NAI Content by User

WTI, Brent Oils Recorded for Weekly Drop on Slow Jobs Growth
Posted Fri, 2014-09-05 12:29NAI Editing
West Texas Intermediate and Brent crudes dropped after weaker-than-estimated U.S. jobs growth in August and as Ukraine and pro-Russian separatists agreed to a cease-fire.

Iron Ore Drops Below $85 for First Time Since '09 as China Slows
Posted Fri, 2014-09-05 07:50NAI Editing
Iron ore declined below $85 a metric ton for the first time in five years as China’s economy, the world’s biggest buyer, showed signs of losing momentum amid an expanding global glut.

U.S. Refiners Attack Government Exemptions to Oil Export Ban
Posted Fri, 2014-09-05 06:05NAI Editing
Four big U.S. oil refiners launched their first broadside on Thursday against Washington's decision to approve exports of lightly processed crude oil, urging U.S.

Abbott to Sign Uranium Deal with India as Nuclear Pact Agreed
Posted Fri, 2014-09-05 06:03NAI Editing
Australia and India have reached an agreement over civil nuclear cooperation, which opens the door for uranium sales to the South Asian nation as it battles power shortages.

Goldcorp 2014 Production Could Be at Low End of Forecast
Posted Fri, 2014-09-05 05:20NAI Editing
Goldcorp Inc's gold production this year could end up near the bottom end of its forecast range if it is unable to restart output at one of its Mexican mines, the company's chief executive said on Thu

Oil Falls as Refiners Slow Operations and Supplies Decline
Posted Thu, 2014-09-04 12:52NAI Editing
West Texas Intermediate crude fell after a government report showed that U.S. refineries reduced operating rates as the peak driving season came to an end.

Shell CEO Says US Should Export Oil to Stabilize Markets
Posted Thu, 2014-09-04 06:26NAI Editing
U.S. oil and natural gas exports "would reinforce the long-term future of North American energy production," significantly improve the U.S.

Glencore Says still Plans to Sell Lonmin Stake
Posted Thu, 2014-09-04 06:19NAI Editing
Swiss-based miner and commodities trader Glencore still wants to sell its 25 percent stake in South African platinum producer Lonmin at "the right time," its chief executive said on Wednesday.

Philippine Ore Ban Wins Support While Implementation Far Off
Posted Thu, 2014-09-04 06:14NAI Editing
The Philippine government should move toward banning mineral ore exports, the environment secretary said today, offering support to a bill proposing restrictions that may threaten nickel ore supplies

WRI Says 38% of World's Shale Resources Facing Water Stresses
Posted Wed, 2014-09-03 05:55NAI Editing
A new analysis shows 38 percent of the world’s shale resources in places such as China, Mexico and South Africa face high to extremely high water stress or arid conditions, according to the World Reso

Uranium Poised for Bull Market as Producers Trim Supplies
Posted Wed, 2014-09-03 05:53NAI Editing
Uranium is poised to enter a bull market amid tightening supply as producers shut mines and delay projects, more than three years after the Fukushima nuclear disaster in Japan sent prices lower.

Port Hedland Iron Ore Shipments to China Extend Climb to Record
Posted Wed, 2014-09-03 05:52NAI Editing
Iron ore shipments to China from Port Hedland in Australia, the biggest exporter, advanced to a record last month as mining companies increased production.

Vale, Glencore Break off Talks over Canada Nickel Deal
Posted Wed, 2014-09-03 05:51NAI Editing
Vale and Glencore have broken off talks over combining their nickel assets in Canada in a deal that could have produced over $1 billion in annual cost savings, sources close to the matter said.

Brent Oil Sinks to 15-Month Low on Demand Fears, Strong Dollar
Posted Tue, 2014-09-02 12:05NAI Editing
Brent crude oil futures fell to the lowest level in 15 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies weighed

Chile's Escondida Mine to Bring BHP, Rio Higher than Expected Dividends
Posted Tue, 2014-09-02 11:56NAI Editing
A copper bonanza seems to be in the cards for mining giants BHP Billiton (ASX:BHP) and Rio Tinto (LON:RIO) as their co-owned Chilean operation Escondida, the world's largest producing copper mine, may

SouthGobi Says Cash May Not Last the Year as Holder Defers Debt
Posted Tue, 2014-09-02 05:46NAI Editing
Hong Kong-listed SouthGobi Resources Ltd.

Freeport's $2 billion Chile Sale Hits Snag
Posted Tue, 2014-09-02 05:44NAI Editing
Freeport McMoRan's (NYSE:FCX) sale of a large Chilean mine to Canada's Lundin Mining (TSE:LUN) is being held up because of big changes to the South American country's tax regime.

China Banks Boost Precious Metals Hoard Amid Lease Demand
Posted Tue, 2014-09-02 05:18NAI Editing
The value of precious metals held by China’s biggest lenders surged 66 percent from a year ago as banks lease more gold to customers because tighter borrowing rules make it harder to lend funds.

Iron Ore Seen Slumping to $75 by CLSA as Global Supply Swells
Posted Tue, 2014-09-02 04:50NAI Editing
Iron ore will drop to $75 a metric ton in the second half of next year as rising low-cost supplies from Australia and Brazil worsen a global glut and the slowdown in China’s property market curbs dema

WTI Crude Oil Caps First Weekly Gain in Six on Economy
Posted Fri, 2014-08-29 14:33NAI Editing
West Texas Intermediate crude capped the first weekly gain in more than a month on speculation an improving U.S. economy will boost fuel demand.