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  • *Miners among top fallers after China data. LONDON, March 8- European shares slipped to a one-week low on Tuesday, with a drop in industrial metals prices following poor trade data from China, the world's top metals consumer, putting pressure on the mining sector. China's February trade performance was far worse than economists had expected, with exports tumbling...

  • LONDON, March 8- European shares slipped to a one-week low on Tuesday, with a drop in industrial metals prices following poor trade data from China, the world's top metals consumer, putting pressure on the mining sector. Shares in French supermarket retailer Casino also fell by around 1 percent after U.S. research firm Muddy Waters launched a new attack on the...

  • SYDNEY, March 8- Senior executives at two of the world's biggest iron ore miners, Brazil's Vale and Australia's Fortescue Metals Group, first raised the idea of an alliance a year ago after a relentless slide in ore prices. Under the pact unveiled on Tuesday, the pair plan to blend up to 100 million tonnes of their ores in China, producing the benchmark product...

  • Asian economies holding too little gold: Hamilton

    Colin Hamilton, head of commodities research at Macquarie, says Asian economies should hold more gold in their foreign reserves.

  • Iron ore prices pushed up

    Colin Hamilton, head of commodities research at Macquarie, discusses how China is impacting iron ore commodity prices.

  • Two employees tie up steel bars at a steel-making plant in Ganyu, China. ThyssenKrupp has seen an increase in exports from China.

    The world's no.1 and no.4 iron ore miners are in talks that could see Brazil's Vale taking a minority stake in Australia-based Fortescue Metals Group.

  • *Sees 18-20 pct fall in copper, aluminum prices in 12 months. MELBOURNE, March 8- Goldman Sachs said on Tuesday that the structural factors that have driven a bear market in metals remain in place as there is little prospect of improvement in Chinese demand. The investment bank also this week poured cold water over a rally in iron ore prices, saying that the...

  • Iron Ore rallies, Vale and Fortescue tie-up

    Gavin Wendt, Founding Director & Senior Resource Analyst at Mine Life, expects the commodity to remain under pressure going forward due to excess supply and a slowing China.

  • *Ore blending to start within 6 months, in China. RIO DE JANEIRO/ MELBOURNE, March 8- The world's no.1 and no.4 iron ore miners are in talks that could see Brazil's Vale SA taking a minority stake in Australia- based Fortescue Metals Group and the blending of their iron ore to win market share in China. The proposal will help the pair match the quality of iron ore produced...

  • MINNEAPOLIS, March 7- The Obama administration is pushing China to reduce excess steelmaking capacity that is causing a glut of steel imports into the United States and other world markets, the top U.S. trade official said on Monday. "When it comes to steel, there is a significant issue of overcapacity around the world, significantly in China where it's estimated...

  • SYDNEY, March 8- The Australian and Canadian dollars stood at multi-month highs early on Tuesday in the wake of a rally in commodity prices, contrasting with a subdued performance in the greenback, euro and yen. The Aussie was last at $0.7465, while the loonie was at C $1.3292. Expectations that Chinese steel mills are planning a short-term output boost saw iron ore,...

  • RIO DE JANEIRO/ MELBOURNE, March 7- Iron ore rivals Vale SA and Fortescue Metals Group said on Monday they were in talks that could lead to Brazil's Vale buying a minority stake in Australia- based Fortescue as well as working together to blend iron ore for China. Fortescue Chief Executive Nev Power told reporters the non-binding agreement could see Vale acquire...

  • TORONTO, March 7- Canada's main stock index rose on Monday to a three-month high as mining and energy stocks gained on the back of higher oil and gold prices, while industrial and financial sector stocks also rallied. "There's a certain amount of short-covering that's going on that's helping to drive the market," said Michael Sprung, president at Sprung& Co....

  • SAO PAULO, March 7- Brazilian miner Vale SA said on Monday it signed a memorandum of understanding with Australian rival Fortescue Metals Group Ltd to explore creating joint ventures to blend iron ore for the Chinese market.

  • NEW YORK, March 7- U.S. shale oil production in April is expected to chalk up the second-largest monthly decline on record, and the sixth straight monthly decrease, a U.S. government forecast released on Monday showed. Total output is expected to fall by 106,000 barrels per day to 4.87 million bpd, according to the U.S. Energy Information Administration's drilling...

  • *Platinum above $1,000/ oz for 1st time in more than 4 months. NEW YORK/ LONDON, March 7- Gold rose on Monday, hovering just below last week's 13- month high as the U.S. dollar turned lower, while a fall in average U.S. earnings lessened expectations the Federal Reserve could raise interest rates at its next policy meeting. Spot gold was up 0.6 percent at $1,266.70 an ounce...

  • Commodities head fake: Pro

    Discussing the move higher in commodities, and whether it will last, with Boris Schlossberg, BK Asset Management, and Ari Wald, Oppenheimer.

  • Futures Now: Copper's rally

    The Futures Now team discusses the move higher in copper, with Jim Iuorio, TJM Institutional Services, and Jeff Kilburg, KKM Financial.

  • TORONTO, March 7- Cameco Corp is slowly expanding the world's biggest uranium mine, betting utilities that are currently well-supplied will need the radioactive metal in coming years, Chief Executive Officer Tim Gitzel said on Monday. Cameco's McArthur River mine in northern Saskatchewan is expected to produce 20 million pounds this year but is licensed for...

  • TORONTO, March 7- Canada's main stock index rose 1 percent on Monday, hitting another fresh 2016 high as mining and energy stocks gained on the back of higher oil and gold prices. The most influential gainers on the index included Barrick Gold Corp, up 5.4 percent to C $19.27, Goldcorp Inc advancing 7.3 percent to C $21.65, and Potash Corp adding 2.8 percent to C $25.23.