European shares closed lower lower on Monday with basic resources stocks weighing heavily on bourses after weak data from China.» Read More
Cynthia Carroll, CEO of Anglo American, told CNBC that the reason behind a drop in operating profits was a drop in prices across the commodities market, but that the industry would find growth in emerging markets.
Global mining groups, such as BHP Billiton, Vale and Anglo American, are pruning their expansive portfolios, as calls from shareholders for greater focus and spending discipline prompt them to shed non-core assets.
China's rising copper inventories and slowing economic growth is casting a pall over the usually bullish mood at Cesco week in Santiago, the largest annual gathering of the world’s copper miners, traders, consumers and investors. The FT reports.
Considering the sharp rally in the market, can you safely assume stocks have bottomed?
Miners have started to protect themselves against a fall in the price of copper as the metal’s rally, which only a few months ago looked unstoppable, has hit a wall, the Financial Times reports.
A body pulled from the Mississippi River near the French Quarter on Tuesday was that of a missing Texas oil company executive, police said.
An official with the New Orleans Police Department said Sequent Energy Management President Douglas Schantz's disappearance may be linked to foul play, Dow Jones reported on Monday.
Miners and train and bus company Stagecoach Group were big gainers on the London Stock Exchange in morning trading Wednesday.