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Metals and Mining Precious Metals and Mining

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • TORONTO, April 25- Freeport-McMoRan Inc, the world's biggest publicly listed copper miner, reported first-quarter results on Tuesday that reflected a months-long Indonesian export ban at its massive Grasberg mine, which clipped sales. Freeport, which resumed copper concentrate exports from Indonesia on April 21 after gaining a temporary permit, said...

  • April 25- Canada's Teck Resources Ltd, North America's largest producer of steelmaking coal, reported lower-than-expected profit due to higher costs, lower production and sales volumes. Unit production costs in the first quarter rose by C $13 to C $56 per tonne from a year ago. Teck, which also mines gold and silver, said adjusted profit attributable to...

  • April 24- Barrick Gold reported weaker-than-expected quarterly earnings on Monday and also slashed its forecast for output and hiked costs at its gold mine in Argentina, where cyanide solution spilled recently for the third time in 18 months. Barrick said it now expects full-year production at Veladero of 630,000 to 730,000 ounces of gold, at all-in...

  • TORONTO _ Barrick Gold Corp. on Monday reported first-quarter net income of $679 million, after reporting a loss in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. Barrick Gold shares have increased 19 percent since the beginning of the year.

  • The world's second-biggest gold producer by market value said adjusted earnings in the first quarter increased 4 percent to $133 million, or 25 cents per diluted share, from the same quarter in 2016.. The Greenwood Village, Colorado- based miner, which has mines in the Americas, Africa and Australia left unchanged its gold production forecast for 2017..

  • April 24- Anglo American reported a 9 percent rise in overall production for the first quarter of 2017 compared with 2016, but copper output fell 3 percent due to poorer grades and a temporary suspension at the El Soldado mine in Chile. Copper output fell 3 percent due to poorer quality ore in Chile combined with the halting of mining operations at El Soldado from...

  • BUENOS AIRES, April 21- Barrick Gold Corp and its new Chinese partner presented a $500 million plan on Friday to make safety and environmental improvements to the Veladero gold mine in Argentina after a third cyanide spill in 18 months, a company executive said. Argentina told Barrick earlier this month it had to overhaul environmental and operating processes...

  • BUENOS AIRES, April 21- Barrick Gold Corp and its new Chinese partner presented a $500 million plan on Friday to make safety and environmental improvements to the Veladero gold mine in Argentina after the third cyanide spill in 18 months, a company executive said. Argentina told Barrick earlier this month it had to overhaul environmental and operating...

  • LONDON, April 21- The world's top diamond producers will try to spur demand in India with the launch of their "Real is Rare" slogan in September, after the withdrawal of high-value bank notes dented the world's third biggest diamond market. The marketing slogan was launched in the United States in 2016 by the Diamond Producers Association, which groups the biggest...

  • *Thousands of "zama zamas" mine gold illegally in South Africa. WESTONARIA, South Africa, April 21- Illegal gold mining has plagued South Africa's mining companies for decades, robbing the industry and state coffers of billions of rand through smalltime pilfering as well as networks run by organised crime. "We will have them out then," Sibanye's Chief Executive Neal...

  • TORONTO, April 20- Canada's main stock index rose on Thursday after shares of Canadian Pacific Railway Ltd jumped on an upbeat earnings report and mining shares benefited from a gain in commodity prices. The Toronto Stock Exchange's S&P/TSX composite index closed up 72.68 points, or 0.47 percent, at 15,625.56. Barrick Gold Corp rose 1.5 percent to C $25.86, and...

  • LONDON, April 20- Tanzanian gold producer Acacia Mining will have to review its mining operations if the government's ban on gold and copper ore exports remains in place, a senior executive said on Thursday. Shares in Acacia, which is majority owned by Barrick Gold, briefly touched a six-week low, paring losses by 0900 GMT to trade down 3.7 percent after it said...

  • Oil workers in the Permian Basin outside Midland, Texas

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • Commodities tomorrow:

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • HARARE, April 18- Zimbabwe's mining industry needs to be "reorganised" so that it contributes more towards the African country's economy, President Robert Mugabe said on Tuesday. "There is a lot of work which is going on in that sector, not least the reorganisation whose completion we impatiently await," Mugabe, Zimbabwe's sole ruler since independence in 1980,...

  • MOSCOW, April 13- Russia, the world's third biggest gold producer, plans to launch a number of new production sites as it aims to grow in gold output. Below are some gold projects, expected to be started in Russia in coming years. Polyus Natalka H2 2017 c.14.

  • *Russia is the world's third biggest gold producer. UST-NERA, Yakutia, Russia, April 13- In winter it gets so cold that metal snaps. As alluvial deposits disappear in other areas, producers are opening mines to help Russia keep its place as the world's third biggest gold producer after China and Australia and ahead of the United States in fourth place.

  • NEW YORK/ LONDON, April 11- Gold jumped nearly 2 percent to a fresh five-month high on Tuesday as investors sought assets seen as havens from risk amid mounting political and security concerns over North Korea, the Middle East and the looming French election. Nov. 10 at the session high of $1,275.16. Uncertainty about the result of the upcoming French presidential...

  • LONDON, April 11- Gold jumped more than 1 percent on Tuesday as investors sought assets seen as havens from risk amid mounting political and security concerns over North Korea, the Middle East and the looming French election. at 1412 GMT, within striking distance of its highest level since November of $1,270.46 touched on Friday. "Tensions in the Middle East...