NAI Breaking News

CME Opens Electronic Futures Trading After 4-Hour Delay
Posted 2014-08-25 03:21NAI Editing
The Chicago Mercantile Exchange started electronic futures trading after a technical issue halted markets for as long as four hours, affecting contracts from U.S.

China Gold Imports Drop for Fifth Month on Weak Demand
Posted 2014-08-25 03:18NAI Editing
China’s gold imports from Hong Kong in July fell by 42 percent from a month earlier as an anti-corruption campaign and price declines deterred Chinese consumers.

Magnitude 6.9 Earthquake Strikes Southern Peru, No Reports of Damage
Posted 2014-08-25 03:14NAI Editing
A magnitude 6.9 earthquake struck southern Peru on Sunday, shaking the capital Lima 300 miles away but triggering no widespread damage or injuries.

PetroVietnam Sees Exxon Pact by 2015 in $10 Billion Project
Posted 2014-08-22 04:32NAI Editing
Vietnam Oil & Gas Group Chief Executive Do Van Hau said the company may reach an agreement by next year with Exxon Mobil Corp.

Copper Set for Weekly Gain as U.S. Housing Data Beats Estimates
Posted 2014-08-22 04:21NAI Editing
Copper reached a two-week high on the London Metal Exchange, heading for the first weekly advance in a month after stronger-than-expected housing data in the U.S., the second-largest consumer of the m

BP to Spend $9 Billion on Australia Fuel Stations, Exploration
Posted 2014-08-22 03:33NAI Editing
BP Plc (BP/), the operator of the biggest oil refinery in Australia, plans to spend A$10 billion ($9.3 billion) this decade expanding its filling station network and developing oil and gas projects su

Brazil's Iron Ore Giant MMX to Sell off 300,00 Tonnes of Stockpile
Posted 2014-08-22 03:32NAI Editing
Brazil’s iron ore firm MMX Mineração e Metalicos (BVMF:MMXM3), the mining unit of former billionaire Eike Batista, is in talks to sell over 300,000 tons of the ore it has in stock as it seeks to avoid

Vale Secures Key Licence for Flagship Iron Ore Mine Expansion
Posted 2014-08-22 02:55NAI Editing
Brazil’s Vale (NYSE:VALE), the world's largest producer of iron ore, has secured a key environmental licence for a 90 million tonnes a year expansion of its flagship iron ore mine in the Carajás compl

U.S. Mint Platinum Coins Bypassed in Rush for Gold
Posted 2014-08-21 04:29NAI Editing
Five months after the U.S. Mint began producing coins made with platinum, sales have all but collapsed as investors continue to favor gold and silver.

Aluminum Falls From 18-Month High After China PMI Data
Posted 2014-08-21 03:34NAI Editing
Aluminum in London retreated from an 18-month high as industrial metals declined after worse-than-expected manufacturing data from China, the biggest consumer.