Rio Tinto said it was on track to produce 295 million tons of the steel-making material in 2014, up from 266 million last year.» Read More
WASHINGTON, July 28- The U.S. Commerce Department has put on hold at least two companies' requests for permission to sell lightly processed crude abroad, effectively stalling an industry push to export an expanding glut of oil amid the U.S. shale revolution, sources said.
NEW YORK, April 23- The U.S. Securities and Exchange Commission on Wednesday won an asset freeze against a former Banco Santander SA executive it accused of insider trading ahead of a proposed 2010 takeover of Potash Corp of Saskatchewan Inc..
Take a look at some of Friday's midday movers:
Australian billionaire Gina Rinehart has secured $7.2 billion in debt for her Roy Hill iron ore mining project.
WINNIPEG, Manitoba, March 13- Two junior potash producers working in unusual locations look set to shake off the most bearish industry conditions in five years and open new mines, helped by their proximity to Brazil and Africa, two of the world's most promising but under-served fertilizer markets.
China posts the biggest drop in exports in four-and-a-half years and the biggest trade deficit in two years, weighing on stocks.
Asian shares mostly saw subdued trade on Thursday, ahead of Friday's U.S. nonfarm payrolls report.
RIO DE JANEIRO/ SAO PAULO Feb 27- Vale SA, the world's largest iron ore producer, will continue reining in costs this year even as the outlook for prices and sales volumes is improving, its chief executive officer said on Thursday.
After a most choppy session, Asian stocks closed lower on the first trading day of the week.
Some of Tuesday's midday movers:
Charles Leyland, Managing Director at Leyland Private Asset Management says despite Challenger Financial Group's strong result, there is still plenty of growth left in the stock.
BHP Billiton reported a 31 percent rise in first-half profit on Tuesday and signaled it would consider a dividend hike in August.
Attention this week is likely to be on the release of HSBC's flash China purchasing managers' index (PMI) for February and Bank of Japan's meeting.
David Walker, Head of Equities Research at Stocks In Value, says Rio Tinto could reward investors with a stronger-than-expected dividend.
Asian equity markets traded mixed on Wednesday. Overnight gains on Wall Street pushed Japan and South Korea shares on a rebound.
Asian stocks declined on Thursday after a preliminary reading of Chinese manufacturing activity fell to a six-month low.
Scott Maddock, Anlyst at Macquarie Private Portfolio Management, says he expects the iron ore market to remain strong, which should generate good returns for BHP Billiton shareholders
BHP Billiton posted strong rises in its December quarter and said it was well positioned to reward shareholders as productivity increased.
The "Fast Money" traders share their final trades of the day.
Australian miners shoveled record tonnages of iron ore in the December quarter, supported by billions of dollars worth of expansion plans coming on stream.