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  • *India opening a mine a month, to double coal output by 2020. *China, Indonesia, India burn 71 pct of world's newly dug coal. MAGADH, India, Oct 6- Deep in the thickly forested hills in its east, India last month started production at what it hopes will in five years be Asia's biggest coal mine.

  • *Gold rises 2.2 percent after U.S. data on Friday. *Palladium falls after hitting highest since June. NEW YORK/ LONDON, Oct 5- Gold was little changed on Monday, as profit-taking set in after rallying on U.S. economic data that pushed back expectations of a Federal Reserve interest rate rise to early 2016, while silver extended gains on chart-based buying.

  • *AngloGold Ashanti drops to 38 on Top-40 index. JOHANNESBURG, Oct 5- The Johannesburg stock market, the capitalist heart of South Africa's' City of Gold', is close to relegating the last bullion producer in its bluechip index, the latest sign of the precious metal losing its place in an economy it once dominated. In its latest quarterly review of stocks on its...

  • *Copper rises, weak U.S. data prompts funds to cover shorts. LONDON, Oct 5- Copper prices jumped on Monday, as growing expectations that loose monetary policy in the United States will prevail for longer convinced some consumers to hedge their needs and persuaded funds to cover shorts. "The market is postponing its expectations of a mid-term rate hike," said Jens...

  • *Glencore in talks to sell agri business- sources. LONDON, Oct 5- Glencore Chief Executive Ivan Glasenberg said steep output cuts by copper miners will help lift prices in the next 18 months, in some of his first public comments since fears about commodities demand and the company's debt battered the company's shares. Trader and miner Glencore's stock jumped as...

  • Why Glencore's rally has further to go Monday, 5 Oct 2015 | 11:05 AM ET
    Why Glencore's rally has further to go

    Glencore shares surged on Monday and John Meyer, partner at SP Angel expects a further 40-50p to be added to the share price.

  • *Copper up, weak U.S. data prompts funds to cover shorts. LONDON, Oct 5- Copper jumped on Monday after New York opened, as growing expectations of loose monetary policy in the United States prevailing for longer than expected convinced some consumers to hedge their needs and persuaded funds to cover shorts. "The market is postponing its expectations of a mid-term...

  • Glencore shares soar on asset sale news Monday, 5 Oct 2015 | 6:00 AM ET
    Glencore shares soar on asset sale news

    Glencore shares skyrocketed as much as 72% on Monday in Hong Kong on hopes it would be able to cut debt with a sale of a stake in its agricultural assets.

  • *Potash Corp had offered 41 euros per share in cash. An acquisition of K+ S would have given Potash Corp an opportunity to realize savings from selling potash within North America from its own Western Canada mines and from K+ S's Legacy mine, which is under construction in the region. Since Potash Corp made its offer to K+ S privately at the end of May, shares of K+ S peers...

  • LONDON, Oct 5- European shares climbed higher on Monday, with a surge in Glencore lifting the mining sector and firmer oil prices giving energy stocks a boost. German potash producer K+ S slumped, however, after Potash Corp withdrew its bid for K+ S. Glencore extended its bounce-back from a bruising sell-off a week ago, up 8 percent after a surge in its Hong-Kong- listed...

  • *Potash Corp had offered 41 euros per share in cash. The acquisition would have given Potash Corp an opportunity to realize savings from selling potash within North America from its own Western Canada mines jointly with potash from K+ S's Legacy mine, which is under construction in the region. Since Potash Corp made its offer to K+ S privately at the end of May, shares...

  • South African coal miners begin strike Sunday, 4 Oct 2015 | 12:54 PM ET

    South African coal miners began a strike on Sunday after wage talks collapsed last week, disrupting the sector that produces the country's electricity and exports coal to Europe and Asia. The National Union of Mineworkers, which organised the strike, said last week that it would begin from 1800 local time. NUM's arch rival, the Association of Mineworkers and...

  • NEW YORK/ LONDON, Oct 2- New York copper prices closed up almost 1 percent on Friday as weaker-than-expected U.S. jobs data pressured the dollar, offsetting lingering concerns about U.S. economic growth and demand from top consumer China. Prices in London and New York fell over 1 percent to intraday lows immediately after data showed the United States created...

  • Trading Nation: Gold's next move Friday, 2 Oct 2015 | 2:39 PM ET
    Trading Nation: Gold's next move

    Phillip Streible, RJO Futures, and Erin Gibbs, S&P Capital IQ, look at where gold is headed from here, and whether investors should buy now.

  • Energy hurting jobs numbers? Friday, 2 Oct 2015 | 2:21 PM ET
    Energy hurting jobs numbers?

    The oil and gas sector has lost 12,000 jobs in the last month. Michael Dudas, Sterne Agee CRT, discusses the sector and what's in store.

  • LONDON, Oct 2- Britain's steel sector crisis intensified on Friday as its second-largest steelmaker, SSI UK, went into liquidation after mothballing its Redcar plant in northeast England earlier this week and axing 1,700 jobs. SSI UK has been hit by cheap imports, especially from the world's top steel producer China, and a slump in steel prices, which it expected...

  • METALS-Copper steady but demand concerns persist Friday, 2 Oct 2015 | 12:27 PM ET

    *Copper rebounds after sliding on weak U.S. job data. LONDON, Oct 2- Copper held steady on Friday but weaker U.S. jobs data fuelled concerns about growth in the world's largest economy and persistent worries about demand in top consumer China weighed on sentiment. Earlier in the session it slid to $5,010 after data showed the United States created fewer jobs in...

  • *Gold rebounds from two-week low after U.S. payrolls data. *Platinum recovers from lowest since December 2008. NEW YORK/ LONDON, Oct 2- Gold jumped more than 2 percent on Friday and was on track for its biggest daily gain since January on a flurry of short-covering as dismal U.S. jobs data dented expectations the Federal Reserve will raise interest rates this year.

  • *Copper stocks in LME approved warehouses lower. LONDON, Oct 2- Copper fell on Friday as worries about demand in top consumer China were compounded by weaker U.S. job data that fueled concerns about growth in the world's largest economy as well. Benchmark copper on the London Metal Exchange slipped 1.5 percent to $5,021 per tonne at 1425 GMT, wiping out earlier...

  • How Glencore is fighting its tailspin Friday, 2 Oct 2015 | 10:50 AM ET
    How Glencore is fighting its tailspin

    CNBC's Kate Kelly details Glencore's attempt to stop the bleeding and potentially cut its debt by $10 billion.