NEW YORK/ LONDON, Oct 2- New York copper prices closed up almost 1 percent on Friday as weaker-than-expected U.S. jobs data pressured the dollar, offsetting lingering concerns about U.S. economic growth and demand from top consumer China. Prices in London and New York fell over 1 percent to intraday lows immediately after data showed the United States created...» Read More
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.
Warren Gilman, chairman and CEO of CEF Holdings, explains to CNBC his reaction to Rio Tinto's recent jump in the stock market, saying the price of its shares will most likely come back down shortly.
Tom Albanese, CEO of Rio Tinto discusses the impact of China's recovery on commodity prices as well as the company's latest round of cost-cutting measures.
Investment committed to Australian resource projects rose by nearly A$8 billion in the six months to the end of October, while the number of projects declined, in part underscoring rising construction and labor costs in Australia's resources sector amid weakening demand.
Australian mining magnate Gina Rinehart, one of the world's wealthiest people, has displayed a trait rarely revealed publicly among the super-rich: insecurity.
CNBC's Sharon Epperson reports gold is taking a breather after Friday's rally.
Japan has a miserable future ahead of it without radical changes to the business climate, the former chief executive of camera and medical equipment maker Olympus has told CNBC.
Glencore International's $31 billion takeover of Xstrata — approved by shareholders Tuesday — will create a merged company that may rival BHP Billiton as the world's top miner in five years' time, according to resources-focused private equity investor CEF Holdings.
Rich Ilczyszyn, CEO and founder of iiTrader, talks turkey about a seasonal gold trade that is on a winning streak.