Mining News

The investigation into possible oil-price fixing gathered pace as trading houses from Glencore Xstrata Plc, the $70 billion mining firm, to Gunvor Group Ltd.

China welcomes more Indian enterprises to cooperate with their Chinese counterparts to achieve mutually beneficial and win-win results, visiting Chinese Premier Li Keqiang said here Tuesday.

The copper production is primarily through the Batu Hijau operation in Indonesia and Boddington operation in Australia.

An AK Steel joint venture has finished a $375 million financing deal to build an iron ore plant in Indiana.

"This is the year you should start thinking about reducing exposure to the mortgage REITs.

Service companies that rode the wave of investment in Australian resources are facing harder times, reporting a slew of earnings downgrades and preparing to move their focus overseas as a decade-long mining boom slows.

's stock had its "reduce" rating reiterated by investment analysts at Nomura in a note issued to investors on Monday, AnalystRatingsNetwork.com reports.

Silver and its Miners have been a volatile and disappointing trade for 2013. However the shorts have poured into these stocks and raked in massive returns.

PLC said Monday that John Thornton, a director who played a pivotal role in a 2010 power struggle at the bank, will step down this month to spend more time on other business interests.

Former Montana Gov. Brian Schweitzer said Monday that he is "focused like a laser" on improving the Stillwater Mining Co.

There's nothing like exclusive, high resolution, leaked photographs of arcane internal iPhone components to trigger the gaga reflex in the iOSphere.

's stock had its "buy" rating reaffirmed by research analysts at Investec in a report released on Monday, Stock Ratings Network.com reports.

Do you feel like Wyoming is losing its battle for proposed coal terminals in the Northwest region? Don't. The coal companies interested in exporting Powder River Basin coal are investing a lot of time and money into getting the projects done, Charlene Murdock, spokeswoman for Peabody Energy told Wyoming legislators Wednesday.

They currently have a $19.50 price target on the stock, down from their previous price target of $30.00. The analysts wrote, "BMO Research has reduced 2013E silver price assumptions by 11% to US$29.50/oz, as outlined in a report entitled, Flight to Quality.

The firm currently has a "neutral" rating on the stock. Several other analysts have also recently commented on the stock.

Yanzhou Coal Mining Company Ltd. plans to sell dollar-denominated subordinated securities and will begin a series of roadshows for institutional investors starting Monday, May 20.

's stock had its "buy" rating restated by analysts at BB&T in a research report issued to clients and investors on Monday, AnalystRatingsNetwork.com reports.

A number of other analysts have also recently weighed in on GFI. Analysts at Credit Suisse downgraded shares of Gold Fields from an "outperform" rating to a "neutral" rating in a research note to investors on Wednesday, April 3rd.

Separately, analysts at Goldman Sachs upgraded shares of Anglo American Platinum Limited from a "sell" rating to a "neutral" rating in a research note to investors on Friday, March 15th.

In the past year and a half, I have written tributes to two dear friends, Bob Rossell and Jim Bloomer.