TORONTO, April 29- Canada's main stock index rose to a six-month high on Friday as mining stocks surged on higher gold and base metal prices, while shares of its largest airline jumped after quarterly results were reported. Improving prices in commodities have helped drive the index higher both year-to-date and on Friday, said Noman Ali, a portfolio manager at... » Read More
Bill Marmion, Western Australian Minister for Mines and Petroleum, says he welcomes all foreign investments in Western Australia. He also explains why the government doesn't support an iron ore inquiry.
David Lennox, resources analyst at Fat Prophets, explains why the Australian government may be in favor of Chinese companies lifting their stakes in Fortescue Metals.
Mario Longhi, CEO of United States Steel, says China is "dumping" steel due to over-production.
Tim Schroeders, fund manager at Pengana Capital, explains why he agrees with the Australian government's decision to walk away from an inquiry into the country's iron ore sector.
Mongolia and Rio Tinto have reached an agreement paving the way for work to resume on a stalled $5 billion underground copper mine.
Negative sentiment remains in the iron ore markets due to expectations of more supply coming, says Annalisa Jeffries, associate editorial director, Asia Metals at Platts.
As BHP Billiton's spin-off begins trading, investors are eyeing the battered mining sector for longer-term opportunities.
BHP Billiton's spin-off South32 debuted near the bottom of expectations as investors awarded only a small premium to the new listing.
Gaurav Sodhi, resources analyst at Intelligent Investor, explains why shares of South32 look interesting at current prices.
Jonathan Barratt, chief investment officer at Ayers Alliance Securities, says investors may be "rewarded quite nicely" with South32, which is a diverse company that has a well-structured balance sheet.
Mark Taylor, senior resources analyst at Morningstar, expects a positive open for BHP Billiton's new entity South32 when it makes its market debut in Australia on Monday.
The federal budget failed to meet the government's target of bringing down the budget deficit and lacks a long-term plan for jobs growth, says Chris Bowen, Shadow Treasurer of Australia.
Peter Chen, lecturer in Politics & Public Policy at Department of Government and International Relations at the University of Sydney, explains why Australia's 2015 budget is a "political budget."
Australia unveiled its federal budget late Tuesday, delivering tax breaks for small businesses while pledging to return to surplus. CNBC's Matthew Taylor reports.
It's been a tough year for mining stocks, but here's why the bottom could finally be in.
Innes Willox, CEO of AI Group, outlines his expectations for the federal budget due Tuesday, such as "modest stimulus" for the business community.
Baird says it's time to buy Caterpillar and Joy Global. Is that really wise? Erin Gibbs of S&P Capital IQ and Todd Gordon of TradingAnalysis.com discuss with Brian Sullivan.
Juerg Kiener, managing director & CIO of Swiss Asia Capital Singapore, says BHP Billiton's decision to spin off its smaller assets like lead, zinc and aluminum creates opportunities.
Graham Kerr, CEO of South32, outlines the strategy for the new entity, which consists of "normal but high quality mining assets."
Newly formed mining and metals group South32 is open to acquisitions once it breaks from BHP Billiton, its CEO-elect Graham Kerr said on Wednesday.