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Mining News

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

1 hr ago | The Baltimore Sun

Indonesia's new president says he will sit down with miners

Indonesia's new president Joko "Jokowi" Widodo said he wants to sit down with mining companies and other parties in a bid to resolve a row over mining policies that has halted $500 million of metal exports a month in Southeast Asia's biggest economy.

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Related Topix: World News, Indonesia, Real Estate, Freeport, Newmont Mining Corporation of Canada

5 hrs ago | Business Journal

Morning Roundup: Express getting new CEO, cigar shops upset with FDA, and buy a phone - get a drone

Express CEO Michael Weiss ready to retire, cigar shops are upset about potential tighter FDA regulation, AK Steel buys another steelmaker, Hilliard building a new recreational hub for the community, Care Bears comic books are now a thing, and Sprint to sell drones with phones.

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Related Topix: Healthcare Law, Law, Steel, AK Steel Holding, Ohio, Smoking, Medicine, Health

9 hrs ago | Journalgazette.net

SDI forges $1.6 billion deal for Mississippi mill

If you are interested in this story, you might be interested in others from The Journal Gazette.

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Related Topix: Steel, Steel Dynamics, Fort Wayne, IN

Mon Jul 21, 2014

AmericanBankingNews.com

BHP Billiton plc Rating Reiterated by Nomura

's stock had its "buy" rating restated by investment analysts at Nomura in a note issued to investors on Monday.

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Related Topix: Manufacturing, Industrial Machines, Blount International, BHP Billiton

680News

Coeur da Alene Tribe cancels Ted Nugent concert over a racista remarks

This Aug. 16, 2013 file photo shows Ted Nugent performing at Rams Head Live in Baltimore.

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Related Topix: Ted Nugent, Pop/Rock, Coeur D Alene Mines

AmericanBankingNews.com

Steel Dynamics (STLD) Posts Quarterly Results

Steel Dynamics announced its earnings results on Monday. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.32 by $0.01, AnalystRatingsNetwork.com reports.

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Related Topix: Steel, Steel Dynamics

GuruFocus.com

Claude Resources: A High Grade Gold Producer Trading Below Book Value

Since 1991, Claude has produced over 1,000,000 ounces of gold from the Seabee Gold project.

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Related Topix: Claude Resources

Business Journal

Arch Coal lays off 213 in Appalachia mine closure

Arch Coal Inc. is laying off 213 full-time employees associated with its Cumberland River Coal Company complex in Wise County, Virginia, and Letcher County, Kentucky.

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Related Topix: Arch Coal, Wise County, VA

TheStreet.com

Why Arch Coal (ACI) Stock Is Up in After-Hours Trading Monday

The complex includes operations in West Virginia and Kentucky. The move is part of Arch Coal's strategy to move toward higher-margin, lower-cost metallurgical operations, while still retaining reserves for when market conditions strengthen.

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Related Topix: Arch Coal, TheStreet, Financial Markets

Benzinga

BB&T Falls On Downbeat Earnings; Steel Dynamics Shares Spike Higher

Midway through trading Monday, the Dow traded down 0.41 percent to 17,030.06 while the NASDAQ declined 0.38 percent to 4,415.29.

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Related Topix: Steel, Steel Dynamics, Korea Electric Power, Energy, Huaneng Power International, Apparel, Citi Trends

TheStreet.com

What to Expect When Peabody Energy (BTU) Reports Second-Quarter Earnings Tuesday

The consensus estimate calls for Peabody to report a loss of 29 cents a share on revenue of $1.64 billion.

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Related Topix: Peabody Energy, Financial Markets

Resource Investing News

Palladium Soars to Fresh 13-year High; Could Hit $1,000 Before Year End

Palladium has had quite a run so far in 2014. That trend continued last week when the white metal hit a new 13-year high on increased sanctions on Russia and a decrease in output from South Africa.

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Related Topix: Media, Medicine, Triad Hospitals, Computers, IT Services, Hospital Administration, Healthcare Industry, Thomson, Stillwater Mining

Seeking Alpha

Stillwater Mining, A Brilliant Palladium Star: Can It Shine Forever?

The palladium spot-price had reached a multi-year high again this week. The metal price is experiencing the "perfect storm" fueled by a strong positive momentum.

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Related Topix: Stillwater Mining, World News, Russia, Asia, Marketing, North American Palladium, Metals, Nye, MT

TheStreet.com

Top Swing Trade Ideas for Monday July 21: Cliffs Natural Resources, MannKind, PolyOne

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Related Topix: Cleveland Cliffs, Metals, Mozilla

TheStreet.com

Top Swing Trade Ideas for Monday July 21: Cliffs Natural Resources, MannKind, PolyOne

Cliffs traded positively on Friday, closing up 2.19% at $15.84. Cliffs looks good from a technical standpoint because it is in a confirmed trend reversal to the upside and is trading over the 50-day simple moving average.

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Related Topix: Cleveland Cliffs, Metals

West Australian

Shareholders take action against Newcrest

Newcrest Mining downgraded its production forecasts and reduced the value of its assets by more than $6 billion on June 7, 2013, partly due to the significant fall in the gold price.

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Related Topix: Newcrest Mining

Seeking Alpha

What Could Pull Silver Back Up?

The silver market cooled down last week, despite the escalation in the relationship between U.S and Russia.

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Related Topix: Pan American Silver, Financial Markets

Reuters

Russia's Severstal sells U.S. plants to AK Steel and Steel Dynamics

Steel Dynamics Inc will buy Severstal's Columbus mini-mill for $1.62 billion in cash, and AK Steel will buy the Russian steelmaker's assets in Dearborn, Michigan for $700 million in cash.

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Related Topix: Steel Dynamics, Steel, AK Steel Holding, Dearborn, MI

Sun Jul 20, 2014

MSN Money

Anglo American to unveil plan to shed platinum mines, cut 20,000 jobs: media

Anglo American Plc will unveil on Monday its plan to dispose of its oldest South African platinum mines, a move that would reduce the global miner's staff count by a fifth of its total workforce, the Sunday Times reported.

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Related Topix: Anglo American

Digital Post Production

Coeur Provides Updated Palmarejo Mine Plan

Coeur Mining, Inc. announced an updated and re-scoped mine plan and preliminary economic assessment for its Palmarejo silver and gold mine in Mexico .

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Related Topix: Coeur D Alene Mines

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