Basic Materials


UPDATE 1-Kinross posts loss, sees 2015 output near top of own forecast

July 29 - Kinross Gold Corp slid to a loss in the second quarter, in line with market expectations, on the back of a weaker gold price, lower gold sales and the temporary suspension of operations at a mine in Chile.

Stocks, Markets, 5:13pm EDT

UPDATE 1-Brazilian police probe nuclear submarine program -Folha

SAO PAULO, July 29 - Brazilian federal police are investigating potential irregularities in a military program that aims to build a nuclear-powered submarine in partnership with France by 2023, newspaper Folha de S. Paulo reported on Wednesday.

Vilmorin would consider Syngenta seed assets bid

PARIS, July 29 - French seeds group Vilmorin would consider taking over part of Syngenta's seed activities if these were put up for sale as part of the proposed takeover by U.S. rival Monsanto, the company said on Wednesday.

HeidelbergCement emerges from Hanson shadow to reenter M&A arena

FRANKFURT, July 29 - Germany's HeidelbergCement has re-emerged as a global M&A player with the 6.7 billion-euro ($7.4 billion) takeover of Italcementi, after spending the best part of a decade repairing the damage from its last major acquisition.

1:12pm EDT

Metallon's gold output falls short in further setback for Zimbabwe mining sector

HARARE, July 29 - Metallon Corp, the biggest gold producer in Zimbabwe, said it missed its first-half output target by 19 percent due to equipment breakdowns, in another setback for the country's mining sector, which has been hit by slumping commodities prices.

11:19am EDT
Basic Materials
Dow Chemical Co $47.43 +1.67%
LyondellBasell Industries NV $93.76 +1.41%
Praxair Inc $115.93 +0.48%


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