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Mining News

Mining news continually updated from thousands of sources around the net.

3 hrs ago | The Globe and Mail

Geologists seek work - any work - as mining boom goes bust

Barrick Gold will likely take a hit on the value of its Lumwana copper mine in Zambia, which it picked up in a $7.3-billion takeover two years ago.

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Related Topix: Geology, Science, Barrick Gold, Australia, Oceania, World News,

Thu Jul 10, 2014

AmericanBankingNews.com

Alcoa Price Target Raised to $11.00 at Macquarie

Macquarie's price objective indicates a potential downside of 29.58% from the stock's previous close.

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Related Topix: Alcoa, Stanley

Brandon Sun

Most actively traded companies on the TSX, TSX Venture Exchange

B2Gold Corp. . Miner. Down eight cents, or 2.59 per cent, to $3.01 on 6.4 million shares.

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Related Topix: Kinross Gold, Cable & Satellite, Telecom, Cogeco Cable, Television, Corus Entertainment

Sys-Con Media

Executive Chairman Robert Friedland Exercises Option to Acquire an...

Mr. Friedland's option to purchase additional units was part of the original terms of the Ivanhoe Mines private-placement financing that was announced on May 20, 2014, and which closed on June 10, 2014.

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Related Topix: Ivanhoe Mines, Metals

Forbes.com

S&P 500 Movers: TSCO, NEM

In early trading on Thursday, shares of Newmont Mining topped the list of the day's best performing components of the S&P 500 index, trading up 1.5%.

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Related Topix: Newmont Mining Corporation of Canada, Construction, Retail, Tractor Supply, Financial Markets

TheStreet.com

Analysts' Actions: Alcoa, Allscripts, Autodesk, Lumber Liquidators

Twelve-month price target is $18. Company can exceed consensus expectations in the upstream business, Morgan Stanley said.

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Related Topix: Alcoa, Stanley, Financial Markets

GlobeNewswire

Century Aluminum Sets Date for Second Quarter 2014 Earnings Announcement

Century Aluminum Company will report second quarter 2014 earnings on Wednesday, July 30th after the close of market trading.

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Related Topix: M Metrics, Century Aluminum, Metals

Wed Jul 09, 2014

The Globe and Mail

The shocking truth about B.C.'s carbon tax: It works

Prime Minister Stephen Harper repeatedly claims that a carbon tax would 'destroy jobs and growth.'

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Related Topix: Stephen Harper, Pan American Silver, North America, Canada, World News

TheStreet.com

Jim Cramer's 'Mad Money' Recap: Hunting for Bargains

Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.

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Related Topix: Mozilla, TheStreetcom, Media, TheStreet, Computers, Alcoa

Channelnewsasia.com

Abe makes symbolic visit to Australia mining heartland

Japanese Prime Minister Shinzo Abe visited the resources-rich Pilbara region of Western Australia Wednesday, in a recognition of the key role its minerals have played in his country's economic growth.

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Related Topix: Travel, Pacific Travel, Australia Travel, Rio Tinto, Papua New Guinea, Oceania, World News, Sydney, Australia Travel

Silver City Sun-News

Stocks creep up after 2 days of losses

Stocks inched higher in early trading Wednesday, reversing a two-day decline, as the quarterly earnings season got underway with some positive news from the giant aluminum company Alcoa.

Comment?

Related Topix: Financial Markets, Alcoa

Reuters

Global Markets-Growth fears eclipse Us earnings; Fed, Draghi eyed

Miner Alcoa Inc reported results after Wall Street closed that beat analysts' expectations, but that was not enough to help European equities recover after posting their biggest fall in three months on Tuesday.

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Related Topix: Financial Markets, Alcoa

Wall Street Journal

Capacity Cuts Lift Alcoa Profit

Alcoa Inc. returned to profitability in the second quarter as restructuring charges declined and years of cost cutting finally started to pay off.

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Related Topix: Alcoa

Tue Jul 08, 2014

The Age

need2know: Shares poised to open down

Local stocks are set to open sharply lower after a wave of anxiety triggered a broad sell off on global markets.

Comment?

Related Topix: Financial Markets, Stanley, Newcrest Mining

Star Phoenix

Potash Corp. CEO says won't follow Uralkali strategy on prices

The new CEO of Potash Corp. of Saskatchewan Inc., Jochen Tilk, said the company has no plans to follow a competitor's strategy of cutting prices to try to add to market share.

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Related Topix: Potash Corporation of Saskatchewan, Chemicals, Canada, Agriculture, Science

Brandon Sun

Aluminum maker Alcoa posts $138 million profit in 2Q on strong products business

Alcoa Inc. on Tuesday reported a second-quarter profit of $138 million, reversing a year-ago loss, and the results beat analysts' expectations.

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Related Topix: Alcoa

Reuters

Alcoa results beat Wall Street, shares rise

"It looks like it was a very good quarter both in earnings and revenues and, of course, everybody's looking for the revenues," said Tim Ghriskey, chief investment officer of Bedford Hills, New York-based Solaris Asset Management, which owns Alcoa bonds.

Comment?

Related Topix: Alcoa, Bedford Hills, NY, Financial Markets

Barron's

Rio, Vale Upgraded On China Growth

Predicated on U.S. GDP growth in the second half, a European recovery in the offing, a new government in India and China economic strength, Barclays expects a strong chance of an iron ore equity bounce.

Comment?

Related Topix: Investment Banking, Financial Services, Barclays Capital, Companhia Vale do Rio Doce

Fox News

As Investors Look for Earnings Clarity, Futures Dip

U.S. stock index futures edged lower on Tuesday, suggesting a second day of weakness as investors continued to hold off from making big bets going into the start of corporate earnings season.

Comment?

Related Topix: Alcoa, Business News

Business Journal

Zimmer named chief commercial officer of Universal Stainless & Alloy

Universal Stainless & Alloy Products promoted Chris topher M. Zimmer to a new position as executive vice president and chief commercial officer of the Bridgeville-based steel company.

Comment?

Related Topix: Steel, Universal Stainless and Alloy Products

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