As Australian stocks power to fresh five-year highs, analysts say the country's benchmark index is set for further gains.» Read More
Dec 4- Barrick Gold Corp, under fire for missteps in a tough market, started to address investor demands for a more independent board on Wednesday, by replacing two directors close to its departing founder with a pair of mining industry experts.
Dec 4- Barrick Gold Corp, under fire for a series of missteps in a tough market, confirmed on Wednesday that its 86- year-old chairman and founder will leave the board this spring, along with two other directors.
RIO DE JANEIRO, Nov 6- Brazil's Vale SA, the world's second-largest mining company, reported on Wednesday that its third-quarter net income more than doubled from a year earlier, beating analysts' expectations as iron ore prices and sales volumes rose.
"Our proposal offers a high level of certainty of regulatory approval," Watsa, chief executive of Fairfax Financial, said in a letter to BlackBerry that described the consortium he is setting up to buy the company as "a Canadian buyer not subject to Investment Canada review" and dismissed the idea of antitrust concerns.
Can the arm-wrestling CEO of Halcon Resources make his company profitable?
*Railway is key artery for Colombia's coal exports. BOGOTA, Sept 10- Workers at Colombia's main coal railway Fenoco, which transports about half of the country's coal exports, are negotiating with the company for better pay and improved benefits, their main union said on Tuesday.
Australia's corporate earnings season is over and the results have not been as bad as analysts feared, putting Aussie stocks on track and on a firmer note than their peers.
TORONTO, Aug 21- Peter Munk has long driven the agenda for Barrick Gold Corp, the company he formed in 1983 and built into the world's largest gold producer, but recent missteps have raised questions about the leadership of a man once seen as a visionary in the industry.
Top global miner BHP Billiton missed forecasts with a 30 percent drop in full-year profits, despite cutting costs in the face of falling commodity prices.
Graham Kerr, BHP Billiton CFO, breaks down the company's quarterly results, and reveals its cost-cutting plans and outlook on global energy.
Ephrem Ravi, Head of Metals & Mining Sector, Asia Ex-Japan Equity Research at Barclays explains why BHP Billiton is still his top pick in the diversified metals space, even after a sharp rally in recent months.
BHP Billiton said U.S. authorities have laid out grounds for possible enforcement action against the top global miner for corrupt practices.
Global resource stocks have had a run-up in the recent weeks driven by signs of stabilization in China's economy, but questions are arising over the sustainability of this trend.
Check out which companies are making headlines before the bell on Wednesday:
The Reserve Bank of Australia (RBA) holds its August policy meeting on Tuesday and is considered almost certain to cut rates a quarter point to 2.5 percent.
Asian stocks rallied on Thursday as investors breathed a sigh of relief that Chinese manufacturing activity didn't fall below market expectations in July.
Miner BHP Billiton's new boss is facing his biggest test as he weighs the fate of a $14 billion Canadian potash project just as the collapse of a dominant potash cartel.
*SEC says friends traded on BHP Billiton bid for Potash. In a lawsuit filed on Tuesday in U.S. District Court in New York, the SEC is seeking to recover nearly $1 million of alleged illegal profit by Cedric Cañas Maillard, a former adviser to Banco Santander's chief executive, and Julio Marín Ugedo, the former judge.
July 30- The breakup of Europe's largest potash fertilizer cartel will change the game for its North American counterpart, Canpotex Ltd, forcing the company to accept lower prices that will hurt profits and keep shares low.
The "Fast Money" traders share their final trades of the day.