BILLINGS, Mont.— The latest on Montana officials giving only partial approval to a $500 million silver and copper mine proposed near the Idaho border.:. Developers of a $500 million silver and copper mine beneath a wilderness area near the Montana- Idaho border say the conditional approval granted to the project is sufficient for it to proceed.» Read More
Mining stocks slipped on Tuesday, as weak earnings from BHP Billiton and Glencore Xstrata sent the sector lower. Analysts said miners were now the cheapest they have been in 30 years, and were set to bounce back when interest rates begin rising.
Warren Gilman, chairman and CEO of CEF Holdings, comments on results from Glencore Xstrata and BHP Billiton following Glencore's merger with Xstrata and the challenges that they're facing.
John Meyer, analyst at SP Angel, tells CNBC that the mining sector is looking ready for new investment.
How do you make money in these markets? Here is what some of the experts have been saying to CNBC.
Mining giant Glencore Xstrata is expected to write down the value of assets inherited from Xstrata by as much as $7 billion, when it reports first-half earnings on Tuesday.
Duncan Hobbs, senior commodities analyst at Macquarie, tells CNBC that the market has become unduly bearish about China.
Ephrem Ravi, Head of Metals & Mining Sector, Asia Ex-Japan Equity Research at Barclays explains why BHP Billiton is still his top pick in the diversified metals space, even after a sharp rally in recent months.
Global resource stocks have had a run-up in the recent weeks driven by signs of stabilization in China's economy, but questions are arising over the sustainability of this trend.
Iron ore prices hit their highest levels in nearly four months on Tuesday, leading one analyst to forecast a further rally of up to 30 percent this year.
The U.S. commodities market regulator has subpoenaed a metals warehousing firm, as an inquiry into complaints about inflated metals prices gathers steam.
Jeff Largey, head of metals and mining research at Macquarie Group, says strength of iron ore and Chinese steel production is encouraging Rio Tinto investors.
Gavin Wendt, Founding Director & Senior Resource Analyst at MineLife, explains his forecast for underlying first-half earnings of $4.3 billion.
Les Davis, managing director at Silverlake Resources, tells CNBC that the worst of the write downs are behind them.
Ken Brinsden, managing director at Atlas Iron, tells CNBC that a ten or fifteen percent drop in the Aussie dollar translates to up to a thirty percent margin increase for the company.
Marcus Grubb, Managing Director of Investment, World Gold Council says rising demand from India and China will underpin a recovery in the price of gold.
Karl Simich, CEO and Managing Director of Sandfire Resources explains why greater productivity and cost reduction is possible even in an environment of falling metal prices.
George Jones, Chairman of Sundance Resources explains why the firm isn't avoiding Chinese firms even after its deal with Hanlong Group fell apart earlier this year.
Harry Adams, Managing Director at EMED Mining, discusses the firm's project to redevelop Rio Tinto's Spanish copper mine at the second day of the annual Diggers & Dealers conference.
CNBC's Matthew Taylor explores the mining potential of Sandfire Resources following the opening of it's Degrussa mine in Western Australia this week.
Australia's mining industry has been under increasing pressure over the past year, as slowing growth in China has led to waning demand and a slump in prices of key commodities.