Rio Tinto reported an 11 percent rise in annual iron ore shipments, roughly in line with its full-year guidance of 340 million tons.» Read More
European equities ended sharply in negative territory after a volatile day for oil prices and miners.
Mining stocks suffered from relentless selling on Tuesday, with Anglo American tumbling over 11 percent to a fresh record low.
European equities closed lower on Friday as investors reacted to sharp falls in China's stock markets.
As India embarks on an aggressive drive to revamp its ailing infrastructure, Asia's third-largest economy may emerge as bright spot for iron ore.
India's push to attract FDI has scored some wins but infrastructure and red tape are still an issue, business leaders tell CNBC.
Nov 17- Coal and iron ore producer Cliffs Natural Resources Inc said it would temporarily halt operations and cut 450 jobs at its Northshore iron ore mine in Minnesota by Dec. 1, aiming to lower costs at a time when miners battle weak prices and demand. Cliffs has already temporarily idled operations at its United Taconite mine in Minnesota in August and said on...
Nov 17- Coal and iron ore producer Cliffs Natural Resources Inc said it would temporarily halt all operations at its Northshore iron ore mine in Minnesota by Dec. 1, aiming to reduce costs at a time when miners are hit by weak prices and low demand. The company, which has previously idled the United Taconite mine, said it will continue to operate the Hibbing Taconite...
Nov 17- Coal and iron ore producer Cliffs Natural Resources Inc said it would temporarily halt all operations at two iron ore projects in Minnesota by Dec. 1, aiming to reduce costs at a time when miners are hit by weak prices and low demand. The company, which has previously idled the United Taconite mine, said it will continue to operate the Hibbing Taconite mine in...
Asian shares rebounded from the prior day's sell-off, as investors take heart from the rally on Wall Street.
Asian stocks were battered on Friday, amid sharp falls in commodity prices and growing expectations that the Fed will hike rates next month.
Asian stocks mostly edged up on Wednesday following fresh economic data from China that largely met expectations.
Asian stocks outside China and Japan mostly retreated on Monday, following below-view trade figures released at the weekend from China.
Asian shares traded mixed on Friday, as investors awaited the release of U.S. jobs data that could provide hints to when the Fed will raise interest rates.
Asian stocks put up a mixed performance on Thursday, as increasing odds of a U.S. interest-rate rise in December sapped risk appetite.
Asian stocks rose sharply on Wednesday, as factors such as a stellar debut from Japan Post's units fueled risk appetite in the region.
Investors welcomed Glencore's plans to cut debt by selling assets, but analysts caution that the stock will remain volatile for some time to come.
Asian equities outside China advanced on Tuesday, as the morale of investors got a boost from the overnight rally on Wall Street.
European equities ended slightly higher on Monday as investors digested more economic news from China and Europe, on top of earnings.
Asian stocks fell on Monday, as investors digested a private survey which showed China's manufacturing sector remaining in a tough spot.
European markets closed mixed Thursday, as investors tried to find their footing amid a busy day for corporate earnings.