Glencore stock getting hammered as China slowdown, commodities rout hit profit
The world's leading commodity trader stock slumped to a record low Wednesday after it revealed it swung to a steep first-half loss of $676 million.
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Canadian miner profit hit by Codelco’s striking contractors, snow storm
Cerro Grande said the events had adversely impacted operations at its Pimenton mine in Chile, and will have a negative impact on its fourth fiscal quarter, ending Sept. 30, 2015.
Stillwater lays off 119 workers
In the last year, spot platinum prices have slumped by almost a third.
Uranium has a new hot spot: Haywood’s Mick Carew
Mick Carew explains how a Brazilian phosphate company with a first-rate product might produce for portfolios.
Lucara’s on a roll: three new diamonds recovered at Botswana mine
Since the recovery of the first large diamond from Karowe in 2013, the firm has found 216 gems at the site.
Brazil’s consultancy standarizes on AVEVA software
AVEVA software implemented on key Oil & Gas projects to improve design efficiency and will be rolled out across multiple industries
K+S secures major potash supply deal from its Canadian Legacy mine
The agreement with Kansas-based Koch Fertilizer comes as the European firm attempts to fend off a takeover bid from Potash Corp.
Copper down to fresh six-year low after China market falls
The red metal dropped to $5,012 on trading on the London Metal Exchange, approaching the level of $5,000 it last hit in late 2008.
Glencore plans to shut Eland platinum mine in South Africa, union says
The company had said in June it lacked the inside edge to make owning the precious metal worthwhile.