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Metals and Mining Precious Metals and Mining

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  • *Asian share markets mostly lower, Japan on holiday. SYDNEY, July 20- The U.S dollar held firm in Asia on Monday as investors looked ahead to higher interest rates from the Federal Reserve, while gold slumped to five-year lows as a lack of global inflation left little to hedge against. The precious metal ran into a wave of selling in Asia that drove it down almost 4...

  • TORONTO/ VANCOUVER, July 20- As if slumping commodity prices and unhappy shareholders were not enough, global mining companies are also facing a looming succession crisis. "There is a shortage of potential CEOs because the industry doesn't invest in people," said Mark Bristow, the 56- year-old Chief Executive of mid-tier gold miner Randgold Resources.

  • *Gold falls to weakest since March 2010. *Platinum, palladium also plunge to multi-year lows. MANILA, July 20- Gold plunged 4 percent to its lowest in more than five years on Monday with platinum also sinking 5 percent to its weakest since 2009 as investors sold the precious metals on the outlook for the U.S. dollar.

  • MANILA, July 20- Gold plunged 4 percent to its lowest in more than five years on Monday with platinum also sinking 5 percent to its weakest since 2009 as investors sold off precious metals. Spot gold was down 2.8 percent at $1,102.40 an ounce by 0150 GMT after falling as far as $1,088.05, the lowest since March 2010. Platinum lost as much as 5 percent to $942.49 an ounce,...

  • *Gold headed towards fourth weekly fall. LONDON, July 17- Gold fell more than 1 percent to its lowest in five years on Friday, pressured by a strong dollar and U.S. data that increased bets on a Federal Reserve rate increase this year, while platinum hit lows not seen in more than six years. Platinum broke below $1,000 an ounce for the first time since early 2009 due to...

  • *Gold headed towards fourth weekly fall. LONDON, July 17- Gold fell close to its lowest level in eight months on Friday pressured by a strong dollar and increasing bets on a Federal Reserve rate rise this year while platinum hit lows not seen in more than six years. "Platinum is suffering from low liquidity and the kind of storm has been facing in the past few weeks has...

  • *Gold falls for fourth session as dollar rises on Fed. *Platinum slides to 6-1/ 2- year low at $1,000.25/ oz. NEW YORK/ LONDON, July 16- Gold fell to an eight-month low on Thursday after the U.S.

  • Commodities tomorrow: Dollar drives oil down Thursday, 16 Jul 2015 | 4:00 PM ET
    Commodities tomorrow: Dollar drives oil down

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

  • July 15- A project financing agreement for the underground expansion of Oyu Tolgoi, a massive copper and gold mine in Mongolia, is expected to be signed by year end, mine owner Rio Tinto's Turquoise Hill Resources unit said on Wednesday. Gold concentrate production was 238,000 ounces, more than double the 113,000 ounces in the second quarter of 2014..

  • Commodities tomorrow: Inventory down, dollar up Wednesday, 15 Jul 2015 | 4:00 PM ET
    Commodities tomorrow: Inventory down, dollar up

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

  • *Silver prices fall nearly 2 percent. LONDON, July 15- Gold prices fell to four-month lows on Wednesday, extending losses for a third session as Federal Reserve Chair Janet Yellen said the U.S. central bank remains on track to raise interest rates this year. Spot gold was down 0.6 percent at $1,147.43 an ounce at 1402 GMT, while U.S. gold futures for August delivery...

  • Commodities tomorrow: Dollar down, oil up Tuesday, 14 Jul 2015 | 4:00 PM ET
    Commodities tomorrow: Dollar down, oil up

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

  • Commodities tomorrow: Traders eye Iran Monday, 13 Jul 2015 | 4:00 PM ET
    Commodities tomorrow: Traders eye Iran

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

  • For Indians, paper gold can't beat the real thing Sunday, 12 Jul 2015 | 5:00 PM ET

    MUMBAI, July 13- India is meeting stiff resistance in its drive to make the buying of gold jewellery more transparent and to channel demand into paper gold to stop the metal being used to hide billions of dollars of undeclared' black money'. To track larger gold deals, this year's budget declared that, from June 1, customers would have to disclose their tax code, or...

  • NEW YORK/ LONDON, July 10- Gold gave up earlier gains on Friday after U.S. "looks like a probable interest rate hike scheduled for this year, with or without Greece," said George Gero, precious metals strategist for RBC Capital Markets in New York. Spot gold was up 0.1 percent at $1,160.33 an ounce at 2:33 p.m. EDT.

  • South African stocks gain despite platinum rout Friday, 10 Jul 2015 | 12:30 PM ET

    JOHANNESBURG, July 10- South African shares rose on Friday although gains were capped by a fall in platinum stocks after Citigroup cut its price target for dual-listed Lonmin and UBS downgraded the stock to "sell". Lonmin plunged 11.32 percent to a low of 15.90 rand per share with its primary London- listed shares also down 12 percent to their lowest since listing...

  • Commodities tomorrow: Buying the dip Thursday, 9 Jul 2015 | 4:00 PM ET
    Commodities tomorrow: Buying the dip

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

  • NAIROBI, July 9- Kenya's new mining law, which will give the government a 10 percent stake in new projects and aim to spur growth of the sector, should be in place in September, the minister in charge of the plan told Reuters. Kenya exports titanium, fluorspar and manganese and has reserves of coal, niobium and rare earths, but mining currently accounts for less than 1...

  • MANILA, July 9- Gold was steady and holding above a four-month trough on Thursday as the dollar softened after minutes from the Federal Reserve's last meeting showed they needed to see more signs of a strengthening U.S. economy before raising interest rates. *Spot gold was little changed at $1,156.81 an ounce by 0045 GMT, but off Wednesday's low of $1,146.75, the...

  • Commodities tomorrow: Inventories up, crude down Wednesday, 8 Jul 2015 | 4:00 PM ET
    Commodities tomorrow: Inventories up, crude down

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