China's demand for iron ore is "flattening out", a senior executive at BHP Billiton Ltd. said Tuesday.
U.K.-listed Anglo Pacific PLC (APF.LN ) is a rare breed for a mining sector-focused company. It's primary business isn't running a mine or owning a deposit, but securing royalties from a mine's revenue stream and in turn providing long-term, secure revenue streams for its shareholders.
BHP Billiton Ltd. BHP -0.59% is pushing ahead with plans for a dedicated rail line linking one of its mines in eastern Australia and the country's most northerly coal port.
Walter Energy Inc. tempered its fourth-quarter earnings guidance and lowered its estimate of output for the year, pointing to production problems in Alabama and weak results from some new startup projects.
U.K.-listed London Mining PLC said Friday it has started production of high grade iron ore from its Sierra Leone Marampa project and expects to ship its first iron ore later this month.
Anglo American PLC , which last week bought the Oppenheimer family out of diamond producer De Beers, will not look to buy out minority shareholders in its other African mining operations, The Sunday Times reports, citing the company's chief executive officer.
Acute power shortages will continue in parts of China in the upcoming winter and spring seasons, particularly in the southern and central regions where most of the country’s hydropower power stations are located, an energy official told a press conference Saturday.
Cecil John Rhodes: Founder of the mining group De Beers; advocate for British colonialism; founder of the state of what is now modern-day Zimbabwe; and largely credited with establishing the diamond industry. At one point, De Beers controlled 90% of the
Shares of Arch Coal Inc. dropped Friday evening after the company cut its yearly earnings forecast, while Eastman Kodak Co. shares edged higher, but remained under a $1 each, following a plunge during the regular trading session.
SAN FRANCISCO (MarketWatch) -- Canadian stocks climbed 2.4% in midday trading on Tuesday, led by strength in metals and mining shares as world markets gained on optimism for more decisive action in the euro-zone debt crisis. The benchmark S&P/TSX
Copper, coal and other industrial commodities can be great tools for predicting economic prospects and right now they’re offering a gloomy outlook, but a closer analysis shows a glimmer of hope as the world struggles to avoid recession.
China's position as the world's economic engine is being reinforced as expectations for growth in developed markets wane, but so is the risk a decline in its appetite for metals and minerals may mean the Asian giant won't offset any Western slowdown.
Canada's main stock index gained nearly 1% Tuesday, recovering the prior session's losses, as gold mining stocks rallied alongside a surge in gold futures.
Platinum prices have comfortably traded much higher than gold for the bulk of the last 20 years or so, but that relationship is starting to change and may signal a new order of value in the precious metals.
An Indian interest-rate decision and a possible legislative battle in Australia are among events that may impact Asian markets next week. The Reserve Bank of India is slated to hand-down its mid-quarter policy decision on Friday.
The Hulbert Gold Newsletter Sentiment Index, which measures the average recommended gold market exposure among a subset of the shortest-term gold market timers tracked by the Hulbert Financial Digest, stands at 40.3%. In late July, when an ounce of gold was trading for nearly $300 less, the HGNSI stood at 67%.
Union workers at Peruvian copper producer Sociedad Minera Cerro Verde said late Friday that they plan to hold a two-day strike starting Sept. 7 to seek a salary increase.
By Chuin-Wei Yap BEIJING -(MarketWatch)- Iron ore imports from sources outside China's four largest suppliers accounted for about a fifth of total ore imports in the first half of 2011, up 4% compared with the same period last year--challenging Australia
The South Korean market led the way for hefty stock losses in Asia Friday, as risk appetite evaporated on a fresh wave of concerns about global growth, with shipbuilders, exporters and financials among the hardest hit.
A miner died in an accident at Mingo Logan Coal Co.'s Mountaineer II facility in West Virginia Monday, reports the Charleston Gazette. The West Virginia Office of Miners' Health, Safety and Training confirmed the fatality.
Up 500 points one day, down 500 the next. That’s the way the market is these days.
Does the high price of gold have you thinking about selling your old jewelry? MarketWatch Radio's Adrienne Mitchell got some tips on how not to get taken from Sheila Adkins of the Better Business Bureau.
Move over gold and silver, it's time for platinum to start getting the attention it deserves as a precious metal.