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Dollar dips as bets trimmed before Bernanke testimony
ReutersLONDON (Reuters) - The dollar shed some of its recent gains against a basket of currencies on Wednesday as investors trimmed their bets on the currency before testimony from the U.S. Federal Reserve chief. Ben Bernanke, who testifies to Congress at 10.00...Tags: John Kerry, Nikkei, Germany, Bank of New York Company, Federal Reserve
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Exclusive: Glencore's top aluminum exec to leave, first exit since takeover-sources
ReutersNEW YORK (Reuters) - Glencore Xstrata's head of aluminum, Gary Fegel, is set to leave the company, three sources said, the first high-profile departure since commodity trading giant Glencore closed its purchase of miner Xstrata this month. Fegel's...Tags: Russia, Glencore International AG, Metal and Mineral, Century Aluminum Company, Mining
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Australia shares down 0.6 pct as mining services slump, banks retreat
Reuters(Adds details, comments) SYDNEY, May 21 (Reuters) - Australian shares fell 0.6 percent on Tuesday, with banks taking a break from recent sharp gains while a series of profit warnings took a heavy toll on mining services firms. Investors were also...Tags: Finance, BHP Billiton Plc., Metal and Mineral, Economy, Business and Finance, Australia
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REUTERS SUMMIT-Banco de Chile sees slower corporate, consumer credit demand as investments cool
Reuters(For other news from Reuters Latin America Investment Summit, click on http://www.reuters.com/summit/LatinAmerica13) By Anthony Esposito and Felipe Iturrieta SANTIAGO, May 20 (Reuters) - Banco de Chile, the country's leading lender, is tempering its...Tags: Citigroup Incorporated, Credit and Debt, Energy, Finance, Metal and Mineral
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COMMODITIES-Precious metals, oil rebound from early dives
Reuters* Gold shoots up from 1-month low and 7 days of losses * Silver hits Sept 2010 low before rebounding * Oil reverses early losses to end higher * Raw sugar near 3-year low, arabica coffee down for 5th day By Barani Krishnan NEW YORK, May 20 (Reuters)...Tags: China, Finance, Metal and Mineral, Thomson Corporation, Economy, Business and Finance
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COMMODITIES-Up broadly on strong US economic data; gold slumps
Reuters* Oil, copper up on strong US consumer sentiment, stock market * Corn up too on less sales by farmers focused on planting * Gold at 1-month low as Fed pressured to end US stimulus By Barani Krishnan NEW YORK, May 17 (Reuters) - Oil and copper prices...Tags: China, Energy Resources, Stock Market, Metal and Mineral, Thomson Corporation
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PREVIEW-Freeport shares could rise regardless of Plains vote outcome
ReutersBy Michael Erman and Julie Gordon May 17 (Reuters) - Freeport-McMoRan Copper & Gold Inc appears to be in a win-win situation as Plains Exploration shareholders prepare for Monday's vote on the miner's nearly $6 billion takeover bid, part of its...Tags: Metal and Mineral, Freeport-McMoRan Copper & Gold Inc, Elections, Politics, Morningstar Incorporated
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Freeport Indonesia mine should stay shut to probe tunnel collapse -union
Reuters* Suspension of copper mining enters third day * Tension between union, Freeport could spook investors * Indonesia president calls for investigation By Yayat Supriatna and Michael Taylor JAKARTA, May 17 (Reuters) - Freeport McMoRan Copper & Gold Inc's...Tags: Susilo Bambang Yudhoyono, Metal and Mineral, Gold and Precious Material, Mining, Casino and Gambling Industry
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Ecuador pushing ahead with reforms to lure mining investors
Reuters* Andean country rich in minerals, but has no big mines * Government-controlled Congress likely to approve reforms QUITO, May 16 (Reuters) - Ecuador's government on Thursday presented a mining bill to Congress that should pave the way for the signing of...Tags: Government, Judges, Metal and Mineral, Ecuador, Justice System
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Lower copper price hits Antofagasta Q1 profit
ReutersLONDON, May 16 (Reuters) - Chilean copper miner Antofagasta posted a 29 percent drop in first-quarter core profit on Thursday, as lower prices for its red metal and slightly higher operating costs offset increased production. Antofagasta said the...Tags: Metal and Mineral
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KGHM Q1 net dips on mining tax, falling metal prices
ReutersWARSAW, May 15 (Reuters) - First-quarter net profit at Europe's No.2 copper producer KGHM came in above expectations, still falling by 27 percent due to Poland's mining tax and falling metal prices, it said on Wednesday. The state-controlled miner closed...Tags: Metal and Mineral, Mining
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U.N. sees 2013 foreign direct investment in Latam between -3 percent and +7 percent
ReutersSANTIAGO (Reuters) - Foreign direct investment in Latin America and the Caribbean this year could fall as much as 3 percent or jump by up to 7 percent after leaping to a record in 2012, the United Nations' body for the region said on Tuesday. The region'...Tags: Metal and Mineral, Brazil, European Union, Santiago (Chile), United Nations
May 22, 2013
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May 21, 2013
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May 20, 2013
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May 20, 2013
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May 20, 2013
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May 17, 2013
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May 17, 2013
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May 17, 2013
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May 16, 2013
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May 15, 2013
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May 14, 2013
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May 14, 2013
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