LME to launch monthly ‘implied pricing’ for base metals
Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin.
Latest Stories
South Africa’s Amplats, PIC create venture fund to lift PGM industrial demand
The world's no. 1 platinum producer has spun off an internal fund and invested $100 million in a new venture capital fund
Nevsun passes on Lundin’s $1.4 billion fresh takeover bid
The base metals producer said that, while it has not yet received a formal offer from Lundin, the bid announced Monday the bid ignores the fundamental value of the company and its assets.
Rio Tinto posts jump in iron ore output, flags stronger 2018
Rio said it expected iron ore shipments for the year to be at the upper end of its range of 330 million to 340 million tonnes, thanks to productivity improvements and fewer weather-related disruptions compared to Q2 2017.
How mining tycoons are trying to foil a big UK bribery probe
The case will undoubtedly frustrate attempts to bring criminal charges against them and drag out proceedings for months, if not years.
Noront Resources won’t be building its $1B Ferrochrome plant in Sudbury or Thunder Bay
Sorry, Sudbury.
S. Africa unions decry fatalities as six die at copper mine
South Africa’s mining industry is heading for the deadliest year since 2012 after six people died in an underground fire at Palabora Mining.
African conglomerate Moti is open to $500m stake sale
Moti said he’d be willing to sell as much as 25 percent to the right partner, but ruled out any prospect of an initial public offering.
