HARLAN, Ky.— Kentucky coal miners bled and died to unionize. But more recently the United Mine Workers in Kentucky have been in retreat, dwindling like the black seams of coal in the Appalachian mountains. The union era's death knell sounded in Kentucky on New Year's Eve, when Patriot Coal announced the closing of its Highland Mine.» Read More
Indonesia's influential Bakrie family warned on Monday that it could rethink its proposed exit from Bumi, a coal venture it co-founded with Nat Rothschild, if the financier pursues a planned return to the board.
Pro trader Rich Ilczyszyn looks at key technical levels for trading gold futures.
Bargain-hunting traders in the mining space have turned to Barrick Gold.
China's harshest winter in nearly three decades has hit iron ore output and driven up prices just as demand from steel mills revives in a resurgent economy. Imports are at record levels.
Steelmaker ArcelorMittal raised a bigger-than-expected $4 billion in a share and convertible notes offering, it said on Thursday, to fix its debt-laden balance sheet.
China's imports of iron ore roared to a record high in December and for the full year, while crude imports also climbed, boosting hopes that a recovering economy in the world's top commodities consumer will lift its appetite for imports.
Australia's first cyclone of the storm season is intensifying off the country's northwest and is expected to start affecting coastal areas in mining powerhouse Western Australia state as soon as Friday, the Australian Bureau of Meteorology said.
How many times would you have made money in this copper trade over the past 40 years?
Steve Johnson, CIO, Intelligent Investor says the iron ore price has gone too far, too fast, and that the demand picture out of China doesn't support the spike in prices.
Soozhana Choi, Head of Commodities Research, Asia at Deutsche Bank is bullish on base metals on the back of China's growth rate returning to 8% by the second half of this year.
Dominic Schnider, Head of Commodity Research, UBS Wealth Management says platinum, palladium and silver will do well this year amid loose monetary policies and a recovery in the global economy.
Nick Ferres, Investment Director, Global Asset Allocation, Eastspring Investments sees buying opportunities in cyclical sectors like mining stocks since risks from the fiscal cliff have not been priced into risk assets yet.
South African President Jacob Zuma has kicked off five days of discussions over the country's economy, including the possible introduction of a mining tax and greater state intervention in the sector.
Australia's no.3 iron ore miner, Fortescue Metals Group, is in talks to sell a minority stake in its multi-billion dollar port and rail assets as it looks to cut debt and build new mines in a world of weaker iron ore prices.
BHP agreed to sell its stake in the Browse liquefied natural gas project to Chinese oil and gas producer PetroChina for $1.63 billion, the second partner to leave the project in recent months.
Alan Oster, Group Chief Economist, National Australia Bank warns of a multi-speed economy in Australia. He says the country is 12-18 months away from the peak of the building phase of its mining boom.
Freeport-McMoran bought Plains Exploration and McMoran Exploration -- a company in which it already owns a partial stake -- in two deals worth a combined $9 billion.
John Smith, Silver Standard Resources CEO, discusses his latest mining project in Mexico, which holds one of the world's largest silver reserves.
Paul Trainor, Senior Portfolio Manager, Macquarie Private Portfolio Management says investors should still be focused on yield while interest rates are falling in Australia.
Wayne Swan, Treasurer of Australia says weaker third quarter growth figures shouldn't be a concern. He says the country's economic fundamentals are still strong, despite market concerns about the slowing mining boom.