Materials and Metals Metals and Mining

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  • *Tin may extend rally to $20,000- technical analyst. LONDON, March 7- Copper and zinc pulled back from their highest levels in more than four months on Monday, dampened by a firmer dollar and as misgivings surfaced over China's ability to stimulate underlying demand for base metals. Three-month copper on the London Metal Exchange slipped 0.8 percent to $4,987 a...

  • Cramer's Stop Trading: Randgold Resources

    CNBC's Jim Cramer explains why he is watching Randgold Resources and Hampton Creek.

  • *South Africa gold shares have soared this year. JOHANNESBURG, March 7- A sinking rand has sparked a buying spree and rerating of South African gold mining shares which have doubled in value in 2016, but the volatile currency is a double-edged sword that could cut the gains back down to size. Harmony Gold, which gets 90 percent of its production from South Africa,...

  • March 7- Wall Street was set to open lower on Monday after the S&P 500 and the Dow recorded their first four-day winning streak in about five months last week. European stocks fell as a drop in copper prices hurt shares of mining companies, while China's reassurances over the weekend about the strength in its economy helped push Asian stocks higher.

  • *Platinum above $1,000/ oz for 1st time in more than 4 months. LONDON, March 7- Gold rose on Monday, hovering just below last week's 13- month high as European shares dipped, 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 0.8 percent at $1,269.03 an ounce by 1125 GMT.

  • ULAANBAATAR, March 7- Mongolia has settled a dispute over an arbitration award that required it to pay more than $100 million last year to a Canadian miner for revoking a uranium mining license, just as it launches a push this week to attract new exploration interest. Mongolian Finance Minister Bolor Bayarbaatbar said in a statement released by Khan late on...

  • *Tin may extend rally to $20,000- technical analyst. LONDON, March 7- Copper and zinc pulled back on Monday from the highest levels in more than four months, dampened by a firmer dollar and as investors locked in gains from a rally. Three-month copper on the London Metal Exchange slipped 0.7 percent to $4,990 a tonne by 1123 GMT after surging 3.5 percent to a...

  • The rally in iron ore will likely be short-lived as Chinese demand is unlikely to pick up strongly, according to Goldman Sachs.

  • MANILA, March 7- The rally in iron ore prices will not last in the absence of a significant improvement in steel demand from top consumer China, Goldman Sachs said, as the investment bank stuck to its bearish take on one of this year's biggest commodity comebacks. Apart from the surge in steel prices, Goldman said disruptions in top exporters Australia and Brazil...

  • *Coming Up: Germany Industrial orders for Jan at 0700 GMT. MELBOURNE, March 7- London copper fell on Monday from four-month highs hit on Friday as traders took profits following last week's rally on concerns that prices had overshot fundamental demand. In China, sentiment improved as investors reacted positively to statements from top Chinese leaders at the...

  • *China to keep 2020 energy consumption to 5 bln T standard coal. BEIJING, March 5- China aims to keep energy consumption within 5 billion tonnes of standard coal equivalent by 2020, it said in its five-year plan published on Saturday, marking the first time the world's second-biggest economy has set such a target. China has long been considering an energy...

  • BEIJING, March 5- China aims to keep energy consumption within 5 billion tonnes of standard coal equivalent by 2020, it said in its latest five-year plan published on Saturday, marking the first time the world's second-biggest economy has set such a target. China has long been considering an energy consumption cap in a bid to improve industrial efficiency,...

  • BEIJING, March 5- China will limit coal production and coal-fired power generation capacity this year, and keep total energy consumption under control, the country's top economic planner said in a work report at the opening of the annual meeting of parliament. The National Development& Reform Commission also said China will cut emissions of carbon dioxide for...

  • Gold bullion bars and coins.

    Gold's strong run this year may still have legs, some "Fast Money" traders contended Friday.

  • The "Fast Money" traders deliver their final trades of the day.

  • European mining stocks cut losses

    CNBC's Simon Hobbs discusses what's moved in the European markets today including banks, mining and oil.

  • GABORONE, March 4- Botswana's mining industry faces further job losses as it reels from the global slump in commodities, with copper miner BCL set to shed up to a third of its workforce and Gem Diamond also planning lay offs, the mines department said on Friday. London- listed Gem Diamond expects diamond production at its Ghaghoo mine in central Botswana to fall by...

  • TORONTO/ WINNIPEG, March 4- Metal and mineral explorers battered by a protracted price slump are still out of favor with investors, however the recent uptick in bullion prices and a few tie-ups with larger miners are offering juniors a glimmer of hope. The ray of optimism comes as the world's mining sector prepares for its largest annual gathering, the...

  • TORONTO, March 4- Canada's main stock index extended its record high for 2016 on Friday and was on track for a 3 percent weekly gain as mining and energy stocks rose on higher commodity prices and after data showing stronger-than-expected U.S. jobs data and higher Canadian exports. The most influential movers on the index included Barrick Gold Corp, which gained...

  • Trading momentum and deeper earnings analysis of some of the biggest mining stocks is now pointing to fresh support for the sector, as stocks surge 5%.