Newly formed mining and metals group South32 is open to acquisitions once it breaks from BHP Billiton, its CEO-elect Graham Kerr said on Wednesday.» Read More
Jan 13- Former Xstrata Plc Chief Executive Mick Davis is considering a bid for Vale SA's nickel business, the Bloomberg reported. Davis's investment vehicle X2 Resources values Vale's nickel business at $5 billion to $7 billion, Bloomberg said, citing two people, who asked not to be identified because the negotiations are private. X2 has raised about $4.8...
European shares closed mixed on Monday, with Greece struck by renewed political uncertainty after its politicians failed to agree on a new president.
European shares closed sharply higher on Friday after the U.S. monthly jobs report showed the economy adding 321,000 jobs in November.
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,...
European shares closed lower Monday with the falling price of major commodities weighing heavily on the mining and energy sectors.
Global equity markets jumped on Friday morning after the Chinese central bank unexpectedly cut interest rates to boost its flagging economic growth.
European stocks ended the day in the green on Tuesday afternoon, after fluctuating throughout in the day.
Iron ore prices have dived this year and there's no respite ahead for the metal, according to Citi, which forecasts double-digit declines in 2015.
European stocks closed lower on Friday after the U.S. economy produced fewer than expected jobs in October and tensions in Ukraine flared.
European shares enjoyed a late-stage rally after better-than-expected economic data and in spite of worries over lackluster earnings.
European shares closed down on Monday, with sentiment curbed by lower commodity prices as well as an profit warning from supermarket Tesco.
The prices of a range of commodities slid further Monday, dragging down stocks as investors feared more pain ahead for the asset class.
European shares closed lower on Monday, with the decline led by the U.K.'s FTSE 100 after weak trade data from China.
The report does not specify the value of the gem, but a diamond of the same size sold for $6 million in 2011.
European shares slipped to close marginally lower, as investors monitored events in eastern Ukraine and reacted to economic data from the region.
European stock markets closed down on Friday, on reports that Ukrainian troops had destroyed part of a military unit entering from Russia.
Chinese brides and Indian festivals will drive diamond demand into new year, the CEO of De Beers told CNBC.
Gold steadied above $1,300, aided by anticipation of increased geopolitical risks as the U.S. began demanding answers from Russia after MH17.
European shares closed lower on Thursday, as investors shunned riskier assets due to a resurgence in concerns about Russia and sanctioning.
Gold held near a two-month high, and looked set to post its second quarterly gain as geopolitical tensions boosted its safe-haven appeal.