SHANGHAI, July 30- The European Commission's imposition of heavy anti-dumping duties on Chinese steel bars is "unjustifiable protection for the EU steel industry," the official Xinhua news agency reported, citing a statement from the Ministry of Commerce. China's steel industry, swamped in overcapacity yet a major employer, has struggled to meet capacity... » Read More
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.
Miner and commodities trader to divest its stake in platinum producer Lonmin and cut capital expenditure in response to market volatility.
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.
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.
Jeff Largey, head of metals and mining research at Macquarie Group, says copper has a "structurally good story."
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.
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.
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 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."
The US economy may be chugging along but pay attention to these red flags for global growth, says Ron Insana.
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.
As it continues to shift its business model, Alcoa delivered fourth-quarter earnings and revenue that topped analysts' expectations.
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.
A halving in the price of iron ore this year has been fueled in part by Chinese speculators who built up huge short positions on the one-year-old futures contract.
Shane Oliver, Head of Investment Strategy & Chief Economist at AMP Capital Investors, outlines his expectations for the central bank after it left rates on hold at 2.5 percent on Tuesday.
Gavin Wendt, Founding Director & Senior Resource Analyst at Mine Life, says the miner's announcement on Monday is a move to reassure markets that it can handle the fall in commodity prices.
John Wilson, Stock Broker at Morgans Financial, says persisting demand and false expectations for prices to remain stable are leading big miners to ramp up production.