Steel magnate Lakshmi Mittal considered buying a stake in bid target Rio Tinto to expand his interests in iron ore but has decided against it for now, sources familiar with the matter said on Monday.
Australia wants to tighten foreign-investment rules to curb Chinese takeovers of local miners, a national daily said on Thursday, as it emerged that China's Sinosteel was circling two Australian iron ore firms.
The resource sector is still the smart investment now, while those attracted to beaten-down financial stocks should proceed with care, analysts told CNBC Europe.
Miner BHP Billiton may be forced to scrap its plan to rewrite the way billions of dollars of iron ore are sold every year after rival Rio Tinto struck a benchmark deal with China, analysts said on Tuesday.
China's state-owned aluminum giant Chinalco is keen to buy a range of global resource assets, and may consider raising its stake in global miner Rio Tinto, the Australian newspaper said on Tuesday.
Following are the day’s biggest winners and losers. Find out why shares of Marvel and Disney popped while Garmin and BHP Billiton dropped.
Production at global miner Rio Tinto will increase as global demand for commodities continues to soar, while prices are likely to continue rising, the company's CFO Guy Elliott told "Squawk Box Europe" on Thursday.
A coal train in Colombia was derailed by a guerrilla bomb attack early Tuesday morning, disrupting the mine's transport operations. What does this mean going forward?
European stocks fell 1.7 percent on Friday, losing ground for the third time in four sessions as a dip in metal prices prompted investors to book recent lofty gains on mining shares.
ArcelorMittal, the world's top steel maker, is in talks with Australia's Macarthur Coal after buying a 15 percent stake in the company, setting up a possible bidding war for the A$4.4 billion group and pushing its shares up 14 percent.
Chinese interests have approached a major Australian superannuation and investment fund to be their partner in a multi-billion-dollar swoop on 9 percent of BHP Billiton, The Australian newspaper reported.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Headquartered in Melbourne, Australia this producer of everything from diamonds to iron ore is the largest mining company in the world. Today, investors struck gold on reports that a Chinese firm will buy an anvil-sized stake in the miner. Who is it?
Following are the day’s biggest winners and losers. Find out why shares of Nike and BHP Billiton popped while Whole Foods and American Apparel dropped.
Not with aluminum giant Alcoa. This easy-to-understand investment could make you some mad money.
With big media earnings due this week, find out what former Disney Chief Michael Eisner says every trader should know! That, plus our other "Trade Tomorrow" plays!
Coal prices have more then doubled in a year. What's behind this booming trade?
Resource-hungry China may be planning to buy a more than 9 percent stake in BHP Billiton, the world's biggest miner, to gain influence over its proposed takeover of rival Rio Tinto, The Australian newspaper reported on Wednesday.
In Tuesday’s Web Extra the traders reveal how to play materials stocks on reports China is seeking to buy a larger stake in BHP Billiton.
South Korea's POSCO said on Thursday it was weighing up a rise in steel prices and may bid for Daewoo Shipbuilding and Marine, which analysts say could fetch nearly 5 trillion won.
The traders completed round 1 of the Fast Money Madness tournament going toe-to-toe over financials and commodities. Who advances?