Paul Demzik, president of U.S. coal major Peabody Energy's Coaltrade International subsidiary recently left the company to pursue other interests, a Peabody spokeswoman said in an emailed response on Tuesday.
A full merger of Glencore and Xstrata, now before shareholders, will make the group the world's biggest zinc producer, with a controlled output of about 1.6 million tonnes and a 16 percent share of global zinc ore production.
A train loaded with iron ore travels towards the Rio Tinto Parker Point iron ore facility in Dampier in the Pilbara region of Western Australia April 20, 2011. Credit: Reuters/Daniel Munoz MELBOURNE (Reuters) - Global miner Rio Tinto has accelerated a...
4:20pm GMT By Douwe Miedema LONDON, Nov 19 (Reuters) - A raft of bidders including J.P. Morgan is lining up for failed brokerage MF Global's stake in the London Metals Exchange, two sources familiar with the situation said, providing some solace fo...
U.S. crude futures declined in early Asian trade on Tuesday as recession worries continue to weigh down the market, after the Chinese services sector posted its worst ever growth reading and concerns about European debt lingered.
9:56am BST By LONDON (Reuters) - An increasing number of investment banks are poised to muscle into the trading of physical iron ore, a business long dominated by trading houses, lured by the market's huge size and its shift to a more transparent pricing
Reuters Breakingviews Columnist Chris Swann says despite oil sands in Canada being cleaner than their reputation and the US purchasing crude from worse polluters including Nigeria and Venezuela, there are better ways to control emissions.
Workers at Freeport-McMoRan Copper & Gold's (FCX.N: Quote) Grasberg mine in Indonesia plan to stage a strike in coming days after talks with the company failed to resolve a pay dispute, a move that could tighten global copper supplies and lift prices.
A strike would be the second in two months at Grasberg, the world's third biggest copper mine that also has the biggest gold reserves, after an eight-day stoppage in July caused production losses and helped push copper prices to three-month highs
9:36am BST JOHANNESBURG, Aug 18 (Reuters) - South African diversified miner Exxaro said on Thursday that it expects production difficulties to keep coal output in the second half unchanged compared to the previous six months. South Africa's