MOSCOW, April 21- Russian diamond mining company Alrosa said on Tuesday its first-quarter output rose 6 percent year-on-year to 8.4 million carats and revenue from rough diamond sales was set to reach at least $1.1 billion. Alrosa, the world's top producer by output in carats, also reported that its first-quarter rough diamond prices fell by 3 percent.» Read More
Hecla Mining Co. rose$. 05 or 1.6 percent, to $3.21. Pan American Silver Corp. rose$. 05 or. 5 percent, to $9.34. Silver Standard Resources Inc. rose$. 11 or 2.1 percent, to $5.47.
Arch Coal rose$. 02 or 1.9 percent, to $1.06. Consol Energy Inc. fell $1.09 or 3.5 percent, to $30.05. Peabody Energy fell$. 10 or 1.9 percent, to $5.09.
NEW YORK— Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose$. 43 or. 9 percent, to $50.09. DuPont Co. rose $1.29 or 1.8 percent, to $72.84.
SYDNEY, April 21- Rio Tinto on Tuesday posted a sharp rise in quarterly iron ore output amid a push to capture more of the global market despite a mounting supply glut driving ore prices to 10- year lows. The price of iron ore has crashed from highs of $130 a tonne at the start of last year to around $50 a tonne this week. Rio Tinto's average cash cost of iron ore...
The groups first sued after the EPA in October approved the herbicide's use in six states: Illinois, Indiana, Iowa, Ohio, South Dakota and Wisconsin. The latest motions were filed after the EPA decided last month to allow its use in nine more states: Arkansas, Kansas, Louisiana, Minnesota, Missouri, Mississippi, Nebraska, Oklahoma and North Dakota.
FORT WAYNE, Ind. _ Steel Dynamics Inc. on Monday reported first-quarter earnings of $30.8 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share. Steel Dynamics shares have increased almost 6 percent since the beginning of the year.
LAKE FOREST, Ill. _ Packaging Corp. of America on Monday reported first-quarter net income of $90.8 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.09 per share. Packaging Corp. shares have dropped slightly more than 1 percent since the beginning of the year.
OMAHA, Neb.— It could cost more than $900 million to begin extracting a rare heat-resistant element in southeast Nebraska, but the Canadian firm pursuing the mine project remains optimistic it will be built. NioCorp Developments officials discussed the latest projections for a niobium mine near Elk Creek with investors Monday. The U.S. Geologic Survey...
April 20- A trust controlled by British financier Nat Rothschild and the parent of Russia's Siberian Coal Energy Co are considering making a cash offer for coal miner Asia Resource Minerals Plc, which has most of its operations in Indonesia. The potential offer from NR Holdings and SUEK Plc comes less than a week after ARMS received notice of a possible 210...
NEW YORK— Shares of some top chemicals companies are up at 1 p.m.:. Dow Chemical Co. rose$. 24 or. 5 percent, to $49.90. DuPont Co. rose$. 81 or 1.1 percent, to $72.36.
Arch Coal rose$. 03 or 2.9 percent, to $1.07. Consol Energy Inc. rose$. 39 or 1.3 percent, to $31.53. Peabody Energy rose$. 01 or. 2 percent, to $5.20.
NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. fell$. 02 or. 2 percent, to $12.74. Newmont Mining Corp. fell$. 01 or percent, to $23.56.
Hecla Mining Co. rose$. 07 or 2.2 percent, to $3.23. Pan American Silver Corp. fell$. 01 or. 1 percent, to $9.28. Silver Standard Resources Inc. rose$. 13 or 2.4 percent, to $5.49.
NEW YORK— Shares of some top chemicals companies are up at 10 a.m.:. Dow Chemical Co. rose$. 22 or. 4 percent, to $49.88. DuPont Co. rose$. 93 or 1.3 percent, to $72.48.
Arch Coal fell$. 01 or 1.0 percent, to $1.03. Consol Energy Inc. rose$. 08 or. 3 percent, to $31.22. Peabody Energy unchanged at $5.19.
NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. fell$. 04 or. 3 percent, to $12.72. Newmont Mining Corp. fell$. 03 or. 1 percent, to $23.54.
Hecla Mining Co. fell$. 01 or. 2 percent, to $3.16. Pan American Silver Corp. fell$. 04 or. 4 percent, to $9.25. Silver Standard Resources Inc. fell$. 03 or. 6 percent, to $5.33.
SANTIAGO, April 20- When Antofagasta Chief Executive Diego Hernandez took the stage at the world's biggest copper conference last week, he talked about the growing risks mining companies face from rising worker salaries in South America due to staff shortages and strong unions. Last year, Antofagasta agreed to four-year contracts, including pay increases...
April 20- Contracts at major copper mines, including Antamina in Peru and Grasberg in Indonesia, expire this year in the biggest round of contract negotiations since 2011.. The mine is controlled by BHP Billiton and Glencore Plc which have 33.75 percent stakes. Teck Resources has a 22.5 percent interest, and Mitsubishi Corp has 10 percent.
MELBOURNE, April 20- London copper rallied to its highest in four weeks on Monday after China cut the amount of cash that banks must hold as reserves to help combat slowing growth in the world's second biggest economy. *The most-traded June copper contract on the Shanghai Futures Exchange traded down by 0.1 percent to 43,700 yuan a tonne in late Friday trade, but...