Metals and Mining Precious Metals and Mining

  • LONDON, Nov 9- Mining companies led gains on London's FTSE bluechip index on Wednesday as Republican Donald Trump's victory in the U.S. presidential election spurred hopes for higher metal demand and drove investors to buy gold as a shelter against economic uncertainty. The FTSE mining index rose around 5 percent to its highest level since May 2015 led by gold...

  • LONDON, Nov 9- Global markets reacted on Wednesday with concern to Donald Trump's surprise victory in the U.S. presidential election, but construction, pharma and gold mining stocks emerged as big winners in the European trading session. Gains in those three sectors helped pull European stocks off their early lows that had followed a slump in Wall Street...

  • LONDON, Nov 9- Global markets reacted nervously on Wednesday to Donald Trump's surprise victory in the U.S. presidential election, but construction, pharma and gold mining stocks emerged as big winners in the European trading session. Gains in those three sectors helped pull European stocks off their early lows that had followed a slump in Wall Street futures.

  • Commodities tomorrow:

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

  • China, whose stimulus package spurred this year's commodities rally, is the biggest potential buyer. Together with Exxon Mobil Corp, BHP Billiton said it is considering selling depleting energy assets in Australia, including Kingfish, the country's largest discovered oilfield. It has agreed to sell half of its stake in the Scarborough area gas fields off...

  • Candidate promise to spend on infrastructure is good for metals: AB

    AllianceBernstein Senior Research Analyst, Paul Gait takes a look at where gold could be heading following the outcome of the U.S. election.

  • The metal dropped nearly two percent in its previous session after the Federal Bureau of Investigation cleared Democratic candidate Hillary Clinton of criminal charges related to her use of a private email server. "Election headlines are still dictating flows and the recent stability in the Clinton camp brought about via the FBI headlines has calmed the...

  • Oz Minerals approves a $980mn mine in south Australia

    Oz Minerals' Andrew Cole talks about the miner's new Carrapateena gold and copper mine, and how cost-cutting and innovation are important to the business.

  • The move from Yellowknife in Canada's Northwest Territories, where Dominion's Ekati mine is based, is expected to be finished in the middle of next year, it said. Because of its remoteness, the cost of doing business in Canada's Arctic is high. In moving to Calgary, Dominion follows in the footsteps of diamond producer De Beers Canada, which this year relocated its...

  • Commodities tomorrow:

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

  • 2017 should be a stock picker's market: Pro

    GAM Investment Director Xavier Van Hove explains why 2017 could be a better year for the stock-picker. Added comments on precious metals.

  • SINGAPORE, Nov 7- No matter who wins the race. for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects- Japan. At least for the short term, it is ironically the Japanese yen-- the currency of an economy mired in deflation, slow growth, deeply negative interest rates and a falling stock market--...

  • The Arkyd 100 (A100) small satellite used by Planetary Resources to gather compositional data of asteroids during prospecting missions.

    Space mining is a reality, so governments must collaborate to advance humanity, according to one scientist

  • Commodities tomorrow:

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

  • LONDON, Nov 3- Gold fell on Thursday, driven by Federal Reserve signals suggesting that it could raise interest rates next month, while investors closely watched developments in the U.S. presidential election campaign. Spot gold was down 0.6 percent at $1,288.92 an ounce at 1209 GMT. "The fact that the Fed made some hawkish comments opening up to a rate increase in...

  • LONDON, Nov 3- Gold fell on Thursday, driven by the Federal Reserve signaling that it could hike interest rates next month and uncertainty over the outcome of the U.S. presidential election. Spot gold was down 0.7 percent at $1,287.27 an ounce at 1139 GMT. "The fact that the Fed made some hawkish comments opening up to a rate increase in December could be seen as a...

  • The yellow metal touched a high of $1,307.76 in the previous session, its best since Oct. 4. "Some people think that Donald Trump would become the U.S. president and if that happens it is negative for the U.S. dollar and positive for gold," said Jiang Shu, chief analyst at Shandong Gold Group. Narrowing polls have led markets to price in more risk that Republican Donald...

  • *Spot gold seen between $1,292- $1,308- technicals. "Some people think that Donald Trump would become the U.S. president and if that happens it is negative for the U.S. dollar and positive for gold," said Jiang Shu, chief analyst at Shandong Gold Group. Narrowing polls have led markets to price in more risk that Republican Donald Trump might defeat his Democratic rival...

  • Adjusted earnings of $128.7 million, or 10 cents a share, were ahead of analysts' expectations of 4 cents a share, according to estimates from Thomson Reuters I/B/E/S. Kinross, which has 10 mines in North and South America, Africa and Russia, produced 684,129 equivalent ounces of gold during the quarter, up from 680,679 ounces in the same period last year.

  • Nov 2- Armed robbers stole around 2,000 ounces of gold worth $2.6 million at current prices from Yamana Gold Inc's Jacobina mine in northeast Brazil last month, a company spokesman said on Wednesday. In July another Canadian mining company, Agnico-Eagle Mines, said a group of armed men stormed one of its mines in northern Mexico, making off with an unspecified...