TORONTO _ Kinross Gold Corp. on Wednesday reported a second-quarter loss of $83.2 million, after reporting a profit in the same period a year earlier. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for a loss of 1 cent per share. Three analysts surveyed by Zacks expected $748.6 million.» Read More
Carlyle Group is close to reaching an agreement to buy Illinois Tool Works Inc's industrial packaging unit for more than $3 billion, sources said.
U.S. shale oil drillers are being treated as "milk cows" for refiners due to Washington's longstanding ban on U.S. crude exports, one of the top drillers has complained.
Corning Incorporated makes gorilla glass for smartphones. Jim Flaws, Corning vice chairman and chief financial officer, discusses the company's relationship with Apple and Samsung. Flaws also explains the threat sapphire presents to gorilla glass.
A 29.6 carat blue diamond, with a possible price tag of tens of millions of dollars, has been discovered at a mine in South Africa.
The president of South Africa's main trade union for platinum workers told CNBC that miners were treated like slaves, after ordering strikes that will start on Thursday.
Australian miners shoveled record tonnages of iron ore in the December quarter, supported by billions of dollars worth of expansion plans coming on stream.
Commodity fund managers face an uphill struggle persuading investors to return to the unloved sector after an abject year.
Aluminum makers have been shifting from mining, refining and smelting and focusing on fabricated products. Here's why.
Indonesia banned all mineral ore exports, as expected, on Sunday, but will likely allow some U.S. mining giants to continue shipments.
Alcoa reported quarterly revenue that beat analysts' expectations on Thursday, but earnings came up short.
The spike in COMEX March copper futures prices around midday in NY was due to an "error trade," a source familiar with the matter said.
Breaking down the bearish bets in material stocks, with Brian Stutland of Stutland Volatility. WeyerhaeuSer is reporting earnings on Friday.
Mining giant Glencore Xstrata is expected to write down the value of assets inherited from Xstrata by as much as $7 billion, when it reports first-half earnings on Tuesday.
The Dow is in the red but industrial names are hitting new highs today. James Paulsen, Wells Capital Management; and Jerry Castellini, CastleArk Management, weigh in on big moves in the market.
With the S&P 500 reaching new records and flirting with 1,700, data show it to be a broad-based move, with all 10 S&P sectors close to 52-week highs.
Cyclicals are heating up as the summer approaches and the economy starts to show signs of improvement, analysts say.
Materials have lagged all year, but one option trader is betting that the sector will go from worst to first.
After years of on-off talks, Glencore's head Ivan Glasenberg gets to complete the $30 billion acquisition of Xstrata on Thursday, the mining industry's biggest takeover yet.
The massive plant explosion in Texas could be beneficial in the long-term to some fertilizer companies, Citigroup said in a research note on Thursday.
Codelco, the world's #1 copper producer, is losing a "relevant" amount of output due to a two-day-old strike at its Radomiro Tomic open pit mine in northern Chile, the company said on Sunday, branding the work stoppage illegal.