM ET

    NEW YORK— Shares of some top gold companies are up at 10 a.m.:. Barrick Gold Corp. rose$. 01 or. 1 percent, to $12.54. Newmont Mining Corp. rose$. 16 or. 6 percent, to $25.97.

  • Early Glance: Silver companies Wednesday, 25 Feb 2015 | 11:23 AM ET

    Hecla Mining Co. rose$. 04 or 1.2 percent, to $3.30. Pan American Silver Corp. rose$. 01 or. 1 percent, to $9.72. Silver Standard Resources Inc. rose$. 10 or 1.8 percent, to $5.26.

  • *Palladium prices hit 6- week high at $804.10/ oz. LONDON, Feb 25- Gold rose on Wednesday, recovering from the previous day's seven-week lows, after comments from Federal Reserve Chair Janet Yellen suggested the central bank would not be rushed into raising interest rates. The precious metal rose more than 1 percent to a session high earlier in Asia after Chinese...

  • ATHENS, Feb 25- Greece's new left-wing government will not block Canadian firm Eldorado Gold Corp.' s mining operations in the country's north but will review permits for a processing plant at the site, a senior energy ministry official said on Wednesday. "The mining will not stop," the official told reporters, a day after Greece climbed down from pledges to halt...

  • Final Glance: Silver companies Tuesday, 24 Feb 2015 | 6:02 PM ET

    Hecla Mining Co. fell$. 08 or 2.4 percent, to $3.26. Pan American Silver Corp. fell$. 16 or 1.6 percent, to $9.71. Silver Standard Resources Inc. rose$. 06 or 1.1 percent, to $5.17.

  • Final Glance: Gold companies Tuesday, 24 Feb 2015 | 6:02 PM ET

    Barrick Gold Corp. fell$. 13 or 1.0 percent, to $12.58. GoldCorp fell$. 15 or. 7 percent, to $21.36. Newmont Mining Corp. fell$. 15 or. 6 percent, to $25.81.

  • Commodities tomorrow: Gas keeps rising  Tuesday, 24 Feb 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil ended the day under $50. Traders are expecting a build in tomorrow's inventory report.

  • Midday Glance: Gold companies Tuesday, 24 Feb 2015 | 1:17 PM ET

    NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. fell$. 14 or 1.1 percent, to $12.58. Newmont Mining Corp. fell$. 17 or. 7 percent, to $25.79.

  • Midday Glance: Silver companies Tuesday, 24 Feb 2015 | 1:17 PM ET

    Hecla Mining Co. fell$. 04 or 1.2 percent, to $3.30. Pan American Silver Corp. fell$. 11 or 1.1 percent, to $9.76. Silver Standard Resources Inc. fell$. 01 or. 2 percent, to $5.10.

  • Early Glance: Gold companies Tuesday, 24 Feb 2015 | 11:24 AM ET

    NEW YORK— Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 13 or 1.0 percent, to $12.58. Newmont Mining Corp. fell$. 50 or 1.9 percent, to $25.46.

  • Early Glance: Silver companies Tuesday, 24 Feb 2015 | 11:24 AM ET

    Hecla Mining Co. fell$. 04 or 1.0 percent, to $3.31. Pan American Silver Corp. fell$. 05 or. 5 percent, to $9.82. Silver Standard Resources Inc. fell$. 04 or. 8 percent, to $5.07.

  • *Natalka's gold reserves estimate cut by 49 pct. MOSCOW, Feb 24- Polyus Gold, Russia's biggest gold producer, is sticking with its flagship Natalka project despite a drop in its estimated gold reserves, and hopes to prepare an operating plan by mid-2015, it said on Tuesday. "This is a major decrease, although the company previously guided that it's likely to happen,"...

  • *H1 profit falls to $5.35 bln, above $5.1 bln consensus. MELBOURNE, Feb 24- Global miner BHP Billiton posted a 31 percent drop in half-year profit as prices for all its main products collapsed, but beat market forecasts and flagged further belt tightening to withstand the tough conditions. Amid tough conditions "they're doing better than the market's expecting, so...

  • *H1 profit falls to $5.35 bln, above $5.1 bln consensus. MELBOURNE, Feb 24- Global miner BHP Billiton posted a 31 percent drop in half-year profit as prices for all its main products collapsed, but beat market forecasts and flagged further belt tightening to withstand the tough conditions. "Quality operations are making a fist of the tough environment, and they're...

  • Final Glance: Gold companies Monday, 23 Feb 2015 | 6:04 PM ET

    Barrick Gold Corp. fell$. 18 or 1.4 percent, to $12.71. Gold Fields Ltd ADS rose$. 10 or 2.3 percent, to $4.36. Newmont Mining Corp. rose$. 38 or 1.5 percent, to $25.96.