Metals Diversified Metals and Mining

  • It was a 'pretty good quarter' for BHP: Citi

    Clarke Wilkins of Citi says iron ore was "certainly the highlight" of Australian miner BHP Billiton's quarterly production report.

  • Casters are showered with sparks, or 'skeeters,' as molten steel is shaped into bars called 'billets' at the TAMCO steel mini mill on in Rancho Cucamonga, California. 

    U.S.-based Coronado Global Resources launched what is set to be Australia's biggest coal mining float in six years with an IPO that seeks to raise up to A$1.3 billion.

  • SYDNEY/ MELBOURNE, Sept 24- U.S.-based Coronado Global Resources Inc launched what is set to be Australia's biggest coal mining float in six years with an IPO that seeks to raise up to A $1.3 billion and capitalise on Asian demand for the steelmaking commodity. Coronado, which is backed by U.S. private equity firm Energy and Minerals Group, said in a statement on...

  • SYDNEY, Sept 24- U.S.-based Coronado Global Resources Inc kicked off what is set to be Australia's biggest coal mining float in six years with an IPO that seeks to raise up to A $1.3 billion and capitalize on Asian demand for the steelmaking commodity. Coronado, which is backed by U.S. private equity firm Energy and Minerals Group, said in a statement on Monday it...

  • TORONTO, Aug 28- Canadian diversified miner Teck Resources Ltd said on Tuesday that lead smelting had resumed at its Trail, British Columbia, facility after a seven-day suspension because of wildfires in the province. Trail operations have returned to normal, said spokesman Chris Stannell. In June, Vancouver- based Teck forecast Trail production at 65,000...

  • *Set to be biggest coal float in Australia since 2012. MELBOURNE/ SYDNEY, Aug 28- U.S. private equity firm Energy and Minerals Group is planning an A $1 billion initial public offering of Connecticut- based Coronado Coal in Australia, two people with knowledge of the plan said on Tuesday. The IPO, which is expected to value the whole company at around A $3 billion, is...

  • JOHANNESBURG, Aug 27- South Africa's rand rand firmed by one percent against to the dollar after the greenback weakened for a second straight session, while stocks firmed across the board tracking the stronger rand. Federal Reserve Chairman Jerome Powell on Friday suggested a slower pace of monetary tightening, putting pressure on the dollar.

  • *Big miners set to expand after weathering mining bust. MELBOURNE, Aug 24- As Australia's big miners gear up for a new round of expansion after years of belt tightening, prices for everything from labor to fuel to equipment have begun to rise, driving up costs and eating into margins. "The pressures are coming," said Rohan Walsh, a portfolio manager at Karara Capital in...

  • *Big miners set to expand after weathering mining bust. MELBOURNE, Aug 24- As Australia's big miners gear up for a new round of expansion after years of belt tightening, prices for everything from labor to fuel to equipment have begun to rise, driving up costs and eating into margins. "The pressures are coming," said Rohan Walsh, a portfolio manager at Karara Capital in...

  • BEIJING, Aug 24- London copper price recovered from an early dip to trade higher for the first session in three on Friday, as investors shrugged off the lack of a breakthrough in U.S.- China trade talks and sensed buying opportunities. China copper import premiums are currently at $86 per tonne, their highest since October 2016, while zinc premiums on a cost,...

  • BEIJING, Aug 24- London copper prices edged down in early Asian trade on Friday, moving lower for a third straight session due to a stronger dollar and after U.S. and Chinese officials ended two days of trade talks without any major breakthroughs. The metal remains down 5.2 percent this month on concerns the U.S.- China trade row will hurt demand for industrial...

  • TORONTO, Aug 23- Canadian diversified miner Teck Resources Ltd said on Thursday that lead smelting at its Trail, British Columbia facility was suspended for a fourth day due to wildfires in the province. Zinc operations at the complex are currently unaffected, said spokesman Chris Stannell. There are 563 wildfires burning in British Columbia, which declared a...

  • Some investors were likely expecting an early call on capital allocation towards shareholder returns, following the sale of BHP's onshore US assets, says Robert Brierley of RM Capital.

  • Evan Lucas from InvestSMART says base metals played a key role in the strong BHP results and that the company’s future growth potential remains strong.

  • A look at the challenges ahead for Australia's mining sector

    Karl Simich of Sandfire Resources discusses some of the potential future threats and opportunities for the mining industry.

  • Discussing the outlook for nickel

    Peter Muccilli of Mincor Resources explains why the future demand for nickel "bodes well" for the metal's price.

  • Zinc remains in a supply 'deficit,' says Heron Resources

    Wayne Taylor of Heron Resources says China is "by far the largest consumer" of zinc and the fundamentals of the industry remain "very strong."

  • The potential use cases of drones in the mining industry

    Omri Rahamim of Airobotics explains how mining companies can benefit from the use of drones platforms.

  • The mental toll of fly-in fly-out mining in Australia

    CNBC's Matthew Taylor explores the challenges faced by Australia's mining industry as its labor pool shrinks.

  • There is an 'ongoing mining boom' in Australia: Deputy PM

    Michael McCormack, deputy prime minister of Australia, discusses the government's plans to make the country's mining sector more competitive on the global stage.