Economists may teach that low prices and declining demand encourage producers to decrease supply, but the iron ore industry may have skipped class that day.» Read More
Asian equity markets ended mostly higher on Wednesday following a better than expected growth report from the world's second biggest economy.
Rio Tinto posted an 8 percent drop in first-quarter shipments compared with the previous quarter due to weather disruptions in Australia and Canada.
Even as Australia’s mining sector struggles with a slowdown in China, analysts polled by CNBC still think there are some some diamonds in the rough.
Several metal-exporting ports in the Andean country remained closed Wednesday, suggesting trade flows might be temporarily interrupted.
Asian shares rose on Wednesday after Wall Street shares posted a three-day winning streak on the back of strong data.
London copper climbed to its highest in more than three weeks on Wednesday after a powerful earthquake off the coast of Chile raised supply concerns.
Paul Gait, senior research analyst for metals and mining at Sanford Bernstein, says BHP's news that it could de-merger $19billion of non-core assets makes sense but is unlikely to unlock significant value.
Some of the names on the move ahead of the open.
Asian shares were mostly higher on Monday as traders closed out of positions before the end of the quarter.
Asian stocks were mixed on Thursday as investors fretted about tougher sanctions against Russia.
Asian equities were mostly higher on Wednesday, rebounding after the previous day's losses, on hopes of fresh stimulus measures in Europe and China.
Asian equity markets rebounded on Friday after better than expected U.S data restored confidence in the economic recovery.
Asian equity markets rose on Tuesday, stabilizing after recent volatility, as the implementation of sanctions on Russia lifted global risk appetite.
Asian stocks overcame an uninspiring handover the U.S. to trade higher on Tuesday after posting steep declines in the previous session.
Dale Gillham, Chief Market Analyst at Wealth Within, explains why weakness in the majority of Australia's resource shares is 'not a big issue.'
European shares closed lower lower on Monday with basic resources stocks weighing heavily on bourses after weak data from China.
Few bright sparks could be found in dour Asian stock markets on Monday.
Australian miner Fortescue Metals Group said half-year net profit more than tripled to $1.7 billion, in line with market forecasts.
European stocks closed lower on Tuesday, after mixed data from Germany and reports that Peugeot had finalized a deal with Dongfeng.
Japan's benchmark index rallied to a near three-week high on Tuesday following the Bank of Japan's monetary policy announcement.