Coal prices are up and US miners still can’t catch a break
The global coal markets have been on a tear lately, and America’s miners are still tanking.
Latest Stories
Nerves of steel are needed if iron rally is over: taking stock
The Stoxx Europe 600 is still stuck in a tight range as the earnings season is getting into full swing.
Billionaire’s copper plant, job losses pressure a key Modi ally
In Tamil Nadu, a small breakaway group is attempting to make inroads in one district by promising to shutter a copper smelter run by mining giant Vedanta Ltd.
LME storage problems writ large in tiny tin market
Depleted stocks have been a long-running theme on the LME tin market.
Barclays and Red Kite settle copper market dispute
Red Kite in 2017 sued Barclays for $850 million, alleging that the bank's traders were able to see the hedge fund's confidential trading positions on the London Metal Exchange.
LME ready to address flaws in its metal storage rules
A problem has emerged in relation to the LME's "load-in and load-out" rules, which specify the tonnage that has to be shipped out when a queue to deliver metal is longer than 50 days.
Sandvik kicks off Nordic industrial earnings season with order beat
Sandvik's metal-cutting tools are seen as a good indicator of industrial demand.
Alrosa launches new Zarya pipe in eastern Russia
The new deposit should compensate for the depleting stock of the Komsomolsky open-pit mine.
Done deal: Newmont Goldcorp becomes world’s No. 1 gold miner
Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed on the S&P 500 Index.
