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Materials and Metals Metals and Mining

  • MANILA, March 3- The Philippines may consider banning exports of raw minerals to encourage domestic processing and boost the value of shipments, an environment official said on Friday, as the government looks to extract more from its mining sector after a crackdown. Previous governments in the Philippines have supported calls to spur domestic processing of...

  • MANILA, March 3- The Philippines may consider banning exports of unprocessed minerals in an effort to promote value addition in the mining sector, a senior environment official said on Friday. The Philippines is the world's top nickel ore supplier, shipping nearly all of its output to China. Previous governments have supported calls to spur domestic...

  • LONDON, March 2- U.S. crude oil production appears to be rising strongly thanks to increased shale drilling as well as rising offshore output from the Gulf of Mexico. Production averaged almost 9 million barrels per day in the four weeks to Feb. 24, according to the latest weekly estimates published by the Energy Information Administration.

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • ZURICH, March 2- LafargeHolcim said one of its cement plants probably paid protection money to armed groups in Syria to keep the factory running in the war-torn country. French prosecutors are also investigating the cement group's activities in Syria. A judicial source in France told Reuters prosecutors were looking into the company's comments and could...

  • LONDON, March 2- U.S. crude oil production appears to be rising strongly thanks to increased shale drilling as well as rising offshore output from the Gulf of Mexico. Production averaged almost 9 million barrels per day in the four weeks to Feb. 24, according to the latest weekly estimates published by the Energy Information Administration.

  • SINGAPORE, March 2- Crude oil fell for a third consecutive session on Thursday as a record build-up in U.S. stockpiles weighed on the market, with producers boosting shale oil production. West Texas Intermediate futures slipped 12 cents, or 0.2 percent, to $53.71 a barrel by 0025 GMT. Still, oil remained locked within a tight trading range as strict OPEC compliance...

  • China is dominating the global resources game.

    When Chinese iron ore futures surged to a record high last week, spot prices in Australia jumped, an indication of China’s clout in price setting.

  • Trump shows a different side in his first address to Congress: part dealmaker, part salesman, asking for unity, not so combative and trying to repackage his populist message in more palatable terms. Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an...

  • Trump shows a different side in his first address to Congress: part dealmaker, part salesman, asking for unity, not so combative and trying to repackage his populist message in more palatable terms. Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an...

  • Trump shows a different side in his first address to Congress: part dealmaker, part salesman, asking for unity, not so combative and trying to repackage his populist message in more palatable terms. Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an...

  • President Donald Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an executive order as soon as next week, a White House official told Reuters on Wednesday. Trump and his fellow Republicans who control Congress are seeking to unravel former Democratic...

  • President Donald Trump will target a handful of Obama-era green regulations, including a federal coal mining ban and an initiative forcing states to cut carbon emissions, in an executive order as soon as next week a White House official told Reuters on Wednesday. Trump and his fellow Republicans who control Congress are seeking to unravel former Democratic...

  • TORONTO, March 1- Noranda Income Fund said on Wednesday it was deferring its 2017 zinc production and sales forecasts due to an ongoing strike by workers at its Quebec processing plant, the second-largest in North America. "We're waiting for management to call us," said USW Local 6486 President Manon Castonguay, adding that no meetings are currently scheduled.

  • Trump shows a different side in his first address to Congress: part dealmaker, part salesman, asking for unity, not so combative and trying to repackage his populist message in more palatable terms. Trump is likely to sign an executive order next week that lifts a ban on new federal coal mining leases and starts the process of killing other Obama-era initiatives...

  • NEW YORK, March 1- Exxon Mobil Corp still sees potential in its western Canadian operations despite a recent write-down in the value of nearly all its oil sands reserves there, Chief Executive Officer Darren Woods said on Wednesday. "The way we're managing that business is looking at the opportunity to drive efficiency, by bringing technology to bear, to bring...

  • President Donald Trump is likely to sign an executive order next week that lifts a ban on new federal coal mining leases and starts the process of killing other Obama-era initiatives to combat global climate change, a White House official said. "Rescinding federal coal leasing moratorium is part of that executive order, which has lots of different components,...