Materials and Metals Metals and Mining


  • More restructuring to come: Acacia Mining

    Brad Gordon, CEO of Acacia Mining, says there is more work to do to restructure the company.

  • A 'wonderful turnaround' for Rio Tinto: Pro

    Tim Schroeders, portfolio manager at Pengana Capital, explains his optimistic view on Rio Tinto following the release of the miner's full year profit results.

  • Markets liking Rio Tinto's results: Expert

    The rally in Rio Tinto's stock on Friday suggests that markets are liking the miner's full year profit, which rose 78 percent due to drastic cost cuts, says Jonathan Barratt, CIO of Ayers Alliance Securities.

  • A mine worker looks at a train loader at Rio Tinto Group's West Angelas iron ore mine in Pilbara, Australia.

    "Yes we look at build versus buy, ... but right now is not the time to go out and buying distressed assets," Rio Tinto CEO Sam Walsh tells CNBC.

  • Rio Tinto CEO: We surprised the market

    We're very focused on profit, says Sam Walsh, Rio Tinto CEO, weighing in on his company's quarterly results, the mining economy, and $2 billion buyback plan.

  • A logo sits on a sign outside Glencore Xstrata Plc's headquarters in Baar, Switzerland.

    Miner and commodities trader to divest its stake in platinum producer Lonmin and cut capital expenditure in response to market volatility.

  • Be bullish on Rio Tinto: Pro

    Fraser Jamieson, head of metals and mining research at JPMorgan, discusses the earnings outlook for the U.K. mining firms.

  • India's plans to attract foreign investment and technology to its coal sector are getting a cool response from some miners and trading houses.

  • Fortescue's cost cutting measures pay off

    Nev Power, CEO of Fortescue Metals Group, says the firm's focus on cost cutting and a weak Aussie dollar helped the miner to offset falling iron ore prices. He also explains what that means for the firm's dividend payout for 2015.

  • I'd rather be in copper than iron ore: Pro

    Jeff Largey, head of metals and mining research at Macquarie Group, says copper has a "structurally good story."

  • Rail cars laden with iron ore arrive at the receiving facility at Fortescue Metals' Herb Elliott Port in Western Australia.

    Economists may teach that low prices and declining demand encourage producers to decrease supply, but the iron ore industry may have skipped class that day.

  • Weak fundamental backdrop for copper in China: Pro

    Colin Hamilton, global head of commodities research at Macquarie, says metal markets are "desperate" for the Chinese New Year - a time when copper buying increases.

  • Copper: Mining meltdown

    With copper crashing, CNBC's Morgan Brennan takes a look at what mining stocks are being hit the hardest.

  • Mining stocks sold off sharply on Wednesday, with Glencore falling to an all-time nadir, after copper plunged to a five-and-a half-year low.

  • Copper price falling is 'no surprise'

    Copper prices have slumped to 2009 levels. Nic Brown, head of commodities research at Natixis, discusses what's leading the selloff, saying he's been pretty "bearish on copper for a while."

  • Red flag danger

    The US economy may be chugging along but pay attention to these red flags for global growth, says Ron Insana.

  • An employee arranges one-kilogram gold bars for a photograph at a Tanaka Kikinzoku Kogyo K.K. store in Tokyo

    Gold has extended gains to climb to its highest level since last October as copper has fallen further below $6,000, beyond five-year lows.

  • Alcoa Inc. employee works at the company's Mt. Holly production plant in Goose Creek, South Carolina.

    As it continues to shift its business model, Alcoa delivered fourth-quarter earnings and revenue that topped analysts' expectations.

  • The moon rises over Moscow. A Russian firm plans to build a lunar base camp.

    Russia's Lin Industrial unveiled plans to build a lunar base for mining the moon's resources. The project would cost about $9.4 billion.

  • Joy Global, which gets more than 60 percent of its revenue from coal miners, reported a 4 percent fall in revenue as customers cut production.