Result Page 2 for Latest Basic Materials News & Archive

500 Jobs to be Axed as Rio Closes UK Aluminium Smelter

The company blames stringent emission policies of the EU environment legislation for the decision.

Vedanta Resources share price up on FTSE 100 as FY production rises

Shares in Vedanta Resources were up on the FTSE 100 in morning trading after the mining group reported record production of zinc and aluminium during the full year ended 31 March 2011.

Eurasian Natural Resources share price up on FTSE 100 as FY profit doubles

Shares in Eurasian Natural Resources were up on the FTSE 100 in morning trading after the mining company reported a doubling of post-tax profit in the full year 2010.

Chinalco to set up rare earth JV in south China: report

Aluminum Corp of China (Chinalco) will set up a joint venture with a local company to develop rare earths in the southern Chinese province of Guangxi, the China Securities Journal reported on Thursday.

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Report Reveals Another Record Year for Mining Investments

Rio Tinto and BHP Billiton share price up on FTSE 100 as JV collapse denied

Shares in Rio Tinto and BHP Billiton were up on the FTSE 100 in morning trading after Rio Tinto denied reports that a planned joint venture between the two is on the brink of collapse.

Wolseley share price down on FTSE 100 following £328m loss

Shares in Wolseley were down on the FTSE 100 in morning trading after the building materials company reported a significant loss in the full year ended 31 July 2010.

BHP Billiton share price up on FTSE 100 as FY profit rises

Shares in BHP Billiton were up on the FTSE 100 in morning trading after the mining giant reported a doubling of its profit in the full year ended 30 June.

Antofagasta share price down on FTSE 100 as H1 profits nearly double

Shares in Antofagasta were down on the FTSE 100 in afternoon trading despite the miner reporting a near doubling of its net earnings in the half year ended 30 June.

Eurasian Natural Resources share price down on FTSE 100 as H1 profits rise

Shares in Eurasian Natural Resources were down on the FTSE 100 in morning trading after the miner reported a rise in pre-tax profit for the first half of 2010.

Murchison Metals upgrades Jack Hills mineral deposits in Western Australia

Rio Tinto share price up on FTSE 100 as earnings rise 125%

Shares in Rio Tinto were up in afternoon trading on the FTSE 100 after the mining giant more than doubled its earnings and cut its net debt in the first half of the year.

Randgold Resources share price down on FTSE 100 as power cuts hit production at Mali site

Shares in Randgold Resources fell on the FTSE 100 in afternoon trading, despite the mining firm reporting a rise in quarterly and half year profit today.