July 29- International Paper Co, the largest corrugated box maker in North America, posted a higher-than-expected profit on Tuesday, citing slowly returning demand in the United States and Europe. For the second quarter, the company posted net income of $161 million, or 37 cents per share, compared with $259 million, or 57 cents per share, a year earlier.» Read More
Hecla Mining Co. fell$. 04 or 1.2 percent, to $3.27. Pan American Silver Corp. rose$. 13 or. 9 percent, to $15.13. Silver Standard Resources Inc. rose$. 27 or 2.9 percent, to $9.53.
Arch Coal fell$. 03 or 1.0 percent, to $2.86. Consol Energy Inc. fell$. 07 or. 2 percent, to $39.94. Peabody Energy rose$. 16 or 1.1 percent, to $15.15.
Barrick Gold Corp. rose$. 01 or. 1 percent, to $18.69. Gold Fields rose$. 03 or. 7 percent, to $4.07. Newmont Mining Corp. rose$. 49 or 1.9 percent, to $25.64.
NEW YORK— Shares of some top chemicals companies were mixed at the close of trading:. Dow Chemical Co. fell$. 01 or percent, to $53.70. DuPont Co. rose$. 39 or. 6 percent, to $65.32.
NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. fell$. 13 or. 7 percent, to $18.55. Newmont Mining Corp. rose$. 25 or 1.0 percent, to $25.40.
Hecla Mining Co. fell$. 06 or 1.8 percent, to $3.25. Pan American Silver Corp. fell$. 05 or. 3 percent, to $14.95. Silver Standard Resources Inc. rose$. 12 or 1.3 percent, to $9.38.
Arch Coal fell$. 05 or 1.7 percent, to $2.84. Consol Energy Inc. fell$. 05 or. 1 percent, to $39.96. Peabody Energy rose$. 15 or 1.0 percent, to $15.14.
*Freeport expected to export 756,000 T copper concentrate. LONDON, July 28- Copper was steady on Monday as investors weighed increased supply from Indonesia against prospects for higher demand, while lead was near a 1-1/ 2 year high, tracking related metal zinc.
Hecla Mining Co. fell$. 03 or. 9 percent, to $3.28. Pan American Silver Corp. fell$. 10 or. 7 percent, to $14.90. Silver Wheaton fell$. 17 or. 6 percent, to $26.55.
NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. fell$. 11 or. 6 percent, to $18.57. Newmont Mining Corp. unchanged at $25.15.
Arch Coal unchanged at $2.89. Consol Energy Inc. rose$. 06 or. 1 percent, to $40.07. Peabody Energy rose$. 11 or. 7 percent, to $15.10.
NEW YORK— Shares of some top chemicals companies are mixed at 10 a.m.:. Dow Chemical Co. fell$. 02 or percent, to $53.69. DuPont Co. rose$. 22 or. 3 percent, to $65.15.
Concerns about the potentially dangerous impact of hydraulic fracturing, or fracking, in the search for shale gas has prompted protests in Britain and outright bans on the practice in France and elsewhere.
LONDON, July 28- Copper was little changed on Monday as investors weighed increased supply from Indonesia versus prospects for better demand, while lead was near a 1-1/ 2 year top, catching up with recent gains in its sister-metal zinc.
LONDON— Energy firms will be able to bid for licenses Monday to explore for shale gas in Britain, three years after the controversial fracking process caused seismic tremors which led the government to suspend operations.
--Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, July 28- One thing has become clear from the latest production reports from the big three iron ore miners: They appear intent on ensuring their dominance by boosting low-cost output.
NEWPORT NEWS, Va.— NEWPORT NEWS, Va.— Coal from Appalachia rumbles into this port city, 150 railroad cars at a time, bound for the belly of the massive cargo ship Prime Lily. The ship soon sets sail for South America, its 80,000 tons of coal destined for power plants and factories, an export of American energy— and pollution.
LUENEN, Germany— One of Germany's newest coal-fired power plants rises here from the banks of a 100- year-old canal that once shipped coal mined from the Ruhr Valley to the world. Coal mining's demise in Germany comes as the country is experiencing a resurgence in coal-fired power, one which the U.S. increasingly has helped supply.
SYDNEY, July 28- London copper opened steady on Monday after a two percent run up last week, stalling on news that major miner Freeport was set to resume concentrate exports from Indonesia after a six-month halt, unlocking a kink in supply.
July 25- A former adviser to mining giant BSG Resources was sentenced in New York federal court on Friday to two years in prison for obstructing a criminal probe in connection with a bribery investigation in Guinea.
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