Arch Coal fell$. 08 or 1.9 percent, to $4.19. Consol Energy Inc. fell$. 17 or. 4 percent, to $39.29. Peabody Energy fell$. 14 or. 9 percent, to $15.94.» Read More
Hecla Mining Co. rose$. 04 or 1.0 percent, to $3.43. Pan American Silver Corp. rose$. 13 or. 9 percent, to $14.37. Silver Standard Resources Inc. rose$. 16 or 1.5 percent, to $10.91.
Arch Coal fell$. 02 or. 5 percent, to $4.25. Consol Energy Inc. fell$. 20 or. 5 percent, to $39.26. Peabody Energy rose$. 08 or. 5 percent, to $16.16.
NEW YORK-- Shares of some top gold companies are up at 10 a.m.:. Barrick Gold Corp. rose$. 03 or. 2 percent, to $19.78. Newmont Mining Corp. rose$. 18 or. 7 percent, to $24.34.
NEW YORK-- Shares of some top chemicals companies are down at 10 a.m.:. Dow Chemical Co. fell$. 18 or. 4 percent, to $49.65. DuPont Co. fell$. 97 or 1.4 percent, to $66.38.
SunCoke said it would initially transfer a 33 percent interest in its Haverhill and Middletown cokemaking facilities in Ohio to SunCoke Energy Partners LP. Apart from the two coke plants to be initially transferred to the MLP, the company has plants in Virginia, Indiana and Illinois as well as in Brazil and India.
*China bonded copper premiums slide $15 to $120- $140- Shmet. LONDON, March 11- London copper rose on Tuesday as buyers took advantage of prices that hit their lowest level in eight months on Monday, but rising inventories in China and little sign of a pick-up in physical demand kept industrial metals under pressure.
LONDON, March 11- The recent history of copper and iron ore has been all about China. These price swoons have been triggered by the same fears about the China growth story. Both copper and iron ore markets are reacting to a bearish one-two combination of news out of China.
*Unexpected fall in China's exports has increased worries on economy. SINGAPORE/ BEIJING, March 11- China's biggest-listed steel maker Baosteel said a slump in iron ore was' inevitable' and prices had further to fall, as traders said some buyers in the world's top consumer of the raw material were trying to delay shipments after panic selling.
*Baosteel says iron ore prices still too high at above $100/ T. BEIJING, March 11- The recent slide in iron ore prices was "inevitable", with a price above $100 a tonne still too high, the head of China's biggest-listed steel maker Baoshan Iron& Steel said on Tuesday.
Mining and metal shares featured among the top gainers, halting their recent fall caused by concern over the pace of growth in China. The rebound could be capped, however, by tensions in Ukraine and lingering worries over growth in China, said Guillaume Dumans, co-head of research firm 2 Bremans.
SINGAPORE, March 11- Chinese steel mills and traders holding iron ore as collateral for financing are rushing to sell to repay loans, traders said, piling more pressure on the steel-making raw material that has lost over a fifth of its value this year.
*Freeport says tax breaches contract; govt wants firmer smelter commitments. Freeport and fellow U.S. miner Newmont Mining Corp have refused to pay an escalating export tax introduced on Jan. 12 as part of package of new mining rules aimed at forcing miners to build smelters and process raw materials in Indonesia.
JAKARTA, March 11- U.S. mining giant Freeport-McMoRan Copper and Gold Inc has cut production at its Indonesian copper and gold mine by around 60 percent, a union official told Reuters on Tuesday, two months after halting exports over a dispute with the government on a new export tax.
SYDNEY, March 11- London copper paused for breath on Tuesday, a day after it slid to 8- month lows, on speculation China's government is taking steps to soothe nerves jangled by a poor trade report that inflamed fears of flagging growth in the world's top user of metals.
March 10- Chemicals maker DuPont said it expected severe cold weather and storms in North America and business disruptions in Ukraine to hurt its first-quarter earnings and revenue. Freezing weather across North America has delayed the start of planting season this year, while political unrest in Ukraine has hurt DuPont's seed deliveries.
NEW YORK-- Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose$. 32 or. 6 percent, to $49.83. DuPont Co. rose$. 11 or. 2 percent, to $67.35.
Arch Coal fell$. 18 or 4.0 percent, to $4.27. Consol Energy Inc. fell$. 47 or 1.2 percent, to $39.46. Peabody Energy fell$. 61 or 3.7 percent, to $16.08.
Barrick Gold Corp. fell$. 16 or. 8 percent, to $19.75. Gold Fields rose$. 06 or 1.6 percent, to $3.83. Newmont Mining Corp. fell$. 29 or 1.2 percent, to $24.31.
Hecla Mining Co. fell$. 07 or 2.0 percent, to $3.39. Pan American Silver Corp. fell$. 04 or. 3 percent, to $14.24. Silver Standard Resources Inc. fell$. 19 or 1.7 percent, to $10.75.
Chanticleer Holdings Inc.: Approximately 294,200 shares changed hands, a 1,024.6 percent increase over its 65- day average volume. The shares fell$. 90 or 18.4 percent to $3.98. China Shengda Packaging Group: Approximately 1,107,500 shares changed hands, a 5,422.2 percent increase over its 65- day average volume.