Materials and Metals Metals and Mining

  • BEIJING, Sept 13- China's industrial output grew the fastest in five months in August as demand for products from coal to cars rebounded thanks to higher government spending and a year-long credit and property boom. China's steel industry, in particular, has perked up in recent months as capacity cuts and production curbs have boosted prices and profits, while a...

  • BEIJING, Sept 13- China produced 278 million tonnes of coal in August, down 11 percent from a year ago, as producers responded to Beijing's clampdown on overcapacity, government data showed on Tuesday. Production in the first eight months reached 2.17 billion tonnes, down 10.2 percent from the same period last year, the National Bureau of Statistics said.

  • BEIJING, Sept 13- China's crude steel output rose 3 percent to 68.57 million tonnes in August from a year ago, data from the National Bureau of Statistics showed on Tuesday, the latest sign that a rally in prices spurred mills in the world's top producer to ramp up.

  • *Spot gold was up about 0.2 percent at $1,328.52 an ounce by 0056 GMT. *Traders trimmed their odds for a September rate hike to 15 percent from 24 percent on Friday, according to CME Group. *Johannesburg- listed miner Gold Fields said on Monday that an employee at the South Deep mine in South Africa was killed in an accident on Saturday following a seismic event.

  • SYDNEY, Sep 13- Australian mining billionaire Andrew Forrest has used his private company to apply for thousands of square kilometers of mineral exploration rights over his cattle stations, adding a new twist to an age-old battle between farmers and miners. Land banking is not illegal, but the practice goes against the spirit of mining laws and the state of...

  • SYDNEY, Sep 13- Australian mining billionaire Andrew Forrest has used his private company to apply for thousands of square kilometers of mineral exploration rights over his cattle stations, adding a new twist to an age-old battle between farmers and miners. Land banking is not illegal, but the practice goes against the spirit of mining laws and the state of...

  • SYDNEY, Sep 13- Australian mining billionaire Andrew Forrest has used his private company to apply for thousands of square kilometres of mineral exploration rights over his cattle stations, adding a new twist to an age-old battle between farmers and miners. Land banking is not illegal, but the practice goes against the spirit of mining laws and the state of...

  • SYDNEY, Sep 13- Australian mining billionaire Andrew Forrest has used his private company to apply for thousands of square kilometres of mineral exploration rights over his cattle stations, adding a new twist to an age-old battle between farmers and miners. Land banking is not illegal, but the practice goes against the spirit of mining laws and the state of...

  • WASHINGTON, Sept 12- The U.S. International Trade Commission handed another victory to American steelmakers on Monday, affirming most of the recent anti-dumping and anti-subsidy duties on hot-rolled flat steel imports from Australia, Brazil, Britain, Japan, the Netherlands, South Korea and Turkey. The ITC vote affirmed final anti-subsidy duties of 3.9 to 11.3...

  • Arch had $485.5 million in self-bonds in Wyoming when it filed for bankruptcy protection in January, saddled with $6 billion of debt and a deep slump in the coal sector. Under a reorganization plan set for a confirmation trial in U.S. Bankruptcy Court in St. Louis on Tuesday, Arch must replace all of its self-bonds within 15 days of its bankruptcy exit plan becoming...

  • WASHINGTON, Sept 12- The U.S. International Trade Commission handed another victory to American steelmakers on Monday, affirming most of the recent anti-dumping and anti-subsidy duties on hot-rolled flat steel imports from Australia, Brazil, Britain, Japan, the Netherlands, South Korea and Turkey. The commission rejected anti-subsidy duties against...

  • ANTI-DUMPING, ANTI-SUBSIDY DUTIES ON HOT-ROLLED STEEL PRODUCTS FROM AUSTRALIA, SOUTH KOREA, JAPAN, BRITAIN AND THE NETHERLANDS.

  • VANCOUVER, Sept 12- Barrick Gold Corp, the world's biggest gold producer, said on Monday it would partner with Cisco Systems to incorporate digital technology in all aspects of its mining business, aiming to improve productivity and reduce costs. Toronto- based Barrick said it planned to spend around $100 million between now and the end of 2017 working with Cisco...

  • It would combine Potash's crop nutrient production capacity, the world's largest, with Agrium's farm retail network, North America's biggest, plus its own potash mine and fertilizer plants. Agrium Chief Executive Officer Chuck Magro will be CEO of the merged company. Potash Chief Executive Jochen Tilk, who will become executive chairman, said the structure...

  • Potash Corp shareholders will own 52 percent of the new company, with Agrium shareholders owning the rest if the deal closes in mid-2017 as the companies hope, they said on Monday. Agrium Chief Executive Officer Chuck Magro will be CEO of the merged company, whose market capitalization is projected at $26 billion. Potash Corp is already the world's biggest crop...

  • MUMBAI, Sept 12- India's Tata Steel Ltd reported on Monday a $477 million consolidated first-quarter net loss as it sold a business in Europe, and said talks continued for a proposed partnership to run its European plants. Consolidated net loss widened to 31.83 billion rupees for the three months to June 30, from 3.17 billion rupees loss a year earlier, Tata Steel,...

  • Toronto- based Barrick said it would work with Cisco to first develop a flagship digital operation at its Cortez gold mine in Nevada, embedding technology in various parts of the operation to deliver better, faster and safer mining. "Harnessing the potential of digital technology will unlock value across our business, helping us grow our free cash flow per share,"...

  • BEIJING, Sept 12- State-own media Xinhua News Agency:. *China's Henan province to offer 2.18 billion yuan funding this year to help steel and coal companies cut production. *Henan aims to cut annual coal capacity by 62.54 million tonnes and crude steel by 2.4 million tonnes over the 2016-2018 period.

  • *China fuel exports expected to soar later this year. Brent crude oil futures were down 53 cents to $47.48 a barrel by 0830 GMT, while U.S. "The idea that we will continue to bounce off the $50 per barrel handle is proving correct," said Matt Stanley, fuel broker, Freight Investor Services in Dubai, pointing to "the dynamic of shale oil" as the main factor pulling prices back...

  • *China fuel exports expected to soar later this year. "The idea that we will continue to bounce off the $50 per barrel handle is proving correct," said Matt Stanley, fuel broker, Freight Investor Services in Dubai, pointing towards "the dynamic of shale oil" as the main reason to have pulled prices back down. Oil's near six-percent price decline since Sept. 8 partly...