Metals Newswire (Page 2)

Comprehensive Real-Time News Feed for Metals. (Page 2)

Results 21 - 40 of 5,411 in Metals

  1. Iron Ore Risks Extending Collapse as Supply Jumps, Moody's SaysRead the original story

    10 hrs ago | The Washington Post

    ... and Vale have more tolerance to absorb lower prices in the near term than Cliffs Natural Resources Inc., Fortescue Metals Group Ltd. and Atlas Iron Ltd., the compression of earnings and cash flow is nonetheless value destructive, it said. Stockpiles ...


  2. Ukraine's Rebel Territory Marks First 'National Holiday'Read the original story

    10 hrs ago |

    Several hundred people gathered to mark the self-proclaimed Donetsk Peoples Republic 's first "national holiday" on Sunday, as fighting continued on the outskirts of the city. Also, Ukrainian and Russian officials said the two countries have reached a preliminary agreement on gas supplies.


  3. Short Sellers Catch Recent DownturnRead the original story w/Photo

    11 hrs ago | Seeking Alpha

    Average short interest in S&P 500 companies now stands at an 18 month high after steadily increasing in the last few months. The ten most shorted companies a month ago have fallen nearly twice as hard as the rest of the market.


  4. 'Commoner' Joko Widodo sworn in as Indonesia's seventh presidentRead the original story w/Photo

    12 hrs ago | The Indian Express

    Joko Widodo was inaugurated as Indonesia's new president on Monday, facing the challenges of rebooting a slowing economy and working with a potentially hostile opposition that has already landed some early blows against his administration. Widodo, the first Indonesian president not to come from the ranks of the country's established political, business and military elite, took the oath of office in a ceremony at parliament in the capital, Jakarta, attended by regional leaders and U.S. Secretary of State John Kerry.


  5. Molycorp Sees Large Increase in Short InterestRead the original story

    14 hrs ago |

    Shares of Molycorp were the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 69,815,006 shares, an increase of 16.0% from the September 15th total of 60,195,222 shares, American Banking News reports.


  6. Mining company teams up with First Nation for new winter roadRead the original story w/Photo

    16 hrs ago | Thunder Bay's Source

    One of the players still active in this Far North region is now teaming up with Marten Falls First Nation to help build a new winter road. Officials with Noront Resources hope to build its Eagle's Nest nickel mine, and the company also owns the rights to some of the chromite deposits in the rich mining area.


  7. Iron Ore Risks Extending Collapse as Supply Jumps, Moody's SaysRead the original story

    20 hrs ago | The Washington Post

    ... and Vale have more tolerance to absorb lower prices in the near term than Cliffs Natural Resources Inc., Fortescue Metals Group Ltd. and Atlas Iron Ltd., the compression of earnings and cash flow is nonetheless value destructive, it said. Global ...


  8. Australia stocks rise toward fifth straight winRead the original story w/Photo

    22 hrs ago | MarketWatch

    Australian stocks rocked higher in early Monday trade as solid gains for U.S. shares last Friday and a halt to losses for key commodities helped to send the S&P/ASX 200 rising 1.2% in initial trades, stalking what would be the benchmark's fifth straight session of gains. Among some of the best performing miners, diversified BHP Billiton Ltd. traded 4% higher after the company announced it would buy privately held Tenix Holdings Australia for 300 million Australian dollars on a cash and debt-free basis.


  9. Markets Live: Investors fight backRead the original story w/Photo

    Yesterday | The Age

    A global sharemarket rally on Friday has set the stage for a positive start to the local trading week, with the Medibank IPO prospectus due this morning. The board of contractor Transfield Services has advised shareholders to take no action in response to a cash takeover bid of $999 million for the company from Spanish infrastructure firm Ferrovial Servicios .


  10. Molycorp: 2 Reasons Why Leon Black Is Providing Mullet MoneyRead the original story w/Photo

    Yesterday | Seeking Alpha

    In July I argued the payoff from Leon Black and Apollo's investment in Molycorp bonds did not warrant the risk involved. Oaktree's debt is higher up the capital structure than Apollo's, and Molycorp's cash burn has gotten worse.


  11. Beijing marathoners don face masks to battle smogRead the original story w/Photo

    Yesterday | The Indian Express

    Despite heavy pollution blanketing Beijing on Sunday, an international marathon went ahead, with face masks and sponges among the equipment used by competitors to battle the smog. The 34th Beijing International Marathon began at Tiananmen Square with many of the tens of thousands of participants wearing face masks.


  12. Walter Energy: A Look At Its Runway If It Wants To Avoid DIP FinancingRead the original story w/Photo

    Wednesday Oct 15 | Seeking Alpha

    Q4 2015 becomes a key decision point if it wants to avoid DIP financing, otherwise early 2016 is the decision point if there is minimal improvement in met coal prices. One item that came up during prior discussions about Walter Energy is the possibility that it might file for bankruptcy with plenty of cash on hand in order to avoid requiring high-interest DIP financing to continue operations.


  13. Omaha Children's Museum opens farm exhibitRead the original story

    Saturday | Washington Times

    Kids visiting The Omaha Children's Museum this fall can learn a little more about how food gets from the farm to their plates. A new 10,000-square-foot exhibit dubbed "Once Upon a Farm" opened at the museum Saturday, The Omaha World-Herald reported .


  14. Chicago Bridge & Iron: An Excellent Long-Term Buy In The Energy SectorRead the original story w/Photo

    Saturday | Seeking Alpha

    Warren Buffett's Berkshire Hathaway keeps buying more of Chicago Bridge & Iron, and now owns nearly 10% of the company. CBI stock has fallen nearly 50% this year, along with falling oil prices and a short-thesis article this summer.


  15. Morgan Stanley Reiterates Overweight Rating for BHP Billiton LimitedRead the original story

    Saturday |

    's stock had its "overweight" rating reaffirmed by investment analysts at Morgan Stanley in a note issued to investors on Friday. They currently have a $44.00 price target on the stock.


  16. Oregon stocks of local interest: Bloomberg Oregonian index jumps 1.4 percent for the week (Interactive Graphics) Read the original story w/Photo

    Friday |

    The Bloomberg Oregonian index of local publicly traded companies rose 1.4 percent this week and remains up 2.9 percent for the year. The Oregonian index is price-weighted, rather than cap weighted, so as not to be driven entirely by a couple of big stocks (think Nike and Precision Castparts).


  17. Alcoa to sell Jamaica bauxite and alumina stakeRead the original story w/Photo

    Friday | Caribbean News Now!

    ... while maintaining jobs and protecting the economic contributions of Jamalco to Jamaica." Mark Hansen, head of the metals division at Noble Group commented, "This transaction will provide Noble with an additional 778,800 metric tons of annual alumina ...


  18. Iron ore price collapse claims more victimsRead the original story

    Friday | The Northern Miner

    Cliffs Natural Resources and London Mining have become the latest casualties of falling iron ore prices, with Cliffs declaring a US$6 billion non-cash impairment charge in the third quarter on its iron ore and coal assets, and London Mining placed into administration. London Mining says it will try to work with its administrator, PwC, to maintain its Marampa iron ore mine in Sierra Leone as a going concern, while Cliffs is working with its banking group to get an amendment that will eliminate the debt-to-capitalization covenant of 45% currently present in its revolving credit facility, as the non-cash impairment charge will increase the debt-to-capitalization ratio over that threshold.


  19. Zacks Downgrades Ecopetrol S.A. to UnderperformRead the original story

    Friday Oct 17 |

    They currently have a $28.00 price target on the stock. Zacks 's target price suggests a potential downside of 4.86% from the company's current price.


  20. Cliffs plans to write down $6 billion in assetsRead the original story w/Photo

    Friday Oct 17 | MarketWatch

    Cliffs Natural Resources Inc. is taking a $6 billion write-down, mostly related to the ill-timed purchase of a Canadian iron ore mine intended to supply the then-booming Chinese steel market. The hefty write-off by Cleveland-based iron ore and coal miner, announced Friday, is the latest blow to a sector reeling from a 40% drop in iron ore prices from a year earlier due largely to oversupply and slumping demand in China.