NEW YORK-- Shares of some top chemicals companies were up at the close of trading:. Dow Chemical Co. rose$. 48 or 1.4 percent, to $34.62. DuPont Co. rose$. 32 or. 6 percent, to $54.02.
RIO DE JANEIRO, June 18- Brazil, a major producer of iron ore, gold, copper and other metals, unveiled a long-awaited bill to reform its 46- year-old mining code on Tuesday, proposing a doubling of the current top royalty rate and stricter rules for opening new mines.
RIO DE JANEIRO, June 18- Brazil, the world's second-largest producer of iron ore, unveiled a long-awaited bill to reform the country's 46- year-old mining code on Tuesday, proposing royalties of up to 4 percent, double the current rate. Murilo Ferreira, chief executive of Vale SA, the world's largest iron ore exporter, said the bill would hit miners hard.
RIO DE JANEIRO, June 18- Brazil, the world's second-largest producer of iron ore, unveiled a long-awaited bill to reform the country's 46- year-old mining code on Tuesday, proposing royalties of up to 4 percent, double the current rate. Murilo Ferreira, chief executive of Vale SA, the world's largest iron ore exporter, said the bill would hit miners hard.
Arch Coal rose$. 16 or 3.9 percent, to $4.25. Consol Energy Inc. rose$. 31 or 1.0 percent, to $32.27. Peabody Energy rose$. 13 or. 8 percent, to $16.93.
Barrick Gold Corp. fell$. 57 or 2.9 percent, to $18.85. Gold Fields fell$. 11 or 1.7 percent, to $5.94. Newmont Mining Corp. fell$. 93 or 2.8 percent, to $32.51.
Hecla Mining Co. fell$. 05 or 1.4 percent, to $3.29. Pan American Silver Corp. fell$. 16 or 1.3 percent, to $11.95. Silver Standard Resources Inc. fell$. 09 or 1.3 percent, to $6.98.
NEW YORK-- Shares of some top chemicals companies are up at 1 p.m.:. Dow Chemical Co. rose$. 55 or 1.6 percent, to $34.69. DuPont Co. rose$. 33 or. 6 percent, to $54.03.
RIO DE JANEIRO, June 18- Brazil, the world's second-largest producer of iron ore, unveiled a long-awaited bill to reform the country's 46- year-old mining code on Tuesday, proposing new royalties of up to 4 percent, double the current rate. President Dilma Rousseff said royalties would be calculated on gross income, rather than net earnings.
LONDON, June 18- Copper fell to a 1-1/ 2 month low on Tuesday as investors remained sidelined awaiting Federal Reserve Chairman Ben Bernanke's clarification on the central bank's plans for its monetary stimulus programme following a two-day policy meeting. Copper posted its steepest weekly decline since mid-April last week.
Hecla Mining Co. rose$. 01 or. 3 percent, to $3.35. Pan American Silver Corp. fell$. 04 or. 3 percent, to $12.08. Silver Standard Resources Inc. fell$. 04 or. 6 percent, to $7.03.
NEW YORK-- Shares of some top gold companies are down at 10 a.m.:. Barrick Gold Corp. fell$. 33 or 1.7 percent, to $19.09. Newmont Mining Corp. fell$. 46 or 1.4 percent, to $32.98.
Arch Coal rose$. 10 or 2.4 percent, to $4.19. Consol Energy Inc. rose$. 15 or. 5 percent, to $32.11. Peabody Energy rose$. 12 or. 7 percent, to $16.92.
NEW YORK-- Shares of some top chemicals companies are up at 10 a.m.:. Dow Chemical Co. rose$. 32 or. 9 percent, to $34.46. DuPont Co. rose$. 13 or. 2 percent, to $53.83.
LONDON, June 18- Copper dipped for a second day on Tuesday as investors waited for Federal Reserve Chairman Ben Bernanke to clarify the U.S. central bank's plans for its monetary stimulus programme at a two-day meeting starting later in the session.
*Copper falls on concerns over Fed stimulus. SINGAPORE, June 18- London copper eased for a second straight session on Tuesday, with investors cautious as they wait for more clues on the outlook for U.S. stimulus at a two-day Federal Reserve meeting starting later in the day.
SINGAPORE, June 18- London copper edged higher on Tuesday after a decline in the previous session, but trading remained cautious as investors awaited news on the Fed's stimulus programme from a two-day meeting starting later in the day. *Three-month copper on the London Metal Exchange rose 0.7 percent to $7,130.75 a tonne by 0102 GMT.
NEW YORK-- Standard& Poor's Ratings Services on Monday lowered its ratings on United States Steel Corp., expecting weak market conditions will continue to weigh on the steel maker.
Hecla Mining Co. fell$. 07 or 2.1 percent, to $3.34. Pan American Silver Corp. fell$. 02 or. 2 percent, to $12.11. Silver Standard Resources Inc. fell$. 15 or 2.1 percent, to $7.07.
Barrick Gold Corp. fell$. 08 or. 4 percent, to $19.42. Gold Fields Ltd ADS rose$. 02 or. 3 percent, to $6.04. Newmont Mining Corp. rose$. 25 or. 8 percent, to $33.44.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.