Metals Diversified Metals and Mining

  • Jan 4- Latin American currencies gave up some of their early gains on Friday as the dollar rose after data showed higher than expected U.S. job growth, while Beijing's announcement a new round of trade talks with Washington helped lift stocks in the region. Prices of key export copper jumped on hopes of improving U.S.- China trade. China is the world's top consumer...

  • *China currently recycles less than a third of its slag. ANSHAN, China/ MANILA, Dec 10- China's self-styled war on pollution is extending to a new front: the solid waste that makes up thousands of slag heaps around the country, a byproduct of its record steel output. "We will spare no effort in addressing solid waste-related environmental issues by strengthening...

  • *China currently recycles less than a third of its slag. ANSHAN, China/ MANILA, Dec 10- China's self-styled war on pollution is extending to a new front: the solid waste that makes up thousands of slag heaps around the country, a byproduct of its record steel output. "We will spare no effort in addressing solid waste-related environmental issues by strengthening...

  • Orocobre CEO Richard Seville discusses the long-term transformation of his lithium-focused company.

  • Australian bank earnings 'reasonably strong': Portfolio manager

    Jun Bei Liu of Tribeca Investment Partners weighs in on BHP news. She also says Macquarie's purchase of AMP could be "cleaner" now, compared to a year ago when the bank tried to team up with other potential bidders.

  • A number of one-time events also weighed on the quarter, including delayed zinc sales and higher costs at the Trail smelter due to forest fire smoke, adding up to C $58 million, TD Securities analyst Greg Barnes said in a note. The Vancouver- based company now expects 2018 steel-making coal output in the low end of a range between 26 million and 27 million tonnes,...

  • Teck, the world's second-biggest exporter of steel-making coal, said adjusted profit fell to C $466 million, or C0.81 per share, during July-September, from C $605 million, or C $1.05 per share, a year earlier. Analysts were expecting earnings of C $0.94 a share, according to Refinitiv estimates. Revenue rose 4.4 percent to C $3.21 billion from a year earlier, the...

  • Oct 25- Diversified Canadian miner Teck Resources Ltd reported a near 23 percent drop in third-quarter adjusted earnings on Thursday, as prices for the company's main products fell in the quarter. Teck, the world's second-biggest exporter of steel-making coal, said adjusted profit fell to C $466 million, or C0.81 per share, during July-September, from C $605...

  • 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...