GO
Loading...

Enter multiple symbols separated by commas

Materials and Metals Metals and Mining

More

  • *Sharp fall in China imports weighs. LONDON/ FRANKFURT, August 4- Coal prices' downward trajectory shows no sign of reversing as a supply glut, combined with expectations that demand from top consumer China will shrink more, paint a bleak outlook for the fossil fuel which generates nearly half the world's electricity. Global coal prices have fallen by around 10...

  • *Platinum, palladium fall on oversupply, weak China demand. LONDON, Aug 4- Gold rose on Tuesday as the dollar weakened after soft U.S. economic data, while platinum and palladium hit multi-year lows on oversupply and sluggish autocatalysts demand. Platinum dipped to its lowest since January 2009 at $940.50 an ounce, while palladium hit a near three-year low of...

  • Good assets available for M&A: CEO

    Bill Beament, CEO of Northern Star Resources, says he wouldn't rule out small asset acquisitions.

  • Phoenix Gold: Weak Aussie dollar is a 'great fillip' Tuesday, 4 Aug 2015 | 12:35 AM ET
    Phoenix Gold: Weak Aussie dollar is a 'great fillip'

    Dale Rogers, executive chairman of Phoenix Gold, says margins among Australia's gold miners remain robust due to decreasing costs on the back of a weaker Australian dollar.

  • Behind the scenes at Australia's biggest mining forum

    As the sun goes down, delegates attending the Diggers and Dealers mining forum flock to the local pubs. CNBC's Matthew Taylor has more from Kalgoorlie, Western Australia.

  • How Western Areas is coping with commodity slump Monday, 3 Aug 2015 | 11:31 PM ET
    How Western Areas is coping with commodity slump

    Dan Lougher, MD & CEO of Western Areas, says the firm rolled out cost-cutting measures to combat falling commodity prices, while a weaker Aussie dollar is working in the company's favor.

  • Saracen Mineral: Margins expanding despite gold's slide

    Raleigh Finlayson, managing director at Saracen Mineral Holdings, says factors such as a weaker Australian dollar have cushioned the impact of falling gold prices.

  • Heron Resources CEO: Positive on zinc Monday, 3 Aug 2015 | 9:36 PM ET
    Heron Resources CEO: Positive on zinc

    Despite the recent decline in the price of zinc, Heron Resources remains positive on the commodity's supply and demand fundamentals, says managing director & CEO Wayne Taylor.

  • How gold miners are weathering the price slump Monday, 3 Aug 2015 | 8:33 PM ET
    How gold miners are weathering the price slump

    While declining gold prices will inevitably hurt revenue, gold miners are getting help from falling local currencies and oil costs, says Greg Foulis, CEO of Kingsgate Consolidated.

  • Gold Road Resources: We're enjoying currency benefits

    Ian Murray, executive chairman at Gold Road Resources, says some miners are "making good money" from the current gold price in Australian dollars. He later introduces the company's latest discovery: the Gruyere deposit.

  • Expect RBA to hold rates after Aussie dollar's fall: HSBC

    Paul Bloxham, chief economist for Australia and New Zealand at HSBC, expects the Reserve Bank of Australia to keep interest rates steady following the recent fall in the Australian dollar.

  • Obama unveils clean energy plan, amid legal threats Monday, 3 Aug 2015 | 3:11 PM ET
    President Barack Obama delivers remarks on the Clean Power Plan at the White House in Washington August 3, 2015.

    President Obama unveiled his plan to tackle climate change by reducing greenhouse gas emissions.

  • Aug 3- Alpha Natural Resources Inc, one of the largest U.S. coal companies, became the latest in the hard-hit industry to seek bankruptcy on Monday. Walter Energy Inc and Patriot Coal Corp also filed for bankruptcy protection this year. Energy Future Holdings Corp, a power company that also has a large coal mining business, has been in bankruptcy since 2014..

  • Is there a global industrial recession? Monday, 3 Aug 2015 | 11:30 AM ET
    Is there a global industrial recession?

    Colin Hamilton, head of commodities research at Macquarie, discusses the commodities market and the collapse in prices for metals such as copper and gold.

  • LONDON, Aug 3- Volatility has returned to zinc spreads on the London Metal Exchange. Things have quietened down a little today but there is plenty of potential for more fun and games on the nearby spreads ahead of Aug. 19, this month's third-Wednesday prime prompt date. The outright three-month price is still sliding, touching a low point of $1,882.50 this morning,...

  • Aug 3- Coal miner Alpha Natural Resources Inc became the latest company to file for Chapter 11 bankruptcy due to a steep fall in coal prices. Walter Energy Inc and Patriot Coal Corp filed for bankruptcy protection earlier this year. The company and its affiliates operate more than 50 underground and surface mines, and more than 20 coal preparation facilities in...

  • Copper heads for bear market as confidence vanishes Monday, 3 Aug 2015 | 9:44 AM ET

    Copper tumbled to a six-year low on Monday, as weak manufacturing data and the selloff in Chinese equities continued to weigh on industrial metals.

  • NEW YORK— Alpha Natural Resources Inc., one of the country's biggest coal producers, became the latest in a string of coal companies to seek bankruptcy protection amid an historic shift in the electric power sector brought on by cheap natural gas and stricter pollution regulations. Alpha operates about 60 coal mines, many in parts of Appalachia that have seen...

  • *Copper mine supply disruptions mount; market nears balance- MS. MELBOURNE, Aug 3- London copper sank back towards six-year lows on Monday on jitters over China's economic health, after factory growth stuttered in July and a central bank official said downward pressure on the economy would persist into the second half. A private survey on Monday showed China's...

  • Asian spot iron ore does meet the technical definition of being in a bull market, having gained 25.4 percent between its record low of $44.10 a tonne on July 8 and the close of $55.30 on July 29. It's also worth noting that the so-called bull market was nowhere near as clear in the main iron ore derivative markets in Dalian and Singapore. Front-month Dalian futures...