Materials and Metals Metals and Mining

  • BHP Billiton CEO Andrew Mackenzie talks about the current state of the commodity markets, with specific comment on China and iron ore.

  • LONDON, Aug 16- Aluminium hit a month high and copper also gained on Tuesday as speculators scooped up metals on a weakening dollar that came under pressure from signals that U.S. interest rates would remain on hold. Nickel, however, resisted the stronger trend as investors had second thoughts about the impact of a environmental audit of mines in the Philippines.

  • LONDON, Aug 16- Gold rose around 1 percent on Tuesday as a series of lower-than-expected U.S. economic data weighed on the dollar and reduced prospects for a Federal Reserve interest rate hike this year. Spot gold rose to a session high of $1,353.23 an ounce and was up 1 percent at $1,351.35 by 1010 GMT. Spot gold was within reach of a more than two-year high of...

  • LONDON, Aug 16- Chilean miner Antofagasta cheered investors with a slim rise in mid-year profit on Tuesday achieved mostly through cost cuts aimed at weathering a weak copper market it does not expect to rebound before 2018.. Majority-owned by Chile's wealthy Luksic family, Antofagasta cut capital expenditure by 42 percent to $385 million in the first half...

  • BHP Billiton's record-breaking loss will be addressed by improving cash flow and cutting costs, says Nik Stanojevic, equity analyst at Brewin Dolphin.

  • BHP Billiton numbers came back worse than expectations: Analyst

    Paul Renken, senior geologist and mining analyst at VSA Capital Limited, discusses the results from BHP Billiton and the commodities market.

  • SYDNEY, Aug 16- Too costly to shut down and too inefficient to include in last year's spin off of unwanted assets, BHP Billiton's much-maligned Nickel West division is making a comeback. "In many ways, this is the business that has led the charge on making things more efficient, despite a very difficult market," BHP Chief Executive Andrew Mackenzie said after the...

  • MELBOURNE, Aug 16- BHP Billiton reported a record $6.4 billion annual loss on Tuesday, hammered by a bad bet on shale, a dam disaster in Brazil and a commodities slump, but said it expects its cash flow to more than double this year. The world's biggest mining company said with cost cuts and a reduction in net debt it expects to generate more than $7 billion in free cash...

  • What's the outlook for BHP Billiton?

    David Stubbs, global markets strategist at JP Morgan Asset Management, discusses BHP Billiton's latest earnings and slowing economic growth in China.

  • BHP Preview

    Market will be focused on the miner's free cash flow sustainability, says Swiss Asia Capital Singapore's Juerg Kiener.

  • Commodities

    Standard Chartered WM's Manpreet Gill outlines various factors that suggest iron ore's fundamentals have improved.

  • A Chinese steel worker helps load steel rods onto a large truck for transport at a plant on April 6, 2016 in Tangshan, Hebei province, China. China's government plans to slash steel production by up to 150 million tons, and could mean as many as 400,000 lost jobs, according to state estimates. Officials point to excessive industrial capacity, a slump in demand and plunging prices as they attempt to restructure China's slowing economy.

    Iron ore prices have surged 50 percent this year, prompting speculation that the market may be poised for a fall.

  • Mining Stocks

    Aurora Funds Management's Hugh Dive says he has miners stocks because there is a lack of clarity on outlook.

  • MELBOURNE, Aug 16- London copper was treading water near its weakest in a month on Tuesday on a seasonal lull in appetite and shaky prospects for China demand-growth, with traders also looking ahead to a slew of U.S. economic reports. London Metal Exchange copper was trading flat at $4,768.50 a tonne at 0117 GMT, having closed a tad firmer on Monday.

  • *Fortescue securing exploration ground before data made public. *Fortescue says complying with relevant laws. Fortescue secured new exploration ground by paying Western Australia's Department of Mines and Petroleum for numerous electronic information requests on specific land parcels ahead of the free, public release of data detailing which leases had...

  • Iron Ore

    Iron ore prices will remain choppy through 2016, but are expected to rise steadily in the next two years, says Prestige Economics' Jason Schenker.

  • Time to bet on miners?

    The "FMHR" trades discuss the trades in the mining and metals space as gold and silver continue to gain.

  • Striking miners demonstrate in Marikana in the South African platinum belt.

    Lonmin miners still live in the "truly appalling" conditions that were a major cause of the fatal strikes four years ago, Amnesty International says.

  • Lusaka, Zambia

    Zambia's president has been re-elected in a closely contested vote, the country's electoral commission announced Monday.

  • LONDON, Aug 15- Australian uranium miner Aura Energy Ltd is making a bet on a rebound in uranium prices as it lists in London, hoping to raise about 2.85 million pounds to fund development of a mine in Mauritania, its chief executive said on Monday. It will use most of the proceeds from the listing to fund its Mauritania project, which is in the process of a feasibility...