Materials and Metals Metals and Mining

  • 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.

    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...

  • MELBOURNE, Aug 15- London copper was stuck near its weakest in a month on Monday as ebbing economic growth in China and the United States tainted its demand outlook, at a time of already slow northern hemisphere summer demand. Three-month copper on the London Metal Exchange traded flat at $4,760 a tonne by 0706 GMT, after a loss of 1.8 percent in the previous session...

  • *Investment managers take cautious view of miners. LONDON, Aug 15- Investors in mining stocks could face years of weak returns as a rally in share and industrial metals prices eases pressure on companies to restructure and curb oversupply. We are therefore taking a cautious view towards the industry, "said Lewis Grant, a senior portfolio manager at Hermes...

  • *Investment managers take cautious view of miners. LONDON, Aug 15- Investors in mining stocks could face years of weak returns as a rally in share and industrial metals prices eases pressure on companies to restructure and curb oversupply. We are therefore taking a cautious view towards the industry, "said Lewis Grant, a senior portfolio manager at Hermes...

  • MELBOURNE, Aug 15- London copper was stuck near its weakest in a month on Monday as ebbing economic growth in China and the United States tainted its demand outlook, at a time of already slow northern hemisphere summer demand. Three-month copper on the London Metal Exchange edged up by 0.3 percent to $4,773.50 a tonne by 0048 GMT, after 1.8 percent losses from the...

  • MELBOURNE, Aug 15- London copper was stuck near its weakest in one month on Monday as ebbing industrial growth in China tainted demand outlook, but growing prospects the United States will hold off raising rates until next year weighed on the dollar and supported prices. *Three-month copper on the London Metal Exchange traded flat at $4,759 a tonne by 0048 GMT,...

  • SANTIAGO, Aug 12- Swiss-based mining and trading firm Glencore said it would begin arbitration proceedings against Bolivia over the nationalization of some of its assets by the Evo Morales government. "Glencore's objective has always been to settle the dispute with the government of Bolivia amicably," the company said in an emailed statement on Friday.

  • LIMA, Aug 12- Economic growth in Peru likely slowed to 3.7 percent in June from the same month a year ago as construction activity shrank and production in the mining sector eased, a Reuters poll showed. Growth estimates of the eight economists surveyed ranged from 3 percent to 3.9 percent. All were below May's 4.88 percent year-on-year expansion and the 4.04...

  • LONDON, Aug 12- Copper fell to its weakest in a month on Friday and other industrial metals also touched new lows after Chinese fixed-asset investment and loans data missed forecasts, raising doubts about demand in the world biggest metals consumer. The last two or three from China have not been particularly encouraging, it's a tough time, "said Asa Bridle, analyst...

  • Philippines President taking aggressive action

    The new head of state has already made waves with his latest moves in just the five weeks since inauguration.

  • LONDON, Aug 12- Nickel and zinc drifted to the lowest in a week on Friday and other industrial metals also fell after Chinese fixed-asset investment and loans data missed forecasts, raising doubts about demand in the world biggest metals consumer. The last two or three from China have not been particularly encouraging, it's a tough time, "said Asa Bridle, analyst at...

  • Aug 12- China's average daily crude steel output fell in July from a record, government data showed on Friday, providing some respite to overseas rivals angered by a torrent of cheap steel from Chinese mills in the past year. The decline partly reflects China's efforts to address a chronic glut. In the months ahead, further capacity cuts, mostly via stricter...