GO
Loading...

Precious Metals and Mining

More

  • SYDNEY, Dec 15- Australian gold miner Newcrest Mining Ltd said on Monday it was planning to split the development of its massive Golpu deposit in Papua New Guinea into two stages as it seeks to reduce spending and improve returns. Newcrest, which jointly owns the project with South Africa's Harmony Gold Mining Ltd, said it had approved a feasibility study to first...

  • Commodities tomorrow: Oil under $60, could go lower  Thursday, 11 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil bounced around before it fell below $60 near the close. There's simply too much oil on the market and too little demand. And OPEC isn't going to cut production any time soon.

  • NEW DELHI, Dec 11- Indian Prime Minister Narendra Modi told President Vladimir Putin on Thursday that Russia will remain India's top defence supplier, even though New Delhi's options had improved since the end of the Cold War. In the biggest, state-owned Rosatom will build 12 nuclear reactors in India, oil major Rosneft signed a 10- year crude supply deal with...

  • NEW DELHI, Dec 11- Indian Prime Minister Narendra Modi told President Vladimir Putin on Thursday that Russia will remain India's top defense supplier, even though New Delhi's options had improved since the end of the Cold War. In the most significant ones, state-owned Rosatom will build 12 nuclear reactors in India, energy major Rosneft inked a 10- year crude...

  • Putin's one-day visit to India comes at a time when Russia is at odds with the West over Ukraine, and its economy is stalling as oil prices tumble to their lowest in five years. The tension over Ukraine intruded on the choreographed visit when it emerged that the leader of Crimea, the former Ukrainian territory annexed by Russia, had travelled with Putin to India...

  • Will gold shine bright in 2015?  Thursday, 11 Dec 2014 | 2:15 AM ET

    Matthew Turner, precious metals analyst at Macquarie Securities, says he is "cautiously bullish" on gold with Indian and Chinese demand to return and U.S. interest rates likely to peak at lower levels than the market expects.

  • NEW DELHI, Dec 11- Russian President Vladimir Putin visits India on Thursday in an attempt to revive a historic friendship that has faded over the years, seeking to improve cooperation in energy, defence and nuclear power. He flies to New Delhi for his first summit with Prime Minister Narendra Modi at a time when Russia is at odds with the West over Ukraine, and its...

  • Commodities tomorrow: $50 oil by January?  Wednesday, 10 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down again today, as the commodity free fall continues. OPEC cut its 2015 demand projection and the Saudis ask why they should cut production.

  • JOHANNESBURG, Dec 10- South African stocks rebounded on Wednesday, led by gold mining companies such as Gold Fields and AngloGold Ashanti which rose on the back of a firm gold price and a weaker rand. Gold Fields was the biggest climber on Johannesburg's broader All-share index, gaining 6.6 percent to its highest level in more than a year. Africa's largest gold...

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil started out lower but had a technical rebound. Traders bought the dips, but expect it to continue its fall. Gold popped on the day.

  • The silent crash in commodities—a warning sign Tuesday, 9 Dec 2014 | 12:32 PM ET

    We should heed the warning sign that the silent crash in commodities is flashing, says Ron Insana.

  • LONDON, Dec 9- Rising demand led by the United States and tighter supplies will boost the diamond market in coming years, but challenges to growth will include access to financing and the need for increased marketing, consultancy Bain said on Tuesday. Rising demand in the United States, the top retail market for diamond jewelry, followed by China and India, will...

  • SINGAPORE, Dec 9- Gold gave up some of its overnight gains on Tuesday as the dollar recovered from losses and oil prices weakened, dulling the metal's appeal as a hedge. *Spot gold had slipped 0.2 percent to $1,200.26 an ounce by 0036 GMT. *Gold jumped more than 1 percent on Monday on a brief surge of late-day technical buying as it breached the $1,200- per-ounce level...

  • Commodities tomorrow: Crude hits stocks  Monday, 8 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. It was a very rough day for crude. Nat gas was down, as well.

  • *Gold falls as much as 1.6 pct before paring losses. LONDON, Dec 5- Gold fell more than 1 percent on Friday after U.S. Spot gold was down 0.7 percent at $1,196.86 an ounce at 1426 GMT, while U.S. gold futures for December delivery were down $9.90 an ounce at $1,197.80.

  • CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Comments out of Saudi Arabia that the market will stabilize at around $60/barrel put downward pressure on oil's price. Nat gas and gold were down, as well.

  • Why diamonds are an American's best friend  Thursday, 4 Dec 2014 | 6:10 AM ET

    The U.S. is the biggest market for diamonds, followed by China's and India, says Stephen Lussier, CEO at Forevermark at De Beers.

  • SINGAPORE, Dec 4- Gold edged lower on Thursday as the metal's appeal as a hedge declined with the dollar trading at a 5-1/ 2- year high against basket of major currencies. *Gold has been moving in tandem with oil prices recently as the metal is seen as a hedge against oil-led inflation. *South African precious metals mining firms Sibanye Gold and Northam Platinum are...

  • Commodities tomorrow: Nat gas down on warm weather  Wednesday, 3 Dec 2014 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The dollar got stronger, and crude was up for most of the day, due to short covering and a big drawdown on inventories.

  • TORONTO, Dec 3- Rio Tinto Plc's re-commitment to diamonds with a $350 million Canadian mine expansion has highlighted the prospects for a handful of smaller players boasting one of the sector's rarest commodities- new mines. Global consumer demand for diamond jewelry is forecast to grow at 4 to 5 percent annually, to $31 billion in 2018 from $25 billion last year,...